NASDAQ:CDW CDW (CDW) Stock Forecast, Price & News $170.06 -2.16 (-1.25%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$168.49▼$171.8350-Day Range$163.13▼$194.8952-Week Range$147.91▼$215.00Volume1.04 million shsAverage Volume915,454 shsMarket Capitalization$22.92 billionP/E Ratio21.31Dividend Yield1.39%Price Target$205.63 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CDW MarketRank™ ForecastAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside20.9% Upside$205.63 Price TargetShort InterestHealthy1.18% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.05Upright™ Environmental ScoreNews Sentiment0.37Based on 6 Articles This WeekInsider TradingAcquiring Shares$499,041 Bought Last QuarterProj. Earnings Growth9.61%From $9.05 to $9.92 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.07 out of 5 starsComputer And Technology Sector17th out of 598 stocksCatalog & Mail - Order Houses Industry1st out of 27 stocks 3.4 Analyst's Opinion Consensus RatingCDW has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $205.63, CDW has a forecasted upside of 20.9% from its current price of $170.06.Amount of Analyst CoverageCDW has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.18% of the float of CDW has been sold short.Short Interest Ratio / Days to CoverCDW has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CDW has recently decreased by 3.05%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldCDW pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCDW has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of CDW is 29.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CDW will have a dividend payout ratio of 23.79% next year. This indicates that CDW will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCDW has received a 23.76% net impact score from Upright. CDW seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Cybersecurity software", "Data center services", "Wholesale of data center emergency power generators", "Wholesale of data center racks", and "Wholesale of network gateways" products. See details.Environmental SustainabilityThe Environmental Impact score for CDW is -1.05. Previous Next 1.9 News and Social Media Coverage News SentimentCDW has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for CDW this week, compared to 7 articles on an average week.Search InterestOnly 7 people have searched for CDW on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.MarketBeat Follows8 people have added CDW to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CDW insiders have bought more of their company's stock than they have sold. Specifically, they have bought $499,041.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.85% of the stock of CDW is held by insiders.Percentage Held by Institutions92.78% of the stock of CDW is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for CDW are expected to grow by 9.61% in the coming year, from $9.05 to $9.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CDW is 21.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.23.Price to Earnings Ratio vs. SectorThe P/E ratio of CDW is 21.31, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 360.23.Price to Earnings Growth RatioCDW has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCDW has a P/B Ratio of 14.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CDW (NASDAQ:CDW) StockCDW Corp. engages in the provision of information technology solutions to small, medium, and large business, government, education, and healthcare customers. It operates through the following segments: Corporate, Small Business, Public, and Other. The Public segment includes government agencies and education and healthcare institutions. The Other segment focuses on CDW UK and Canada. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.Read More Receive CDW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CDW and its competitors with MarketBeat's FREE daily newsletter. Email Address CDW Stock News HeadlinesJune 8, 2023 | msn.comCDW Corporation: Mixed Results Warrants A Hold RatingJune 2, 2023 | finance.yahoo.comWhy Is CDW (CDW) Up 5.8% Since Last Earnings Report?June 9, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 31, 2023 | marketwatch.comCDW Corp. stock outperforms market on strong trading dayMay 25, 2023 | finance.yahoo.comCDW (NASDAQ:CDW) sheds 4.0% this week, as yearly returns fall more in line with earnings growthMay 25, 2023 | americanbankingnews.comCDW Co. (NASDAQ:CDW) Receives $205.63 Consensus Target Price from AnalystsMay 22, 2023 | americanbankingnews.comCDW Co. (CDW) To Go Ex-Dividend on May 24thMay 21, 2023 | americanbankingnews.comCDW (NASDAQ:CDW) Earns Hold Rating from Analysts at StockNews.comJune 9, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 19, 2023 | investorplace.comWhy Is CaliberCos (CWD) Stock Moving Today?May 19, 2023 | msn.comUS manufacturers can't shake that inflation feeling even as supply snarls easeMay 18, 2023 | finance.yahoo.comUS exchanges to bust erroneous CDW Corp trades after shares briefly dive 96%May 18, 2023 | finance.yahoo.comCDW Stock-Ticker Mixup Briefly Wipes Out $22 Billion in ValueMay 18, 2023 | msn.comNYSE investigating potential trading error in CDW after brief and steep drop: ReutersMay 18, 2023 | msn.comNYSE to bust erroneous trades in CDW Corp sharesMay 16, 2023 | msn.comDeath Cross Looms Over CDW InvestorsMay 11, 2023 | finance.yahoo.comMorgan Stanley’s Top 15 Stock Picks For 2023May 10, 2023 | msn.comCDW's Return on Invested Capital InsightsMay 10, 2023 | marketwatch.comCDW Corp. stock outperforms competitors on strong trading dayMay 10, 2023 | marketwatch.comCDW Corp. stock underperforms Wednesday when compared to competitors despite daily gainsMay 8, 2023 | finance.yahoo.comCDW to Participate in the J.P. Morgan 51st Annual Global Technology, Media & Communications ConferenceMay 7, 2023 | americanbankingnews.comCDW (NASDAQ:CDW) Price Target Cut to $190.00May 7, 2023 | americanbankingnews.comBank of America Cuts CDW (NASDAQ:CDW) Price Target to $185.00May 4, 2023 | finance.yahoo.comQ1 2023 CDW Corp Earnings CallMay 3, 2023 | finance.yahoo.comCDW Reports First Quarter 2023 EarningsMay 3, 2023 | finance.yahoo.comCDW Declares Quarterly Cash Dividend of $0.59 Per ShareMay 2, 2023 | americanbankingnews.comCDW Co. (NASDAQ:CDW) Given Consensus Rating of "Moderate Buy" by BrokeragesSee More Headlines CDW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CDW Company Calendar Last Earnings2/08/2023Ex-Dividend for 3/10 Dividend2/23/2023Dividend Payable3/10/2023Ex-Dividend for 6/13 Dividend5/24/2023Today6/08/2023Dividend Payable6/13/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Catalog & mail - order houses Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:CDW CUSIPN/A CIK1402057 Webwww.cdw.com Phone(847) 465-6000FaxN/AEmployees10,600Year Founded1984Price Target and Rating Average Stock Price Forecast$205.63 High Stock Price Forecast$230.00 Low Stock Price Forecast$185.00 Forecasted Upside/Downside+20.9%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$7.98 Trailing P/E Ratio21.31 Forward P/E Ratio18.79 P/E Growth1.43Net Income$1.11 billion Net Margins4.78% Pretax Margin6.35% Return on Equity90.20% Return on Assets9.53% Debt Debt-to-Equity Ratio3.66 Current Ratio1.31 Quick Ratio1.15 Sales & Book Value Annual Sales$23.75 billion Price / Sales0.97 Cash Flow$11.67 per share Price / Cash Flow14.57 Book Value$11.84 per share Price / Book14.36Miscellaneous Outstanding Shares134,790,000Free Float133,641,000Market Cap$22.92 billion OptionableOptionable Beta1.10 Social Links Key ExecutivesChristine A. LeahyChairman, President, Chief Executive OfficerChristina Marie CorleyChief Operating & Commercial OfficerAlbert Joseph MirallesChief Financial Officer & Senior Vice PresidentSanjay C. SoodChief Technology Officer & Senior Vice PresidentFrederick J. KulevichSecretary, Senior Vice President & General CounselKey CompetitorsVipshopNYSE:VIPSCloudflareNYSE:NETNokia OyjNYSE:NOKZscalerNASDAQ:ZSVeriSignNASDAQ:VRSNView All CompetitorsInsiders & InstitutionsEP Wealth Advisors LLCBought 2,077 shares on 6/5/2023Ownership: 0.002%Aurora Investment CounselSold 5,490 shares on 6/5/2023Ownership: 0.001%Macquarie Group Ltd.Bought 67,906 shares on 6/1/2023Ownership: 0.166%Prelude Capital Management LLCSold 1,551 shares on 6/1/2023Ownership: 0.018%Ontario Teachers Pension Plan BoardBought 966 shares on 6/1/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions CDW Stock - 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 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CDW shares. View CDW analyst ratings or view top-rated stocks. What is CDW's stock price forecast for 2023? 8 Wall Street analysts have issued 12-month price targets for CDW's stock. Their CDW share price forecasts range from $185.00 to $230.00. On average, they predict the company's stock price to reach $205.63 in the next twelve months. This suggests a possible upside of 20.9% 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 on January 1st, 2023. Since then, CDW shares have decreased by 4.8% and is now trading at $170.06. 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, August 2nd 2023. View our CDW earnings forecast. How were CDW's earnings last quarter? CDW Co. (NASDAQ:CDW) issued its earnings results on Wednesday, February, 8th. The information technology services provider reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.02. The information technology services provider had revenue of $5.44 billion for the quarter, compared to analyst estimates of $6.19 billion. CDW had a trailing twelve-month return on equity of 90.20% and a net margin of 4.78%. CDW's quarterly revenue was down 1.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.98 earnings per share. Read the conference call transcript. How often does CDW pay dividends? What is the dividend yield for CDW? CDW declared a quarterly dividend on Wednesday, May 24th. Stockholders of record on Thursday, May 25th will be given a dividend of $0.59 per share on Tuesday, June 13th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Wednesday, May 24th. Read our dividend analysis for CDW. What ETFs hold CDW's stock? ETFs with the largest weight of CDW (NASDAQ:CDW) stock in their portfolio include Argent Mid Cap ETF (AMID), Hennessy Stance ESG Large Cap ETF (STNC), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG), VictoryShares Nasdaq Next 50 ETF (QQQN), Invesco DWA Technology Momentum ETF (PTF), Fidelity Women's Leadership ETF (FDWM), ProShares S&P Technology Dividend Aristocrats ETF (TDV) and Siren DIVCON Leaders Dividend ETF (LEAD). Is CDW a good dividend stock? CDW (NASDAQ:CDW) pays an annual dividend of $2.36 per share and currently has a dividend yield of 1.40%. 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 29.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 23.79% 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 declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 8th 2023, which authorizes the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.8% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued. What guidance has CDW issued on next quarter's earnings? CDW issued an update on its first quarter 2023 earnings guidance on Wednesday, April, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.10 billion-$5.10 billion, compared to the consensus revenue estimate of $5.56 billion. 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). What is CDW's stock symbol? CDW trades on the NASDAQ under the ticker symbol "CDW." Who are CDW's major shareholders? CDW's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.79%), FMR LLC (5.24%), Select Equity Group L.P. (4.18%), State Street Corp (3.92%), Mawer Investment Management Ltd. (2.42%) and Longview Partners Guernsey LTD (2.34%). 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. What is CDW's stock price today? One share of CDW stock can currently be purchased for approximately $170.06. How much money does CDW make? CDW (NASDAQ:CDW) has a market capitalization of $22.92 billion and generates $23.75 billion in revenue each year. The information technology services provider earns $1.11 billion in net income (profit) each year or $7.98 on an earnings per share basis. How many employees does CDW have? The company employs 10,600 workers across the globe. 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 How can I contact CDW? CDW's mailing address is 75 TRI-STATE INTERNATIONAL, LINCOLNSHIRE IL, 60069. The official website for the company is www.cdw.com. The information technology services provider can be reached via phone at (847) 465-6000 or via email at investorrelations@cdw.com. This page (NASDAQ:CDW) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CDW Co. 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