NASDAQ:IDCC - InterDigital Wireless Stock Price, Forecast & News

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

InterDigital Wireless declared a quarterly dividend on Monday, December 16th. Shareholders of record on Wednesday, January 8th will be paid a dividend of $0.35 per share on Wednesday, January 22nd. This represents a $1.40 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Tuesday, January 7th. View InterDigital Wireless' Dividend History.

InterDigital Wireless Inc (NASDAQ:IDCC) released its quarterly earnings results on Thursday, February, 20th. The Wireless communications provider reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.27 by $0.17. The Wireless communications provider earned $102.16 million during the quarter, compared to analyst estimates of $74.10 million. InterDigital Wireless had a return on equity of 2.60% and a net margin of 6.56%. The firm's quarterly revenue was up 35.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 EPS. View InterDigital Wireless' Earnings History.

InterDigital Wireless is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for InterDigital Wireless.

InterDigital Wireless issued an update on its first quarter 2020 Pre-Market earnings guidance on Thursday, February, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $73-75 million, compared to the consensus revenue estimate of $77.62 million.

1 analysts have issued 12-month target prices for InterDigital Wireless' stock. Their forecasts range from $90.00 to $90.00. On average, they anticipate InterDigital Wireless' stock price to reach $90.00 in the next twelve months. This suggests a possible upside of 42.2% from the stock's current price. View Analyst Price Targets for InterDigital Wireless.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for InterDigital Wireless in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for InterDigital Wireless.

Press coverage about IDCC stock has trended very negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. InterDigital Wireless earned a media sentiment score of -3.6 on InfoTrie's scale. They also gave news articles about the Wireless communications provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for InterDigital Wireless.

Some companies that are related to InterDigital Wireless include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR), NetGear (NTGR) and Harmonic (HLIT).

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), Ribbon Communications (RBBN), Harvard Bioscience (HBIO) and Micron Technology (MU).

InterDigital Wireless' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.28%), State Street Corp (3.44%), Geode Capital Management LLC (1.40%), Bank of New York Mellon Corp (1.39%), Goldman Sachs Group Inc. (1.37%) and FIL Ltd (1.29%). Company insiders that own InterDigital Wireless stock include James J Nolan, Jannie K Lau, Jean F Rankin, Jeffrey K Belk, Stewart D Hutcheson and William J Merritt. View Institutional Ownership Trends for InterDigital Wireless.

IDCC stock was sold by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Thrivent Financial for Lutherans, Credit Suisse AG, Bank of New York Mellon Corp, Skandinaviska Enskilda Banken AB publ , Bank of Montreal Can, FMR LLC and Personal Capital Advisors Corp. Company insiders that have sold InterDigital Wireless company stock in the last year include Jean F Rankin, Stewart D Hutcheson and William J Merritt. View Insider Buying and Selling for InterDigital Wireless.

IDCC stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Capital Management Corp VA, Renaissance Technologies LLC, AQR Capital Management LLC, Roubaix Capital LLC, Ariel Investments LLC, Great West Life Assurance Co. Can and Penserra Capital Management LLC. View Insider Buying and Selling for 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.

One share of IDCC stock can currently be purchased for approximately $63.28.

InterDigital Wireless has a market capitalization of $1.97 billion and generates $318.92 million in revenue each year. The Wireless communications provider earns $63.87 million in net income (profit) each year or $0.66 on an earnings per share basis. InterDigital Wireless employs 390 workers across the globe.View Additional Information About InterDigital Wireless.

The official website for InterDigital Wireless is http://www.interdigital.com/.

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]