Q1 2025 EPS Estimates for InterDigital, Inc. (NASDAQ:IDCC) Increased by Analyst

InterDigital, Inc. (NASDAQ:IDCC) – Investment analysts at Zacks Research boosted their Q1 2025 EPS estimates for InterDigital in a report issued on Thursday, April 18th. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will earn $1.09 per share for the quarter, up from their previous estimate of $1.04. The consensus estimate for InterDigital’s current full-year earnings is $7.13 per share. Zacks Research also issued estimates for InterDigital’s Q4 2025 earnings at $1.40 EPS and Q1 2026 earnings at $1.09 EPS.

InterDigital (NASDAQ:IDCC) last announced its earnings results on Thursday, February 15th. The Wireless communications provider reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.16. InterDigital had a net margin of 38.95% and a return on equity of 37.77%. The business had revenue of $105.52 million for the quarter, compared to the consensus estimate of $104.31 million.

Other research analysts also recently issued reports about the stock. Bank of America reissued an “underperform” rating and set a $100.00 price target (down from $140.00) on shares of InterDigital in a research note on Monday, April 1st. StockNews.com lowered InterDigital from a “buy” rating to a “hold” rating in a research report on Tuesday, March 19th.

InterDigital Trading Up 1.0 %

Shares of IDCC stock opened at $96.63 on Friday. The business has a 50-day moving average price of $103.69 and a two-hundred day moving average price of $99.37. The firm has a market cap of $2.46 billion, a P/E ratio of 12.88, a price-to-earnings-growth ratio of 0.77 and a beta of 1.34. InterDigital has a 12-month low of $66.82 and a 12-month high of $119.86. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.05.

InterDigital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Investors of record on Wednesday, April 10th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.66%. The ex-dividend date of this dividend is Tuesday, April 9th. InterDigital’s dividend payout ratio is currently 21.33%.

Insider Buying and Selling

In other news, CTO Rajesh Pankaj sold 650 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $95.33, for a total value of $61,964.50. Following the completion of the transaction, the chief technology officer now owns 64,939 shares in the company, valued at approximately $6,190,634.87. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CTO Rajesh Pankaj sold 650 shares of the company’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $95.33, for a total value of $61,964.50. Following the sale, the chief technology officer now directly owns 64,939 shares of the company’s stock, valued at approximately $6,190,634.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eeva K. Hakoranta sold 699 shares of the stock in a transaction dated Wednesday, April 3rd. The stock was sold at an average price of $95.77, for a total transaction of $66,943.23. Following the completion of the transaction, the insider now owns 29,984 shares of the company’s stock, valued at $2,871,567.68. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Hedge Funds Weigh In On InterDigital

A number of hedge funds have recently bought and sold shares of IDCC. Riverwater Partners LLC lifted its position in InterDigital by 0.7% during the fourth quarter. Riverwater Partners LLC now owns 13,555 shares of the Wireless communications provider’s stock valued at $1,471,000 after purchasing an additional 96 shares during the period. Quadrant Capital Group LLC grew its holdings in shares of InterDigital by 11.6% in the fourth quarter. Quadrant Capital Group LLC now owns 990 shares of the Wireless communications provider’s stock worth $107,000 after acquiring an additional 103 shares during the period. Parkside Financial Bank & Trust increased its position in InterDigital by 12.2% during the third quarter. Parkside Financial Bank & Trust now owns 1,047 shares of the Wireless communications provider’s stock valued at $84,000 after acquiring an additional 114 shares during the last quarter. AlphaMark Advisors LLC boosted its position in InterDigital by 4.3% in the fourth quarter. AlphaMark Advisors LLC now owns 3,038 shares of the Wireless communications provider’s stock worth $330,000 after purchasing an additional 125 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its holdings in shares of InterDigital by 12.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,280 shares of the Wireless communications provider’s stock worth $104,000 after buying an additional 143 shares during the last quarter. Institutional investors own 99.83% of the company’s stock.

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.