InterDigital Company Profile (NASDAQ:IDCC)

About InterDigital (NASDAQ:IDCC)

InterDigital logoInterDigital, 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:
  • Sector: Computer and Technology
  • Industry: Communications & Networking
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:IDCC
  • CUSIP: 45867G10
  • Web:
  • Market Cap: $2.59987 billion
  • Outstanding Shares: 34,711,000
Average Prices:
  • 50 Day Moving Avg: $72.64
  • 200 Day Moving Avg: $78.33
  • 52 Week Range: $67.55 - $102.30
  • Trailing P/E Ratio: 8.13
  • Foreward P/E Ratio: 24.52
  • P/E Growth: 0.76
Sales & Book Value:
  • Annual Revenue: $712.48 million
  • Price / Sales: 3.63
  • Book Value: $22.84 per share
  • Price / Book: 3.26
  • Annual Dividend: $1.40
  • Dividend Yield: 1.9%
  • EBITDA: $534.85 million
  • Net Margins: 45.92%
  • Return on Equity: 44.58%
  • Return on Assets: 19.04%
  • Debt-to-Equity Ratio: 0.35%
  • Current Ratio: 3.52%
  • Quick Ratio: 3.52%
  • Average Volume: 313,498 shs.
  • Beta: 0.93
  • Short Ratio: 5.95

Frequently Asked Questions for InterDigital (NASDAQ:IDCC)

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, September 15th. Investors of record on Wednesday, October 11th will be given a dividend of $0.35 per share on Wednesday, October 25th. This represents a $1.40 annualized dividend and a yield of 1.88%. The ex-dividend date is Tuesday, October 10th. This is a boost from InterDigital's previous quarterly dividend of $0.30. View InterDigital's Dividend History.

How will InterDigital's stock buyback program work?

InterDigital declared that its Board of Directors has initiated a stock repurchase program on Friday, September 15th 2017, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) issued its quarterly earnings data on Thursday, July, 27th. The company reported $1.46 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.41 by $0.05. The firm earned $135.78 million during the quarter, compared to analyst estimates of $133.69 million. InterDigital had a net margin of 45.92% and a return on equity of 44.58%. The firm's revenue for the quarter was up 78.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.14 EPS. View InterDigital's Earnings History.

When will InterDigital make its next earnings announcement?

InterDigital is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for InterDigital.

Where is InterDigital's stock going? Where will InterDigital's stock price be in 2017?

4 brokers have issued 12 month price targets for InterDigital's shares. Their forecasts range from $86.00 to $100.00. On average, they anticipate InterDigital's share price to reach $91.33 in the next twelve months. View Analyst Ratings for InterDigital.

Who are some of InterDigital's key competitors?

Who are InterDigital's key executives?

InterDigital's management team includes the folowing people:

  • William J. Merritt, President, Chief Executive Officer, Director
  • Richard J. Brezski, Chief Financial Officer, Treasurer
  • Jannie K. Lau, Executive Vice President, General Counsel, Secretary
  • Scott A. McQuilkin, Senior Executive Vice President - Innovation
  • James J. Nolan, Executive Vice President - IoT Solutions
  • Lawrence F. Shay, Senior Executive Vice President - Future Wireless, Chief Intellectual Property Counsel
  • Jeffrey K. Belk, Independent Director
  • Joan H. Gillman, Independent Director
  • S. Douglas Hutcheson, Independent Director
  • John A. Kritzmacher, Independent Director

How do I buy InterDigital stock?

Shares of InterDigital can be purchased through any online brokerage account. Popular online brokerages 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 $74.55.

MarketBeat Community Rating for InterDigital (NASDAQ IDCC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  406
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.

Analyst Ratings

Consensus Ratings for InterDigital (NASDAQ:IDCC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $91.33 (22.51% upside)
Consensus Price Target History for InterDigital (NASDAQ:IDCC)
Price Target History for InterDigital (NASDAQ:IDCC)
Analysts' Ratings History for InterDigital (NASDAQ:IDCC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/28/2017B. RileyReiterated RatingBuy$100.00LowView Rating Details
8/8/2017SidotiUpgradeNeutral -> BuyHighView Rating Details
4/25/2017Benchmark Co.Initiated CoverageHold -> HoldLowView Rating Details
2/24/2017Barclays PLCReiterated RatingEqual Weight -> Equal Weight$94.00 -> $88.00N/AView Rating Details
10/5/2016Dougherty & CoDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for InterDigital (NASDAQ:IDCC)
Earnings by Quarter for InterDigital (NASDAQ:IDCC)
Earnings History by Quarter for InterDigital (NASDAQ IDCC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.66N/AView Earnings Details
7/27/2017Q2 2017$1.41$1.46$133.69 million$135.78 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.71$0.93$92.90 million$94.53 millionViewN/AView Earnings Details
2/23/2017Q416$3.84$3.85$262.57 million$273.90 millionViewN/AView Earnings Details
10/27/2016Q316$3.01$2.99$210.68 million$208.30 millionViewListenView Earnings Details
8/2/2016Q216$0.31$1.14$76.60 million$75.90 millionViewN/AView Earnings Details
4/28/2016Q116$0.78$0.79$101.36 million$107.80 millionViewListenView Earnings Details
2/18/2016Q415$0.72$0.92$103.23 million$112.10 millionViewListenView Earnings Details
10/30/2015Q315$0.24$0.68$79.04 million$100.40 millionViewListenView Earnings Details
7/30/2015Q215$0.78$0.89$108.27 million$118.55 millionViewListenView Earnings Details
4/29/2015Q115$0.77$0.84$108.65 million$110.38 millionViewListenView Earnings Details
2/19/2015Q414$0.36$0.36$85.90 million$86.10 millionViewListenView Earnings Details
10/30/2014Q314$0.20$0.34$70.90 million$77.60 millionViewN/AView Earnings Details
8/7/2014Q214$2.13$1.93$192.30 million$194.20 millionViewN/AView Earnings Details
5/1/2014Q114($0.16)($0.05)$56.60 million$57.84 millionViewN/AView Earnings Details
2/20/2014Q413$0.30$0.35$81.60 million$9.70 millionViewN/AView Earnings Details
10/31/2013Q313$0.01$0.64$51.79 million$110.60 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.15$0.22$68.18 million$67.70 millionViewN/AView Earnings Details
4/25/2013Q1 2013($0.20)($0.30)$46.90 million$46.91 millionViewN/AView Earnings Details
2/20/2013Q4 2012$0.06$0.38$61.17 million$87.90 millionViewN/AView Earnings Details
10/24/2012$5.61$5.56ViewN/AView Earnings Details
7/25/2012$0.30$0.22ViewN/AView Earnings Details
4/25/2012$0.30$0.24ViewN/AView Earnings Details
2/23/2012$0.46$0.49ViewN/AView Earnings Details
4/27/2011$0.49$0.51ViewN/AView Earnings Details
2/23/2011$0.79$0.76ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for InterDigital (NASDAQ:IDCC)
2017 EPS Consensus Estimate: $3.57
2018 EPS Consensus Estimate: $2.71
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.74$1.11$0.93
Q2 20172$1.33$1.34$1.34
Q3 20172$0.60$0.74$0.67
Q4 20172$0.62$0.65$0.64
Q1 20182$0.53$0.74$0.64
Q2 20182$0.53$0.62$0.58
Q3 20182$0.53$0.87$0.70
Q4 20182$0.70$0.89$0.80
(Data provided by Zacks Investment Research)


Current Dividend Information for InterDigital (NASDAQ:IDCC)
Next Dividend:10/25/2017
Annual Dividend:$1.40
Dividend Yield:1.88%
Payout Ratio:15.17% (Trailing 12 Months of Earnings)
36.94% (Based on This Year's Estimates)
46.05% (Based on Next Year's Estimates)
Dividend Payments by Quarter for InterDigital (NASDAQ:IDCC)

Dividend History by Quarter for InterDigital (NASDAQ IDCC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for InterDigital (NASDAQ:IDCC)
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 71.01%
Insider Trades by Quarter for InterDigital (NASDAQ:IDCC)
Institutional Ownership by Quarter for InterDigital (NASDAQ:IDCC)
Insider Trades by Quarter for InterDigital (NASDAQ:IDCC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/29/2017Scott A McquilkinEVPSell500$75.00$37,500.00View SEC Filing  
8/7/2017James J NolanEVPSell2,294$71.30$163,562.20View SEC Filing  
6/30/2017Scott A McquilkinEVPSell500$79.15$39,575.00View SEC Filing  
6/9/2017Jeffrey K BelkDirectorSell800$84.39$67,512.00View SEC Filing  
5/12/2017Lawrence F ShayEVPSell8,000$85.88$687,040.00View SEC Filing  
5/8/2017James J NolanEVPSell8,596$83.83$720,602.68View SEC Filing  
3/31/2017Scott A McquilkinEVPSell500$85.75$42,875.00View SEC Filing  
3/20/2017Richard BrezskiCFOSell10,000$84.93$849,300.00View SEC Filing  
3/20/2017William J MerrittInsiderSell2,000$84.92$169,840.00View SEC Filing  
1/24/2017William J MerrittCEOSell9,000$90.06$810,540.00View SEC Filing  
1/23/2017William J MerrittCEOSell9,000$88.32$794,880.00View SEC Filing  
1/20/2017Jeffrey K BelkDirectorSell2,773$88.70$245,965.10View SEC Filing  
1/20/2017Lawrence F ShayEVPSell7,157$88.70$634,825.90View SEC Filing  
10/31/2016Richard BrezskiCFOSell6,807$70.00$476,490.00View SEC Filing  
10/12/2016Robert S RoathDirectorSell6,901$77.34$533,723.34View SEC Filing  
10/10/2016Jannie K LauEVPSell2,010$78.35$157,483.50View SEC Filing  
10/10/2016William J MerrittInsiderSell5,000$78.35$391,750.00View SEC Filing  
6/13/2016Jean F RankinDirectorSell950$58.36$55,442.00View SEC Filing  
6/8/2016Jannie K LauEVPSell6,132$59.50$364,854.00View SEC Filing  
3/30/2016Lawrence F ShayEVPSell4,233$55.00$232,815.00View SEC Filing  
2/23/2016William J MerrittCEOSell5,000$50.00$250,000.00View SEC Filing  
7/16/2015Jannie K LauEVPSell1,604$57.50$92,230.00View SEC Filing  
6/19/2015Robert S RoathDirectorSell7,992$59.31$474,005.52View SEC Filing  
6/1/2015William J MerrittCEOSell5,000$59.50$297,500.00View SEC Filing  
2/27/2015John A KritzmacherDirectorSell2,000$52.56$105,120.00View SEC Filing  
1/2/2015Lawrence F ShayVPSell7,036$52.31$368,053.16View SEC Filing  
12/29/2014Jannie K LauEVPSell2,295$54.17$124,320.15View SEC Filing  
12/22/2014Jeffrey K BelkDirectorSell2,400$53.63$128,712.00View SEC Filing  
12/18/2014William J MerrittCEOSell5,000$53.36$266,800.00View SEC Filing  
10/31/2014John A KritzmacherDirectorSell2,000$49.38$98,760.00View SEC Filing  
8/12/2014John A KritzmacherDirectorSell2,000$43.24$86,480.00View SEC Filing  
7/15/2014Edward KaminsDirectorSell7,000$46.78$327,460.00View SEC Filing  
7/14/2014Lawrence F ShayVPSell6,057$46.58$282,135.06View SEC Filing  
7/30/2013John A KritzmacherDirectorSell2,000$40.00$80,000.00View SEC Filing  
11/12/2012William J MerrittCEOSell2,644$42.00$111,048.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for InterDigital (NASDAQ:IDCC)
Latest Headlines for InterDigital (NASDAQ:IDCC)
DateHeadline logoInterDigital: In A Position To Capitalize On IoT - October 13 at 7:34 PM logoInterDigital Announces Date for Third Quarter 2017 Financial Results - GlobeNewswire (press release) - October 10 at 7:08 PM logoInterDigital Announces Date for Third Quarter 2017 Financial Results - October 10 at 7:08 PM logoDividend Coverage: This Wireless R&D Company raised its Dividend by 16.7%; Will Trade Ex-Dividend on October 10, 2017 - October 6 at 8:15 PM logoBoston, Chicago and Atlanta Top List of Cities Poised to Benefit Most From Smart City Tech - October 5 at 10:25 AM logoInterDigital, Inc. (IDCC) Receives Average Rating of "Hold" from Analysts - October 4 at 6:52 AM logoInsider Selling: InterDigital, Inc. (IDCC) EVP Sells 500 Shares of Stock - October 2 at 8:02 PM logoInterDigital Launches Chordant Business, a Bridge to the Smart Future - GlobeNewswire (press release) - October 2 at 1:20 PM logoInterDigital Launches Chordant Business, a Bridge to the Smart Future - October 2 at 1:20 PM logoInterDigital Expands Footprint in Europe With Opening of Berlin Office - September 23 at 12:13 AM logoInterDigital Expands Footprint in Europe With Opening of Berlin Office - GlobeNewswire (press release) - September 22 at 2:10 PM logoIs InterDigital Inc’s (IDCC) ROE Of 48.71% Sustainable? - September 20 at 9:09 PM logoInterDigital (IDCC) Presents At Dougherty And Company Institutional Investor Conference - Slideshow - September 20 at 4:06 PM logoInterDigital, Inc. – Value Analysis (NASDAQ:IDCC) : September 20, 2017 - September 20 at 12:49 AM logoETFs with exposure to InterDigital, Inc. : September 20, 2017 - September 20 at 12:49 AM logoToday's Research Reports on Stocks to Watch: InterDigital and NetEase - September 18 at 7:16 PM logoInterDigital, Inc. breached its 50 day moving average in a Bullish Manner : IDCC-US : September 18, 2017 - September 18 at 7:16 PM logoNotable Friday Option Activity: IDCC, BMY, TCS - Nasdaq - September 16 at 1:27 AM logoInterDigital, Inc. (IDCC) Raises Dividend to $0.35 Per Share - September 15 at 5:52 PM logoInterDigital up after adding $100M to share repurchase program - September 15 at 11:38 AM logoStock Buyback Plan Authorized by InterDigital (IDCC) - September 15 at 11:18 AM logoInterDigital Announces Increases of Regular Quarterly Cash Dividend and Stock Buyback Authorization - September 14 at 5:59 PM logoReviewing Harmonic (HLIT) and InterDigital (IDCC) - September 14 at 6:06 AM logoInterDigital to Present at Dougherty & Company Institutional Investor Conference - GlobeNewswire (press release) - September 13 at 1:16 AM logoInterDigital to Present at Dougherty & Company Institutional Investor Conference - September 11 at 6:30 PM logoInterDigital, Inc. (IDCC) Receives Average Recommendation of "Hold" from Brokerages - September 9 at 6:26 AM logoInterDigital, Inc. (IDCC) Given "Buy" Rating at B. Riley - August 28 at 6:32 AM logoInterDigital (IDCC) Reports Revenue Guidance for 3Q17 - August 24 at 7:50 AM logoNew Strong Buy Stocks for August 23rd - August 24 at 7:50 AM logoInterDigital, Inc. : IDCC-US: Dividend Analysis : July 12th, 2017 (record date) : By the numbers : August 23, 2017 - August 24 at 7:50 AM logoETFs with exposure to InterDigital, Inc. : August 23, 2017 - August 24 at 7:50 AM logoInterDigital Issues Revenue Guidance for Third Quarter 2017 - GlobeNewswire (press release) - August 23 at 1:12 AM logoInterDigital Issues Revenue Guidance for Third Quarter 2017 - August 22 at 8:11 PM logoFY2018 EPS Estimates for InterDigital, Inc. Raised by Dougherty & Co (IDCC) - August 21 at 8:32 AM logoSee what the IHS Markit Score report has to say about InterDigital Inc. - August 18 at 7:37 PM logoDougherty & Co Brokers Lift Earnings Estimates for InterDigital, Inc. (IDCC) - August 18 at 6:42 AM logoInterDigital, Inc. (IDCC) Receives Average Rating of "Hold" from Brokerages - August 15 at 6:50 AM logoInterDigital Announces World's First Successful Mobile Edge Computing 5G Network Architecture Trial - GlobeNewswire (press release) - August 15 at 3:09 AM logoInterDigital Announces World’s First Successful Mobile Edge Computing 5G Network Architecture Trial - August 14 at 10:07 PM logoDon't Let InterDigital Slip Through Your Fingers - Seeking Alpha - August 11 at 8:13 PM logoIHS Markit Score upgrades InterDigital Inc to 38 out of 100, despite ranking positively in only one IHS Markit category. - August 11 at 8:13 PM logoETFs with exposure to InterDigital, Inc. : August 11, 2017 - August 11 at 8:13 PM logoRSI Alert: Interdigital Now Oversold - Nasdaq - August 9 at 7:59 PM logoIHS Markit Score downgrades InterDigital Inc to 32 out of 100, ranking positively in only one out of three available IHS Markit categories. - August 9 at 7:59 PM logoInterDigital, Inc. (NASDAQ:IDCC) EVP Sells $163,562.20 in Stock - August 8 at 8:10 PM logoInterDigital to Present at the 20th Annual Oppenheimer & Co. Technology, Internet & Communications Conference - August 1 at 12:10 AM logoInterDigital Joins 5TONIC Lab - GlobeNewswire (press release) - July 31 at 7:08 PM logoInterDigital Joins 5TONIC Lab - July 31 at 4:15 AM logoInterDigital, Inc. (NASDAQ:IDCC) Receives Buy Rating from B. Riley - July 29 at 10:34 PM logoInterDigital, Inc. :IDCC-US: Earnings Analysis: Q2, 2017 By the Numbers : July 28, 2017 - July 28 at 10:56 PM



InterDigital (IDCC) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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