CuriosityStream Inc. (NASDAQ:CURI) Receives Consensus Rating of "Buy" from Brokerages

Key Points

• Analysts maintain a “Buy” consensus on CuriosityStream, with two buy and two strong-buy ratings among five analysts. The average 12-month price target is $5.50.
• CuriosityStream reported quarterly EPS of $0.15, exceeding the $0.04 consensus estimate, while revenue of $23.25 million also topped expectations of $21.32 million.
• The company announced a quarterly dividend of $0.085, equivalent to $0.34 annually and a 12.3% yield, although its stated payout ratio is exceptionally high at 3,400%.

Shares of CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) have earned a consensus recommendation of "Buy" from the five analysts that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $5.50.

Several research firms have recently commented on CURI. Barrington Research lowered their target price on shares of CuriosityStream from $5.50 to $5.00 and set an "outperform" rating on the stock in a report on Friday, May 15th. Wall Street Zen raised shares of CuriosityStream from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Zacks Research upgraded shares of CuriosityStream from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 13th. Singular Research upgraded shares of CuriosityStream to a "strong-buy" rating in a research note on Monday, June 1st. Finally, Weiss Ratings raised shares of CuriosityStream from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, August 14th.

CuriosityStream Stock Performance

NASDAQ:CURI opened at $2.76 on Monday. The stock has a 50-day moving average price of $2.68 and a 200 day moving average price of $2.97. The stock has a market capitalization of $163.78 million, a P/E ratio of 276.00 and a beta of 1.77. CuriosityStream has a 12-month low of $2.30 and a 12-month high of $5.51.

CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.11. CuriosityStream had a return on equity of 0.06% and a net margin of 0.03%.The company had revenue of $23.25 million for the quarter, compared to analysts' expectations of $21.32 million. On average, research analysts predict that CuriosityStream will post 0.2 earnings per share for the current fiscal year.

CuriosityStream Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be given a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 12.3%. The ex-dividend date is Friday, September 4th. CuriosityStream's payout ratio is currently 3,400.00%.

Insider Activity at CuriosityStream

In other CuriosityStream news, CFO Phillip Brady Hayden sold 30,400 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $2.56, for a total transaction of $77,824.00. Following the completion of the transaction, the chief financial officer owned 71,267 shares in the company, valued at $182,443.52. This trade represents a 29.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Clinton Larry Stinchcomb acquired 94,256 shares of CuriosityStream stock in a transaction on Wednesday, May 27th. The stock was purchased at an average cost of $2.74 per share, for a total transaction of $258,261.44. Following the purchase, the chief executive officer owned 2,945,516 shares in the company, valued at approximately $8,070,713.84. The trade was a 3.31% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 31.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CuriosityStream

Several institutional investors have recently bought and sold shares of CURI. Schonfeld Strategic Advisors LLC grew its position in CuriosityStream by 30.8% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company's stock worth $50,000 after acquiring an additional 3,115 shares in the last quarter. MetLife Investment Management LLC increased its stake in CuriosityStream by 17.7% during the fourth quarter. MetLife Investment Management LLC now owns 24,630 shares of the company's stock worth $94,000 after acquiring an additional 3,704 shares during the last quarter. R Squared Ltd raised its position in CuriosityStream by 36.1% during the fourth quarter. R Squared Ltd now owns 20,245 shares of the company's stock valued at $77,000 after purchasing an additional 5,365 shares during the period. Invesco Ltd. raised its position in CuriosityStream by 31.9% during the fourth quarter. Invesco Ltd. now owns 27,799 shares of the company's stock valued at $106,000 after purchasing an additional 6,728 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of CuriosityStream by 36.6% in the 3rd quarter. Bank of America Corp DE now owns 26,920 shares of the company's stock valued at $143,000 after purchasing an additional 7,206 shares during the last quarter. Institutional investors own 6.79% of the company's stock.

CuriosityStream Company Profile

CuriosityStream, Inc NASDAQ: CURI is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company's library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.

Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.

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