Universal Display - OLED Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last twelve months. There are currently 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OLED shares.
View OLED analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued twelve-month price targets for Universal Display's shares. Their OLED share price forecasts range from $135.00 to $160.00. On average, they expect the company's stock price to reach $146.90 in the next twelve months. This suggests that the stock has a possible downside of 1.0%.
View analysts price targets for OLED or view top-rated stocks among Wall Street analysts.

Universal Display's stock was trading at $108.04 at the start of the year. Since then, OLED stock has increased by 37.4% and is now trading at $148.43.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our OLED earnings forecast.

Universal Display Co. (NASDAQ:OLED) announced its earnings results on Thursday, February, 23rd. The semiconductor company reported $1.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.43. The semiconductor company had revenue of $169 million for the quarter, compared to analysts' expectations of $148.97 million. Universal Display had a trailing twelve-month return on equity of 17.56% and a net margin of 34.07%. The company's revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 earnings per share.

Universal Display announced a quarterly dividend on Thursday, February 23rd. Investors of record on Friday, March 17th will be given a dividend of $0.35 per share on Friday, March 31st. This represents a $1.40 annualized dividend and a yield of 0.94%. The ex-dividend date is Thursday, March 16th. This is a positive change from the stock's previous quarterly dividend of $0.30.
Read our dividend analysis for OLED.

ETFs with the largest weight of Universal Display (NASDAQ:OLED) stock in their portfolio include ProShares Smart Materials ETF (TINT), SPDR S&P Semiconductor ETF (XSD), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), ProShares Metaverse ETF (VERS), Invesco WilderHill Clean Energy ETF (PBW), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and Blue Horizon BNE ETF (BNE).

Universal Display (NASDAQ:OLED) pays an annual dividend of $1.40 per share and currently has a dividend yield of 0.96%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 31.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 30.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OLED.

Universal Display updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $550.00 million-$600.00 million, compared to the consensus revenue estimate of $628.66 million.

7 employees have rated Universal Display Chief Executive Officer Steven V. Abramson on Glassdoor.com. Steven V. Abramson has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Display investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), PayPal (PYPL), Adobe (ADBE), Netflix (NFLX), Block (SQ), Advanced Micro Devices (AMD) and Broadcom (AVGO).

Universal Display trades on the NASDAQ under the ticker symbol "OLED."

Universal Display's stock is owned by many different retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (2.56%), Macquarie Group Ltd. (1.94%), JPMorgan Chase & Co. (1.70%), Geode Capital Management LLC (1.50%), Griffin Asset Management Inc. (1.17%) and Copeland Capital Management LLC (1.09%). Insiders that own company stock include C Keith Hartley, Julia J Brown, Julia J Brown, Lawrence Lacerte, Mauro Premutico and Sidney D Rosenblatt.
View institutional ownership trends.

Shares of OLED stock 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.

One share of OLED stock can currently be purchased for approximately $148.43.

Universal Display (NASDAQ:OLED) has a market capitalization of $7.01 billion and generates $616.62 million in revenue each year. The semiconductor company earns $210.06 million in net income (profit) each year or $4.40 on an earnings per share basis.

The company employs 409 workers across the globe.

Universal Display's mailing address is 375 PHILLIPS BOULEVARD, EWING NJ, 08618. The official website for the company is www.oled.com. The semiconductor company can be reached via phone at (609) 671-0980, via email at investor@oled.com, or via fax at 609-671-0995.