IDCC - InterDigital, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
72.95
+0.92 (+1.28%)
At close: 4:00PM EST

72.95 0.00 (0.00%)
After hours: 4:34PM EST

Stock chart is not supported by your current browser
Previous Close72.03
Open71.75
Bid72.52 x 800
Ask77.53 x 800
Day's Range71.60 - 73.03
52 Week Range62.34 - 85.85
Volume286,597
Avg. Volume287,303
Market Cap2.469B
Beta (3Y Monthly)1.21
PE Ratio (TTM)22.72
EPS (TTM)3.21
Earnings DateFeb 20, 2019 - Feb 25, 2019
Forward Dividend & Yield1.40 (1.99%)
Ex-Dividend Date2019-01-08
1y Target Est96.80
Trade prices are not sourced from all markets
  • Harris Secures $75 Million Order from U.S. Marine Corps
    Zacks2 days ago

    Harris Secures $75 Million Order from U.S. Marine Corps

    Harris (HRS) is investing in the development of Mobile User Objective System and related advanced waveforms to increase the capability of AN/PRC-117G radios.

  • Markit2 days ago

    See what the IHS Markit Score report has to say about InterDigital Inc.

    # InterDigital Inc ### NASDAQ/NGS:IDCC View full report here! ## Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for IDCC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $2.66 billion over the last one-month into ETFs that hold IDCC are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • 7 Stocks to Buy That Are Ready for Takeoff
    InvestorPlace6 days ago

    7 Stocks to Buy That Are Ready for Takeoff

    Goldman Sachs (NYSE:GS) believes what goes down must come up. At least that's the case for its 2019 list of 13 stocks to buy that it believes have the most potential upside in the year ahead. To make Goldman's list, a company should have solid earnings, be undervalued based on those earnings and be ready to take off. The average loss in 2018 of the 13 stocks was 38.4% with only one company -- Netflix (NASDAQ:NFLX) -- delivering a positive return. Consider this Goldman's version of the Dogs of the Dow. InvestorPlace - Stock Market News, Stock Advice & Trading Tips I liked the list of 13 stocks so much, I've decided to create my own list of stocks to buy that are ready to take off. * InvestorPlace Roundup: The Hottest Stocks in the Market Today To make my list, a company must have a market cap of $2 billion or more, an operating margin of 20% or higher, little or no debt, and a forward P/E less than 20. Oh, and if possible, it should be in the S&P 500. Source: Shutterstock ### BlackRock (BLK) BlackRock (NYSE:BLK), the world's largest asset manager, didn't have a great year in 2018, generating a total return of -21.2%, almost five times worse than the S&P 500. Asset managers as a group didn't do well in 2018, so if you own BLK shares, I wouldn't get too concerned because it's got an incredibly diverse set of revenue streams that include iShares, the world's biggest ETF provider. iShares accounted for 38% of the company's $10.9 billion in base fees in 2017 with retail providing another 31% and institutional investors the remainder. Talk about diversification. Interestingly, the Americas represents 65% of its revenue, with the Asia/Pacific region accounting for just 7% of almost $11 billion in fees. Given the growth of China and other markets in the APAC region, one can't help but with this disparity as a real opportunity for the company. Generating $3.7 billion in free cash flow over the trailing 12 months, BlackRock is trading at 16.9 times cash flow, well below its five-year average of 23.1. On top of all the financial numbers, you've Larry Fink as CEO, one of the most candid chief executives in finance. I like its chances in 2019. Source: Shutterstock ### Electronic Arts (EA) Like BlackRock, Electronic Arts (NASDAQ:EA) didn't have a great year in 2018, generating a total return of -24.9%. However, like BlackRock, its industry didn't have a great year, either, so a bounce-back year could still be in the cards. One troubling aspect of the video game industry for Electronic Arts in 2018 was the phenomenal success of "Fortnite," which allows users to download the game for free on your iPhone, Android phone and even game consoles such as Xbox and PlayStation. Free games are definitely not helping EA's stock price. However, in the case of Electronic Arts and the rest of the industry, it appears that investors have gotten ahead of themselves when it comes to the deterioration of the gaming industry. "Six months ago the market thought of Electronic Arts as a company with $6 earnings per share power, trading at 25 times earnings, [which] makes it a $150 stock," Bernstein analyst Todd Juenger wrote in December. "Now the market is thinking more like $5 EPS power, trading at 17 times, for an $85 stock." * Morgan Stanley: 7 Risky Stocks to Sell Now The risk/reward ratio seems tilted in investors' favor at the moment, with the bad news seemingly more than baked into EA stock. I like its upside in 2019. Source: Shutterstock ### Facebook (FB) If there's a stock that everyone's got an opinion on, I would guess Facebook (NASDAQ:FB) is at the top of the list. Mark Zuckerberg and company had a terrible year in 2018 from a PR perspective. The entire privacy issue putting a real damper on FB stock, which delivered a total return of -25.7% this past year. That's the company's first calendar year with a negative total return since its IPO in 2012. Not to worry. If you bought shares in Facebook's IPO and are still holding, you're up 332%, almost four times better than the S&P 500. Some experts feel Facebook is in for more pain in the year ahead. JPMorgan (NYSE:JPM) isn't one of them. It has made FB one of its top stock picks for 2019. "We view core FB as stickier than many think, with recent metrics mostly stable and our proprietary survey work showing solid engagement, while Instagram continues to grow rapidly," JPMorgan analyst Doug Anmuth wrote Jan. 8 in a note to clients. "We Expect Facebook To Climb The Wall Of Worry." So do I. Source: Shutterstock ### SVB Financial (SIVB) By far my favorite American bank stock, SVB Financial (NASDAQ:SIVB), took a step back in 2018, generating a total return of -19% -- its first year in negative territory since 2011. Of course, 2018 wasn't a good year for most banks, large or small. Warren Buffett's biggest bank holding, Wells Fargo (NYSE:WFC), lost even more, down an additional 258 basis points. Given all the problems Wells Fargo faced in 2018, a similar performance for SIVB seems like a big slight, since I consider it the better of the two California-based banks. While some analysts have lowered expectations for SIVB stock in recent weeks by cutting 12-month target prices, earnings estimates for 2019 over the past three months have improved by a dime to $20.58 a share. * 10 Stocks You Can Set and Forget (Even In This Market) At the end of December, I suggested that SIVB's net interest margin of 3.6% in 2018, significantly higher than Bank of America (NYSE:BAC), was a big reason to like it. If there's a bank stock to rebound in 2019, my bet's on SVB Financial. Source: Shutterstock ### Cimarex Energy (XEC) I'm loath to pick any oil-related stocks for this article, but it appears independent oil and gas company Cimarex Energy (NYSE:XEC) might make for a good exception. Losing almost half its value on a total-return basis in 2018, Cimarex is trading at 4.4 times cash flow and 10.2 times its forward earnings. What's to like about Cimarex besides its valuation? In November, the Denver-based company announced it would acquire Resolute Energy (NYSE:REN) for $1.6 billion including the assumption of $710 million in debt. Cimarex will pay for 60% of the acquisition cost ($900 million plus the debt) with stock and cash for the remainder. "It is a perfect fit with our existing Reeves County position and will allow us to leverage our knowledge and deliver superior results over a broader asset base for the benefit of both Cimarex and Resolute shareholders," stated Cimarex CEO Thomas Jorden on Nov. 19. "The Resolute assets are expected to generate free cash flow in 2019, basically funding any additional development capital from the start." Through the first nine months of fiscal 2018, Cimarex had $476 million in revenue, 49% higher than in the same period a year earlier. On the bottom line, its adjusted earnings per share were $5.39, 69% higher than a year earlier. If you're looking for a mid-cap oil and gas stock to buy in 2019, Cimarex ought to be at the top of your list. Source: Shutterstock ### InterDigital (IDCC) InterDigital (NASDAQ:IDCC) is the first of two companies not in the S&P 500 that I've included in my list of stocks to buy that are ready to take off in 2019. IDCC owns a global portfolio of wireless technology patents that it licenses to other manufacturers. I'll be the first to admit that when it comes to the tech industry, I'm a relative beginner beyond the basics, so I won't be giving you an in-depth examination why InterDigital's wireless and video technology patents are the best in the industry. What I can say is that in the first nine months of 2018, IDCC had free cash flow (FCF) of $151 million, more than double the $71 million in FCF in 2017. In addition to the significant increase in free cash, InterDigital's recurring revenue in Q3 2018 was $75 million, 11% higher than in the second quarter of 2018. On the bottom line, it had net income of $20.1 million, more than double its net income in Q2 2018. What's exciting about InterDigital from a non-tech viewpoint is the company's $29.73 in cash per share it has on its balance sheet. At current prices, IDCC is trading at just 2.3 times cash. * The 7 Best Stocks in the Entrepreneur Index With InterDigital yielding 2% and expecting good things from the move to 5G, IDCC stock is a good stock to buy to get some income in the short term and capital appreciation in the long term when some of its patents start to pay dividends from licensing, etc. This is definitely a company I want to get to know better. Source: Stiller Beobachter via Flickr ### Louisiana-Pacific (LPX) Louisiana-Pacific (NYSE:LPX) is a leading manufacturer of engineered-wood building products with 23 plants in the U.S., Canada, Chile, and Brazil. Like most manufacturers that rely on the housing industry, business is great when new homes are getting built and existing owners are renovating their homes to boost the potential sale price down the road. In times when the housing market hits the skids, like 2008, companies like Louisiana-Pacific go through a rough patch. Toward the end of 2018, cracks in the red-hot housing market started to reveal themselves, sending stocks of homebuilders for a big decline. That trickles down to the suppliers of the homebuilders like LP, which lost 13.4% in 2018, with much of it in the last three months of the year. That said, there's nothing more valuable than a person's home, making Louisiana-Pacific's engineered wood an important commodity. Currently trading at 5.9 times cash flow, one-third the S&P 500, LPX is a value stock that with a 2.2% yield and an operating margin that's better than it's ever been. Sure, there's a chance that the housing market will continue to slow, but there's an equal possibility that demand keeps going higher. Besides, with $633 million or $4.40 a share in net cash on the balance sheet, this is a very stable stock to buy for 2019 and the long haul. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post 7 Stocks to Buy That Are Ready for Takeoff appeared first on InvestorPlace.

  • Markit8 days ago

    See what the IHS Markit Score report has to say about InterDigital Inc.

    # InterDigital Inc ### NASDAQ/NGS:IDCC View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for IDCC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding IDCC is favorable, with net inflows of $5.07 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Huawei sues U.S. firm InterDigital in China over patent practices
    Reuters10 days ago

    Huawei sues U.S. firm InterDigital in China over patent practices

    By Jan Wolfe (Reuters) - InterDigital Inc on Monday said Huawei Technologies Co Ltd filed a lawsuit against it in China, alleging the U.S. technology firm had not licensed its intellectual property on ...

  • Huawei sues U.S. firm InterDigital in China over patent practices
    Reuters10 days ago

    Huawei sues U.S. firm InterDigital in China over patent practices

    InterDigital Inc on Monday said Huawei Technologies Co Ltd filed a lawsuit against it in China, alleging the U.S. technology firm had not licensed its intellectual property on fair terms. The lawsuit, ...

  • GlobeNewswire24 days ago

    InterDigital Extends Term of Joint Venture and Enters Into Patent License Agreement With Sony Corporation of America

    InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced the expansion and extension of the business partnerships that exist between the company and Sony Corporation of America. The companies agreed to extend the term of the Convida Wireless joint venture, launched in 2013, and sharpen its focus on 5G, including IoT and infrastructure research. The new agreement also sees Sony invest in Chordant®, InterDigital’s IoT platform business.

  • Hedge Funds Are Crazy About InterDigital, Inc. (IDCC)
    Insider Monkeylast month

    Hedge Funds Are Crazy About InterDigital, Inc. (IDCC)

    The elite funds run by legendary investors such as Dan Loeb and David Tepper make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don’t follow. Because of their pay structures, they have strong incentive to do the research necessary […]

  • GlobeNewswirelast month

    IEEE Recognizes Contributions of Two InterDigital Engineers With Board Seat, Best Paper Award

    WILMINGTON, Del., Dec. 18, 2018 -- The contributions of two engineers from InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, were.

  • Simply Wall St.last month

    Why InterDigital, Inc. (NASDAQ:IDCC) Could Be Worth Watching

    InterDigital, Inc. (NASDAQ:IDCC), which is in the communications business, and is based in United States, saw significant share price movement during recent months on the NasdaqGS, rising to highs of Read More...

  • Zackslast month

    Telecom Stock Roundup: Qualcomm Wins Patent, Verizon's Oath Write Off & More

    The U.S. lawmakers are reportedly advancing a bill to ban the sale of components by local companies to Chinese telecom firms that violate sanctions.

  • See what the IHS Markit Score report has to say about InterDigital Inc.
    Markitlast month

    See what the IHS Markit Score report has to say about InterDigital Inc.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.

  • Zackslast month

    InterDigital Issues Q4 Revenue Guidance, Announces Dividend

    InterDigital's (IDCC) board of directors approves a $100 million hike to its existing share repurchase program, authorizing it to buy back $600 million of its shares.

  • See what the IHS Markit Score report has to say about InterDigital Inc.
    Markitlast month

    See what the IHS Markit Score report has to say about InterDigital Inc.

    Index (PMI) data, output in the Technology sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.

  • GlobeNewswirelast month

    InterDigital Announces Buyback Authorization Increase and Revenue Guidance for Fourth Quarter 2018, Declares Regular Dividend

    InterDigital, Inc. (IDCC), a mobile technology research and development company, today issued revenue guidance for fourth quarter 2018 and announced that its Board of Directors has declared a regular quarterly cash dividend and authorized an increase to the company’s existing share repurchase authorization. The company expects total fourth quarter 2018 revenue to be between $70 million and $76 million.  This range includes approximately $1 million of non-recurring revenue. Under the accounting rules in effect prior to the company’s adoption of ASC 606, the company’s expected fourth quarter 2018 total revenue range would have been between $92 million and $96 million, again including approximately $1 million of non-recurring revenue.

  • See what the IHS Markit Score report has to say about InterDigital Inc.
    Markitlast month

    See what the IHS Markit Score report has to say about InterDigital Inc.

    Index (PMI) data, output in the Technology sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.

  • See what the IHS Markit Score report has to say about InterDigital Inc.
    Markitlast month

    See what the IHS Markit Score report has to say about InterDigital Inc.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.

  • Why Is InterDigital (IDCC) Up 1.6% Since Last Earnings Report?
    Zacks2 months ago

    Why Is InterDigital (IDCC) Up 1.6% Since Last Earnings Report?

    InterDigital (IDCC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • See what the IHS Markit Score report has to say about InterDigital Inc.
    Markit2 months ago

    See what the IHS Markit Score report has to say about InterDigital Inc.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.

  • GlobeNewswire2 months ago

    Heavy Reading: as Wireless Network Operators Set Sights on Looming 5G Service Launch, Long-Term Potential Still Yet to be Defined

    Commercial service providers (CSPs) are bullish on imminent 5G service launches, even if future 5G offerings remain unclear, according to a global survey, commissioned by InterDigital, Inc. (IDCC), a mobile technology research and development company.  The study, conducted by Heavy Reading, found that there is a “striking difference” between how the U.S. and the rest-of-world (RoW) view both short and long-term business opportunities associated with the next generation of wireless standards. A November 29th webinar, 5G Expectations with a Global Twist, will explore these different points of view and the opportunities presented by evolving 5G standards to deliver new services and connected experiences for businesses, consumers and society.   A new white paper, 5G Deployment & Service Strategies: An Operator Survey, takes a closer look at both near- and long-term business opportunities identified by CSPs worldwide.

  • Is InterDigital Inc’s (NASDAQ:IDCC) P/E Ratio Really That Good?
    Simply Wall St.2 months ago

    Is InterDigital Inc’s (NASDAQ:IDCC) P/E Ratio Really That Good?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We’ll look at InterDigital Inc’s (NASDAQ:IDCC) P/E ratio and reflect on Read More...

  • InterDigital Supports Cloud Native Deployment for 5G Network
    Zacks2 months ago

    InterDigital Supports Cloud Native Deployment for 5G Network

    InterDigital (IDCC) validates the effectiveness of 3GPP enhanced service-based architecture combined with the ETSI NFV lifecycle management system.

  • GlobeNewswire2 months ago

    InterDigital Advances Cloud Native Deployment for Future 5G Wireless Service Delivery

    At the recent Next Generation Mobile Networks (NGMN) Industry Conference and Exhibition, InterDigital, Inc. (IDCC), a mobile technology research and development company, validated a fundamental building block for operators to deliver future 5G wireless services.   InterDigital demonstrated a new service framework that will enable operators to move to a cloud-native deployment of mobile networks while allowing for vertical, industrial use cases to be realized as pure cloud-based applications.

  • See what the IHS Markit Score report has to say about InterDigital Inc.
    Markit2 months ago

    See what the IHS Markit Score report has to say about InterDigital Inc.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Technology sector is rising.

  • GlobeNewswire2 months ago

    InterDigital and 5G-CORAL Consortium Complete Their First Trial of Integrated Fog and Edge Virtualized Radio Access Network

    Demos in Taipei Shopping Mall Feature Multi-Tier Fog and Edge Equipment and Flexible Deployment to Power AR/VR, Robotics, and other 5G Use Cases; Trial Paves Way for More.