About InterDigital (NASDAQ:IDCC)
InterDigital, Inc. designs and develops technologies for wireless communications. The Company is focused on three technology areas: cellular wireless technology, Internet of things (IoT) technology, and, through its Hillcrest Laboratories, Inc. (Hillcrest Labs) subsidiary, sensor and sensor fusion technology. It offers a range of technologies that are used in digital cellular and wireless products and networks, including second generation (2G), third generation (3G), fourth generation (4G) and IEEE 802-related products and networks. Products incorporating its inventions include mobile devices, such as cellular phones, tablets, notebook computers and wireless personal digital assistants; wireless infrastructure equipment, such as base stations; components, dongles and modules for wireless devices, and IoT devices and software platforms. The Company is developing a range of technologies in the areas of video compression and delivery, security, analytics, and other areas.
Industry, Sector and Symbol
Industry Communications & Networking
Trailing P/E Ratio10.9116022099448
Forward P/E Ratio13.81
Sales & Book Value
Annual Sales$665.85 million
Price / Sales4.12
Cash Flow$10.26 per share
Price / Cash7.70
Book Value$22.00 per share
Price / Book3.59
Net Income$309 million
Return on Equity17.67%
Return on Assets7.38%
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 announced a quarterly dividend on Friday, December 8th. Shareholders of record on Wednesday, January 10th will be given a dividend of $0.35 per share on Wednesday, January 24th. This represents a $1.40 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Tuesday, January 9th. View InterDigital's Dividend History.
How will InterDigital's stock buyback program work?
InterDigital declared that its board has approved a share buyback program on Friday, September 15th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 4.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were InterDigital's earnings last quarter?
InterDigital, Inc. (NASDAQ:IDCC) released its quarterly earnings data on Thursday, October, 26th. The Wireless communications provider reported $1.00 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.66 by $0.34. The Wireless communications provider earned $97.30 million during the quarter, compared to the consensus estimate of $94.13 million. InterDigital had a net margin of 35.68% and a return on equity of 17.67%. The company's revenue was down 53.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.99 EPS. View InterDigital's Earnings History.
When will InterDigital make its next earnings announcement?
Where is InterDigital's stock going? Where will InterDigital's stock price be in 2018?
4 analysts have issued 12 month target prices for InterDigital's shares. Their forecasts range from $88.00 to $100.00. On average, they anticipate InterDigital's stock price to reach $94.00 in the next year. View Analyst Ratings for InterDigital.
Who are some of InterDigital's key competitors?
Some companies that are related to InterDigital include Brocade Communications Systems (BRCD), ARRIS International (ARRS), ViaSat (VSAT), Belden (BDC), Riverbed Technology (RVBD), Ciena (CIEN), Lumentum (LITE), Finisar (FNSR), West (WSTC), Viavi Solutions (VIAV), Plantronics (PLT), Polycom (PLCM), Ixia (XXIA), Casa Systems (CASA), Acacia Communications (ACIA), Oclaro (OCLR), Infinera (INFN) and ADTRAN (ADTN).
Who are InterDigital's key executives?
InterDigital's management team includes the folowing people:
- William J. Merritt, President, Chief Executive Officer, Director (Age 58)
- Richard J. Brezski, Chief Financial Officer, Treasurer (Age 44)
- Jannie K. Lau, Executive Vice President, General Counsel, Secretary (Age 41)
- Scott A. McQuilkin, Senior Executive Vice President - Innovation (Age 62)
- James J. Nolan, Executive Vice President - IoT Solutions (Age 56)
- Lawrence F. Shay, Senior Executive Vice President - Future Wireless, Chief Intellectual Property Counsel (Age 58)
- Jeffrey K. Belk, Independent Director (Age 54)
- Joan H. Gillman, Independent Director (Age 53)
- S. Douglas Hutcheson, Independent Director (Age 61)
- John A. Kritzmacher, Independent Director (Age 56)
Who owns InterDigital stock?
InterDigital's stock is owned by a number of of institutional and retail investors. Top institutional investors include Schwab Charles Investment Management Inc. (0.65%), CWM LLC (0.49%), Personal Capital Advisors Corp (0.23%), James Investment Research Inc. (0.17%), Smithbridge Asset Management Inc. DE (0.12%) and Texas Permanent School Fund (0.07%). Company insiders that own InterDigital stock include James J Nolan, Jannie K Lau, Jean F Rankin, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Robert S Roath, Scott A Mcquilkin and William J Merritt. View Institutional Ownership Trends for InterDigital.
Who sold InterDigital stock? Who is selling InterDigital stock?
InterDigital's stock was sold by a variety of institutional investors in the last quarter, including Creative Planning, CWM LLC, Strs Ohio, Smithbridge Asset Management Inc. DE, Texas Permanent School Fund and Donald L. Hagan LLC. Company insiders that have sold InterDigital company stock in the last year include James J Nolan, Jannie K Lau, Jeffrey K Belk, Lawrence F Shay, Richard Brezski, Scott A Mcquilkin and William J Merritt. View Insider Buying and Selling for InterDigital.
Who bought InterDigital stock? Who is buying InterDigital stock?
InterDigital's stock was acquired by a variety of institutional investors in the last quarter, including Personal Capital Advisors Corp, Schwab Charles Investment Management Inc., James Investment Research Inc., Oakbrook Investments LLC and Cerebellum GP LLC. View Insider Buying and Selling for InterDigital.
How do I buy InterDigital stock?
Shares of InterDigital 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 InterDigital stock can currently be purchased for approximately $79.00.
How big of a company is InterDigital?
InterDigital has a market capitalization of $2.74 billion and generates $665.85 million in revenue each year. The Wireless communications provider earns $309 million in net income (profit) each year or $7.24 on an earnings per share basis. InterDigital employs 360 workers across the globe.
How can I contact InterDigital?
InterDigital's mailing address is 200 Bellevue Pkwy Ste 300, WILMINGTON, DE 19809-3727, United States. The Wireless communications provider can be reached via phone at +1-302-2813600 or via email at [email protected]
MarketBeat Community Rating for InterDigital (IDCC)MarketBeat's community ratings are surveys of what our community members think about InterDigital and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
InterDigital (NASDAQ:IDCC) Earnings History and Estimates Chart
InterDigital (NASDAQ IDCC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$0.66||$1.00||$94.13 million||$97.30 million||View||N/A|
|7/27/2017||Q2 2017||$1.41||$1.46||$133.69 million||$135.78 million||View||N/A|
|4/27/2017||Q1 2017||$0.71||$0.93||$92.90 million||$94.53 million||View||N/A|
|2/23/2017||Q416||$3.84||$3.85||$262.57 million||$273.90 million||View||N/A|
|10/27/2016||Q316||$3.01||$2.99||$210.68 million||$208.30 million||View||Listen|
|8/2/2016||Q216||$0.31||$1.14||$76.60 million||$75.90 million||View||N/A|
|4/28/2016||Q116||$0.78||$0.79||$101.36 million||$107.80 million||View||Listen|
|2/18/2016||Q415||$0.72||$0.92||$103.23 million||$112.10 million||View||Listen|
|10/30/2015||Q315||$0.24||$0.68||$79.04 million||$100.40 million||View||Listen|
|7/30/2015||Q215||$0.78||$0.89||$108.27 million||$118.55 million||View||Listen|
|4/29/2015||Q115||$0.77||$0.84||$108.65 million||$110.38 million||View||Listen|
|2/19/2015||Q414||$0.36||$0.36||$85.90 million||$86.10 million||View||Listen|
|10/30/2014||Q314||$0.20||$0.34||$70.90 million||$77.60 million||View||N/A|
|8/7/2014||Q214||$2.13||$1.93||$192.30 million||$194.20 million||View||N/A|
|5/1/2014||Q114||($0.16)||($0.05)||$56.60 million||$57.84 million||View||N/A|
|2/20/2014||Q413||$0.30||$0.35||$81.60 million||$9.70 million||View||N/A|
|10/31/2013||Q313||$0.01||$0.64||$51.79 million||$110.60 million||View||N/A|
|7/25/2013||Q2 2013||$0.15||$0.22||$68.18 million||$67.70 million||View||N/A|
|4/25/2013||Q1 2013||($0.20)||($0.30)||$46.90 million||$46.91 million||View||N/A|
|2/20/2013||Q4 2012||$0.06||$0.38||$61.17 million||$87.90 million||View||N/A|
InterDigital (NASDAQ:IDCC) Earnings Estimates
2018 EPS Consensus Estimate: $1.87
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
InterDigital (NASDAQ:IDCC) Dividend Information
|Payout Ratio:||19.34% (Trailing 12 Months of Earnings) |
24.48% (Based on This Year's Estimates)
89.17% (Based on Next Year's Estimates)
InterDigital (NASDAQ:IDCC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
InterDigital (NASDAQ IDCC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 72.83%
InterDigital (NASDAQ IDCC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/29/2018||Scott A Mcquilkin||EVP||Sell||500||$76.50||$38,250.00||78,881|| |
|12/29/2017||Scott A Mcquilkin||EVP||Sell||500||$76.50||$38,250.00|| |
|11/27/2017||James J Nolan||EVP||Sell||5,020||$75.00||$376,500.00||49,063|| |
|10/30/2017||Jannie K Lau||EVP||Sell||2,561||$72.31||$185,185.91||19,496|| |
|9/29/2017||Scott A Mcquilkin||EVP||Sell||500||$75.00||$37,500.00||79,319|| |
|8/7/2017||James J Nolan||EVP||Sell||2,294||$71.30||$163,562.20||54,042|| |
|6/30/2017||Scott A Mcquilkin||EVP||Sell||500||$79.15||$39,575.00||79,768|| |
|6/9/2017||Jeffrey K Belk||Director||Sell||800||$84.39||$67,512.00||17,801|| |
|5/12/2017||Lawrence F Shay||EVP||Sell||8,000||$85.88||$687,040.00||48,458|| |
|5/8/2017||James J Nolan||EVP||Sell||8,596||$83.83||$720,602.68||57,149|| |
|3/31/2017||Scott A Mcquilkin||EVP||Sell||500||$85.75||$42,875.00||80,724|| |
|3/20/2017||Richard Brezski||CFO||Sell||10,000||$84.93||$849,300.00||27,681|| |
|3/20/2017||William J Merritt||Insider||Sell||2,000||$84.92||$169,840.00||134,477|| |
|1/24/2017||William J Merritt||CEO||Sell||9,000||$90.06||$810,540.00||123,156|| |
|1/23/2017||William J Merritt||CEO||Sell||9,000||$88.32||$794,880.00||123,156|| |
|1/20/2017||Jeffrey K Belk||Director||Sell||2,773||$88.70||$245,965.10||17,784|| |
|1/20/2017||Lawrence F Shay||EVP||Sell||7,157||$88.70||$634,825.90||37,915|| |
|10/31/2016||Richard Brezski||CFO||Sell||6,807||$70.00||$476,490.00||20,556|| |
|10/12/2016||Robert S Roath||Director||Sell||6,901||$77.34||$533,723.34||15,967|| |
|10/10/2016||Jannie K Lau||EVP||Sell||2,010||$78.35||$157,483.50||14,244|| |
|10/10/2016||William J Merritt||Insider||Sell||5,000||$78.35||$391,750.00||136,072|| |
|6/13/2016||Jean F Rankin||Director||Sell||950||$58.36||$55,442.00||19,639|| |
|6/8/2016||Jannie K Lau||EVP||Sell||6,132||$59.50||$364,854.00||19,169|| |
|3/30/2016||Lawrence F Shay||EVP||Sell||4,233||$55.00||$232,815.00||46,274|| |
|2/23/2016||William J Merritt||CEO||Sell||5,000||$50.00||$250,000.00||131,820|| |
|7/16/2015||Jannie K Lau||EVP||Sell||1,604||$57.50||$92,230.00|| |
|6/19/2015||Robert S Roath||Director||Sell||7,992||$59.31||$474,005.52|| |
|6/1/2015||William J Merritt||CEO||Sell||5,000||$59.50||$297,500.00|| |
|2/27/2015||John A Kritzmacher||Director||Sell||2,000||$52.56||$105,120.00|| |
|1/2/2015||Lawrence F Shay||VP||Sell||7,036||$52.31||$368,053.16|| |
|12/29/2014||Jannie K Lau||EVP||Sell||2,295||$54.17||$124,320.15|| |
|12/22/2014||Jeffrey K Belk||Director||Sell||2,400||$53.63||$128,712.00|| |
|12/18/2014||William J Merritt||CEO||Sell||5,000||$53.36||$266,800.00|| |
|10/31/2014||John A Kritzmacher||Director||Sell||2,000||$49.38||$98,760.00|| |
|8/12/2014||John A Kritzmacher||Director||Sell||2,000||$43.24||$86,480.00|| |
|7/15/2014||Edward Kamins||Director||Sell||7,000||$46.78||$327,460.00|| |
|7/14/2014||Lawrence F Shay||VP||Sell||6,057||$46.58||$282,135.06|| |
|7/30/2013||John A Kritzmacher||Director||Sell||2,000||$40.00||$80,000.00|| |
|11/12/2012||William J Merritt||CEO||Sell||2,644||$42.00||$111,048.00|| |
InterDigital (NASDAQ IDCC) News Headlines
|InterDigital, Inc. (IDCC) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - January 12 at 5:42 AM
|FPA Capital Fund Establishes 4 New Positions in 4th Quarter|
finance.yahoo.com - January 11 at 3:27 PM
|Smart Devices Aren't Talking to Each Other, Says IDC's Llamas|
finance.yahoo.com - January 9 at 9:45 AM
|Ex-Dividend Reminder: Interdigital, UDR and Toronto Dominion Bank|
www.nasdaq.com - January 5 at 3:28 PM
|3 Days Left To Cash In On InterDigital Inc (NASDAQ:IDCC) Dividend, Should You Buy?|
finance.yahoo.com - January 5 at 8:59 AM
|InterDigital, Inc. (IDCC) to Post FY2017 Earnings of $5.66 Per Share, B. Riley Forecasts|
www.americanbankingnews.com - January 5 at 8:14 AM
|Insider Selling: InterDigital, Inc. (IDCC) EVP Sells 500 Shares of Stock|
www.americanbankingnews.com - January 2 at 7:58 PM
|Is InterDigital Inc (NASDAQ:IDCC) As Financially Strong As Its Balance Sheet Indicates?|
finance.yahoo.com - December 29 at 9:17 AM
|Analyzing InterDigital (IDCC) and Acme Packet (APKT)|
www.americanbankingnews.com - December 28 at 1:13 PM
|InterDigital Inc (IDCC.O)|
www.reuters.com - December 19 at 8:59 AM
|InterDigital, Inc. (IDCC) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - December 18 at 5:40 AM
|InterDigital, Inc. breached its 50 day moving average in a Bearish Manner : IDCC-US : December 15, 2017|
finance.yahoo.com - December 15 at 8:36 AM
|Hillcrest Labs Launches High Precision Sensor Hub to Advance Navigation Systems in Cost Critical Consumer Robots - GlobeNewswire (press release)|
globenewswire.com - December 12 at 3:26 PM
|Hillcrest Labs Announces Enhanced Sensor Node With Best-In-Class Motion Tracking for Virtual Reality, Augmented Reality and 3D Audio Devices|
finance.yahoo.com - December 12 at 8:44 AM
|Hillcrest Labs Launches High Precision Sensor Hub to Advance Navigation Systems in Cost Critical Consumer Robots|
finance.yahoo.com - December 12 at 8:44 AM
|Dougherty & Co Weighs in on InterDigital, Inc.'s FY2018 Earnings (IDCC)|
www.americanbankingnews.com - December 11 at 8:55 AM
|Analyzing InterDigital (IDCC) and Inseego (INSG)|
www.americanbankingnews.com - December 10 at 9:32 AM
|InterDigital, Inc. (IDCC) Announces Quarterly Dividend of $0.35|
www.americanbankingnews.com - December 8 at 5:40 PM
|InterDigital, Inc. – Value Analysis (NASDAQ:IDCC) : December 6, 2017|
finance.yahoo.com - December 6 at 3:26 PM
|InterDigital (IDCC) Receives "Buy" Rating from B. Riley|
www.americanbankingnews.com - December 5 at 3:48 PM
|B.Riley/FBR Remains Positive on InterDigital (IDCC), Believes Investors Should Add to Positions - StreetInsider.com|
www.streetinsider.com - December 5 at 3:26 PM
|InterDigital, Inc. breached its 50 day moving average in a Bullish Manner : IDCC-US : December 5, 2017|
finance.yahoo.com - December 5 at 8:50 AM
|InterDigital Updates Revenue Guidance for Fourth Quarter 2017 - GlobeNewswire (press release)|
globenewswire.com - December 4 at 3:25 PM
|InterDigital and LG Electronics, Inc. Sign Multi-Year Patent License Agreement|
finance.yahoo.com - December 4 at 8:52 AM
|James J. Nolan Sells 5,020 Shares of InterDigital, Inc. (IDCC) Stock|
www.americanbankingnews.com - November 28 at 4:42 PM
|InterDigital, Inc. (IDCC) PT Set at $100.00 by B. Riley|
www.americanbankingnews.com - November 25 at 6:10 PM
|InterDigital, Inc. (IDCC) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - November 23 at 10:10 AM
|FY2017 EPS Estimates for InterDigital, Inc. (IDCC) Raised by Analyst|
www.americanbankingnews.com - November 22 at 6:22 AM
|FY2018 EPS Estimates for InterDigital, Inc. (IDCC) Decreased by Dougherty & Co|
www.americanbankingnews.com - November 21 at 2:56 PM
|B. Riley Brokers Reduce Earnings Estimates for InterDigital, Inc. (IDCC)|
www.americanbankingnews.com - November 17 at 10:12 PM
|InterDigital Wins IDTechEX Best IoT Technology Development Award for oneTRANSPORT Data Marketplace - GlobeNewswire (press release)|
globenewswire.com - November 17 at 5:35 AM
|Notable Thursday Option Activity: T, IDCC, GBX - Nasdaq.com - Nasdaq|
www.nasdaq.com - November 17 at 5:35 AM
|InterDigital Wins IDTechEX Best IoT Technology Development Award for oneTRANSPORT Data Marketplace|
finance.yahoo.com - November 17 at 5:35 AM
|InterDigital, Inc. (IDCC) Raised to Buy at ValuEngine|
www.americanbankingnews.com - November 17 at 12:20 AM
|B. Riley Brokers Raise Earnings Estimates for InterDigital, Inc. (IDCC)|
www.americanbankingnews.com - November 15 at 6:56 AM
|InterDigital Issues Revenue Guidance for Fourth Quarter 2017 - GlobeNewswire (press release)|
globenewswire.com - November 13 at 7:48 PM
|InterDigital Issues Revenue Guidance for Fourth Quarter 2017|
finance.yahoo.com - November 13 at 7:48 PM
|Analyzing Lumentum Holdings (LITEV) & InterDigital (IDCC)|
www.americanbankingnews.com - November 11 at 5:28 AM
|XTL's Underlying Holdings Imply 23% Gain Potential - Nasdaq|
www.nasdaq.com - November 8 at 4:36 PM
|InterDigital, Inc. breached its 50 day moving average in a Bearish Manner : IDCC-US : November 8, 2017|
finance.yahoo.com - November 8 at 4:36 PM
|ETFs with exposure to InterDigital, Inc. : November 6, 2017|
finance.yahoo.com - November 7 at 2:52 AM
|Successful Completion of InnovateUK Integrated Transport Project: 300+ Datasets, 11 Partners, and 9 Global Awards|
finance.yahoo.com - November 6 at 5:17 AM
|Notable Friday Option Activity: PBYI, IDCC, RTN - Nasdaq|
www.nasdaq.com - November 4 at 1:50 AM
|Analysts Set Expectations for InterDigital, Inc.'s Q4 2017 Earnings (IDCC)|
www.americanbankingnews.com - November 2 at 11:30 AM
|InterDigital, Inc. (IDCC) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - November 1 at 11:38 PM
|Contrasting InterDigital (IDCC) and Sonus Networks (SONS)|
www.americanbankingnews.com - November 1 at 5:12 PM
|FY2017 EPS Estimates for InterDigital, Inc. Raised by Dougherty & Co (IDCC)|
www.americanbankingnews.com - November 1 at 9:38 AM
|Insider Selling: InterDigital, Inc. (IDCC) EVP Sells 2,561 Shares of Stock|
www.americanbankingnews.com - October 31 at 5:42 PM
|InterDigital, Inc. breached its 50 day moving average in a Bearish Manner : IDCC-US : October 30, 2017|
finance.yahoo.com - October 30 at 9:45 PM
|InterDigital, Inc. (IDCC) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - October 29 at 5:38 AM
InterDigital (NASDAQ:IDCC) SEC Filings
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InterDigital (NASDAQ:IDCC) Income Statement, Balance Sheet and Cash Flow Statement
InterDigital (NASDAQ IDCC) Stock Chart for Wednesday, January, 24, 2018