CDW - CDW Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 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.

7 brokerages have issued 12 month price targets for CDW's shares. Their CDW share price forecasts range from $200.00 to $235.00. On average, they predict the company's stock price to reach $214.83 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
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CDW's stock was trading at $204.78 on January 1st, 2022. Since then, CDW shares have decreased by 10.4% and is now trading at $183.55.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CDW earnings forecast.

CDW Co. (NASDAQ:CDW) announced its quarterly earnings data on Wednesday, August, 3rd. The information technology services provider reported $2.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.05. The information technology services provider earned $6.15 billion during the quarter, compared to the consensus estimate of $6.15 billion. CDW had a net margin of 4.41% and a trailing twelve-month return on equity of 132.68%. CDW's revenue was up 19.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.92 earnings per share.
Read the conference call transcript.

CDW declared a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Thursday, August 25th will be given a dividend of $0.50 per share on Friday, September 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Wednesday, August 24th.
Read our dividend analysis for CDW.

CDW (NASDAQ:CDW) pays an annual dividend of $2.00 per share and currently has a dividend yield of 1.10%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 27.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 19.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CDW.

CDW announced that its Board of Directors has approved a share buyback plan on Wednesday, February 10th 2021, which allows the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

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).

CDW trades on the NASDAQ under the ticker symbol "CDW."

CDW's stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (3.78%), FMR LLC (3.60%), Mawer Investment Management Ltd. (2.82%), Northern Trust Corp (1.06%), JPMorgan Chase & Co. (1.06%) and Fenimore Asset Management Inc. (0.96%). Insiders that own company stock include Albert Joseph Miralles Jr, Christina M Corley, Christina M Corley, Christine A Leahy, Collin B Kebo, Collin B Kebo, Donna F Zarcone, Douglas E Eckrote, Frederick J Kulevich, Mark Chong, Matthew A Troka, Robert F Kirby and Thomas E Richards.
View institutional ownership trends.

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.
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One share of CDW stock can currently be purchased for approximately $183.55.

CDW (NASDAQ:CDW) has a market capitalization of $24.80 billion and generates $20.82 billion in revenue each year. The information technology services provider earns $988.60 million in net income (profit) each year or $7.35 on an earnings per share basis.

The company employs 9,900 workers across the globe.

CDW was founded in 1984.

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.