i3 Verticals (IIIV) Stock Insights
IIIV$16.97+0.07 +0.39%
$405.45M
Market Cap
41.90
P/E
13.91
Forward P/E
—
Score
i3 Verticals (IIIV) Stock Insights
IIIV price $16.97 +0.07 +0.39%
- Ticker
- IIIV
- Price
- $16.97
- Change
- +0.07 +0.39%
- Market cap ?
- $405.45M
- P/E ?
- 41.90
- Forward P/E ?
- 13.91
- Dividend yield ?
- 0.00%
- Beta ?
- 0.78
- Sector
- Technology
- Industry
- Software - Infrastructure
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 199644000 | 262571000 | 323508000 | 376307000 | 150134000 | 224124000 | 187752000 | 189681000 | 229923000 | 213158000 |
i3 Verticals, Inc. (IIIV) delivers comprehensive payment and software solutions, catering to the operational needs of small and medium-sized businesses, as well as various organizations within the education, non-profit, public sector, and healthcare industries across the United States. The company's operations are divided into two primary divisions: Merchant Services, and Proprietary Software and Payments. Through…
Fair value
IIIV fair value $29.79. Price $16.97. Price is 43% below fair value.
Above fair value, around its usual premium.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 49.93M. Growth 0.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 23.90M. Net debt -58.92M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-16 | — | 0.27 | — | 54.45M |
| 2026-08-06 | 0.25 | 0.25 | 53.10M | 54.99M |
| 2026-05-07 | 0.32 | 0.30 | 57.50M | 57.51M |
| 2026-02-05 | 0.26 | 0.23 | 52.70M | 52.18M |
| 2025-11-17 | 0.27 | 0.26 | 54.90M | 53.68M |
| 2025-08-07 | 0.23 | 0.21 | 51.90M | 53.68M |
| 2025-05-08 | 0.32 | 0.30 | 63.06M | 64.12M |
| 2025-02-06 | 0.31 | 0.28 | 61.69M | 58.79M |
| 2024-11-18 | 0.15 | 0.17 | 60.86M | 64.65M |
| 2024-08-08 | 0.07 | 0.35 | 56.04M | 78.73M |
| 2024-05-10 | 0.34 | 0.36 | 94.54M | 97.89M |
| 2024-02-08 | 0.36 | 0.38 | 55.05M | 101.53M |
| 2023-11-15 | 0.40 | 0.41 | 96.41M | 97.96M |
| 2023-08-08 | 0.38 | 0.38 | 93.93M | 99.18M |
| 2023-05-09 | 0.38 | 0.38 | 93.87M | 93.89M |
| 2023-02-08 | 0.37 | 0.36 | 86.03M | 87.73M |
| 2022-11-16 | 0.39 | 0.36 | 85.25M | 80.00M |
| 2022-08-08 | 0.37 | 0.36 | 80.55M | 77.62M |
| 2022-05-09 | 0.37 | 0.35 | 78.12M | 71.94M |
| 2022-02-08 | 0.35 | 0.33 | 73.94M | 70.00M |
| 2021-11-17 | 0.33 | 0.29 | 67.18M | 65.26M |
| 2021-08-09 | 0.26 | 0.28 | 61.96M | 56.11M |
| 2021-05-10 | 0.23 | 0.22 | 47.86M | 43.30M |
| 2021-02-08 | 0.22 | 0.22 | 43.31M | 41.25M |
| 2020-11-19 | 0.20 | 0.18 | 38.27M | 34.02M |
| 2020-08-10 | 0.13 | 0.08 | 31.57M | 29.30M |
| 2020-05-07 | 0.20 | 0.21 | 39.18M | 35.26M |
| 2020-02-10 | 0.24 | 0.23 | 41.11M | 39.40M |
| 2019-11-21 | 0.24 | 0.22 | 108.56M | 99.52M |
| 2019-08-08 | 0.20 | 0.19 | 97.48M | 92.61M |
| 2019-05-13 | 0.20 | 0.19 | 85.39M | 81.12M |
| 2019-02-13 | 0.20 | 0.20 | 84.87M | 84.87M |
| 2018-11-28 | 0.19 | 0.18 | 84.05M | 79.63M |
| 2018-08-09 | 0.14 | 0.12 | 84.54M | 70.45M |
| 2018-06-21 | -0.84 | — | 77.70M | — |
| 2017-12-31 | -0.04 | — | 77.22M | — |
| 2017-09-30 | 0.05 | — | 71.78M | — |
| 2017-06-30 | 0.11 | — | 66.33M | — |
| 2017-03-31 | 0.01 | — | 62.13M | — |
| 2016-12-31 | -0.05 | — | 62.33M | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2028-06-25 | BERTKE ROBERT | Buy | 34.87K | $0.00 | 3 |
| 2026-09-20 | SMITH GEOFFREY C. | Sell | 1.48K | $14.78 | 21.82K |
| 2026-05-14 | DAILY GREGORY S | Buy | 50.00K | $19.23 | 961.50K |
| 2026-03-06 | CHRISTIANS PAUL | Sell | 6.12K | $23.23 | 142.21K |
| 2026-02-11 | STANFORD FREDERICK | Sell | 4.63K | $21.88 | 101.22K |
| 2026-02-11 | MAPLE PAUL | Sell | 3.35K | $21.88 | 73.28K |
| 2026-02-11 | WHITSON CLAY M | Sell | 4.34K | $21.88 | 94.89K |
| 2026-02-11 | SMITH GEOFFREY C. | Sell | 4.34K | $21.88 | 94.92K |
| 2026-02-11 | CHRISTIANS PAUL | Sell | 3.88K | $21.88 | 84.85K |
| 2026-02-11 | LAISURE CHRISTOPHER | Sell | 2.46K | $21.88 | 53.74K |
| 2026-02-10 | STANFORD FREDERICK | Buy | 180.00K | $23.09 | 4.16M |
| 2026-02-10 | MAPLE PAUL | Buy | 135.00K | $23.09 | 3.12M |
| 2026-02-10 | WILDS DAVID M | Buy | 6.50K | — | — |
| 2026-02-10 | WHITSON CLAY M | Buy | 180.00K | $23.09 | 4.16M |
| 2026-02-10 | MCKENNA TIMOTHY | Buy | 6.50K | — | — |
| 2026-02-10 | SMITH GEOFFREY C. | Buy | 180.00K | $23.09 | 4.16M |
| 2026-02-10 | COURTNEY ELIZABETH S. | Buy | 6.50K | — | — |
| 2026-02-10 | HARRISON JOHN C. | Buy | 6.50K | — | — |
| 2026-02-10 | CHRISTIANS PAUL | Buy | 135.00K | $23.09 | 3.12M |
| 2026-02-10 | LAISURE CHRISTOPHER | Buy | 135.00K | $23.09 | 3.12M |
| 2026-02-10 | MORGAN DAVID K. | Buy | 6.50K | — | — |
| 2026-02-10 | Jenkins Decosta | Buy | 6.50K | — | — |
| 2025-12-10 | WILDS DAVID M | Buy | 7.55K | $24.50 | 184.97K |
| 2025-12-10 | WILDS DAVID M | Buy | 7.55K | $24.50 | 184.97K |
| 2025-12-10 | WILDS DAVID M | Sell | 7.55K | $24.50 | 184.97K |
| 2025-12-10 | WILDS DAVID M | Sell | 7.55K | $24.50 | 184.97K |
| 2025-12-03 | CHRISTIANS PAUL | Sell | 9.00K | $23.27 | 209.43K |
| 2025-11-26 | CHRISTIANS PAUL | Sell | 3.29K | $23.78 | 78.28K |
| 2025-11-21 | STANFORD FREDERICK | Sell | 11.35K | $24.21 | 274.71K |
| 2025-11-16 | CHRISTIANS PAUL | Sell | 305 | $28.85 | 8.80K |
| 2025-11-14 | CHRISTIANS PAUL | Sell | 3.65K | $30.75 | 112.33K |
| 2025-11-14 | SMITH GEOFFREY C. | Sell | 7.40K | $30.75 | 227.64K |
| 2025-11-14 | STANFORD FREDERICK | Sell | 3.65K | $30.75 | 112.33K |
| 2025-11-14 | MAPLE PAUL | Sell | 5.90K | $30.75 | 181.52K |
| 2025-11-14 | WHITSON CLAY M | Sell | 5.90K | $30.75 | 181.52K |
| 2025-11-14 | LAISURE CHRISTOPHER | Sell | 5.90K | $30.75 | 181.52K |
| 2025-11-14 | LAISURE CHRISTOPHER | Buy | 15.00K | — | — |
| 2025-11-14 | CHRISTIANS PAUL | Buy | 15.00K | — | — |
| 2025-11-14 | STANFORD FREDERICK | Buy | 15.00K | — | — |
| 2025-11-14 | WHITSON CLAY M | Buy | 15.00K | — | — |
| 2025-11-14 | MAPLE PAUL | Buy | 15.00K | — | — |
| 2025-11-14 | SMITH GEOFFREY C. | Buy | 15.00K | — | — |
| 2025-09-21 | SMITH GEOFFREY C. | Sell | 1.96K | $32.07 | 62.99K |
| 2025-09-11 | MAPLE PAUL | Sell | 2.50K | $31.04 | 77.60K |
| 2025-08-29 | CHRISTIANS PAUL | Sell | 1.89K | $31.40 | 59.35K |
| 2025-08-12 | MCKENNA TIMOTHY | Buy | 11.51K | $19.22 | 221.18K |
| 2025-08-12 | MCKENNA TIMOTHY | Buy | 10.30K | $21.30 | 219.33K |
| 2025-08-12 | MCKENNA TIMOTHY | Buy | 9.14K | $23.65 | 216.18K |
| 2025-08-12 | MCKENNA TIMOTHY | Sell | 24.06K | $31.58 | 759.94K |
| 2025-08-12 | MCKENNA TIMOTHY | Sell | 6.88K | $31.81 | 218.92K |
| 2025-08-12 | MCKENNA TIMOTHY | Sell | 9.14K | $23.65 | 216.18K |
| 2025-08-12 | MCKENNA TIMOTHY | Sell | 10.30K | $21.30 | 219.33K |
| 2025-08-12 | MCKENNA TIMOTHY | Sell | 11.51K | $19.22 | 221.18K |
| 2025-08-06 | DAILY GREGORY S | Sell | 335.51K | — | — |
| 2025-08-06 | DAILY GREGORY S | Sell | 335.51K | — | — |
| 2025-08-06 | DAILY GREGORY S | Buy | 335.51K | — | — |
| 2025-08-06 | DAILY GREGORY S | Buy | 335.51K | — | — |
| 2025-05-15 | SMITH GEOFFREY C. | Sell | 8.40K | $26.56 | 223.21K |
| 2025-05-13 | WILDS DAVID M | Buy | 218.40K | $0.00 | 22 |
| 2025-05-13 | WILDS DAVID M | Sell | 218.40K | $0.00 | 22 |
| 2025-05-13 | WILDS DAVID M | Sell | 218.40K | — | — |
| 2025-05-13 | WILDS DAVID M | Sell | 218.40K | $24.81 | 5.42M |
| 2025-05-13 | HARRISON JOHN C. | Buy | 78.60K | $0.00 | 8 |
| 2025-05-13 | HARRISON JOHN C. | Sell | 78.60K | — | — |
| 2025-05-13 | HARRISON JOHN C. | Sell | 78.60K | $24.81 | 1.95M |
| 2025-05-13 | HARRISON JOHN C. | Sell | 78.60K | $0.00 | 8 |
| 2025-05-13 | HARVEY ROBERT BURTON | Buy | 40.37K | $0.00 | 4 |
| 2025-05-13 | HARVEY ROBERT BURTON | Buy | 26.98K | $0.00 | 3 |
| 2025-05-13 | HARVEY ROBERT BURTON | Buy | 4.51K | $0.00 | 0 |
| 2025-05-13 | HARVEY ROBERT BURTON | Sell | 4.51K | $0.00 | 0 |
| 2025-05-13 | HARVEY ROBERT BURTON | Sell | 4.51K | $24.76 | 111.79K |
| 2025-05-13 | HARVEY ROBERT BURTON | Sell | 4.51K | — | — |
| 2025-05-13 | HARVEY ROBERT BURTON | Sell | 40.37K | $24.81 | 1.00M |
| 2025-05-13 | HARVEY ROBERT BURTON | Sell | 26.98K | $24.82 | 669.64K |
| 2025-02-11 | MCKENNA TIMOTHY | Buy | 3.88K | — | — |
| 2025-02-11 | LAISURE CHRISTOPHER | Buy | 22.00K | — | — |
| 2025-02-11 | HARVEY ROBERT BURTON | Buy | 3.88K | — | — |
| 2025-02-11 | SMITH GEOFFREY C. | Buy | 40.00K | — | — |
| 2025-02-11 | Jenkins Decosta | Buy | 3.88K | — | — |
| 2025-02-11 | MAPLE PAUL | Buy | 30.00K | — | — |
| 2025-02-11 | MORGAN DAVID K. | Buy | 3.88K | — | — |
| 2025-02-11 | HARRISON JOHN C. | Buy | 3.88K | — | — |
| 2025-02-11 | CHRISTIANS PAUL | Buy | 40.00K | — | — |
| 2025-02-11 | COURTNEY ELIZABETH S. | Buy | 3.88K | — | — |
| 2025-02-11 | WHITSON CLAY M | Buy | 40.00K | — | — |
| 2025-02-11 | STANFORD FREDERICK | Buy | 40.00K | — | — |
| 2025-02-11 | WILDS DAVID M | Buy | 3.88K | — | — |
| 2025-01-23 | WILDS DAVID M | Sell | 9.98K | — | — |
| 2025-01-23 | WILDS DAVID M | Sell | 9.90K | — | — |
| 2025-01-23 | WILDS DAVID M | Sell | 289 | — | — |
| 2025-01-23 | MAPLE PAUL | Sell | 1.03K | — | — |
| 2025-01-23 | HARRISON JOHN C. | Sell | 3.01K | — | — |
| 2025-01-23 | DAILY GREGORY S | Sell | 172.51K | — | — |
| 2025-01-23 | DAILY GREGORY S | Sell | 93.77K | — | — |
| 2025-01-23 | MCKENNA TIMOTHY | Sell | 1.42K | — | — |
| 2025-01-23 | STANFORD FREDERICK | Sell | 3.69K | — | — |
| 2025-01-23 | WHITSON CLAY M | Sell | 9.71K | — | — |
| 2025-01-23 | HARVEY ROBERT BURTON | Sell | 1.54K | — | — |
| 2025-01-23 | HARVEY ROBERT BURTON | Sell | 1.03K | — | — |
| 2025-01-23 | HARVEY ROBERT BURTON | Sell | 431 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 135, holders -9 vs prior quarter. Ownership 99.68%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 1.80M | 26.58K | +1.50% | 38.50M |
| GENEVA CAPITAL MANAGEMENT LLC | 1.19M | -365.75K | -23.51% | 25.42M |
| ALTRAVUE CAPITAL, LLC | 1.12M | -50.10K | -4.28% | 23.92M |
| CROSSLINK CAPITAL INC | 1.12M | 151.99K | +15.73% | 23.88M |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 1.10M | 66.88K | +6.48% | 23.49M |
| NORTH REEF CAPITAL MANAGEMENT LP | 1.07M | 50.00K | +4.88% | 22.96M |
| HEARTLAND ADVISORS INC | 965.25K | 358.30K | +59.03% | 20.62M |
| FORAGER CAPITAL MANAGEMENT, LLC | 864.57K | 285.17K | +49.22% | 18.47M |
| JENNISON ASSOCIATES LLC | 856.63K | -13.42K | -1.54% | 18.30M |
| VANGUARD CAPITAL MANAGEMENT LLC | 814.52K | -148.63K | -15.43% | 17.40M |
| FIRST EAGLE INVESTMENT MANAGEMENT, LLC | 723.01K | 340.87K | +89.20% | 15.44M |
| STATE STREET CORP | 719.06K | 25.45K | +3.67% | 15.36M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 693.37K | 5.64K | +0.82% | 14.81M |
| DIMENSIONAL FUND ADVISORS LP | 679.68K | 62.83K | +10.19% | 14.52M |
| ROYCE & ASSOCIATES LP | 651.20K | 67.78K | +11.62% | 13.91M |
| GEODE CAPITAL MANAGEMENT, LLC | 533.83K | -4.88K | -0.91% | 11.41M |
| T. ROWE PRICE INVESTMENT MANAGEMENT, INC. | 461.79K | -241.84K | -34.37% | 9.86M |
| UBS GROUP AG | 411.92K | -8.27K | -1.97% | 8.80M |
| WASATCH ADVISORS LP | 377.44K | 25.63K | +7.29% | 8.06M |
| NICHOLAS COMPANY, INC. | 293.72K | -110 | -0.04% | 6.27M |
| JANE STREET GROUP, LLC | 280.16K | 280.16K | New | 5.98M |
| NORTHERN TRUST CORP | 264.75K | 22.99K | +9.51% | 5.66M |
| CITADEL ADVISORS LLC | 261.52K | 208.82K | +396.21% | 5.59M |
| LEGATO CAPITAL MANAGEMENT LLC | 247.39K | 0 | 0.00% | 5.28M |
| NEW YORK STATE COMMON RETIREMENT FUND | 230.87K | 0 | 0.00% | 4.93M |
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