IDT (IDT) Expected to Announce Quarterly Earnings on Thursday

IDT (NYSE:IDT) is expected to be releasing its Q3 2026 results after the market closes on Thursday, June 4th. Analysts expect IDT to post earnings of $0.89 per share and revenue of $308.00 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, June 3, 2026 at 5:30 PM ET.

IDT (NYSE:IDT) last announced its quarterly earnings results on Tuesday, March 10th. The utilities provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.90 by $0.10. IDT had a return on equity of 25.97% and a net margin of 6.49%.The company had revenue of $320.52 million for the quarter, compared to the consensus estimate of $302.00 million.

IDT Stock Up 0.8%

Shares of IDT stock opened at $52.56 on Thursday. IDT has a 12 month low of $45.72 and a 12 month high of $71.12. The business’s 50 day moving average is $50.74 and its two-hundred day moving average is $50.38. The company has a market cap of $1.32 billion, a PE ratio of 16.12 and a beta of 0.65.

IDT Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 19th were paid a $0.07 dividend. The ex-dividend date was Thursday, March 19th. This is a positive change from IDT’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 0.5%. IDT’s dividend payout ratio is 8.59%.

Insider Activity

In related news, EVP Menachem Ash sold 20,000 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $51.00, for a total value of $1,020,000.00. Following the completion of the sale, the executive vice president owned 32,243 shares in the company, valued at approximately $1,644,393. This trade represents a 38.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Marcelo Fischer sold 5,000 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $50.50, for a total transaction of $252,500.00. Following the completion of the sale, the chief financial officer owned 56,147 shares of the company’s stock, valued at approximately $2,835,423.50. The trade was a 8.18% decrease in their position. The disclosure for this sale is available in the SEC filing. 25.41% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new stake in IDT in the 3rd quarter valued at $96,000. Gabelli Funds LLC acquired a new position in shares of IDT in the 2nd quarter valued at $239,000. State of Tennessee Department of Treasury acquired a new position in shares of IDT in the 4th quarter valued at $268,000. Ameriprise Financial Inc. acquired a new position in shares of IDT in the 3rd quarter valued at $399,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of IDT by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,156 shares of the utilities provider’s stock valued at $470,000 after buying an additional 381 shares in the last quarter. 59.34% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

IDT has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of IDT in a research note on Friday, March 27th. Wall Street Zen lowered shares of IDT from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 3rd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

About IDT

IDT Corporation, founded in 1990 and headquartered in Newark, New Jersey, is a diversified global provider of telecommunications and payment services. The company operates through its primary communications arm, IDT Telecom, and a digital solutions segment that encompasses cross-border money transfers and related fintech offerings. Since its inception, IDT has built an international network infrastructure to support voice and data transmission across more than 200 countries and territories.

Through IDT Telecom, the company offers a suite of voice communication products, including prepaid phone cards, VoIP services, SIP trunking and operator-assisted calling.