Information Services Group, Inc. to Issue Quarterly Dividend of $0.05 (NASDAQ:III)

Information Services Group, Inc. (NASDAQ:III) announced a quarterly dividend on Thursday, March 5th. Investors of record on Friday, March 20th will be paid a dividend of 0.045 per share by the business services provider on Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, March 20th.

Information Services Group has a payout ratio of 100.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Information Services Group to earn $0.16 per share next year, which means the company may not be able to cover its $0.18 annual dividend with an expected future payout ratio of 112.5%.

Information Services Group Stock Performance

Shares of III opened at $4.76 on Friday. Information Services Group has a 1 year low of $2.96 and a 1 year high of $6.45. The stock has a market capitalization of $227.91 million, a P/E ratio of 25.05, a P/E/G ratio of 0.98 and a beta of 1.07. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.22 and a current ratio of 2.22. The company’s fifty day moving average is $5.37 and its two-hundred day moving average is $5.45.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Wall Street Zen upgraded Information Services Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Information Services Group in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $7.00.

Information Services Group Company Profile

Information Services Group, Inc (ISG) is a leading global technology research and advisory firm specializing in digital transformation, sourcing strategies and technology-driven business operations. Headquartered in Stamford, Connecticut, the company leverages deep market insights and data analytics to help clients optimize cost structures, accelerate growth and navigate complex technology landscapes. Since its founding in 2006, ISG has cultivated expertise across industries including financial services, healthcare, manufacturing and the public sector.

ISG’s core offerings include sourcing advisory, managed governance, market intelligence and research services.