Universal Display - OLED Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" OLED shares.
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5 brokers have issued twelve-month price objectives for Universal Display's shares. Their OLED share price forecasts range from $128.00 to $158.00. On average, they anticipate the company's stock price to reach $139.56 in the next twelve months. This suggests a possible upside of 21.2% from the stock's current price.
View analysts price targets for OLED or view top-rated stocks among Wall Street analysts.

Universal Display's stock was trading at $165.03 at the start of the year. Since then, OLED shares have decreased by 30.2% and is now trading at $115.15.
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Universal Display saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,040,000 shares, a decrease of 24.1% from the October 31st total of 1,370,000 shares. Based on an average daily trading volume, of 437,900 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.4% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our OLED earnings forecast.

Universal Display Co. (NASDAQ:OLED) issued its quarterly earnings data on Thursday, November, 4th. The semiconductor company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by $0.12. The semiconductor company earned $143.62 million during the quarter, compared to analyst estimates of $145.26 million. Universal Display had a net margin of 32.13% and a trailing twelve-month return on equity of 16.56%. The company's revenue for the quarter was up 22.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.85 earnings per share.

Universal Display announced a quarterly dividend on Thursday, November 3rd. Stockholders of record on Friday, December 16th will be paid a dividend of $0.30 per share on Friday, December 30th. This represents a $1.20 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend is Thursday, December 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 1.07%. 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 30.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 28.99% 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 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share (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 $594.05 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.67%), BlackRock Inc. (8.23%), Primecap Management Co. CA (4.52%), UBS Asset Management Americas Inc. (3.48%), State Street Corp (3.09%) and Macquarie Group Ltd. (1.88%). Insiders that own company stock include C Keith Hartley, Cynthia Jane Comparin, Julia J Brown, Julia J Brown, Lawrence Lacerte, Mauro Premutico and Sidney D Rosenblatt.
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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 $115.15.

Universal Display (NASDAQ:OLED) has a market capitalization of $5.44 billion and generates $553.53 million in revenue each year. The semiconductor company earns $184.21 million in net income (profit) each year or $4.00 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.