CuriosityStream Inc. (NASDAQ:CURI) Receives $6.17 Average Price Target from Analysts

CuriosityStream Inc. (NASDAQ:CURI) has been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $6.1667.

Several analysts have issued reports on the stock. Barrington Research dropped their price target on shares of CuriosityStream from $6.00 to $5.50 and set an “outperform” rating on the stock in a research report on Thursday, March 12th. Weiss Ratings raised shares of CuriosityStream from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 13th. Finally, Zacks Research raised shares of CuriosityStream from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th.

CuriosityStream Trading Up 0.6%

NASDAQ CURI opened at $3.39 on Tuesday. The firm’s fifty day moving average price is $3.24 and its two-hundred day moving average price is $3.82. CuriosityStream has a 1 year low of $2.81 and a 1 year high of $7.15. The firm has a market capitalization of $199.91 million, a P/E ratio of -33.90 and a beta of 1.93.

CuriosityStream (NASDAQ:CURI) last posted its quarterly 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). CuriosityStream had a negative return on equity of 13.07% and a negative net margin of 8.97%.The firm had revenue of $19.20 million for the quarter, compared to the consensus estimate of $18.91 million. On average, research analysts anticipate that CuriosityStream will post 0.04 EPS for the current fiscal year.

CuriosityStream Announces Dividend

The business also recently disclosed 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 of this dividend was Friday, March 6th. This represents a $0.32 annualized dividend and a dividend yield of 9.4%. CuriosityStream’s dividend payout ratio is presently -320.00%.

Hedge Funds Weigh In On CuriosityStream

Large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue bought a new position in shares of CuriosityStream in the fourth quarter valued at about $35,000. Mangrove Partners IM LLC bought a new position in shares of CuriosityStream in the fourth quarter valued at about $42,000. Quarry LP bought a new position in shares of CuriosityStream in the third quarter valued at about $45,000. Schonfeld Strategic Advisors LLC raised its position in shares of CuriosityStream by 30.8% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company’s stock valued at $50,000 after purchasing an additional 3,115 shares during the period. Finally, Diversified Trust Co bought a new position in shares of CuriosityStream in the third quarter valued at about $56,000. 6.79% of the stock is owned by institutional investors.

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.