Universal Display (OLED) Stock Price, News & Analysis

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Display in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" OLED shares.
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7 equities research analysts have issued 1 year price objectives for Universal Display's shares. Their OLED share price targets range from $176.00 to $250.00. On average, they anticipate the company's stock price to reach $199.86 in the next twelve months. This suggests a possible upside of 25.2% from the stock's current price.
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Universal Display's stock was trading at $191.26 on January 1st, 2024. Since then, OLED shares have decreased by 16.6% and is now trading at $159.60.
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Universal Display saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 908,500 shares, a decrease of 22.4% from the March 15th total of 1,170,000 shares. Based on an average trading volume of 283,500 shares, the short-interest ratio is currently 3.2 days. Approximately 2.1% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our OLED earnings forecast.

Universal Display Co. (NASDAQ:OLED) issued its quarterly earnings data on Thursday, February, 22nd. The semiconductor company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.18 by $0.11. The semiconductor company had revenue of $158.32 million for the quarter, compared to analysts' expectations of $161.08 million. Universal Display had a net margin of 35.22% and a trailing twelve-month return on equity of 14.85%. The business's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.36 earnings per share.

Universal Display declared a quarterly dividend on Tuesday, February 20th. Shareholders of record on Friday, March 15th will be given a dividend of $0.40 per share on Friday, March 29th. This represents a $1.60 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for OLED.

Universal Display (NASDAQ:OLED) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.00%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OLED will have a dividend payout ratio of 29.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OLED.

ETFs with the largest weight of Universal Display (NASDAQ:OLED) stock in their portfolio include iShares Breakthrough Environmental Solutions ETF (ETEC), ProShares Smart Materials ETF (TINT), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), SPDR S&P Semiconductor ETF (XSD), ProShares Metaverse ETF (VERS), Invesco WilderHill Clean Energy ETF (PBW), Blue Horizon BNE ETF (BNE) and Harbor Small Cap Explorer ETF (QWST).

Universal Display issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $625.0 million-$675.0 million, compared to the consensus revenue estimate of $666.2 million.

7 employees have rated Universal Display Chief Executive Officer Steven V. Abramson on Glassdoor.com. Steven V. Abramson has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Display investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), PayPal (PYPL), Adobe (ADBE), Netflix (NFLX), Block (SQ), Advanced Micro Devices (AMD) and Broadcom (AVGO).

Universal Display's stock is owned by many different retail and institutional investors. Top institutional investors include Portman Square Capital LLP (0.00%), Red Spruce Capital LLC (0.02%), Cardinal Capital Management (0.02%) and Leibman Financial Services Inc. (0.01%). Insiders that own company stock include Julia J Brown, Lawrence Lacerte, Mauro Premutico, Richard C Elias and Sidney D Rosenblatt.
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Shares of OLED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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