Adeia Stock Price, News & Analysis (NASDAQ:ADEA)

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Adeia in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ADEA shares.
View ADEA analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued twelve-month price targets for Adeia's shares. Their ADEA share price targets range from $16.00 to $16.00. On average, they anticipate the company's share price to reach $16.00 in the next twelve months. This suggests a possible upside of 65.6% from the stock's current price.
View analysts price targets for ADEA or view top-rated stocks among Wall Street analysts.

Adeia's stock was trading at $9.48 at the start of the year. Since then, ADEA shares have increased by 1.9% and is now trading at $9.66.
View the best growth stocks for 2023 here.

Adeia saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 3,010,000 shares, an increase of 18.0% from the October 31st total of 2,550,000 shares. Based on an average daily trading volume, of 515,400 shares, the short-interest ratio is presently 5.8 days. Approximately 3.0% of the company's stock are sold short.
View Adeia's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our ADEA earnings forecast.

Adeia Inc. (NASDAQ:ADEA) released its quarterly earnings data on Monday, November, 6th. The company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.10. The company had revenue of $101.40 million for the quarter, compared to analyst estimates of $89.63 million. Adeia had a trailing twelve-month return on equity of 49.63% and a net margin of 31.69%.

Adeia announced a quarterly dividend on Wednesday, October 25th. Investors of record on Monday, November 27th will be given a dividend of $0.05 per share on Monday, December 18th. This represents a $0.20 annualized dividend and a dividend yield of 2.07%. The ex-dividend date is Friday, November 24th.
Read our dividend analysis for ADEA.

Adeia (NASDAQ:ADEA) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.05%. The dividend payout ratio is 17.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADEA will have a dividend payout ratio of 15.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ADEA.

ETFs with the largest weight of Adeia (NASDAQ:ADEA) stock in their portfolio include Small Cap US Equity Select ETF (RNSC), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Information Technology ETF (PSCT), Columbia Seligman Semiconductor and Technology ETF (SEMI), SPDR S&P Software & Services ETF (XSW), Royce Quant Small-Cap Quality Value ETF (SQLV) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).

Adeia's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (12.07%), Rubric Capital Management LP (4.33%), The Manufacturers Life Insurance Company (2.28%), LSV Asset Management (1.59%), Northern Trust Corp (1.14%) and Bank of New York Mellon Corp (1.13%).
View institutional ownership trends.

Shares of ADEA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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