CDW Increases Annual Cash Dividend to $0.43
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Solid Cost Controls Resulted in CDW's (CDW) 3Q EPS Beat; Raymond James Reiterates Outperform
November 5, 2015 8:51 AM ESTRaymond James reiterated an Outperform rating on CDW Corporation (NASDAQ: CDW), and raised the price target to $50.00 (from $48.00), following the company's 3Q earnings report. Solid cost controls resulted in CDW reporting EPS of $0.84, beating consensus of $0.80. Education sales were temporarily inhibited by e-rate funding delays, but this should recover over the next few quarters.
Analyst Brian Alexander commented,... More
CDW (CDW) Remains On Track For Kelway Acquisition; Needham & Company Raises Price Target to $50
November 5, 2015 8:25 AM ESTNeedham & Company reiterated a Buy rating on CDW Corporation (NASDAQ: CDW), and raised the price target to $50.00 (from $44.00), following the company's 3Q earnings results. CDW reported 3Q results of $3.5B in revenue, $282.1M in Adjusted EBITDA, and $0.84 in non-GAAP EPS, in-line vs. Street expectations for $3.6B/... More
RBC Capital Raises Price Target on CDW (CDW) Following Mixed 3Q Results
November 4, 2015 1:48 PM ESTRBC Capital reiterated an Outperform rating on CDW Corporation (NASDAQ: CDW), and raised the price target to $51.00 (from $46.00), following the company's 3Q15 earnings report. CDW reported mixed results, with revenue and EPS of $3.50B/ $0.84 vs. consensus of $3.62B/$0.80.
Analyst Amit Daryanani commented, "CDW reported... More
Baird Remains Neutral on CDW (CDW) Following Solid 3Q Results
November 4, 2015 1:10 PM ESTBaird reiterated a Neutral rating on CDW Corporation (NASDAQ: CDW), and raised that the price target to $50.00 (from $42.00), following the company's 3Q earnings report. CDW reported revenue and non-GAAP EPS of $3.5 billion and $0.84 versus consensus of $3.62 billion and $0.80.
Analyst Jayson Noland commented,... More
CDW (CDW) Raises Quarterly Dividend 59.3% to $0.1075; 1% Yield
November 4, 2015 7:07 AM ESTCDW (NASDAQ: CDW) declared a quarterly dividend of $0.1075 per share, or $0.43 annualized. This is a 59.3% increase from the prior dividend of $0.0675.
The dividend will be payable on December 10, 2015, to stockholders of record on November 25, 2015, with an ex-dividend date of November 23,... More
