InterDigital, Inc. (NASDAQ:IDCC – Free Report) – Zacks Research decreased their Q4 2026 earnings estimates for shares of InterDigital in a research note issued to investors on Monday, December 22nd. Zacks Research analyst Team now forecasts that the Wireless communications provider will post earnings of $1.23 per share for the quarter, down from their prior forecast of $1.29. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for InterDigital’s current full-year earnings is $9.21 per share. Zacks Research also issued estimates for InterDigital’s Q1 2027 earnings at $1.93 EPS, Q3 2027 earnings at $2.01 EPS and FY2027 earnings at $7.94 EPS.
InterDigital (NASDAQ:IDCC – Get Free Report) last released its earnings results on Thursday, October 30th. The Wireless communications provider reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.14. The firm had revenue of $164.68 million during the quarter, compared to analyst estimates of $153.43 million. InterDigital had a net margin of 53.50% and a return on equity of 51.89%. The business’s revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the business earned $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.
InterDigital Trading Down 0.8%
Shares of NASDAQ IDCC opened at $331.87 on Tuesday. InterDigital has a fifty-two week low of $169.58 and a fifty-two week high of $412.60. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.89 and a current ratio of 1.89. The company has a market cap of $8.55 billion, a price-to-earnings ratio of 22.39 and a beta of 1.54. The business’s 50 day moving average price is $358.17 and its 200-day moving average price is $301.05.
InterDigital Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $2.80 dividend on an annualized basis and a yield of 0.8%. InterDigital’s dividend payout ratio (DPR) is presently 18.89%.
Insider Buying and Selling at InterDigital
In other InterDigital news, insider Joshua D. Schmidt sold 466 shares of the business’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $395.63, for a total value of $184,363.58. Following the completion of the transaction, the insider directly owned 27,928 shares in the company, valued at approximately $11,049,154.64. The trade was a 1.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John A. Kritzmacher sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $357.37, for a total transaction of $446,712.50. Following the completion of the sale, the director owned 17,065 shares in the company, valued at $6,098,519.05. This represents a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,216 shares of company stock worth $2,228,529 over the last quarter. Insiders own 2.30% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. raised its stake in InterDigital by 17.6% in the first quarter. Russell Investments Group Ltd. now owns 3,449 shares of the Wireless communications provider’s stock valued at $715,000 after buying an additional 517 shares during the last quarter. Wellington Management Group LLP raised its position in shares of InterDigital by 323.0% in the 1st quarter. Wellington Management Group LLP now owns 31,466 shares of the Wireless communications provider’s stock valued at $6,506,000 after purchasing an additional 24,027 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of InterDigital by 19.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 358,843 shares of the Wireless communications provider’s stock valued at $74,191,000 after purchasing an additional 59,517 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in InterDigital by 71.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,720 shares of the Wireless communications provider’s stock worth $562,000 after purchasing an additional 1,137 shares in the last quarter. Finally, Ieq Capital LLC purchased a new stake in InterDigital during the 1st quarter worth approximately $210,000. 99.83% of the stock is currently owned by hedge funds and other institutional investors.
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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