William Blair Increases Earnings Estimates for InterDigital

Key Points

• William Blair has raised its Q2 2025 earnings per share estimates for InterDigital from $2.43 to $4.78, indicating a positive outlook for the wireless communications provider.
• InterDigital's stock opened at $258.20, with a market cap of $6.70 billion and a current P/E ratio of 20.48, reflecting its stable position in the market.
• The company recently declared a quarterly dividend of $0.60 per share, resulting in an annualized dividend yield of 0.9%.

InterDigital, Inc. (NASDAQ:IDCC - Free Report) - Research analysts at William Blair lifted their Q2 2025 earnings estimates for InterDigital in a report released on Wednesday, July 30th. William Blair analyst A. Bhatia now forecasts that the Wireless communications provider will post earnings per share of $4.78 for the quarter, up from their previous estimate of $2.43. The consensus estimate for InterDigital's current full-year earnings is $9.21 per share. William Blair also issued estimates for InterDigital's FY2025 earnings at $12.28 EPS.

InterDigital Trading Down 2.1%

Shares of NASDAQ:IDCC traded down $5.40 during trading on Friday, reaching $252.80. 426,779 shares of the stock were exchanged, compared to its average volume of 274,102. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.76 and a current ratio of 1.96. InterDigital has a 12-month low of $129.76 and a 12-month high of $277.95. The firm has a market cap of $6.56 billion, a price-to-earnings ratio of 18.02, a price-to-earnings-growth ratio of 1.54 and a beta of 1.37. The firm's 50-day moving average price is $225.71 and its 200 day moving average price is $211.23.

InterDigital (NASDAQ:IDCC - Get Free Report) last released its earnings results on Thursday, July 31st. The Wireless communications provider reported $6.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $3.75. InterDigital had a net margin of 51.92% and a return on equity of 53.44%. The business had revenue of $300.60 million for the quarter, compared to analysts' expectations of $167.93 million. During the same period last year, the company earned $4.57 earnings per share. The company's quarterly revenue was up 34.5% on a year-over-year basis.

Institutional Investors Weigh In On InterDigital

Several institutional investors and hedge funds have recently made changes to their positions in the company. Elequin Capital LP acquired a new stake in InterDigital in the fourth quarter worth $29,000. Wayfinding Financial LLC acquired a new stake in InterDigital in the first quarter worth $32,000. Banque Transatlantique SA acquired a new stake in InterDigital in the first quarter worth $33,000. Headlands Technologies LLC acquired a new stake in InterDigital in the first quarter worth $35,000. Finally, Concord Wealth Partners acquired a new stake in InterDigital in the first quarter worth $37,000. 99.83% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at InterDigital

In other InterDigital news, Director John A. Kritzmacher sold 519 shares of the company's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $226.65, for a total value of $117,631.35. Following the completion of the transaction, the director owned 19,774 shares in the company, valued at $4,481,777.10. This represents a 2.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jean F. Rankin sold 606 shares of the company's stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $226.47, for a total value of $137,240.82. Following the completion of the transaction, the director owned 27,353 shares of the company's stock, valued at approximately $6,194,633.91. This represents a 2.17% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,062 shares of company stock worth $920,853 over the last 90 days. 2.80% of the stock is owned by corporate insiders.

InterDigital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 23rd. Shareholders of record on Wednesday, July 9th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Wednesday, July 9th. InterDigital's dividend payout ratio is currently 17.11%.

InterDigital Company Profile

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.