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

i3 Verticals (NASDAQ:IIIV) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.090-1.150 for the period, compared to the consensus estimate of 1.040. The company issued revenue guidance of $221.0 million-$229.0 million, compared to the consensus revenue estimate of $227.8 million.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of i3 Verticals from $28.00 to $22.00 and set an “equal weight” rating for the company in a research note on Monday, February 9th. Weiss Ratings cut shares of i3 Verticals from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 9th. Benchmark restated a “buy” rating on shares of i3 Verticals in a research note on Monday, February 9th. DA Davidson reiterated a “buy” rating and set a $35.00 target price on shares of i3 Verticals in a research report on Monday, February 2nd. Finally, KeyCorp dropped their target price on shares of i3 Verticals from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Monday, February 9th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $33.20.

i3 Verticals Trading Up 4.1%

Shares of i3 Verticals stock traded up $0.91 during mid-day trading on Thursday, reaching $22.91. 340,277 shares of the stock were exchanged, compared to its average volume of 349,079. The company has a market cap of $698.30 million, a price-to-earnings ratio of 36.95 and a beta of 0.89. The firm has a 50-day simple moving average of $22.37 and a 200 day simple moving average of $24.55. i3 Verticals has a fifty-two week low of $19.89 and a fifty-two week high of $33.97.

i3 Verticals (NASDAQ:IIIV) last announced its earnings results 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 net margin of 7.33% and a return on equity of 4.32%. i3 Verticals has set its FY 2026 guidance at 1.090-1.150 EPS. On average, research analysts predict that i3 Verticals will post 0.67 EPS for the current fiscal year.

Insider Activity

In other i3 Verticals news, CRO Paul Christians sold 6,122 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $23.23, for a total transaction of $142,214.06. Following the sale, the executive owned 31,250 shares of the company’s stock, valued at $725,937.50. This represents a 16.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 60.09% of the stock is owned by company insiders.

Institutional Investors Weigh In On i3 Verticals

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV acquired a new stake in shares of i3 Verticals during the 3rd quarter worth approximately $298,000. &PARTNERS grew its position in shares of i3 Verticals by 44.4% during the 4th quarter. &PARTNERS now owns 11,996 shares of the company’s stock worth $297,000 after buying an additional 3,689 shares during the period. Empowered Funds LLC raised its position in shares of i3 Verticals by 28.3% in the 4th quarter. Empowered Funds LLC now owns 11,348 shares of the company’s stock valued at $286,000 after acquiring an additional 2,503 shares during the period. The Manufacturers Life Insurance Company boosted its stake in i3 Verticals by 4.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,619 shares of the company’s stock worth $237,000 after acquiring an additional 402 shares during the last quarter. Finally, AQR Capital Management LLC bought a new position in i3 Verticals during the 1st quarter worth approximately $209,000. 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.