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 given a dividend of $0.35 per share on Wednesday, July 25th. This represents a $1.40 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Tuesday, July 10th. View InterDigital's Dividend History.

InterDigital announced that its board has approved a stock repurchase program 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 reacquire up to 4.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

InterDigital, Inc. (NASDAQ:IDCC) issued its quarterly earnings results on Thursday, April, 26th. The Wireless communications provider reported $1.29 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $1.05. The Wireless communications provider earned $87.40 million during the quarter, compared to analyst estimates of $69.69 million. InterDigital had a return on equity of 25.85% and a net margin of 32.42%. The company's quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.93 earnings per share. View InterDigital's Earnings History.

4 Wall Street analysts have issued twelve-month price objectives for InterDigital's stock. Their predictions range from $87.00 to $104.00. On average, they expect InterDigital's stock price to reach $95.00 in the next year. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to InterDigital include Dolby Laboratories (DLB), TiVo (TIVO), RPX (RPXC), Acacia Research (ACTG), Quarterhill (QTRH), Finjan (FNJN), Joint (JYNT), Digital Turbine (APPS), Liberty Tax (TAX), ITUS (ITUS), XCel Brands (XELB), MGT Capital Investments (MGTI), Research Frontiers (REFR), Marathon Patent Group (MARA) and ARC Group (ARCK).

Media coverage about IDCC stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. InterDigital earned a daily sentiment score of 0.17 on Accern's scale. They also assigned media stories about the Wireless communications provider an impact score of 45.84 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

InterDigital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Empowered Funds LLC (0.11%), Empirical Finance LLC (0.09%) 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.

IDCC stock was sold by a variety of institutional investors in the last quarter, including Empirical Finance LLC and Empowered Funds 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.

IDCC stock was bought by a variety of institutional investors in the last quarter, including Rowland & Co. Investment Counsel ADV. 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 $83.35.

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 [email protected]