NASDAQ:IBTX - Independent Bank Group Stock Price, News, Headlines & Rumors

Independent Bank Group trades on the NASDAQ under the ticker symbol "IBTX."

Independent Bank Group announced a quarterly dividend on Thursday, July 26th. Shareholders of record on Monday, August 6th will be given a dividend of $0.14 per share on Thursday, August 16th. This represents a $0.56 annualized dividend and a yield of 0.82%. The ex-dividend date is Friday, August 3rd. View Independent Bank Group's Dividend History.

Independent Bank Group Inc (NASDAQ:IBTX) posted its quarterly earnings data on Monday, July, 23rd. The bank reported $1.11 EPS for the quarter, missing analysts' consensus estimates of $1.14 by $0.03. The bank earned $89.04 million during the quarter, compared to analysts' expectations of $90.43 million. Independent Bank Group had a return on equity of 8.10% and a net margin of 25.16%. During the same period last year, the business posted $0.82 EPS. View Independent Bank Group's Earnings History.

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, October, 22nd 2018. View Earnings Estimates for Independent Bank Group.

6 brokers have issued 12-month price targets for Independent Bank Group's stock. Their predictions range from $71.00 to $86.00. On average, they anticipate Independent Bank Group's stock price to reach $78.60 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Price Targets for Independent Bank Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Independent Bank Group in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Independent Bank Group.

Some companies that are related to Independent Bank Group include Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), First Citizens BancShares Inc. Class A (FCNCA), Bank Of The Ozarks (OZRK), Bank Ozk (OZK), Popular (BPOP), Prosperity Bancshares (PB), Wintrust Financial (WTFC), IBERIABANK (IBKC), Associated Banc (ASB), Texas Capital Bancshares (TCBI), Investors Bancorp (ISBC), Hancock (HBHC) and Home Bancshares (HOMB).

Media stories about IBTX stock have trended somewhat positive on Wednesday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Independent Bank Group earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned news articles about the bank an impact score of 46.63 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Independent Bank Group.

Independent Bank Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.75%), Dimensional Fund Advisors LP (4.04%), CIBC Private Wealth Group LLC (1.92%), Fred Alger Management Inc. (2.00%), Macquarie Group Ltd. (1.81%) and Voya Investment Management LLC (1.07%). Company insiders that own Independent Bank Group stock include Brian E Hobart, Daniel W Brooks, David R Brooks, Douglas A Cifu, G Stacy Smith, James C White, Jan C Webb, John Webb Jennings III, Michelle S Hickox and Vincent J Viola. View Institutional Ownership Trends for Independent Bank Group.

IBTX stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Monarch Partners Asset Management LLC, Cortina Asset Management LLC, Summit Creek Advisors LLC, Chartwell Investment Partners LLC, Voya Investment Management LLC, Russell Investments Group Ltd. and Stephens Inc. AR. Company insiders that have sold Independent Bank Group company stock in the last year include Brian E Hobart, Daniel W Brooks, Douglas A Cifu, James C White, Jan C Webb and John Webb Jennings III. View Insider Buying and Selling for Independent Bank Group.

IBTX stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., Royce & Associates LP, CIBC Private Wealth Group LLC, Macquarie Group Ltd., D L Carlson Investment Group Inc., Millennium Management LLC and Victory Capital Management Inc.. Company insiders that have bought Independent Bank Group stock in the last two years include G Stacy Smith and Michelle S Hickox. View Insider Buying and Selling for Independent Bank Group.

Shares of IBTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of IBTX stock can currently be purchased for approximately $68.05.

Independent Bank Group has a market capitalization of $2.11 billion and generates $349.20 million in revenue each year. The bank earns $76.51 million in net income (profit) each year or $3.45 on an earnings per share basis. Independent Bank Group employs 924 workers across the globe.

Independent Bank Group's mailing address is 1600 REDBUD BOULEVARD SUITE 400, MCKINNEY TX, 75069. The bank can be reached via phone at 972-562-9004.