Universal Display - OLED Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OLED shares.
View OLED analyst ratings or view top-rated stocks.

6 equities research analysts have issued 1 year target prices for Universal Display's stock. Their OLED share price forecasts range from $128.00 to $158.00. On average, they expect the company's share price to reach $139.10 in the next twelve months. This suggests a possible upside of 5.3% 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 $108.04 at the start of the year. Since then, OLED stock has increased by 22.3% and is now trading at $132.11.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our OLED earnings forecast.

Universal Display will be holding an earnings conference call on Thursday, February 23rd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Universal Display Co. (NASDAQ:OLED) announced its earnings results on Thursday, November, 3rd. The semiconductor company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.22. The semiconductor company earned $160.56 million during the quarter, compared to analysts' expectations of $144.79 million. Universal Display had a trailing twelve-month return on equity of 16.56% and a net margin of 32.13%.

Universal Display declared a quarterly dividend on Thursday, November 3rd. Investors 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 annualized dividend and a dividend yield of 0.91%. The ex-dividend date 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 0.91%. 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 issued an update on its FY 2022 earnings guidance on Tuesday, January, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $590.00 million-$610.00 million, compared to the consensus revenue estimate of $597.23 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 investors include Griffin Asset Management Inc. (1.17%), Copeland Capital Management LLC (1.09%), LGT Capital Partners LTD. (1.02%), AEGON ASSET MANAGEMENT UK Plc (0.42%), Assenagon Asset Management S.A. (0.04%) and Xponance Inc. (0.02%). 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.
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 $132.11.

Universal Display (NASDAQ:OLED) has a market capitalization of $6.24 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.