NASDAQ:IIIVi3 Verticals Stock Price, Forecast & News

i3 Verticals' stock was trading at $25.23 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IIIV shares have increased by 8.5% and is now trading at $27.37. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for i3 Verticals in the last year. There are currently 1 hold rating and 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 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.04. The company earned $39.31 million during 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.

6 brokers have issued 1-year target prices for i3 Verticals' stock. Their forecasts range from $18.00 to $36.00. On average, they anticipate i3 Verticals' share price to reach $28.50 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View analysts' price targets for i3 Verticals.

Media stories about IIIV stock have been trending very negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. i3 Verticals earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about i3 Verticals.

i3 Verticals saw a decline in short interest in June. As of June 30th, there was short interest totaling 1,410,000 shares, a decline of 9.6% from the June 15th total of 1,560,000 shares. Based on an average daily trading volume, of 194,500 shares, the days-to-cover ratio is presently 7.2 days. Approximately 10.4% of the shares of the company are short sold. View i3 Verticals' Current Options Chain.

Some companies that are related to i3 Verticals include HMS (HMSY), WNS (WNS), Fiverr International (FVRR), CIELO S A/S (CIOXY), Wageworks (WAGE), ExlService (EXLS), Alliance Data Systems (ADS), EVO Payments (EVOP), Tabula Rasa HealthCare (TRHC), CBIZ (CBZ), Repay (RPAY), Radware (RDWR), Phreesia (PHR), Qiwi (QIWI) and Cardtronics (CATM). 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 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 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 number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.86%) and Envestnet Asset Management Inc. (0.04%). Company insiders that own i3 Verticals stock include David K Morgan, David Scott Meriwether, Frederick Stanford and Gregory S Daily. View institutional ownership trends for i3 Verticals.

IIIV stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity for i3 Verticals.

IIIV stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought i3 Verticals stock in the last two years include David K Morgan, and Gregory S Daily. 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 $27.37.

i3 Verticals has a market capitalization of $751.28 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]