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NASDAQ:IDCC

InterDigital Stock Forecast, Price & News

$59.00
-0.63 (-1.06 %)
(As of 10/26/2020 08:36 AM ET)
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Today's Range
$58.76
Now: $59.00▼
$59.73
50-Day Range
$55.50
MA: $58.99▼
$61.93
52-Week Range
$31.04
Now: $59.00▼
$67.06
Volume3,571 shs
Average Volume228,079 shs
Market Capitalization$1.82 billion
P/E Ratio47.97
Dividend Yield2.37%
Beta1.15
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, 5G, 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, 4G, and 5G 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 coding and transmission technologies; and engages in the research and development of artificial intelligence. The company's 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, 2019, it had a portfolio of approximately 32,000 patents and patent applications related to wireless communications, video encoding, display technology, and other areas. The company was founded in 1972 and is headquartered in Wilmington, Delaware.
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Beat the Market (BTM) Rank™

Analyst Opinion: 3.4Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.17 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Patent owners & lessors
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:IDCC
Previous Symbol
CUSIP45867G10
CIK1405495
Webwww.interdigital.com
Phone302-281-3600
Employees487

Debt

Debt-to-Equity Ratio0.45
Current Ratio4.52
Quick Ratio4.52

Price-To-Earnings

Trailing P/E Ratio47.97
Forward P/E Ratio56.19
P/E Growth3.8

Sales & Book Value

Annual Sales$318.92 million
Price / Sales5.70
Cash Flow$3.11 per share
Price / Cash Flow18.97
Book Value$25.26 per share
Price / Book2.34

Profitability

EPS (Most Recent Fiscal Year)$0.66
Net Income$20.93 million
Net Margins10.79%
Return on Equity4.86%
Return on Assets2.46%

Miscellaneous

Outstanding Shares30,806,000
Market Cap$1.82 billion
Next Earnings Date11/5/2020 (Confirmed)
OptionableOptionable
$59.00
-0.63 (-1.06 %)
(As of 10/26/2020 08:36 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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InterDigital (NASDAQ:IDCC) Frequently Asked Questions

How has InterDigital's stock been impacted by Coronavirus?

InterDigital's stock was trading at $45.57 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IDCC shares have increased by 29.5% and is now trading at $59.00.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of InterDigital?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for InterDigital.

When is InterDigital's next earnings date?

InterDigital is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for InterDigital.

How can I listen to InterDigital's earnings call?

InterDigital will be holding an earnings conference call on Thursday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) released its earnings results on Thursday, August, 6th. The Wireless communications provider reported $0.72 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.62 by $0.10. The Wireless communications provider earned $104.50 million during the quarter, compared to the consensus estimate of $99.34 million. InterDigital had a return on equity of 4.86% and a net margin of 10.79%. The firm's quarterly revenue was up 38.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 earnings per share.
View InterDigital's earnings history.

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

InterDigital announced a quarterly dividend on Thursday, September 10th. Investors of record on Wednesday, October 14th will be given a dividend of $0.35 per share on Wednesday, October 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date is Tuesday, October 13th.
View InterDigital's dividend history.

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

InterDigital updated its third quarter 2020 After-Hours earnings guidance on Wednesday, September, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $83-88 million, compared to the consensus revenue estimate of $85.49 million.

What price target have analysts set for IDCC?

4 Wall Street analysts have issued 12 month target prices for InterDigital's shares. Their forecasts range from $87.00 to $104.00. On average, they expect InterDigital's stock price to reach $92.75 in the next twelve months. This suggests a possible upside of 57.2% from the stock's current price.
View analysts' price targets for InterDigital.

Who are some of InterDigital's key competitors?

Some companies that are related to InterDigital include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), EchoStar (SATS), ViaSat (VSAT), Calix (CALX), Infinera (INFN), NETGEAR (NTGR), Plantronics (PLT), Harmonic (HLIT) and ADTRAN (ADTN).
View all competitors.

What other stocks do shareholders of InterDigital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital investors own include Bank of Hawaii (BOH), Stag Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), (CELG), Verizon Communications (VZ), PepsiCo (PEP), Cisco Systems (CSCO), Micron Technology (MU) and Broadcom (AVGO).

Who are InterDigital's key executives?

InterDigital's management team includes the following people:
  • Mr. William J. Merritt, Pres, CEO & Director (Age 61, Pay $1.25M)
  • Mr. Richard J. Brezski, Exec. VP, CFO & Treasurer (Age 47, Pay $666.89k)
  • Dr. Henry Tirri, Exec. VP & CTO (Age 63)
  • Mr. Michael G. Cortino, Exec. VP & Chief Information Officer
  • Mr. Richard L. Gulino, Exec. VP & Chief Legal Officer (Age 57)
  • Mr. Patrick Van de Wille, Exec. VP & Chief Communication Officer
  • Ms. Melissa Leneis, Exec. VP & Chief HR Officer
  • Mr. Robert Stien, Exec. VP & Chief Public Policy Officer
  • Mr. Eric Cohen, Exec. VP & Chief Devel. Officer (Age 62)
  • Ms. Eeva K. Hakoranta, Exec. VP & Chief Licensing Officer

What is InterDigital's stock symbol?

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

Who are InterDigital's major shareholders?

InterDigital's stock is owned by a variety of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.90%), Assenagon Asset Management S.A. (0.24%), Pacer Advisors Inc. (0.02%), State of Alaska Department of Revenue (0.02%), Contravisory Investment Management Inc. (0.01%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own InterDigital stock include Jean F Rankin, John A Kritzmacher, John D Jr Markley, Philip P Trahanas, Stewart D Hutcheson and William J Merritt.
View institutional ownership trends for InterDigital.

Which institutional investors are selling InterDigital stock?

IDCC stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, and State of Alaska Department of Revenue. Company insiders that have sold InterDigital company stock in the last year include John A Kritzmacher, John D Jr Markley, and Philip P Trahanas.
View insider buying and selling activity for InterDigital.

Which institutional investors are buying InterDigital stock?

IDCC stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Boston Trust Walden Corp, Pacer Advisors Inc., and Contravisory Investment Management Inc..
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is InterDigital's stock price today?

One share of IDCC stock can currently be purchased for approximately $59.00.

How big of a company is InterDigital?

InterDigital has a market capitalization of $1.82 billion and generates $318.92 million in revenue each year. The Wireless communications provider earns $20.93 million in net income (profit) each year or $0.66 on an earnings per share basis. InterDigital employs 487 workers across the globe.

What is InterDigital's official website?

The official website for InterDigital is 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]

This page was last updated on 10/26/2020 by MarketBeat.com Staff
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