IDT (NYSE:IDT – Get Free Report) is expected to be announcing its Q2 2026 results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $0.90 per share and revenue of $302.00 million for the quarter. Investors can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, March 10, 2026 at 5:30 PM ET.
IDT (NYSE:IDT – Get Free Report) last announced its earnings results on Thursday, December 4th. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. The company had revenue of $322.75 million for the quarter, compared to the consensus estimate of $308.00 million. IDT had a net margin of 6.53% and a return on equity of 27.12%.
IDT Stock Up 2.9%
Shares of IDT stock opened at $50.61 on Thursday. IDT has a 12 month low of $45.07 and a 12 month high of $71.12. The stock has a market cap of $1.27 billion, a PE ratio of 15.72 and a beta of 0.80. The business has a fifty day simple moving average of $49.93 and a 200-day simple moving average of $53.49.
IDT Announces Dividend
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of IDT in a report on Monday, December 29th. Wall Street Zen raised shares of IDT from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, IDT has a consensus rating of “Hold”.
View Our Latest Stock Report on IDT
Insider Activity at IDT
In related news, CFO Marcelo Fischer sold 920 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $52.04, for a total value of $47,876.80. Following the completion of the sale, the chief financial officer owned 55,943 shares of the company’s stock, valued at approximately $2,911,273.72. The trade was a 1.62% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders sold 8,570 shares of company stock valued at $446,073. Insiders own 25.41% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in IDT. Geode Capital Management LLC boosted its position in IDT by 22.1% during the fourth quarter. Geode Capital Management LLC now owns 559,849 shares of the utilities provider’s stock worth $28,675,000 after purchasing an additional 101,268 shares during the period. Marshall Wace LLP lifted its stake in shares of IDT by 1,436.4% in the second quarter. Marshall Wace LLP now owns 94,674 shares of the utilities provider’s stock worth $6,468,000 after buying an additional 88,512 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of IDT by 392.6% during the 1st quarter. Millennium Management LLC now owns 163,830 shares of the utilities provider’s stock worth $8,406,000 after buying an additional 130,569 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of IDT by 310.8% during the 2nd quarter. Lazard Asset Management LLC now owns 53,340 shares of the utilities provider’s stock worth $3,643,000 after buying an additional 40,357 shares during the period. Finally, AQR Capital Management LLC grew its stake in IDT by 40.2% in the 1st quarter. AQR Capital Management LLC now owns 58,197 shares of the utilities provider’s stock valued at $2,986,000 after buying an additional 16,678 shares during the last quarter. Institutional investors and hedge funds own 59.34% of the company’s stock.
About IDT
IDT Corporation, founded in 1990 and headquartered in Newark, New Jersey, is a diversified global provider of telecommunications and payment services. The company operates through its primary communications arm, IDT Telecom, and a digital solutions segment that encompasses cross-border money transfers and related fintech offerings. Since its inception, IDT has built an international network infrastructure to support voice and data transmission across more than 200 countries and territories.
Through IDT Telecom, the company offers a suite of voice communication products, including prepaid phone cards, VoIP services, SIP trunking and operator-assisted calling.
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