CDW Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CDW stock.
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7 Wall Street research analysts have issued 12-month target prices for CDW's stock. Their CDW stock forecasts range from $200.00 to $235.00. On average, they predict CDW's share price to reach $214.14 in the next twelve months. This suggests a possible upside of 34.4% from the stock's current price.
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CDW's stock was trading at $204.78 at the beginning of 2022. Since then, CDW stock has decreased by 22.2% and is now trading at $159.37.
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CDW saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 1,470,000 shares, an increase of 40.0% from the May 15th total of 1,050,000 shares. Based on an average daily trading volume, of 868,500 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.1% of the shares of the stock are short sold.
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CDW is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for CDW.

CDW Co. (NASDAQ:CDW) issued its earnings results on Wednesday, May, 4th. The information technology services provider reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.20. The information technology services provider had revenue of $5.95 billion for the quarter, compared to analysts' expectations of $5.67 billion. CDW had a net margin of 4.59% and a trailing twelve-month return on equity of 129.10%. The company's revenue was up 23.0% compared to the same quarter last year. During the same period last year, the company posted $1.77 earnings per share.
View CDW's earnings history.

CDW announced a quarterly dividend on Wednesday, May 4th. Investors of record on Wednesday, May 25th will be given a dividend of $0.50 per share on Friday, June 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Tuesday, May 24th.
View CDW's dividend history.

CDW(NASDAQ:CDW) pays an annual dividend of $2.00 per share and currently has a dividend yield of 1.21%. CDW 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 of CDW is 27.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 20.08% next year. This indicates that CDW will be able to sustain or increase its dividend.
View CDW's dividend history.

CDW declared that its Board of Directors has initiated a stock buyback program on Wednesday, February 10th 2021, which permits the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.6% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Some companies that are related to CDW include Coupang (CPNG), Chewy (CHWY), Vipshop (VIPS), Wayfair (W), Insight Enterprises (NSIT), Ozon (OZON), Revolve Group (RVLV), Dingdong (Cayman) (DDL), Overstock.com (OSTK), Qurate Retail (QRTEA), ContextLogic (WISH), PC Connection (CNXN), Poshmark (POSH), MYT Netherlands Parent B.V. (MYTE) and Baozun (BZUN).
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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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.64%), BlackRock Inc. (8.19%), Select Equity Group L.P. (5.25%), State Street Corp (3.92%), Wellington Management Group LLP (3.65%) and Mawer Investment Management Ltd. (2.86%). Company insiders that own CDW 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, Jill M Billhorn, Mark Chong, Matthew A Troka, Neil B Fairfield, Robert F Kirby and Thomas E Richards.
View institutional ownership trends for CDW.

CDW stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Neuberger Berman Group LLC, Wellington Management Group LLP, Prudential Financial Inc., UBS Group AG, Raymond James & Associates, Renaissance Technologies LLC, and State Street Corp. Company insiders that have sold CDW company stock in the last two years include Christina M Corley, Christine A Leahy, Collin B Kebo, Donna F Zarcone, and Frederick J Kulevich.
View insider buying and selling activity for CDW or view top insider-selling stocks.

CDW stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Alyeska Investment Group L.P., Aaron Wealth Advisors LLC, Victory Capital Management Inc., Virginia Retirement Systems ET AL, Vanguard Group Inc., Mawer Investment Management Ltd., and JPMorgan Chase & Co..
View insider buying and selling activity for CDW or or view top insider-buying stocks.

Shares of CDW 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 $159.37.

CDW (NASDAQ:CDW) has a market capitalization of $21.53 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 $7.239990 on an earnings per share basis.

CDW 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 CDW is www.cdw.com. The information technology services provider can be reached via phone at (847) 465-6000 or via email at [email protected].