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, August 3rd. Investors of record on Tuesday, August 21st will be paid a dividend of $0.07 per share on Monday, September 17th. This represents a $0.28 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Monday, August 20th. View Investment Technology Group's Dividend History.

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

Investment Technology Group (NYSE:ITG) announced its earnings results on Wednesday, August, 8th. The financial services provider reported $0.27 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.01. The financial services provider had revenue of $128.50 million for the quarter, compared to analyst estimates of $126.40 million. Investment Technology Group had a positive return on equity of 5.29% and a negative net margin of 9.58%. The company's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company earned $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 Wednesday, November, 7th 2018. View Earnings Estimates for Investment Technology Group.

3 equities research analysts have issued 12 month target prices for Investment Technology Group's stock. Their forecasts range from $21.00 to $25.00. On average, they anticipate Investment Technology Group's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. 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.

Some companies that are related to Investment Technology Group include Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Greenhill & Co., Inc. (GHL), Oppenheimer (OPY), Cowen Inc Class A (COWN), 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).

News coverage about ITG stock has trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Investment Technology Group earned a media and rumor sentiment score of 0.12 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 47.53 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Investment Technology Group.

Investment Technology Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.48%), Fuller & Thaler Asset Management Inc. (5.51%), Bank of New York Mellon Corp (5.48%), Dimensional Fund Advisors LP (4.73%), FMR LLC (3.32%) and Renaissance Technologies LLC (1.43%). View Institutional Ownership Trends for Investment Technology Group.

ITG stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Putnam Investments LLC, Fuller & Thaler Asset Management Inc., Russell Investments Group Ltd., BlueMountain Capital Management LLC, California Public Employees Retirement System, Bank of America Corp DE and Bank of New York Mellon Corp. View Insider Buying and Selling for Investment Technology Group.

ITG stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, KBC Group NV, Point72 Asset Management L.P., Renaissance Technologies LLC, Stevens Capital Management LP, Dynamic Technology Lab Private Ltd and Engineers Gate Manager LP. 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 $22.14.

Investment Technology Group has a market capitalization of $761.06 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]