CDW Corporation Company Profile (NASDAQ:CDW)

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

CDW Corporation declared a quarterly dividend on Wednesday, May 3rd. Investors of record on Thursday, May 25th will be paid a dividend of $0.16 per share on Monday, June 12th. This represents a $0.64 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Tuesday, May 23rd. View CDW Corporation's Dividend History.

CDW Corporation (NASDAQ:CDW) released its earnings results on Wednesday, May, 3rd. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.04. The business had revenue of $3.32 billion for the quarter, compared to analysts' expectations of $3.24 billion. CDW Corporation had a return on equity of 55.44% and a net margin of 2.85%. CDW Corporation's revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.67 EPS. View CDW Corporation's Earnings History.

CDW Corporation is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for CDW Corporation.

9 brokers have issued 1 year price objectives for CDW Corporation's stock. Their forecasts range from $48.00 to $71.00. On average, they anticipate CDW Corporation's share price to reach $61.31 in the next year. View Analyst Ratings for CDW Corporation.

Here are some recent quotes from research analysts about CDW Corporation stock:

• 1. According to Zacks Investment Research, "CDW Corporation offers information technology products and services to business, government, education and healthcare customers primarily in the United States and Canada. Its hardware products comprise network communications, notebooks/mobile devices, data storage, video monitors, printers, desktops and servers as well as NetComm products. The company's software services include licensing, licensing management, software solutions and services. In addition, it offers configuration services which include virtualization, collaboration, security, mobility, data centre optimization and cloud computing. CDW Corporation is headquartered in Vernon Hills, Illinois. " (7/18/2017)
• 2. Royal Bank Of Canada analysts commented, "CDW remains a compelling stock to own given its ability to sustain mid/high single digit sales growth and double-digit EPS growth largely driven by organic initiatives. We see room for upside in FY17E driven by multiple factors: 1) Tax Reform, given the current 38% taxrate, 2) potential to sustain mid/high single-digit revenue growth should broader macro accelerate (nascent signs it's happening), 3) capacity to improve capital allocation given solid FCF generation, 4) Potential for EBITDA margins to shift higher as services and solutions mix improves, and 5) Benefit from emerging growth areas within IT including cloud, hyperconverged, and all-flash. Maintain OP and $64 target." (3/6/2017)
• 3. Needham & Company LLC analysts commented, "With strong financials as a positive backdrop, CDW successfully refinanced a portion of it debt this week. The company has been a good steward of shareholder assets and driven outsized returns. We expect these dynamics to continue against what is likely to be, in our view, a better IT spending environment in 2017. We are adjusting our estimates slightly for the more accurate interest expense change, and reiterate our Buy and increase our target to $66 (from $60)." (3/3/2017)

Some companies that are related to CDW Corporation include CGI Group (GIB), Palo Alto Networks (PANW), Gartner (IT), Total System Services (TSS), VeriSign (VRSN), Amdocs Limited (DOX), F5 Networks (FFIV), Jack Henry & Associates (JKHY), Akamai Technologies (AKAM), Fortinet (FTNT), LogMein (LOGM), CSRA (CSRA), Booz Allen Hamilton Holding Corporation (BAH), NCR Corporation (NCR), EPAM Systems (EPAM), Medidata Solutions (MDSO), Aspen Technology (AZPN) and Teradata Corporation (TDC).

CDW Corporation's management team includes the folowing people:

• Thomas E. Richards, Chairman, President and Chief Executive Officer and Director
• Ann E. Ziegler, Senior Vice President and Chief Financial Officer
• Jonathan J. Stevens, Senior Vice President - Operations, Chief Information Officer
• Christine A. Leahy, Senior Vice President - International, Chief Legal Officer and Corporate Secretary, Chief Revenue Officer, General Council
• Douglas E. Eckrote, Senior Vice President - Small Business Sales and E-commerce
• Christina V. Rother, Senior Vice President - Public and Advanced Technology Sales
• Mark Chong, Senior Vice President - Strategy and Marketing
• Dennis G. Berger, Senior Vice President and Chief Coworker Services Officer
• Neal J. Campbell, Senior Vice President - Strategic Solutions and Services
• Christina M. Corley, Senior Vice President - Commercial and International Markets

CDW Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fenimore Asset Management Inc. (1.27%), Hallmark Capital Management Inc. (0.18%), First Quadrant L P CA (0.14%), BB&T Corp (0.10%), KAMES CAPITAL plc (0.06%) and Boston Advisors LLC (0.04%). Company insiders that own CDW Corporation stock include Christina M Corley, Christine A Leahy, Dennis G Berger, Douglas E Eckrote, Glenn M Creamer, Jonathan J Stevens, Madison Dearborn Partners Llc, Neil B Fairfield, Paul J Finnegan and Thomas E Richards. View Institutional Ownership Trends for CDW Corporation.

CDW Corporation's stock was sold by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., KAMES CAPITAL plc, Meeder Asset Management Inc., Hallmark Capital Management Inc., US Bancorp DE and CENTRAL TRUST Co. Company insiders that have sold CDW Corporation stock in the last year include Christina M Corley, Christine A Leahy, Dennis G Berger, Douglas E Eckrote, Jonathan J Stevens, Neil B Fairfield and Thomas E Richards. View Insider Buying and Selling for CDW Corporation.

CDW Corporation's stock was bought by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Boston Advisors LLC, Pensionfund DSM Netherlands, Pensionfund Sabic, James Investment Research Inc., Bedrijfstakpensioenfonds Voor DE Media PNO, Russell Investments Group Ltd. and Insight Capital Research & Management Inc.. View Insider Buying and Selling for CDW Corporation.

Shares of CDW Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CDW Corporation stock can currently be purchased for approximately $63.36.