
InterDigital, Inc. (NASDAQ:IDCC – Free Report) – Stock analysts at Zacks Research decreased their FY2026 earnings per share (EPS) estimates for InterDigital in a note issued to investors on Friday, January 16th. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings per share of $7.34 for the year, down from their previous forecast of $7.39. Zacks Research has a “Hold” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $9.21 per share.
A number of other equities analysts have also issued reports on IDCC. Weiss Ratings lowered InterDigital from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, December 29th. Jefferies Financial Group set a $475.00 target price on InterDigital and gave the company a “buy” rating in a research note on Thursday, October 30th. UBS Group set a $425.00 target price on InterDigital in a report on Monday, December 1st. Finally, William Blair reissued an “outperform” rating on shares of InterDigital in a report on Monday, September 22nd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, InterDigital currently has an average rating of “Moderate Buy” and an average target price of $416.67.
InterDigital Trading Down 0.5%
InterDigital stock opened at $308.76 on Monday. InterDigital has a 12-month low of $169.58 and a 12-month high of $412.60. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.89 and a quick ratio of 1.89. The stock has a market capitalization of $7.95 billion, a PE ratio of 20.83 and a beta of 1.57. The firm has a 50 day simple moving average of $336.75 and a 200-day simple moving average of $313.56.
InterDigital (NASDAQ:IDCC – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $0.14. The business had revenue of $164.68 million during the quarter, compared to analyst estimates of $153.43 million. InterDigital had a return on equity of 51.89% and a net margin of 53.50%.The business’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.14 EPS. InterDigital has set its FY 2025 guidance at 14.570-14.830 EPS and its Q4 2025 guidance at 1.380-1.630 EPS.
Institutional Investors Weigh In On InterDigital
Institutional investors have recently bought and sold shares of the business. Blue Trust Inc. lifted its position in shares of InterDigital by 3.6% in the fourth quarter. Blue Trust Inc. now owns 1,437 shares of the Wireless communications provider’s stock worth $458,000 after purchasing an additional 50 shares in the last quarter. Waldron Private Wealth LLC acquired a new position in InterDigital in the 4th quarter valued at approximately $393,000. Exchange Traded Concepts LLC lifted its position in InterDigital by 13.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 3,710 shares of the Wireless communications provider’s stock worth $1,181,000 after buying an additional 452 shares in the last quarter. Norden Group LLC boosted its stake in shares of InterDigital by 17.4% during the 4th quarter. Norden Group LLC now owns 1,159 shares of the Wireless communications provider’s stock valued at $369,000 after buying an additional 172 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of InterDigital during the 4th quarter valued at $1,844,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other InterDigital news, CEO Lawrence Liren Chen sold 2,975 shares of InterDigital stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $334.08, for a total transaction of $993,888.00. Following the transaction, the chief executive officer directly owned 173,910 shares in the company, valued at approximately $58,099,852.80. The trade was a 1.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Rajesh Pankaj sold 1,000 shares of the stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $375.31, for a total value of $375,310.00. Following the completion of the sale, the chief technology officer owned 64,157 shares of the company’s stock, valued at $24,078,763.67. The trade was a 1.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 28,840 shares of company stock worth $9,609,596. Company insiders own 2.80% of the company’s stock.
InterDigital Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, January 14th. InterDigital’s dividend payout ratio is currently 18.89%.
InterDigital Company Profile
InterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.
The company’s principal services include patent licensing, technology evaluation and consulting.
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