CDW Corporation (CDW)

NASDAQ: CDW · IEX Real-Time Price · USD
214.61
-27.25 (-11.27%)
At close: May 1, 2024, 4:00 PM
215.24
+0.63 (0.29%)
After-hours: May 1, 2024, 5:49 PM EDT
-11.27%
Market Cap 28.80B
Revenue (ttm) 21.38B
Net Income (ttm) 1.10B
Shares Out 134.22M
EPS (ttm) 8.10
PE Ratio 26.72
Forward PE 20.46
Dividend $2.48 (1.16%)
Ex-Dividend Date Feb 23, 2024
Volume 2,410,760
Open 224.00
Previous Close 241.86
Day's Range 213.44 - 226.72
52-Week Range 162.59 - 263.37
Beta 1.08
Analysts Buy
Price Target 249.88 (+16.43%)
Earnings Date May 1, 2024

About CDW

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, desktop computers, collaboration, da... [Read more]

Sector Technology
IPO Date May 27, 1993
Employees 15,100
Stock Exchange NASDAQ
Ticker Symbol CDW
Full Company Profile

Financial Performance

In 2023, CDW's revenue was $21.38 billion, a decrease of -9.99% compared to the previous year's $23.75 billion. Earnings were $1.10 billion, a decrease of -0.92%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CDW stock is "Buy." The 12-month stock price forecast is $249.88, which is an increase of 16.43% from the latest price.

Price Target
$249.88
(16.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CDW Corp's first-quarter results miss on weak IT spending

CDW Corp missed analysts' estimates for first-quarter results on Wednesday, hurt by weak demand for its IT solutions as customers cut back their technology budgets, sending the company's shares down a...

10 hours ago - Reuters

CDW Declares Quarterly Cash Dividend of $0.62 Per Share

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

11 hours ago - Business Wire

CDW Reports First Quarter 2024 Earnings

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW): (Dollars in millions, except per share amounts and percentage) Three Months Ended March 31,   2024     2023   % Chg. Net Sales $ 4,87...

11 hours ago - Business Wire

Sophisticated Cyberattacks Surge Aided by AI Adoption According to CDW Canada Study

TORONTO--(BUSINESS WIRE)--CDW Canada, a leading provider of technology solutions and services for Canadian organizations, today released its annual Canadian Cybersecurity Study, Cybersecurity in Focus...

2 days ago - Business Wire

CDW to Announce First Quarter 2024 Results on May 1

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

14 days ago - Business Wire

CDW to Present at the Raymond James 45th Annual Institutional Investors Conference

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

2 months ago - Business Wire

CDW Authorizes $750 Million Share Repurchase Program Increase and Declares Quarterly Cash Dividend of $0.62 Per Share

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

3 months ago - Business Wire

CDW Reports Fourth Quarter and Full Year 2023 Earnings

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW): (Dollars in millions, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2023 2022 % Chg. 2023 2022 % ...

3 months ago - Business Wire

CDW to Announce Fourth Quarter and Full Year 2023 Results on February 7

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

3 months ago - Business Wire

Three-Stock Lunch: Zoom, Doordash, and CDW Corp.

Malcolm Ethridge, CIC Wealth Executive Vice President, joins 'Power Lunch' to discuss his investing take on three stocks: Zoom, Doordash, and CDW Corp.

Other symbols: DASHZM
5 months ago - CNBC Television

CDW to Participate in the UBS Global Technology Conference

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

6 months ago - Business Wire

CDW Increases Quarterly Cash Dividend 5% to $0.62 Per Share

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

6 months ago - Business Wire

CDW Reports Third Quarter 2023 Earnings

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW) (Dollars in millions, except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2023 2022 % Chg. 202...

6 months ago - Business Wire

CDW to Announce Third Quarter 2023 Results on November 1

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

7 months ago - Business Wire

Improved Cloud Spending Optimizes Move to Digital Business Offerings, According to CDW Canada Report

TORONTO--(BUSINESS WIRE)--Today, CDW Canada, a leading provider of technology solutions and services for Canadian organizations, released the 2023 Hybrid Cloud Report, which explores emerging trends a...

7 months ago - Business Wire

Stephanie Link's top stock picks: ELAN, CDW

Stephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins ‘Squawk Box' to discuss her recent stock picks, including Elanco Animal Health and CDW.

Other symbols: ELAN
8 months ago - CNBC Television

CDW Declares Quarterly Cash Dividend of $0.59 Per Share

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

9 months ago - Business Wire

CDW Reports Second Quarter 2023 Earnings

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW): (Dollars in millions, except per share amounts) Three Months Ended June 30, Six Months Ended June 30,   2023   2022 % Chg.   2023   ...

9 months ago - Business Wire

CDW Adds Kelly J. Grier to Board of Directors

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers, toda...

9 months ago - Business Wire

CDW to Announce Second Quarter 2023 Results on August 2

VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

10 months ago - Business Wire

Number of Successful Cybersecurity Breaches Affecting Canadian Businesses More Than Doubled in Past Year, According to CDW Canada Study

TORONTO--(BUSINESS WIRE)--CDW Canada, a leading provider of technology solutions and services for Canadian organizations, today released its annual security research, the 2023 Canadian Cybersecurity S...

11 months ago - Business Wire

NYSE investigating potential trading error in CDW after brief and steep drop: Reuters

CDW Corp. CDW, +1.89% stock is up 0.4% in premarket trades after the stock briefly fell 96%, prompting the New York Stock Exchange to review potential trading errors in the information technology comp...

1 year ago - Market Watch

CDW to Participate in the J.P. Morgan 51st Annual Global Technology, Media & Communications Conference

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in th...

1 year ago - Business Wire

CDW Reports First Quarter 2023 Earnings

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW): (Dollars in millions, except per share amounts) Three Months Ended March 31,   2023     2022   % Chg. Net Sales $ 5,103.1   $ 5,949....

1 year ago - Business Wire

CDW Warns Investors U.S. IT Spending Is Sinking Fast

IT services and consulting firm CDW warned 2023 U.S. IT spending will be down in the high single digits in 2023. Just one quarter ago CDW had seen it as flat.

1 year ago - Barrons