i3 Verticals (NASDAQ:IIIV) Issues Quarterly Earnings Results

i3 Verticals (NASDAQ:IIIV) released its quarterly earnings results on Thursday. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.05), Zacks reports. i3 Verticals had a return on equity of 3.88% and a net margin of 37.35%. i3 Verticals updated its FY 2025 guidance to 1.050-1.250 EPS.

i3 Verticals Price Performance

Shares of IIIV traded up $0.18 during mid-day trading on Thursday, hitting $25.68. The company’s stock had a trading volume of 205,267 shares, compared to its average volume of 271,044. The firm has a 50-day moving average price of $23.89 and a 200 day moving average price of $23.21. i3 Verticals has a fifty-two week low of $17.54 and a fifty-two week high of $26.66. The stock has a market capitalization of $861.31 million, a price-to-earnings ratio of 5.77 and a beta of 1.51.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on IIIV shares. Benchmark reiterated a “buy” rating and issued a $33.00 target price on shares of i3 Verticals in a research report on Tuesday, November 19th. Stephens reiterated an “overweight” rating and issued a $29.00 price objective on shares of i3 Verticals in a report on Tuesday, November 19th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $27.14.

Insider Activity at i3 Verticals

In other news, President Frederick Stanford sold 17,577 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $25.28, for a total transaction of $444,346.56. Following the completion of the sale, the president now directly owns 100,000 shares of the company’s stock, valued at $2,528,000. This represents a 14.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 59.07% of the company’s stock.

i3 Verticals Company Profile

i3 Verticals, Inc provides integrated payment and software solutions primarily to the public sector and healthcare markets in the United States. It operates in two segments, Software and Services, and Merchant Services. The company offers payment processing services that enables upper and lower court case management, collections, finance and accounting, motor vehicle and carrier registration, e-filing and taxation, license plate inventory, property tax management, utility billing, professional licensing, document workflow, and law enforcement software; assists public schools in completing payment processing functions, including accepting payments for online or at school lunches, and school activities.