NASDAQ:IDCC - InterDigital Stock Price, Price Target & More

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

InterDigital announced a quarterly dividend on Thursday, May 31st. Shareholders of record on Wednesday, July 11th will be given a dividend of $0.35 per share on Wednesday, July 25th. This represents a $1.40 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Tuesday, July 10th. View InterDigital's Dividend History.

InterDigital declared that its Board of Directors has authorized 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 shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

InterDigital, Inc. (NASDAQ:IDCC) posted its earnings results on Thursday, April, 26th. The Wireless communications provider reported $1.29 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $1.05. The Wireless communications provider had revenue of $87.40 million for the quarter, compared to analyst estimates of $69.69 million. InterDigital had a return on equity of 25.85% and a net margin of 32.42%. The company's revenue was down 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.93 earnings per share. View InterDigital's Earnings History.

4 analysts have issued 12-month target prices for InterDigital's stock. Their predictions range from $87.00 to $104.00. On average, they anticipate InterDigital's share price to reach $95.00 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Ratings for InterDigital.

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

Some companies that are related to InterDigital include Dolby Laboratories (DLB), TiVo (TIVO), RPX (RPXC), Acacia Research (ACTG), Finjan (FNJN), Quarterhill (QTRH), Digital Turbine (APPS), Liberty Tax (TAX), Joint (JYNT), MGT Capital Investments (MGTI), ITUS (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR) and ARC Group (ARCK).

News headlines about IDCC stock have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. InterDigital earned a coverage optimism score of 0.15 on Accern's scale. They also gave news headlines about the Wireless communications provider an impact score of 45.62 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

InterDigital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include James Investment Research Inc. (0.15%), Empowered Funds LLC (0.11%), Empirical Finance LLC (0.09%), Smithbridge Asset Management Inc. DE (0.09%), Foundry Partners LLC (0.06%) and Rowland & Co. Investment Counsel ADV (0.03%). 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.

IDCC stock was sold by a variety of institutional investors in the last quarter, including Smithbridge Asset Management Inc. DE, Empirical Finance LLC, Empowered Funds LLC, Municipal Employees Retirement System of Michigan and Foundry Partners LLC. Company insiders that have sold InterDigital company stock in the last year include James J Nolan, Jannie K Lau, Jeffrey K Belk, Scott A Mcquilkin, Stewart D Hutcheson and William J Merritt. View Insider Buying and Selling for InterDigital.

IDCC stock was acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Rowland & Co. Investment Counsel ADV, Chicago Capital LLC and Fox Run Management L.L.C.. View Insider Buying and Selling for 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.

One share of IDCC stock can currently be purchased for approximately $83.40.

InterDigital has a market capitalization of $2.88 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.

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]