S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NASDAQ:IDCC

InterDigital (IDCC) Stock Price, News & Analysis

$107.30
+0.28 (+0.26%)
(As of 03/1/2024 ET)
Today's Range
$105.43
$108.25
50-Day Range
$102.48
$117.19
52-Week Range
$66.82
$119.86
Volume
523,535 shs
Average Volume
427,591 shs
Market Capitalization
$2.73 billion
P/E Ratio
14.31
Dividend Yield
1.49%
Price Target
$105.00

InterDigital MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.1% Downside
$105.00 Price Target
Short Interest
Bearish
18.09% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.51mentions of InterDigital in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$103,742 Sold Last Quarter
Proj. Earnings Growth
-8.27%
From $5.44 to $4.99 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.89 out of 5 stars

Computer And Technology Sector

542nd out of 595 stocks

Patent Owners & Lessors Industry

5th out of 7 stocks


IDCC stock logo

About InterDigital Stock (NASDAQ:IDCC)

InterDigital, Inc. operates as a global research and development company with focus primarily on wireless, visual, and related technologies. It designs and develops technologies that enable connected in a range of communications and entertainment products and services. It licenses or intend to license its innovations to companies providing products and services, including wireless communications, consumer electronics, personal computer, and automotive, as well as cloud-based services, such as video streaming. It designs and develops a range of innovations for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence. Further, the company's patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.

IDCC Stock Price History

IDCC Stock News Headlines

IDCC Mar 2024 80.000 put
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
StockNews.com Downgrades InterDigital (NASDAQ:IDCC) to Buy
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
IDCC Mar 2024 72.500 put
IDCC Jun 2024 100.000 call
IDCC Mar 2024 75.000 put
IDCC Jun 2024 92.500 put
Interdigital Inc
Q4 2023 InterDigital Inc Earnings Call
InterDigital: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
2/15/2023
Ex-Dividend for 1/24 Dividend
1/09/2024
Dividend Payable
1/24/2024
Today
3/01/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Patent owners & lessors
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:IDCC
CUSIP
45867G10
Employees
425
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$105.00
High Stock Price Target
$105.00
Low Stock Price Target
$105.00
Potential Upside/Downside
-2.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$214.07 million
Pretax Margin
42.69%

Debt

Sales & Book Value

Annual Sales
$549.59 million
Cash Flow
$12.02 per share
Book Value
$22.82 per share

Miscellaneous

Free Float
25,105,000
Market Cap
$2.73 billion
Optionable
Optionable
Beta
1.34

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IDCC Stock Analysis - Frequently Asked Questions

Should I buy or sell InterDigital stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for InterDigital in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IDCC shares.
View IDCC analyst ratings
or view top-rated stocks.

What is InterDigital's stock price target for 2024?

2 Wall Street analysts have issued 12 month price objectives for InterDigital's shares. Their IDCC share price targets range from $105.00 to $105.00. On average, they predict the company's stock price to reach $105.00 in the next year. This suggests that the stock has a possible downside of 2.1%.
View analysts price targets for IDCC
or view top-rated stocks among Wall Street analysts.

How have IDCC shares performed in 2024?

InterDigital's stock was trading at $108.54 at the beginning of 2024. Since then, IDCC stock has decreased by 1.1% and is now trading at $107.30.
View the best growth stocks for 2024 here
.

When is InterDigital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our IDCC earnings forecast
.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) posted its earnings results on Wednesday, February, 15th. The Wireless communications provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.16. The Wireless communications provider earned $117.10 million during the quarter, compared to the consensus estimate of $113.93 million. InterDigital had a trailing twelve-month return on equity of 37.77% and a net margin of 38.95%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.70 EPS.

How often does InterDigital pay dividends? What is the dividend yield for InterDigital?

InterDigital declared a quarterly dividend on Thursday, November 30th. Stockholders of record on Wednesday, January 10th will be given a dividend of $0.40 per share on Wednesday, January 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Tuesday, January 9th.
Read our dividend analysis for IDCC
.

Is InterDigital a good dividend stock?

InterDigital (NASDAQ:IDCC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDCC will have a dividend payout ratio of 32.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IDCC.

What guidance has InterDigital issued on next quarter's earnings?

InterDigital updated its FY 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share (EPS) guidance of 7.450-8.760 for the period, compared to the consensus estimate of 6.480. The company issued revenue guidance of $620.0 million-$670.0 million, compared to the consensus revenue estimate of $505.5 million.

What is William J. Merritt's approval rating as InterDigital's CEO?

43 employees have rated InterDigital Chief Executive Officer William J. Merritt on Glassdoor.com. William J. Merritt has an approval rating of 68% among the company's employees.

What other stocks do shareholders of InterDigital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital investors own include Bank of Hawaii (BOH), STAG Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), Verizon Communications (VZ), PepsiCo (PEP), Cisco Systems (CSCO), Micron Technology (MU) and Broadcom (AVGO).

Who are InterDigital's major shareholders?

InterDigital's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.52%), Pacer Advisors Inc. (4.48%), Dimensional Fund Advisors LP (3.64%), Boston Trust Walden Corp (2.48%), Boston Partners (2.43%) and Shannon River Fund Management LLC (0.00%). Insiders that own company stock include Eeva K Hakoranta, Eric Cohen, Jean F Rankin, John D Jr Markley, Joshua D Schmidt, Pierre-Yves Lesaicherre, Rajesh Pankaj and Richard Brezski.
View institutional ownership trends
.

How do I buy shares of InterDigital?

Shares of IDCC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does InterDigital have any subsidiaries?
The following companies are subsidiares of InterDigital: 6GWorld Inc., Chordant Europe Ltd., Chordant France SAS, Chordant Inc., DRNC Holdings Inc., DST Holdings Inc., Hillcrest Labs, IDAC Holdings Inc., IDHL Holdings Inc., IDLR Holdings Inc., IDPA Holdings Inc., IDTP Holdings Inc., IPR Licensing Inc., InterDigital Administrative Solutions Inc., InterDigital Belgium LLC, InterDigital CE Holdings Inc., InterDigital CE Intermediate SAS, InterDigital CE Patent Holdings SAS, InterDigital Canada Ltee., InterDigital Capital Inc., InterDigital Charitable Foundation Inc, InterDigital Communications Inc., InterDigital Europe Ltd., InterDigital Finland Oy, InterDigital Germany GmbH, InterDigital Holdings Inc., InterDigital Madison Patent Holdings SAS, InterDigital Patent Holdings Inc., InterDigital R&D France SAS, InterDigital Technology Corporation, InterDigital VC Holdings France SAS, InterDigital VC Holdings Inc., InterDigital Video Technologies Inc., InterDigital Wireless Inc., IoT Holdings Inc., NexStar Capital LLC, NexStar Partners GP L.P., NexStar Partners L.P., NexStar Strategic Investments LLC, PCMS Holdings Inc., and VID SCALE Inc..
Read More
This page (NASDAQ:IDCC) was last updated on 3/2/2024 by MarketBeat.com Staff