S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NASDAQ:IDCC

InterDigital (IDCC) Stock Forecast, Price & News

$59.65
+1.02 (+1.74%)
(As of 05/13/2022 04:00 PM ET)
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Today's Range
$58.74
$60.09
50-Day Range
$56.42
$65.85
52-Week Range
$56.13
$85.75
Volume
165,700 shs
Average Volume
150,402 shs
Market Capitalization
$1.84 billion
P/E Ratio
27.62
Dividend Yield
2.35%
Beta
1.05
30 days | 90 days | 365 days | Advanced Chart
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InterDigital logo

About InterDigital

InterDigital, Inc., together with its subsidiaries, designs and develops technologies that enable and enhance wireless communications in the United States, China, South Korea, Japan, Taiwan, and Europe. It provides technology solutions for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, 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, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G NR, beyond 5G (B5G), extended reality over wireless, 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 coding and transmission technologies; and engages in the research and development of artificial intelligence. The company's 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, 2021, it had a portfolio of approximately 27,500 patents and patent applications related to wireless communications, video coding, display technology, and other areas. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.

Headlines

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Industry, Sector and Symbol

Industry
Patent owners & lessors
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:IDCC
CUSIP
45867G10
Employees
510
Year Founded
1972

Sales & Book Value

Annual Sales
$425.41 million
Cash Flow
$4.43 per share
Book Value
$24.64 per share

Profitability

Net Income
$55.29 million
Pretax Margin
16.99%

Debt

Price-To-Earnings

Miscellaneous

Free Float
30,407,000
Market Cap
$1.84 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/27 Dividend
4/12/2022
Dividend Payable
4/27/2022
Last Earnings
5/05/2022
Today
5/16/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.61 out of 5 stars

Computer And Technology Sector

161st out of 916 stocks

Patent Owners & Lessors Industry

4th out of 12 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -













InterDigital (NASDAQ:IDCC) Frequently Asked Questions

Is InterDigital a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" InterDigital stock.
View analyst ratings for InterDigital
or view top-rated stocks.

When is InterDigital's next earnings date?

InterDigital is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for InterDigital
.

How were InterDigital's earnings last quarter?

InterDigital, Inc. (NASDAQ:IDCC) posted its quarterly earnings results on Thursday, May, 5th. The Wireless communications provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.21. The Wireless communications provider had revenue of $101.32 million for the quarter, compared to analysts' expectations of $97.85 million. InterDigital had a net margin of 15.24% and a trailing twelve-month return on equity of 10.55%. The firm's revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.18 earnings per share.
View InterDigital's earnings history
.

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

InterDigital declared a quarterly dividend on Wednesday, March 30th. Shareholders of record on Wednesday, April 13th will be paid a dividend of $0.35 per share on Wednesday, April 27th. This represents a $1.40 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Tuesday, April 12th.
View InterDigital's dividend history
.

Is InterDigital a good dividend stock?

InterDigital pays an annual dividend of $1.40 per share and currently has a dividend yield of 2.35%. The dividend payout ratio of InterDigital is 64.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, InterDigital will have a dividend payout ratio of 37.33% next year. This indicates that InterDigital will be able to sustain or increase its dividend.
View InterDigital's dividend history.

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

InterDigital updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $114.00 million-$120.00 million, compared to the consensus revenue estimate of $100.00 million.

What price target have analysts set for IDCC?

1 brokers have issued 12-month price targets for InterDigital's stock. Their forecasts range from $87.00 to $87.00. On average, they expect InterDigital's share price to reach $87.00 in the next twelve months. This suggests a possible upside of 45.9% from the stock's current price.
View analysts' price targets for InterDigital
or view top-rated stocks among Wall Street analysts.

Who are InterDigital's key executives?
InterDigital's management team includes the following people:
  • Mr. Lawrence Chen, Pres, CEO & Director (Age 51, Pay $5.6M)
  • Mr. Richard J. Brezski, Exec. VP, CFO & Treasurer (Age 49, Pay $813.51k)
  • Dr. Henry Tirri Ph.D., Exec. VP & CTO (Age 65, Pay $760.21k)
  • Mr. Eric Cohen, Exec. VP, Chief Strategy & Growth Officer (Age 64, Pay $821.06k)
  • Ms. Eeva K. Hakoranta, Exec. VP & Chief Licensing Officer (Age 57, Pay $799.55k) (LinkedIn Profile)
  • Mr. Michael G. Cortino, Exec. VP & Chief Information Officer
  • Mr. Joshua D. Schmidt, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 38)
  • Mr. Robert Stien, Exec. VP & Chief Communications and Public Policy Officer
  • Ms. Melissa Leneis, Exec. VP & Chief HR Officer
  • Mr. James J. Nolan, Exec. VP of Gov. Solutions (Age 61)
What is William J. Merritt's approval rating as InterDigital's CEO?

43 employees have rated InterDigital CEO William J. Merritt on Glassdoor.com. William J. Merritt has an approval rating of 68% among InterDigital's employees.

What other stocks do shareholders of InterDigital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other InterDigital investors own include Bank of Hawaii (BOH), STAG Industrial (STAG), Evoke Pharma (EVOK), Cambridge Bancorp (CATC), (CELG), Verizon Communications (VZ), PepsiCo (PEP), Cisco Systems (CSCO), Micron Technology (MU) and Broadcom (AVGO).

What is InterDigital's stock symbol?

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

Who are InterDigital's major shareholders?

InterDigital's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.05%), Dimensional Fund Advisors LP (3.06%), Boston Partners (2.34%), Renaissance Technologies LLC (2.29%), Neumeier Poma Investment Counsel LLC (2.01%) and Boston Trust Walden Corp (1.31%). Company insiders that own InterDigital stock include Eeva K Hakoranta, Jean F Rankin, John A Kritzmacher, John D Jr Markley and Philip P Trahanas.
View institutional ownership trends for InterDigital
.

Which institutional investors are selling InterDigital stock?

IDCC stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Neumeier Poma Investment Counsel LLC, Royce & Associates LP, Healthcare of Ontario Pension Plan Trust Fund, AlphaCrest Capital Management LLC, Principal Financial Group Inc., American Century Companies Inc., and Rowland & Co. Investment Counsel ADV. Company insiders that have sold InterDigital company stock in the last year include Eeva K Hakoranta, and Jean F Rankin.
View insider buying and selling activity for InterDigital
or view top insider-selling stocks.

Which institutional investors are buying InterDigital stock?

IDCC stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Assenagon Asset Management S.A., Vanguard Group Inc., Qube Research & Technologies Ltd, Capital Management Corp VA, Dimensional Fund Advisors LP, JPMorgan Chase & Co., and Boston Partners.
View insider buying and selling activity for InterDigital
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is InterDigital's stock price today?

One share of IDCC stock can currently be purchased for approximately $59.65.

How much money does InterDigital make?

InterDigital has a market capitalization of $1.84 billion and generates $425.41 million in revenue each year. The Wireless communications provider earns $55.29 million in net income (profit) each year or $2.159990 on an earnings per share basis.

How many employees does InterDigital have?

InterDigital employs 510 workers across the globe.

Does InterDigital have any subsidiaries?

The following companies are subsidiares of InterDigital: 6GWorld Inc., Chordant Europe Ltd., Chordant France SAS, Chordant Inc., DRNC Holdings Inc., DST Holdings Inc., Hillcrest Labs, IDAC Holdings Inc., IDHL Holdings Inc., IDLR Holdings Inc., IDPA Holdings Inc., IDTP Holdings Inc., IPR Licensing Inc., InterDigital Administrative Solutions Inc., InterDigital Belgium LLC, InterDigital CE Holdings Inc., InterDigital CE Intermediate SAS, InterDigital CE Patent Holdings SAS, InterDigital Canada Ltee., InterDigital Capital Inc., InterDigital Charitable Foundation Inc, InterDigital Communications Inc., InterDigital Europe Ltd., InterDigital Finland Oy, InterDigital Germany GmbH, InterDigital Holdings Inc., InterDigital Madison Patent Holdings SAS, InterDigital Patent Holdings Inc., InterDigital R&D France SAS, InterDigital Technology Corporation, InterDigital VC Holdings France SAS, InterDigital VC Holdings Inc., InterDigital Video Technologies Inc., InterDigital Wireless Inc., IoT Holdings Inc., NexStar Capital LLC, NexStar Partners GP L.P., NexStar Partners L.P., NexStar Strategic Investments LLC, PCMS Holdings Inc., and VID SCALE Inc..

When was InterDigital founded?

InterDigital was founded in 1972.

What is InterDigital's official website?

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

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, via email at [email protected], or via fax at 302-281-3763.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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