Wi-LAN Inc (NASDAQ:QTRH) – Equities research analysts at Cormark increased their Q3 2017 earnings per share estimates for shares of Wi-LAN in a research note issued on Tuesday. Cormark analyst R. Peters now anticipates that the company will post earnings of $0.27 per share for the quarter, up from their prior forecast of $0.06. Cormark also issued estimates for Wi-LAN’s Q4 2017 earnings at ($0.01) EPS and FY2017 earnings at $0.23 EPS.

COPYRIGHT VIOLATION WARNING: “Wi-LAN Inc to Post Q3 2017 Earnings of $0.27 Per Share, Cormark Forecasts (QTRH)” was first reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/10/05/wi-lan-inc-to-post-q3-2017-earnings-of-0-27-per-share-cormark-forecasts-qtrh.html.

Separately, ValuEngine upgraded Wi-LAN from a “sell” rating to a “hold” rating in a research report on Monday.

Wi-LAN (QTRH) opened at 1.62 on Thursday. Wi-LAN has a 52 week low of $1.26 and a 52 week high of $2.20. The company has a market cap of $192.18 million, a price-to-earnings ratio of 32.40 and a beta of 0.53. The stock has a 50 day moving average price of $1.44 and a 200 day moving average price of $1.69.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, September 15th will be given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from Wi-LAN’s previous quarterly dividend of $0.01. Wi-LAN’s dividend payout ratio (DPR) is 80.02%.

Wi-LAN Company Profile

Quarterhill Inc, formerly Wi-LAN Inc, is a Canada-based investment holding company focused on growing its business by acquiring technology companies in the Industrial Internet of Things (IIoT) across multiple verticals. The Company targets companies with a broad range of products and services that capture, analyze and interpret data, and that have financial performance, management teams, intellectual property underpinnings and opportunities to develop long-term recurring and growing revenue streams.

Earnings History and Estimates for Wi-LAN (NASDAQ:QTRH)

Receive News & Ratings for Wi-LAN Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wi-LAN Inc and related companies with MarketBeat.com's FREE daily email newsletter.