NASDAQ:CDW CDW - CDW Stock Forecast, Price & News 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. Please log in to your account or sign up in order to add this asset to your watchlist. $194.89 +4.82 (+2.54%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$190.15▼$195.0450-Day Range$185.82▼$214.2552-Week Range$147.91▼$215.00Volume945,096 shsAverage Volume729,786 shsMarket Capitalization$26.43 billionP/E Ratio23.97Dividend Yield1.21%Price Target$221.86 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability CDW MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.8% Upside$221.86 Price TargetShort InterestHealthy1.28% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.05Upright™ Environmental ScoreNews Sentiment0.70Based on 9 Articles This WeekInsider TradingSelling Shares$955,791 Sold Last QuarterProj. Earnings Growth9.12%From $9.87 to $10.77 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.2.78 out of 5 starsComputer And Technology Sector61st out of 618 stocksCatalog & Mail-Order Houses Industry3rd out of 25 stocks 2.5 Analyst's Opinion Consensus RatingCDW has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $221.86, CDW has a forecasted upside of 13.8% from its current price of $194.89.Amount of Analyst CoverageCDW has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.28% of the float of CDW has been sold short.Short Interest Ratio / Days to CoverCDW has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CDW has recently decreased by 2.81%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldCDW pays a meaningful dividend of 1.25%, 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 29.03%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CDW will have a dividend payout ratio of 21.91% 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 2.6 News and Social Media Coverage News SentimentCDW has a news sentiment score of 0.70. 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 higher news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for CDW this week, compared to 8 articles on an average week.Search InterestOnly 13 people have searched for CDW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added CDW to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CDW insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $955,791.00 in company stock.Percentage Held by InsidersOnly 0.67% 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 9.12% in the coming year, from $9.87 to $10.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CDW is 23.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.63.Price to Earnings Ratio vs. SectorThe P/E ratio of CDW is 23.97, 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 283.62.Price to Earnings Growth RatioCDW has a PEG Ratio of 1.46. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCDW has a P/B Ratio of 16.46. 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 HeadlinesMarch 28, 2023 | finance.yahoo.comPaul Finnegan to Retire from CDW Board of DirectorsMarch 25, 2023 | theglobeandmail.comWith cyber criminals more organized and sophisticated than ever, security professionals developing new measures to stay ahead of attackersApril 1, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast.March 22, 2023 | americanbankingnews.comComparing CDW (NASDAQ:CDW) & Onion Global (NYSE:OGBLY)March 4, 2023 | finance.yahoo.comIs Now The Time To Put CDW (NASDAQ:CDW) On Your Watchlist?February 10, 2023 | finance.yahoo.comCDW Full Year 2022 Earnings: Revenues DisappointFebruary 9, 2023 | finance.yahoo.comCDW Corporation (NASDAQ:CDW) Q4 2022 Earnings Call TranscriptFebruary 8, 2023 | markets.businessinsider.comCDW Corporation Q4 Profit Increases, beats estimatesApril 1, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast.February 8, 2023 | finance.yahoo.comCDW Reports Fourth Quarter and Full Year 2022 EarningsFebruary 8, 2023 | finance.yahoo.comCDW Authorizes $750 Million Share Repurchase Program Increase and Declares Quarterly Cash Dividend of $0.59 Per ShareJanuary 25, 2023 | finance.yahoo.comCDW to Announce Fourth Quarter and Full Year 2022 Results on February 8January 23, 2023 | markets.businessinsider.comCDW (CDW): New Buy Recommendation for This Technology GiantJanuary 20, 2023 | finance.yahoo.comHere’s Why You Should Consider Acquiring CDW Corp. (CDW)’s SharesJanuary 18, 2023 | seekingalpha.comCDW Corp.: Excellent Growth Stock To Buy At Right PriceJanuary 14, 2023 | finance.yahoo.comWhy CDW Corporation (NASDAQ:CDW) Could Be Worth WatchingJanuary 5, 2023 | finance.yahoo.comCDW CEO Christine Leahy Appointed Board ChairJanuary 1, 2023 | nz.finance.yahoo.comSlowing Rates Of Return At CDW Holding (SGX:BXE) Leave Little Room For ExcitementDecember 30, 2022 | finance.yahoo.comA Look Into CDW's (NASDAQ:CDW) Impressive Returns On CapitalDecember 16, 2022 | finance.yahoo.comInvestors in CDW (NASDAQ:CDW) have made a impressive return of 182% over the past five yearsDecember 14, 2022 | finance.yahoo.comCDW Applauded by Frost & Sullivan for Managing Digital Transformation Initiatives to Reduce the Cost and Complexity of Cloud DeploymentsDecember 2, 2022 | finance.yahoo.comBullish insiders bet US$1.5m on CDW Corporation (NASDAQ:CDW)November 18, 2022 | finance.yahoo.comHere's What We Like About CDW's (NASDAQ:CDW) Upcoming DividendNovember 5, 2022 | finance.yahoo.comCDW's (NASDAQ:CDW) Shareholders Will Receive A Bigger Dividend Than Last YearNovember 4, 2022 | finance.yahoo.comShould You Be Impressed By CDW Corporation's (NASDAQ:CDW) ROE?October 20, 2022 | barrons.comThis Market Could Get a Lot Worse. You Need a Better Strategy. - Barron'sOctober 19, 2022 | benzinga.comCDW to Announce Third Quarter 2022 Results on November 2 - CDW (NASDAQ:CDW) - BenzingaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings2/08/2023Ex-Dividend for 3/10 Dividend2/23/2023Dividend Payable3/10/2023Today4/01/2023Next Earnings (Estimated)5/03/2023Fiscal 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$221.86 High Stock Price Forecast$230.00 Low Stock Price Forecast$210.00 Forecasted Upside/Downside+13.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$8.13 Trailing P/E Ratio23.97 Forward P/E Ratio19.75 P/E Growth1.46Net Income$1.11 billion Net Margins4.69% Pretax Margin6.26% Return on Equity103.95% Return on Assets9.53% Debt Debt-to-Equity Ratio3.66 Current Ratio1.33 Quick Ratio1.17 Sales & Book Value Annual Sales$23.75 billion Price / Sales1.11 Cash Flow$12.02 per share Price / Cash Flow16.22 Book Value$11.84 per share Price / Book16.46Miscellaneous Outstanding Shares135,590,000Free Float134,684,000Market Cap$26.43 billion OptionableOptionable Beta1.13 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:VIPSNokia OyjNYSE:NOKWiproNYSE:WITFortiveNYSE:FTVDoorDashNYSE:DASHView All CompetitorsInsiders & InstitutionsMetropolitan Life Insurance Co. NYSold 253 shares on 3/31/2023Ownership: 0.006%Neo Ivy Capital ManagementBought 4,278 shares on 3/27/2023Ownership: 0.004%ETF Managers Group LLCBought 161 shares on 3/23/2023Ownership: 0.003%Mather Group LLC.Bought 356 shares on 3/10/2023Ownership: 0.006%Rockefeller Capital Management L.P.Sold 109 shares on 3/6/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions CDW Stock - Frequently Asked Questions Should I buy or sell CDW stock right now? 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. View CDW analyst ratings or view top-rated stocks. What is CDW's stock price forecast for 2023? 8 equities research analysts have issued 12 month price targets for CDW's shares. Their CDW share price forecasts range from $210.00 to $230.00. On average, they expect the company's stock price to reach $221.86 in the next year. This suggests a possible upside of 13.8% 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 stock has increased by 9.1% and is now trading at $194.89. 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, May 3rd 2023. View our CDW earnings forecast. How were CDW's earnings last quarter? CDW Co. (NASDAQ:CDW) issued its quarterly earnings results on Wednesday, February, 8th. The information technology services provider reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.02. The information technology services provider earned $5.44 billion during the quarter, compared to analyst estimates of $6.19 billion. CDW had a net margin of 4.69% and a trailing twelve-month return on equity of 103.95%. The business's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.98 EPS. 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, February 8th. Shareholders of record on Friday, February 24th will be given a dividend of $0.59 per share on Friday, March 10th. This represents a $2.36 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Thursday, February 23rd. 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), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG), VictoryShares Nasdaq Next 50 ETF (QQQN), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Siren DIVCON Leaders Dividend ETF (LEAD), Invesco DWA Technology Momentum ETF (PTF), Fidelity Women's Leadership ETF (FDWM) and Invesco Zacks Mid-Cap ETF (CZA). 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 1.27%. 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 29.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 21.91% 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 authorized a share repurchase plan on Wednesday, February 8th 2023, which authorizes the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its stock is 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). 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 number of retail and institutional investors. Top institutional investors include Select Equity Group L.P. (5.01%), Alliancebernstein L.P. (3.68%), Mawer Investment Management Ltd. (2.44%), Longview Partners Guernsey LTD (2.25%), Amundi (2.25%) and Geode Capital Management LLC (2.08%). 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, Douglas E Eckrote, Frederick J Kulevich and Matthew A Troka. 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 $194.89. How much money does CDW make? CDW (NASDAQ:CDW) has a market capitalization of $26.43 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 $8.13 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 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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