Q2 2024 Earnings Forecast for CuriosityStream Inc. Issued By Barrington Research (NASDAQ:CURI)

CuriosityStream Inc. (NASDAQ:CURI) – Analysts at Barrington Research dropped their Q2 2024 earnings per share estimates for shares of CuriosityStream in a research note issued to investors on Wednesday, May 8th. Barrington Research analyst J. Goss now forecasts that the company will post earnings per share of ($0.05) for the quarter, down from their prior estimate of ($0.04). The consensus estimate for CuriosityStream’s current full-year earnings is ($0.10) per share. Barrington Research also issued estimates for CuriosityStream’s Q4 2024 earnings at ($0.04) EPS, FY2024 earnings at ($0.19) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.03) EPS, FY2025 earnings at ($0.06) EPS and Q1 2026 earnings at ($0.02) EPS.

Separately, Needham & Company LLC lifted their price target on CuriosityStream from $1.25 to $1.35 and gave the company a “buy” rating in a report on Wednesday.

CuriosityStream Trading Up 4.3 %

CuriosityStream stock opened at $1.20 on Friday. The stock has a fifty day moving average price of $0.92 and a 200 day moving average price of $0.68. CuriosityStream has a 52 week low of $0.45 and a 52 week high of $1.55. The firm has a market capitalization of $63.97 million, a P/E ratio of -1.30 and a beta of 1.15.

CuriosityStream (NASDAQ:CURI) last announced its earnings results on Wednesday, March 20th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.08. CuriosityStream had a negative net margin of 85.95% and a negative return on equity of 32.94%. The firm had revenue of $14.78 million for the quarter, compared to analyst estimates of $16.20 million.

CuriosityStream Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, July 12th will be paid a dividend of $0.025 per share. The ex-dividend date is Friday, July 12th. This represents a $0.10 annualized dividend and a dividend yield of 8.33%. CuriosityStream’s dividend payout ratio is presently -10.75%.

Insider Buying and Selling

In related news, major shareholder Hendricks Factual Media Llc sold 28,006 shares of the stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $1.00, for a total transaction of $28,006.00. Following the completion of the sale, the insider now owns 21,169,423 shares of the company’s stock, valued at approximately $21,169,423. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have sold 363,614 shares of company stock valued at $371,230. 55.40% of the stock is currently owned by company insiders.

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.