Independent Bank Group Company Profile (NASDAQ:IBTX)

About Independent Bank Group

Independent Bank Group logoIndependent Bank Group, Inc. is a bank holding company. Through the Company's subsidiary, Independent Bank (the Bank), it provides a range of commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Its commercial lending products include owner-occupied commercial real estate loans, interim construction loans, commercial loans to a mix of small and midsized businesses, and loans to professionals, particularly medical practices. Its retail lending products include residential first and second mortgage loans and consumer installment loans, such as loans to purchase cars, boats and other recreational vehicles. The Company operates approximately 40 banking offices in the Dallas-Fort Worth metropolitan area, the Austin/Central Texas area, and the Houston metropolitan area. The Company also provides wealth management services to its customers, including investment advisory and other related services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Southeast Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: IBTX
  • CUSIP:
Key Metrics:
  • Previous Close: $43.75
  • 50 Day Moving Average: $42.27
  • 200 Day Moving Average: $35.39
  • Trailing P/E Ratio: 18.48
  • Foreward P/E Ratio: 13.02
  • P/E Growth: 1.51
  • Market Cap: $808.28M
  • Outstanding Shares: 18,475,000
  • Beta: 1.27
Additional Links:
Companies Related to Independent Bank Group:

Analyst Ratings

Consensus Ratings for Independent Bank Group (NASDAQ:IBTX) (?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $42.75 (2.29% downside)

Analysts' Ratings History for Independent Bank Group (NASDAQ:IBTX)
Show:
DateFirmActionRatingPrice TargetDetails
7/27/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$40.00 -> $47.00View Rating Details
7/27/2016Hovde GroupBoost Price TargetMarket Perform$43.00 -> $45.50View Rating Details
7/7/2016Raymond James Financial Inc.Initiated CoverageOutperform$44.00View Rating Details
6/9/2016Evercore ISIUpgradeHold -> Buy$49.00View Rating Details
4/26/2016StephensUpgradeEqual Weight -> OverweightView Rating Details
4/25/2016Piper Jaffray Cos.UpgradeNeutral -> OverweightView Rating Details
1/29/2016SunTrust Banks Inc.Lower Price TargetNeutral$39.00 -> $35.00View Rating Details
10/23/2015Sandler O'NeillDowngradeBuy -> HoldView Rating Details
8/3/2015Stifel NicolausBoost Price TargetMarket Perform$42.00 -> $48.00View Rating Details
5/20/2015WunderlichInitiated CoverageBuy$48.00View Rating Details
(Data available from 8/23/2014 forward)

Earnings

Earnings History for Independent Bank Group (NASDAQ:IBTX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016        
7/25/2016Q216$0.70$0.74$50.21 million$50.81 millionViewN/AView Earnings Details
4/25/2016Q1$0.64$0.67$47.90 millionViewListenView Earnings Details
1/27/2016Q4$0.59$0.63$45.70 million$46.41 millionViewListenView Earnings Details
10/22/2015Q315$0.61$0.52$42.92 millionViewListenView Earnings Details
7/27/2015Q215$0.63$0.61$41.36 millionViewListenView Earnings Details
4/28/2015Q115$0.60$0.60$40.65 millionViewN/AView Earnings Details
2/3/2015Q414$0.60$0.64$39.80 millionViewN/AView Earnings Details
7/29/2014Q214$0.56$0.57ViewN/AView Earnings Details
4/30/2014$0.42$0.38ViewN/AView Earnings Details
2/11/2014Q4$0.39$0.40ViewN/AView Earnings Details
10/29/2013$0.36$0.38ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Independent Bank Group (NASDAQ:IBTX)
Current Year EPS Consensus Estimate: $2.86 EPS
Next Year EPS Consensus Estimate: $3.36 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.61$0.66$0.64
Q2 20162$0.68$0.71$0.70
Q3 20162$0.69$0.74$0.72
Q4 20162$0.71$0.78$0.75
Q1 20171$0.71$0.71$0.71
Q2 20171$0.82$0.82$0.82
Q3 20171$0.81$0.81$0.81
Q4 20171$0.93$0.93$0.93
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Independent Bank Group (NASDAQ:IBTX)
Annual Dividend:$0.32
Dividend Yield:0.73%
Payout Ratio:13.56% (Based on Trailing 12 Months of Earnings)
11.19% (Based on Current Year Consensus EPS Estimate)
9.52% (Based on Next Year Consensus EPS Estimate)

Dividend History for Independent Bank Group (NASDAQ:IBTX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016quarterly$0.080.74%8/4/20168/8/20168/18/2016
4/28/2016quarterly$0.080.88%5/5/20165/9/20165/19/2016
1/29/2016quarterly$0.081.08%2/4/20162/8/20162/18/2016
10/30/2015quarterly$0.080.79%11/5/201511/9/201511/20/2015
7/31/2015quarterly$0.080.71%8/6/20158/10/20158/20/2015
5/4/2015quarterly$0.080.8%5/13/20155/15/20155/28/2015
2/5/2015quarterly$0.080.88%2/12/20152/17/20152/26/2015
11/4/2014quarterly$0.060.54%11/12/201411/14/201411/26/2014
8/5/2014quarterly$0.060.49%8/14/20148/18/20148/28/2014
5/5/2014quarterly$0.060.49%5/13/20145/15/20145/28/2014
2/12/2014quarterly$0.060.45%2/20/20142/24/20143/6/2014
11/6/2013quarterly$0.060.62%11/14/201311/18/201311/27/2013
8/13/2013special$0.068/20/20138/22/20138/30/2013
8/12/2013quarterly$0.068/22/20138/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Independent Bank Group (NASDAQ:IBTX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/28/2016Michelle S HickoxCFOBuy237$38.95$9,231.15View SEC Filing  
6/27/2016G Stacy SmithDirectorBuy15,186$38.89$590,583.54View SEC Filing  
6/24/2016Torry BerntsenPresidentBuy100$39.73$3,973.00View SEC Filing  
6/10/2016Torry BerntsenPresidentBuy200$40.69$8,138.00View SEC Filing  
5/13/2016Jack M RadkeDirectorBuy4,000$33.86$135,440.00View SEC Filing  
3/29/2016Torry BerntsenCOOBuy100$27.79$2,779.00View SEC Filing  
2/24/2016Torry BerntsenCOOBuy150$25.86$3,879.00View SEC Filing  
2/19/2016Michelle S HickoxCFOBuy250$27.50$6,875.00View SEC Filing  
2/16/2016William E. FairDirectorBuy700$28.01$19,607.00View SEC Filing  
2/12/2016Torry BerntsenCOOBuy250$27.57$6,892.50View SEC Filing  
2/11/2016Michelle S HickoxCFOBuy40$26.75$1,070.00View SEC Filing  
2/8/2016Torry BerntsenCOOBuy250$27.33$6,832.50View SEC Filing  
2/4/2016G Stacy SmithDirectorBuy3,300$28.88$95,304.00View SEC Filing  
2/2/2016G Stacy SmithDirectorBuy4,300$28.48$122,464.00View SEC Filing  
2/2/2016Torry BerntsenCOOBuy250$28.59$7,147.50View SEC Filing  
1/29/2016G Stacy SmithDirectorBuy4,300$28.48$122,464.00View SEC Filing  
12/10/2015John Webb Jennings IIIDirectorBuy1,250$35.02$43,775.00View SEC Filing  
12/9/2015Brian E HobartVice ChairmanBuy250$34.73$8,682.50View SEC Filing  
12/9/2015G Stacy SmithDirectorBuy3,500$35.16$123,060.00View SEC Filing  
12/9/2015Torry BerntsenCOOBuy70$34.82$2,437.40View SEC Filing  
12/8/2015G Stacy SmithDirectorBuy4,000$36.86$147,440.00View SEC Filing  
12/8/2015Torry BerntsenCOOBuy200$36.81$7,362.00View SEC Filing  
12/7/2015G Stacy SmithDirectorBuy5,400$37.70$203,580.00View SEC Filing  
10/30/2015G Stacy SmithDirectorBuy5,000$38.95$194,750.00View SEC Filing  
5/18/2015James D SteinDirectorSell4,000$39.51$158,040.00View SEC Filing  
5/15/2015G Stacy SmithDirectorBuy1,000$38.71$38,710.00View SEC Filing  
5/14/2015James D SteinDirectorSell4,000$39.50$158,000.00View SEC Filing  
5/13/2015G Stacy SmithDirectorBuy8,430$38.96$328,432.80View SEC Filing  
5/8/2015G Stacy SmithDirectorBuy4,484$38.93$174,562.12View SEC Filing  
5/5/2015G Stacy SmithDirectorBuy5,300$38.76$205,428.00View SEC Filing  
2/23/2015G Stacy SmithDirectorBuy4,600$36.53$168,038.00View SEC Filing  
2/6/2015Craig E HolmesDirectorBuy2,000$36.99$73,980.00View SEC Filing  
12/19/2014G Stacy SmithDirectorBuy4,500$38.77$174,465.00View SEC Filing  
12/18/2014John Webb Jennings IIIDirectorBuy1,500$39.82$59,730.00View SEC Filing  
11/19/2014G Stacy SmithDirectorBuy3,000$43.41$130,230.00View SEC Filing  
11/10/2014G Stacy SmithDirectorBuy4,000$43.92$175,680.00View SEC Filing  
10/31/2014John Webb Jennings IIIDirectorBuy3,000$44.01$132,030.00View SEC Filing  
8/8/2014Torry BerntsenCOOBuy250$48.13$12,032.50View SEC Filing  
8/5/2014G Stacy SmithDirectorBuy2,500$47.98$119,950.00View SEC Filing  
8/4/2014G Stacy SmithDirectorBuy1,500$47.41$71,115.00View SEC Filing  
8/1/2014John Webb Jennings IIIDirectorBuy2,000$47.43$94,860.00View SEC Filing  
8/1/2014Torry BerntsenCOOBuy1,250$47.94$59,925.00View SEC Filing  
6/12/2014G Stacy SmithDirectorBuy2,500$51.98$129,950.00View SEC Filing  
6/6/2014Jack M RadkeDirectorBuy2,000$49.71$99,420.00View SEC Filing  
6/5/2014David R BrooksCEOBuy1,000$48.72$48,720.00View SEC Filing  
6/5/2014G Stacy SmithDirectorBuy1,500$48.78$73,170.00View SEC Filing  
6/5/2014Torry BerntsenCOOBuy2,500$48.96$122,400.00View SEC Filing  
12/5/2013William E FairDirectorBuy7,698$45.51$350,335.98View SEC Filing  
11/25/2013William E FairDirectorBuy1,100$44.99$49,489.00View SEC Filing  
9/3/2013Jack M RadkeDirectorBuy7,000$36.06$252,420.00View SEC Filing  
8/30/2013G Stacy SmithDirectorBuy11,087$34.16$378,731.92View SEC Filing  
8/29/2013William E FairDirectorBuy3,557$34.23$121,756.11View SEC Filing  
8/28/2013Michelle S HickoxCFOBuy1,000$34.02$34,020.00View SEC Filing  
8/27/2013G Stacy SmithDirectorBuy4,295$33.83$145,299.85View SEC Filing  
8/26/2013G Stacy SmithDirectorBuy6,509$34.46$224,300.14View SEC Filing  
8/26/2013Torry BerntsenCOOBuy1,000$35.07$35,070.00View SEC Filing  
5/13/2013G Stacy SmithDirectorBuy12,269$28.85$353,960.65View SEC Filing  
5/7/2013Michelle S HickoxCFOBuy1,500$28.97$43,455.00View SEC Filing  
5/3/2013Craig E HolmesDirectorBuy3,500$28.97$101,395.00View SEC Filing  
4/3/2013Daniel W BrooksChairmanBuy2,885$26.00$75,010.00View SEC Filing  
4/3/2013David R BrooksCEOBuy4,192$26.00$108,992.00View SEC Filing  
4/3/2013G Stacy SmithDirectorBuy82,350$26.19$2,156,746.50View SEC Filing  
4/3/2013Torry BerntsenCOOBuy20,192$26.00$524,992.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Independent Bank Group (NASDAQ:IBTX)
DateHeadline
capitalcube.com logoIndependent Bank Group, Inc. :IBTX-US: Earnings Analysis: Q2, 2016 By the Numbers : August 1, 2016 (NASDAQ:IBTX)
www.capitalcube.com - August 1 at 5:26 PM
msn.com logoIndependent Bank's (IBTX) CEO David Brooks on Q2 2016 Results - Earnings Call Transcript (NASDAQ:IBTX)
www.msn.com - July 28 at 5:41 PM
streetinsider.com logoIndependent Bank Group (IBTX) Declares $0.08 Quarterly Dividend; 0.7% Yield (NASDAQ:IBTX)
www.streetinsider.com - July 28 at 5:41 PM
sg.finance.yahoo.com logoIndependent Bank posts 2Q profit (NASDAQ:IBTX)
sg.finance.yahoo.com - July 28 at 9:06 AM
capitalcube.com logoIndependent Bank Group, Inc. :IBTX-US: Earnings Analysis: Q2, 2016 By the Numbers : July 27, 2016 (NASDAQ:IBTX)
www.capitalcube.com - July 27 at 3:25 PM
biz.yahoo.com logoINDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:IBTX)
biz.yahoo.com - July 27 at 1:07 PM
finance.yahoo.com logoEdited Transcript of IBTX earnings conference call or presentation 26-Jul-16 12:30pm GMT (NASDAQ:IBTX)
finance.yahoo.com - July 26 at 10:52 AM
publicnow.com logoIndependent Bank Group Reports Second Quarter Financial Results (NASDAQ:IBTX)
www.publicnow.com - July 25 at 5:28 PM
sg.finance.yahoo.com logoIndependent Bank Group posts 2Q profit (NASDAQ:IBTX)
sg.finance.yahoo.com - July 25 at 5:09 PM
biz.yahoo.com logoQ2 2016 Independent Bank Group Inc Earnings Release - 5:00 pm ET (NASDAQ:IBTX)
biz.yahoo.com - July 25 at 7:07 AM
sg.finance.yahoo.com logoIndependent Bank Corp. posts 2Q profit (NASDAQ:IBTX)
sg.finance.yahoo.com - July 21 at 5:18 PM
4-traders.com logoIndependent Bank Group Inc : half-yearly earnings release (NASDAQ:IBTX)
www.4-traders.com - July 20 at 6:46 PM
capitalcube.com logoETF’s with exposure to Independent Bank Group, Inc. : July 7, 2016 (NASDAQ:IBTX)
www.capitalcube.com - July 7 at 2:58 PM
publicnow.com logoIndependent Bank Group, Inc. Announces Q2 2016 Earnings Call (NASDAQ:IBTX)
www.publicnow.com - July 6 at 2:01 PM
4-traders.com logoINDEPENDENT BANK GROUP, INC. : Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:IBTX)
www.4-traders.com - June 23 at 5:55 PM
biz.yahoo.com logoINDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial (NASDAQ:IBTX)
biz.yahoo.com - June 23 at 5:00 PM
publicnow.com logoIndependent Bank Group, Inc. Announces Pricing of $45 Million of its 5.875% Subordinated Notes Due August 1, 2024 (NASDAQ:IBTX)
www.publicnow.com - June 23 at 8:19 AM
breakingfinancenews.com logoIndependent Bank Group Inc (NASDAQ:IBTX) price target held steady to $0 as reported today by Evercore ISI (NASDAQ:IBTX)
breakingfinancenews.com - June 21 at 10:06 AM
publicnow.com logoIndependent Bank Group, Inc. Announces Commencement of Subordinated Notes Offering (NASDAQ:IBTX)
www.publicnow.com - June 21 at 8:29 AM
biz.yahoo.com logoINDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Other Events (NASDAQ:IBTX)
biz.yahoo.com - June 21 at 8:05 AM
seekingalpha.com logoTrio of Texas banks upgraded at Evercore (NASDAQ:IBTX)
seekingalpha.com - June 9 at 5:43 PM
biz.yahoo.com logoINDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:IBTX)
biz.yahoo.com - June 1 at 6:10 AM
News IconIndependent Bank Group, Inc (NASDAQ:IBTX) Broker Price Targets For The Coming Week - Share Trading News (NASDAQ:IBTX)
www.sharetrading.news - May 30 at 5:13 PM
News IconEarnings Review and Stock Rundown for Independent Bank Group, Inc (NASDAQ:IBTX) - Wall Street Hints and News (NASDAQ:IBTX)
hintsnewsnetwork.com - May 26 at 8:21 AM
News IconInsiders Are Gradually Buying Independent Bank Group, Inc. (NASDAQ:IBTX) - Wall Street Hints and News (NASDAQ:IBTX)
hintsnewsnetwork.com - May 25 at 10:10 PM
investornewswire.com logoIndependent Bank Group, Inc (NASDAQ:IBTX) Reports Basic Consolidated EPS At $2.285 - Investor Newswire (NASDAQ:IBTX)
www.investornewswire.com - May 21 at 4:51 PM
News IconWere Analysts Bullish Independent Bank Group Inc (NASDAQ:IBTX) This Week? - Wall Street Hints and News (NASDAQ:IBTX)
hintsnewsnetwork.com - May 16 at 9:58 PM
realistinvestor.com logoExpected For Independent Bank Group, Inc (NASDAQ:IBTX) Sales Of $225.15 - RealistInvestor.com (NASDAQ:IBTX)
www.realistinvestor.com - May 14 at 4:59 PM
News IconConsensus Rating Review for Independent Bank Group, Inc (NASDAQ:IBTX) - B.O.D.Y Confidential (NASDAQ:IBTX)
www.bodyconfidential.com - May 10 at 5:25 PM
realistinvestor.com logoIndependent Bank Group, Inc (NASDAQ:IBTX) ABR Of 2 - RealistInvestor.com (NASDAQ:IBTX)
www.realistinvestor.com - May 5 at 10:46 PM
nasdaq.com logoIndependent Bank Group, Inc (IBTX) Ex-Dividend Date Scheduled for May 05, 2016 - Nasdaq (NASDAQ:IBTX)
www.nasdaq.com - May 4 at 5:17 PM
biz.yahoo.com logoINDEPENDENT BANK GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:IBTX)
biz.yahoo.com - May 4 at 6:15 AM
News IconAverage Analyst Rating for Independent Bank Group, Inc (NASDAQ:IBTX) - B.O.D.Y Confidential (NASDAQ:IBTX)
www.bodyconfidential.com - May 3 at 5:24 PM
finance.yahoo.com logoINDEPENDENT BANK GROUP, INC. Financials (NASDAQ:IBTX)
finance.yahoo.com - May 3 at 1:04 PM
News IconThis Weeks Broker Price Targets For Independent Bank Group, Inc (NASDAQ:IBTX) - Share Trading News (NASDAQ:IBTX)
www.sharetrading.news - May 2 at 5:42 PM
investornewswire.com logoIndependent Bank Group, Inc (NASDAQ:IBTX) Basic Consolidated EPS At $2.285 - Investor Newswire (NASDAQ:IBTX)
www.investornewswire.com - April 30 at 5:25 PM
fidaily.com logoPiper Jaffray Upgrades Rating On Independent Bank Group, Inc (IBTX) - Finance Daily (NASDAQ:IBTX)
www.fidaily.com - April 29 at 10:46 PM
News IconShare Performance and Target Price Review Independent Bank Group, Inc (NASDAQ:IBTX) - B.O.D.Y Confidential (NASDAQ:IBTX)
www.bodyconfidential.com - April 29 at 10:46 PM
equities.com logoIndependent Bank Group Inc. (IBTX) is Trading Higher on Unusual Volume for April 26 - Equities.com (NASDAQ:IBTX)
www.equities.com - April 28 at 3:51 AM
einnews.com logoIndependent Bank Group, Inc. Declares Quarterly Dividend - EIN News (press release) (NASDAQ:IBTX)
www.einnews.com - April 27 at 10:47 PM
News IconIndependent Bank Group, Inc (NASDAQ:IBTX) Wall Street Rating in Focus - News Tribune (NASDAQ:IBTX)
www.greenvilletribune.com - April 27 at 10:47 PM
streetinsider.com logoIndependent Bank Group (IBTX) Declares $0.08 Quarterly Dividend; 0.9% Yield (NASDAQ:IBTX)
www.streetinsider.com - April 27 at 5:41 PM
publicnow.com logoIndependent Bank Group, Inc. Declares Quarterly Dividend (NASDAQ:IBTX)
www.publicnow.com - April 27 at 12:34 PM
capitalcube.com logoIndependent Bank Group, Inc. :IBTX-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:IBTX)
www.capitalcube.com - April 27 at 9:51 AM
News IconIndependent Bank Group, Inc (NASDAQ:IBTX) Share Rating Recap - B.O.D.Y Confidential (NASDAQ:IBTX)
www.bodyconfidential.com - April 26 at 11:11 PM
equities.com logoIndependent Bank Group Inc. (IBTX) Jumps 9.66% on April 26 - Equities.com (NASDAQ:IBTX)
www.equities.com - April 26 at 11:11 PM
finance.yahoo.com logoEdited Transcript of IBTX earnings conference call or presentation 26-Apr-16 12:30pm GMT (NASDAQ:IBTX)
finance.yahoo.com - April 26 at 2:18 PM
cnbc.com logoIndependent Bank Group posts 1Q profit (NASDAQ:IBTX)
www.cnbc.com - April 25 at 11:23 PM
biz.yahoo.com logoIndependent Bank Group Inc Earnings Call (Q1 2016) (NASDAQ:IBTX)
biz.yahoo.com - April 25 at 6:15 PM
4-traders.com logoIndependent Bank : posts 1Q profit (NASDAQ:IBTX)
www.4-traders.com - April 25 at 6:15 PM

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Independent Bank Group (NASDAQ:IBTX) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff