Seaport Res Ptn Downgrades Paramount Global (NASDAQ:PARAA) to Strong Sell

Seaport Res Ptn downgraded shares of Paramount Global (NASDAQ:PARAA) from a hold rating to a strong sell rating in a research report sent to investors on Monday,Zacks.com reports. Seaport Res Ptn also issued estimates for Paramount Global’s Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $1.25 EPS, Q2 2026 earnings at $0.57 EPS, Q3 2026 earnings at $0.40 EPS, Q4 2026 earnings at $0.10 EPS and FY2026 earnings at $1.45 EPS.

Paramount Global Stock Performance

NASDAQ PARAA opened at $23.26 on Monday. The company has a 50-day simple moving average of $22.83 and a two-hundred day simple moving average of $22.70. The company has a quick ratio of 1.18, a current ratio of 1.29 and a debt-to-equity ratio of 0.84. Paramount Global has a 12-month low of $21.32 and a 12-month high of $24.50. The firm has a market cap of $15.68 billion, a price-to-earnings ratio of -2.83 and a beta of 1.29.

Paramount Global (NASDAQ:PARAA) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.10). Paramount Global had a negative net margin of 19.09% and a positive return on equity of 4.80%. The business had revenue of $7.19 billion for the quarter, compared to analysts’ expectations of $7.14 billion. On average, equities analysts forecast that Paramount Global will post 2.25 EPS for the current year.

Paramount Global Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 16th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.20 annualized dividend and a yield of 0.86%. Paramount Global’s payout ratio is -2.43%.

Institutional Trading of Paramount Global

Several institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its stake in shares of Paramount Global by 11.6% in the fourth quarter. Geode Capital Management LLC now owns 275,630 shares of the company’s stock worth $6,147,000 after purchasing an additional 28,615 shares during the last quarter. Mariner LLC grew its stake in shares of Paramount Global by 10.0% in the fourth quarter. Mariner LLC now owns 15,657 shares of the company’s stock worth $349,000 after purchasing an additional 1,425 shares during the last quarter. Gabelli Funds LLC grew its stake in shares of Paramount Global by 1.4% in the fourth quarter. Gabelli Funds LLC now owns 1,833,583 shares of the company’s stock worth $40,889,000 after purchasing an additional 24,592 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Paramount Global by 0.9% in the fourth quarter. Gamco Investors INC. ET AL now owns 2,718,711 shares of the company’s stock worth $60,627,000 after purchasing an additional 25,444 shares during the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. grew its stake in shares of Paramount Global by 1,152.0% in the fourth 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 last quarter. 5.98% of the stock is currently owned by hedge funds and other institutional investors.

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.