NASDAQ:ACTG - Acacia Research Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $3.90 0.00 (0.00 %) (As of 07/22/2018 04:00 PM ET)Previous Close$3.90Today's Range$3.85 - $4.0052-Week Range$2.90 - $5.50Volume82,048 shsAverage Volume162,683 shsMarket Capitalization$199.87 millionP/E Ratio1.31Dividend YieldN/ABeta0.97 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Acacia Research Corporation, together with its subsidiaries, invests in, licenses, and enforces patented technologies. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It has executed approximately 1,550 license agreements and 193 patent portfolio licensing and enforcement programs. Acacia Research Corporation was founded in 1992 and is headquartered in Newport Beach, California. Receive ACTG News and Ratings via Email Sign-up to receive the latest news and ratings for ACTG and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Patent owners & lessors Sub-IndustryResearch & Consulting Services SectorBusiness Services SymbolNASDAQ:ACTG CUSIP00388130 Webwww.acaciaresearch.com Phone949-480-8300 Debt Debt-to-Equity RatioN/A Current Ratio3.84 Quick Ratio3.84 Price-To-Earnings Trailing P/E Ratio1.31 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$65.40 million Price / Sales3.06 Cash Flow$3.4211 per share Price / Cash1.14 Book Value$5.84 per share Price / Book0.67 Profitability EPS (Most Recent Fiscal Year)$2.97 Net Income$22.18 million Net Margins1.66% Return on Equity42.95% Return on Assets39.10% Miscellaneous Employees13 Outstanding Shares51,250,000Market Cap$199.87 Acacia Research (NASDAQ:ACTG) Frequently Asked Questions What is Acacia Research's stock symbol? Acacia Research trades on the NASDAQ under the ticker symbol "ACTG." How will Acacia Research's stock buyback program work? Acacia Research declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 14th 2018, which permits the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued. How were Acacia Research's earnings last quarter? Acacia Research Corp (NASDAQ:ACTG) issued its quarterly earnings data on Tuesday, May, 1st. The business services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.03) by $0.33. The business services provider earned $62.09 million during the quarter, compared to analyst estimates of $10 million. Acacia Research had a return on equity of 42.95% and a net margin of 1.66%. Acacia Research's quarterly revenue was up 601.6% on a year-over-year basis. During the same quarter last year, the business earned $0.08 EPS. View Acacia Research's Earnings History. When is Acacia Research's next earnings date? Acacia Research is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Acacia Research. What price target have analysts set for ACTG? 1 equities research analysts have issued twelve-month price objectives for Acacia Research's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Acacia Research's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Ratings for Acacia Research. What is the consensus analysts' recommendation for Acacia Research? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acacia Research in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." Who are some of Acacia Research's key competitors? Some companies that are related to Acacia Research include RPX (RPXC), Finjan (FNJN), Quarterhill (QTRH), Joint (JYNT), Digital Turbine (APPS), Liberty Tax (TAX), ITUS (ITUS), MGT Capital Investments (MGTI), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR), ARC Group (ARCK), Walker Innovation (WLKR), Spherix (SPEX) and XpresSpa Group (XSPA). Who are Acacia Research's key executives? Acacia Research's management team includes the folowing people: Mr. Robert B. Stewart Jr., Principal Exec. Officer & Pres (Age 52)Mr. Clayton J. Haynes, CFO, Sr. VP of Fin. & Treasurer (Age 48)Mr. Edward J. Treska, Exec. VP, Gen. Counsel & Sec. (Age 52)Mr. Phillip Mitchell Ph.D., Sr. VP - EngineeringMr. Darren Miller, Sr. VP of Contracts - Legal Has Acacia Research been receiving favorable news coverage? Media coverage about ACTG stock has trended somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Acacia Research earned a coverage optimism score of 0.14 on Accern's scale. They also gave news articles about the business services provider an impact score of 45.61 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future. How do I buy shares of Acacia Research? Shares of ACTG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Acacia Research's stock price today? One share of ACTG stock can currently be purchased for approximately $3.90. How big of a company is Acacia Research? Acacia Research has a market capitalization of $199.87 million and generates $65.40 million in revenue each year. The business services provider earns $22.18 million in net income (profit) each year or $2.97 on an earnings per share basis. Acacia Research employs 13 workers across the globe. How can I contact Acacia Research? Acacia Research's mailing address is 520 NEWPORT CENTER DRIVE 12TH FLOOR, NEWPORT BEACH CA, 92660. The business services provider can be reached via phone at 949-480-8300 or via email at [email protected] MarketBeat Community Rating for Acacia Research (NASDAQ ACTG)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 232 (Vote Outperform)Underperform Votes: 263 (Vote Underperform)Total Votes: 495MarketBeat's community ratings are surveys of what our community members think about Acacia Research and other stocks. Vote "Outperform" if you believe ACTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACTG will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 7/22/2018 by MarketBeat.com StaffFeatured Article: What is the Book Value of a Share?