About InterDigital (NASDAQ:IDCC)
InterDigital, Inc. designs and develops technologies for wireless communications. The Company is focused on three technology areas: cellular wireless technology, Internet of things (IoT) technology, and, through its Hillcrest Laboratories, Inc. (Hillcrest Labs) subsidiary, sensor and sensor fusion technology. It offers 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. Products incorporating its inventions include mobile devices, such as cellular phones, tablets, notebook computers and wireless personal digital assistants; wireless infrastructure equipment, such as base stations; components, dongles and modules for wireless devices, and IoT devices and software platforms. The Company is developing a range of technologies in the areas of video compression and delivery, security, analytics, and other areas.
Industry, Sector and Symbol
Industry Communications & Networking
SectorComputer and Technology
Trailing P/E Ratio10.58012511067
Forward P/E Ratio13.39
Sales & Book Value
Annual Sales$665.85 million
Price / Sales3.99
Cash Flow$9.96 per share
Price / Cash7.69
Book Value$22.00 per share
Price / Book3.48
Net Income$309 million
Return on Equity32.77%
Return on Assets14.02%
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 Friday, December 8th. Shareholders of record on Wednesday, January 10th will be paid a dividend of $0.35 per share on Wednesday, January 24th. This represents a $1.40 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Tuesday, January 9th. View InterDigital's Dividend History.
How will InterDigital's stock buyback program work?
InterDigital announced that its board has approved a stock repurchase program on Friday, September 15th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 4.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.
How were InterDigital's earnings last quarter?
InterDigital, Inc. (NASDAQ:IDCC) announced its quarterly earnings data on Thursday, October, 26th. The Wireless communications provider reported $1.00 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.34. The Wireless communications provider had revenue of $97.30 million for the quarter, compared to analyst estimates of $94.13 million. InterDigital had a net margin of 42.94% and a return on equity of 32.77%. InterDigital's quarterly revenue was down 53.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.99 EPS. View InterDigital's Earnings History.
When will InterDigital make its next earnings announcement?
Where is InterDigital's stock going? Where will InterDigital's stock price be in 2018?
4 brokers have issued twelve-month price targets for InterDigital's stock. Their predictions range from $88.00 to $100.00. On average, they expect InterDigital's stock price to reach $94.00 in the next twelve months. View Analyst Ratings for InterDigital.
Who are some of InterDigital's key competitors?
Some companies that are related to InterDigital include Brocade Communications Systems (BRCD), ARRIS International (ARRS), ViaSat (VSAT), Lumentum (LITE), Ciena (CIEN), Riverbed Technology (RVBD), Belden (BDC), Viavi Solutions (VIAV), Finisar (FNSR), West (WSTC), Plantronics (PLT), Polycom (PLCM), Acacia Communications (ACIA), Ixia (XXIA), Casa Systems (CASA), Infinera (INFN), Oclaro (OCLR) and ADTRAN (ADTN).
Who are InterDigital's key executives?
InterDigital's management team includes the folowing people:
- William J. Merritt, President, Chief Executive Officer, Director (Age 58)
- Richard J. Brezski, Chief Financial Officer, Treasurer (Age 44)
- Jannie K. Lau, Executive Vice President, General Counsel, Secretary (Age 41)
- Scott A. McQuilkin, Senior Executive Vice President - Innovation (Age 62)
- James J. Nolan, Executive Vice President - IoT Solutions (Age 56)
- Lawrence F. Shay, Senior Executive Vice President - Future Wireless, Chief Intellectual Property Counsel (Age 58)
- Timothy J. Berghuis, Chief Licensing Officer
- Jeffrey K. Belk, Independent Director (Age 54)
- Joan H Gillman, Independent Director (Age 53)
- S. Douglas Hutcheson, Independent Director (Age 61)
Who owns InterDigital stock?
InterDigital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.43%), Geode Capital Management LLC (0.99%), Cardinal Capital Management LLC CT (0.97%), Two Sigma Advisers LP (0.86%), BTIM Corp. (0.79%) and TIAA CREF Investment Management LLC (0.72%). Company insiders that own InterDigital stock include James J Nolan, Jannie K Lau, Jean F Rankin, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Robert S Roath, Scott A Mcquilkin and William J Merritt. View Institutional Ownership Trends for InterDigital.
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 Creative Planning, Guggenheim Capital LLC, Credit Agricole S A, Geode Capital Management LLC, Millennium Management LLC, Metropolitan Life Insurance Co. NY, Smith Asset Management Group LP and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. Company insiders that have sold InterDigital company stock in the last year include James J Nolan, Jannie K Lau, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Scott A Mcquilkin and William J Merritt. View Insider Buying and Selling for InterDigital.
Who bought InterDigital stock? Who is buying InterDigital stock?
InterDigital's stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management LLC CT, Two Sigma Advisers LP, General American Investors Co. Inc., Gotham Asset Management LLC, Amundi Pioneer Asset Management Inc., Renaissance Technologies LLC, AXA and MetLife Investment Advisors LLC. View Insider Buying and Selling for InterDigital.
How do I buy InterDigital stock?
Shares of InterDigital 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 InterDigital stock can currently be purchased for approximately $76.60.
How big of a company is InterDigital?
InterDigital has a market capitalization of $2.75 billion and generates $665.85 million in revenue each year. The Wireless communications provider earns $309 million in net income (profit) each year or $7.24 on an earnings per share basis. InterDigital employs 360 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
InterDigital (NASDAQ:IDCC) Earnings History and Estimates Chart
InterDigital (NASDAQ IDCC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$0.66||$1.00||$94.13 million||$97.30 million||View||N/A|
|7/27/2017||Q2 2017||$1.41||$1.46||$133.69 million||$135.78 million||View||N/A|
|4/27/2017||Q1 2017||$0.71||$0.93||$92.90 million||$94.53 million||View||N/A|
|2/23/2017||Q416||$3.84||$3.85||$262.57 million||$273.90 million||View||N/A|
|10/27/2016||Q316||$3.01||$2.99||$210.68 million||$208.30 million||View||Listen|
|8/2/2016||Q216||$0.31||$1.14||$76.60 million||$75.90 million||View||N/A|
|4/28/2016||Q116||$0.78||$0.79||$101.36 million||$107.80 million||View||Listen|
|2/18/2016||Q415||$0.72||$0.92||$103.23 million||$112.10 million||View||Listen|
|10/30/2015||Q315||$0.24||$0.68||$79.04 million||$100.40 million||View||Listen|
|7/30/2015||Q215||$0.78||$0.89||$108.27 million||$118.55 million||View||Listen|
|4/29/2015||Q115||$0.77||$0.84||$108.65 million||$110.38 million||View||Listen|
|2/19/2015||Q414||$0.36||$0.36||$85.90 million||$86.10 million||View||Listen|
|10/30/2014||Q314||$0.20||$0.34||$70.90 million||$77.60 million||View||N/A|
|8/7/2014||Q214||$2.13||$1.93||$192.30 million||$194.20 million||View||N/A|
|5/1/2014||Q114||($0.16)||($0.05)||$56.60 million||$57.84 million||View||N/A|
|2/20/2014||Q413||$0.30||$0.35||$81.60 million||$9.70 million||View||N/A|
|10/31/2013||Q313||$0.01||$0.64||$51.79 million||$110.60 million||View||N/A|
|7/25/2013||Q2 2013||$0.15||$0.22||$68.18 million||$67.70 million||View||N/A|
|4/25/2013||Q1 2013||($0.20)||($0.30)||$46.90 million||$46.91 million||View||N/A|
|2/20/2013||Q4 2012||$0.06||$0.38||$61.17 million||$87.90 million||View||N/A|
InterDigital (NASDAQ:IDCC) Earnings Estimates
2018 EPS Consensus Estimate: $1.87
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
InterDigital (NASDAQ:IDCC) Dividend Information
|Most Recent Dividend:||1/24/2018|
|Payout Ratio:||19.34% (Trailing 12 Months of Earnings) |
24.48% (Based on This Year's Estimates)
89.17% (Based on Next Year's Estimates)
InterDigital (NASDAQ:IDCC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
InterDigital (NASDAQ IDCC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 71.62%
InterDigital (NASDAQ IDCC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|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|| |
InterDigital (NASDAQ IDCC) News Headlines
|InterDigital to Showcase 5G Millimeter Wave Integrated With OPENAIRINTERFACE LTE Solution|
finance.yahoo.com - February 21 at 9:35 AM
|InterDigital’s Alan Carlton to Particpate in MWC18 5G Panel Discussion: Core or Edge?|
finance.yahoo.com - February 21 at 9:35 AM
|InterDigital (IDCC) & Emulex (ELX) Head to Head Survey|
www.americanbankingnews.com - February 17 at 12:26 PM
|Reviewing InterDigital (IDCC) and Telefonaktiebolaget LM Ericsson (ERIC)|
www.americanbankingnews.com - February 15 at 1:36 PM
|Analysts Expect MDY Will Reach $372|
www.nasdaq.com - February 14 at 3:29 PM
|Head to Head Analysis: InterDigital (IDCC) & AudioCodes (AUDC)|
www.americanbankingnews.com - February 14 at 11:26 AM
|InterDigital (IDCC) Set to Announce Quarterly Earnings on Wednesday|
www.americanbankingnews.com - February 14 at 2:20 AM
|InterDigital, Inc. (IDCC) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - February 6 at 5:10 AM
|InterDigital Announces Upcoming Executive Retirements, New Chief Licensing Officer - GlobeNewswire (press release)|
globenewswire.com - February 2 at 6:45 AM
|InterDigital Announces Upcoming Executive Retirements, New Chief Licensing Officer|
finance.yahoo.com - January 31 at 3:26 PM
|InterDigital Announces Successful Demonstration of 5G Ready mmW Wireless Crosshaul Transport|
finance.yahoo.com - January 31 at 6:56 AM
|InterDigital Announces Date for Fourth Quarter and Full Year 2017 ... - GlobeNewswire (press release)|
globenewswire.com - January 30 at 3:26 PM
|Harris (HRS) Beats on Q2 Earnings, Updates FY18 Guidance|
finance.yahoo.com - January 30 at 3:26 PM
|InterDigital Announces Date for Fourth Quarter and Full Year 2017 Financial Results|
finance.yahoo.com - January 30 at 3:26 PM
|InterDigital Joins European and Taiwanese Consortium to Deliver a 5G Converged Radio Access Network Living at the ... - Nasdaq|
www.nasdaq.com - January 30 at 6:40 AM
|InterDigital Joins European and Taiwanese Consortium to Deliver a ... - GlobeNewswire (press release)|
globenewswire.com - January 29 at 6:43 AM
|InterDigital Joins European and Taiwanese Consortium to Deliver a 5G Converged Radio Access Network Living at the Edge|
finance.yahoo.com - January 29 at 6:43 AM
|InterDigital (IDCC) Stock Rating Lowered by BidaskClub|
www.americanbankingnews.com - January 28 at 8:54 AM
|Smart City Tech to Drive Over 5% Incremental GDP, Trillions in Economic Growth Over the Next Decade Reports ABI Research|
finance.yahoo.com - January 24 at 10:22 AM
|InterDigital, Inc. (IDCC) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - January 12 at 5:42 AM
|FPA Capital Fund Establishes 4 New Positions in 4th Quarter|
finance.yahoo.com - January 11 at 3:27 PM
|Smart Devices Aren't Talking to Each Other, Says IDC's Llamas|
finance.yahoo.com - January 9 at 9:45 AM
|Ex-Dividend Reminder: Interdigital, UDR and Toronto Dominion Bank|
www.nasdaq.com - January 5 at 3:28 PM
|3 Days Left To Cash In On InterDigital Inc (NASDAQ:IDCC) Dividend, Should You Buy?|
finance.yahoo.com - January 5 at 8:59 AM
|InterDigital, Inc. (IDCC) to Post FY2017 Earnings of $5.66 Per Share, B. Riley Forecasts|
www.americanbankingnews.com - January 5 at 8:14 AM
|Insider Selling: InterDigital, Inc. (IDCC) EVP Sells 500 Shares of Stock|
www.americanbankingnews.com - January 2 at 7:58 PM
|Is InterDigital Inc (NASDAQ:IDCC) As Financially Strong As Its Balance Sheet Indicates?|
finance.yahoo.com - December 29 at 9:17 AM
|Analyzing InterDigital (IDCC) and Acme Packet (APKT)|
www.americanbankingnews.com - December 28 at 1:13 PM
|InterDigital Inc (IDCC.O)|
www.reuters.com - December 19 at 8:59 AM
|InterDigital, Inc. (IDCC) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - December 18 at 5:40 AM
|InterDigital, Inc. breached its 50 day moving average in a Bearish Manner : IDCC-US : December 15, 2017|
finance.yahoo.com - December 15 at 8:36 AM
|Hillcrest Labs Launches High Precision Sensor Hub to Advance Navigation Systems in Cost Critical Consumer Robots - GlobeNewswire (press release)|
globenewswire.com - December 12 at 3:26 PM
|Hillcrest Labs Announces Enhanced Sensor Node With Best-In-Class Motion Tracking for Virtual Reality, Augmented Reality and 3D Audio Devices|
finance.yahoo.com - December 12 at 8:44 AM
|Hillcrest Labs Launches High Precision Sensor Hub to Advance Navigation Systems in Cost Critical Consumer Robots|
finance.yahoo.com - December 12 at 8:44 AM
|Dougherty & Co Weighs in on InterDigital, Inc.'s FY2018 Earnings (IDCC)|
www.americanbankingnews.com - December 11 at 8:55 AM
|Analyzing InterDigital (IDCC) and Inseego (INSG)|
www.americanbankingnews.com - December 10 at 9:32 AM
|InterDigital, Inc. (IDCC) Announces Quarterly Dividend of $0.35|
www.americanbankingnews.com - December 8 at 5:40 PM
|InterDigital, Inc. – Value Analysis (NASDAQ:IDCC) : December 6, 2017|
finance.yahoo.com - December 6 at 3:26 PM
|InterDigital (IDCC) Receives "Buy" Rating from B. Riley|
www.americanbankingnews.com - December 5 at 3:48 PM
|B.Riley/FBR Remains Positive on InterDigital (IDCC), Believes Investors Should Add to Positions - StreetInsider.com|
www.streetinsider.com - December 5 at 3:26 PM
|InterDigital, Inc. breached its 50 day moving average in a Bullish Manner : IDCC-US : December 5, 2017|
finance.yahoo.com - December 5 at 8:50 AM
|InterDigital Updates Revenue Guidance for Fourth Quarter 2017 - GlobeNewswire (press release)|
globenewswire.com - December 4 at 3:25 PM
|InterDigital and LG Electronics, Inc. Sign Multi-Year Patent License Agreement|
finance.yahoo.com - December 4 at 8:52 AM
|James J. Nolan Sells 5,020 Shares of InterDigital, Inc. (IDCC) Stock|
www.americanbankingnews.com - November 28 at 4:42 PM
|InterDigital, Inc. (IDCC) PT Set at $100.00 by B. Riley|
www.americanbankingnews.com - November 25 at 6:10 PM
|InterDigital, Inc. (IDCC) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - November 23 at 10:10 AM
|FY2017 EPS Estimates for InterDigital, Inc. (IDCC) Raised by Analyst|
www.americanbankingnews.com - November 22 at 6:22 AM
|FY2018 EPS Estimates for InterDigital, Inc. (IDCC) Decreased by Dougherty & Co|
www.americanbankingnews.com - November 21 at 2:56 PM
|B. Riley Brokers Reduce Earnings Estimates for InterDigital, Inc. (IDCC)|
www.americanbankingnews.com - November 17 at 10:12 PM
|InterDigital Wins IDTechEX Best IoT Technology Development Award for oneTRANSPORT Data Marketplace - GlobeNewswire (press release)|
globenewswire.com - November 17 at 5:35 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 Wednesday, February, 21, 2018