Paramount Global stock hits 52-week low at $18.96

Paramount Global Class A stock recently reached $18.96, with InvestingPro analysis indicating the stock is currently trading below its Fair Value. The company maintains strong liquidity with a current ratio of 1.29, and has sustained dividend payments for 20 consecutive years. This milestone marks a notable point for the media conglomerate, reflecting a challenging period in the market. Despite this dip, the stock has shown resilience with a 2.61% total return over the past year and a 4.9% YTD return. As investors monitor the company’s performance, analysts project profitability for the coming year, with an EPS forecast of $1.25. Get deeper insights and access to 6 additional exclusive ProTips by visiting InvestingPro.

In other recent news, Paramount Global has been involved in a $16 million settlement related to a lawsuit concerning a televised interview with former Vice President Kamala Harris. Former President Donald Trump announced the settlement, noting that Paramount, along with CBS and 60 Minutes, was part of the agreement. Additionally, Paramount Global’s shareholders approved the entire director slate and two company-sponsored proposals during the 2025 Annual Meeting of Stockholders. All nominated directors received majority approval, with votes in favor ranging from approximately 32.6 million to 33.4 million.

In another development, Paramount Global has amended the terms of its existing credit agreement. The amendment involves an increase in the cap on unrestricted cash and cash equivalents that can be netted against consolidated indebtedness, raising it from $1.5 billion to $3.0 billion. This change was agreed upon with several lending banks, with JPMorgan Chase (NYSE:JPM) Bank, N.A. acting as the administrative agent. These recent developments reflect Paramount’s ongoing financial and strategic maneuvers in the market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.