CDW (CDW) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CDW shares.
View CDW analyst ratings or view top-rated stocks.

7 brokers have issued 12 month price targets for CDW's shares. Their CDW share price targets range from $185.00 to $300.00. On average, they anticipate the company's share price to reach $242.67 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price.
View analysts price targets for CDW or view top-rated stocks among Wall Street analysts.

CDW's stock was trading at $227.32 at the beginning of the year. Since then, CDW shares have increased by 3.6% and is now trading at $235.47.
View the best growth stocks for 2024 here.

CDW saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,030,000 shares, an increase of 14.3% from the March 15th total of 2,650,000 shares. Based on an average daily trading volume, of 696,800 shares, the short-interest ratio is presently 4.3 days. Approximately 2.3% of the shares of the stock are short sold.
View CDW's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CDW earnings forecast.

CDW will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

CDW Co. (NASDAQ:CDW) posted its quarterly earnings results on Wednesday, February, 7th. The information technology services provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.01. The information technology services provider had revenue of $5.02 billion for the quarter, compared to analysts' expectations of $5.32 billion. CDW had a net margin of 5.17% and a trailing twelve-month return on equity of 73.93%. The firm's quarterly revenue was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.40 earnings per share.
Read the conference call transcript.

CDW announced a quarterly dividend on Friday, February 23rd. Shareholders of record on Monday, February 26th will be given a dividend of $0.62 per share on Tuesday, March 12th. This represents a $2.48 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Friday, February 23rd.
Read our dividend analysis for CDW.

CDW (NASDAQ:CDW) pays an annual dividend of $2.48 per share and currently has a dividend yield of 1.05%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 23.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CDW.

ETFs with the largest weight of CDW (NASDAQ:CDW) stock in their portfolio include Argent Mid Cap ETF (AMID), ProShares S&P Technology Dividend Aristocrats ETF (TDV), First Trust NASDAQ 100 Technology Index Fund (QTEC), Invesco NASDAQ Next Gen 100 ETF (QQQJ), Invesco Bloomberg MVP Multi-factor ETF (PWC), Victoryshares Dividend Accelerator ETF (VSDA), Harbor Dividend Growth Leaders ETF (GDIV) and Natixis Vaughan Nelson Mid Cap ETF (VNMC).

CDW declared that its board has authorized a share repurchase plan on Wednesday, February 7th 2024, which allows the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Based on aggregate information from My MarketBeat watchlists, some companies that other CDW investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Accenture (ACN), Athabasca Oil (ATH), Intel (INTC), Zoetis (ZTS) and AutoZone (AZO).

CDW's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.26%), Pensioenfonds Rail & OV (0.13%), Atwood & Palmer Inc. (0.12%), Vaughan Nelson Investment Management L.P. (0.10%), Gateway Investment Advisers LLC (0.09%) and Portman Square Capital LLP (0.00%). Insiders that own company stock include Albert Joseph Miralles Jr, Christina M Corley, Christina M Corley, Christine A Leahy, Donna F Zarcone and Frederick J Kulevich.
View institutional ownership trends.

Shares of CDW 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.
Compare Top Brokerages Here.