
InterDigital, Inc. (NASDAQ:IDCC – Free Report) – Stock analysts at Zacks Research lowered their FY2026 earnings estimates for InterDigital in a report issued on Tuesday, June 16th. Zacks Research analyst Team now anticipates that the Wireless communications provider will earn $7.41 per share for the year, down from their prior forecast of $7.42. The consensus estimate for InterDigital’s current full-year earnings is $7.41 per share. Zacks Research also issued estimates for InterDigital’s Q1 2027 earnings at $1.86 EPS, FY2027 earnings at $7.82 EPS and FY2028 earnings at $8.87 EPS.
InterDigital (NASDAQ:IDCC – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.54 by $0.03. The firm had revenue of $205.42 million during the quarter, compared to analysts’ expectations of $196.85 million. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company posted $3.45 earnings per share. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS.
Read Our Latest Report on InterDigital
InterDigital Trading Down 0.4%
Shares of InterDigital stock opened at $286.10 on Thursday. The company has a fifty day moving average of $298.86 and a 200 day moving average of $324.74. InterDigital has a fifty-two week low of $213.06 and a fifty-two week high of $412.60. The company has a market capitalization of $7.39 billion, a P/E ratio of 26.94 and a beta of 1.43. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.88 and a current ratio of 1.88.
InterDigital Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Wednesday, July 8th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 8th. InterDigital’s dividend payout ratio is 26.37%.
Insider Activity
In related news, Director John A. Kritzmacher sold 365 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $276.64, for a total value of $100,973.60. Following the sale, the director directly owned 16,359 shares in the company, valued at approximately $4,525,553.76. The trade was a 2.18% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Samir Armaly sold 470 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $276.64, for a total value of $130,020.80. Following the transaction, the director directly owned 4,608 shares of the company’s stock, valued at approximately $1,274,757.12. The trade was a 9.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 5,472 shares of company stock valued at $1,575,109. 3.50% of the stock is owned by corporate insiders.
Institutional Trading of InterDigital
A number of large investors have recently added to or reduced their stakes in IDCC. Price T Rowe Associates Inc. MD boosted its position in shares of InterDigital by 62.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,222,111 shares of the Wireless communications provider’s stock valued at $707,477,000 after acquiring an additional 854,845 shares during the last quarter. Geode Capital Management LLC increased its position in InterDigital by 18.6% in the fourth quarter. Geode Capital Management LLC now owns 787,546 shares of the Wireless communications provider’s stock worth $251,250,000 after purchasing an additional 123,686 shares during the last quarter. Invesco Ltd. raised its stake in InterDigital by 24.8% during the fourth quarter. Invesco Ltd. now owns 450,863 shares of the Wireless communications provider’s stock valued at $143,546,000 after purchasing an additional 89,647 shares in the last quarter. Reinhart Partners LLC. lifted its position in InterDigital by 1.3% during the fourth quarter. Reinhart Partners LLC. now owns 417,639 shares of the Wireless communications provider’s stock valued at $132,973,000 after purchasing an additional 5,293 shares during the last quarter. Finally, Norges Bank bought a new position in InterDigital during the fourth quarter valued at $128,918,000. Institutional investors own 99.83% of the company’s stock.
About InterDigital
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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