InterDigital (IDCC) Projected to Post Earnings on Thursday

InterDigital (NASDAQ:IDCC - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $2.53 per share and revenue of $176.62 million for the quarter.

InterDigital Stock Up 2.8 %

NASDAQ IDCC traded up $5.47 during trading on Tuesday, reaching $200.03. The company's stock had a trading volume of 35,548 shares, compared to its average volume of 407,873. InterDigital has a 1-year low of $97.51 and a 1-year high of $231.97. The business has a 50-day moving average price of $206.06 and a 200-day moving average price of $191.82. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $5.14 billion, a PE ratio of 16.52, a PEG ratio of 1.57 and a beta of 1.44.

InterDigital Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 9th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.20%. This is a positive change from InterDigital's previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Wednesday, April 9th. InterDigital's dividend payout ratio (DPR) is currently 19.93%.

Insiders Place Their Bets

In other InterDigital news, insider Eeva K. Hakoranta sold 350 shares of InterDigital stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $214.51, for a total value of $75,078.50. Following the sale, the insider now owns 30,537 shares of the company's stock, valued at $6,550,491.87. This trade represents a 1.13 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Rajesh Pankaj sold 700 shares of the firm's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $218.08, for a total transaction of $152,656.00. Following the completion of the transaction, the chief technology officer now directly owns 71,606 shares of the company's stock, valued at $15,615,836.48. This represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,833 shares of company stock valued at $2,938,660 in the last 90 days. 2.30% of the stock is currently owned by insiders.

InterDigital Company Profile

InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.