PARA Stock Overview
Paramount Global operates as a media and entertainment company worldwide.
Paramount Global Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$20.17|
|52 Week High||US$41.18|
|52 Week Low||US$19.87|
|1 Month Change||-19.00%|
|3 Month Change||-22.36%|
|1 Year Change||-49.56%|
|3 Year Change||-49.98%|
|5 Year Change||-65.22%|
|Change since IPO||-20.56%|
Recent News & Updates
Paramount Global (NASDAQ:PARA) Is Paying Out A Dividend Of $0.24
Paramount Global ( NASDAQ:PARA ) will pay a dividend of $0.24 on the 3rd of January. Based on this payment, the...
Paramount Global declares $0.24 dividend
Paramount Global (NASDAQ:PARA) declares $0.24/share quarterly dividend, in line with previous. Forward yield 4.49% Payable Jan. 3; for shareholders of record Dec. 15; ex-div Dec. 14. See PARA Dividend Scorecard, Yield Chart, & Dividend Growth.
Paramount Global announces key appointments
Paramount Global (NASDAQ:PARA) (NASDAQ:PARAA) announced that Jo Ann Ross is being named Chairman, Paramount Advertising, following 30 remarkable years at the company. John Halley, who previously served as executive VP and COO, Advertising, will succeed Ross as President, Paramount Advertising, overseeing the company's domestic multiplatform sales efforts across its leading portfolio of broadcast, cable, digital and streaming assets. He will report to Bob Bakish, President and CEO of Paramount, effective immediately.
|PARA||US Media||US Market|
Return vs Industry: PARA underperformed the US Media industry which returned -45.2% over the past year.
Return vs Market: PARA underperformed the US Market which returned -23% over the past year.
|PARA Average Weekly Movement||6.3%|
|Media Industry Average Movement||7.2%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: PARA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PARA's weekly volatility (6%) has been stable over the past year.
About the Company
Paramount Global operates as a media and entertainment company worldwide. The company distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, and schedules programming on the CBS Television Network that includes primetime comedies and dramas, reality, specials, kids’ programs, daytime dramas, game shows, and late night programs; produces or distributes talk shows, court shows, game shows, and newsmagazines; owns and operates 29 broadcast television stations; and operates CBS Sports Network, a 24-hour cable channel that provides sports and related content, as well as streaming and cable subscription services. It also operates Paramount+, a digital subscription video on-demand and live streaming services; and creates and acquires programming for distribution and viewing on various media platforms, including subscription cable networks, subscription streaming, and premium and basic cable networks.
Paramount Global Fundamentals Summary
|PARA fundamental statistics|
Is PARA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PARA income statement (TTM)|
|Cost of Revenue||US$19.42b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||4.90|
|Net Profit Margin||10.69%|
How did PARA perform over the long term?See historical performance and comparison
4.8%Current Dividend Yield
Does PARA pay a reliable dividends?See PARA dividend history and benchmarks
|Paramount Global dividend dates|
|Ex Dividend Date||Dec 14 2022|
|Dividend Pay Date||Jan 03 2023|
|Days until Ex dividend||78 days|
|Days until Dividend pay date||98 days|
Does PARA pay a reliable dividends?See PARA dividend history and benchmarks
Is PARA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PARA?
Other financial metrics that can be useful for relative valuation.
|What is PARA's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PARA's PE Ratio compare to its peers?
|PARA PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
NXST Nexstar Media Group
PARA Paramount Global
Price-To-Earnings vs Peers: PARA is good value based on its Price-To-Earnings Ratio (4.1x) compared to the peer average (11.4x).
Price to Earnings Ratio vs Industry
How does PARA's PE Ratio compare vs other companies in the US Media Industry?
Price-To-Earnings vs Industry: PARA is good value based on its Price-To-Earnings Ratio (4.1x) compared to the US Media industry average (10.3x)
Price to Earnings Ratio vs Fair Ratio
What is PARA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4.1x|
|Fair PE Ratio||19.6x|
Price-To-Earnings vs Fair Ratio: PARA is good value based on its Price-To-Earnings Ratio (4.1x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).
Share Price vs Fair Value
What is the Fair Price of PARA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PARA ($20.17) is trading below our estimate of fair value ($88.05)
Significantly Below Fair Value: PARA is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Paramount Global forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PARA's earnings are forecast to decline over the next 3 years (-0.2% per year).
Earnings vs Market: PARA's earnings are forecast to decline over the next 3 years (-0.2% per year).
High Growth Earnings: PARA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PARA's revenue (4.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: PARA's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PARA's Return on Equity is forecast to be low in 3 years time (6.7%).
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How has Paramount Global performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PARA has a large one-off gain of $1.9B impacting its June 30 2022 financial results.
Growing Profit Margin: PARA's current net profit margins (10.7%) are lower than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: PARA's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: PARA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PARA had negative earnings growth (-1.6%) over the past year, making it difficult to compare to the Media industry average (12.6%).
Return on Equity
High ROE: PARA's Return on Equity (14.2%) is considered low.
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How is Paramount Global's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PARA's short term assets ($14.2B) exceed its short term liabilities ($9.6B).
Long Term Liabilities: PARA's short term assets ($14.2B) do not cover its long term liabilities ($23.9B).
Debt to Equity History and Analysis
Debt Level: PARA's net debt to equity ratio (50.3%) is considered high.
Reducing Debt: PARA's debt to equity ratio has reduced from 346.7% to 67.5% over the past 5 years.
Debt Coverage: PARA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PARA's interest payments on its debt are well covered by EBIT (3.4x coverage).
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What is Paramount Global current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PARA's dividend (4.76%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: PARA's dividend (4.76%) is in the top 25% of dividend payers in the US market (4.57%)
Stability and Growth of Payments
Stable Dividend: PARA's dividends per share have been stable in the past 10 years.
Growing Dividend: PARA's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.6%), PARA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PARA is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Bakish (58 yo)
Mr. Robrt Marc Bakish, also known as Bob, has been President, Chief Executive Officer and Director of Paramount Global (formerly known as ViacomCBS Inc.) since December 4, 2019. Mr. Bakish served as the Ch...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD20.04M) is above average for companies of similar size in the US market ($USD13.05M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
Experienced Management: PARA's management team is considered experienced (2.8 years average tenure).
Experienced Board: PARA's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|17 May 22||BuyUS$20,935,233||National Amusements, Inc.||Company||646,764||US$32.37|
|18 Feb 22||BuyUS$2,994,132||Shari Redstone||Individual||104,650||US$29.09|
|08 Nov 21||BuyUS$502,872||Robert Bakish||Individual||14,000||US$35.92|
|05 Nov 21||BuyUS$999,064||Shari Redstone||Individual||27,525||US$36.30|
|Owner Type||Number of Shares||Ownership Percentage|
|State or Government||415,288||0.06%|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Paramount Global's employee growth, exchange listings and data sources
- Name: Paramount Global
- Ticker: PARA
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Broadcasting
- Sector: Media
- Implied Market Cap: US$13.198b
- Shares outstanding: 649.13m
- Website: https://www.paramount.com
Number of Employees
- Paramount Global
- 1515 Broadway
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PARA||NasdaqGS (Nasdaq Global Select)||Yes||Class B Common Stock||US||USD||Dec 2005|
|PARA.A||NasdaqGS (Nasdaq Global Select)||Class A Common Stock||US||USD||Dec 2005|
|0VVB||DB (Deutsche Boerse AG)||Yes||Class B Common Stock||DE||EUR||Dec 2005|
|0VV||DB (Deutsche Boerse AG)||Class A Common Stock||DE||EUR||Dec 2005|
|PARA *||BMV (Bolsa Mexicana de Valores)||Yes||Class B Common Stock||MX||MXN||Dec 2005|
|PARA||WBAG (Wiener Boerse AG)||Yes||Class B Common Stock||AT||EUR||Dec 2005|
|PARA||BVL (Bolsa de Valores de Lima)||Yes||Class B Common Stock||PE||USD||Dec 2005|
|C1BS34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM USD0.0||BR||BRL||Dec 2019|
|VCX||DB (Deutsche Boerse AG)||5.75% CONV PFD A||DE||EUR||Mar 2021|
|PARA.P||NasdaqGS (Nasdaq Global Select)||5.75% CONV PFD A||US||USD||Mar 2021|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/25 00:00|
|End of Day Share Price||2022/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.