FY2024 EPS Estimate for CuriosityStream Cut by Analyst

CuriosityStream Inc. (NASDAQ:CURI - Free Report) - Barrington Research lowered their FY2024 EPS estimates for CuriosityStream in a report issued on Thursday, November 7th. Barrington Research analyst J. Goss now expects that the company will post earnings per share of ($0.20) for the year, down from their prior estimate of ($0.15). The consensus estimate for CuriosityStream's current full-year earnings is ($0.20) per share. Barrington Research also issued estimates for CuriosityStream's Q4 2024 earnings at ($0.02) EPS, Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at $0.00 EPS, FY2025 earnings at ($0.03) EPS and FY2026 earnings at $0.00 EPS.

Separately, Needham & Company LLC lifted their price target on CuriosityStream from $1.35 to $3.00 and gave the company a "buy" rating in a research note on Thursday.

CuriosityStream Stock Performance

Shares of CuriosityStream stock traded down $0.35 on Monday, reaching $1.62. 771,409 shares of the stock were exchanged, compared to its average volume of 410,738. The firm's 50 day moving average is $2.06 and its 200-day moving average is $1.46. The firm has a market cap of $88.45 million, a PE ratio of -5.79 and a beta of 1.15. CuriosityStream has a one year low of $0.45 and a one year high of $3.00.

CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05). The company had revenue of $12.60 million for the quarter, compared to the consensus estimate of $13.80 million. CuriosityStream had a negative return on equity of 21.70% and a negative net margin of 28.56%. During the same quarter last year, the business earned ($0.14) EPS.

CuriosityStream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 6.17%. The ex-dividend date of this dividend is Friday, March 14th. CuriosityStream's payout ratio is -35.71%.

Insiders Place Their Bets

In other CuriosityStream news, Director Jonathan Huberman sold 120,861 shares of the stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $1.47, for a total value of $177,665.67. Following the completion of the transaction, the director now directly owns 1,433,576 shares in the company, valued at approximately $2,107,356.72. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Michael Nikzad sold 58,896 shares of CuriosityStream stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $1.12, for a total value of $65,963.52. Following the transaction, the director now directly owns 372,369 shares of the company's stock, valued at $417,053.28. The trade was a 0.00 % 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. Also, Director Jonathan Huberman sold 120,861 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $1.47, for a total transaction of $177,665.67. Following the sale, the director now directly owns 1,433,576 shares of the company's stock, valued at $2,107,356.72. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 283,673 shares of company stock valued at $379,977. 49.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CuriosityStream

Hedge funds have recently bought and sold shares of the company. Oldfield Partners LLP bought a new position in CuriosityStream during the second quarter worth $417,000. CWM LLC increased its position in CuriosityStream by 310.7% in the 3rd quarter. CWM LLC now owns 297,656 shares of the company's stock valued at $569,000 after buying an additional 225,188 shares in the last quarter. Virtu Financial LLC raised its stake in CuriosityStream by 782.8% during the 1st quarter. Virtu Financial LLC now owns 151,267 shares of the company's stock worth $162,000 after buying an additional 134,132 shares during the period. Renaissance Technologies LLC boosted its holdings in CuriosityStream by 28.9% in the second quarter. Renaissance Technologies LLC now owns 402,126 shares of the company's stock worth $458,000 after acquiring an additional 90,126 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in shares of CuriosityStream during the second quarter valued at approximately $27,000. Institutional investors own 6.79% of the company's stock.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.