CuriosityStream Inc. (NASDAQ:CURI) Given Average Recommendation of “Moderate Buy” by Analysts

CuriosityStream Inc. (NASDAQ:CURI) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $6.00.

A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of CuriosityStream in a report on Tuesday, June 9th. Singular Research raised CuriosityStream to a “strong-buy” rating in a research report on Monday, June 1st. Finally, Barrington Research dropped their target price on CuriosityStream from $5.50 to $5.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th.

Insider Transactions at CuriosityStream

In other news, CEO Clinton Larry Stinchcomb bought 94,256 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were acquired at an average cost of $2.74 per share, with a total value of $258,261.44. Following the completion of the transaction, the chief executive officer owned 2,945,516 shares of the company’s stock, valued at approximately $8,070,713.84. This trade represents a 3.31% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 31.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP purchased a new position in shares of CuriosityStream during the 3rd quarter valued at about $45,000. State of Alaska Department of Revenue bought a new stake in CuriosityStream in the 4th quarter worth approximately $35,000. Schonfeld Strategic Advisors LLC bought a new stake in CuriosityStream in the 3rd quarter worth approximately $54,000. Mangrove Partners IM LLC bought a new stake in CuriosityStream in the 4th quarter worth approximately $42,000. Finally, The Manufacturers Life Insurance Company bought a new stake in CuriosityStream in the 2nd quarter worth approximately $64,000. 6.79% of the stock is owned by hedge funds and other institutional investors.

CuriosityStream Stock Performance

CURI stock opened at $2.54 on Wednesday. The stock has a market cap of $149.78 million, a price-to-earnings ratio of -19.54 and a beta of 1.76. CuriosityStream has a 1-year low of $2.30 and a 1-year high of $5.88. The company’s 50 day moving average is $3.03 and its 200 day moving average is $3.44.

CuriosityStream (NASDAQ:CURI) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.02) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.02). The firm had revenue of $15.16 million during the quarter, compared to analyst estimates of $16.79 million. CuriosityStream had a negative return on equity of 18.46% and a negative net margin of 11.26%. As a group, sell-side analysts forecast that CuriosityStream will post 0.07 EPS for the current fiscal year.

CuriosityStream Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, June 5th will be given a $0.085 dividend. The ex-dividend date of this dividend is Friday, June 5th. This is a positive change from CuriosityStream’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 13.4%. CuriosityStream’s payout ratio is -261.54%.

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.