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

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

InterDigital declared a quarterly dividend on Thursday, May 31st. Shareholders of record on Wednesday, July 11th will be paid a dividend of $0.35 per share on Wednesday, July 25th. This represents a $1.40 annualized dividend and a yield of 1.65%. The ex-dividend date is Tuesday, July 10th. View InterDigital's Dividend History.

InterDigital announced that its Board of Directors has approved a share repurchase plan on Friday, September 15th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 4.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued.

InterDigital, Inc. (NASDAQ:IDCC) posted its quarterly earnings data on Thursday, April, 26th. The Wireless communications provider reported $1.29 EPS for the quarter, topping the 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 firm's revenue for the quarter was down 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 earnings per share. View InterDigital's Earnings History.

4 brokers have issued 12-month price objectives 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 twelve months. 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), Joint (JYNT), Liberty Tax (TAX), Finjan (FNJN), MGT Capital Investments (MGTI), Copytele (ITUS), XCel Brands (XELB), Marathon Patent Group (MARA), Research Frontiers (REFR) and ARC Group (ARCK).

Media coverage about IDCC stock has been trending positive this week, Accern reports. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. InterDigital earned a media sentiment score of 0.44 on Accern's scale. They also gave media stories about the Wireless communications provider an impact score of 47.78 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

InterDigital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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 acquired 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 $84.80.

InterDigital has a market capitalization of $2.94 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 patrick.vandewil[email protected]