NASDAQ:IBTX Independent Bank Group (IBTX) Stock Price, News & Analysis → Trump’s Gift Could Unleash $51 Billion in New Wealth (From Wealthpin Pro) (Ad) Free IBTX Stock Alerts $43.77 -0.44 (-1.00%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$43.62▼$44.2450-Day Range$37.24▼$47.3052-Week Range$34.30▼$53.25Volume304,948 shsAverage Volume410,676 shsMarket Capitalization$1.81 billionP/E Ratio17.30Dividend Yield3.47%Price Target$52.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Independent Bank Group alerts: Email Address Independent Bank Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside19.6% Upside$52.33 Price TargetShort InterestBearish6.67% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.97Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth56.25%From $2.56 to $4.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.10 out of 5 starsFinance Sector264th out of 823 stocksState Commercial Banks Industry69th out of 166 stocks 3.3 Analyst's Opinion Consensus RatingIndependent Bank Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageIndependent Bank Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Independent Bank Group's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.67% of the float of Independent Bank Group has been sold short.Short Interest Ratio / Days to CoverIndependent Bank Group has a short interest ratio ("days to cover") of 9.Change versus previous monthShort interest in Independent Bank Group has recently increased by 0.42%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldIndependent Bank Group pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthIndependent Bank Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Independent Bank Group is 60.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Independent Bank Group will have a dividend payout ratio of 38.00% next year. This indicates that Independent Bank Group will be able to sustain or increase its dividend.Read more about Independent Bank Group's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IBTX. Previous Next 3.3 News and Social Media Coverage News SentimentIndependent Bank Group has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Independent Bank Group this week, compared to 2 articles on an average week.Search Interest3 people have searched for IBTX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows2 people have added Independent Bank Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Independent Bank Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.50% of the stock of Independent Bank Group is held by insiders.Percentage Held by Institutions77.90% of the stock of Independent Bank Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Independent Bank Group's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Independent Bank Group are expected to grow by 56.25% in the coming year, from $2.56 to $4.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independent Bank Group is 17.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Independent Bank Group is 17.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.17.Price to Book Value per Share RatioIndependent Bank Group has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Independent Bank Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wealthpin ProTrump’s Gift Could Unleash $51 Billion in New WealthIn January 2021, Donald Trump silently rolled out a special gift to the American public… One that top house republicans called “The Key To America’s Economic Future”.You just have to make this simple move before July 30, 2024. About Independent Bank Group Stock (NASDAQ:IBTX)Independent Bank Group, Inc., through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans, such as SBA guaranteed loans, business term loans, lines of credit, and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages, as well as mortgage warehouse purchase loans. In addition, it offers debit and credit cards, online and mobile banking, estatement, bank-by-mail, and direct deposit services; wealth management services; and business accounts and management services consisting of analyzed business checking, business savings, and treasury management services. The company was incorporated in 2002 and is headquartered in McKinney, Texas.Read More IBTX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IBTX Stock News HeadlinesJune 8 at 5:52 AM | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Receives New Coverage from Analysts at StockNews.comJune 1, 2024 | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Upgraded to "Overweight" at Piper SandlerMay 30, 2024 | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Stock Rating Reaffirmed by Truist FinancialMay 30, 2024 | americanbankingnews.comIndependent Bank Group, Inc. (NASDAQ:IBTX) Given Average Rating of "Hold" by BrokeragesMay 30, 2024 | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Coverage Initiated at StockNews.comMay 29, 2024 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: Palomar Holdings (PLMR) and Independent Bank Group (IBTX)May 22, 2024 | prnewswire.comSHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Independent Bank Group, Inc. - IBTXMay 20, 2024 | prnewswire.comALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Independent Bank Group, Inc.May 20, 2024 | finance.yahoo.comUS Growth Companies With High Insider Ownership And Up To 20% Revenue GrowthMay 20, 2024 | businesswire.comIBTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Independent Bank Group, Inc. Is Fair to ShareholdersMay 20, 2024 | prnewswire.comSouthState Corporation to Acquire Texas-based Independent Bank Group, Inc.May 9, 2024 | morningstar.comIndependent Bank Group IncMay 3, 2024 | investorplace.comStock Market Crash Warning: Don't Get Caught Holding These 3 Financial StocksApril 27, 2024 | finance.yahoo.comIndependent Bank Group's (NASDAQ:IBTX) Dividend Will Be $0.38April 26, 2024 | finance.yahoo.comIndependent Bank Group First Quarter 2024 Earnings: Misses ExpectationsApril 25, 2024 | benzinga.comA Glimpse Into The Expert Outlook On Independent Bank Gr Through 4 AnalystsApril 25, 2024 | msn.comPiper Sandler Downgrades Independent Bank Group (IBTX)April 24, 2024 | msn.comIndependent Bank Group cut to Underweight as Piper sees slower earnings recoveryApril 24, 2024 | finance.yahoo.comIndependent Bank Group, Inc. (NASDAQ:IBTX) Q1 2024 Earnings Call TranscriptApril 24, 2024 | finance.yahoo.comIndependent Bank Group Inc (IBTX) Q1 2024 Earnings Call Transcript Highlights: Strategic ...April 23, 2024 | seekingalpha.comIndependent Bank Group, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 23, 2024 | markets.businessinsider.comKBW Gives a Buy Rating to Independent Bank Group (IBTX)April 23, 2024 | finance.yahoo.comIndependent Bank Group Inc (IBTX) Q1 Earnings: Aligns with Analyst ProjectionsApril 22, 2024 | washingtonpost.comIndependent Bank Group: Q1 Earnings SnapshotApril 22, 2024 | markets.businessinsider.comIBTX Stock Earnings: Independent Bank Gr Beats EPS, Misses Revenue for Q1 2024See More Headlines Receive IBTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Independent Bank Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/23/2024Ex-Dividend for 5/16 Dividend5/01/2024Dividend Payable5/16/2024Today6/08/2024Next Earnings (Estimated)7/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:IBTX CUSIPN/A CIK1564618 Webwww.independent-bank.com Phone(972) 562-9004FaxN/AEmployees1,517Year Founded1864Price Target and Rating Average Stock Price Target$52.33 High Stock Price Target$59.00 Low Stock Price Target$46.00 Potential Upside/Downside+19.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.53 Trailing P/E Ratio17.30 Forward P/E Ratio17.10 P/E GrowthN/ANet Income$43.20 million Net Margins10.96% Pretax Margin13.77% Return on Equity4.97% Return on Assets0.63% Debt Debt-to-Equity Ratio0.23 Current Ratio0.97 Quick Ratio0.97 Sales & Book Value Annual Sales$922.84 million Price / Sales1.96 Cash Flow$4.18 per share Price / Cash Flow10.47 Book Value$58.20 per share Price / Book0.75Miscellaneous Outstanding Shares41,380,000Free Float39,931,000Market Cap$1.81 billion OptionableOptionable Beta1.41 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. David R. Brooks (Age 65)Chairman of the Board & CEO Comp: $2.3MMr. Michael B. Hobbs (Age 61)President & COO Comp: $1.16MMr. Paul B. Langdale (Age 37)Executive VP & CFO Comp: $1.04MMr. John G. Turpen (Age 55)Executive VP & Chief Risk Officer Comp: $883.63kBrenda K. MontgomeryChief Accounting OfficerMr. Bill WadeEVP & Chief Information OfficerPeggy SmolenSenior Vice President of Marketing & CommunicationsMr. James P. Tippit (Age 52)Executive Vice President of Corporate Responsibility Comp: $968.72kMs. Leslie BesedaSenior VP & Director of Financial ReportingMr. Charles CartwrightSenior Vice President SBA Business Development OfficerMore ExecutivesKey CompetitorsInvestors BancorpNASDAQ:ISBCCommerce BancsharesNASDAQ:CBSHWestern Alliance BancorporationNYSE:WALPopularNASDAQ:BPOPWintrust FinancialNASDAQ:WTFCView All CompetitorsInstitutional OwnershipComerica BankSold 1,590 shares on 5/17/2024Ownership: 0.038%Silvercrest Asset Management Group LLCBought 17,875 shares on 5/16/2024Ownership: 0.196%California State Teachers Retirement SystemSold 2,002 shares on 5/16/2024Ownership: 0.090%EJF Capital LLCSold 77,181 shares on 5/16/2024Ownership: 0.030%Price T Rowe Associates Inc. MDBought 1,273 shares on 5/15/2024Ownership: 0.053%View All Institutional Transactions IBTX Stock Analysis - Frequently Asked Questions Should I buy or sell Independent Bank Group stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Independent Bank Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IBTX shares. View IBTX analyst ratings or view top-rated stocks. What is Independent Bank Group's stock price target for 2024? 6 Wall Street research analysts have issued 12-month target prices for Independent Bank Group's shares. Their IBTX share price targets range from $46.00 to $59.00. On average, they predict the company's share price to reach $52.33 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View analysts price targets for IBTX or view top-rated stocks among Wall Street analysts. How have IBTX shares performed in 2024? Independent Bank Group's stock was trading at $50.88 on January 1st, 2024. Since then, IBTX stock has decreased by 14.0% and is now trading at $43.77. View the best growth stocks for 2024 here. When is Independent Bank Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our IBTX earnings forecast. How were Independent Bank Group's earnings last quarter? Independent Bank Group, Inc. (NASDAQ:IBTX) released its earnings results on Tuesday, April, 23rd. The bank reported $0.63 EPS for the quarter, topping the consensus estimate of $0.57 by $0.06. The bank had revenue of $119.10 million for the quarter, compared to analyst estimates of $121.39 million. Independent Bank Group had a trailing twelve-month return on equity of 4.97% and a net margin of 10.96%. Independent Bank Group's revenue was down 15.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 earnings per share. How often does Independent Bank Group pay dividends? What is the dividend yield for Independent Bank Group? Independent Bank Group announced a quarterly dividend on Monday, April 22nd. Investors of record on Thursday, May 2nd will be given a dividend of $0.38 per share on Thursday, May 16th. This represents a $1.52 annualized dividend and a yield of 3.47%. The ex-dividend date of this dividend is Wednesday, May 1st. Read our dividend analysis for IBTX. Is Independent Bank Group a good dividend stock? Independent Bank Group (NASDAQ:IBTX) pays an annual dividend of $1.52 per share and currently has a dividend yield of 3.44%. The dividend payout ratio is 60.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBTX will have a dividend payout ratio of 38.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for IBTX. What ETFs hold Independent Bank Group's stock? ETFs with the largest weight of Independent Bank Group (NASDAQ:IBTX) stock in their portfolio include ProShares Merger ETF (MRGR).First Trust NASDAQ ABA Community Bank Index Fund (QABA). What is David R. Brooks' approval rating as Independent Bank Group's CEO? 13 employees have rated Independent Bank Group Chief Executive Officer David R. Brooks on Glassdoor.com. David R. Brooks has an approval rating of 86% among the company's employees. What other stocks do shareholders of Independent Bank Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Independent Bank Group investors own include Enterprise Products Partners (EPD), Pfizer (PFE), AbbVie (ABBV), Alibaba Group (BABA), Dominion Energy (D), Gilead Sciences (GILD), Huntington Bancshares (HBAN), ONEOK (OKE), QUALCOMM (QCOM) and Verizon Communications (VZ). Who are Independent Bank Group's major shareholders? Independent Bank Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.06%), Hodges Capital Management Inc. (0.85%), Bessemer Group Inc. (0.55%), Principal Financial Group Inc. (0.45%), Peregrine Capital Management LLC (0.39%) and Empowered Funds LLC (0.27%). Insiders that own company stock include Brenda K Montgomery, Daniel W Brooks, David R Brooks, David R Brooks, G Stacy Smith, James C White, James C White, James P Tippit, John Webb Jennings III, Michael B Hobbs, Michelle S Hickox, Paul B Langdale and William E Fair. View institutional ownership trends. How do I buy shares of Independent Bank Group? Shares of IBTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:IBTX) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersCollapse of the Petrodollar The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. 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