CuriosityStream Inc. (NASDAQ:CURI) Receives $6.33 Consensus Target Price from Analysts

Shares of CuriosityStream Inc. (NASDAQ:CURI) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $6.3333.

Several analysts have issued reports on CURI shares. Barrington Research restated an “outperform” rating and issued a $6.00 price target on shares of CuriosityStream in a research report on Thursday, November 13th. Wall Street Zen raised CuriosityStream from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “sell (d+)” rating on shares of CuriosityStream in a research note on Monday, December 29th. Zacks Research downgraded CuriosityStream from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, Needham & Company LLC lifted their price objective on CuriosityStream from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Thursday, September 25th.

Insider Buying and Selling at CuriosityStream

In related news, Director Jonathan Huberman sold 14,116 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $5.00, for a total value of $70,580.00. Following the sale, the director owned 1,210,169 shares of the company’s stock, valued at $6,050,845. The trade was a 1.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Clinton Larry Stinchcomb sold 100,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $4.62, for a total transaction of $462,000.00. Following the completion of the transaction, the chief executive officer directly owned 2,417,998 shares of the company’s stock, valued at $11,171,150.76. This trade represents a 3.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 377,729 shares of company stock worth $1,767,506. Corporate insiders own 52.00% of the company’s stock.

Hedge Funds Weigh In On CuriosityStream

A number of hedge funds have recently modified their holdings of the stock. Police & Firemen s Retirement System of New Jersey acquired a new stake in CuriosityStream in the 2nd quarter valued at $41,000. Quarry LP bought a new position in shares of CuriosityStream during the third quarter valued at $45,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of CuriosityStream in the 3rd quarter valued at $54,000. Diversified Trust Co acquired a new stake in shares of CuriosityStream in the 3rd quarter valued at $56,000. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of CuriosityStream in the 3rd quarter worth about $64,000. 6.79% of the stock is owned by institutional investors and hedge funds.

CuriosityStream Stock Down 1.6%

CURI opened at $3.61 on Friday. The stock’s 50 day moving average price is $4.17 and its two-hundred day moving average price is $4.47. The firm has a market capitalization of $210.46 million, a P/E ratio of -40.11 and a beta of 1.78. CuriosityStream has a 12-month low of $1.81 and a 12-month high of $7.15.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.04). The business had revenue of $18.36 million for the quarter, compared to analyst estimates of $16.35 million. CuriosityStream had a negative return on equity of 10.24% and a negative net margin of 8.19%. As a group, analysts anticipate that CuriosityStream will post -0.2 earnings per share for the current year.

CuriosityStream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were paid a dividend of $0.08 per share. The ex-dividend date was Friday, December 5th. This represents a $0.32 dividend on an annualized basis and a yield of 8.9%. CuriosityStream’s payout ratio is currently -355.56%.

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.