i3 Verticals - IIIV Stock Forecast, Price & News

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

5 analysts have issued twelve-month price objectives for i3 Verticals' shares. Their IIIV share price forecasts range from $26.00 to $36.00. On average, they predict the company's share price to reach $31.20 in the next year. This suggests a possible upside of 43.7% 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 $22.79 at the beginning of the year. Since then, IIIV stock has decreased by 4.7% and is now trading at $21.71.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our IIIV earnings forecast.

i3 Verticals, Inc. (NASDAQ:IIIV) released its quarterly earnings data on Monday, August, 8th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. The business had revenue of $80.55 million for the quarter, compared to analysts' expectations of $76.77 million. i3 Verticals had a positive trailing twelve-month return on equity of 8.22% and a negative net margin of 4.71%.

i3 Verticals issued an update on its FY 2022 earnings guidance on Tuesday, September, 6th. The company provided earnings per share guidance of $1.41-$1.47 for the period, compared to the consensus estimate of $1.45. The company issued revenue guidance of $307.00 million-$317.00 million, compared to the consensus revenue estimate of $308.26 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other i3 Verticals investors own include NVIDIA (NVDA), Bristol-Myers Squibb (BMY), Honeywell International (HON), 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 initial public offering (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 served 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 retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.69%). Insiders that own company stock include David K Morgan, David M Wilds, David Scott Meriwether, Frederick Stanford, Gregory S Daily and Robert Bertke.
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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.
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One share of IIIV stock can currently be purchased for approximately $21.71.

i3 Verticals (NASDAQ:IIIV) has a market capitalization of $700.84 million and generates $224.12 million in revenue each year. The company earns $-4,460,000.00 in net income (profit) each year or ($0.66) on an earnings per share basis.

The company employs 1,438 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.