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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
GitLab is developing an AI-powered market reversal 
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
GitLab is developing an AI-powered market reversal 
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
A trial deciding if JetBlue can buy Spirit — and further consolidate the industry — nears its end
GitLab is developing an AI-powered market reversal 

CDW Stock Price, News & Analysis (NASDAQ:CDW)

$210.41
-2.19 (-1.03%)
(As of 12/5/2023 ET)
Compare
Today's Range
$208.97
$212.00
50-Day Range
$197.05
$218.92
52-Week Range
$160.66
$219.71
Volume
481,405 shs
Average Volume
781,588 shs
Market Capitalization
$28.19 billion
P/E Ratio
26.27
Dividend Yield
1.18%
Price Target
$213.20

CDW MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
1.3% Upside
$213.20 Price Target
Short Interest
Healthy
1.49% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.84mentions of CDW in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$10.50 M Sold Last Quarter
Proj. Earnings Growth
4.49%
From $9.36 to $9.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Computer And Technology Sector

192nd out of 592 stocks

Catalog & Mail - Order Houses Industry

7th out of 24 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, hybrid, and cloud capabilities across hybrid infrastructure, digital experience, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides 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

CDW Corporation (CDW)
Lithium Discovery So BIG You Can't Miss it, Even From Space
With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!
Peering Into CDW's Recent Short Interest
Focus on These 4 Stocks That Recently Hiked Dividends
CDW Corp's Dividend Analysis
Lithium Discovery So BIG You Can't Miss it, Even From Space
With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!
Arctic Wolf Recognized as a 2023 CDW Partner of the Year
CDW (NASDAQ:CDW) Could Be A Buy For Its Upcoming Dividend
CDW Corp CDW
CDW's (NASDAQ:CDW) Dividend Will Be Increased To $0.62
Q3 2023 CDW Corp Earnings Call
The CDW Corp (CDW) Company: A Short SWOT Analysis
CDW Raises Quarterly Dividend by 5.1%
CDW raises dividend by 5% to $0.62/share
See More Headlines
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Company Calendar

Ex-Dividend for 9/12 Dividend
8/24/2023
Dividend Payable
9/12/2023
Last Earnings
11/01/2023
Ex-Dividend for 12/12 Dividend
11/22/2023
Today
12/06/2023
Dividend Payable
12/12/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/14/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
N/A
Current Symbol
NASDAQ:CDW
Fax
N/A
Employees
10,600
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$213.20
High Stock Price Target
$250.00
Low Stock Price Target
$185.00
Potential Upside/Downside
+1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$1.11 billion
Pretax Margin
6.66%

Debt

Sales & Book Value

Annual Sales
$23.75 billion
Cash Flow
$11.49 per share
Book Value
$11.84 per share

Miscellaneous

Free Float
132,821,000
Market Cap
$28.19 billion
Optionable
Optionable
Beta
1.09

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Should I Buy CDW Stock? CDW Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of CDW was last updated on Tuesday, November 28, 2023 at 11:51 AM.

Pros

Here are some ways that investors could benefit from investing in CDW Co.:

  • CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada, offering a wide market reach for potential growth.
  • CDW operates through three segments: Corporate, Small Business, and Public, allowing diversification and exposure to different customer bases.
  • CDW offers integrated IT solutions, including on-premise, hybrid, and cloud capabilities, which align with the growing trend of digital transformation in businesses.
  • CDW provides advisory and design, software development, implementation, managed, professional, configuration, partner, and telecom services, offering a comprehensive suite of services to meet customer needs.
  • CDW serves government, education, and healthcare customers, which are sectors with consistent demand for IT solutions and services.

Cons

Investors should be bearish about investing in CDW Co. for these reasons:

  • CDW operates in the catalog and mail-order houses industry, which may face challenges due to the shift towards online purchasing and competition from e-commerce giants.
  • The IT solutions market is highly competitive, and CDW faces competition from both established players and emerging startups.
  • CDW's stock price is subject to market fluctuations and may be influenced by factors such as economic conditions, industry trends, and company performance.
  • Investing in CDW Co. involves risks associated with the IT industry, including technological advancements, cybersecurity threats, and changes in customer preferences.
  • CDW's financial performance may be impacted by factors such as changes in government policies, regulatory environment, and global economic conditions.














CDW Stock Analysis - Frequently Asked Questions

Should I buy or sell CDW stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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?

9 analysts have issued 12-month price targets for CDW's shares. Their CDW share price targets range from $185.00 to $250.00. On average, they expect the company's stock price to reach $213.20 in the next twelve months. This suggests a possible upside of 1.3% 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 2023?

CDW's stock was trading at $178.58 at the beginning of the year. Since then, CDW shares have increased by 17.8% and is now trading at $210.41.
View the best growth stocks for 2023 here
.

When is CDW's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our CDW earnings forecast
.

How were CDW's earnings last quarter?

CDW Co. (NASDAQ:CDW) released its earnings results on Wednesday, November, 1st. The information technology services provider reported $2.60 earnings per share for the quarter, topping analysts' consensus estimates of $2.44 by $0.16. The information technology services provider earned $5.63 billion during the quarter, compared to analyst estimates of $5.82 billion. CDW had a trailing twelve-month return on equity of 78.15% and a net margin of 5.03%.

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

CDW announced a quarterly dividend on Wednesday, November 22nd. Shareholders of record on Friday, November 24th will be given a dividend of $0.62 per share on Tuesday, December 12th. This represents a $2.48 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Wednesday, November 22nd. This is a boost from the stock's previous quarterly dividend of $0.59.
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 1.17%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and 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 25.36% 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 has approved a share repurchase program on Wednesday, February 8th 2023, which allows the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership 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 CA (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 variety of institutional and retail investors. Top institutional shareholders include FMR LLC (5.49%), Morgan Stanley (5.00%), Mawer Investment Management Ltd. (2.33%), Wellington Management Group LLP (2.00%), JPMorgan Chase & Co. (1.33%) and Invesco Ltd. (1.11%). Insiders that own company stock include Albert Joseph Miralles Jr, Christina M Corley, Christina M Corley, Christine A Leahy, Collin B Kebo, Donna F Zarcone and Frederick J Kulevich.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/6/2023 by MarketBeat.com Staff

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