i3 Verticals (NASDAQ:IIIV) Releases Earnings Results, Misses Expectations By $0.05 EPS

i3 Verticals (NASDAQ:IIIV) released its quarterly earnings results on Thursday. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates 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 Stock Performance

i3 Verticals stock traded up $0.18 during midday trading on Thursday, reaching $25.68. The stock had a trading volume of 205,267 shares, compared to its average volume of 271,044. The firm’s fifty day simple moving average is $23.89 and its 200-day simple moving average is $23.21. i3 Verticals has a 1-year low of $17.54 and a 1-year high of $26.66. The stock has a market capitalization of $861.31 million, a P/E ratio of 5.77 and a beta of 1.51.

Analyst Ratings Changes

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

Insider Activity at i3 Verticals

In related news, President Frederick Stanford sold 17,577 shares of i3 Verticals stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $25.28, for a total value of $444,346.56. Following the sale, the president now owns 100,000 shares of the company’s stock, valued at approximately $2,528,000. This trade represents a 14.95 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 59.07% of the stock is owned by insiders.

About i3 Verticals

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.