NASDAQ:CLRO ClearOne (CLRO) Stock Forecast, Price & News $1.15 +0.03 (+2.68%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$1.04▼$1.1750-Day Range$1.12▼$2.5552-Week Range$0.50▼$2.65Volume970,564 shsAverage Volume3.80 million shsMarket Capitalization$27.55 millionP/E Ratio1.31Dividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media ClearOne MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish5.52% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.74Based on 5 Articles This WeekInsider TradingAcquiring Shares$24,756 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.86 out of 5 starsComputer And Technology Sector447th out of 609 stocksTelephone & Telegraph Apparatus Industry10th out of 12 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for ClearOne. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.52% of the float of ClearOne has been sold short.Short Interest Ratio / Days to CoverClearOne has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ClearOne has recently increased by 156.59%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldClearOne does not currently pay a dividend.Dividend GrowthClearOne does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLRO. Previous Next 3.7 News and Social Media Coverage News SentimentClearOne has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for ClearOne this week, compared to 1 article on an average week.Search Interest26 people have searched for CLRO on MarketBeat in the last 30 days. This is an increase of 225% compared to the previous 30 days.MarketBeat Follows8 people have added ClearOne to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ClearOne insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,756.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.94% of the stock of ClearOne is held by insiders.Percentage Held by InstitutionsOnly 3.59% of the stock of ClearOne is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of ClearOne is 1.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.50.Price to Earnings Ratio vs. SectorThe P/E ratio of ClearOne is 1.31, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 322.00.Price to Book Value per Share RatioClearOne has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ClearOne (NASDAQ:CLRO) StockClearOne, Inc. engages in the design, development, and sale of conferencing, collaboration, and network streaming solutions for voice and visual communications. Its products include professional audio conferencing, speakerphones, professional microphones, and video collaboration. The company was founded in 1983 and is headquartered in Salt Lake City, UT.Read More Receive CLRO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ClearOne and its competitors with MarketBeat's FREE daily newsletter. Email Address CLRO Stock News HeadlinesJune 2, 2023 | finance.yahoo.comClearOne to Demonstrate Full Range of Conferencing, Collaboration, Communications Solutions at InfoComm 2023June 2, 2023 | americanbankingnews.comClearOne (NASDAQ:CLRO) Now Covered by StockNews.comJune 3, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...June 1, 2023 | finance.yahoo.comClearOne Partners with Gateway Group to Lead Expanded Investor Relations ProgramMay 31, 2023 | americanbankingnews.comClearOne, Inc. (NASDAQ:CLRO) Declares $1.00 DividendMay 17, 2023 | washingtonpost.comClearOne: Q1 Earnings SnapshotMay 16, 2023 | finance.yahoo.comClearOne, Inc. Reports First Quarter 2023 Financial ResultsMay 16, 2023 | americanbankingnews.comClearOne (NASDAQ:CLRO) Coverage Initiated by Analysts at StockNews.comJune 3, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 12, 2023 | marketwatch.com8-K: CLEARONE INCMay 11, 2023 | finance.yahoo.comClearOne Clarified Ex-Dividend Date for Special One-time Cash DividendMay 10, 2023 | marketwatch.comClearOne Shares Rise 61% After Special Cash Dividend of $1 a ShareMay 10, 2023 | seekingalpha.comClearOne declares $1.00 special dividendMay 10, 2023 | msn.comWhy ClearOne Stock Is SoaringMay 8, 2023 | finance.yahoo.comClearOne Announces a Special One-time Cash DividendMay 1, 2023 | americanbankingnews.comClearOne, Inc. (NASDAQ:CLRO) Short Interest Down 7.3% in AprilApril 24, 2023 | uk.finance.yahoo.comClearOne, Inc. (CLRO) stock historical prices & data – Yahoo FinanceApril 22, 2023 | americanbankingnews.comClearOne (NASDAQ:CLRO) Now Covered by Analysts at StockNews.comApril 19, 2023 | finance.yahoo.comThere's Reason For Concern Over ClearOne, Inc.'s (NASDAQ:CLRO) PriceApril 15, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on ClearOne (NASDAQ:CLRO)April 2, 2023 | americanbankingnews.comClearOne (NASDAQ:CLRO) Shares Cross Above 200 Day Moving Average of $1.16April 1, 2023 | finance.yahoo.comClearOne, Inc. Reports Fourth Quarter 2022 Financial ResultsJanuary 26, 2023 | finance.yahoo.comClearOne announces the appointment of Derek Graham as Permanent CEOJanuary 18, 2023 | benzinga.comClearOne Regains Compliance with Nasdaq's Minimum Bid Price RequirementJanuary 17, 2023 | finance.yahoo.comClearOne Regains Compliance with Nasdaq’s Minimum Bid Price RequirementJanuary 16, 2023 | finance.yahoo.comClearOne Expands its UNITE® PTZ Camera Series with the Introduction of the UNITE 260 ProJanuary 16, 2023 | reuters.comCLRO.C - | Stock Price & Latest News | ReutersSee More Headlines CLRO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLRO Company Calendar Last Earnings3/31/2023Dividend Payable5/31/2023Ex-Dividend for 5/31 Dividend6/01/2023Today6/03/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone & telegraph apparatus Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:CLRO CUSIPN/A CIK840715 Webwww.clearone.com Phone(801) 975-7200Fax801-303-5711Employees126Year Founded1983Profitability EPS (Most Recent Fiscal Year)$0.88 Trailing P/E Ratio1.31 Forward P/E RatioN/A P/E GrowthN/ANet Income$20.56 million Net Margins99.33% Pretax Margin130.95% Return on Equity-9.72% Return on Assets-8.57% Debt Debt-to-Equity RatioN/A Current Ratio12.64 Quick Ratio11.22 Sales & Book Value Annual Sales$25.20 million Price / Sales1.09 Cash FlowN/A Price / Cash FlowN/A Book Value$3.06 per share Price / Book0.38Miscellaneous Outstanding Shares23,960,000Free Float23,731,000Market Cap$27.55 million OptionableNot Optionable Beta0.99 Social Links Key ExecutivesDerek GrahamChief Executive OfficerNarsi NarayananSecretary, Chief Financial & Accounting OfficerJim MergensVice President-America SalesKey CompetitorsSonim TechnologiesNASDAQ:SONMDZSNASDAQ:DZSIAkoustis TechnologiesNASDAQ:AKTSKey TronicNASDAQ:KTCCResearch FrontiersNASDAQ:REFRView All CompetitorsInsiders & InstitutionsLisa HigleyBought 10,000 shares on 6/1/2023Total: $11,000.00 ($1.10/share)Larry HendricksBought 3,000 shares on 5/24/2023Total: $6,480.00 ($2.16/share)Larry HendricksBought 2,000 shares on 5/22/2023Total: $4,280.00 ($2.14/share)Derek GrahamBought 1,320 shares on 5/22/2023Total: $2,996.40 ($2.27/share)Renaissance Technologies LLCBought 100,100 shares on 5/12/2023Ownership: 1.881%View All Insider TransactionsView All Institutional Transactions CLRO Stock - Frequently Asked Questions How have CLRO shares performed in 2023? ClearOne's stock was trading at $1.52 at the beginning of the year. Since then, CLRO stock has decreased by 24.3% and is now trading at $1.15. View the best growth stocks for 2023 here. Are investors shorting ClearOne? ClearOne saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 564,500 shares, an increase of 156.6% from the April 30th total of 220,000 shares. Based on an average daily volume of 1,130,000 shares, the days-to-cover ratio is currently 0.5 days. Currently, 5.5% of the shares of the company are sold short. View ClearOne's Short Interest. When is ClearOne's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our CLRO earnings forecast. How were ClearOne's earnings last quarter? ClearOne, Inc. (NASDAQ:CLRO) announced its earnings results on Friday, March, 31st. The communications equipment provider reported ($0.09) earnings per share for the quarter. The communications equipment provider had revenue of $4.02 million for the quarter. ClearOne had a net margin of 99.33% and a negative trailing twelve-month return on equity of 9.72%. How often does ClearOne pay dividends? What is the dividend yield for ClearOne? ClearOne declared a dividend on Monday, May 8th. Investors of record on Monday, May 22nd will be paid a dividend of $1.00 per share on Wednesday, May 31st. The ex-dividend date of this dividend is Thursday, June 1st. Read our dividend analysis for CLRO. What is Zee Hakimoglu's approval rating as ClearOne's CEO? 172 employees have rated ClearOne Chief Executive Officer Zee Hakimoglu on Glassdoor.com. Zee Hakimoglu has an approval rating of 81% among the company's employees. 79.0% of employees surveyed would recommend working at ClearOne to a friend. What other stocks do shareholders of ClearOne own? Based on aggregate information from My MarketBeat watchlists, some companies that other ClearOne investors own include Co-Diagnostics (CODX), iBio (IBIO), Inpixon (INPX), Kopin (KOPN), Novavax (NVAX), Sierra Oncology (SRRA), AT&T (T), AbbVie (ABBV), Achieve Life Sciences (ACHV) and Aethlon Medical (AEMD). What is ClearOne's stock symbol? ClearOne trades on the NASDAQ under the ticker symbol "CLRO." Who are ClearOne's major shareholders? ClearOne's stock is owned by many different institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (1.88%). Insiders that own company stock include Bruce Whaley, Clearone, Inc, Derek Graham, Edward D Bagley, Edward D Bagley, Larry Hendricks, Lisa Higley, Narasimhan Narayanan and Zeynep Hakimoglu. View institutional ownership trends. How do I buy shares of ClearOne? Shares of CLRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ClearOne's stock price today? One share of CLRO stock can currently be purchased for approximately $1.15. How much money does ClearOne make? ClearOne (NASDAQ:CLRO) has a market capitalization of $27.55 million and generates $25.20 million in revenue each year. The communications equipment provider earns $20.56 million in net income (profit) each year or $0.88 on an earnings per share basis. How many employees does ClearOne have? The company employs 126 workers across the globe. How can I contact ClearOne? ClearOne's mailing address is 5225 WILEY POST WAY SUITE 500, SALT LAKE CITY UT, 84116. The official website for the company is www.clearone.com. The communications equipment provider can be reached via phone at (801) 975-7200, via email at investor_relations@clearone.com, or via fax at 801-303-5711. This page (NASDAQ:CLRO) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ClearOne, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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