InterDigital Company Profile (NASDAQ:IDCC)

About InterDigital

InterDigital logoInterDigital, Inc. designs and develops technologies for wireless communications. The Company has designed and developed a range of technologies that are used in digital cellular and wireless products and networks, including second generation (2G), third generation (3G), fourth generation (4G) and IEEE 802 related products and networks. The Company's subsidiaries hold a portfolio of approximately 20,400 patents and patent applications related to a range of technologies, including the fundamental technologies that enable wireless communications. Products integrating its technologies include mobile devices, such as cellular phones, tablets, notebook computers and wireless personal digital assistants; wireless infrastructure equipment, such as base stations, and components, dongles and modules for wireless devices. The Company is focused on approximately two technology areas: cellular wireless technology and Internet of Things (IoT) technology.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Wireless Communications
  • Sub-Industry: Communications Equipment
  • Exchange: NASDAQ
  • Symbol: IDCC
  • CUSIP: 45867G10
Key Metrics:
  • Previous Close: $101.75
  • 50 Day Moving Average: $93.2794
  • 200 Day Moving Average: $81.2404
  • 52-Week Range: $47.62 - $102.30
  • Trailing P/E Ratio: 17.4268
  • Foreward P/E Ratio: 30.83
  • P/E Growth: 0.4200
  • Market Cap: $3.48B
  • Outstanding Shares: 34,283,000
  • Beta: 1.25
Profitability:
  • Net Margins: 40.78%
  • Return on Equity: 33.71%
  • Return on Assets: 12.89%
Debt:
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 4.09%
  • Quick Ratio: 4.09%
Additional Links:
Companies Related to InterDigital:

Analyst Ratings

Consensus Ratings for InterDigital (NASDAQ:IDCC) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $83.83 (17.61% downside)

Analysts' Ratings History for InterDigital (NASDAQ:IDCC)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017B. RileyReiterated RatingNeutral$85.50View Rating Details
12/7/2016SidotiDowngradeBuy -> Neutral$86.00View Rating Details
10/5/2016Dougherty & CoDowngradeBuy -> NeutralView Rating Details
9/23/2016Barclays PLCReiterated RatingEqual Weight$75.00 -> $80.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for InterDigital (NASDAQ:IDCC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017$3.84N/AView Earnings Details
10/27/2016Q316$3.08$2.99$210.68 million$208.30 millionViewListenView Earnings Details
8/2/2016Q216$0.31$1.14$76.60 million$75.90 millionViewN/AView Earnings Details
4/28/2016Q116$0.78$0.79$101.36 million$107.80 millionViewListenView Earnings Details
2/18/2016Q415$0.67$0.92$103.23 million$112.10 millionViewListenView Earnings Details
10/30/2015Q315$0.24$0.68$79.04 million$100.40 millionViewListenView Earnings Details
7/30/2015Q215$0.78$0.89$108.27 million$118.55 millionViewListenView Earnings Details
4/29/2015Q115$0.76$0.89$108.65 million$110.38 millionViewListenView Earnings Details
2/19/2015Q414$0.31$0.36$85.90 million$86.10 millionViewListenView Earnings Details
10/30/2014Q314$0.19$0.34$70.90 million$77.60 millionViewN/AView Earnings Details
8/7/2014Q214$2.11$1.93$192.30 million$194.20 millionViewN/AView Earnings Details
5/1/2014Q114($0.08)($0.05)$56.60 million$57.84 millionViewN/AView Earnings Details
2/20/2014Q413$0.30$0.35$81.60 million$9.70 millionViewN/AView Earnings Details
10/31/2013Q313$0.01$0.64$51.79 million$110.60 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.15$0.22$68.18 million$67.70 millionViewN/AView Earnings Details
4/25/2013Q1 2013($0.20)($0.30)$46.90 million$46.91 millionViewN/AView Earnings Details
2/20/2013Q4 2012$0.06$0.38$61.17 million$87.90 millionViewN/AView Earnings Details
10/24/2012$5.61$5.56ViewN/AView Earnings Details
7/25/2012$0.30$0.22ViewN/AView Earnings Details
4/25/2012$0.30$0.24ViewN/AView Earnings Details
2/23/2012$0.46$0.49ViewN/AView Earnings Details
4/27/2011$0.49$0.51ViewN/AView Earnings Details
2/23/2011$0.79$0.76ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for InterDigital (NASDAQ:IDCC)
Current Year EPS Consensus Estimate: $8.71 EPS
Next Year EPS Consensus Estimate: $3.30 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.67$0.84$0.76
Q2 20162$0.28$0.43$0.36
Q3 20162$2.93$3.00$2.97
Q4 20162$0.83$0.85$0.84
Q1 20172$1.10$1.11$1.11
Q2 20172$0.68$0.82$0.75
Q3 20172$0.53$0.55$0.54
Q4 20172$0.74$0.93$0.84
Q1 20182$1.20$1.30$1.25
Q2 20182$0.75$0.83$0.79
Q3 20182$0.62$0.69$0.66
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for InterDigital (NASDAQ:IDCC)
Annual Dividend:$1.20
Dividend Yield:1.18%
Payout Ratio:20.55% (Based on Trailing 12 Months of Earnings)
13.78% (Based on Current Year Consensus EPS Estimate)
36.36% (Based on Next Year Consensus EPS Estimate)

Dividend History for InterDigital (NASDAQ:IDCC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/9/2016quarterly$0.301.41%1/9/20171/11/20171/25/2017
9/22/2016quarterly$0.301.51%10/7/201610/12/201610/26/2016
6/10/2016quarterly$0.201.36%7/11/20167/13/20167/27/2016
3/31/2016quarterly$0.201.44%4/11/20164/13/20164/27/2016
12/11/2015quarterly$0.201.62%1/11/20161/13/20161/27/2016
9/24/2015quarterly$0.201.66%10/9/201510/14/201510/28/2015
6/12/2015quarterly$0.201.34%7/6/20157/8/20157/22/2015
3/12/2015quarterly$0.201.5%4/13/20154/15/20154/29/2015
12/5/2014quarterly$0.201.56%1/12/20151/14/20151/28/2015
9/12/2014quarterly$0.201.89%10/6/201410/8/201410/22/2014
6/12/2014quarterly$0.201.78%7/7/20147/9/20147/23/2014
3/6/2014quarterly$0.101.23%4/7/20144/9/20144/23/2014
12/16/2013quarterly$0.101.25%1/6/20141/8/20141/22/2014
9/12/2013quarterly$0.101.07%10/7/201310/9/201310/23/2013
6/12/2013quarterly$0.100.86%7/8/20137/10/20137/24/2013
3/15/2013quarterly$0.100.86%4/8/20134/10/20134/24/2013
12/5/2012special$1.5012/17/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for InterDigital (NASDAQ:IDCC)
Insider Ownership Percentage: 1.50%
Institutional Ownership Percentage: 69.84%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/24/2017William J MerrittCEOSell9,000$90.06$810,540.00View SEC Filing  
1/23/2017William J MerrittCEOSell9,000$88.32$794,880.00View SEC Filing  
1/20/2017Jeffrey K BelkDirectorSell2,773$88.70$245,965.10View SEC Filing  
1/20/2017Lawrence F ShayEVPSell7,157$88.70$634,825.90View SEC Filing  
10/31/2016Richard BrezskiCFOSell6,807$70.00$476,490.00View SEC Filing  
10/12/2016Robert S RoathDirectorSell6,901$77.34$533,723.34View SEC Filing  
10/10/2016Jannie K LauEVPSell2,010$78.35$157,483.50View SEC Filing  
10/10/2016William J MerrittInsiderSell5,000$78.35$391,750.00View SEC Filing  
6/13/2016Jean F RankinDirectorSell950$58.36$55,442.00View SEC Filing  
6/8/2016Jannie K LauEVPSell6,132$59.50$364,854.00View SEC Filing  
3/30/2016Lawrence F ShayEVPSell4,233$55.00$232,815.00View SEC Filing  
2/23/2016William J MerrittCEOSell5,000$50.00$250,000.00View SEC Filing  
7/16/2015Jannie K LauEVPSell1,604$57.50$92,230.00View SEC Filing  
6/19/2015Robert S RoathDirectorSell7,992$59.31$474,005.52View SEC Filing  
6/1/2015William J MerrittCEOSell5,000$59.50$297,500.00View SEC Filing  
2/27/2015John A KritzmacherDirectorSell2,000$52.56$105,120.00View SEC Filing  
1/2/2015Lawrence F ShayVPSell7,036$52.31$368,053.16View SEC Filing  
12/29/2014Jannie K LauEVPSell2,295$54.17$124,320.15View SEC Filing  
12/22/2014Jeffrey K BelkDirectorSell2,400$53.63$128,712.00View SEC Filing  
12/18/2014William J MerrittCEOSell5,000$53.36$266,800.00View SEC Filing  
10/31/2014John A KritzmacherDirectorSell2,000$49.38$98,760.00View SEC Filing  
8/12/2014John A KritzmacherDirectorSell2,000$43.24$86,480.00View SEC Filing  
7/15/2014Edward KaminsDirectorSell7,000$46.78$327,460.00View SEC Filing  
7/14/2014Lawrence F ShayVPSell6,057$46.58$282,135.06View SEC Filing  
7/30/2013John A KritzmacherDirectorSell2,000$40.00$80,000.00View SEC Filing  
11/12/2012William J MerrittCEOSell2,644$42.00$111,048.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for InterDigital (NASDAQ:IDCC)
DateHeadline
nasdaq.com logoNoteworthy Tuesday Option Activity: CBRL, SEAS, IDCC - Nasdaq (NASDAQ:IDCC)
www.nasdaq.com - February 22 at 12:42 PM
News IconTrading Scanner: Tracking Shares of InterDigital, Inc. (NASDAQ:IDCC) - The Standard (NASDAQ:IDCC)
6milestandard.com - February 22 at 12:42 PM
streetinsider.com logoInterDigital (IDCC): Results Will Take A Backseat to Apple - B.Riley - StreetInsider.com (NASDAQ:IDCC)
www.streetinsider.com - February 22 at 12:42 PM
fool.com logoIs It Too Late to Buy InterDigital Stock? (NASDAQ:IDCC)
www.fool.com - February 21 at 7:52 PM
feeds.benzinga.com logoCA Technologies and InterDigital Partner on End-to-End IoT Solutions for Enterprise Customers (NASDAQ:IDCC)
feeds.benzinga.com - February 21 at 6:00 AM
News IconTrading Scanner: Following Shares of InterDigital, Inc. (NASDAQ:IDCC) - Searcy News (NASDAQ:IDCC)
searcysentinel.com - February 15 at 8:57 PM
finance.yahoo.com logoIDCC : Summary for InterDigital, Inc. - Yahoo Finance (NASDAQ:IDCC)
finance.yahoo.com - February 13 at 11:52 PM
investors.com logoDow Industrials Lead Market Up; Which 4 Techs May Match Apple's Gains? (NASDAQ:IDCC)
www.investors.com - February 13 at 6:51 PM
rttnews.com logoInterDigital Inc. (IDCC) Has Broken Out To A New High For The Year (NASDAQ:IDCC)
www.rttnews.com - February 13 at 11:18 AM
investors.com logoTop Tech Stock With 340% Earnings Growth Nears Buy Zone (NASDAQ:IDCC)
www.investors.com - February 10 at 6:37 PM
investors.com logoBreakout Watch: Why Are Top Funds Buying This 5G, IoT Tech Stock? (NASDAQ:IDCC)
www.investors.com - February 9 at 6:47 PM
finance.yahoo.com logoInterDigital Announces Date for Fourth Quarter and Full Year 2016 Results (NASDAQ:IDCC)
finance.yahoo.com - January 30 at 6:34 PM
News IconNarrowing in on Chart Levels for InterDigital Inc. (IDCC) - Market Point (NASDAQ:IDCC)
mtptnews.com - January 29 at 10:58 PM
News IconWilliam J. Merritt Sells 9,000 Shares of InterDigital, Inc. (IDCC) Stock (NASDAQ:IDCC)
www.topix.com - January 27 at 12:30 AM
marketexclusive.com logoInsider Trading Activity InterDigital, Inc. (NASDAQ:IDCC) – EVP Sold 7157 shares of Stock - Market Exclusive (NASDAQ:IDCC)
marketexclusive.com - January 26 at 7:29 PM
News IconMarket Focus: Checking Indicators on Shares of InterDigital Inc. (IDCC) - Market Point (NASDAQ:IDCC)
mtptnews.com - January 26 at 5:16 AM
globenewswire.com logoEuropean H2020 Project FLAME Kicks Off Call for Experiments - GlobeNewswire (press release) (NASDAQ:IDCC)
globenewswire.com - January 26 at 5:16 AM
News IconWhat Analysts Are Saying About InterDigital Inc (NASDAQ:IDCC) - ForexMinute.com (NASDAQ:IDCC)
www.forexminute.com - January 26 at 5:16 AM
4-traders.com logoInsider Trading Activity InterDigital, Inc. (NASDAQ:IDCC) – Director Sold 2,773 shares of Stock (NASDAQ:IDCC)
www.4-traders.com - January 25 at 7:12 PM
nasdaq.com logoFirst Week of February 17th Options Trading For Interdigital (IDCC) (NASDAQ:IDCC)
www.nasdaq.com - January 25 at 7:12 PM
finance.yahoo.com logoEuropean H2020 Project FLAME Kicks Off Call for Experiments (NASDAQ:IDCC)
finance.yahoo.com - January 24 at 6:34 PM
finance.yahoo.com logoInterDigital Receives 2016 Connected Transportation Award From IoT Evolution (NASDAQ:IDCC)
finance.yahoo.com - January 23 at 6:08 PM
News IconShares of InterDigital, Inc. (NASDAQ:IDCC) Sees Large Inflow of Net ... - Highland Mirror (NASDAQ:IDCC)
www.highlandmirror.com - January 17 at 6:22 PM
News IconYieldBoost Interdigital To 10.7% Using Options (NASDAQ:IDCC)
www.stockoptionschannel.com - January 17 at 12:16 PM
News IconSell-side Taking Aim at Shares of InterDigital, Inc. (NASDAQ:IDCC) - Aiken Advocate (NASDAQ:IDCC)
aikenadvocate.com - January 16 at 5:48 PM
News IconLevels in View for InterDigital, Inc. (NASDAQ:IDCC) - Wall Street Beacon (NASDAQ:IDCC)
wsbeacon.com - January 12 at 6:20 PM
News IconInvestor Focus: Watching Shares of InterDigital, Inc. (NASDAQ:IDCC) - Wall Street Beacon (NASDAQ:IDCC)
wsbeacon.com - January 11 at 11:29 PM
globenewswire.com logoInterDigital Named a Clarivate Analytics 2016 Top Global Innovator - GlobeNewswire (press release) (NASDAQ:IDCC)
globenewswire.com - January 10 at 11:46 PM
finance.yahoo.com logoInterDigital Named a Clarivate Analytics 2016 Top Global Innovator (NASDAQ:IDCC)
finance.yahoo.com - January 10 at 6:43 PM
News IconMarket Center: Watching the Levels for InterDigital, Inc. (NASDAQ:IDCC) - Wall Street Beacon (NASDAQ:IDCC)
wsbeacon.com - January 10 at 4:34 AM
News IconInvestor Update: Checking on Shares of InterDigital, Inc. (NASDAQ:IDCC) - Wall Street Beacon (NASDAQ:IDCC)
wsbeacon.com - January 6 at 11:31 PM
nasdaq.com logoReminder - Interdigital (IDCC) Goes Ex-Dividend Soon - Nasdaq (NASDAQ:IDCC)
www.nasdaq.com - January 6 at 12:08 AM
News IconWhat is Behind InterDigital Inc’s (IDCC) Superior ROE? (NASDAQ:IDCC)
simplywall.st - January 5 at 7:06 PM
publicnow.com logoCES 2017 - Don’t Miss “Trolls and Tech: How to Fix Patents” Tomorrow! (NASDAQ:IDCC)
www.publicnow.com - January 5 at 7:06 PM
finance.yahoo.com logoInterDigital Engineer Named IEEE Fellow (NASDAQ:IDCC)
finance.yahoo.com - January 4 at 4:53 PM
finance.yahoo.com logoSurging Earnings Estimates Signal Good News for InterDigital (IDCC) (NASDAQ:IDCC)
finance.yahoo.com - December 29 at 5:52 PM
streetinsider.com logoInterDigital (IDCC) PT Lifted to $85.50 at B. Riley But Remains Sidelined (NASDAQ:IDCC)
www.streetinsider.com - December 23 at 6:03 PM
News IconVolatility Check-in on Shares of InterDigital, Inc. (NASDAQ:IDCC) - Marion Business Daily (NASDAQ:IDCC)
marionbusinessdaily.com - December 21 at 6:41 PM
finance.yahoo.com logoUK 5G Report Reveals “Significant Shortfall in Existing Infrastructure to Meet Future Aspirational Requirements” (NASDAQ:IDCC)
finance.yahoo.com - December 20 at 11:13 AM
publicnow.com logoInterDigital Announces Acquisition of Sensor Processing Technology Pioneer Hillcrest Labs (NASDAQ:IDCC)
www.publicnow.com - December 20 at 11:13 AM
News IconCompany Stock Review for InterDigital, Inc. (NASDAQ:IDCC) - OIB News (NASDAQ:IDCC)
oibnews.com - December 18 at 4:10 AM
rttnews.com logoInterDigital Inc. (IDCC) Rose To A New High On Q4 Revenue Forecast - RTT News (NASDAQ:IDCC)
www.rttnews.com - December 18 at 4:10 AM
News IconChecking the Numbers on InterDigital, Inc. (NASDAQ:IDCC) - Marion Business Daily (NASDAQ:IDCC)
marionbusinessdaily.com - December 17 at 4:28 AM
streetinsider.com logoInterDigital (IDCC) Enters Patent License Agreement With Apple (AAPL) - StreetInsider.com (NASDAQ:IDCC)
www.streetinsider.com - December 17 at 4:28 AM
rttnews.com logoInterDigital Inc. (IDCC) Rose To A New High On Q4 Revenue Forecast (NASDAQ:IDCC)
www.rttnews.com - December 16 at 6:26 PM
blogs.barrons.com logoInterdigital Stock Jump on Apple Deal A Bit Too Much, Says B. Riley (NASDAQ:IDCC)
blogs.barrons.com - December 16 at 6:26 PM
publicnow.com logoInterDigital and Applied Communication Sciences Engineers Awarded Best Papers at EMERGING 2016 (NASDAQ:IDCC)
www.publicnow.com - December 16 at 6:26 PM
seekingalpha.com logoB. Riley & Co. suggests InterDigital run too aggressive (NASDAQ:IDCC)
seekingalpha.com - December 16 at 2:30 PM
benzinga.com logoInterDigital Doubles Revenue Outlook, Announces License Agreement With Apple (NASDAQ:IDCC)
www.benzinga.com - December 15 at 11:28 PM
streetinsider.com logoInterDigital's (IDCC) Updated Q4 Revenue Guidance Tops Views (NASDAQ:IDCC)
www.streetinsider.com - December 15 at 11:28 PM

Social

What is InterDigital's stock symbol?

InterDigital trades on the NASDAQ under the ticker symbol "IDCC."

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

InterDigital announced a quarterly dividend on Friday, December 9th. Investors of record on Wednesday, January 11th will be given a dividend of $0.30 per share on Wednesday, January 25th. This represents a $1.20 annualized dividend and a yield of 1.18%. The ex-dividend date is Monday, January 9th.

Where is InterDigital's stock going? Where will InterDigital's stock price be in 2017?

4 brokerages have issued twelve-month price objectives for InterDigital's shares. Their forecasts range from $80.00 to $86.00. On average, they expect InterDigital's share price to reach $83.83 in the next twelve months.

When will InterDigital announce their earnings?

InterDigital is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns InterDigital stock?

InterDigital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.17%), Dimensional Fund Advisors LP (2.60%), AQR Capital Management LLC (1.63%), Renaissance Technologies LLC (1.51%), Freestone Capital Holdings LLC (0.87%) and Guggenheim Capital LLC (0.67%). Company insiders that own InterDigital stock include Jannie K Lau, Jean F Rankin, Jeffrey K Belk, John A Kritzmacher, Lawrence F Shay, Richard Brezski, Robert S Roath and William J Merritt.

Who sold InterDigital stock? Who is selling InterDigital stock?

InterDigital's stock was sold by a variety of institutional investors in the last quarter, including Denver Investment Advisors LLC, Marshall Wace LLP, Renaissance Technologies LLC, Bogle Investment Management L P DE, Menta Capital LLC, Freestone Capital Holdings LLC, Cantab Capital Partners LLP and RK Capital Management LLC. Company insiders that have sold InterDigital stock in the last year include Jannie K Lau, Jean F Rankin, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Robert S Roath and William J Merritt.

Who bought InterDigital stock? Who is buying InterDigital stock?

InterDigital's stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Guggenheim Capital LLC, Credit Agricole S A, O Shaughnessy Asset Management LLC, Shelton Capital Management, Cornercap Investment Counsel Inc., Employees Retirement System of Texas and Empirical Finance LLC.

How do I buy InterDigital stock?

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

How much does a share of InterDigital stock cost?

One share of InterDigital stock can currently be purchased for approximately $101.75.

InterDigital (NASDAQ:IDCC) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for InterDigital (NASDAQ:IDCC)

Earnings History Chart

Earnings by Quarter for InterDigital (NASDAQ:IDCC)

Dividend History Chart

Dividend Payments by Quarter for InterDigital (NASDAQ:IDCC)

Last Updated on 2/22/2017 by MarketBeat.com Staff