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

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

InterDigital Wireless declared a quarterly dividend on Monday, December 16th. Stockholders of record on Wednesday, January 8th will be given a dividend of $0.35 per share on Wednesday, January 22nd. This represents a $1.40 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Tuesday, January 7th. View InterDigital Wireless' Dividend History.

InterDigital Wireless Inc (NASDAQ:IDCC) posted its earnings results on Thursday, October, 31st. The Wireless communications provider reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.20) by $0.27. The Wireless communications provider had revenue of $72.52 million for the quarter, compared to analyst estimates of $72.82 million. InterDigital Wireless had a net margin of 3.08% and a return on equity of 1.07%. The company's revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 earnings per share. View InterDigital Wireless' Earnings History.

InterDigital Wireless is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for InterDigital Wireless.

InterDigital Wireless issued an update on its fourth quarter 2019 After-Hours earnings guidance on Monday, January, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $92-100 million, compared to the consensus revenue estimate of $88.83 million.

1 analysts have issued 1 year target prices for InterDigital Wireless' stock. Their forecasts range from $90.00 to $90.00. On average, they expect InterDigital Wireless' share price to reach $90.00 in the next year. This suggests a possible upside of 51.0% from the stock's current price. View Analyst Price Targets for InterDigital Wireless.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital Wireless in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for InterDigital Wireless.

News coverage about IDCC stock has been trending somewhat negative this week, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. InterDigital Wireless earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned news articles about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for InterDigital Wireless.

InterDigital Wireless saw a decrease in short interest in December. As of December 13th, there was short interest totalling 1,280,000 shares, a decrease of 9.9% from the November 28th total of 1,420,000 shares. Based on an average trading volume of 285,000 shares, the days-to-cover ratio is presently 4.5 days. Approximately 4.2% of the shares of the company are sold short. View InterDigital Wireless' Current Options Chain.

Some companies that are related to InterDigital Wireless include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR), Comtech Telecomm. (CMTL) and NetGear (NTGR).

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital Wireless investors own include Bank of Hawaii (BOH), Stag Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), Celgene (CELG), Verizon Communications (VZ), PepsiCo (PEP), Ribbon Communications (RBBN), Harvard Bioscience (HBIO) and Micron Technology (MU).

InterDigital Wireless' stock is owned by many different of institutional and retail investors. Top institutional investors include Boston Trust Walden Corp (0.75%), Strid Group LLC (0.18%), Roubaix Capital LLC (0.16%), Smithbridge Asset Management Inc. DE (0.04%), Nisa Investment Advisors LLC (0.02%) and Sciencast Management LP (0.02%). Company insiders that own InterDigital Wireless stock include James J Nolan, Jannie K Lau, Jean F Rankin, Jeffrey K Belk, 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 Boston Trust Walden Corp, Smithbridge Asset Management Inc. DE, Nisa Investment Advisors LLC, Strid Group LLC and State of Alaska Department of Revenue. Company insiders that have sold InterDigital Wireless company stock in the last year include Jean F Rankin, 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 Roubaix Capital LLC, Equitec Specialists LLC and Sciencast Management LP. 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, Robinhood, Fidelity and Charles Schwab.

One share of IDCC stock can currently be purchased for approximately $59.62.

InterDigital Wireless has a market capitalization of $1.86 billion and generates $307.40 million in revenue each year. The Wireless communications provider earns $63.87 million in net income (profit) each year or $1.81 on an earnings per share basis. InterDigital Wireless employs 390 workers across the globe.View Additional Information About InterDigital Wireless.

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]