i3 Verticals (NASDAQ:IIIV) Updates FY 2026 Earnings Guidance

i3 Verticals (NASDAQ:IIIV) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.080-1.120 for the period, compared to the consensus earnings per share estimate of 1.040. The company issued revenue guidance of $216.0 million-$221.0 million, compared to the consensus revenue estimate of $223.9 million.

Analysts Set New Price Targets

IIIV has been the topic of several recent research reports. DA Davidson lowered their target price on shares of i3 Verticals from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Benchmark reduced their target price on shares of i3 Verticals from $39.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. Weiss Ratings raised shares of i3 Verticals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Finally, Cantor Fitzgerald dropped their price objective on shares of i3 Verticals from $30.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $29.83.

i3 Verticals Trading Down 2.1%

NASDAQ IIIV traded down $0.47 on Thursday, reaching $21.96. 399,555 shares of the company were exchanged, compared to its average volume of 250,963. The business’s fifty day moving average price is $20.69 and its 200 day moving average price is $21.50. The stock has a market capitalization of $613.34 million, a P/E ratio of 31.37 and a beta of 0.83. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.18. i3 Verticals has a fifty-two week low of $18.47 and a fifty-two week high of $33.97.

i3 Verticals (NASDAQ:IIIV) last issued its earnings results on Thursday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.25. i3 Verticals had a return on equity of 4.19% and a net margin of 8.59%.The company had revenue of $53.07 million during the quarter, compared to analysts’ expectations of $54.99 million. i3 Verticals has set its FY 2026 guidance at 1.080-1.120 EPS. Analysts forecast that i3 Verticals will post 0.66 earnings per share for the current year.

Insider Activity

In other news, CEO Gregory S. Daily acquired 50,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average cost of $19.23 per share, for a total transaction of $961,500.00. Following the completion of the transaction, the chief executive officer owned 50,000 shares in the company, valued at approximately $961,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 60.09% of the company’s stock.

Institutional Trading of i3 Verticals

Hedge funds and other institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC lifted its holdings in i3 Verticals by 8,259.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock valued at $46,000 after acquiring an additional 1,817 shares during the last quarter. BNP Paribas Financial Markets raised its position in i3 Verticals by 65.5% in the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after purchasing an additional 870 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of i3 Verticals by 229.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,220 shares of the company’s stock valued at $61,000 after purchasing an additional 1,547 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of i3 Verticals in the 3rd quarter valued at $75,000. Finally, Johnson Financial Group Inc. acquired a new position in shares of i3 Verticals in the 3rd quarter valued at $79,000. Institutional investors and hedge funds own 84.22% of the company’s stock.

i3 Verticals Company Profile

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.