What is Maxim Group’s Forecast for ITRN Q2 Earnings?

Ituran Location and Control Ltd. (NASDAQ:ITRN) – Investment analysts at Maxim Group issued their Q2 2026 earnings per share estimates for shares of Ituran Location and Control in a research note issued on Wednesday, May 27th. Maxim Group analyst A. Klee expects that the industrial products company will earn $0.86 per share for the quarter. Maxim Group currently has a “Buy” rating and a $70.00 target price on the stock. Maxim Group also issued estimates for Ituran Location and Control’s Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $3.50 EPS, Q1 2027 earnings at $0.97 EPS, Q2 2027 earnings at $0.99 EPS, Q3 2027 earnings at $1.00 EPS, Q4 2027 earnings at $1.03 EPS and FY2027 earnings at $4.00 EPS.

ITRN has been the subject of several other research reports. Loop Capital set a $57.00 target price on Ituran Location and Control in a research note on Monday, March 9th. Wall Street Zen cut Ituran Location and Control from a “strong-buy” rating to a “buy” rating in a research report on Monday. Barclays lifted their price target on Ituran Location and Control from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, March 5th. UBS Group restated a “buy” rating on shares of Ituran Location and Control in a research note on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ituran Location and Control in a research note on Friday, March 27th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $60.67.

Ituran Location and Control Trading Up 1.6%

Shares of ITRN stock opened at $64.88 on Friday. The stock has a 50-day moving average of $55.46 and a 200-day moving average of $48.08. Ituran Location and Control has a 1-year low of $32.71 and a 1-year high of $66.44. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 21.41 and a beta of 0.73.

Ituran Location and Control (NASDAQ:ITRN) last posted its earnings results on Tuesday, May 26th. The industrial products company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.80 by $0.05. The firm had revenue of $102.67 million during the quarter, compared to the consensus estimate of $95.32 million. Ituran Location and Control had a return on equity of 27.70% and a net margin of 16.03%.

Institutional Investors Weigh In On Ituran Location and Control

Institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its holdings in Ituran Location and Control by 257.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 629 shares of the industrial products company’s stock worth $27,000 after buying an additional 453 shares during the period. Global Retirement Partners LLC increased its position in Ituran Location and Control by 50.1% during the 4th quarter. Global Retirement Partners LLC now owns 656 shares of the industrial products company’s stock valued at $28,000 after buying an additional 219 shares in the last quarter. Advisory Services Network LLC bought a new position in Ituran Location and Control during the 3rd quarter valued at approximately $28,000. Jones Financial Companies Lllp increased its holdings in shares of Ituran Location and Control by 327.2% in the 1st quarter. Jones Financial Companies Lllp now owns 1,226 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 939 shares in the last quarter. Finally, National Bank of Canada FI bought a new stake in shares of Ituran Location and Control in the 3rd quarter worth $53,000. Hedge funds and other institutional investors own 94.80% of the company’s stock.

Ituran Location and Control Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 24th will be issued a dividend of $0.50 per share. The ex-dividend date is Wednesday, June 24th. This represents a $2.00 annualized dividend and a yield of 3.1%. Ituran Location and Control’s dividend payout ratio is currently 198.02%.

More Ituran Location and Control News

Here are the key news stories impacting Ituran Location and Control this week:

• Positive Sentiment: Ituran’s recent Q1 2026 results beat expectations, with EPS and revenue both coming in ahead of consensus, supporting the stock’s recent strength. Ituran Location and Control Ltd. (NASDAQ:ITRN) Q1 2026 Earnings Call Transcript
• Positive Sentiment: A recent article highlighted that Ituran’s stock jumped after the company increased its dividend and expanded share buybacks, a shareholder-friendly move that can boost investor sentiment. Why Ituran Location and Control (ITRN) Is Up 7.8% After Dividend Hike And Buyback Expansion
• Positive Sentiment: Seeking Alpha noted that the strong Q1 results, growing recurring revenue, subscriber gains, and solid cash generation keep the buy thesis intact for ITRN. Ituran’s Strong Q1 Results Keep The Buy Case Alive
• Positive Sentiment: Maxim Group issued optimistic forward EPS estimates for fiscal 2026 and 2027 and maintained a Buy rating with a $70 target, suggesting expectations for continued earnings growth.
• Neutral Sentiment: Short-interest data showed no meaningful borrowable shares reported, so it does not appear to be a major near-term trading catalyst.

About Ituran Location and Control

Ituran Location and Control Ltd. is a provider of wireless vehicle tracking and stolen vehicle recovery services. The company leverages a combination of cellular and global positioning system (GPS) technologies to offer real-time monitoring and location-based solutions for private vehicle owners, fleet operators and insurance companies. Its core offerings include subscription-based tracking devices, centralized control centers and software platforms that enable clients to detect unauthorized vehicle use, dispatch recovery teams and manage fleet logistics.

Founded in 1994 in Israel, Ituran pioneered the use of wireless communications for security and telematics applications.