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 - NEC
  • Sub-Industry: Communications Equipment
  • Symbol: NASDAQ:IDCC
  • CUSIP: 45867G10
  • Web:
  • Market Cap: $2.46 billion
  • Outstanding Shares: 34,711,000
Average Prices:
  • 50 Day Moving Avg: $75.62
  • 200 Day Moving Avg: $83.72
  • 52 Week Range: $67.05 - $102.30
  • Trailing P/E Ratio: 7.67
  • Foreward P/E Ratio: 27.18
  • P/E Growth: 0.72
Sales & Book Value:
  • Annual Revenue: $712.48 million
  • Price / Sales: 3.46
  • Book Value: $22.84 per share
  • Price / Book: 3.11
  • Annual Dividend: $1.20
  • Dividend Yield: 1.7%
  • EBIDTA: $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: 313,662 shs.
  • Beta: 1
  • Short Ratio: 6.55
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, June 16th. Investors of record on Wednesday, July 12th will be given a dividend of $0.30 per share on Wednesday, July 26th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Monday, July 10th. View InterDigital's Dividend History.

How were InterDigital's earnings last quarter?

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

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

5 analysts have issued 1-year price objectives for InterDigital's shares. Their forecasts range from $86.00 to $100.00. On average, they expect 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

Who owns InterDigital stock?

InterDigital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.26%), State Street Corp (3.46%), Dimensional Fund Advisors LP (2.66%), Royal Bank of Canada (2.25%), Northern Trust Corp (1.77%) and Renaissance Technologies LLC (1.66%). Company insiders that own InterDigital stock include James J Nolan, Jannie K Lau, Jean F Rankin, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Robert S Roath, Scott A Mcquilkin and William J Merritt. View Institutional Ownership Trends for InterDigital.

Who sold InterDigital stock? Who is selling InterDigital stock?

InterDigital's stock was sold by a variety of institutional investors in the last quarter, including Gotham Asset Management LLC, Fort L.P., Canada Pension Plan Investment Board, AHL Partners LLP, BTIM Corp., Bank of Nova Scotia, Alliancebernstein L.P. and Royal Bank of Canada. Company insiders that have sold InterDigital stock in the last year include James J Nolan, Jannie K Lau, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Robert S Roath, Scott A Mcquilkin and William J Merritt. View Insider Buying and Selling for InterDigital.

Who bought InterDigital stock? Who is buying InterDigital stock?

InterDigital's stock was acquired by a variety of institutional investors in the last quarter, including Koch Industries Inc., Schroder Investment Management Group, Renaissance Technologies LLC, State Street Corp, Strid Group LLC, Meritage Portfolio Management, Hussman Strategic Advisors Inc. and Smithbridge Asset Management Inc. DE. View Insider Buying and Selling for InterDigital.

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 $70.95.

MarketBeat Community Rating for InterDigital (NASDAQ IDCC)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  159 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  355
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: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $91.33 (28.73% upside)

Analysts' Ratings History for InterDigital (NASDAQ:IDCC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/8/2017SidotiUpgradeNeutral -> BuyHighView Rating Details
7/29/2017B. RileyReiterated RatingBuy$100.00HighView 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 8/16/2015 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
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: $3.50
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$0.60$0.60
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)
Most Recent Dividend:7/26/2017
Annual Dividend:$1.20
Dividend Yield:1.69%
Payout Ratio:13.00% (Trailing 12 Months of Earnings)
33.43% (Based on This Year's Estimates)
45.98% (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: 68.49%
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
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, 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 logoZacks: Analysts Expect InterDigital, Inc. (IDCC) Will Announce Quarterly Sales of $92.60 Million - August 11 at 9:20 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 logoInterDigital Announces Financial Results for Second Quarter 2017 - GlobeNewswire (press release) - July 27 at 10:16 PM logoInterDigital's (IDCC) CEO William Merritt on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - July 27 at 10:16 PM logoInvestor Network: InterDigital, Inc. to Host Earnings Call - July 27 at 10:16 PM logoInterDigital Announces Financial Results for Second Quarter 2017 - July 27 at 10:16 PM logoEdited Transcript of IDCC earnings conference call or presentation 27-Jul-17 2:00pm GMT - July 27 at 10:16 PM logoInterDigital posts 2Q profit - July 27 at 10:16 PM logoInterDigital, Inc. (NASDAQ:IDCC) Announces Earnings Results - July 27 at 3:30 PM logoInterDigital, Inc. (IDCC) Receives Buy Rating from B. Riley - July 24 at 3:28 PM logoInterDigital, Inc. (NASDAQ:IDCC) Stock Rating Reaffirmed by B. Riley - July 24 at 12:28 AM logoInterDigital, Inc. (NASDAQ:IDCC) Given Consensus Recommendation of "Hold" by Analysts - July 21 at 7:58 AM logoFirst Week of August 18th Options Trading For Interdigital (IDCC ... - Nasdaq - July 20 at 11:29 PM logoInterDigital, Inc. breached its 50 day moving average in a Bullish Manner : IDCC-US : July 20, 2017 - July 20 at 11:29 PM logoFinancial Contrast: InterDigital (IDCC) & Ooma (OOMA) - July 20 at 10:16 PM logoZacks: Brokerages Anticipate InterDigital, Inc. (NASDAQ:IDCC) to Post $1.34 EPS - July 19 at 10:08 PM logoInterDigital Announces Date for Second Quarter 2017 Financial Results - GlobeNewswire (press release) - July 12 at 4:38 AM logoInterDigital Announces Date for Second Quarter 2017 Financial Results - July 11 at 11:38 PM logoDividend Coverage: InterDigital has a Dividend Yield of 1.54%; Will Trade Ex-Dividend on July 10, 2017 - July 8 at 11:39 AM logoInterDigital, Inc. (IDCC) EVP Scott A. Mcquilkin Sells 500 Shares - July 5 at 8:09 PM logoHillcrest Labs Launches High Performance AHRS/IMU Module ... - GlobeNewswire (press release) - June 27 at 12:40 AM logoHillcrest Labs Launches High Performance AHRS/IMU Module, Targeted at Advanced Consumer and IOT Applications - June 27 at 12:40 AM logoInterDigital to Offer Transformative Transportation Solution Hosted ... - GlobeNewswire (press release) - June 26 at 7:38 PM logoInterDigital, Inc. (IDCC) Receives Average Recommendation of "Buy" from Brokerages - June 26 at 8:02 AM logoInterDigital to Offer Transformative Transportation Solution Hosted on Microsoft Azure - June 26 at 4:32 AM logo$132.54 Million in Sales Expected for InterDigital, Inc. (IDCC) This Quarter - June 25 at 8:14 AM logo Brokerages Anticipate InterDigital, Inc. (IDCC) to Announce $1.34 EPS - June 23 at 6:18 PM logoInterDigital Announces Conversion Rate Adjustment to 1.50% Senior Convertible Notes Due 2020 - GlobeNewswire (press release) - June 22 at 6:22 PM logoInterDigital Announces Conversion Rate Adjustment to 1.50% Senior Convertible Notes Due 2020 - June 22 at 1:18 PM logoInterDigital CEO: Senator Coons’ Stronger Act “Works to Strengthen American Innovation” - June 21 at 3:31 PM logoEuropean Industrial and Academic Partners Join to Develop a 5G Mobile Transport Platform for Verticals - June 21 at 4:46 AM logoComparing CalAmp Corp. (CAMP) & InterDigital (IDCC) - June 18 at 8:18 AM logoInterDigital, Inc. (IDCC) Declares Quarterly Dividend of $0.30 - June 16 at 3:20 PM logoInterDigital Hosts 2017 Annual Meeting of Shareholders - GlobeNewswire (press release) - June 15 at 12:46 AM logoInterDigital Hosts 2017 Annual Meeting of Shareholders - June 14 at 7:45 PM logoInterDigital's (IDCC) Buy Rating Reiterated at B. Riley - June 13 at 10:04 AM logoInterDigital, Inc. (IDCC) Director Sells $67,512.00 in Stock - June 12 at 7:52 PM



InterDigital (IDCC) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by Staff