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NASDAQ:IDCCInterDigital Wireless Stock Price, Forecast & News

$57.34
+0.60 (+1.06 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$55.76
Now: $57.34
$58.32
50-Day Range
$44.64
MA: $51.90
$60.61
52-Week Range
$31.04
Now: $57.34
$66.95
Volume276,400 shs
Average Volume267,137 shs
Market Capitalization$1.76 billion
P/E Ratio76.45
Dividend Yield2.47%
Beta1.19
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 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, and 4G 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 encoding and transmission technologies; technologies to enable interconnection for various access types comprising cellular, WLAN, and LPWA, as well as IoT service frameworks; interoperability and scalability solutions through oneMPOWER platform; and oneTRANSPORT data marketplace that offers common interface to vraious service providers allowing public authorities to control and monetize, and companies to access IoT data in real-time. In addition, the company engages in the development of technologies in the areas of security and analytics, sensor technologies, and other areas. Its 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, 2018, the company had a portfolio of approximately 34,000 patents and patent applications related fundamental technologies that enable wireless communications, video encoding, display technology, and other areas. InterDigital, Inc. was founded in 1972 and is headquartered in Wilmington, Delaware.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.28 out of 5 stars


Industry, Sector and Symbol

Industry Patent owners & lessors
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:IDCC
CUSIP45867G10
Phone302-281-3600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$318.92 million
Cash Flow$3.31 per share
Book Value$25.22 per share

Profitability

Net Income$20.93 million

Miscellaneous

Employees390
Market Cap$1.76 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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InterDigital Wireless (NASDAQ:IDCC) Frequently Asked Questions

How has InterDigital Wireless' stock been impacted by COVID-19 (Coronavirus)?

InterDigital Wireless' stock was trading at $45.57 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IDCC stock has increased by 25.8% and is now trading at $57.34. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of InterDigital Wireless?

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

When is InterDigital Wireless' next earnings date?

InterDigital Wireless is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for InterDigital Wireless.

How were InterDigital Wireless' earnings last quarter?

InterDigital Wireless Inc (NASDAQ:IDCC) posted its earnings results on Thursday, February, 20th. The Wireless communications provider reported $0.44 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.27 by $0.17. The Wireless communications provider had revenue of $102.16 million for the quarter, compared to analysts' expectations of $74.10 million. InterDigital Wireless had a net margin of 7.30% and a return on equity of 3.01%. The company's revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period last year, the business posted $0.05 earnings per share. View InterDigital Wireless' earnings history.

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

InterDigital Wireless declared a quarterly dividend on Thursday, March 12th. Stockholders of record on Wednesday, April 8th will be paid a dividend of $0.35 per share on Wednesday, April 22nd. This represents a $1.40 annualized dividend and a yield of 2.44%. The ex-dividend date is Tuesday, April 7th. View InterDigital Wireless' dividend history.

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

InterDigital Wireless updated its first quarter 2020 Pre-Market earnings guidance on Thursday, March, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $73-76 million, compared to the consensus revenue estimate of $74.42 million.

What price target have analysts set for IDCC?

1 equities research analysts have issued 12 month price targets for InterDigital Wireless' stock. Their forecasts range from $90.00 to $90.00. On average, they expect InterDigital Wireless' stock price to reach $90.00 in the next year. This suggests a possible upside of 57.0% from the stock's current price. View analysts' price targets for InterDigital Wireless.

Has InterDigital Wireless been receiving favorable news coverage?

Media coverage about IDCC stock has trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. InterDigital Wireless earned a daily sentiment score of 1.6 on InfoTrie's scale. They also gave news articles about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutInterDigital Wireless.

Are investors shorting InterDigital Wireless?

InterDigital Wireless saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,330,000 shares, an increase of 8.1% from the April 30th total of 1,230,000 shares. Based on an average daily trading volume, of 291,800 shares, the days-to-cover ratio is presently 4.6 days. Currently, 4.4% of the company's stock are short sold. View InterDigital Wireless' Current Options Chain.

Who are some of InterDigital Wireless' key competitors?

What other stocks do shareholders of InterDigital Wireless own?

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital Wireless investors own include Bank of Hawaii (BOH), Stag Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), Celgene (CELG), PepsiCo (PEP), Verizon Communications (VZ), Ribbon Communications (RBBN), Harvard Bioscience (HBIO) and Broadcom (AVGO).

Who are InterDigital Wireless' key executives?

InterDigital Wireless' management team includes the following people:
  • Mr. William J. Merritt, Pres, CEO & Director (Age 60)
  • Mr. Richard J. Brezski, CFO & Treasurer (Age 46)
  • Mr. Kai Olavi Öistämö, Chief Operating Officer (Age 55)
  • Ms. Jannie K. Lau, Chief Legal Officer, Gen. Counsel & Corp. Sec. (Age 43)
  • Mr. Jeffrey K. Belk, Exec. VP of Bus. Devel. & Pres of the InterDigital China (Age 56)

What is InterDigital Wireless' stock symbol?

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

Who are InterDigital Wireless' major shareholders?

InterDigital Wireless' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.06%), State Street Corp (3.51%), Geode Capital Management LLC (1.52%), Bank of New York Mellon Corp (1.44%), Boston Trust Walden Corp (0.95%) and Boston Trust Walden Corp (0.79%). Company insiders that own InterDigital Wireless stock include James J Nolan, Jean F Rankin, Jeffrey K Belk, Stewart D Hutcheson and William J Merritt. View institutional ownership trends for InterDigital Wireless.

Which major investors are selling InterDigital Wireless stock?

IDCC stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Wells Fargo & Company MN, Morgan Stanley, Deutsche Bank AG, BlackRock Inc., AQR Capital Management LLC, UBS Group AG, and Principal Financial Group Inc.. Company insiders that have sold InterDigital Wireless company stock in the last year include Jean F Rankin, and William J Merritt. View insider buying and selling activity for InterDigital Wireless.

Which major investors are buying InterDigital Wireless stock?

IDCC stock was bought by a variety of institutional investors in the last quarter, including Invenomic Capital Management LP, Boston Trust Walden Corp, Ziegler Capital Management LLC, Capital Management Corp VA, Invesco Ltd., Geode Capital Management LLC, Trexquant Investment LP, and Maverick Capital Ltd.. View insider buying and selling activity for InterDigital Wireless.

How do I buy shares of InterDigital Wireless?

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 Wireless' stock price today?

One share of IDCC stock can currently be purchased for approximately $57.34.

How big of a company is InterDigital Wireless?

InterDigital Wireless has a market capitalization of $1.76 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 Wireless employs 390 workers across the globe.

What is InterDigital Wireless' official website?

The official website for InterDigital Wireless is www.interdigital.com.

How can I contact InterDigital Wireless?

InterDigital Wireless' 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 5/28/2020 by MarketBeat.com Staff

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