Zacks Research Research Analysts Raise Earnings Estimates for InterDigital, Inc. (NASDAQ:IDCC)

InterDigital, Inc. (NASDAQ:IDCC - Free Report) - Investment analysts at Zacks Research lifted their Q1 2025 EPS estimates for shares of InterDigital in a report issued on Thursday, April 18th. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will post earnings of $1.09 per share for the quarter, up from their previous estimate of $1.04. The consensus estimate for InterDigital's current full-year earnings is $7.13 per share. Zacks Research also issued estimates for InterDigital's Q4 2025 earnings at $1.40 EPS and Q1 2026 earnings at $1.09 EPS.

Several other brokerages have also recently commented on IDCC. Bank of America reissued an "underperform" rating and set a $100.00 price target (down from $140.00) on shares of InterDigital in a research report on Monday, April 1st. StockNews.com cut shares of InterDigital from a "buy" rating to a "hold" rating in a research report on Tuesday, March 19th.

InterDigital Stock Up 1.0 %

NASDAQ:IDCC traded up $0.97 on Friday, hitting $96.63. 407,477 shares of the company's stock were exchanged, compared to its average volume of 496,000. The firm has a 50-day moving average price of $103.69 and a 200-day moving average price of $99.24. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.33 and a quick ratio of 1.33. InterDigital has a 52 week low of $66.82 and a 52 week high of $119.86. The company has a market cap of $2.46 billion, a P/E ratio of 12.88, a price-to-earnings-growth ratio of 0.77 and a beta of 1.34.

InterDigital (NASDAQ:IDCC - Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The Wireless communications provider reported $1.16 EPS for the quarter, beating the consensus estimate of $1.00 by $0.16. The business had revenue of $105.52 million for the quarter, compared to analysts' expectations of $104.31 million. InterDigital had a net margin of 38.95% and a return on equity of 37.77%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IDCC. Riverview Trust Co acquired a new position in InterDigital in the 1st quarter valued at about $31,000. Point72 Asset Management L.P. acquired a new position in InterDigital in the 2nd quarter valued at about $39,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in InterDigital in the 3rd quarter valued at about $68,000. Parkside Financial Bank & Trust grew its stake in InterDigital by 12.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,047 shares of the Wireless communications provider's stock valued at $84,000 after buying an additional 114 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its stake in InterDigital by 12.6% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,280 shares of the Wireless communications provider's stock valued at $104,000 after buying an additional 143 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Eeva K. Hakoranta sold 699 shares of the business's stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $95.77, for a total transaction of $66,943.23. Following the transaction, the insider now directly owns 29,984 shares in the company, valued at approximately $2,871,567.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CTO Rajesh Pankaj sold 650 shares of the business's stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $95.33, for a total transaction of $61,964.50. Following the transaction, the chief technology officer now directly owns 64,939 shares in the company, valued at approximately $6,190,634.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Eeva K. Hakoranta sold 699 shares of the business's stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $95.77, for a total transaction of $66,943.23. Following the transaction, the insider now owns 29,984 shares in the company, valued at $2,871,567.68. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

InterDigital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, April 9th. This represents a $1.60 annualized dividend and a yield of 1.66%. InterDigital's dividend payout ratio (DPR) is presently 21.33%.

About InterDigital

InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.