NASDAQ:IIIVi3 Verticals Stock Price, Forecast & News

i3 Verticals' stock was trading at $25.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IIIV stock has increased by 14.4% and is now trading at $28.86. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for i3 Verticals in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for i3 Verticals.

i3 Verticals is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for i3 Verticals.

i3 Verticals Inc (NASDAQ:IIIV) released its quarterly earnings results on Thursday, May, 7th. The company reported $0.20 EPS for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.04. The company had revenue of $39.31 million for the quarter, compared to analysts' expectations of $39.60 million. i3 Verticals had a positive return on equity of 15.10% and a negative net margin of 0.54%. View i3 Verticals' earnings history.

5 analysts have issued 1 year price targets for i3 Verticals' stock. Their forecasts range from $18.00 to $36.00. On average, they expect i3 Verticals' stock price to reach $27.40 in the next year. This suggests that the stock has a possible downside of 5.1%. View analysts' price targets for i3 Verticals.

News stories about IIIV stock have been trending very positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. i3 Verticals earned a daily sentiment score of 3.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news abouti3 Verticals.

i3 Verticals saw a decline in short interest in May. As of May 15th, there was short interest totaling 1,560,000 shares, a decline of 7.1% from the April 30th total of 1,680,000 shares. Based on an average daily volume of 271,700 shares, the days-to-cover ratio is presently 5.7 days. Approximately 11.9% of the shares of the stock are sold short. View i3 Verticals' Current Options Chain.

Some companies that are related to i3 Verticals include HMS (HMSY), WNS (WNS), Alliance Data Systems (ADS), ExlService (EXLS), Wageworks (WAGE), CIELO S A/S (CIOXY), Fiverr International (FVRR), EVO Payments (EVOP), CBIZ (CBZ), Tabula Rasa HealthCare (TRHC), Radware (RDWR), Phreesia (PHR), Cardtronics (CATM), Repay (RPAY) and Qiwi (QIWI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other i3 Verticals investors own include Honeywell International (HON), Alibaba Group (BABA), CVS Health (CVS), NVIDIA (NVDA), Thermo Fisher Scientific (TMO), Home Depot (HD), Altria Group (MO), AT&T (T), Verizon Communications (VZ) and Bristol-Myers Squibb (BMY).

(IIIV) raised $80 million in an initial public offering (IPO) on Thursday, June 21st 2018. The company issued 6,700,000 shares at $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 number of retail and institutional investors. Top institutional investors include TimesSquare Capital Management LLC (4.85%), BlackRock Inc. (3.59%), Driehaus Capital Management LLC (2.92%), JPMorgan Chase & Co. (2.86%), Ranger Investment Management L.P. (2.82%) and Russell Investments Group Ltd. (1.39%). Company insiders that own i3 Verticals stock include David K Morgan, David Scott Meriwether, Frederick Stanford, Gregory S Daily and Paul Maple. View institutional ownership trends for i3 Verticals.

IIIV stock was sold by a variety of institutional investors in the last quarter, including Ranger Investment Management L.P., Russell Investments Group Ltd., Wasatch Advisors Inc., Globeflex Capital L P, Victory Capital Management Inc., Victory Capital Management Inc., ETF Managers Group LLC, and BlackRock Inc.. View insider buying and selling activity for i3 Verticals.

IIIV stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Driehaus Capital Management LLC, Wells Fargo & Company MN, Avalon Investment & Advisory, Bank of New York Mellon Corp, TimesSquare Capital Management LLC, Wellington Management Group LLP, and State Street Corp. Company insiders that have bought i3 Verticals stock in the last two years include David K Morgan, Gregory S Daily, and Paul Maple. View insider buying and selling activity for i3 Verticals.

Shares of IIIV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of IIIV stock can currently be purchased for approximately $28.86.

i3 Verticals has a market capitalization of $792.18 million and generates $376.31 million in revenue each year. The company earns $-3,050,000.00 in net income (profit) each year or $0.39 on an earnings per share basis. i3 Verticals employs 338 workers across the globe.

The official website for i3 Verticals is www.i3verticals.com.

i3 Verticals' mailing address is 40 BURTON HILLS BLVD. SUITE 415, NASHVILLE TN, 37215. The company can be reached via phone at 615-465-4497 or via email at [email protected]