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

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$64.38 -2.01 (-3.03 %)
(As of 03/24/2019 01:27 PM ET)
Previous Close$64.38
Today's Range$64.36 - $66.44
52-Week Range$62.34 - $85.85
Volume302,706 shs
Average Volume425,013 shs
Market Capitalization$2.10 billion
P/E Ratio35.57
Dividend Yield2.17%
Beta1.19
InterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. It provides 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, as well as mobile terminal devices; and 3GPP technology portfolio in 5G NR, LTE-Advanced, and cellular Internet of Things (IoT) areas, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. It also provides video encoding and transmission technologies; technologies to enable interconnection for various access types comprising cellular, WLAN, and LPWA, as well as IoT service frameworks; interoperability and scalability solutions through oneMPOWER platform; and oneTRANSPORT data marketplace that offers common interface to vraious service providers allowing public authorities to control and monetize, and companies to access IoT data in real-time. In addition, the company engages in the development of technologies in the areas of security and analytics, sensor technologies, and other areas. Its patented technologies are used in various products that include cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment, which comprise base stations; components, dongles, and modules for wireless devices; and IoT devices and software platforms. As of December 31, 2018, the company had a portfolio of approximately 34,000 patents and patent applications related fundamental technologies that enable wireless communications, video encoding, display technology, and other areas. InterDigital, Inc. was founded in 1972 and is headquartered in Wilmington, Delaware.

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Industry, Sector and Symbol

Industry Patent owners & lessors
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:IDCC
CUSIP45867G10
Phone302-281-3600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$307.40 million
Cash Flow$3.8413 per share
Book Value$27.72 per share

Profitability

Net Income$63.87 million

Miscellaneous

Employees390
Market Cap$2.10 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

InterDigital Wireless (NASDAQ:IDCC) Frequently Asked Questions

What is InterDigital Wireless' stock symbol?

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

How often does InterDigital Wireless pay dividends? What is the dividend yield for InterDigital Wireless?

InterDigital Wireless announced 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 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend is Tuesday, January 8th. View InterDigital Wireless' Dividend History.

How will InterDigital Wireless' stock buyback program work?

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

How were InterDigital Wireless' earnings last quarter?

InterDigital Wireless Inc (NASDAQ:IDCC) posted its quarterly earnings results on Thursday, February, 21st. The Wireless communications provider reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.18. The Wireless communications provider earned $75.33 million during the quarter, compared to analyst estimates of $77.36 million. InterDigital Wireless had a return on equity of 7.95% and a net margin of 20.78%. The company's revenue for the quarter was down 63.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.48 EPS. View InterDigital Wireless' Earnings History.

When is InterDigital Wireless' next earnings date?

InterDigital Wireless is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for InterDigital Wireless.

What guidance has InterDigital Wireless issued on next quarter's earnings?

InterDigital Wireless issued an update on its first quarter 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $70-75 million, compared to the consensus revenue estimate of $73.93 million.

What price target have analysts set for IDCC?

4 equities research analysts have issued 12 month target prices for InterDigital Wireless' shares. Their predictions range from $90.00 to $104.00. On average, they expect InterDigital Wireless' stock price to reach $99.00 in the next twelve months. This suggests a possible upside of 53.8% from the stock's current price. View Analyst Price Targets for InterDigital Wireless.

What is the consensus analysts' recommendation for InterDigital Wireless?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital Wireless in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for InterDigital Wireless.

Has InterDigital Wireless been receiving favorable news coverage?

News coverage about IDCC stock has been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of 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 positive five, with scores closest to five being the most favorable. InterDigital Wireless earned a news sentiment score of 2.1 on InfoTrie's scale. They also gave news coverage about the Wireless communications provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.

Who are some of InterDigital Wireless' key competitors?

What other stocks do shareholders of InterDigital Wireless own?

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital Wireless investors own include Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), QUALCOMM (QCOM), Intel (INTC), Lam Research (LRCX), Starbucks (SBUX), Micron Technology (MU), Gilead Sciences (GILD) and IBM (IBM).

Who are InterDigital Wireless' key executives?

InterDigital Wireless' management team includes the folowing people:
  • Mr. William J. Merritt, Pres, CEO & Director (Age 60)
  • Mr. Richard J. Brezski, CFO & Treasurer (Age 46)
  • Mr. Kai Olavi Öistämö, Chief Operating Officer (Age 55)
  • Ms. Jannie K. Lau, Chief Legal Officer, Gen. Counsel & Corp. Sec. (Age 43)
  • Mr. Jeffrey K. Belk, Exec. VP of Bus. Devel. & Pres of the InterDigital China (Age 56)

Who are InterDigital Wireless' major shareholders?

InterDigital Wireless' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.34%), Norges Bank (1.89%), Northern Trust Corp (1.85%), D. E. Shaw & Co. Inc. (1.53%), Segall Bryant & Hamill LLC (0.83%) and Nomura Holdings Inc. (0.67%). Company insiders that own InterDigital Wireless stock include James J Nolan, Jannie K Lau, Jeffrey K Belk, Lawrence F Shay, Scott A Mcquilkin, Stewart D Hutcheson and William J Merritt. View Institutional Ownership Trends for InterDigital Wireless.

Which major investors are selling InterDigital Wireless stock?

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.

Which major investors are buying InterDigital Wireless stock?

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

How do I buy shares of 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.

What is InterDigital Wireless' stock price today?

One share of IDCC stock can currently be purchased for approximately $64.38.

How big of a company is InterDigital Wireless?

InterDigital Wireless has a market capitalization of $2.10 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.

What is InterDigital Wireless' official website?

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

How can I contact InterDigital Wireless?

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]


MarketBeat Community Rating for InterDigital Wireless (NASDAQ IDCC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  350 (Vote Outperform)
Underperform Votes:  406 (Vote Underperform)
Total Votes:  756
MarketBeat's community ratings are surveys of what our community members think about InterDigital Wireless 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.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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