CDW - CDW Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CDW in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CDW shares.
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8 analysts have issued 1 year price targets for CDW's shares. Their CDW share price forecasts range from $200.00 to $225.00. On average, they predict the company's share price to reach $213.14 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
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CDW's stock was trading at $178.58 on January 1st, 2023. Since then, CDW shares have increased by 12.6% and is now trading at $201.08.
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CDW saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,100,000 shares, an increase of 6.8% from the December 31st total of 1,030,000 shares. Based on an average daily volume of 634,300 shares, the short-interest ratio is presently 1.7 days. Currently, 0.8% of the shares of the stock are sold short.
View CDW's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our CDW earnings forecast.

CDW will be holding an earnings conference call on Wednesday, February 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

CDW Co. (NASDAQ:CDW) issued its quarterly earnings results on Wednesday, November, 3rd. The information technology services provider reported $2.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.05 by $0.08. The information technology services provider had revenue of $5.30 billion for the quarter, compared to the consensus estimate of $5.32 billion. CDW had a net margin of 4.37% and a trailing twelve-month return on equity of 121.34%. The firm's revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 EPS.
Read the conference call transcript.

CDW declared a quarterly dividend on Wednesday, November 2nd. Investors of record on Friday, November 25th will be given a dividend of $0.59 per share on Friday, December 9th. This represents a $2.36 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Wednesday, November 23rd. This is an increase from the stock's previous quarterly dividend of $0.50.
Read our dividend analysis for CDW.

CDW (NASDAQ:CDW) pays an annual dividend of $2.36 per share and currently has a dividend yield of 1.17%. 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 31.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 23.60% 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 authorized a stock repurchase program on Wednesday, February 10th 2021, which permits the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 5.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is 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 Fenimore Asset Management Inc. (0.95%), Argent Capital Management LLC (0.34%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Wedge Capital Management L L P NC (0.25%), Bartlett & Co. LLC (0.16%) and Cornerstone Investment Partners LLC (0.15%). 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 and Robert F Kirby.
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 $201.08.

CDW (NASDAQ:CDW) has a market capitalization of $27.22 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 $7.61 on an earnings per share basis.

The company employs 9,900 workers across the globe.

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.