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: $735.18 million
  • Outstanding Shares: 33,147,000
Average Prices:
  • 50 Day Moving Avg: $21.42
  • 200 Day Moving Avg: $20.46
  • 52 Week Range: $15.04 - $22.43
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 15.40
  • P/E Growth: 0.21
Sales & Book Value:
  • Annual Revenue: $460.56 million
  • Price / Sales: 1.60
  • Book Value: $12.16 per share
  • Price / Book: 1.82
Dividend:
  • Annual Dividend: $0.28
  • Dividend Yield: 1.3%
Profitability:
  • Net Margins: -3.89%
  • Return on Equity: 1.73%
  • Return on Assets: 0.77%
Debt:
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 1.46%
  • Quick Ratio: 1.45%
Misc:
  • Average Volume: 142,443 shs.
  • Beta: 1.43
  • Short Ratio: 5.6
 
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 announced a quarterly dividend on Thursday, May 18th. Investors of record on Tuesday, May 30th will be paid a dividend of $0.07 per share on Thursday, June 15th. This represents a $0.28 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Thursday, May 25th. View Investment Technology Group's Dividend History.

How were Investment Technology Group's earnings last quarter?

Investment Technology Group, Inc. (NYSE:ITG) released its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.08. The company had revenue of $120.80 million for the quarter, compared to analyst estimates of $120.10 million. Investment Technology Group had a positive return on equity of 1.73% and a negative net margin of 3.89%. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.05 EPS. View Investment Technology Group's Earnings History.

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

2 brokerages have issued twelve-month target prices for Investment Technology Group's stock. Their predictions range from $17.00 to $20.00. On average, they expect Investment Technology Group's stock price to reach $18.50 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 a variety of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (0.15%), Shell Asset Management Co. (0.13%), Alpha Windward LLC (0.07%), Louisiana State Employees Retirement System (0.04%), Public Employees Retirement Association of Colorado (0.04%) and Capstone Asset Management Co. (0.03%). Company insiders that own Investment Technology Group stock include Angelo Bulone, James P Selway III, Michael Marrale, R Jarrett Lilien, T Kelley Millet and William S Geyer. View Institutional Ownership Trends for Investment Technology Group.

Who sold Investment Technology Group stock? Who is selling Investment Technology Group stock?

Investment Technology Group's stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, Capstone Asset Management Co. and Louisiana State Employees Retirement System. View Insider Buying and Selling 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 Alpha Windward LLC, Russell Investments Group Ltd. and State of Alaska Department of Revenue. Company insiders that have bought Investment Technology Group stock in the last two years include James P Selway III, R Jarrett Lilien, T Kelley Millet and William S Geyer. 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 $22.18.


MarketBeat Community Rating for Investment Technology Group (NYSE ITG)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  103 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  231
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: $18.50 (16.59% downside)

Analysts' Ratings History for Investment Technology Group (NYSE:ITG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
9/9/2015Evercore ISILower Price TargetBuy$24.00 -> $19.00N/AView Rating Details
(Data available from 7/26/2015 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
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: $0.73 EPS
Next Year EPS Consensus Estimate: $1.44 EPS

Dividends

Current Dividend Information for Investment Technology Group (NYSE:ITG)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.28
Dividend Yield:1.26%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-50.00% (Trailing 12 Months of Earnings)
38.36% (Based on This Year's Estimates)
19.44% (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
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: 87.20%
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

Headline Trends for Investment Technology Group (NYSE:ITG)
Latest Headlines for Investment Technology Group (NYSE:ITG)
Source:
DateHeadline
finance.yahoo.com logoITG Rolls Out New Triton Features Ahead of MiFID II
finance.yahoo.com - July 25 at 12:28 AM
americanbankingnews.com logoInvestment Technology Group, Inc. (NYSE:ITG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 24 at 7:16 PM
americanbankingnews.com logoZacks Investment Research Lowers Investment Technology Group, Inc. (ITG) to Hold
www.americanbankingnews.com - July 19 at 12:52 AM
americanbankingnews.com logoInvestment Technology Group, Inc. (ITG) Lifted to "Strong-Buy" at Zacks Investment Research
www.americanbankingnews.com - July 18 at 12:26 AM
finance.yahoo.com logoITG Launches Fixed Income TCA
finance.yahoo.com - July 17 at 8:14 AM
finance.yahoo.com logoITG to Announce Second Quarter 2017 Results
finance.yahoo.com - July 14 at 4:33 AM
finance.yahoo.com logoITG Releases June 2017 U.S. Trading Volume
finance.yahoo.com - July 12 at 12:08 AM
finance.yahoo.com logoMOVES-Michael Onofrio joins ITG's U.S. electronic coverage team
finance.yahoo.com - July 6 at 6:46 AM
americanbankingnews.com logoZacks: Brokerages Expect Investment Technology Group, Inc. (ITG) to Announce $0.19 EPS
www.americanbankingnews.com - June 30 at 2:07 PM
americanbankingnews.com logoInvestment Technology Group, Inc. (ITG) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 27 at 11:28 PM
nasdaq.com logoYieldBoost ITG To 11.5% Using Options
www.nasdaq.com - June 22 at 11:11 PM
americanbankingnews.com logoCritical Review: Piper Jaffray Companies (PJC) and Investment Technology Group (ITG)
www.americanbankingnews.com - June 12 at 10:48 AM
finance.yahoo.com logoITG Releases May 2017 U.S. Trading Volume
finance.yahoo.com - June 7 at 10:01 AM
americanbankingnews.com logo Brokerages Expect Investment Technology Group (ITG) to Post $0.19 Earnings Per Share
www.americanbankingnews.com - June 6 at 12:36 PM
americanbankingnews.com logoInvestment Technology Group (ITG) Raised to Hold at ValuEngine
www.americanbankingnews.com - June 4 at 10:38 AM
finance.yahoo.com logoITG to Present at Sandler O’Neill Global Exchange and Brokerage Conference
finance.yahoo.com - May 26 at 6:45 PM
finance.yahoo.com logoInvestment Technology Group, Inc. breached its 50 day moving average in a Bullish Manner : ITG-US : May 26, 2017
finance.yahoo.com - May 26 at 6:45 PM
finance.yahoo.com logoRobbins Arroyo LLP: Investment Technology Group, Inc. (ITG) Misled Shareholders According to Class Action
finance.yahoo.com - May 24 at 5:56 PM
finance.yahoo.com logoTrading Matters: New ITG Survey of Canadian Trading Professionals
finance.yahoo.com - May 24 at 11:26 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Announces Quarterly Dividend of $0.07
www.americanbankingnews.com - May 18 at 8:38 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Investment Technology Group, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - May 16 at 5:53 PM
finance.yahoo.com logoMOVES-ITG names new director in global portfolio trading team
finance.yahoo.com - May 16 at 10:58 AM
finance.yahoo.com logoMOVES-JPMorgan, ITG, Nomura Asset Management UK, Hamilton Lane
finance.yahoo.com - May 16 at 10:58 AM
finance.yahoo.com logoETFs with exposure to Investment Technology Group, Inc. : May 11, 2017
finance.yahoo.com - May 11 at 6:35 PM
americanbankingnews.com logo Brokerages Expect Investment Technology Group (ITG) Will Post Earnings of $0.15 Per Share
www.americanbankingnews.com - May 10 at 8:24 PM
finance.yahoo.com logoInvestment Technology Group, Inc. :ITG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 12:20 PM
finance.yahoo.com logoITG Releases April 2017 U.S. Trading Volume
finance.yahoo.com - May 8 at 8:01 AM
benzinga.com logoFintech's Challenge Moving Forward: Startup Survival
www.benzinga.com - May 5 at 11:00 PM
americanbankingnews.com logoInvestment Technology Group (ITG) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 5 at 12:46 AM
finance.yahoo.com logoEdited Transcript of ITG earnings conference call or presentation 3-May-17 12:00pm GMT
finance.yahoo.com - May 4 at 6:09 PM
reuters.com logoBRIEF-ITG Q1 gaap earnings per share $0.16
www.reuters.com - May 4 at 11:45 AM
rttnews.com logoEARNINGS SUMMARY: Details of Investment Technology Group Inc. Q1 Earnings Report
www.rttnews.com - May 4 at 11:45 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Earning Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - May 4 at 1:23 AM
finance.yahoo.com logoITG Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 10:33 PM
americanbankingnews.com logoInvestment Technology Group (ITG) Issues Earnings Results, Beats Estimates By $0.08 EPS
www.americanbankingnews.com - May 3 at 7:58 PM
marketbeat.com logoInvestment Technology posts 1Q profit
marketbeat.com - May 3 at 7:22 AM
americanbankingnews.com logoVery Favorable Press Coverage Unlikely to Affect Investment Technology Group (ITG) Share Price
www.americanbankingnews.com - April 28 at 8:06 AM
americanbankingnews.com logo$0.10 EPS Expected for Investment Technology Group (ITG) This Quarter
www.americanbankingnews.com - April 27 at 12:16 AM
reuters.com logoExclusive: ITG's Selway eyed to run markets division at U.S. SEC - sources
www.reuters.com - April 25 at 5:28 PM
finance.yahoo.com logoInvestment Technology Group's Selway Front Runner to Lead SEC Trading, Markets Unit
finance.yahoo.com - April 25 at 5:28 PM
finance.yahoo.com logoITG to Offer Conditional Orders for POSIT Alert in Europe
finance.yahoo.com - April 25 at 10:38 AM
finance.yahoo.com logoInvestment Technology Group, Inc. breached its 50 day moving average in a Bullish Manner : ITG-US : April 25, 2017
finance.yahoo.com - April 25 at 10:38 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Receives Media Sentiment Rating of 0.52
www.americanbankingnews.com - April 25 at 10:07 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Earns Daily Media Impact Score of 0.22
www.americanbankingnews.com - April 21 at 10:10 PM
americanbankingnews.com logoInvestment Technology Group (ITG) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - April 20 at 12:04 AM
finance.yahoo.com logoShould You Get Rid of Investment Technology Group (ITG) Now?
finance.yahoo.com - April 18 at 10:57 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Getting Very Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 14 at 11:20 AM
americanbankingnews.com logoInvestment Technology Group (ITG) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - April 13 at 12:40 AM
finance.yahoo.com logoONEaccess and ITG Offer Investors an Integrated MiFID II Solution
finance.yahoo.com - April 12 at 8:59 AM
finance.yahoo.com logoITG Releases March 2017 U.S. Trading Volume
finance.yahoo.com - April 10 at 10:57 AM

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Chart

Investment Technology Group (ITG) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff