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NASDAQ:IDCC

InterDigital Wireless Stock Forecast, Price & News

$58.98
-0.17 (-0.29 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$58.46
Now: $58.98
$60.26
50-Day Range
$57.90
MA: $62.07
$65.68
52-Week Range
$31.04
Now: $58.98
$67.06
Volume451,164 shs
Average Volume239,957 shs
Market Capitalization$1.82 billion
P/E Ratio47.95
Dividend Yield2.37%
Beta1.12
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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InterDigital Wireless logo

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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$318.92 million
Cash Flow$3.16 per share
Book Value$25.26 per share

Profitability

Net Income$20.93 million

Miscellaneous

Employees390
Market Cap$1.82 billion
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$58.98
-0.17 (-0.29 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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InterDigital Wireless (NASDAQ:IDCC) Frequently Asked Questions

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

InterDigital Wireless' stock was trading at $45.57 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IDCC shares have increased by 29.4% and is now trading at $58.98.
View which stocks have been most impacted by COVID-19
.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital Wireless 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 Wireless
.

When is InterDigital Wireless' next earnings date?

InterDigital Wireless is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for InterDigital Wireless
.

How were InterDigital Wireless' earnings last quarter?

InterDigital Wireless Inc (NASDAQ:IDCC) issued its earnings results on Thursday, August, 6th. The Wireless communications provider reported $0.72 earnings per share (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 analysts' expectations of $99.34 million. InterDigital Wireless had a net margin of 10.79% and a return on equity of 4.86%. The firm's quarterly revenue was up 38.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 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, September 10th. Investors of record on Wednesday, October 14th will be paid a dividend of $0.35 per share on Wednesday, October 28th. This represents a $1.40 annualized dividend and a yield of 2.37%. The ex-dividend date is Tuesday, October 13th.
View InterDigital Wireless' dividend history
.

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

InterDigital Wireless 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 brokerages have issued twelve-month price objectives for InterDigital Wireless' shares. Their forecasts range from $87.00 to $104.00. On average, they expect InterDigital Wireless' share price to reach $92.75 in the next year. This suggests a possible upside of 57.3% from the stock's current price.
View analysts' price targets for InterDigital Wireless
.

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), Verizon Communications (VZ), PepsiCo (PEP), Cisco Systems (CSCO), Micron Technology (MU) 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 Vanguard Group Inc. (9.67%), Shannon River Fund Management LLC (4.26%), Goldman Sachs Group Inc. (2.14%), Bank of New York Mellon Corp (1.71%), Charles Schwab Investment Management Inc. (1.01%) and Boston Trust Walden Corp (0.86%). Company insiders that own InterDigital Wireless stock include James J Nolan, 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 Wireless
.

Which major investors are selling InterDigital Wireless stock?

IDCC stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Holocene Advisors LP, AQR Capital Management LLC, Charles Schwab Investment Management Inc., First Trust Advisors LP, Prudential Financial Inc., Principal Financial Group Inc., and Principal Financial Group Inc.. Company insiders that have sold InterDigital Wireless 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 Wireless
.

Which major investors are buying InterDigital Wireless stock?

IDCC stock was purchased by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Goldman Sachs Group Inc., Shannon River Fund Management LLC, Bank of Montreal Can, Bank of New York Mellon Corp, General American Investors Co. Inc., FMR LLC, and FMR LLC.
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 $58.98.

How big of a company is InterDigital Wireless?

InterDigital Wireless 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 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 9/20/2020 by MarketBeat.com Staff

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