Paramount Skydance (NASDAQ:PSKY) Shares Set to Split on Monday, October 5th

Posted by Brenda Bartman on Oct 1st, 2026

Shares of Paramount Skydance Corporation (NASDAQ:PSKY – Free Report) are set to split before the market opens on Monday, October 5th. The 2-1 split was recently announced. The newly minted shares will be payable to shareholders after the closing bell on Sunday, October 4th.

Paramount Skydance Price Performance

PSKY opened at $10.33 on Thursday. The company’s 50 day simple moving average is $9.91 and its 200 day simple moving average is $10.04. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.88 and a current ratio of 1.04. Paramount Skydance has a 1 year low of $7.62 and a 1 year high of $19.45. The stock has a market capitalization of $11.59 billion, a PE ratio of 35.62, a P/E/G ratio of 1.06 and a beta of 1.50.

Paramount Skydance (NASDAQ:PSKY – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. Paramount Skydance had a negative net margin of 2.13% and a positive return on equity of 4.11%. The firm had revenue of $6.91 billion during the quarter. As a group, sell-side analysts expect that Paramount Skydance will post 0.5 EPS for the current year.

Paramount Skydance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.9%. Paramount Skydance’s payout ratio is currently 68.97%.

Key Stories Impacting Paramount Skydance

Here are the key news stories impacting Paramount Skydance this week:

Positive Sentiment: A U.S. judge approved a settlement with state attorneys general, removing a major legal obstacle and allowing Paramount to proceed toward closing its approximately $81 billion acquisition of Warner Bros. Discovery. The companies also announced an anticipated closing date, improving deal certainty. U.S. judge allows Paramount to close Warner Bros acquisition
Positive Sentiment: Paramount Chairman and CEO David Ellison named Ynon Kreiz, the former Mattel chief executive, as co-CEO of the combined company. Kreiz is expected to oversee day-to-day operations and integration, while Ellison will focus on strategy, creative operations and technology. The appointment may reassure investors about the merger’s operating leadership. Paramount announces Ynon Kreiz as co-CEO
Neutral Sentiment: The merger is expected to create a much larger media company capable of competing with Netflix and YouTube. However, realizing those benefits will depend on successfully integrating the businesses, improving streaming economics and generating cost and revenue synergies.
Negative Sentiment: Paramount is relying on a very large debt package and bond offering to fund the Warner Bros. Discovery transaction. The financing increases leverage and interest expense, while recent debt-market activity and credit concerns highlight balance-sheet risk. Paramount launches debt sale for Warner Bros. deal
Negative Sentiment: Paramount’s streaming chief Cindy Holland is leaving ahead of the merger, with HBO executive Casey Bloys expected to lead the combined streaming business. The leadership change could support integration, but it also adds execution uncertainty during a sensitive transition. Paramount streaming chief exits ahead of merger

Analysts Set New Price Targets

Several research analysts recently weighed in on PSKY shares. Weiss Ratings raised Paramount Skydance from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. Barclays started coverage on Paramount Skydance in a research note on Thursday, September 17th. They set an “underweight” rating and a $8.00 price target for the company. Benchmark reduced their price objective on Paramount Skydance from $19.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, August 5th. Arete Research reiterated a “sell” rating and set a $2.00 target price on shares of Paramount Skydance in a report on Thursday, July 9th. Finally, UBS Group dropped their target price on shares of Paramount Skydance from $10.00 to $8.00 and set a “sell” rating for the company in a research report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and nine have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $11.17.

View Our Latest Analysis on PSKY

Hedge Funds Weigh In On Paramount Skydance

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Huntington National Bank grew its position in Paramount Skydance by 108.2% in the fourth quarter. Huntington National Bank now owns 2,259 shares of the company’s stock valued at $30,000 after acquiring an additional 1,174 shares in the last quarter. Compass Financial Management LLC purchased a new stake in shares of Paramount Skydance during the second quarter valued at approximately $42,000. Global Retirement Partners LLC lifted its position in shares of Paramount Skydance by 357.5% during the fourth quarter. Global Retirement Partners LLC now owns 4,479 shares of the company’s stock worth $60,000 after purchasing an additional 3,500 shares in the last quarter. CX Institutional lifted its position in shares of Paramount Skydance by 38.1% during the second quarter. CX Institutional now owns 4,612 shares of the company’s stock worth $45,000 after purchasing an additional 1,273 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in shares of Paramount Skydance in the fourth quarter valued at $65,000. 73.00% of the stock is owned by institutional investors and hedge funds.

About Paramount Skydance

(Get Free Report)

Paramount Skydance Corporation (NASDAQ: PSKY) is a global media and entertainment company formed through the 2025 combination of Paramount Global and Skydance Media. The company develops, produces, and distributes feature films, television programming, live news, sports, and other entertainment content for audiences worldwide.

Its portfolio includes Paramount Pictures, CBS, Paramount+, Pluto TV, and a range of cable and international television networks. The company’s content and brands include film franchises, scripted and unscripted television programs, news and sports broadcasts, streaming video, and ad-supported digital entertainment.

Paramount Skydance serves viewers in the United States and international markets through theatrical releases, broadcast television, pay television, streaming platforms, digital services, and licensing arrangements.