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

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$83.40 0.00 (0.00 %)
(As of 07/22/2018 04:54 AM ET)
Previous Close$83.40
Today's Range$82.8750 - $84.05
52-Week Range$67.55 - $85.85
Volume285,953 shs
Average Volume208,067 shs
Market Capitalization$2.90 billion
P/E Ratio13.76
Dividend Yield1.68%
Beta0.94
InterDigital logoInterDigital, Inc. designs and develops technologies that enable and enhance wireless communications in the United States and internationally. It offers 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 and mobile terminal devices; and other wireless technologies related to Wi-Fi, WLAN, WMAN, and WRAN. It also provides interoperability and scalability solutions through oneMPOWER platform; and common interface to multiple service providers. The company's patented technologies are used in various products, including mobile devices comprising cellular phones, tablets, notebook computers, and wireless personal digital assistants; wireless infrastructure equipment consisting of base stations; components, dongles, and modules for wireless devices; and Internet of Things devices and software platforms. As of December 31, 2017, it had a portfolio of approximately 19,000 patents and patent applications related to the fundamental technologies that enable wireless communications. InterDigital, Inc. was founded in 1972 and is headquartered in Wilmington, Delaware.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.28
Current Ratio9.58
Quick Ratio9.58

Price-To-Earnings

Trailing P/E Ratio13.76
Forward P/E Ratio92.67
P/E Growth6.18

Sales & Book Value

Annual Sales$532.94 million
Price / Sales5.44
Cash Flow$8.2656 per share
Price / Cash10.09
Book Value$25.15 per share
Price / Book3.32

Profitability

EPS (Most Recent Fiscal Year)$6.06
Net Income$174.29 million
Net Margins32.42%
Return on Equity25.85%
Return on Assets12.64%

Miscellaneous

Employees350
Outstanding Shares34,750,000
Market Cap$2,897.83

InterDigital (NASDAQ:IDCC) Frequently Asked Questions

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 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 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Tuesday, July 10th. View InterDigital's Dividend History.

How will InterDigital's stock buyback program work?

InterDigital declared that its Board of Directors has authorized a stock buyback plan on Friday, September 15th 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) released its quarterly earnings data on Thursday, April, 26th. The Wireless communications provider reported $1.29 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $1.05. The Wireless communications provider had revenue of $87.40 million for the quarter, compared to the consensus estimate of $69.69 million. InterDigital had a net margin of 32.42% and a return on equity of 25.85%. The firm's revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 earnings per share. View InterDigital's Earnings History.

What price target have analysts set for IDCC?

4 brokers have issued 12-month price objectives for InterDigital's stock. Their forecasts range from $87.00 to $104.00. On average, they anticipate InterDigital's share price to reach $95.00 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Ratings for InterDigital.

What is the consensus analysts' recommendation for InterDigital?

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

Who are some of InterDigital's key competitors?

Who are InterDigital's key executives?

InterDigital's management team includes the folowing people:
  • Mr. William J. Merritt, Pres, CEO & Director (Age 59)
  • Mr. Richard J. Brezski, CFO & Treasurer (Age 45)
  • Ms. Jannie K. Lau, Chief Legal Officer, Gen. Counsel & Corp. Sec. (Age 42)
  • Dr. Henry Tirri, Chief Technology Officer (Age 61)
  • Mr. Patrick Van de Wille, Chief Communications Officer

Has InterDigital been receiving favorable news coverage?

Media coverage about IDCC stock has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. InterDigital earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news stories about the Wireless communications provider an impact score of 46.42 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are InterDigital's major shareholders?

InterDigital's stock is owned by many different of retail and institutional investors. Top institutional investors include James Investment Research Inc. (0.15%), Empowered Funds LLC (0.11%), Empirical Finance LLC (0.09%), Smithbridge Asset Management Inc. DE (0.09%), Foundry Partners LLC (0.06%) and Rowland & Co. Investment Counsel ADV (0.03%). 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.

Which major investors are selling InterDigital stock?

IDCC stock was sold by a variety of institutional investors in the last quarter, including Smithbridge Asset Management Inc. DE, Empirical Finance LLC, Empowered Funds LLC, Municipal Employees Retirement System of Michigan and Foundry Partners LLC. 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.

Which major investors are buying InterDigital stock?

IDCC stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., Rowland & Co. Investment Counsel ADV, Chicago Capital LLC and Fox Run Management L.L.C.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is InterDigital's stock price today?

One share of IDCC stock can currently be purchased for approximately $83.40.

How big of a company is InterDigital?

InterDigital has a market capitalization of $2.90 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.

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]


MarketBeat Community Rating for InterDigital (NASDAQ IDCC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  607
MarketBeat's community ratings are surveys of what our community members think about InterDigital and other stocks. Vote "Outperform" if you believe IDCC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IDCC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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