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

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

CURI has been the subject of a number of recent analyst reports. Weiss Ratings upgraded CuriosityStream from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, March 13th. Barrington Research lowered their target price on CuriosityStream from $6.00 to $5.50 and set an “outperform” rating on the stock in a research note on Thursday, March 12th. Finally, Zacks Research raised shares of CuriosityStream from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th.

Insiders Place Their Bets

In other CuriosityStream news, CFO Phillip Brady Hayden sold 17,474 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $3.76, for a total value of $65,702.24. Following the transaction, the chief financial officer directly owned 101,667 shares in the company, valued at $382,267.92. The trade was a 14.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 52.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CuriosityStream

A number of hedge funds have recently modified their holdings of CURI. Vanguard Group Inc. lifted its position in shares of CuriosityStream by 16.1% during the third quarter. Vanguard Group Inc. now owns 1,978,190 shares of the company’s stock worth $10,484,000 after acquiring an additional 274,233 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of CuriosityStream by 31.0% in the fourth quarter. Renaissance Technologies LLC now owns 1,359,900 shares of the company’s stock valued at $5,168,000 after purchasing an additional 321,700 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of CuriosityStream by 15.5% during the 4th quarter. Geode Capital Management LLC now owns 865,056 shares of the company’s stock valued at $3,288,000 after purchasing an additional 116,005 shares during the period. State Street Corp raised its stake in shares of CuriosityStream by 8.0% during the 4th quarter. State Street Corp now owns 714,082 shares of the company’s stock valued at $2,714,000 after purchasing an additional 52,923 shares during the period. Finally, Millennium Management LLC lifted its holdings in CuriosityStream by 234.5% during the 4th quarter. Millennium Management LLC now owns 688,041 shares of the company’s stock worth $2,615,000 after purchasing an additional 482,360 shares in the last quarter. Institutional investors own 6.79% of the company’s stock.

CuriosityStream Stock Down 1.9%

CuriosityStream stock opened at $3.09 on Friday. CuriosityStream has a 52 week low of $2.30 and a 52 week high of $7.15. The company’s 50 day moving average price is $3.36 and its two-hundred day moving average price is $4.07. The stock has a market cap of $182.23 million, a P/E ratio of -30.90 and a beta of 1.85.

CuriosityStream (NASDAQ:CURI) last released its earnings results on Wednesday, March 11th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The business had revenue of $19.20 million during the quarter, compared to the consensus estimate of $18.91 million. CuriosityStream had a negative net margin of 8.97% and a negative return on equity of 13.07%. On average, equities analysts anticipate that CuriosityStream will post -0.2 EPS for the current year.

CuriosityStream Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were given a $0.08 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.32 annualized dividend and a yield of 10.4%. CuriosityStream’s payout ratio 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.