NYSE:ITG - Investment Technology Group Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $30.13 -0.01 (-0.03 %) (As of 01/17/2019 11:22 AM ET)Previous Close$30.13Today's Range$30.11 - $30.1452-Week Range$19.01 - $30.28Volume21,338 shsAverage Volume601,696 shsMarket Capitalization$994.87 millionP/E Ratio100.42Dividend Yield0.93%Beta0.9 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Investment Technology Group, Inc. operates as a financial technology company in the United States, Canada, Europe, and the Asia Pacific. The company offers various solutions for asset managers and broker-dealers in the areas of execution services, workflow technology, and analytics that provide trade execution services and solutions for portfolio management, as well as pre-trade analytics, and post-trade analytics and processing. The company's products include POSIT, a point-in-time electronic crossing network for equity orders and price improvement opportunities; algorithms and smart order routers that offers portfolio managers and traders a way to trade orders; and single stock and portfolio trading, as well as derivatives execution and technology services focusing on sell-side clients, professional traders, and select hedge funds. It also provides Execution Management System, which offers execution and analytical tools for global list-based and single-stock trading, futures and options, and a financial services communications network; and Order Management System that combines portfolio management and compliance functionality. In addition, the company provides ITG Net, a financial communications network; RFQ-hub, a multi-asset platform for financial instruments; Single Ticket Clearing, a broker-neutral operational service; and Commission Manager, a Web-based commission management portal. Further, it offers Trading Analytics, which enables portfolio managers and traders to enhance execution performance through trading analytics and risk models; and Portfolio Analytics that assists asset managers with portfolio decision-making tasks from portfolio construction and optimization. Additionally, the company provides software development and maintenance services; and workflow technology solutions and network connectivity services for the financial community. Investment Technology Group, Inc. was founded in 1983 and is headquartered in New York, New York. Receive ITG News and Ratings via Email Sign-up to receive the latest news and ratings for ITG and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Security brokers & dealers Sub-IndustryInvestment Banking & Brokerage SectorFinance Current SymbolNYSE:ITG Previous Symbol CUSIP46145F10 Webwww.itg.com Phone212-588-4000Debt Debt-to-Equity Ratio0.01 Current Ratio1.38 Quick Ratio1.37Price-To-Earnings Trailing P/E Ratio100.42 Forward P/E Ratio29.83 P/E GrowthN/A Sales & Book Value Annual Sales$483.69 million Price / Sales2.06 Cash Flow$1.6786 per share Price / Cash Flow17.95 Book Value$10.99 per share Price / Book2.74Profitability EPS (Most Recent Fiscal Year)$0.30 Net Income$-39,440,000.00 Net Margins-0.17% Return on Equity7.85% Return on Assets3.32%Miscellaneous Employees934 Outstanding Shares33,030,000Market Cap$994.87 million OptionableOptionable Investment Technology Group (NYSE:ITG) Frequently Asked Questions 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, November 15th. Stockholders of record on Tuesday, November 27th will be given a dividend of $0.07 per share on Monday, December 17th. This represents a $0.28 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Monday, November 26th. View Investment Technology Group's Dividend History. How will Investment Technology Group's stock buyback program work? Investment Technology Group declared that its board has initiated a stock buyback program on Friday, February 16th 2018, which authorizes the company to buyback 4,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued. How were Investment Technology Group's earnings last quarter? Investment Technology Group (NYSE:ITG) issued its quarterly earnings results on Wednesday, November, 7th. The financial services provider reported $0.16 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.02. The financial services provider earned $120.77 million during the quarter, compared to the consensus estimate of $119.97 million. Investment Technology Group had a negative net margin of 0.17% and a positive return on equity of 7.85%. View Investment Technology Group's Earnings History. When is Investment Technology Group's next earnings date? Investment Technology Group is scheduled to release their next quarterly earnings announcement on Tuesday, January 29th 2019. View Earnings Estimates for Investment Technology Group. What price target have analysts set for ITG? 3 analysts have issued 1-year price targets 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 twelve months. This suggests that the stock has a possible downside of 17.0%. View Analyst Price Targets for Investment Technology Group. What is the consensus analysts' recommendation 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. Has Investment Technology Group been receiving favorable news coverage? Media coverage about ITG stock has been trending positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Investment Technology Group earned a daily sentiment score of 2.6 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the company's share price in the next several days. Are investors shorting Investment Technology Group? Investment Technology Group saw a increase in short interest during the month of December. As of December 14th, there was short interest totalling 1,097,214 shares, an increase of 45.1% from the November 30th total of 756,175 shares. Based on an average daily volume of 631,111 shares, the days-to-cover ratio is currently 1.7 days. Currently, 3.5% of the company's stock are short sold. View Investment Technology Group's Current Options Chain. Who are some of Investment Technology Group's key competitors? Some companies that are related to Investment Technology Group include Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Associated Capital Group (AC), Greenhill & Co., Inc. (GHL), Freedom (FRHC), Gamco Investors (GBL), Cowen (COWN), Oppenheimer (OPY), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC) and Gleacher & Co. Ltd. (GLCH). Who are Investment Technology Group's key executives? Investment Technology Group's management team includes the folowing people: Mr. Francis Joseph Troise, CEO, Pres & Director (Age 53)Mr. Steven Richard Vigliotti, MD, CFO & Chief Admin. Officer (Age 51)Mr. Robert J. Boardman, MD & CEO of European Operations (Age 51)Mr. Etienne Phaneuf, MD & CEO of Canada Operations (Age 45)Mr. Brian Pomraning, MD & Global Head of Product Management (Age 44) Who are Investment Technology Group's major shareholders? Investment Technology Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.04%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Investment Technology Group stock include Francis J Troise and Timothy Jones. View Institutional Ownership Trends for Investment Technology Group. Which major investors are selling Investment Technology Group stock? ITG stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. 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. Which major investors are buying Investment Technology Group stock? ITG stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. View Insider Buying and Selling for Investment Technology Group. How do I buy shares of 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. What is Investment Technology Group's stock price today? One share of ITG stock can currently be purchased for approximately $30.13. How big of a company is Investment Technology Group? Investment Technology Group has a market capitalization of $994.87 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. What is Investment Technology Group's official website? The official website for Investment Technology Group is http://www.itg.com. How can I contact Investment Technology Group? 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] MarketBeat Community Rating for Investment Technology Group (NYSE ITG)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 202 (Vote Outperform)Underperform Votes: 230 (Vote Underperform)Total Votes: 432MarketBeat's community ratings are surveys of what our community members think about Investment Technology Group and other stocks. Vote "Outperform" if you believe ITG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ITG will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/17/2019 by MarketBeat.com StaffFeatured Article: What Factors Can Affect Return on Equity?