In the last trading session, 6.13 million Paramount Global (NASDAQ:PARA) shares changed hands as the company’s beta touched 1.21. With the company’s per share price at $12.17 changed hands at $0.17 or 1.42% during last session, the market valuation stood at $8.64B. PARA’s last price was a discount, traded about -3.04% off its 52-week high of $12.54. The share price had its 52-week low at $9.54, which suggests the last value was 21.61% up since then.
Analysts gave the Paramount Global (PARA) stock a consensus recommendation rating of Sell, calculated at a mean rating of 3.48. If we narrow down to specifics, the data shows that 6 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended PARA as a Hold, 5 felt it is a Buy and 1 rated the stock as Underweight.
Paramount Global (NASDAQ:PARA) trade information
Instantly PARA was in green as seen at the end of in last trading. With action 1.33%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.35%, with the 5-day performance at 1.33% in the green. However, in the 30-day time frame, Paramount Global (NASDAQ:PARA) is 1.93% up.
The consensus price target for the stock as assigned by Wall Street analysts is 11.5, meaning bulls need a downside of -5.83% from its current market value. According to analyst projections, PARA’s forecast low is 11 with 12 as the target high. To hit the forecast high, the stock’s price needs a 1.4% surge from its current level, while the stock would need to tank 9.61% for it to hit the projected low.
PARA Dividends
Paramount Global is expected to release its next quarterly earnings report in July. The 1.64% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 1.64% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Paramount Global (NASDAQ:PARA)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.7021% or 58.04 million shares worth $603.07 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were SELECT SECTOR SPDR TRT-The Communication Services Select Sector SPDR F and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 27.14 shares estimated at $330.31 million under it, the former controlled 4.28% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.72% of the shares, roughly 17.23 shares worth around $209.7 million.
