i3 Verticals - IIIV Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for i3 Verticals in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" IIIV shares.
View IIIV analyst ratings or view top-rated stocks.

4 brokerages have issued twelve-month target prices for i3 Verticals' shares. 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 32.3% 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 on January 1st, 2022. Since then, IIIV shares have increased by 7.5% and is now trading at $24.49.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our IIIV earnings forecast.

i3 Verticals, Inc. (NASDAQ:IIIV) released its earnings results on Tuesday, November, 16th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.09. The company earned $67.19 million during the quarter, compared to analyst estimates of $64.41 million. i3 Verticals had a positive trailing twelve-month return on equity of 9.31% and a negative net margin of 5.38%. During the same quarter in the prior year, the business posted $0.11 earnings per share.

i3 Verticals updated its FY 2023 earnings guidance on Thursday, November, 17th. The company provided EPS guidance of $1.50-$1.62 for the period, compared to the consensus EPS 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 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 many different institutional and retail investors. Top institutional investors include Geneva Capital Management LLC (5.82%), BlackRock Inc. (4.49%), Vanguard Group Inc. (4.00%), Portolan Capital Management LLC (2.01%), State Street Corp (1.70%) and EverSource Wealth Advisors LLC (1.54%). Insiders that own company stock include David K Morgan, 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 $24.49.

i3 Verticals (NASDAQ:IIIV) has a market capitalization of $811.04 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.