BWS Financial Issues Positive Forecast for Adeia Earnings

Adeia Inc. (NASDAQ:ADEA) – Research analysts at BWS Financial lifted their Q1 2025 earnings estimates for Adeia in a research report issued on Wednesday, December 4th. BWS Financial analyst H. Khorsand now forecasts that the company will post earnings of $0.23 per share for the quarter, up from their prior forecast of $0.20. BWS Financial currently has a “Buy” rating and a $16.00 target price on the stock. The consensus estimate for Adeia’s current full-year earnings is $0.99 per share. BWS Financial also issued estimates for Adeia’s Q2 2025 earnings at $0.28 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.27 EPS and FY2025 earnings at $1.09 EPS.

Separately, Rosenblatt Securities restated a “buy” rating and issued a $15.00 price objective on shares of Adeia in a research note on Friday, November 8th.

Adeia Stock Performance

Shares of ADEA opened at $13.36 on Friday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.42 and a current ratio of 3.42. The stock has a 50-day moving average of $12.21 and a two-hundred day moving average of $11.77. The stock has a market cap of $1.46 billion, a P/E ratio of 37.11 and a beta of 1.42. Adeia has a one year low of $9.46 and a one year high of $14.24.

Institutional Investors Weigh In On Adeia

Several hedge funds have recently added to or reduced their stakes in ADEA. Select Equity Group L.P. lifted its holdings in shares of Adeia by 12.6% in the 2nd quarter. Select Equity Group L.P. now owns 653,425 shares of the company’s stock valued at $7,309,000 after buying an additional 73,204 shares during the period. Harvey Partners LLC grew its stake in shares of Adeia by 5.8% during the 3rd quarter. Harvey Partners LLC now owns 3,052,000 shares of the company’s stock worth $36,349,000 after purchasing an additional 168,000 shares during the period. SG Americas Securities LLC increased its holdings in shares of Adeia by 243.7% during the 3rd quarter. SG Americas Securities LLC now owns 69,627 shares of the company’s stock valued at $829,000 after purchasing an additional 49,367 shares in the last quarter. Mackenzie Financial Corp lifted its stake in shares of Adeia by 24.1% in the 2nd quarter. Mackenzie Financial Corp now owns 68,340 shares of the company’s stock valued at $764,000 after purchasing an additional 13,290 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Adeia by 3.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 100,353 shares of the company’s stock valued at $1,096,000 after purchasing an additional 3,793 shares during the period. 97.36% of the stock is owned by hedge funds and other institutional investors.

Adeia Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, November 27th will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, November 27th. This represents a $0.20 dividend on an annualized basis and a yield of 1.50%. Adeia’s dividend payout ratio is presently 55.56%.

Adeia Company Profile

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.