IDT (IDT) Stock Forecast, Price & News

IDT's stock was trading at $28.17 at the beginning of 2023. Since then, IDT stock has decreased by 2.7% and is now trading at $27.40.
View the best growth stocks for 2023 here.

IDT saw a increase in short interest in April. As of April 30th, there was short interest totaling 338,700 shares, an increase of 8.8% from the April 15th total of 311,200 shares. Based on an average daily volume of 87,900 shares, the short-interest ratio is presently 3.9 days. Approximately 2.1% of the company's shares are short sold.
View IDT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 5th 2023.
View our IDT earnings forecast.

IDT Co. (NYSE:IDT) released its quarterly earnings data on Wednesday, September, 28th. The utilities provider reported $0.50 EPS for the quarter. The utilities provider had revenue of $368.10 million for the quarter, compared to analysts' expectations of $405.80 million. IDT had a trailing twelve-month return on equity of 29.63% and a net margin of 3.93%.

ETFs with the largest weight of IDT (NYSE:IDT) stock in their portfolio include SPDR S&P Telecom ETF (XTL), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE), Vanguard U.S. Quality Factor ETF (VFQY) and Vanguard Communication Services ETF (VOX).Fidelity MSCI Communication Services Index ETF (FCOM).

83 employees have rated IDT Chief Executive Officer Samuel Jonas on Glassdoor.com. Samuel Jonas has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other IDT investors own include Onconova Therapeutics (ONTX), General Electric (GE), Energy Transfer (ET), Verizon Communications (VZ), Pfizer (PFE), Ardelyx (ARDX), Gilead Sciences (GILD), The Meet Group (MEET), Annaly Capital Management (NLY) and Regions Financial (RF).

IDT trades on the New York Stock Exchange (NYSE) under the ticker symbol "IDT."

IDT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.43%), Dimensional Fund Advisors LP (4.87%), Renaissance Technologies LLC (3.96%), FMR LLC (2.84%), Newport Capital Group LLC (2.40%) and Adirondack Retirement Specialists Inc. (2.25%). Insiders that own company stock include Bill Pereira, David Wartell, Eric F Cosentino, Eric F Cosentino, Howard S Jonas, Joyce J Mason, Joyce J Mason, Marcelo Fischer, Mitch Silberman and Nadine Shea.
View institutional ownership trends.

Shares of IDT 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 IDT stock can currently be purchased for approximately $27.40.

IDT (NYSE:IDT) has a market capitalization of $699.52 million and generates $1.36 billion in revenue each year. The utilities provider earns $27.03 million in net income (profit) each year or $1.93 on an earnings per share basis.

The company employs 1,690 workers across the globe.

IDT's mailing address is 520 Broad Street, Newark NJ, 07102. The official website for the company is www.idt.net. The utilities provider can be reached via phone at (973) 438-1000, via email at invest@idt.net, or via fax at 201-928-1057.