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

Shares of CuriosityStream Inc. (NASDAQ:CURIGet Free Report) have been assigned an average rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $6.00.

CURI has been the topic of several research reports. Barrington Research lowered their price objective on shares of CuriosityStream from $5.50 to $5.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Singular Research raised shares of CuriosityStream to a “strong-buy” rating in a report on Monday, June 1st. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of CuriosityStream in a research note on Tuesday, June 9th.

Check Out Our Latest Stock Report on CuriosityStream

CuriosityStream Trading Up 1.6%

Shares of NASDAQ CURI opened at $2.49 on Thursday. CuriosityStream has a twelve month low of $2.30 and a twelve month high of $5.51. The stock has a 50 day moving average of $2.67 and a two-hundred day moving average of $3.06. The stock has a market cap of $146.84 million, a P/E ratio of -19.15 and a beta of 1.74.

CuriosityStream (NASDAQ:CURIGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). The business had revenue of $15.16 million during the quarter, compared to the consensus estimate 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, research analysts predict that CuriosityStream will post 0.07 earnings per share for the current year.

CuriosityStream Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, June 5th were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $0.34 annualized dividend and a yield of 13.7%. This is a boost from CuriosityStream’s previous quarterly dividend of $0.08. CuriosityStream’s dividend payout ratio (DPR) is currently -261.54%.

Insiders Place Their Bets

In related news, CEO Clinton Larry Stinchcomb bought 94,256 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average price of $2.74 per share, with a total value of $258,261.44. Following the completion of the acquisition, the chief executive officer owned 2,945,516 shares in the company, valued at approximately $8,070,713.84. This trade represents a 3.31% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Patrick J. Keeley sold 31,559 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $2.70, for a total value of $85,209.30. Following the sale, the director owned 188,450 shares of the company’s stock, valued at $508,815. This trade represents a 14.34% decrease in their position. The SEC filing for this sale provides additional information. 31.10% of the stock is owned by insiders.

Hedge Funds Weigh In On CuriosityStream

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Penbrook Management LLC raised its position in CuriosityStream by 94.4% during the 1st quarter. Penbrook Management LLC now owns 675,150 shares of the company’s stock worth $1,998,000 after buying an additional 327,850 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of CuriosityStream by 30.1% in the first quarter. Renaissance Technologies LLC now owns 1,768,800 shares of the company’s stock valued at $5,236,000 after acquiring an additional 408,900 shares in the last quarter. Diversify Wealth Management LLC purchased a new stake in shares of CuriosityStream in the first quarter valued at about $53,000. R Squared Ltd increased its stake in shares of CuriosityStream by 119.7% during the first quarter. R Squared Ltd now owns 44,485 shares of the company’s stock worth $132,000 after acquiring an additional 24,240 shares during the period. Finally, Evernest Financial Advisors LLC increased its stake in shares of CuriosityStream by 6.4% during the fourth quarter. Evernest Financial Advisors LLC now owns 255,290 shares of the company’s stock worth $970,000 after acquiring an additional 15,262 shares during the period. 6.79% of the stock is currently owned by hedge funds and other institutional investors.

About CuriosityStream

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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.

Further Reading

Analyst Recommendations for CuriosityStream (NASDAQ:CURI)

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