Genius Brands stock rose on Tuesday after the company struck a deal with its debtholders. Image source: Getty Images. Genius Brands said the agreement will leave its balance sheet free of debt and cash-rich. "This is a win-win for all parties," CEO Andy Heyward said in a press release.
Full Answer
What is the upside for Genius Brands International's stock?
Jul 20, 2021 · What happened. Shares of Genius Brands ( GNUS 3.11% ) jumped 9.2% in today's trading session, according to data from S&P Global Market Intelligence. The children's entertainment stock gained ...
Who owns Genius Brands International (GNI)?
Oct 05, 2021 · 10 stocks we like better than Genius Brands International When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a …
How much money does Genius Brands make a year?
Apr 03, 2022 · 1 brokers have issued 1-year price objectives for Genius Brands International's shares. Their forecasts range from $5.00 to $5.00. On average, they anticipate Genius Brands International's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 495.2% from the stock's current price.
Will Genius Brands International (Gnus) outperform or underperform the S&P 500?
Genius Brands stock rose on Tuesday after the company struck a deal with its debtholders. Image source: Getty Images. Genius Brands said the …
Why did Genius Brands stock go up today?
Why Genius Brands Stock Was Up Big Today Shares of Genius Brands (NASDAQ: GNUS) jumped 9.2% in today's trading session, according to data from S&P Global Market Intelligence. The children's entertainment stock gained ground amid momentum for the broader market.
Is Genius Brands stock a good buy?
Of the 17 stocks in the D-rated Entertainment – Media Producers industry, GNUS is ranked #16. Beyond what I've stated above, we have rated GNUS for Sentiment, Growth, Momentum, and Value.Nov 2, 2021
Why is Genius Brands stock going down?
What happened. Shares of Genius Brands International ( GNUS -4.34% ) fell on Wednesday after the children's media company announced a major acquisition. As of 3:45 p.m. EDT, the stock was down more than 19%. Image source: Getty Images.Oct 27, 2021
What brands own genius?
Genius BrandsTypePublicBrandsKid Genius Baby Genius Rainbow Rangers SpacepopServicesLicensingOwnersAndy Heyward (Majority stake) Sony Pictures Home Entertainment (7%) 32 VenturesDivisionsGenius Brands Music Kartoon Channel Baby Genius Stan Lee Universe11 more rows
How does Genius brand make money?
Genius Brands licenses multimedia content for toddlers and tweens with its flagship network, Kartoon Channel!, available on major online media platforms like Amazon Prime, Alphabet's Google Play, and Roku. It also earns revenue from media advisory services, advertising, and other related businesses.Aug 28, 2021
Will TXMD stock go up?
Given the current short-term trend, the stock is expected to rise 26.62% during the next 3 months and, with a 90% probability hold a price between $0.33 and $0.58 at the end of this 3-month period.
Why is OCGN stock down?
Ocugen's OCGN stock declined 3.8% on Tuesday after the FDA placed a clinical hold on a phase II/III immuno-bridging and broadening clinical study on its COVID-19 vaccine, Covaxin.4 days ago
Where is genius ever company located?
Brooklyn, New York, U.S.
What does Genius Brands International do?
Genius Brands International, Inc. is a global kids media company developing, producing, marketing and licensing branded children's entertainment properties and consumer products for media and retail distribution.
What does Genius Brands International Inc do?
Genius Brands International, Inc. (Nasdaq: GNUS) is a leading global kids media company developing, producing, marketing, licensing, and broadcasting, branded children's entertainment properties and consumer products for media and retail distribution.
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...
About Genius Brands International
Genius Brands International, Inc. 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.
Headlines
Genius Brands Appoints Former Cartoon Network Ad Sales Executive, Cindy Kelly, to Head of Advertising Sales for Kartoon Channel!
Genius Brands International (NASDAQ:GNUS) Frequently Asked Questions
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genius Brands International in the last twelve months. There are currently 1 buy rating for the stock.
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.
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.
When will genius brands open in 2021?
BEVERLY HILLS, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Genius Brands International, Inc. (“Genius Brands” or the “Company”) (NASDAQ: GNUS), a global brand management company that creates and licenses multimedia entertainment content for children, announces it is set to join the broad-market Russell 3000® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective when the US market opens on June 28, 2021, according to a preliminary list of additions posted on June 4, 2
What happened
After shedding more than 20% of their value on Thursday, shares of Genius Brands International ( GNUS 4.71% ) rebounded on Friday. By the close of trading, Genius Brands' stock was up 20.6% after surging as much as 39% earlier in the day.
So what
The sharp upward move in Genius Brands' stock may have been driven by a press release that the kids' entertainment company issued on Friday touting the upcoming launch of its new Kartoon Channel! The ad-supported digital network is scheduled to go live on Monday, June 15. It will be "100% free" and "available to all," according to CEO Andy Heyward.
NASDAQ: GNUS
Genius Brands' stock rose sharply on Friday. Image source: Getty Images.
Now what
Even as the bulls once again take a victory lap, there remains just as many reasons to sell Genius Brands' stock as there are to buy it. The company is unprofitable and doesn't yet have much revenue to speak of.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
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.
GNUS Stock Has Been Soaring
The past few months have been a dream ride for the shares of Genius Brands International [NASDAQ: GNUS]. It may sound surreal, but the returns from April to June had been in excess of whopping 3300% – an insane hike by any stretch of imagination, and that, too, in just a couple of months.
Genius Brands Boasts Strong Leadership
Apart from strong distribution, the company also boasts of strong management.
Challenges Lie Ahead For Genius Brands
In the run-up to launch its Kartoon Channel!, Genius boasted about its unprecedented carriage and launch footprint, speaking glowingly about its reach in 100 million U.S. TV households and 200 million mobile devices.
How Can Genius Brands Get Eyeballs?
Genius Brands is trying to make its content conspicuous in its space by signing some well-known names, including Stan Lee’s Superhero Kindergarten, starring Arnold Schwarzenegger; Llama Llama, starring Jennifer Garner; and entrepreneurship series Warren Buffett’s Secret Millionaires Club, among others.
Heavy Spending Is A Worry For Investors
The company lost close to $1.7 billion from operations in its just concluded quarter.
Competition Is Stiff For GNUS
Genius Brands International’s top competitors include Pocketwatch, Moonbug, Brit + Co and Your Family Entertainment (YFE).
Negative Returns Undermine Confidence
After hitting its peak in June, it has been a downhill journey for Genius, with its share price continuously sliding.
