Q1 EPS Estimates for InterDigital Lowered by Zacks Research

InterDigital, Inc. (NASDAQ:IDCC - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for shares of InterDigital in a research note issued to investors on Friday, April 4th. Zacks Research analyst R. Department now expects that the Wireless communications provider will earn $1.31 per share for the quarter, down from their previous forecast of $1.33. The consensus estimate for InterDigital's current full-year earnings is $9.21 per share.

InterDigital Price Performance

IDCC traded down $0.62 during trading hours on Monday, hitting $201.93. The company's stock had a trading volume of 247,188 shares, compared to its average volume of 415,277. The stock has a market cap of $5.19 billion, a price-to-earnings ratio of 16.77, a P/E/G ratio of 1.57 and a beta of 1.44. The business's 50-day moving average price is $209.65 and its 200-day moving average price is $187.83. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.02. InterDigital has a 12 month low of $95.36 and a 12 month high of $231.97.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Flagship Harbor Advisors LLC bought a new stake in shares of InterDigital during the 4th quarter worth approximately $338,000. Kovitz Investment Group Partners LLC bought a new stake in shares of InterDigital during the third quarter worth $380,000. Reinhart Partners LLC. boosted its stake in shares of InterDigital by 83.8% during the fourth quarter. Reinhart Partners LLC. now owns 360,238 shares of the Wireless communications provider's stock valued at $69,785,000 after purchasing an additional 164,223 shares during the period. Amundi boosted its stake in shares of InterDigital by 57.0% during the fourth quarter. Amundi now owns 20,897 shares of the Wireless communications provider's stock valued at $3,989,000 after purchasing an additional 7,586 shares during the period. Finally, J2 Capital Management Inc bought a new position in shares of InterDigital in the fourth quarter worth about $477,000. Hedge funds and other institutional investors own 99.83% of the company's stock.

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Insider Activity

In other news, insider Eeva K. Hakoranta sold 350 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $214.51, for a total value of $75,078.50. Following the completion of the sale, the insider now owns 30,537 shares in the company, valued at approximately $6,550,491.87. This trade represents a 1.13 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Rajesh Pankaj sold 700 shares of the company's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $185.00, for a total transaction of $129,500.00. Following the transaction, the chief technology officer now owns 52,396 shares in the company, valued at $9,693,260. The trade was a 1.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,833 shares of company stock worth $2,938,660. 2.30% of the stock is currently owned by corporate insiders.

InterDigital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This is an increase from InterDigital's previous quarterly dividend of $0.45. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.19%. InterDigital's payout ratio is 19.93%.

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.