CDW - CDW Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. 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.

8 analysts have issued 12-month target prices for CDW's stock. Their CDW share price forecasts range from $200.00 to $225.00. On average, they predict the company's stock price to reach $213.14 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for CDW or view top-rated stocks among Wall Street analysts.

CDW's stock was trading at $178.58 at the beginning of 2023. Since then, CDW stock has increased by 12.6% and is now trading at $201.08.
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CDW saw a increase in short interest in the month of 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 trading volume, of 634,300 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.8% of the company's shares are short sold.
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) posted its quarterly earnings results on Wednesday, November, 3rd. The information technology services provider reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.08. The information technology services provider earned $5.30 billion during 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 company's quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company posted $1.78 EPS.
Read the conference call transcript.

CDW declared a quarterly dividend on Wednesday, November 2nd. Shareholders 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 dividend yield of 1.17%. The ex-dividend date is Wednesday, November 23rd. This is a boost 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 1.18%. 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 declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 10th 2021, which allows the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership 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 variety of retail and institutional investors. Top institutional shareholders 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.