Universal Display - OLED Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OLED shares.
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7 Wall Street research analysts have issued 1 year price objectives for Universal Display's shares. Their OLED share price forecasts range from $135.00 to $238.00. On average, they predict the company's share price to reach $168.30 in the next year. This suggests a possible upside of 44.2% from the stock's current price.
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Universal Display's stock was trading at $165.03 on January 1st, 2022. Since then, OLED shares have decreased by 29.3% and is now trading at $116.75.
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Universal Display is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our OLED earnings forecast.

Universal Display Co. (NASDAQ:OLED) released its quarterly earnings data on Thursday, August, 4th. The semiconductor company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by $0.13. The semiconductor company had revenue of $136.60 million for the quarter, compared to analyst estimates of $151.21 million. Universal Display had a trailing twelve-month return on equity of 16.55% and a net margin of 31.80%. The company's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 EPS.

Universal Display announced a quarterly dividend on Thursday, August 4th. Stockholders of record on Friday, September 16th will be paid a dividend of $0.30 per share on Friday, September 30th. This represents a $1.20 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date is Thursday, September 15th.
Read our dividend analysis for OLED.

Universal Display (NASDAQ:OLED) pays an annual dividend of $1.20 per share and currently has a dividend yield of 0.99%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 31.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 23.62% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OLED.

Universal Display issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $590.00 million-$610.00 million, compared to the consensus revenue estimate of $630.45 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 institutional and retail investors. Top institutional shareholders include LGT Capital Partners LTD. (1.18%), Griffin Asset Management Inc. (1.17%), Copeland Capital Management LLC (0.78%), Robeco Schweiz AG (0.68%), Jennison Associates LLC (0.63%) and Van ECK Associates Corp (0.62%). Insiders that own company stock include C Keith Hartley, Cynthia Jane Comparin, Jonathan W Painter, Julia J Brown, Julia J Brown, Lawrence Lacerte, Mauro Premutico, Sidney D Rosenblatt and Steven V Abramson.
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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.
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One share of OLED stock can currently be purchased for approximately $116.75.

Universal Display (NASDAQ:OLED) has a market capitalization of $5.51 billion and generates $553.53 million in revenue each year. The semiconductor company earns $184.21 million in net income (profit) each year or $3.85 on an earnings per share basis.

Universal Display employs 409 workers across the globe.

Universal Display was founded in 1994.

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.