Is Paramount a good stock to buy?
Is PARA a Buy, Sell or Hold? Paramount Global Class B has a consensus rating of Moderate Sell which is based on 2 buy ratings, 5 hold ratings and 9 sell ratings.
Is Paramount Global stock a Buy, Sell or Hold? Paramount Global stock has received a consensus rating of sell. The average rating score is and is based on 28 buy ratings, 13 hold ratings, and 33 sell ratings.
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Paramount Global stock have an average target of 13.09, with a low estimate of 9.00 and a high estimate of 20. The average target predicts an increase of 22.11% from the current stock price of 10.72.
Warren Buffett Has Sold His Paramount Stock: “We Sold it All, and We Lost Quite a Bit of Money”
Paramount Resources Ltd is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. From those 8 analysts, 5 have buy ratings and 3 analysts gave hold ratings.
Paramount+ on its own costs just $6 a month but offers limited benefits. We recommend a Paramount+ with Showtime subscription for $12 per month, because it has access to live and local CBS affiliate programming, ad-free viewing, all Showtime programming, and the ability to download content for offline viewing.
Paramount is on the market because of sagging returns from broadcast and streaming, even as it struggles to service nearly $15 billion in long-term debt.
Paramount Global Dividend Information
Paramount Global has an annual dividend of $0.20 per share, with a forward yield of 1.75%. The dividend is paid every three months and the last ex-dividend date was Jun 17, 2024.
Paramount would merge with production company Skydance under new deal. The media company behind Tom Cruise's recent films would control the legacy media titan that owns CBS, MTV and Paramount Plus if the agreement gains approval.
| Average Price Target | Highest Price Target | Upside to Average Price Target |
|---|---|---|
| $12.67 | $19.00 | 18.19% |
Is Paramount a buyout target?
Paramount has long been viewed as a potential acquisition target due to its small size relative to competitors. The company boasts a current market cap of just about $10 billion, compared to Disney's (DIS) $200 billion and Netflix's (NFLX) roughly $240 billion.
The ownership structure of Paramount Global (PARAA) stock is a mix of institutional, retail and individual investors. Approximately 21.49% of the company's stock is owned by Institutional Investors, 14.09% is owned by Insiders and 64.42% is owned by Public Companies and Individual Investors.
Warren Buffett May Have Lost $1.5 Billion on Paramount Investment - Business Insider.
Paramount Global Class B has a consensus rating of Moderate Sell which is based on 2 buy ratings, 6 hold ratings and 9 sell ratings. Paramount Global Class B's analyst rating consensus is a Moderate Sell. This is based on the ratings of 17 Wall Streets Analysts.
Total debt on the balance sheet as of March 2024 : $15.80 B
According to Paramount Global's latest financial reports the company's total debt is $15.80 B. A company's total debt is the sum of all current and non-current debts.
Paramount (no. 134 on the Fortune 500) announced on Monday that Bob Bakish, president and CEO, would be stepping down as CEO and from the board of directors, effective immediately.
Paramount 's film studio division, home of the Mission Impossible and Top Gun franchises, reported $647 million in revenue, down 31 percent from a year-earlier $936 million, due to sharply lower licensing revenue.
Paramount+ has lots of local content and sports content, as well as a huge list of Paramount+ originals, and archived shows from CBS and Paramount Global, for a total of more than 30,000 titles included in your subscription. Amazon Prime Video has no local channels or content, and it has a smaller sampling of sports.
Paramount+ Compared to Other Streaming Services
Paramount+ is unique in its offering of nearly every CBS show, making it a go-to for fans of series like NCIS, The Neighborhood, and Frasier. Showtime's inclusion means access to decades of original series and a substantial rotating library of films.
By my very rough estimates, it could be something in the $1.5 billion range. The math: In 2022, Berkshire accumulated 91 million shares of Paramount B shares; Barron's estimates he paid "more than $30" per share. That's a $2.7 billion investment.
What is happening with Paramount?
After multiple reports swirled early Monday, Paramount announced that CEO Bob Bakish is leaving the company. This comes after David Ellison's Skydance, which has been in negotiations to take over the entertainment giant, made its “best and final offer” Sunday.
Compared to the current market price of 10.39 USD, Paramount Global is Undervalued by 62%. Paramount Global's market capitalization is 6.8B USD. PARA stock price is 10.39 USD. PARA stock price (10.39 USD) is 62% less than its Intrinsic Value (27.07 USD).
On average, Wall Street analysts predict that Paramount Global's share price could reach $12.50 by Jun 25, 2025. The average Paramount Global stock price prediction forecasts a potential upside of 20.31% from the current PARA share price of $10.39.
Paramount Global's latest ex-dividend date was on June 17, 2024 . The PARA stock shareholders received the last dividend payment of $0.05 per share on July 1, 2024 . Paramount Global's next dividend payment will be on July 1, 2024 .
Companies typically pay dividends quarterly. A company that pays a $0.25 quarterly dividend has a $1 annual dividend. Less common, some companies pay dividends monthly. Realty Income (O) is the most well-known company on this schedule.
