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NASDAQ:CDW

CDW (CDW) Stock Price, News & Analysis

$220.71
-4.49 (-1.99%)
(As of 05/29/2024 ET)
Today's Range
$220.29
$224.44
50-Day Range
$214.61
$257.87
52-Week Range
$167.73
$263.37
Volume
1.35 million shs
Average Volume
738,373 shs
Market Capitalization
$29.66 billion
P/E Ratio
27.55
Dividend Yield
1.12%
Price Target
$247.50

CDW MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
12.1% Upside
$247.50 Price Target
Short Interest
Healthy
1.55% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
1.06mentions of CDW in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.31%
From $9.67 to $10.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.96 out of 5 stars

Computer And Technology Sector

29th out of 604 stocks

Catalog & Mail - Order Houses Industry

1st out of 21 stocks

CDW stock logo

About CDW Stock (NASDAQ:CDW)

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, desktop computers, collaboration, data storage and servers, and others; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, managed, professional, configuration, partner, and telecom services, as well as warranties; delivers and manages mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. CDW Corporation was founded in 1984 and is headquartered in Vernon Hills, Illinois.

CDW Stock Price History

CDW Stock News Headlines

Collision Damage Waiver (CDW)
Cracking The Code: Understanding Analyst Reviews For CDW
Q1 2024 CDW Corp Earnings Call
Q1 2024 CDW Corp Earnings Call Transcript
CDW Corporation Q1 Profit Decreases, misses estimates
CDW Reports First Quarter 2024 Earnings
iQor Qares to Host 7th Annual Charity Golf Tournament
CDW to Announce First Quarter 2024 Results on May 1
See More Headlines
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Company Calendar

Ex-Dividend for 3/12 Dividend
2/23/2024
Dividend Payable
3/12/2024
Last Earnings
5/01/2024
Ex-Dividend for 6/11 Dividend
5/23/2024
Today
5/29/2024
Dividend Payable
6/11/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
N/A
Current Symbol
NASDAQ:CDW
Fax
N/A
Employees
10,900
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$247.50
High Stock Price Target
$300.00
Low Stock Price Target
$216.00
Potential Upside/Downside
+9.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$1.10 billion
Pretax Margin
6.76%

Debt

Sales & Book Value

Annual Sales
$21.38 billion
Cash Flow
$11.43 per share
Book Value
$15.91 per share

Miscellaneous

Free Float
133,188,000
Market Cap
$30.27 billion
Optionable
Optionable
Beta
1.09

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CDW Stock Analysis - Frequently Asked Questions

Should I buy or sell CDW stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CDW shares.
View CDW analyst ratings
or view top-rated stocks.

What is CDW's stock price target for 2024?

8 equities research analysts have issued 1 year target prices for CDW's stock. Their CDW share price targets range from $216.00 to $300.00. On average, they expect the company's stock price to reach $247.50 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price.
View analysts price targets for CDW
or view top-rated stocks among Wall Street analysts.

How have CDW shares performed in 2024?

CDW's stock was trading at $227.32 at the beginning of the year. Since then, CDW stock has decreased by 2.9% and is now trading at $220.71.
View the best growth stocks for 2024 here
.

Are investors shorting CDW?

CDW saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,070,000 shares, a drop of 18.2% from the April 30th total of 2,530,000 shares. Based on an average trading volume of 701,400 shares, the short-interest ratio is presently 3.0 days. Currently, 1.6% of the shares of the company are short sold.
View CDW's Short Interest
.

When is CDW's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CDW earnings forecast
.

How were CDW's earnings last quarter?

CDW Co. (NASDAQ:CDW) released its earnings results on Wednesday, May, 1st. The information technology services provider reported $1.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.04 by $0.15. The information technology services provider had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.94 billion. CDW had a net margin of 5.16% and a trailing twelve-month return on equity of 67.56%.

How often does CDW pay dividends? What is the dividend yield for CDW?

CDW announced a quarterly dividend on Thursday, May 23rd. Investors of record on Friday, May 24th will be paid a dividend of $0.62 per share on Tuesday, June 11th. This represents a $2.48 annualized dividend and a yield of 1.12%. The ex-dividend date of this dividend is Thursday, May 23rd.
Read our dividend analysis for CDW
.

Is CDW a good dividend stock?

CDW (NASDAQ:CDW) pays an annual dividend of $2.48 per share and currently has a dividend yield of 1.07%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 30.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 23.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CDW.

How will CDW's stock buyback program work?

CDW announced that its Board of Directors has approved a stock buyback program on Wednesday, February 7th 2024, which allows the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

What other stocks do shareholders of CDW own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CDW investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Accenture (ACN), Athabasca Oil (ATH), Intel (INTC), Zoetis (ZTS) and AutoZone (AZO).

Who are CDW's major shareholders?

CDW's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.21%), Mawer Investment Management Ltd. (2.31%), Longview Partners Guernsey LTD (2.25%), Mitsubishi UFJ Asset Management Co. Ltd. (1.07%), Cantillon Capital Management LLC (1.03%) and Bank of New York Mellon Corp (0.74%). Insiders that own company stock include Albert Joseph Miralles Jr, Christina M Corley, Christina M Corley, Christine A Leahy and Donna F Zarcone.
View institutional ownership trends
.

How do I buy shares of CDW?

Shares of CDW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does CDW have any subsidiaries?
The following companies are subsidiares of CDW: Aptris Inc, Berbee, CDW Canada Corp., CDW Direct LLC, CDW Finance Bidco Limited, CDW Finance Corporation, CDW Finance Holdings Limited, CDW Finance Topco Limited, CDW Government LLC, CDW International Holdings Limited, CDW LLC, CDW Limited, CDW Logistics Inc., CDW NA Limited, CDW Technologies LLC, Kelway TopCo Limited, and Scalar Decisions.
Read More
This page (NASDAQ:CDW) was last updated on 5/29/2024 by MarketBeat.com Staff

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