Adeia (ADEA) to Release Earnings on Monday

Adeia (NASDAQ:ADEA) is projected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce 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 quarterly earnings results on Tuesday, February 18th. The company reported $0.42 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.42. Adeia had a return on equity of 32.81% and a net margin of 17.19%. The firm had revenue of $119.17 million for the quarter, compared to analyst estimates of $114.22 million. During the same period in the previous year, the company posted $0.27 earnings per share.

Adeia Price Performance

Shares of ADEA stock opened at $12.61 on Friday. Adeia has a 12 month low of $9.68 and a 12 month high of $17.46. The company has a market capitalization of $1.37 billion, a P/E ratio of 22.12 and a beta of 1.47. The stock has a 50 day moving average of $13.17 and a two-hundred day moving average of $13.18. The company has a current ratio of 3.53, a quick ratio of 3.53 and a debt-to-equity ratio of 1.15.

Adeia Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ADEA shares. Rosenblatt Securities restated a “buy” rating and issued a $20.00 price objective on shares of Adeia in a research note on Friday, February 28th. BWS Financial reissued a “buy” rating and set a $18.00 price objective on shares of Adeia in a report on Tuesday, April 15th. Finally, Maxim Group upped their target price on shares of 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.