IDT (NYSE:IDT – Get Free Report) is expected to be posting its Q2 2026 results after the market closes on Tuesday, March 10th. Analysts expect IDT to post earnings of $0.90 per share and revenue of $302.00 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, March 10, 2026 at 5:30 PM ET.
IDT (NYSE:IDT – Get Free Report) last issued its quarterly earnings results on Thursday, December 4th. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. The business had revenue of $322.75 million during the quarter, compared to analysts’ expectations of $308.00 million. IDT had a return on equity of 27.12% and a net margin of 6.53%.
IDT Price Performance
IDT stock opened at $51.56 on Friday. The stock’s fifty day moving average price is $49.92 and its two-hundred day moving average price is $52.99. IDT has a one year low of $45.35 and a one year high of $71.12. The firm has a market cap of $1.29 billion, a PE ratio of 16.01 and a beta of 0.76.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on IDT
Insider Buying and Selling
In other IDT news, CFO Marcelo Fischer sold 7,009 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $52.03, for a total transaction of $364,678.27. Following the completion of the sale, the chief financial officer directly owned 56,863 shares in the company, valued at $2,958,581.89. This represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 8,570 shares of company stock worth $446,073 in the last three months. 25.41% of the stock is owned by insiders.
Hedge Funds Weigh In On IDT
A number of institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in shares of IDT during the 3rd quarter worth $96,000. Gabelli Funds LLC bought a new position in IDT in the second quarter valued at about $239,000. State of Tennessee Department of Treasury acquired a new position in IDT during the fourth quarter worth about $268,000. Ameriprise Financial Inc. bought a new position in shares of IDT in the third quarter worth about $399,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted 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 purchasing an additional 381 shares in the last quarter. Institutional investors and hedge funds own 59.34% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than IDT
- “I just bought 10,000 shares of a $5 stock…”
- 3 Signs You May Want to Switch Financial Advisors
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- Central banks just did something they haven’t done since 1967
Receive News & Ratings for IDT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IDT and related companies with MarketBeat.com's FREE daily email newsletter.
