CDW Stock Forecast, Price & News

CDW's stock was trading at $102.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CDW shares have increased by 28.0% and is now trading at $131.67.
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8 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CDW or view MarketBeat's top 5 stock picks.

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CDW is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for CDW.

CDW Co. (NASDAQ:CDW) released its quarterly earnings data on Monday, November, 2nd. The information technology services provider reported $1.83 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.51 by $0.32. The information technology services provider had revenue of $4.76 billion for the quarter, compared to analysts' expectations of $4.57 billion. CDW had a net margin of 4.08% and a return on equity of 88.43%. The business's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the company earned $1.70 EPS.
View CDW's earnings history.

CDW declared a quarterly dividend on Monday, November 2nd. Shareholders of record on Wednesday, November 25th will be given a dividend of $0.40 per share on Thursday, December 10th. This represents a $1.60 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Tuesday, November 24th. This is a boost from CDW's previous quarterly dividend of $0.38.
View CDW's dividend history.

8 brokerages have issued 12-month target prices for CDW's shares. Their forecasts range from $115.00 to $150.00. On average, they expect CDW's stock price to reach $134.89 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
View analysts' price targets for CDW.

CDW saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,980,000 shares, an increase of 25.3% from the October 31st total of 1,580,000 shares. Based on an average daily volume of 860,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.4% of the company's shares are sold short.
View CDW's Short Interest.

Some companies that are related to CDW include Chewy (CHWY), Wayfair (W), Vipshop (VIPS), Qurate Retail (QRTEA), Stitch Fix (SFIX), Overstock.com (OSTK), Insight Enterprises (NSIT), Jumia Technologies (JMIA), Baozun (BZUN), Revolve Group (RVLV), PC Connection (CNXN), EVINE Live (EVLV), LightInTheBox (LITB), Ruhnn (RUHN) and Blue Apron (APRN).
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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 Co. (ATH.TO) (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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.00%), State Street Corp (3.99%), Neuberger Berman Group LLC (2.19%), Wells Fargo & Company MN (1.61%), JPMorgan Chase & Co. (1.23%) and AQR Capital Management LLC (0.79%). Company insiders that own CDW stock include Christina M Corley, Christina V Rother, Christine A Leahy, Collin B Kebo, Douglas E Eckrote, 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 BlackRock Inc., State Street Corp, Jennison Associates LLC, Natixis, NN Investment Partners Holdings N.V., Squarepoint Ops LLC, Oribel Capital Management LP, and Achmea Investment Management B.V.. Company insiders that have sold CDW company stock in the last year include Collin B Kebo, Douglas E Eckrote, Mark Chong, Matthew A Troka, Robert F Kirby, and Thomas E Richards.
View insider buying and selling activity for CDW.

CDW stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Teacher Retirement System of Texas, Manning & Napier Group LLC, AQR Capital Management LLC, ValueAct Holdings L.P., Nuveen Asset Management LLC, Bartlett & Co. LLC, and Raymond James & Associates.
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 $131.67.

CDW has a market capitalization of $18.83 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]