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 1.67%. The ex-dividend date of this dividend is Tuesday, July 10th. View InterDigital's Dividend History.

InterDigital announced 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 shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

InterDigital, Inc. (NASDAQ:IDCC) posted its earnings results on Thursday, April, 26th. The Wireless communications provider reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.24 by $1.05. The Wireless communications provider earned $87.40 million during 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%. The company's quarterly revenue was down 7.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 earnings per share. View InterDigital's Earnings History.

4 brokers have issued 1-year price targets for InterDigital's shares. Their forecasts range from $87.00 to $104.00. On average, they expect InterDigital's share price to reach $95.00 in the next year. View Analyst Ratings for InterDigital.

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

Headlines about IDCC stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing 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 news impact score of 0.15 on Accern's scale. They also assigned media headlines about the Wireless communications provider an impact score of 46.23 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

InterDigital's stock is owned by a variety of of institutional and retail 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.

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, Jeffrey K Belk, Scott A Mcquilkin, Stewart D Hutcheson and William J Merritt. View Insider Buying and Selling for InterDigital.

IDCC stock was purchased 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.

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 $83.90.

InterDigital has a market capitalization of $2.92 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]