CuriosityStream Inc. (NASDAQ:CURI) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of CuriosityStream Inc. (NASDAQ:CURI) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $6.1667.

Several brokerages have recently weighed in on CURI. Weiss Ratings upgraded shares of CuriosityStream from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 13th. Barrington Research decreased their price objective on shares of CuriosityStream from $6.00 to $5.50 and set an “outperform” rating for the company in a research note on Thursday, March 12th. Finally, Zacks Research raised CuriosityStream from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th.

Institutional Investors Weigh In On CuriosityStream

A number of large investors have recently bought and sold shares of CURI. Quarry LP acquired a new position in shares of CuriosityStream in the third quarter valued at approximately $45,000. State of Alaska Department of Revenue purchased a new stake in shares of CuriosityStream during the 4th quarter valued at $35,000. Schonfeld Strategic Advisors LLC acquired a new position in CuriosityStream during the third quarter valued at approximately $54,000. Diversified Trust Co purchased a new stake in CuriosityStream during the third quarter worth approximately $56,000. Finally, Mangrove Partners IM LLC acquired a new stake in shares of CuriosityStream in the fourth quarter worth $42,000. Institutional investors and hedge funds own 6.79% of the company’s stock.

CuriosityStream Stock Performance

NASDAQ:CURI opened at $3.45 on Tuesday. The stock has a market capitalization of $203.15 million, a P/E ratio of -34.41 and a beta of 1.93. CuriosityStream has a fifty-two week low of $2.81 and a fifty-two week high of $7.15. The company has a 50 day moving average price of $3.22 and a 200 day moving average price of $3.84.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings data on Wednesday, March 11th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). CuriosityStream had a negative net margin of 8.97% and a negative return on equity of 13.07%. The firm had revenue of $19.20 million during the quarter, compared to analyst estimates of $18.91 million. Research analysts forecast that CuriosityStream will post 0.04 earnings per share for the current fiscal year.

CuriosityStream Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were given a $0.08 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 9.3%. CuriosityStream’s dividend payout ratio (DPR) is currently -320.00%.

About CuriosityStream

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.