CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) declared a special dividend on Friday, May 9th, RTT News reports. Investors of record on Friday, June 13th will be paid a dividend of 0.10 per share on Friday, June 27th.
CuriosityStream has a payout ratio of 1,066.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect CuriosityStream to earn ($0.03) per share next year, which means the company may not be able to cover its $0.32 annual dividend with an expected future payout ratio of -1,066.7%.
CuriosityStream Price Performance
Shares of CURI stock traded up $0.28 during midday trading on Wednesday, hitting $5.99. The company had a trading volume of 901,910 shares, compared to its average volume of 316,642. CuriosityStream has a 52-week low of $0.98 and a 52-week high of $6.25. The stock has a market cap of $345.18 million, a price-to-earnings ratio of -21.39 and a beta of 1.38. The company's 50 day simple moving average is $3.08 and its 200 day simple moving average is $2.40.
CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $15.09 million during the quarter, compared to the consensus estimate of $14.95 million. CuriosityStream had a negative net margin of 28.56% and a negative return on equity of 22.18%. Analysts anticipate that CuriosityStream will post -0.2 EPS for the current year.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. Needham & Company LLC increased their target price on shares of CuriosityStream from $2.95 to $4.80 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Barrington Research upgraded shares of CuriosityStream from a "market perform" rating to an "outperform" rating and set a $6.00 price objective on the stock in a report on Wednesday, May 7th.
Read Our Latest Analysis on CuriosityStream
About CuriosityStream
(
Get Free Report)
CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.
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