viacom stock price

by Mrs. Mireille Reynolds PhD Published 3 years ago Updated 2 years ago

Is Viacom an undervalued dividend stock?

The sharp decline in the stock price in late March has pushed the company into undervalued territory, according to many analysts. On May 10, Barrington Research upgraded ViacomCBS, citing favorable valuation. It assigned a price target of $50, which implies upside of more than 25% from the current market price.

Why is Viacom stock down?

ViacomCBS stock (NASDAQ: VIAC) has lost almost half of its value in just the last three months as the stock dropped from $80 to $42 currently. The market had been over enthusiastic about the stock since the beginning of 2021 due to its effort of transforming to a streaming giant from a traditional cable media company.

Why did Viacom stock fall?

The stock price slumped 23% last Wednesday after ViacomCBS announced pricing of its $3 billion stock sale in part to fund investment in streaming content, a move that would dilute the equity of...

Should Viacom sell Paramount?

There is a school of thought that one way to stop things from getting worse is for Viacom is to sell off Paramount Pictures, perhaps to the Asian market, as according to Wall Street figures it has...

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Why is ViacomCBS stock dropping?

ViacomCBS' (Nasdaq:VIAC) stock dropped more than 20% Wednesday after the company said it would rebrand as Paramount and reorient itself further around streaming.

Is Viacom a buy now?

CNBC's Jim Cramer said Wednesday he believes ViacomCBS is an attractive investment right now, citing the media company's dividend payment and improving fundamentals. The stock has jumped in recent weeks, and is up nearly 16% year to date, the “Mad Money” host acknowledged.

What is ViacomCBS new stock symbol?

PARATo put a bow on it all, ViacomCBS will be renamed Paramount Global—after the company's more-than-century-old Hollywood film studio—and its stock ticker will change to “PARA” on Thursday.

Is VIAC now PARA?

(RTTNews) - ViacomCBS (VIAC, VIACA) said Tuesday that it has changed its name to Paramount Global, effective February 16, bringing together its portfolio of premium entertainment properties under a new parent company name.

Will Viacom stock go back up?

ViacomCBS (NASDAQ:VIAC) shareholders have had an almost indescribable 2021. VIAC stock started off the year with a surge that saw shares shoot up in value 174% by mid-March.

Is Viacom stock undervalued?

It's poised to capitalize on streaming trends and is trading well below what we think it's worth. In a sector where undervalued opportunities are few and far between, ViacomCBS (VIAC) stands out, trading 30% below our $61 fair value estimate.

Is CBS now ViacomCBS?

ABOUT VIACOMCBS Driven by iconic studios, networks and streaming services, its portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others.

Is ViacomCBS now called Paramount?

ViacomCBS has renamed itself Paramount in a nod to the company's historic moviemaking past — and its streaming future. Chairwoman Shari Redstone announced the name change this week during a virtual investor day to share the company's strategy and upcoming programming.

What is Viacom's new name?

ViacomCBS announced Tuesday that the company will become known as Paramount. "Effective February 16, we'll be bringing together our leading portfolio of premium entertainment properties under a new parent company name," the company said.

Should I buy PARA stock?

Out of 15 analysts, 3 (20%) are recommending PARA as a Strong Buy, 2 (13.33%) are recommending PARA as a Buy, 7 (46.67%) are recommending PARA as a Hold, 1 (6.67%) are recommending PARA as a Sell, and 2 (13.33%) are recommending PARA as a Strong Sell.

What is class A vs Class B stock?

When more than one class of stock is offered, companies traditionally designate them as Class A and Class B, with Class A carrying more voting rights than Class B shares. Class A shares may offer 10 voting rights per stock held, while class B shares offer only one.

Who owns Paramount plus stock?

Shares of Paramount Global jumped Tuesday after Warren Buffett's Berkshire Hathaway revealed a new stake in the media company. Berkshire bought 68.9 million shares of Paramount to build a stake worth $2.6 billion as of the end of March, according to a regulatory filing released Monday.

How has ViacomCBS's stock performed in 2022?

ViacomCBS's stock was trading at $33.37 at the start of the year. Since then, VIACA stock has decreased by 7.9% and is now trading at $30.75. View...

How were ViacomCBS's earnings last quarter?

ViacomCBS Inc. (NASDAQ:VIACA) released its earnings results on Monday, February, 14th. The company reported $0.26 earnings per share for the quarte...

How often does ViacomCBS pay dividends? What is the dividend yield for ViacomCBS?

ViacomCBS announced a quarterly dividend on Thursday, February 10th. Shareholders of record on Tuesday, March 15th will be given a dividend of $0.2...

Is ViacomCBS a good dividend stock?

ViacomCBS(NASDAQ:VIACA) pays an annual dividend of $0.96 per share and currently has a dividend yield of 2.92%. The dividend payout ratio of Viacom...

Who are ViacomCBS's key executives?

ViacomCBS's management team includes the following people: Robert Marc Bakish , President, Chief Executive Officer & Director Naveen Chopra , Ch...

Who are some of ViacomCBS's key competitors?

Some companies that are related to ViacomCBS include Paramount Global (PARAA) , Paramount Global (PARA) , FOX (FOXA) , FOX (FOX) , Formula One...

What is ViacomCBS's stock symbol?

ViacomCBS trades on the NASDAQ under the ticker symbol "VIACA."

Who are ViacomCBS's major shareholders?

ViacomCBS's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include PEAK6 Investments LLC (0.00%)...

Which institutional investors are selling ViacomCBS stock?

VIACA stock was sold by a variety of institutional investors in the last quarter, including PEAK6 Investments LLC.

What is Viacom CBS?

When did Viacom CBS change its name?

ViacomCBS Inc. operates as a media and entertainment company worldwide. The company operates through TV Entertainment, Cable Networks, and Filmed Entertainment segments. The TV Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; acquires or develops, ...

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Viacom18 appoints Anil Jayaraj as CEO, Sports

Viacom18 will provide comprehensive coverage of the NBA’s regular season and marquee events in English and Hindi on Vh1, MTV, VOOT and Jio TV.

Viacom18 takes big bet, to stream Bigg Boss on Voot before TV premiere

Jayaraj has joined Viacom18 from Star Sports, where he was executive vice president responsible for ad sales, global syndication and cross screen offer design and measurement.

Bigg Boss OTT release: Viacom18 to launch Season 15 on Voot first

The move marks a significant shift in the OTT space in India, but the key to its success lies in being able to generate more revenue.

MTV launches Dropout Pvt. Ltd, to create a startup on live TV

After the reality television show's digital exclusive concludes on Voot, it will move onto the Viacom18's TV channel Colors with the launch of Bigg Boss Season 15.

Viacom18 launches Kannada entertainment channel 'Colors Super'

The television show aims at recruiting dropouts from jobs or colleges and recruit them for an ideal startup team.

Storyboard: Viacom18 speaks about trends & dealing with youth

With an aim to further strengthen its leadership position in the Kannada market, media firm Viacom18 has launched a new general entertainment channel (GEC) 'Colors Super'

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