NYSE:ITG - Investment Technology Group Stock Price, News, & Analysis

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

Investment Technology Group announced a quarterly dividend on Friday, February 15th. Stockholders of record on Wednesday, February 27th will be given a dividend of $0.07 per share on Friday, March 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Tuesday, February 26th. View Investment Technology Group's Dividend History.

Investment Technology Group declared that its board has approved a share buyback program on Friday, February 16th 2018, which permits the company to buyback 4,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Investment Technology Group (NYSE:ITG) issued its earnings results on Wednesday, August, 8th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.01. The financial services provider earned $128.50 million during the quarter, compared to analyst estimates of $126.40 million. Investment Technology Group had a positive return on equity of 7.85% and a negative net margin of 0.17%. Investment Technology Group's revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. View Investment Technology Group's Earnings History.

Investment Technology Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Investment Technology Group.

3 brokers have issued 1 year price objectives for Investment Technology Group's shares. Their forecasts range from $25.00 to $25.00. On average, they anticipate Investment Technology Group's stock price to reach $25.00 in the next year. This suggests that the stock has a possible downside of 17.5%. View Analyst Price Targets for Investment Technology Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investment Technology Group in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Investment Technology Group.

Media stories about ITG stock have trended somewhat negative on Saturday, InfoTrie 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 five, with scores nearest to five being the most favorable. Investment Technology Group earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the near term.

Some companies that are related to Investment Technology Group include Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Freedom (FRHC), Greenhill & Co., Inc. (GHL), Cowen (COWN), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC) and Gleacher & Co. Ltd. (GLCH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Investment Technology Group investors own include Netflix (NFLX), Alibaba Group (BABA), Oasis Petroleum (OAS), Tesla (TSLA), Advanced Micro Devices (AMD), L3 Technologies (LLL), IBM (IBM), Brunswick (BC), JPMorgan Chase & Co. (JPM) and Cypress Semiconductor (CY).

Investment Technology Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.65%), Dimensional Fund Advisors LP (4.70%), Philadelphia Financial Management of San Francisco LLC (3.08%), Thrivent Financial for Lutherans (2.99%), Gardner Lewis Asset Management L P (2.59%) and Northern Trust Corp (1.34%). Company insiders that own Investment Technology Group stock include Francis J Troise and Timothy Jones. View Institutional Ownership Trends for Investment Technology Group.

ITG stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Philadelphia Financial Management of San Francisco LLC, D. E. Shaw & Co. Inc., Assenagon Asset Management S.A., Prudential Financial Inc., KBC Group NV and Two Sigma Advisers LP. Company insiders that have sold Investment Technology Group company stock in the last year include Francis J Troise and Timothy Jones. View Insider Buying and Selling for Investment Technology Group.

ITG stock was purchased by a variety of institutional investors in the last quarter, including Gardner Lewis Asset Management L P, ARP Americas LP, Gabelli Funds LLC, Water Island Capital LLC, IndexIQ Advisors LLC, Kassirer Asset Management Corp, Kellner Capital LLC and MUFG Securities EMEA plc. View Insider Buying and Selling for Investment Technology Group.

Shares of ITG 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, Scottrade, Fidelity and Charles Schwab.

One share of ITG stock can currently be purchased for approximately $30.31.

Investment Technology Group has a market capitalization of $1.00 billion and generates $483.69 million in revenue each year. The financial services provider earns $-39,440,000.00 in net income (profit) each year or $0.30 on an earnings per share basis. Investment Technology Group employs 934 workers across the globe.

The official website for Investment Technology Group is http://www.itg.com.

Investment Technology Group's mailing address is 165 BROADWAY, NEW YORK NY, 10006. The financial services provider can be reached via phone at 212-588-4000 or via email at [email protected]