In short, GNUS stock is exploding higher because Genius Brands, a small children’s entertainment company, is trying to become “the Netflix for kids,” through its soon-to-be-launched Kartoon Channel. The channel will debut on services like Roku (NASDAQ: ROKU).
Full Answer
Where can I buy Gnus shares?
Jul 20, 2021 · The children's entertainment stock gained ground amid momentum for the broader market. GNUS data by YCharts. There doesn't appear to have been any business-specific news powering Genius Brands' rally.
Is Genius Brands International (Gnus) stock outpacing the S&P 500?
Mar 30, 2021 · However, Tuesday morning’s press release ended up squashing the hype, and GNUS stock is taking a hit. Genius Brands, a streaming content network targeted at children, had teased last week about ...
Should you buy Genius Brands International stock?
Oct 12, 2020 · Shares went on an epic run from under $0.30 to highs of $11.73. But it ended up going parabolic at the end of the day. However near a dollar $GNUS provides one of the most lucrative potential pay-days among penny stocks today in late 2020. While Genius isn’t delivering as a company or with its product, the stock is a benefactor of the times.
How much money does Genius Brands make a year?
Apr 16, 2022 · Genius Brands International's stock was trading at $0.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GNUS stock has increased by 250.0% and is now trading at $0.84. View which stocks have been most impacted by COVID-19.
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As of 1:20 p.m. EDT today, the stock was up more than 10% after rising as much as 18.7% earlier in the day. So what. ... NASDAQ: GNUS $0.90 up $0.04 (5.29%) Average returns of all recommendations ...
Is GNUS stock a good buy?
How high will GNUS go?
The 1 analysts offering 12-month price forecasts for Genius Brands International Inc have a median target of 5.00, with a high estimate of 5.00 and a low estimate of 5.00. The median estimate represents a +825.24% increase from the last price of 0.54.
Is GNUS stock a pump and dump?
Why is Genius Brands stock going down?
What is the short interest in GNUS?
How high does IDEX go?
The 2 analysts offering 12-month price forecasts for Ideanomics Inc have a median target of 2.00, with a high estimate of 3.00 and a low estimate of 1.00. The median estimate represents a +260.30% increase from the last price of 0.56.
Is GNUS a meme stock?
What kind of company is GNUS?
What's happening with Genius Brands?
- Genius Brands Expands Kartoon Channel! ...
- Genius Brands Completes Acquisition of WOW! ...
- Genius Brands International, Inc. ...
- Genius Brands Announces 217% Increase in Revenue to $7.9 Million for 2021 Versus $2.5 Million for 2020. ...
- Genius Brands Expands Kartoon Channel!
What is GNUS brand?
Is Genius Brands International a buy right now?
1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genius Brands International in the last twelve months. T...
How has Genius Brands International's stock been impacted by COVID-19?
Genius Brands International's stock was trading at $0.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Or...
Are investors shorting Genius Brands International?
Genius Brands International saw a drop in short interest during the month of February. As of February 15th, there was short interest totaling 47,73...
When is Genius Brands International's next earnings date?
Genius Brands International is scheduled to release its next quarterly earnings announcement on Wednesday, March 30th 2022. View our earnings fore...
How were Genius Brands International's earnings last quarter?
Genius Brands International, Inc. (NASDAQ:GNUS) posted its quarterly earnings data on Wednesday, November, 14th. The company reported ($0.24) earni...
What price target have analysts set for GNUS?
1 brokers have issued twelve-month price targets for Genius Brands International's stock. Their forecasts range from $5.00 to $5.00. On average, th...
Who are Genius Brands International's key executives?
Genius Brands International's management team includes the following people: Andrew Heyward , Chairman & Chief Executive Officer Michael A. Jaffa...
Who are some of Genius Brands International's key competitors?
Some companies that are related to Genius Brands International include CuriosityStream (CURI) , Gaia (GAIA) , Entrepreneur Universe Bright Group...
What other stocks do shareholders of Genius Brands International own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Genius Brands International investors own include Bionano...
What is the genius brand's P/B ratio?
Genius Brands International has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
What is genius brand?
is a content and brand management company, which engages in developing, producing, marketing, and licensing branded children's entertainment properties and consumer products for media distribution and retail channels. The firm acts as a licensing agent for certain brands, such as Llama Llama, Psycho Bunny, From Frank, and Celessence Technologies. The company was founded by Balaban Howard Alan on January 2, 2006 and is headquartered in Beverly Hills, CA.
Does genius brand pay dividends?
Genius Brands International does not currently pay a dividend.
What happened
Shares of Genius Brands International ( GNUS -1.68% ) popped on Tuesday after the children's entertainment company said it reached an agreement with holders of its convertible notes that would eliminate its remaining debt.
So what
Genius Brands' senior secured convertible-debt holders will pre-pay $4 million in investor note obligations three months early and convert all of their $13.75 million of debt to shares of stock. Genius Brands also agreed to register for resale the stock issued upon the note conversions.
Now what
Questions remain as to whether Genius Brands' new digital network Kartoon Channel! will ultimately be profitable enough to justify its stock's lofty valuation. But while this recent deal with debtholders will dilute shareholders, it does help to strengthen Genius Brands' financial position.
Shares of the children's entertainment company rose in anticipation of a surprise announcement Monday
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman
What happened
Shares of Genius Brands ( NASDAQ:GNUS) were soaring today after the company said this morning that it would hold a conference call on Monday morning "to discuss an exciting business development." It was unclear what that was referring to, but the news sparked plenty of speculation on Twitter and a subsequent run-up in the stock.
So what
The maker of children's video entertainment has become a darling of day traders on Robinhood and elsewhere during the pandemic, as the at-home entertainment provider is seen a beneficiary from the crisis.
Now what
At this point, an investment in Genius Brands is clearly not for the faint of heart. There's little track record for investors to go on as the company had an operating loss of $6.5 million last year on just $5.9 million in revenue.
How much has genius brand gained in 2021?
Why Genius Brands Gained 33% in the First Half of 2021. Genius Brands International (NASDAQ: GNUS) stock gained 33% in the first six months of the year according to data provided by S&P Global Market Intelligence.
What is genius brand?
Genius Brands (NASDAQ:GNUS) develops, creates and acquires multimedia content. The company has massive intellectual property holdings from famed comic book producer Stan Lee and owns Kartoon Channel!, a distribution platform that CEO Andy Heyward has described as as the “Netflix for kids, but free.” But all this does not explain why GNUS stock is up 27.5% year to date and why this fledgling entertainment company has a market cap of $474.6 million. Source: patat / Shutterstock.com Genius Brands h
What channel is genius brand?
Appearing on Genius's Kartoon Channel and featuring the voice talent of Arnold Schwarzenegger, the double-episode series premiere delivered more than two million views over its opening weekend. Because the late Stan Lee created some of the most recognizable superheroes in comics, including Spider-Man, Iron Man, Avengers, and X-Men, Genius Brands has been able to ride his coattails after announcing it would be developing shows based upon his intellectual portfolio.
Who owns Pluto TV?
This is a fairly major "get" for the company as Pluto TV is owned by media giant ViacomCBS (NASDAQ: VIAC), and it's a free streaming service accessible by anyone with a suitable device or TV. Genius Brands did not reveal any financial terms of the deal.
Is genius brand a meme?
Shares of Genius Brands (NASDAQ: GNUS) ended last week almost 5% higher than where they started. Genius Brands, of course, was inducted into that group of speculative companies known as meme stocks that trade more on social-media chatter than on business fundamentals . The children's media company's stock more than doubled just weeks into the new year, as a trading frenzy erupted, only to collapse once more, followed by a regular pattern of rising and then giving way as momentum ebbed and flowed.
Why is genius brand down 70%?
That figure was down 70% year-over-year, apparently because Genius Brands lost distribution.
How much did Genius Brands sell in 2019?
The figure in 2019 — obviously before the pandemic arrived — was $5.9 million. The Stan Lee content is still supposedly just around the corner from contributing to results. All that Genius Brands has done well in its history is selling GNUS stock. It April 2014, the company had a little over 6 million shares outstanding.
How much money did genius brand make in 2020?
Indeed, in 2020, Genius Brands on the whole generated just $2.5 million in revenue. The figure was down 58% year-over-year. And even if you back out non-cash share-based compensation, Genius spent more than $11 million to generate that revenue.
When was genius created?
But the problems here go back further than just a year. Genius was created by a merger that occurred back in 2013 between A Squared Entertainment and Genius Brands. A Squared brought in some of the intellectual property that Genius Brands is still talking up, like the concepts developed by Stan Lee.
Is GNUS a streaming stock?
GNUS stock is pitched as a streaming play. But there's simply not much there. To hear Genius Brands (NASDAQ: GNUS) management tell it, GNUS stock is the next big winner in streaming. And it seems like there’s a real business here. Management is experienced in the children’s entertainment industry.
