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

i3 Verticals (NASDAQ:IIIV) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.080-1.120 for the period, compared to the consensus 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.

Analyst Upgrades and Downgrades

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

i3 Verticals Price Performance

Shares of i3 Verticals stock opened at $17.47 on Friday. The firm has a market cap of $487.94 million, a PE ratio of 45.97 and a beta of 0.83. The stock has a 50 day moving average of $20.63 and a 200 day moving average of $21.47. 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 12 month low of $17.03 and a 12 month high of $33.97.

i3 Verticals (NASDAQ:IIIV) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. i3 Verticals had a return on equity of 4.30% and a net margin of 4.24%.The business had revenue of $57.52 million for the quarter, compared to the consensus estimate of $57.51 million. On average, research analysts expect that i3 Verticals will post 0.66 EPS for the current fiscal year.

Insider Transactions at i3 Verticals

In other i3 Verticals news, CEO Gregory S. Daily purchased 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of $19.23 per share, with a total value of $961,500.00. Following the completion of the purchase, the chief executive officer directly owned 50,000 shares in the company, valued at $961,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 60.09% of the stock is currently owned by insiders.

Institutional Trading of i3 Verticals

Several hedge funds have recently made changes to their positions in IIIV. Punch & Associates Investment Management Inc. increased its stake in i3 Verticals by 1.4% during the third quarter. Punch & Associates Investment Management Inc. now owns 777,477 shares of the company’s stock worth $25,237,000 after acquiring an additional 10,834 shares during the last quarter. State Street Corp lifted its stake in shares of i3 Verticals by 4.3% in the 4th quarter. State Street Corp now owns 707,344 shares of the company’s stock valued at $17,818,000 after purchasing an additional 29,482 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of i3 Verticals by 3.9% in the 2nd quarter. Raymond James Financial Inc. now owns 580,373 shares of the company’s stock valued at $15,949,000 after purchasing an additional 21,568 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of i3 Verticals by 2.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 566,086 shares of the company’s stock valued at $18,376,000 after purchasing an additional 11,433 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of i3 Verticals by 4.3% in the 4th quarter. Russell Investments Group Ltd. now owns 306,983 shares of the company’s stock worth $7,733,000 after purchasing an additional 12,694 shares during the period. 84.22% of the stock is currently owned by hedge funds and other institutional investors.

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.