Paramount Skydance (NASDAQ:PSKY – Get Free Report) issued its earnings results on Monday. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08, Zacks reports. The firm had revenue of $7.35 billion during the quarter. Paramount Skydance had a negative net margin of 2.08% and a positive return on equity of 4.44%. During the same quarter in the previous year, the business posted $0.22 earnings per share.
Paramount Skydance Stock Up 2.8%
PSKY stock traded up $0.30 during midday trading on Wednesday, reaching $10.96. The company had a trading volume of 2,612,377 shares, compared to its average volume of 11,510,673. Paramount Skydance has a 1 year low of $8.61 and a 1 year high of $20.86. The company has a current ratio of 1.26, a quick ratio of 1.12 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $12.18 billion, a P/E ratio of 17.39, a PEG ratio of 0.58 and a beta of 1.43. The company has a 50 day moving average of $10.51 and a two-hundred day moving average of $12.54.
Paramount Skydance Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.05 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.20 dividend on an annualized basis and a yield of 1.8%. Paramount Skydance’s dividend payout ratio is presently 31.75%.
Key Paramount Skydance News
- Positive Sentiment: Q1 beat on revenue and EPS, driven by streaming growth (Paramount+) and studios; company reported ~$7.35B revenue and EPS above estimates, which underpins the initial rally. PR: Q1 Results
- Positive Sentiment: Management highlights cost-cutting and streaming/subscription gains; Reuters and other coverage note pre‑tax profitability improvements that support margins going forward. Reuters: Cost Cutting
- Positive Sentiment: Company reaffirmed FY2026 revenue guidance (around $30B) and reiterated progress on the Warner Bros. Discovery merger, which could be viewed as strategic upside if completed. CNBC: Guidance & Merger
- Neutral Sentiment: CEO David Ellison sent an internal memo emphasizing tech adoption and execution, signaling management focus but not immediately market-moving. BI: CEO Memo
- Neutral Sentiment: Company plans to keep licensing some content to third parties and pursue a unified streaming platform by mid‑2026; strategic moves that may aid talent relations and long-term monetization but carry execution risk. Deadline: Licensing
- Negative Sentiment: Softer Q2 outlook and tougher comps: management signaled a weaker near-term revenue/subscriber trajectory (subscriber exits and tough comps), which triggered profit‑taking after the initial pop. Zacks: Soft Q2 Outlook
- Negative Sentiment: Analysts cut forecasts and price targets after the print — including a notable Wells Fargo downgrade and price‑target cuts that increase downside risk and likely pressured the stock. Benzinga: Analysts Slash Forecasts
- Negative Sentiment: Specific price‑target cuts: Wells Fargo lowered its target to $7 with an underweight rating; Guggenheim trimmed its target to $12 and moved to neutral — analyst moves that historically weigh on near‑term sentiment. Benzinga: PT Changes
Wall Street Analysts Forecast Growth
Several brokerages recently commented on PSKY. Guggenheim reduced their price target on shares of Paramount Skydance from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday. Zacks Research upgraded shares of Paramount Skydance from a “strong sell” rating to a “hold” rating in a research report on Friday, February 6th. Morgan Stanley upgraded shares of Paramount Skydance from an “underweight” rating to an “overweight” rating and upped their price target for the company from $11.00 to $14.00 in a research report on Thursday, April 30th. Weiss Ratings restated a “sell (d-)” rating on shares of Paramount Skydance in a research report on Friday, March 27th. Finally, Wells Fargo & Company reduced their price target on shares of Paramount Skydance from $8.00 to $7.00 and set an “underweight” rating for the company in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Paramount Skydance currently has a consensus rating of “Reduce” and a consensus price target of $12.77.
View Our Latest Research Report on Paramount Skydance
Institutional Investors Weigh In On Paramount Skydance
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp purchased a new stake in Paramount Skydance in the 3rd quarter worth approximately $524,371,000. Invesco Ltd. increased its stake in shares of Paramount Skydance by 1.0% during the 4th quarter. Invesco Ltd. now owns 15,406,791 shares of the company’s stock worth $206,451,000 after purchasing an additional 155,679 shares during the last quarter. Deutsche Bank AG increased its stake in shares of Paramount Skydance by 185.9% during the 4th quarter. Deutsche Bank AG now owns 5,573,970 shares of the company’s stock worth $74,691,000 after purchasing an additional 3,624,388 shares during the last quarter. Amundi acquired a new position in shares of Paramount Skydance during the 3rd quarter worth $80,539,000. Finally, Northern Trust Corp acquired a new position in shares of Paramount Skydance during the 3rd quarter worth $49,858,000. Hedge funds and other institutional investors own 73.00% of the company’s stock.
Paramount Skydance Company Profile
Paramount Skydance Media Group (Nasdaq: PSKY) is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.
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