Seaport Res Ptn Cuts Earnings Estimates for Paramount Global

Paramount Global (NASDAQ:PARAA) – Seaport Res Ptn reduced their Q1 2025 EPS estimates for Paramount Global in a note issued to investors on Tuesday, March 4th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of $0.39 per share for the quarter, down from their previous estimate of $0.78. 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 2025 earnings at $0.66 EPS, Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $0.47 EPS and Q1 2026 earnings at $0.40 EPS.

Paramount Global (NASDAQ:PARAA) last released its quarterly earnings results on Wednesday, February 26th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.27). Paramount Global had a positive return on equity of 5.81% and a negative net margin of 18.89%. The firm had revenue of $7.98 billion during the quarter, compared to analysts’ expectations of $8.07 billion.

Paramount Global Price Performance

Shares of PARAA opened at $22.72 on Friday. The company’s fifty day moving average price is $22.60 and its 200-day moving average price is $22.39. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.27 and a quick ratio of 1.10. Paramount Global has a 1-year low of $16.59 and a 1-year high of $26.34. The firm has a market capitalization of $15.15 billion, a PE ratio of -2.76 and a beta of 1.57.

Institutional Investors Weigh In On Paramount Global

A number of hedge funds and other institutional investors have recently modified their holdings of the company. State of Wyoming grew its position in shares of Paramount Global by 97.9% in the 4th quarter. State of Wyoming now owns 4,788 shares of the company’s stock valued at $107,000 after buying an additional 2,369 shares during the last quarter. Millennium Management LLC grew its position in shares of Paramount Global by 41.2% in the 4th quarter. Millennium Management LLC now owns 230,283 shares of the company’s stock valued at $5,135,000 after buying an additional 67,177 shares during the last quarter. AQR Arbitrage LLC purchased a new position in shares of Paramount Global in the 4th quarter valued at $1,335,000. Northern Trust Corp grew its position in shares of Paramount Global by 98.1% in the 4th quarter. Northern Trust Corp now owns 35,264 shares of the company’s stock valued at $786,000 after buying an additional 17,461 shares during the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. grew its position in shares of 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 valued at $2,792,000 after buying an additional 115,200 shares during the last quarter. 5.98% of the stock is currently owned by institutional investors and hedge funds.

Paramount Global Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 17th will be issued a $0.05 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.88%. Paramount Global’s payout ratio is -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.