InterDigital (NASDAQ:IDCC) Updates FY 2025 Earnings Guidance

InterDigital (NASDAQ:IDCCGet Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 9.690-12.920 for the period, compared to the consensus EPS 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.

InterDigital Trading Down 3.5 %

InterDigital stock traded down $7.40 during mid-day trading on Friday, reaching $204.39. 625,929 shares of the company traded hands, compared to its average volume of 357,543. The firm’s 50 day moving average price is $188.74 and its 200 day moving average price is $162.86. InterDigital has a 52-week low of $95.33 and a 52-week high of $213.38. 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 firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of 16.98, a P/E/G ratio of 2.41 and a beta of 1.44.

InterDigital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 9th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Wednesday, April 9th. This is a positive change from InterDigital’s previous quarterly dividend of $0.45. This represents a $2.40 dividend on an annualized basis and a yield of 1.17%. InterDigital’s payout ratio is currently 14.95%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered InterDigital from a “buy” rating to a “hold” rating in a report on Monday, November 4th.

Read Our Latest Analysis on InterDigital

Insider Activity at InterDigital

In other InterDigital news, insider Joshua D. Schmidt sold 140 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $182.19, for a total transaction of $25,506.60. Following the completion of the sale, the insider now owns 24,138 shares of the company’s stock, valued at approximately $4,397,702.22. The trade was a 0.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Lawrence Liren Chen sold 5,891 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $195.34, for a total value of $1,150,747.94. Following the completion of the transaction, the chief executive officer now directly owns 164,543 shares in the company, valued at $32,141,829.62. This trade represents a 3.46 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,322 shares of company stock worth $2,562,751. 2.30% of the stock is owned by company insiders.

InterDigital Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for InterDigital (NASDAQ:IDCC)

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