About InterDigital (NASDAQ:IDCC)
InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. It offers technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, and IEEE 802-related products and networks. The company develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, and 4G wireless networks and mobile terminal devices; and other wireless technologies related to Wi-Fi, WLAN, WMAN, and WRAN. It also provides interoperability and scalability solutions through oneMPOWER platform; and common interface to multiple service providers. The company's patented technologies are used in various products, including mobile devices comprising cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment consisting of base stations; components, dongles, and modules for wireless devices; and Internet of Things devices and software platforms. As of December 31, 2017, it had a portfolio of approximately 19,000 patents and patent applications related to the fundamental technologies that enable wireless communications. InterDigital, Inc. was founded in 1972 and is headquartered in Wilmington, Delaware.
Industry, Sector and Symbol
Industry Patent owners & lessors
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:IDCC
CUSIP45867G10
Phone302-281-3600
Debt
Debt-to-Equity Ratio0.33%
Current Ratio3.71%
Quick Ratio3.71%
Price-To-Earnings
Trailing P/E Ratio13.09
Forward P/E Ratio49.40
P/E GrowthN/A
Sales & Book Value
Annual Sales$532.94 million
Price / Sales5.07
Cash Flow$8.1049 per share
Price / Cash9.63
Book Value$25.15 per share
Price / Book3.10
Profitability
EPS (Most Recent Fiscal Year)$6.06
Net Income$174.29 million
Net Margins32.70%
Return on Equity26.52%
Return on Assets11.58%
Miscellaneous
Employees350
Outstanding Shares34,630,000
InterDigital (NASDAQ:IDCC) Frequently Asked Questions
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 declared a quarterly dividend on Monday, March 12th. Shareholders of record on Monday, April 23rd will be given a dividend of $0.35 per share on Tuesday, May 1st. This represents a $1.40 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Friday, April 20th. View InterDigital's Dividend History.
How will InterDigital's stock buyback program work?
InterDigital announced that its board has initiated a stock buyback plan on Friday, September 15th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were InterDigital's earnings last quarter?
InterDigital (NASDAQ:IDCC) posted its quarterly earnings data on Thursday, February, 22nd. The Wireless communications provider reported $2.68 EPS for the quarter, topping the consensus estimate of $1.08 by $1.60. The Wireless communications provider earned $205.30 million during the quarter, compared to the consensus estimate of $191.42 million. InterDigital had a net margin of 32.70% and a return on equity of 26.52%. InterDigital's revenue was down 25.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.85 EPS. View InterDigital's Earnings History.
When is InterDigital's next earnings date?
What price target have analysts set for IDCC?
4 Wall Street analysts have issued twelve-month price objectives for InterDigital's shares. Their forecasts range from $87.00 to $94.00. On average, they expect InterDigital's stock price to reach $90.50 in the next year. View Analyst Ratings for InterDigital.
Who are some of InterDigital's key competitors?
Some companies that are related to InterDigital include Dolby Laboratories (DLB), TiVo (TIVO), RPX (RPXC), Acacia Research (ACTG), Quarterhill (QTRH), Liberty Tax Service (TAX), Digital Turbine (APPS), MGT Capital Investments (MGTI), The Joint (JYNT), Finjan (FNJN), Copytele (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR) and XpresSpa Group (XSPA).
Who are InterDigital's key executives?
InterDigital's management team includes the folowing people:
- Mr. William J. Merritt, Pres, CEO & Director (Age 59)
- Mr. Richard J. Brezski, CFO & Treasurer (Age 45)
- Mr. James J. Nolan, Exec. VP of Products (Age 57)
- Mr. Lawrence F. Shay, Former Chief Intellectual Property Counsel & Sr. EVP of Future Wireless (Age 59)
- Byung K. Yi, Exec. VP & CTO (Age 67)
Has InterDigital been receiving favorable news coverage?
Media coverage about IDCC stock has been trending somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. InterDigital earned a media sentiment score of 0.03 on Accern's scale. They also assigned media headlines about the Wireless communications provider an impact score of 46.08 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
How do I buy shares of 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.
What is InterDigital's stock price today?
One share of IDCC stock can currently be purchased for approximately $78.05.
How big of a company is InterDigital?
InterDigital has a market capitalization of $2.76 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.
How can I contact InterDigital?
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]
MarketBeat Community Rating for InterDigital (IDCC)
MarketBeat's community ratings are surveys of what our community members think about InterDigital and other stocks. Vote "Outperform" if you believe IDCC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IDCC will underperform the S&P 500 over the long term. You may vote once every thirty days.
InterDigital (NASDAQ:IDCC) Dividend Information
InterDigital pays an annual dividend of $1.40 per share, with a dividend yield of 1.79%. IDCC's next quarterly dividend payment will be made on Tuesday, May 1. InterDigital pays out 23.10% of its earnings out as a dividend.
| Next Dividend: | 5/1/2018 |
| Annual Dividend: | $1.40 |
| Dividend Yield: | 1.79% |
| Payout Ratio: | 23.10% (Trailing 12 Months of Earnings)
88.61% (Based on This Year's Estimates)
54.69% (Based on Next Year's Estimates)
|
InterDigital (NASDAQ:IDCC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/12/2018 | quarterly | $0.35 | 1.84% | 4/20/2018 | 4/23/2018 | 5/1/2018 |
| 12/8/2017 | quarterly | $0.35 | 1.81% | 1/9/2018 | 1/10/2018 | 1/24/2018 |
| 9/15/2017 | quarterly | $0.35 | 1.88% | 10/10/2017 | 10/11/2017 | 10/25/2017 |
| 6/16/2017 | quarterly | $0.30 | 1.51% | 7/10/2017 | 7/12/2017 | 7/26/2017 |
| 3/29/2017 | Quarterly | $0.30 | 1.4% | 4/10/2017 | 4/12/2017 | 4/26/2017 |
| 12/9/2016 | quarterly | $0.30 | 1.41% | 1/9/2017 | 1/11/2017 | 1/25/2017 |
| 9/22/2016 | quarterly | $0.30 | 1.51% | 10/7/2016 | 10/12/2016 | 10/26/2016 |
| 6/10/2016 | quarterly | $0.20 | 1.36% | 7/11/2016 | 7/13/2016 | 7/27/2016 |
| 3/31/2016 | quarterly | $0.20 | 1.44% | 4/11/2016 | 4/13/2016 | 4/27/2016 |
| 12/11/2015 | quarterly | $0.20 | 1.62% | 1/11/2016 | 1/13/2016 | 1/27/2016 |
| 9/24/2015 | quarterly | $0.20 | 1.66% | 10/9/2015 | 10/14/2015 | 10/28/2015 |
| 6/12/2015 | quarterly | $0.20 | 1.34% | 7/6/2015 | 7/8/2015 | 7/22/2015 |
| 3/12/2015 | quarterly | $0.20 | 1.5% | 4/13/2015 | 4/15/2015 | 4/29/2015 |
| 12/5/2014 | quarterly | $0.20 | 1.56% | 1/12/2015 | 1/14/2015 | 1/28/2015 |
| 9/12/2014 | quarterly | $0.20 | 1.89% | 10/6/2014 | 10/8/2014 | 10/22/2014 |
| 6/12/2014 | quarterly | $0.20 | 1.78% | 7/7/2014 | 7/9/2014 | 7/23/2014 |
| 3/6/2014 | quarterly | $0.10 | 1.23% | 4/7/2014 | 4/9/2014 | 4/23/2014 |
| 12/16/2013 | quarterly | $0.10 | 1.25% | 1/6/2014 | 1/8/2014 | 1/22/2014 |
| 9/12/2013 | quarterly | $0.10 | 1.07% | 10/7/2013 | 10/9/2013 | 10/23/2013 |
| 6/12/2013 | quarterly | $0.10 | 0.86% | 7/8/2013 | 7/10/2013 | 7/24/2013 |
| 3/15/2013 | quarterly | $0.10 | 0.86% | 4/8/2013 | 4/10/2013 | 4/24/2013 |
| 12/5/2012 | special | $1.50 | | | 12/17/2012 | 12/28/2012 |
(Data available from 1/1/2013 forward)
InterDigital (NASDAQ IDCC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 74.13%
InterDigital (NASDAQ IDCC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/17/2018 | Jannie K Lau | Insider | Sell | 9,700 | $79.34 | $769,598.00 | 18,746 |  |
| 4/16/2018 | James J Nolan | EVP | Sell | 7,765 | $79.50 | $617,317.50 | 47,946 | |
| 3/2/2018 | Stewart D Hutcheson | Director | Sell | 272 | $70.20 | $19,094.40 | | |
| 12/29/2017 | Scott A Mcquilkin | EVP | Sell | 500 | $76.50 | $38,250.00 | | |
| 12/29/2017 | Scott A Mcquilkin | EVP | Sell | 500 | $76.50 | $38,250.00 | 78,881 | |
| 11/27/2017 | James J Nolan | EVP | Sell | 5,020 | $75.00 | $376,500.00 | 49,063 | |
| 10/30/2017 | Jannie K Lau | EVP | Sell | 2,561 | $72.31 | $185,185.91 | 19,496 | |
| 9/29/2017 | Scott A Mcquilkin | EVP | Sell | 500 | $75.00 | $37,500.00 | 79,319 | |
| 8/7/2017 | James J Nolan | EVP | Sell | 2,294 | $71.30 | $163,562.20 | 54,042 | |
| 6/30/2017 | Scott A Mcquilkin | EVP | Sell | 500 | $79.15 | $39,575.00 | 79,768 | |
| 6/9/2017 | Jeffrey K Belk | Director | Sell | 800 | $84.39 | $67,512.00 | 17,801 | |
| 5/12/2017 | Lawrence F Shay | EVP | Sell | 8,000 | $85.88 | $687,040.00 | 48,458 | |
| 5/8/2017 | James J Nolan | EVP | Sell | 8,596 | $83.83 | $720,602.68 | 57,149 | |
| 3/31/2017 | Scott A Mcquilkin | EVP | Sell | 500 | $85.75 | $42,875.00 | 80,724 | |
| 3/20/2017 | Richard Brezski | CFO | Sell | 10,000 | $84.93 | $849,300.00 | 27,681 | |
| 3/20/2017 | William J Merritt | Insider | Sell | 2,000 | $84.92 | $169,840.00 | 134,477 | |
| 1/24/2017 | William J Merritt | CEO | Sell | 9,000 | $90.06 | $810,540.00 | 123,156 | |
| 1/23/2017 | William J Merritt | CEO | Sell | 9,000 | $88.32 | $794,880.00 | 123,156 | |
| 1/20/2017 | Jeffrey K Belk | Director | Sell | 2,773 | $88.70 | $245,965.10 | 17,784 | |
| 1/20/2017 | Lawrence F Shay | EVP | Sell | 7,157 | $88.70 | $634,825.90 | 37,915 | |
| 10/31/2016 | Richard Brezski | CFO | Sell | 6,807 | $70.00 | $476,490.00 | 20,556 | |
| 10/12/2016 | Robert S Roath | Director | Sell | 6,901 | $77.34 | $533,723.34 | 15,967 | |
| 10/10/2016 | Jannie K Lau | EVP | Sell | 2,010 | $78.35 | $157,483.50 | 14,244 | |
| 10/10/2016 | William J Merritt | Insider | Sell | 5,000 | $78.35 | $391,750.00 | 136,072 | |
| 6/13/2016 | Jean F Rankin | Director | Sell | 950 | $58.36 | $55,442.00 | 19,639 | |
| 6/8/2016 | Jannie K Lau | EVP | Sell | 6,132 | $59.50 | $364,854.00 | 19,169 | |
| 3/30/2016 | Lawrence F Shay | EVP | Sell | 4,233 | $55.00 | $232,815.00 | 46,274 | |
| 2/23/2016 | William J Merritt | CEO | Sell | 5,000 | $50.00 | $250,000.00 | 131,820 | |
| 7/16/2015 | Jannie K Lau | EVP | Sell | 1,604 | $57.50 | $92,230.00 | | |
| 6/19/2015 | Robert S Roath | Director | Sell | 7,992 | $59.31 | $474,005.52 | | |
| 6/1/2015 | William J Merritt | CEO | Sell | 5,000 | $59.50 | $297,500.00 | | |
| 2/27/2015 | John A Kritzmacher | Director | Sell | 2,000 | $52.56 | $105,120.00 | | |
| 1/2/2015 | Lawrence F Shay | VP | Sell | 7,036 | $52.31 | $368,053.16 | | |
| 12/29/2014 | Jannie K Lau | EVP | Sell | 2,295 | $54.17 | $124,320.15 | | |
| 12/22/2014 | Jeffrey K Belk | Director | Sell | 2,400 | $53.63 | $128,712.00 | | |
| 12/18/2014 | William J Merritt | CEO | Sell | 5,000 | $53.36 | $266,800.00 | | |
| 10/31/2014 | John A Kritzmacher | Director | Sell | 2,000 | $49.38 | $98,760.00 | | |
| 8/12/2014 | John A Kritzmacher | Director | Sell | 2,000 | $43.24 | $86,480.00 | | |
| 7/15/2014 | Edward Kamins | Director | Sell | 7,000 | $46.78 | $327,460.00 | | |
| 7/14/2014 | Lawrence F Shay | VP | Sell | 6,057 | $46.58 | $282,135.06 | | |
| 7/30/2013 | John A Kritzmacher | Director | Sell | 2,000 | $40.00 | $80,000.00 | | |
| 11/12/2012 | William J Merritt | CEO | Sell | 2,644 | $42.00 | $111,048.00 | | |
(Data available from 1/1/2013 forward)
InterDigital (NASDAQ IDCC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Eric Cohen Joins InterDigital as Chief Development Officer
finance.yahoo.com - April 23 at 9:22 AM |
 | Financial Review: InterDigital (IDCC) versus Acacia Research (ACTG)
www.americanbankingnews.com - April 22 at 7:26 AM |
| InterDigital (IDCC) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 22 at 5:32 AM |
| EX-Dividend Schedule: InterDigital Has a Dividend Yield of 1.77%; Will Trade Ex-Dividend on April 20, 2018
finance.yahoo.com - April 19 at 9:17 AM |
| InterDigital (IDCC) Set to Announce Earnings on Thursday
www.americanbankingnews.com - April 19 at 3:16 AM |
| James J. Nolan Sells 7,765 Shares of InterDigital (IDCC) Stock
www.americanbankingnews.com - April 18 at 7:31 PM |
| Jannie K. Lau Sells 9,700 Shares of InterDigital (IDCC) Stock
www.americanbankingnews.com - April 18 at 7:13 PM |
| InterDigital (IDCC) Cut to "Strong Sell" at BidaskClub
www.americanbankingnews.com - April 18 at 6:22 PM |
| InterDigital (IDCC) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - April 18 at 9:55 AM |
 | Form DEF 14A InterDigital, Inc. For: May 31
www.streetinsider.com - April 18 at 9:25 AM |
| Only 3 Days Left To Cash In On InterDigital Inc (NASDAQ:IDCC) Dividend, Should Investors Buy?
finance.yahoo.com - April 16 at 9:28 AM |
 | Research Report Identifies InterDigital, CURO Group, ExlService, Fabrinet, China Lodging Group, and Armstrong ...
globenewswire.com - April 13 at 9:15 AM |
| Research Report Identifies InterDigital, CURO Group, ExlService, Fabrinet, China Lodging Group, and Armstrong World Industries with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
finance.yahoo.com - April 13 at 9:15 AM |
| InterDigital (IDCC) Raised to Buy at Sidoti
www.americanbankingnews.com - April 12 at 7:57 PM |
| InterDigital (IDCC) Mobile Research Unit, XCellAIr, Acquired by Fon
www.streetinsider.com - April 12 at 4:55 PM |
| Fon Acquires XCellAir to Reinforce Fontech's Home WiFi Solution and Strengthen Its North American Presence
finance.yahoo.com - April 12 at 4:55 PM |
| InterDigital (IDCC) Downgraded by ValuEngine
www.americanbankingnews.com - April 10 at 7:51 PM |
| InterDigital's (IDCC) Buy Rating Reiterated at B. Riley
www.americanbankingnews.com - April 9 at 9:46 PM |
| InterDigital (IDCC) vs. RPX (RPXC) Critical Comparison
www.americanbankingnews.com - April 8 at 11:23 AM |
| Comparing InterDigital (IDCC) & Joint (JYNT)
www.americanbankingnews.com - April 7 at 9:55 AM |
| Head to Head Survey: Dolby Laboratories (DLB) and InterDigital (IDCC)
www.americanbankingnews.com - April 7 at 5:21 AM |
 | Interdigital (IDCC) Shares Cross Above 200 DMA
www.nasdaq.com - April 5 at 9:33 AM |
| InterDigital and Kyocera Corporation Sign Multi-Year Patent License Agreement
finance.yahoo.com - April 4 at 9:00 AM |
| InterDigital (IDCC) Rating Reiterated by B. Riley
www.americanbankingnews.com - March 30 at 10:02 PM |
| InterDigital (IDCC) Cut to Sell at Zacks Investment Research
www.americanbankingnews.com - March 29 at 7:58 PM |
| InterDigital (IDCC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 28 at 5:43 AM |
| InterDigital (IDCC) Upgraded to Strong-Buy by Zacks Investment Research
www.americanbankingnews.com - March 27 at 10:56 PM |
| InterDigital (IDCC) Upgraded by BidaskClub to "Sell"
www.americanbankingnews.com - March 25 at 2:34 PM |
| InterDigital (IDCC) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 25 at 10:57 AM |
| InterDigital (IDCC) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 24 at 11:46 PM |
| InterDigital CEO: Representatives Stivers and Foster Spur American Innovation With New Stronger Patents Act - GlobeNewswire (press release)
globenewswire.com - March 21 at 9:28 AM |
| InterDigital Announces Successful oneM2M Hackathon Dallas 2018 - GlobeNewswire (press release)
globenewswire.com - March 21 at 9:28 AM |
| InterDigital Wins 5G Smart Tourism Bid - GlobeNewswire (press release)
globenewswire.com - March 21 at 9:28 AM |
| InterDigital Wins 5G Smart Tourism Bid
finance.yahoo.com - March 21 at 9:28 AM |
 | InterDigital CEO: Representatives Stivers and Foster Spur American Innovation With New Stronger Patents Act
feeds.benzinga.com - March 20 at 10:18 AM |
| InterDigital Announces Successful oneM2M Hackathon Dallas 2018
finance.yahoo.com - March 19 at 9:35 AM |
| Chordant Platform Achieves First oneM2M Certification Based on Expanded Verification Program
finance.yahoo.com - March 19 at 9:35 AM |
| InterDigital Congratulates Bristol on Smart City GLOMO Win
finance.yahoo.com - March 15 at 10:03 AM |
| Head to Head Analysis: Ixia (XXIA) versus InterDigital (IDCC)
www.americanbankingnews.com - March 13 at 11:58 AM |
| InterDigital, Inc. Plans Quarterly Dividend of $0.35 (IDCC)
www.americanbankingnews.com - March 12 at 5:46 PM |
| General American Investors Co. Inc. Acquires New Holdings in InterDigital, Inc. (IDCC)
www.americanbankingnews.com - March 6 at 9:04 AM |
| Stewart D. Hutcheson Sells 272 Shares of InterDigital, Inc. (IDCC) Stock
www.americanbankingnews.com - March 5 at 7:53 PM |
| InterDigital Announces Conversion Rate Adjustment to and Convertibility of 1.50% Senior Convertible Notes Due 2020
finance.yahoo.com - March 5 at 4:58 PM |
| Schroder Investment Management Group Buys 15,468 Shares of InterDigital, Inc. (IDCC)
www.americanbankingnews.com - March 5 at 9:40 AM |
| InterDigital, Inc. (IDCC) Stake Boosted by Landscape Capital Management L.L.C.
www.americanbankingnews.com - March 4 at 2:29 PM |
| InterDigital, Inc. (IDCC) Shares Sold by Credit Agricole S A
www.americanbankingnews.com - March 4 at 5:38 AM |
| Burney Co. Sells 22,819 Shares of InterDigital, Inc. (IDCC)
www.americanbankingnews.com - March 4 at 5:04 AM |
| Commit To Purchase Interdigital At $60, Earn 7.2% Annualized Using Options - Nasdaq
www.nasdaq.com - March 3 at 4:50 PM |
| InterDigital (IDCC) to Acquire Technicolor's Patent Licensing Business for $150M+ - StreetInsider.com
www.streetinsider.com - March 3 at 4:50 PM |
| InterDigital, Inc. (IDCC) Shares Bought by Swiss National Bank
www.americanbankingnews.com - March 3 at 7:35 AM |
InterDigital (NASDAQ:IDCC) SEC Filings
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InterDigital (NASDAQ:IDCC) Income Statement, Balance Sheet and Cash Flow Statement
InterDigital (NASDAQ IDCC) Stock Chart for Tuesday, April, 24, 2018
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