Information Services Group - III Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Information Services Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" III shares.
View III analyst ratings or view top-rated stocks.

1 brokers have issued 1 year price objectives for Information Services Group's stock. Their III share price forecasts range from $7.00 to $7.00. On average, they expect the company's share price to reach $7.00 in the next year. This suggests a possible upside of 41.4% from the stock's current price.
View analysts price targets for III or view top-rated stocks among Wall Street analysts.

Information Services Group's stock was trading at $4.60 at the beginning of the year. Since then, III shares have increased by 7.6% and is now trading at $4.95.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our III earnings forecast.

Information Services Group, Inc. (NASDAQ:III) released its quarterly earnings data on Monday, May, 10th. The business services provider reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.03. The business services provider had revenue of $66.57 million for the quarter, compared to analysts' expectations of $63.28 million. Information Services Group had a net margin of 6.89% and a trailing twelve-month return on equity of 22.20%.

Information Services Group declared a quarterly dividend on Thursday, March 9th. Shareholders of record on Monday, March 20th will be given a dividend of $0.04 per share on Friday, March 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Friday, March 17th.
Read our dividend analysis for III.

First Trust Dow Jones Select Microcap Index Fund holds 81,628 shares of III stock, representing 0.29% of its portfolio.

Information Services Group (NASDAQ:III) pays an annual dividend of $0.16 per share and currently has a dividend yield of 3.27%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, III will have a dividend payout ratio of 36.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for III.

Information Services Group issued an update on its first quarter 2023 earnings guidance on Thursday, March, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $73.00 million-$75.00 million, compared to the consensus revenue estimate of $73.81 million.

21 employees have rated Information Services Group Chief Executive Officer Michael P. Connors on Glassdoor.com. Michael P. Connors has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Information Services Group investors own include VBI Vaccines (VBIV), Co-Diagnostics (CODX), Extreme Networks (EXTR), Inovio Pharmaceuticals (INO), Actinium Pharmaceuticals (ATNM), Catalyst Pharmaceuticals (CPRX), Kopin (KOPN), Alto Ingredients (PEIX), Plug Power (PLUG) and SeaChange International (SEAC).

Information Services Group trades on the NASDAQ under the ticker symbol "III."

Information Services Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (6.08%), Renaissance Technologies LLC (3.51%), LSV Asset Management (2.58%), Dimensional Fund Advisors LP (2.35%), Blair William & Co. IL (1.44%) and Geode Capital Management LLC (1.34%). Insiders that own company stock include Bruce Pfau, Gerald S Hobbs, Neil G Budnick and Todd D Lavieri.
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Shares of III stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of III stock can currently be purchased for approximately $4.95.

Information Services Group (NASDAQ:III) has a market capitalization of $239.63 million and generates $286.27 million in revenue each year. The business services provider earns $19.73 million in net income (profit) each year or $0.40 on an earnings per share basis.

The company employs 1,600 workers across the globe.

Information Services Group's mailing address is 2187 Atlantic Street, STAMFORD CT, 06902. The official website for the company is www.isg-one.com. The business services provider can be reached via phone at (203) 517-3100, via email at david.berger@isg-one.com, or via fax at 302-636-5454.