Acacia Research Corporation (ACTG)
| Market Cap | 433.29M |
| Revenue (ttm) | 165.78M |
| Net Income (ttm) | 48.22M |
| Shares Out | 97.37M |
| EPS (ttm) | 0.39 |
| PE Ratio | 11.41 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 282,716 |
| Open | 4.430 |
| Previous Close | 4.420 |
| Day's Range | 4.400 - 4.480 |
| 52-Week Range | 3.580 - 5.740 |
| Beta | 0.53 |
| Analysts | Strong Buy |
| Price Target | 7.00 (+57.3%) |
| Earnings Date | Nov 12, 2024 |
About ACTG
Acacia Research Corporation focuses on acquiring and managing companies across technology, energy, and industrials verticals. The company operates through three segments, Intellectual Property Operations, Industrial Operations, and Energy Operations. The Intellectual Property Operations segment invests in IP and related absolute return assets; and engages in the licensing and enforcement of patented technologies. The Industrial Operations segment designs and manufactures printers and consumable products for various industrial printing applicati... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ACTG stock is "Strong Buy" and the 12-month stock price forecast is $7.0.
News
Acacia Research Corporation (ACTG) Q3 2024 Earnings Call Transcript
Acacia Research Corporation (NASDAQ:ACTG) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Brent Anderson - Managing Director-Gagnier Communications MJ McNulty - Chi...
Acacia Research Reports Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, today re...
Acacia Research: Stepping Up Its Pace Of Acquisitions
For quite a while before its recapitalization was completed in July 2023, Acacia did not announce engagement in any new investments. Since completion of the recapitalization, however, Acacia closed th...
Acacia Research: What To Make Of The Latest Acquisition Announcement
Acacia Research (ACTG), a holding company controlled by investment firm Starboard Value, continues to trade at a discount to its underlying value. However, a recent acquisition announcement could mark...
Acacia Research to Release Third Quarter 2024 Financial Results on November 12, 2024
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announce...
Acacia Research Corporation Acquires Deflecto®
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announce...
Acacia Research: Recent Oil And Gas Assets Acquisition Bearing Fruit, Discount To Book Value Still High
Book value per share is growing, but the discount to book value remains high. The cash position as of June 30, 2024, is still very strong and constitutes ~85% of the company's market cap. Recent acqui...
Acacia Research Corporation (ACTG) Q2 2024 Earnings Call Transcript
Acacia Research Corporation (NASDAQ:ACTG) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Brent Anderson – Gagnier Communications MJ McNulty – Chief Executive Officer ...
Acacia Research Reports Second Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and six months ended June 30, 2024. The Company is also...
Acacia Research to Release Second Quarter 2024 Financial Results on August 8
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today that it will release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024...
Adding Acacia Research To My Value Portfolio
Acacia Research is a BDC that acquires, operates, and sells small- to mid-sized companies in various industries. The company's revenue sources include patent licensing, industrial sector ownership, an...
Acacia Research Corporation (ACTG) Q1 2024 Earnings Call Transcript
Acacia Research Corporation (NASDAQ:ACTG) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Rob Fink - FNK, IR MJ McNulty - CEO Kirsten Hoover - Interim CFO Conference Call...
Acacia Research Reports First Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months ended March 31, 2024. Martin (“MJ”) D. McNulty, ...
Acacia Research to Release First Quarter 2024 Financial Results on May 9
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. The Com...
Acacia Research Announces Closing of Benchmark Energy's Transformative Acquisition in the Western Anadarko Basin
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”) today announced that its majority owned subsidiary, Benchmark Energy II, LLC (together with its subsidiaries, “Benchmar...
Acacia Research: Positive Developments, Discount To Book Value High Despite Recent Price Spike
Acacia Research released its 2023 full year results and made three important announcements in the last two months. The company completed the sale of Arix Bioscience shares and entered into substantial...
Acacia Research Corporation (ACTG) Q4 2023 Earnings Call Transcript
Acacia Research Corporation (NASDAQ:ACTG) Q4 2023 Earnings Conference Call March 14, 2024 4:30 PM ET
Acacia Research Reports Fourth Quarter 2023 Financial Results
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months and full year ended December 31, 2023. Martin (“...
Acacia Research to Release Fourth Quarter and Full Year 2023 Financial Results on March 14
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its fourth quarter and full-year 2023 financial results after the market closes on Thursday, March...
Acacia Research Expands Oil and Gas Investments Through Benchmark Energy's Transformative Acquisition in the Western Anadarko Basin
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”) today announced that its majority owned subsidiary, Benchmark Energy II, LLC (together with its subsidiaries, “Benchmar...
Acacia Research Appoints Martin (“MJ”) D. McNulty, Jr. to Board of Directors, Named Permanent CEO
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) today announced that Martin (“MJ”) D. McNulty, Jr. has been named as Acacia's permanent Chief Executive Officer. Mr. McNulty has b...
Acacia Research Announces Licensing and Settlement Agreements Related to WiFi-6 Patents
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) today announced an agreement related to its intellectual property business. Atlas Global Technologies LLC (“AGT”), a subsidiary of...
Acacia Research: Starting To Execute Its New Strategy - I Remain Bullish
About a year after the announcement of the recapitalization plan, Acacia Research finally started to execute its new investment strategy. Cash injection of $57 million is expected from the sale of Ari...
Top 5 Financial Stocks Which You'll Regret Missing This Quarter - Acacia Research (NASDAQ:ACTG), Central Plains Bancshares (NASDAQ:CPBI)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Acacia Research Corporation (ACTG) Q3 2023 Earnings Call Transcript
Acacia Research Corporation (NASDAQ:ACTG) Q3 2023 Earnings Conference Call November 13, 2023 4:30 PM ET Company Participants Jeff Stanlis - FNK IR MJ McNulty - Interim Chief Executive Officer Kirsten...