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

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$72.03 +0.92 (+1.29 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$71.11
Today's Range$70.88 - $72.19
52-Week Range$62.34 - $85.85
Volume173,400 shs
Average Volume282,200 shs
Market Capitalization$2.38 billion
P/E Ratio11.89
Dividend Yield2.01%
Beta1.23
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.

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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

Current Ratio4.06
Quick Ratio4.06

Price-To-Earnings

Sales & Book Value

Annual Sales$532.94 million
Price / Sales4.57
Cash Flow$8.4642 per share
Price / Cash Flow8.51
Book Value$25.15 per share
Price / Book2.86

Profitability

Net Income$174.29 million
Net Margins26.19%
Return on Assets10.06%

Miscellaneous

Employees350
Market Cap$2.38 billion
OptionableOptionable

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 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 1.94%. The ex-dividend date of this dividend is Tuesday, January 8th. View InterDigital's Dividend History.

How will InterDigital's stock buyback program work?

InterDigital declared that its board has initiated a stock buyback program on Friday, September 15th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 4.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) announced its quarterly earnings data on Thursday, November, 1st. The Wireless communications provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.24 by $0.36. The Wireless communications provider earned $75.08 million during the quarter, compared to the consensus estimate of $72.59 million. InterDigital had a return on equity of 17.50% and a net margin of 26.19%. The business's revenue for the quarter was down 22.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.00 EPS. View InterDigital's Earnings History.

When is InterDigital's next earnings date?

InterDigital is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for InterDigital.

What price target have analysts set for IDCC?

5 equities research analysts have issued 1 year target prices for InterDigital's stock. Their forecasts range from $87.00 to $104.00. On average, they expect InterDigital's stock price to reach $96.00 in the next twelve months. This suggests a possible upside of 33.3% from the stock's current price. View Analyst Price Targets for InterDigital.

What is the consensus analysts' recommendation for InterDigital?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for InterDigital.

What are Wall Street analysts saying about InterDigital stock?

Here are some recent quotes from research analysts about InterDigital stock:
  • 1. According to Zacks Investment Research, "InterDigital’s global footprint, diversified portfolio and ability to penetrate in different markets are commendable. The acquisition of the patent licensing business of Technicolor is likely to provide InterDigital with an enhanced portfolio of video technologies while opening up new opportunities in the consumer electronics market. The company remains committed to pursue strategic acquisitions in order to drive its product portfolio and boost organic growth. It has a solid earnings history, beating estimates all through in the trailing four quarters. InterDigital expects to grow its licensing business, which has attained market prominence over the past several years. However, the stock has underperformed the industry on an average in the past year. The ongoing tensions between the United States and China due to trade restrictions imposed on the sale of communication equipment and technology solutions are likely to affect performance." (1/15/2019)
  • 2. National Securities analysts commented, "We are initiating coverage of InterDigital, Inc. with a BUY rating and $103 price target.
    IDCC has a long track record of successful wireless standards technology development and monetization, and progress continues with 5G.
    IDCC is pursuing a multi-layer strategy to benefit from the proliferation of IoT.
    The pending acquisition of Technicolor’s IP assets could lift revenue and earnings. " (7/23/2018)

Has InterDigital been receiving favorable news coverage?

News stories about IDCC stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. InterDigital earned a daily sentiment score of -1.2 on InfoTrie's scale. They also assigned media coverage about the Wireless communications provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days.

Who are some of InterDigital's key competitors?

Who are InterDigital's key executives?

InterDigital's 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's major shareholders?

InterDigital's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Personal Capital Advisors Corp (0.44%), Retirement Systems of Alabama (0.36%), Louisiana State Employees Retirement System (0.03%) and Cardinal Capital Management (0.02%). Company insiders that own InterDigital stock include James J Nolan, Jannie K Lau, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, 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 Retirement Systems of Alabama and Louisiana State Employees Retirement System. Company insiders that have sold InterDigital 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.

Which major investors are buying InterDigital stock?

IDCC stock was bought by a variety of institutional investors in the last quarter, including Personal Capital Advisors Corp and Cardinal Capital Management. 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 $72.03.

How big of a company is InterDigital?

InterDigital has a market capitalization of $2.38 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.

What is InterDigital's official website?

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

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 (NASDAQ IDCC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  335 (Vote Outperform)
Underperform Votes:  388 (Vote Underperform)
Total Votes:  723
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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