Adeia (ADEA) Expected to Announce Earnings on Monday

Adeia (NASDAQ:ADEA) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect Adeia to post earnings of $0.26 per share and revenue of $88.96 million for the quarter. Adeia has set its FY 2025 guidance at EPS.

Adeia (NASDAQ:ADEA) last issued its earnings results on Tuesday, February 18th. The company reported $0.42 EPS for the quarter, meeting the consensus estimate of $0.42. The business had revenue of $119.17 million for the quarter, compared to the consensus estimate of $114.22 million. Adeia had a return on equity of 32.81% and a net margin of 17.19%. During the same period last year, the business posted $0.27 EPS.

Adeia Stock Performance

Shares of NASDAQ ADEA opened at $12.61 on Friday. The firm’s 50-day moving average price is $13.17 and its 200-day moving average price is $13.17. Adeia has a 52-week low of $9.68 and a 52-week high of $17.46. The company has a market cap of $1.37 billion, a PE ratio of 22.12 and a beta of 1.47. The company has a quick ratio of 3.53, a current ratio of 3.53 and a debt-to-equity ratio of 1.15.

Adeia Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 10th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.59%. The ex-dividend date was Monday, March 10th. Adeia’s payout ratio is currently 35.09%.

Analysts Set New Price Targets

ADEA has been the subject of several recent research reports. BWS Financial restated a “buy” rating and set a $18.00 target price on shares of Adeia in a research report on Tuesday, April 15th. Rosenblatt Securities reissued a “buy” rating and set a $20.00 price objective on shares of Adeia in a research report on Friday, February 28th. Finally, Maxim Group raised their target price on Adeia from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, February 19th.

About Adeia

Adeia Inc, together with its subsidiaries, operates as a media and semiconductor intellectual property licensing company in the United States, Canada, Asia, Europe, the Middle East, and internationally. The company licenses its patent portfolios across various markets, including multichannel video programming distributors comprising cable, satellite, and telecommunications television providers that aggregate and distribute linear content over networks, as well as television providers that aggregate and stream linear content over broadband networks; over-the-top video service providers and social media companies, such as subscription video-on-demand and advertising-supported streaming service providers, as well as content providers, networks, and media companies.