Wi-LAN Inc. is an intellectual property licensing company. The Company develops, acquires, licenses and enforces a range of technologies. The Company's technologies are utilized in products in a range of markets, including communications and consumer electronics, medical, industrial, semiconductor, automotive and aerospace. It has acquired patents and patent applications in various countries. The Company is engaged in licensing its patents to companies that sell products utilizing technologies, including Wireless Fidelity (Wi-Fi), three dimensional (3D) television, automotive headlight assemblies, semiconductor manufacturing and packaging, medical stent, video streaming, building automation, computer gaming, smart meter monitoring and light emitting diode (LED) lighting. The Company is also engaged in licensing of patent portfolios on behalf of its partners and, if necessary, the enforcement of their patented technologies.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Wireless Communications
- Sub-Industry: N/A
- Symbol: NASDAQ:WILN
- CUSIP: N/A
- Web: www.wilan.com
- Market Cap: $167.19 million
- Outstanding Shares: 118,572,000
- 50 Day Moving Avg: $1.76
- 200 Day Moving Avg: $1.68
- 52 Week Range: $1.27 - $3.04
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -35.25
- P/E Growth: -0.47
- Annual Revenue: $70.29 million
- Price / Sales: 2.38
- Book Value: $1.99 per share
- Price / Book: 0.71
- Annual Dividend: $0.04
- Dividend Yield: 2.4%
- EBIDTA: $37.51 million
- Net Margins: 11.90%
- Return on Equity: 4.60%
- Return on Assets: 3.92%
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 4.97%
- Quick Ratio: 5.94%
- Average Volume: 110,002 shs.
- Beta: 0.57
- Short Ratio: 0.53
Frequently Asked Questions for Wi-Lan (NASDAQ:WILN)
What is Wi-Lan's stock symbol?
Wi-Lan trades on the NASDAQ under the ticker symbol "WILN."
How often does Wi-Lan pay dividends? What is the dividend yield for Wi-Lan?
Wi-Lan declared a quarterly dividend on Friday, May 5th. Shareholders of record on Thursday, June 15th will be paid a dividend of $0.0091 per share on Wednesday, July 5th. This represents a $0.04 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend is Tuesday, June 13th. View Wi-Lan's Dividend History.
How will Wi-Lan's stock buyback program work?
Wi-Lan announced that its board has authorized a stock buyback plan on Tuesday, April 11th 2017, which permits the company to buyback 4,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued.
How were Wi-Lan's earnings last quarter?
Wi-Lan Inc (NASDAQ:WILN) announced its quarterly earnings results on Thursday, May, 4th. The company reported ($0.06) EPS for the quarter, missing the Zacks' consensus estimate of $0.09 by $0.15. The business had revenue of $7.58 million for the quarter, compared to analysts' expectations of $26.47 million. Wi-Lan had a net margin of 11.90% and a return on equity of 4.60%. Wi-Lan's revenue was down 74.9% compared to the same quarter last year. During the same period last year, the company earned $0.04 EPS. View Wi-Lan's Earnings History.
Where is Wi-Lan's stock going? Where will Wi-Lan's stock price be in 2017?
2 brokers have issued 1 year price targets for Wi-Lan's shares. Their predictions range from $5.00 to $5.00. On average, they anticipate Wi-Lan's share price to reach $5.00 in the next twelve months. View Analyst Ratings for Wi-Lan.
Who are some of Wi-Lan's key competitors?
Some companies that are related to Wi-Lan include Park Electrochemical Corp. (PKE), Sonus Networks (SONS), Limelight Networks (LLNW), pdvWireless (PDVW), Meet Group (MEET), American Software (AMSWA), Cutera (CUTR), Zix (ZIXI), Servicesource International (SREV), China Distance Education Holdings Ltd (DL), ChannelAdvisor Corp (ECOM), RigNet (RNET), Quantum Corp (QTM), Magnachip Semiconductor Corp (MX), Bel Fuse (BELFB), Intevac (IVAC), Cogint (COGT) and Electro Scientific Industries (ESIO).
Who are Wi-Lan's key executives?
Wi-Lan's management team includes the folowing people:
- W. Paul McCarten, Independent Chairman of the Board
- James Douglas Skippen, President, Chief Executive Officer, Chief Legal Officer, Director
- Michael Shaun McEwan, Chief Financial Officer
- Kenneth Stanwood, President of Wi-LAN Labs, Inc.
- Michael B. Vladescu, Chief Operating Officer
- Andrew Parolin, Senior Vice President and Business Unit Leader
- Doug MacCrae, Vice President - Finance
- Prashant Watchmaker, Vice President - Corporate Legal & Corporate Secretary
- Marc Frechette, Vice President, Business Unit Leader and Senior Patent Counsel
- Paul J. Lerner, Vice President, Business Unit Leader and Senior Patent Counsel
Who owns Wi-Lan stock?
Wi-Lan's stock is owned by a number of of institutional and retail investors. Top institutional investors include Acadian Asset Management LLC (3.22%), O Shaughnessy Asset Management LLC (0.00%), Morgan Stanley (0.00%), Renaissance Technologies LLC (0.00%), Pembroke Management LTD (1.11%) and Spark Investment Management LLC (0.00%). View Institutional Ownership Trends for Wi-Lan.
Who sold Wi-Lan stock? Who is selling Wi-Lan stock?
Wi-Lan's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, California Public Employees Retirement System, Bank of Montreal Can and Russell Investments Group Ltd.. View Insider Buying and Selling for Wi-Lan.
Who bought Wi-Lan stock? Who is buying Wi-Lan stock?
Wi-Lan's stock was purchased by a variety of institutional investors in the last quarter, including Pembroke Management LTD, Renaissance Technologies LLC, Bank of America Corp DE, KCG Holdings Inc., Morgan Stanley, Goldman Sachs Group Inc., Spark Investment Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Wi-Lan.
How do I buy Wi-Lan stock?
Shares of Wi-Lan can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Wi-Lan's stock price today?
MarketBeat Community Rating for Wi-Lan (NASDAQ WILN)MarketBeat's community ratings are surveys of what our community members think about Wi-Lan and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Wi-Lan stock can currently be purchased for approximately $1.41.
Earnings History for Wi-Lan (NASDAQ:WILN)Earnings History by Quarter for Wi-Lan (NASDAQ WILN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2017||3/31/2017||$0.09||($0.06)||$26.47 million||$7.58 million||View||Listen|
|2/9/2017||Q416||$0.06||$0.07||$19.79 million||$30.20 million||View||Listen|
|11/3/2016||Q316||$0.09||$0.01||$21.25 million||$16.60 million||View||N/A|
|7/28/2016||Q216||$0.10||$0.06||$23.46 million||$16.00 million||View||N/A|
|4/27/2016||Q116||$0.11||$0.16||$27.70 million||$30.10 million||View||N/A|
|2/4/2016||Q415||$0.09||$0.13||$21.50 million||$26.00 million||View||N/A|
|11/4/2015||Q315||$0.09||$0.10||$23.90 million||$21.40 million||View||N/A|
|7/29/2015||Q215||$0.17||$0.21||$34.10 million||$35.00 million||View||N/A|
|4/29/2015||Q115||$0.05||$0.06||$20.30 million||$20.40 million||View||N/A|
|1/29/2015||Q414||$0.09||$0.10||$23.00 million||$22.10 million||View||N/A|
|10/29/2014||Q314||$0.10||$0.11||$22.20 million||$24.60 million||View||N/A|
|7/30/2014||Q214||$0.10||$0.14||$21.53 million||$25.70 million||View||N/A|
|4/30/2014||Q114||$0.10||$0.14||$23.22 million||$26.00 million||View||N/A|
|1/30/2014||Q413||$0.12||$0.14||$28.41 million||$29.20 million||View||N/A|
|8/8/2013||Q213||$0.01||($0.01)||$18.01 million||$19.90 million||View||N/A|
|5/8/2013||Q113||$0.01||$18.42 million||$1.40 million||View||N/A|
|3/6/2013||Q412||$0.07||$0.06||$21.85 million||$21.20 million||View||N/A|
|11/6/2012||Q312||$0.08||$0.08||$21.08 million||$21.30 million||View||N/A|
Earnings Estimates for Wi-Lan (NASDAQ:WILN)
Current Year EPS Consensus Estimate: $-0.15 EPS
Next Year EPS Consensus Estimate: $-0.04 EPS
Current Dividend Information for Wi-Lan (NASDAQ:WILN)
|Payout Ratio:||44.45% (Trailing 12 Months of Earnings) |
-26.67% (Based on This Year's Estimates)
-100.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Wi-Lan (NASDAQ WILN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Wi-Lan (NASDAQ:WILN)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Wi-Lan (NASDAQ:WILN)
Latest Headlines for Wi-Lan (NASDAQ:WILN)
Wi-Lan (WILN) Chart for Monday, May, 29, 2017