IDT Corp. (NYSE:IDT) Chairman Howard S. Jonas sold 48,360 shares of IDT Corp. stock in a transaction dated Monday, October 10th. The stock was sold at an average price of $17.80, for a total value of $860,808.00. Following the completion of the transaction, the chairman now directly owns 117,001 shares of the company’s stock, valued at $2,082,617.80. The transaction was disclosed in a document filed with the SEC, which is available at this link.

IDT Corp. (NYSE:IDT) opened at 17.60 on Wednesday. The company has a market capitalization of $405.24 million, a price-to-earnings ratio of 17.09 and a beta of 0.83. IDT Corp. has a 52-week low of $10.76 and a 52-week high of $18.17. The stock has a 50 day moving average price of $15.69 and a 200 day moving average price of $15.10.

IDT Corp. (NYSE:IDT) last posted its quarterly earnings results on Wednesday, September 28th. The company reported $0.50 earnings per share (EPS) for the quarter. IDT Corp. had a net margin of 1.57% and a return on equity of 25.70%. The business earned $368.10 million during the quarter, compared to analyst estimates of $405.80 million. Equities research analysts forecast that IDT Corp. will post $1.70 earnings per share for the current year.

Insider Buying and Selling by Quarter for IDT Corp. (NYSE:IDT)

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 20th. Shareholders of record on Tuesday, October 11th will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 4.32%. This is a positive change from IDT Corp.’s previous quarterly dividend of $0.18. The ex-dividend date is Thursday, October 6th. IDT Corp.’s dividend payout ratio is presently 73.79%.

About IDT Corp.

IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company operates through segments, including Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.

5 Day Chart for NYSE:IDT

Receive News & Ratings for IDT Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDT Corp. and related companies with's FREE daily email newsletter.