InterDigital (NASDAQ:IDCC) Issues FY 2025 Earnings Guidance

InterDigital (NASDAQ:IDCC - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 9.690-12.920 for the period, compared to the consensus earnings per share estimate of 11.780. The company issued revenue guidance of $660.0 million-$760.0 million, compared to the consensus revenue estimate of $860.0 million. InterDigital also updated its Q1 2025 guidance to 1.190-1.420 EPS.

Analyst Ratings Changes

Separately, StockNews.com lowered InterDigital from a "buy" rating to a "hold" rating in a research note on Monday, November 4th.

InterDigital Trading Up 1.3 %

IDCC stock traded up $2.66 on Monday, hitting $207.05. 498,589 shares of the company were exchanged, compared to its average volume of 397,242. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.70 and a quick ratio of 1.62. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 17.20, a price-to-earnings-growth ratio of 2.41 and a beta of 1.44. InterDigital has a twelve month low of $95.33 and a twelve month high of $213.38. The business's fifty day moving average is $188.74 and its two-hundred day moving average is $163.43.

InterDigital Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.16%. This is an increase from InterDigital's previous quarterly dividend of $0.45. The ex-dividend date is Wednesday, April 9th. InterDigital's dividend payout ratio is presently 14.95%.

Insider Activity at InterDigital

In other InterDigital news, CTO Rajesh Pankaj sold 700 shares of the firm's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $204.13, for a total value of $142,891.00. Following the transaction, the chief technology officer now directly owns 52,997 shares of the company's stock, valued at $10,818,277.61. This trade represents a 1.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Joshua D. Schmidt sold 140 shares of the company's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $182.19, for a total value of $25,506.60. Following the completion of the sale, the insider now directly owns 24,138 shares of the company's stock, valued at $4,397,702.22. The trade was a 0.58 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,322 shares of company stock worth $2,562,751. 2.30% of the stock is owned by insiders.

About InterDigital

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.