NYSE:ITG - Investment Technology Group Stock Price, Price Target & More

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

Investment Technology Group announced a quarterly dividend on Thursday, May 17th. Stockholders of record on Wednesday, May 30th will be paid a dividend of $0.07 per share on Friday, June 15th. This represents a $0.28 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Tuesday, May 29th. View Investment Technology Group's Dividend History.

Investment Technology Group announced that its Board of Directors has initiated a stock buyback program on Friday, February 16th 2018, which authorizes the company to buyback 4,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its shares are undervalued.

Investment Technology Group (NYSE:ITG) released its earnings results on Wednesday, May, 2nd. The financial services provider reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.13. The financial services provider earned $131.48 million during the quarter, compared to analysts' expectations of $130.17 million. Investment Technology Group had a negative net margin of 8.17% and a positive return on equity of 3.88%. Investment Technology Group's revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the company earned $0.16 earnings per share. View Investment Technology Group's Earnings History.

Investment Technology Group is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Investment Technology Group.

2 Wall Street analysts have issued 12 month price objectives for Investment Technology Group's shares. Their forecasts range from $21.00 to $21.00. On average, they anticipate Investment Technology Group's stock price to reach $21.00 in the next year. View Analyst Ratings for Investment Technology Group.

Some companies that are related to Investment Technology Group include Wisdom Tree Investments (WETF), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Greenhill & Co., Inc. (GHL), Cowen Inc Class A (COWN), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Global Arena (GAHC), Gleacher & Company Inc (GLCH), Capital Financial Holdings, Inc. Common Stock (CPFH) and Woodstock (WSFL).

Headlines about ITG stock have been trending positive this week, Accern Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Investment Technology Group earned a media sentiment score of 0.33 on Accern's scale. They also gave news stories about the financial services provider an impact score of 46.04 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Investment Technology Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.59%), Dimensional Fund Advisors LP (4.74%), Thrivent Financial for Lutherans (3.66%), Skyline Asset Management LP (2.93%), Principal Financial Group Inc. (0.77%) and Principal Financial Group Inc. (0.77%). View Institutional Ownership Trends for Investment Technology Group.

ITG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Russell Investments Group Ltd., Citadel Advisors LLC, GSA Capital Partners LLP, Millennium Management LLC, American Century Companies Inc., Wells Fargo & Company MN and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Investment Technology Group.

ITG stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Skyline Asset Management LP, BlackRock Inc., Stifel Financial Corp, UBS Group AG, Barclays PLC, Westpac Banking Corp and Highbridge Capital Management LLC. 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 $21.60.

Investment Technology Group has a market capitalization of $719.77 million 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.

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]