FY2025 Earnings Forecast for PARAA Issued By Seaport Res Ptn

Paramount Global (NASDAQ:PARAA - Free Report) - Investment analysts at Seaport Res Ptn decreased their FY2025 earnings per share (EPS) estimates for Paramount Global in a report released on Tuesday, March 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings per share of $2.39 for the year, down from their prior forecast of $2.41. The consensus estimate for Paramount Global's current full-year earnings is $2.25 per share. Seaport Res Ptn also issued estimates for Paramount Global's Q2 2026 earnings at $0.82 EPS, Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $0.55 EPS and FY2026 earnings at $2.69 EPS.

Paramount Global Price Performance

Shares of PARAA stock traded down $0.10 during trading on Thursday, hitting $22.62. The company had a trading volume of 23,722 shares, compared to its average volume of 24,383. Paramount Global has a 52 week low of $16.59 and a 52 week high of $26.34. The stock has a market capitalization of $15.09 billion, a price-to-earnings ratio of -2.75 and a beta of 1.57. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.85. The stock's 50-day moving average is $22.61 and its two-hundred day moving average is $22.38.

Paramount Global (NASDAQ:PARAA - Get Free Report) last posted its earnings results on Wednesday, February 26th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.27). The business had revenue of $7.98 billion for the quarter, compared to analysts' expectations of $8.07 billion. Paramount Global had a positive return on equity of 5.81% and a negative net margin of 18.89%.

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Hedge Funds Weigh In On Paramount Global

A number of large investors have recently added to or reduced their stakes in PARAA. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in Paramount Global by 1,152.0% in the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 125,200 shares of the company's stock worth $2,792,000 after purchasing an additional 115,200 shares during the period. Bank of New York Mellon Corp increased its holdings in Paramount Global by 450.7% during the 4th quarter. Bank of New York Mellon Corp now owns 124,832 shares of the company's stock valued at $2,784,000 after purchasing an additional 102,165 shares during the period. Millennium Management LLC raised its position in Paramount Global by 41.2% during the 4th quarter. Millennium Management LLC now owns 230,283 shares of the company's stock valued at $5,135,000 after purchasing an additional 67,177 shares during the last quarter. Slotnik Capital LLC purchased a new stake in Paramount Global in the 3rd quarter worth approximately $1,401,000. Finally, AQR Arbitrage LLC bought a new stake in shares of Paramount Global in the 4th quarter worth approximately $1,335,000. Hedge funds and other institutional investors own 5.98% of the company's stock.

Paramount Global Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend is Monday, March 17th. Paramount Global's dividend payout ratio (DPR) is presently -2.15%.

Paramount Global Company Profile

Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands.