NASDAQ:IDCC - InterDigital Wireless Stock Price, News, & Analysis

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

InterDigital Wireless declared a quarterly dividend on Tuesday, December 11th. Stockholders of record on Wednesday, January 9th will be paid a dividend of $0.35 per share on Wednesday, January 23rd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Tuesday, January 8th. View InterDigital Wireless' Dividend History.

InterDigital Wireless announced that its board has initiated a share repurchase program on Friday, September 15th 2017, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

InterDigital Wireless Inc (NASDAQ:IDCC) announced its quarterly earnings data on Thursday, November, 1st. The Wireless communications provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.36. The Wireless communications provider had revenue of $75.08 million for the quarter, compared to analysts' expectations of $72.59 million. InterDigital Wireless had a net margin of 26.19% and a return on equity of 17.50%. InterDigital Wireless's revenue was down 22.9% compared to the same quarter last year. During the same period last year, the firm earned $1.00 earnings per share. View InterDigital Wireless' Earnings History.

InterDigital Wireless is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for InterDigital Wireless.

InterDigital Wireless will be holding an earnings conference call on Thursday, February 21st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8772601479.

5 equities research analysts have issued twelve-month target prices for InterDigital Wireless' shares. Their forecasts range from $87.00 to $104.00. On average, they expect InterDigital Wireless' stock price to reach $96.00 in the next twelve months. This suggests a possible upside of 30.9% from the stock's current price. View Analyst Price Targets for InterDigital Wireless.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital Wireless in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for InterDigital Wireless.

News articles about IDCC stock have trended somewhat positive on Sunday, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. InterDigital Wireless earned a news impact score of 1.4 on InfoTrie's scale. They also gave media stories about the Wireless communications provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

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

InterDigital Wireless' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.34%), Northern Trust Corp (1.85%), D. E. Shaw & Co. Inc. (1.53%), Segall Bryant & Hamill LLC (0.83%), Nomura Holdings Inc. (0.67%) and BTIM Corp. (0.64%). Company insiders that own InterDigital Wireless stock include James J Nolan, Jannie K Lau, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Scott A Mcquilkin, Stewart D Hutcheson and William J Merritt. View Institutional Ownership Trends for InterDigital Wireless.

IDCC stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, D. E. Shaw & Co. Inc., Prudential Financial Inc., SG Americas Securities LLC, State of Tennessee Treasury Department, Seizert Capital Partners LLC, Northern Trust Corp and Colony Group LLC. Company insiders that have sold InterDigital Wireless company stock in the last year include James J Nolan, Jannie K Lau, Jeffrey K Belk, Stewart D Hutcheson and William J Merritt. View Insider Buying and Selling for InterDigital Wireless.

IDCC stock was purchased by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Millennium Management LLC, Hsbc Holdings PLC, Rhumbline Advisers, Bank of America Corp DE, Stevens Capital Management LP, Dean Investment Associates LLC and Martingale Asset Management L P. View Insider Buying and Selling for InterDigital Wireless.

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 $73.36.

InterDigital Wireless has a market capitalization of $2.48 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 Wireless employs 350 workers across the globe.

The official website for InterDigital Wireless is http://www.interdigital.com.

InterDigital Wireless' 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]