NASDAQ:IDCC - InterDigital Stock Price, Price Target & More

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

InterDigital declared a quarterly dividend on Thursday, May 31st. Shareholders of record on Wednesday, July 11th will be paid a dividend of $0.35 per share on Wednesday, July 25th. This represents a $1.40 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Tuesday, July 10th. View InterDigital's Dividend History.

InterDigital declared that its Board of Directors has authorized a stock buyback plan on Friday, September 15th 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

InterDigital, Inc. (NASDAQ:IDCC) released its quarterly earnings data on Thursday, April, 26th. The Wireless communications provider reported $1.29 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $1.05. The Wireless communications provider had revenue of $87.40 million for the quarter, compared to the consensus estimate of $69.69 million. InterDigital had a net margin of 32.42% and a return on equity of 25.85%. The firm's revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 earnings per share. View InterDigital's Earnings History.

4 brokers have issued 12-month price objectives for InterDigital's stock. Their forecasts range from $87.00 to $104.00. On average, they anticipate InterDigital's share price to reach $95.00 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Ratings for InterDigital.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to InterDigital include Dolby Laboratories (DLB), TiVo (TIVO), RPX (RPXC), Acacia Research (ACTG), Finjan (FNJN), Quarterhill (QTRH), Digital Turbine (APPS), Liberty Tax (TAX), Joint (JYNT), MGT Capital Investments (MGTI), ITUS (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR) and ARC Group (ARCK).

Media coverage about IDCC stock has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. InterDigital earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news stories about the Wireless communications provider an impact score of 46.42 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

InterDigital's stock is owned by many different of retail and institutional investors. Top institutional investors include James Investment Research Inc. (0.15%), Empowered Funds LLC (0.11%), Empirical Finance LLC (0.09%), Smithbridge Asset Management Inc. DE (0.09%), Foundry Partners LLC (0.06%) and Rowland & Co. Investment Counsel ADV (0.03%). Company insiders that own InterDigital stock include James J Nolan, Jannie K Lau, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Robert S Roath, Scott A Mcquilkin, Stewart D Hutcheson and William J Merritt. View Institutional Ownership Trends for InterDigital.

IDCC stock was sold by a variety of institutional investors in the last quarter, including Smithbridge Asset Management Inc. DE, Empirical Finance LLC, Empowered Funds LLC, Municipal Employees Retirement System of Michigan and Foundry Partners LLC. Company insiders that have sold InterDigital company stock in the last year include James J Nolan, Jannie K Lau, Jeffrey K Belk, Scott A Mcquilkin, Stewart D Hutcheson and William J Merritt. View Insider Buying and Selling for InterDigital.

IDCC stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., Rowland & Co. Investment Counsel ADV, Chicago Capital LLC and Fox Run Management L.L.C.. View Insider Buying and Selling for InterDigital.

Shares of IDCC 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, Scottrade, Fidelity and Charles Schwab.

One share of IDCC stock can currently be purchased for approximately $83.40.

InterDigital has a market capitalization of $2.90 billion and generates $532.94 million in revenue each year. The Wireless communications provider earns $174.29 million in net income (profit) each year or $6.06 on an earnings per share basis. InterDigital employs 350 workers across the globe.

InterDigital's mailing address is 200 BELLEVUE PARKWAY SUITE 300, WILMINGTON DE, 19809. The Wireless communications provider can be reached via phone at 302-281-3600 or via email at [email protected]