Investment Technology Group Company Profile (NYSE:ITG)

About Investment Technology Group (NYSE:ITG)

Investment Technology Group logoInvestment Technology Group, Inc. (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations. These four segments provide categories of products and services, such as Execution Services, Workflow Technology and Analytics. Execution Services includes self-directed trading using algorithms, smart routing and matching through POSIT in cash equities, futures and options trading and portfolio trading and high-touch trading desks providing execution expertise. Workflow Technology includes trade order and execution management software applications in addition to network connectivity. Analytics includes tools enabling portfolio managers and traders to improve pre-trade, real-time and post-trade execution performance; portfolio construction and optimization decisions, and securities valuation.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Banking
  • Sub-Industry: Investment Banking & Brokerage
  • Symbol: NYSE:ITG
  • CUSIP: 46145F10
  • Web: www.itg.com
Capitalization:
  • Market Cap: $771.48 million
  • Outstanding Shares: 33,125,000
Average Prices:
  • 50 Day Moving Avg: $21.75
  • 200 Day Moving Avg: $20.97
  • 52 Week Range: $15.04 - $23.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.91
  • P/E Growth: 0.32
Sales & Book Value:
  • Annual Revenue: $464.03 million
  • Price / Sales: 1.66
  • Book Value: $12.51 per share
  • Price / Book: 1.86
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 1.2%
Profitability:
  • Net Margins: -1.77%
  • Return on Equity: 3.08%
  • Return on Assets: 1.42%
Debt:
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 1.42%
  • Quick Ratio: 1.41%
Misc:
  • Average Volume: 209,643 shs.
  • Beta: 1.48
 

Frequently Asked Questions for Investment Technology Group (NYSE:ITG)

What is Investment Technology Group's stock symbol?

Investment Technology Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITG."

How often does Investment Technology Group pay dividends? What is the dividend yield for Investment Technology Group?

Investment Technology Group declared a quarterly dividend on Thursday, August 10th. Stockholders of record on Tuesday, August 22nd will be given a dividend of $0.07 per share on Friday, September 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Friday, August 18th. View Investment Technology Group's Dividend History.

How were Investment Technology Group's earnings last quarter?

Investment Technology Group, Inc. (NYSE:ITG) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.04. The firm earned $121.60 million during the quarter, compared to analysts' expectations of $124 million. Investment Technology Group had a positive return on equity of 3.08% and a negative net margin of 1.77%. Investment Technology Group's quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.02) EPS. View Investment Technology Group's Earnings History.

When will Investment Technology Group make its next earnings announcement?

Investment Technology Group is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Investment Technology Group.

Where is Investment Technology Group's stock going? Where will Investment Technology Group's stock price be in 2017?

2 equities research analysts have issued 1 year target prices for Investment Technology Group's stock. Their predictions range from $20.00 to $21.00. On average, they expect Investment Technology Group's stock price to reach $20.50 in the next twelve months. View Analyst Ratings for Investment Technology Group.

Who are some of Investment Technology Group's key competitors?

Who are Investment Technology Group's key executives?

Investment Technology Group's management team includes the folowing people:

  • Minder Cheng, Independent Chairman of the Board
  • Francis J. Troise, President, Chief Executive Officer, Director
  • Steven R. Vigliotti, Chief Financial Officer, Chief Administrative Officer, Managing Director
  • Robert J. Boardman, Managing Director and Chief Executive Officer of ITG's European Operations
  • Michael Corcoran, Managing Director and Chief Executive Officer of ITG's Asia Pacific Operations
  • Etienne Phaneuf, Managing Director and Chief Executive Officer of ITG's Canadian Operations
  • Angelique F.M. DeSanto, General Counsel, Managing Director, Corporate Secretary
  • Peter A. Goldstein, Managing Director, Global Head - Human Resources
  • Brian Pomraning, Managing Director and Global Head - Product Management
  • James P. Selway III, Managing Director and Head of U.S. Execution Services

Who owns Investment Technology Group stock?

Investment Technology Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Shell Asset Management Co. (0.40%) and Assenagon Asset Management S.A. (0.35%). Company insiders that own Investment Technology Group stock include Michael Marrale and William S Geyer. View Institutional Ownership Trends for Investment Technology Group.

Who bought Investment Technology Group stock? Who is buying Investment Technology Group stock?

Investment Technology Group's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Shell Asset Management Co.. View Insider Buying and Selling for Investment Technology Group.

How do I buy Investment Technology Group stock?

Shares of Investment Technology Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Investment Technology Group's stock price today?

One share of Investment Technology Group stock can currently be purchased for approximately $23.29.


MarketBeat Community Rating for Investment Technology Group (NYSE ITG)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  123 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  277
MarketBeat's community ratings are surveys of what our community members think about Investment Technology Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Investment Technology Group (NYSE:ITG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $20.50 (11.98% downside)
Consensus Price Target History for Investment Technology Group (NYSE:ITG)
Price Target History for Investment Technology Group (NYSE:ITG)
Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/12/2017Rosenblatt SecuritiesInitiated CoverageNeutral -> Neutral$21.00LowView Rating Details
11/20/2016Credit Suisse GroupInitiated CoverageOutperform$20.00N/AView Rating Details
7/29/2016J P Morgan Chase & CoLower Price TargetNeutral$18.00 -> $17.00N/AView Rating Details
11/6/2015Barclays PLCBoost Price Target$16.00 -> $23.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Investment Technology Group (NYSE:ITG)
Earnings by Quarter for Investment Technology Group (NYSE:ITG)
Earnings History by Quarter for Investment Technology Group (NYSE ITG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.16N/AView Earnings Details
8/2/2017Q2 2017$0.18$0.14$124.00 million$121.60 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.08$0.16$120.10 million$120.80 millionViewListenView Earnings Details
2/1/2017Q416$0.10$0.16$120.47 million$119.60 millionViewListenView Earnings Details
11/9/2016Q316($0.13)($0.08)$107.75 million$104.20 millionViewListenView Earnings Details
7/28/2016Q216($0.01)($0.02)$115.73 million$120.60 millionViewListenView Earnings Details
5/5/2016Q116$0.04$0.05$123.45 million$124.66 millionViewListenView Earnings Details
2/4/2016Q415($0.03)($0.07)$116.29 million$116.50 millionViewListenView Earnings Details
11/5/2015Q315($0.07)$0.12$117.99 million$120.40 millionViewListenView Earnings Details
8/3/2015Q2$0.35$0.32$143.00 million$140.50 millionViewListenView Earnings Details
4/30/2015Q1$0.45$0.47$154.40 million$149.70 millionViewListenView Earnings Details
1/29/2015Q414$0.38$0.40$149.80 million$149.00 millionViewListenView Earnings Details
11/3/2014Q3$0.26$0.25$130.90 million$134.80 millionViewListenView Earnings Details
7/31/2014Q214$0.30$0.35$131.40 million$138.50 millionViewListenView Earnings Details
5/1/2014Q114$0.32$0.37$142.12 million$137.60 millionViewN/AView Earnings Details
1/30/2014Q413$0.19$0.26$127.50 million$131.90 millionViewListenView Earnings Details
10/31/2013Q313$0.15$0.20$127.30 million$127.60 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.20$0.27$131.50 million$139.30 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.15$0.24$130.51 million$132.10 millionViewN/AView Earnings Details
1/31/2013Q4 2012$0.01$0.02$119.51 million$121.53 millionViewListenView Earnings Details
11/1/2012Q312$0.01$120.37 million$119.40 millionViewN/AView Earnings Details
8/9/2012$0.10$0.05ViewN/AView Earnings Details
5/3/2012$0.14$0.14ViewN/AView Earnings Details
2/1/2012$0.12$0.07ViewN/AView Earnings Details
11/3/2011$0.24$0.25ViewN/AView Earnings Details
8/4/2011$0.13$0.14ViewN/AView Earnings Details
5/5/2011$0.23$0.23ViewN/AView Earnings Details
2/3/2011$0.21$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Investment Technology Group (NYSE:ITG)
Current Year EPS Consensus Estimate: $0.50 EPS
Next Year EPS Consensus Estimate: $1.17 EPS

Dividends

Current Dividend Information for Investment Technology Group (NYSE:ITG)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.28
Dividend Yield:1.20%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-107.69% (Trailing 12 Months of Earnings)
56.00% (Based on This Year's Estimates)
23.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Investment Technology Group (NYSE:ITG)

Dividend History by Quarter for Investment Technology Group (NYSE ITG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/10/2017quarterly$0.071.37%8/18/20178/22/20179/15/2017
5/18/2017quarterly$0.071.38%5/25/20175/30/20176/15/2017
2/16/2017quarterly$0.071.4%2/23/20172/27/20173/15/2017
11/17/2016quarterly$0.071.44%11/25/201611/29/201612/13/2016
8/10/2016quarterly$0.071.71%8/18/20168/22/20169/7/2016
5/18/2016quarterly$0.071.54%5/26/20165/31/20166/14/2016
2/29/2016quarterly$0.071.53%3/2/20163/4/20163/18/2016
11/5/2015quarterly$0.071.36%11/18/201511/20/201512/11/2015
8/3/2015quarterly$0.078/19/20158/21/20159/10/2015
4/30/2015quarterly$0.070.97%5/13/20155/15/20156/5/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Investment Technology Group (NYSE:ITG)
Insider Ownership Percentage: 2.40%
Institutional Ownership Percentage: 87.64%
Insider Trades by Quarter for Investment Technology Group (NYSE:ITG)
Institutional Ownership by Quarter for Investment Technology Group (NYSE:ITG)
Insider Trades by Quarter for Investment Technology Group (NYSE:ITG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/8/2016William S GeyerDirectorBuy900$16.77$15,093.00View SEC Filing  
11/17/2015Michael MarraleDirectorSell10,684$19.96$213,252.64View SEC Filing  
9/8/2015Angelo BuloneDirectorSell2,564$15.20$38,972.80View SEC Filing  
8/24/2015James P Selway IIIDirectorBuy1,250$15.70$19,625.00View SEC Filing  
8/21/2015James P Selway IIIDirectorBuy1,250$16.10$20,125.00View SEC Filing  
8/19/2015R Jarrett LilienCEOBuy5,000$17.07$85,350.00View SEC Filing  
8/19/2015T Kelley MilletDirectorBuy2,000$17.32$34,640.00View SEC Filing  
3/20/2015Robert J BoardmanCEOSell3,200$28.40$90,880.00View SEC Filing  
3/18/2015Robert J BoardmanCEOSell6,800$28.61$194,548.00View SEC Filing  
3/16/2015David MeitzDirectorSell10,000$27.41$274,100.00View SEC Filing  
3/16/2015P Mats GoebelsInsiderSell6,800$28.39$193,052.00View SEC Filing  
2/17/2015Robert C GasserCEOSell9,100$22.71$206,661.00View SEC Filing  
2/5/2015Peter A GoldsteinInsiderSell5,000$22.07$110,350.00View SEC Filing  
12/22/2014Peter A GoldsteinInsiderSell5,000$20.37$101,850.00View SEC Filing  
12/22/2014Robert C GasserCEOSell2,000$20.58$41,160.00View SEC Filing  
12/17/2014Robert C GasserCEOSell5,000$19.93$99,650.00View SEC Filing  
12/4/2014James P Selway IIIDirectorSell1,900$20.23$38,437.00View SEC Filing  
11/25/2014David MeitzDirectorSell3,800$20.03$76,114.00View SEC Filing  
11/25/2014P Mats GoebelsInsiderSell3,600$20.01$72,036.00View SEC Filing  
11/20/2014David MeitzDirectorSell1,200$20.00$24,000.00View SEC Filing  
11/18/2014P Mats GoebelsInsiderSell5,500$19.60$107,800.00View SEC Filing  
9/12/2014P Mats GoebelsInsiderSell5,000$17.17$85,850.00View SEC Filing  
8/20/2014Robert C GasserCEOSell15,000$17.48$262,200.00View SEC Filing  
3/7/2014James Selway IIIDirectorSell1,560$18.02$28,111.20View SEC Filing  
9/20/2013Robert GasserCEOSell10,000$16.04$160,400.00View SEC Filing  
9/6/2013Peter A GoldsteinInsiderSell3,000$17.50$52,500.00View SEC Filing  
9/5/2013Robert C GasserCEOSell17,500$17.28$302,400.00View SEC Filing  
9/4/2013Robert C GasserCEOSell12,500$17.02$212,750.00View SEC Filing  
6/20/2013David MeitzDirectorSell15,000$13.88$208,200.00View SEC Filing  
6/7/2013Robert C GasserCEOSell10,000$14.09$140,900.00View SEC Filing  
6/3/2013Robert C GasserCEOSell10,000$13.68$136,800.00View SEC Filing  
3/11/2013P Mats GoebelsInsiderSell4,900$12.27$60,123.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Investment Technology Group (ITG) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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