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
SectorComputer and Technology
Trailing P/E Ratio14.09
Forward P/E Ratio94.89
Sales & Book Value
Annual Sales$532.94 million
Price / Sales5.57
Cash Flow$8.2672 per share
Price / Cash10.33
Book Value$25.15 per share
Price / Book3.40
EPS (Most Recent Fiscal Year)$6.06
Net Income$174.29 million
Return on Equity25.85%
Return on Assets12.64%
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 announced a quarterly dividend on Thursday, May 31st. Investors 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 dividend yield of 1.64%. The ex-dividend date is Tuesday, July 10th. View InterDigital's Dividend History.
How will InterDigital's stock buyback program work?
InterDigital announced that its board has approved a stock buyback plan on Friday, September 15th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 4.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.
How were InterDigital's earnings last quarter?
InterDigital (NASDAQ:IDCC) announced its quarterly earnings results 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 analysts' expectations of $69.69 million. InterDigital had a net margin of 32.42% and a return on equity of 25.85%. InterDigital's revenue for the quarter was down 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.93 EPS. View InterDigital's Earnings History.
What price target have analysts set for IDCC?
4 brokerages have issued 12-month price targets for InterDigital's shares. Their predictions range from $87.00 to $104.00. On average, they expect InterDigital's share price to reach $95.00 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 Dolby Laboratories (DLB), TiVo (TIVO), RPX (RPXC), Acacia Research (ACTG), Quarterhill (QTRH), Digital Turbine (APPS), Joint (JYNT), Liberty Tax (TAX), Finjan (FNJN), MGT Capital Investments (MGTI), Copytele (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR) and ARC Group (ARCK).
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?
News stories about IDCC stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. InterDigital earned a media sentiment score of 0.11 on Accern's scale. They also gave press coverage about the Wireless communications provider an impact score of 46.55 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are InterDigital's major shareholders?
InterDigital's stock is owned by many different of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (2.94%), Royal Bank of Canada (1.99%), Cardinal Capital Management LLC CT (1.99%), Northern Trust Corp (1.82%), First Pacific Advisors LLC (1.77%) and New York State Common Retirement Fund (0.90%). 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.
Which major investors are selling InterDigital stock?
IDCC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Royal Bank of Canada, UBS Group AG, Hsbc Holdings PLC, Hays Advisory LLC, Schroder Investment Management Group, Verition Fund Management LLC and Boston Partners. Company insiders that have sold InterDigital company stock in the last year include James J Nolan, Jannie K Lau, Scott A Mcquilkin, Stewart D Hutcheson and William J Merritt. View Insider Buying and Selling for InterDigital.
Which major investors are buying InterDigital stock?
IDCC stock was bought by a variety of institutional investors in the last quarter, including Cardinal Capital Management LLC CT, Lord Abbett & CO. LLC, Goodman Financial Corp, Russell Investments Group Ltd., New York State Common Retirement Fund, First Pacific Advisors LLC, General American Investors Co. Inc. and Personal Capital Advisors Corp. View Insider Buying and Selling for InterDigital.
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 $85.40.
How big of a company is InterDigital?
InterDigital has a market capitalization of $2.97 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.