i3 Verticals - IIIV Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for i3 Verticals in the last twelve months. There are currently 1 hold rating, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" IIIV shares.
View IIIV analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1 year target prices for i3 Verticals' stock. Their IIIV share price forecasts range from $26.00 to $36.00. On average, they expect the company's share price to reach $32.40 in the next year. This suggests a possible upside of 8.7% from the stock's current price.
View analysts price targets for IIIV or view top-rated stocks among Wall Street analysts.

i3 Verticals' stock was trading at $24.34 on January 1st, 2023. Since then, IIIV stock has increased by 22.4% and is now trading at $29.80.
View the best growth stocks for 2023 here.

i3 Verticals saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,020,000 shares, an increase of 5.9% from the December 31st total of 963,000 shares. Based on an average daily trading volume, of 144,200 shares, the days-to-cover ratio is presently 7.1 days.
View i3 Verticals' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our IIIV earnings forecast.

i3 Verticals will be holding an earnings conference call on Thursday, February 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "3132661".

i3 Verticals, Inc. (NASDAQ:IIIV) released its earnings results on Wednesday, November, 16th. The company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.11. The business earned $85.25 million during the quarter, compared to analyst estimates of $80.79 million. i3 Verticals had a positive trailing twelve-month return on equity of 9.31% and a negative net margin of 5.38%.

i3 Verticals updated its FY 2023 earnings guidance on Thursday, November, 17th. The company provided earnings per share guidance of $1.50-$1.62 for the period, compared to the consensus estimate of $1.62. The company issued revenue guidance of $360.00 million-$380.00 million, compared to the consensus revenue estimate of $346.68 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other i3 Verticals investors own include NVIDIA (NVDA), Bristol-Myers Squibb (BMY), Alibaba Group (BABA), Raytheon Technologies (RTX), Verizon Communications (VZ), CVS Health (CVS), Home Depot (HD), QUALCOMM (QCOM) and Thermo Fisher Scientific (TMO).

(IIIV) raised $80 million in an IPO on Thursday, June 21st 2018. The company issued 6,700,000 shares at a price of $11.00-$13.00 per share. Cowen, Raymond James and KeyBanc Capital Markets acted as the underwriters for the IPO.

i3 Verticals trades on the NASDAQ under the ticker symbol "IIIV."

i3 Verticals' stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of Montreal Can (1.25%), Scout Investments Inc. (1.05%), Confluence Investment Management LLC (0.61%), Wesbanco Bank Inc. (0.15%), Lbmc Investment Advisors LLC (0.03%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Insiders that own company stock include David K Morgan, David K Morgan, David M Wilds, Frederick Stanford, Gregory S Daily and Robert Bertke.
View institutional ownership trends.

Shares of IIIV 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.
Compare Top Brokerages Here.

One share of IIIV stock can currently be purchased for approximately $29.80.

i3 Verticals (NASDAQ:IIIV) has a market capitalization of $986.98 million and generates $317.86 million in revenue each year. The company earns $-17,100,000.00 in net income (profit) each year or ($0.76) on an earnings per share basis.

The company employs 1,637 workers across the globe.

i3 Verticals' mailing address is 40 BURTON HILLS BLVD. SUITE 415, NASHVILLE TN, 37215. The official website for the company is www.i3verticals.com. The company can be reached via phone at (615) 465-4487 or via email at cwhitson@i3verticals.com.