NASDAQ:CDWCDW Stock Price, Forecast & News

CDW's stock was trading at $102.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CDW stock has increased by 13.8% and is now trading at $117.06. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CDW.

CDW is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for CDW.

CDW (NASDAQ:CDW) announced its quarterly earnings results on Wednesday, May, 6th. The information technology services provider reported $1.38 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.34 by $0.04. The information technology services provider earned $4.39 billion during the quarter, compared to the consensus estimate of $4.38 billion. CDW had a return on equity of 97.93% and a net margin of 4.07%. The business's quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.24 earnings per share. View CDW's earnings history.

CDW declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, May 25th will be given a dividend of $0.38 per share on Wednesday, June 10th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Thursday, May 21st. View CDW's dividend history.

7 analysts have issued 12-month price objectives for CDW's stock. Their forecasts range from $115.00 to $150.00. On average, they expect CDW's stock price to reach $128.14 in the next year. This suggests a possible upside of 9.5% from the stock's current price. View analysts' price targets for CDW.

News stories about CDW stock have trended positive on Thursday, InfoTrie reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CDW earned a news sentiment score of 2.1 on InfoTrie's scale. They also gave headlines about the information technology services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news about CDW.

Some companies that are related to CDW include Wayfair (W), Chewy (CHWY), Vipshop (VIPS), Qurate Retail Inc Series A (QRTEA), Stitch Fix (SFIX), Baozun (BZUN), Overstock.com (OSTK), Insight Enterprises (NSIT), Revolve Group (RVLV), PC Connection (CNXN), Jumia Technologies (JMIA), PCM (PCMI), Ruhnn (RUHN), EVINE Live (EVLV) and Blue Apron (APRN). View all competitors.

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), Athabasca Oil (ATH), Micron Technology (MU), Northern Tier Energy (NTI), NIC (EGOV), Zoetis (ZTS) and Workday (WDAY).

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

CDW's stock is owned by a number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.33%), Raub Brock Capital Management LP (0.13%), Gateway Investment Advisers LLC (0.09%), State of Alaska Department of Revenue (0.04%), Manning & Napier Group LLC (0.01%) and DNB Asset Management AS (0.01%). Company insiders that own CDW stock include Christina M Corley, Christina V Rother, Christine A Leahy, Collin B Kebo, Douglas E Eckrote, Frederick J Kulevich, Jill M Billhorn, Mark Chong, Matthew A Troka, Neil B Fairfield, Robert F Kirby, Steven W Alesio 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 Wedge Capital Management L L P NC, DNB Asset Management AS, State of Alaska Department of Revenue, Cox Capital Mgt LLC, CENTRAL TRUST Co, OmniStar Financial Group Inc., IFM Investors Pty Ltd, and Raub Brock Capital Management LP. Company insiders that have sold CDW company stock in the last year include Collin B Kebo, Douglas E Eckrote, Jill M Billhorn, Mark Chong, Matthew A Troka, Neil B Fairfield, Robert F Kirby, and Thomas E Richards. View insider buying and selling activity for CDW.

CDW stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Diversified Trust Co, Envestnet Asset Management Inc., Mayfair Advisory Group LLC, BEAM Asset Management LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, Town & Country Bank & Trust CO dba First Bankers Trust CO, and Municipal Employees Retirement System of Michigan. View insider buying and selling activity for CDW.

Shares of CDW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CDW stock can currently be purchased for approximately $117.06.

CDW has a market capitalization of $16.65 billion and generates $18.03 billion in revenue each year. The information technology services provider earns $736.80 million in net income (profit) each year or $6.02 on an earnings per share basis. CDW employs 6,800 workers across the globe.

The official website for CDW is www.cdw.com.

CDW's mailing address is 75 TRI-STATE INTERNATIONAL, LINCOLNSHIRE IL, 60069. The information technology services provider can be reached via phone at 847-465-6000 or via email at [email protected]