i3 Verticals (NASDAQ:IIIV) Releases FY 2026 Earnings Guidance

Key Points

• FY 2026 EPS guidance is $1.08–$1.12, above the $1.04 analyst consensus, while revenue guidance of $216 million–$221 million is below the $223.9 million consensus estimate.
• Analysts remain broadly positive, with five Buy and three Hold ratings and an average price target of $29.83, despite several firms lowering their targets.
• CEO Gregory S. Daily purchased 50,000 shares at an average price of $19.23, while i3 Verticals shares traded at $21.96; insiders own 60.09% of the company.

i3 Verticals (NASDAQ:IIIV - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.080-1.120 for the period, compared to the consensus earnings per share estimate of 1.040. The company issued revenue guidance of $216.0 million-$221.0 million, compared to the consensus revenue estimate of $223.9 million.

Analysts Set New Price Targets

A number of research analysts have weighed in on IIIV shares. Cantor Fitzgerald decreased their price target on i3 Verticals from $30.00 to $27.00 and set an "overweight" rating for the company in a research note on Monday, May 11th. DA Davidson lowered their price target on i3 Verticals from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Wednesday, May 13th. Weiss Ratings upgraded i3 Verticals from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, May 12th. Finally, Benchmark decreased their target price on i3 Verticals from $39.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, May 14th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $29.83.

i3 Verticals Price Performance

NASDAQ:IIIV traded down $0.47 during trading hours on Thursday, reaching $21.96. 399,555 shares of the company were exchanged, compared to its average volume of 377,638. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.34 and a quick ratio of 1.34. i3 Verticals has a 1-year low of $18.47 and a 1-year high of $33.97. The company has a market capitalization of $613.39 million, a P/E ratio of 31.37 and a beta of 0.83. The business has a 50 day moving average of $20.65 and a 200 day moving average of $21.52.

i3 Verticals (NASDAQ:IIIV - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.25 EPS for the quarter, hitting analysts' consensus estimates of $0.25. i3 Verticals had a return on equity of 4.19% and a net margin of 8.59%.The company had revenue of $53.07 million during the quarter, compared to analysts' expectations of $54.99 million. i3 Verticals has set its FY 2026 guidance at 1.080-1.120 EPS. Research analysts forecast that i3 Verticals will post 0.66 EPS for the current year.

Insider Activity

In related news, CEO Gregory S. Daily acquired 50,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of $19.23 per share, for a total transaction of $961,500.00. Following the transaction, the chief executive officer directly owned 50,000 shares in the company, valued at $961,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 60.09% of the company's stock.

Institutional Investors Weigh In On i3 Verticals

Hedge funds and other institutional investors have recently bought and sold shares of the company. Global Retirement Partners LLC boosted its stake in shares of i3 Verticals by 8,259.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,839 shares of the company's stock valued at $46,000 after purchasing an additional 1,817 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in i3 Verticals by 65.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company's stock valued at $60,000 after buying an additional 870 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in i3 Verticals by 229.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,220 shares of the company's stock worth $61,000 after buying an additional 1,547 shares during the period. Advisory Services Network LLC acquired a new stake in i3 Verticals during the 3rd quarter worth approximately $75,000. Finally, Johnson Financial Group Inc. bought a new stake in i3 Verticals during the 3rd quarter worth approximately $79,000. Institutional investors own 84.22% of the company's stock.

About i3 Verticals

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company's product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.

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