CDW Stock Forecast, Price & News

CDW's stock was trading at $102.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CDW stock has increased by 28.5% and is now trading at $132.23.
View which stocks have been most impacted by COVID-19.

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) issued its earnings results on Monday, November, 2nd. The information technology services provider reported $1.83 EPS for the quarter, topping the Zacks' consensus estimate of $1.51 by $0.32. The information technology services provider earned $4.76 billion during 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 firm's revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.70 earnings per share.
View CDW's earnings history.

CDW announced a quarterly dividend on Monday, November 2nd. Stockholders of record on Wednesday, November 25th will be paid a dividend of $0.40 per share on Thursday, December 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Tuesday, November 24th. This is a positive change from CDW's previous quarterly dividend of $0.38.
View CDW's dividend history.

8 analysts have issued 12-month price targets for CDW's stock. Their forecasts range from $115.00 to $150.00. On average, they anticipate CDW's share price to reach $134.89 in the next year. This suggests a possible upside of 2.0% from the stock's current price.
View analysts' price targets for CDW.

CDW saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,720,000 shares, a drop of 26.8% from the September 30th total of 2,350,000 shares. Based on an average daily volume of 753,500 shares, the short-interest ratio is presently 2.3 days. Currently, 1.2% of the company's stock are short sold.
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), Jumia Technologies (JMIA), Insight Enterprises (NSIT), Baozun (BZUN), Revolve Group (RVLV), PC Connection (CNXN), EVINE Live (EVLV), LightInTheBox (LITB), Ruhnn (RUHN) and ECMOHO (MOHO).
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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 institutional and retail 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 purchased 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 $132.23.

CDW has a market capitalization of $18.91 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]