ClearOne Incoprorated Company Profile (NASDAQ:CLRO)

About ClearOne Incoprorated (NASDAQ:CLRO)

ClearOne Incoprorated logoClearOne, Inc. (ClearOne) is a global company that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The Company designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses. The Company's end users range from companies and institutions to small and medium-sized businesses, higher education and government organizations, as well as individual consumers. The Company sells its commercial products to end users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators and other resellers. Its products are categorized into the Professional audio communication products; Unified communications audio end points, and Visual communication products. The Company's products include CONVERGE Pro, INTERACT and MAX.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CLRO
  • CUSIP: N/A
  • Web: www.clearone.com
Capitalization:
  • Market Cap: $87.91 million
  • Outstanding Shares: 8,704,000
Average Prices:
  • 50 Day Moving Avg: $10.12
  • 200 Day Moving Avg: $11.01
  • 52 Week Range: $9.10 - $12.60
P/E:
  • Trailing P/E Ratio: 148.53
  • Foreward P/E Ratio: 15.30
  • P/E Growth: 1.90
Sales & Book Value:
  • Annual Revenue: $47.28 million
  • Price / Sales: 1.86
  • Book Value: $8.69 per share
  • Price / Book: 1.16
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 2.8%
Profitability:
  • EBIDTA: $3.36 million
  • Net Margins: 9.78%
  • Return on Equity: 8.54%
  • Return on Assets: 7.51%
Debt:
  • Current Ratio: 4.38%
  • Quick Ratio: 3.02%
Misc:
  • Average Volume: 8,598 shs.
  • Beta: 1.2
  • Short Ratio: 3.9
 

Frequently Asked Questions for ClearOne Incoprorated (NASDAQ:CLRO)

What is ClearOne Incoprorated's stock symbol?

ClearOne Incoprorated trades on the NASDAQ under the ticker symbol "CLRO."

How often does ClearOne Incoprorated pay dividends? What is the dividend yield for ClearOne Incoprorated?

ClearOne Incoprorated declared a quarterly dividend on Friday, May 5th. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.07 per share on Wednesday, May 31st. This represents a $0.28 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Monday, May 15th. This is a positive change from ClearOne Incoprorated's previous quarterly dividend of $0.05. View ClearOne Incoprorated's Dividend History.

How will ClearOne Incoprorated's stock buyback program work?

ClearOne Incoprorated announced that its Board of Directors has authorized a share repurchase program on Sunday, April 9th 2017, which allows the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 10.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

How were ClearOne Incoprorated's earnings last quarter?

ClearOne Incoprorated (NASDAQ:CLRO) announced its quarterly earnings data on Tuesday, May, 9th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.12. The business had revenue of $11.68 million for the quarter, compared to analyst estimates of $12.97 million. ClearOne Incoprorated had a net margin of 9.78% and a return on equity of 8.54%. View ClearOne Incoprorated's Earnings History.

Where is ClearOne Incoprorated's stock going? Where will ClearOne Incoprorated's stock price be in 2017?

2 analysts have issued 1-year price objectives for ClearOne Incoprorated's stock. Their predictions range from $12.50 to $14.50. On average, they anticipate ClearOne Incoprorated's stock price to reach $13.50 in the next twelve months. View Analyst Ratings for ClearOne Incoprorated.

Who are some of ClearOne Incoprorated's key competitors?

Who owns ClearOne Incoprorated stock?

ClearOne Incoprorated's stock is owned by many different of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (10.29%), FMR LLC (2.26%), Vanguard Group Inc. (2.20%), Renaissance Technologies LLC (1.91%), LSV Asset Management (1.35%) and California Public Employees Retirement System (0.29%). Company insiders that own ClearOne Incoprorated stock include Brad Baldwin, Larry Hendricks and Scott Huntsman. View Institutional Ownership Trends for ClearOne Incoprorated.

Who sold ClearOne Incoprorated stock? Who is selling ClearOne Incoprorated stock?

ClearOne Incoprorated's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC and LSV Asset Management. View Insider Buying and Selling for ClearOne Incoprorated.

Who bought ClearOne Incoprorated stock? Who is buying ClearOne Incoprorated stock?

ClearOne Incoprorated's stock was purchased by a variety of institutional investors in the last quarter, including Hancock Holding Co., Wellington Management Group LLP, Dimensional Fund Advisors LP and Geode Capital Management LLC. View Insider Buying and Selling for ClearOne Incoprorated.

How do I buy ClearOne Incoprorated stock?

Shares of ClearOne Incoprorated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of ClearOne Incoprorated stock cost?

One share of ClearOne Incoprorated stock can currently be purchased for approximately $10.10.

Analyst Ratings

Consensus Ratings for ClearOne Incoprorated (NASDAQ:CLRO) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $13.50 (33.66% upside)

Analysts' Ratings History for ClearOne Incoprorated (NASDAQ:CLRO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017B. RileyReiterated RatingBuy$12.50HighView Rating Details
9/7/2016Singular ResearchInitiated CoverageBuy$14.50N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for ClearOne Incoprorated (NASDAQ:CLRO)
Earnings by Quarter for ClearOne Incoprorated (NASDAQ:CLRO)
Earnings History by Quarter for ClearOne Incoprorated (NASDAQ:CLRO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017$0.13$0.01$12.97 million$11.68 millionViewListenView Earnings Details
3/14/2017Q4 2016$0.21($0.02)$10.73 millionViewN/AView Earnings Details
11/8/2016Q316$0.19$0.22$13.76 million$12.90 millionViewListenView Earnings Details
5/5/2016Q1$0.15$0.18$12.82 million$13.00 millionViewN/AView Earnings Details
3/10/2016Q4$0.25$0.24$15.90 million$14.30 millionViewListenView Earnings Details
11/19/2015Q315$0.26$0.28$16.53 million$15.90 millionViewListenView Earnings Details
8/6/2015Q215$0.18$0.19$15.42 million$14.00 millionViewN/AView Earnings Details
4/30/2015Q115$0.13$0.15$13.75 million$13.60 millionViewN/AView Earnings Details
3/12/2015Q414$0.22$0.32$16.30 million$15.40 millionViewListenView Earnings Details
10/23/2014Q3$0.12$0.18$13.77 million$15.74 millionViewListenView Earnings Details
8/12/2014Q2$0.16$0.14$12.22 million$14.11 millionViewListenView Earnings Details
5/6/2014Q114$0.10$0.08$11.75 million$12.71 millionViewN/AView Earnings Details
2/27/2014$0.17$0.19ViewN/AView Earnings Details
10/24/2013$0.11$0.18ViewN/AView Earnings Details
7/31/2013Q2 2013$0.10$0.13ViewN/AView Earnings Details
2/27/2013Q4 2012$0.14$0.13$12.27 million$13.00 millionViewN/AView Earnings Details
11/15/2012Q312$0.12$0.14$11.70 million$11.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for ClearOne Incoprorated (NASDAQ:CLRO)
2017 EPS Consensus Estimate: $0.43
2018 EPS Consensus Estimate: $0.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.13$0.13$0.13
Q2 20171$0.05$0.05$0.05
Q3 20171$0.10$0.10$0.10
Q4 20171$0.15$0.15$0.15
Q1 20181$0.08$0.08$0.08
Q2 20181$0.12$0.12$0.12
Q3 20181$0.17$0.17$0.17
Q4 20181$0.23$0.23$0.23
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for ClearOne Incoprorated (NASDAQ:CLRO)
Next Dividend:5/31/2017
Annual Dividend:$0.20
Dividend Yield:1.98%
Payout Ratio:37.74% (Trailing 12 Months of Earnings)
50.00% (Based on This Year's Estimates)
30.30% (Based on Next Year's Estimates)
Dividend Payments by Quarter for ClearOne Incoprorated (NASDAQ:CLRO)

Dividend History by Quarter for ClearOne Incoprorated (NASDAQ:CLRO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/5/2017quarterly$0.072.65%5/15/20175/17/20175/31/2017
1/31/2017Quarterly$0.051.61%2/13/20172/15/20173/1/2017
11/2/2016quarterly$0.051.82%11/14/201611/16/201611/30/2016
8/3/2016quarterly$0.051.67%8/15/20168/17/20168/31/2016
5/18/2016quarterly$0.051.82%5/27/20166/1/20166/15/2016
2/25/2016quarterly$0.051.66%3/3/20163/7/20163/18/2016
11/12/2015Quarterly$0.0512/2/201512/4/201512/21/2015
10/21/2015Quarterly$0.0411/2/201511/4/201511/18/2015
7/16/2015quarterly$0.041%7/23/20157/27/20158/10/2015
4/28/2015quarterly$0.041.22%4/30/20155/4/20155/15/2015
12/3/2014special$0.1012/10/201412/12/20141/5/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for ClearOne Incoprorated (NASDAQ:CLRO)
Insider Ownership Percentage: 9.51%
Institutional Ownership Percentage: 19.32%
Insider Trades by Quarter for ClearOne Incoprorated (NASDAQ:CLRO)
Institutional Ownership by Quarter for ClearOne Incoprorated (NASDAQ:CLRO)
Insider Trades by Quarter for ClearOne Incoprorated (NASDAQ:CLRO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/9/2016Larry HendricksDirectorBuy1,012$10.50$10,626.00View SEC Filing  
7/21/2016Scott HuntsmanDirectorSell35,832$11.27$403,826.64View SEC Filing  
3/17/2016Brad BaldwinDirectorSell20,000$12.13$242,600.00View SEC Filing  
12/16/2014Zeynep HakimogluCEOSell17,000$9.68$164,560.00View SEC Filing  
12/9/2014Larry HendricksDirectorSell1,000$10.20$10,200.00View SEC Filing  
3/14/2014Brad BaldwinDirectorSell8,537$11.25$96,041.25View SEC Filing  
3/12/2014Brad BaldwinDirectorSell3,300$11.53$38,049.00View SEC Filing  
9/13/2013Michael J BraithwaiteInsiderSell33,914$8.10$274,703.40View SEC Filing  
5/23/2013Larry HendricksDirectorSell2,000$9.30$18,600.00View SEC Filing  
5/10/2013Brad BaldwinDirectorSell1,000$9.14$9,140.00View SEC Filing  
3/11/2013Larry HendricksDirectorSell2,500$6.60$16,500.00View SEC Filing  
3/6/2013Edward D BagleyMajor ShareholderBuy9,400$6.40$60,160.00View SEC Filing  
3/5/2013Edward D BagleyMajor ShareholderBuy9,200$6.40$58,880.00View SEC Filing  
12/13/2012Brad BaldwinDirectorBuy27,000$2.80$75,600.00View SEC Filing  
12/10/2012Edward D BagleyMajor ShareholderBuy5,500$3.80$20,900.00View SEC Filing  
12/10/2012Scott HuntsmanDirectorBuy12,000$2.80$33,600.00View SEC Filing  
9/14/2012Edward D BagleyMajor ShareholderBuy5,700$3.95$22,515.00View SEC Filing  
9/10/2012Scott HuntsmanDirectorBuy15,000$2.80$42,000.00View SEC Filing  
8/17/2012Zeynep HakimogluCEOBuy4,000$3.94$15,760.00View SEC Filing  
8/16/2012Edward D BagleyMajor ShareholderBuy16,800$3.75$63,000.00View SEC Filing  
8/15/2012Edward D BagleyMajor ShareholderBuy11,200$3.80$42,560.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for ClearOne Incoprorated (NASDAQ:CLRO)
Latest Headlines for ClearOne Incoprorated (NASDAQ:CLRO)
Source:
DateHeadline
finance.yahoo.com logoClearOne to Present at the 18th Annual B. Riley & Co. Investor Conference
finance.yahoo.com - May 22 at 12:34 PM
finance.yahoo.com logoClearOne, Inc. : CLRO-US: Dividend Analysis : May 17th, 2017 (record date) : By the numbers : May 19, 2017
finance.yahoo.com - May 19 at 4:15 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - May 16 at 8:18 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Rating Reiterated by B. Riley
www.americanbankingnews.com - May 16 at 6:58 PM
americanbankingnews.com logoClearOne Incoprorated Forecasted to Earn Q2 2017 Earnings of $0.05 Per Share (CLRO)
www.americanbankingnews.com - May 15 at 7:58 AM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 10 at 4:56 PM
finance.yahoo.com logoEdited Transcript of CLRO earnings conference call or presentation 9-May-17 3:30pm GMT
finance.yahoo.com - May 10 at 8:18 AM
finance.yahoo.com logoClearOne Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 9 at 4:21 PM
finance.yahoo.com logoClearOne reports 1Q loss
finance.yahoo.com - May 9 at 4:21 PM
finance.yahoo.com logoInvestor Network: ClearOne, Inc. to Host Earnings Call
finance.yahoo.com - May 9 at 4:21 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Plans Quarterly Dividend of $0.07
www.americanbankingnews.com - May 5 at 6:11 PM
finance.yahoo.com logoClearOne Announces Record Date for 2017 Second-Quarter Dividend
finance.yahoo.com - May 4 at 9:29 PM
finance.yahoo.com logoClearOne to Report 2017 First-Quarter Financial Results, and Host Conference Call on Tuesday, May 9, 2017
finance.yahoo.com - May 4 at 4:28 PM
americanbankingnews.com logoFavorable Media Coverage Extremely Likely to Impact ClearOne Incoprorated (CLRO) Stock Price
www.americanbankingnews.com - May 4 at 1:02 PM
finance.yahoo.com logoClearOne Awarded New Patent for Acoustical Innovation on Beamforming Microphones With Orientation Sensors
finance.yahoo.com - May 3 at 1:56 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Receiving Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 29 at 10:54 AM
americanbankingnews.com logoSomewhat Favorable Press Coverage Extremely Likely to Impact ClearOne Incoprorated (CLRO) Share Price
www.americanbankingnews.com - April 26 at 12:56 PM
finance.yahoo.com logoClearOne Awarded a New Patent on Echo Cancellation using Beamforming Microphones from the U.S. Patent and Trademark Office
finance.yahoo.com - April 25 at 4:09 PM
americanbankingnews.com logoSomewhat Positive Press Coverage Extremely Likely to Affect ClearOne Incoprorated (CLRO) Stock Price
www.americanbankingnews.com - April 21 at 5:07 PM
americanbankingnews.com logoZacks Investment Research Upgrades ClearOne Incoprorated (CLRO) to Hold
www.americanbankingnews.com - April 11 at 8:31 PM
americanbankingnews.com logoClearOne Incoprorated (CLRO) to Repurchase $10 million in Shares
www.americanbankingnews.com - April 9 at 8:19 AM
americanbankingnews.com logoClearOne Incoprorated (CLRO) Short Interest Update
www.americanbankingnews.com - April 8 at 9:32 AM
finance.yahoo.com logoJust Released! ClearOne's Mobile Dialer Applications for Next-Gen CONVERGE® Pro 2 DSP Platform
finance.yahoo.com - April 7 at 9:02 AM
americanbankingnews.com logoClearOne Incoprorated’s (CLRO) “Buy” Rating Reaffirmed at B. Riley
www.americanbankingnews.com - March 18 at 11:52 PM
biz.yahoo.com logoCLEARONE INC Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 5:42 PM
finance.yahoo.com logoFrost & Sullivan Shines Spotlight on ClearOne as Leader in Installed Audio Conferencing Endpoints Market
finance.yahoo.com - March 15 at 4:46 PM
finance.yahoo.com logoEdited Transcript of CLRO earnings conference call or presentation 14-Mar-17 3:30pm GMT
finance.yahoo.com - March 15 at 4:46 PM
biz.yahoo.com logoCLEARONE INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial Statements an
biz.yahoo.com - March 15 at 6:41 AM
biz.yahoo.com logoQ4 2016 Clearone Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 14 at 12:49 PM
us.rd.yahoo.com logoClearOne Reports Fourth Quarter and Full-Year 2016 Financial Results
us.rd.yahoo.com - March 14 at 12:49 PM
finance.yahoo.com logoClearOne to Report 2016 Fourth-Quarter, Full-Year Financial Results, and Host Conference Call on Tuesday, March 14, 2017
finance.yahoo.com - March 9 at 4:56 PM
finance.yahoo.com logoClearOne's Second-Generation Beamforming Microphone Array Wins "Best of Show" at ISE 2017
finance.yahoo.com - February 22 at 11:33 AM
finance.yahoo.com logo6 Stocks With Strong Yields but Falling Prices
finance.yahoo.com - February 17 at 5:51 PM
finance.yahoo.com logoNow Shipping! ClearOne's New Entry-Level Audio-Video Encoder And Decoder Provide Broader Access to Network Media Streaming
finance.yahoo.com - February 1 at 4:39 PM
finance.yahoo.com logoClearOne Showcases New DIALOG® 20 Two-Channel Wireless Microphone System
finance.yahoo.com - February 1 at 4:39 PM
finance.yahoo.com logoNow Shipping! ClearOne's Full Line of Next-Gen DSP Conferencing Platform and Beamforming Microphone Array
finance.yahoo.com - February 1 at 4:39 PM
finance.yahoo.com logoClearOne's Media Collaboration Solution Gains Traction in Creating Powerful, Integrated Applications for Any Group Activity
finance.yahoo.com - February 1 at 4:39 PM
finance.yahoo.com logoClearOne Announces Record Date for 2017 First Quarter Dividend
finance.yahoo.com - January 31 at 4:47 PM
nasdaq.com logoMid-Day Market Update: Dow Falls 170 Points; Straight Path Shares Surge On FCC Settlement
www.nasdaq.com - January 12 at 4:42 PM
finance.yahoo.com logoClearOne (CLRO) in Focus: Stock Jumps 6% in Session
finance.yahoo.com - January 10 at 5:02 PM
finance.yahoo.com logoClearOne (CLRO) Enters Overbought Territory
finance.yahoo.com - January 6 at 4:47 PM
us.rd.yahoo.com logo9:32 am ClearOne announces they were awarded a new patent on negotiation of camera & display capabilities in a conferencing environment by the USPTO
us.rd.yahoo.com - January 4 at 10:24 PM
finance.yahoo.com logoCLEARONE INC Financials
finance.yahoo.com - November 17 at 3:31 PM
finance.yahoo.com logoCLEARONE INC Financials
finance.yahoo.com - November 17 at 3:31 PM
biz.yahoo.com logoCLEARONE INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 9 at 11:38 AM
finance.yahoo.com logoEdited Transcript of CLRO earnings conference call or presentation 8-Nov-16 4:30pm GMT
finance.yahoo.com - November 9 at 11:38 AM
finance.yahoo.com logo9:11 am ClearOne receives a new patent involving its videoconferencing technology
finance.yahoo.com - September 20 at 10:05 AM
finance.yahoo.com logoClearOne to Present at the Singular Research 11th Annual "Best of the Uncovered" Investment Conference
finance.yahoo.com - September 15 at 10:35 AM
finance.yahoo.com logoClearOne, Inc. (CLRO)
finance.yahoo.com - August 15 at 9:51 PM
thestreet.com logoReminder - ClearOne (CLRO) Goes Ex-Dividend Soon
www.thestreet.com - August 11 at 11:40 AM

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ClearOne Incoprorated (CLRO) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff