Independent Bank Group (IBTX) Stock Price, News & Analysis

-1.00 (-2.39%)
(As of 12:03 PM ET)
Today's Range
50-Day Range
52-Week Range
131,193 shs
Average Volume
223,766 shs
Market Capitalization
$1.69 billion
P/E Ratio
Dividend Yield
Price Target

Independent Bank Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
35.3% Upside
$54.20 Price Target
Short Interest
7.62% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.69mentions of Independent Bank Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
Proj. Earnings Growth
From $2.88 to $4.46 Per Share

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.

3.97 out of 5 stars

Finance Sector

335th out of 838 stocks

State Commercial Banks Industry

79th out of 177 stocks

IBTX stock logo

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.

IBTX Stock Price History

IBTX Stock News Headlines

KBW Gives a Buy Rating to Independent Bank Group (IBTX)
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Independent Bank Group: Q1 Earnings Snapshot
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Assessing Independent Bank Gr: Insights From 5 Financial Analysts
Independent Bank Group: Holding The Line For Now
IBTX Feb 2024 45.000 call
Independent Bank Group, Inc. (IBTX)
Cracking The Code: Understanding Analyst Reviews For Independent Bank Gr
See 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.

Company Calendar

Last Earnings
Ex-Dividend for 2/15 Dividend
Dividend Payable
Fiscal Year End

Industry, Sector and Symbol

State commercial banks
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
5 Analysts


Net Income
$43.20 million
Pretax Margin


Sales & Book Value

Annual Sales
$922.84 million
Cash Flow
$4.25 per share
Book Value
$58.20 per share


Free Float
Market Cap
$1.73 billion

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

IBTX Stock Analysis - Frequently Asked Questions

Should I buy or sell Independent Bank Group stock right now?

5 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 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?

5 brokers have issued twelve-month price targets for Independent Bank Group's stock. Their IBTX share price targets range from $44.00 to $61.00. On average, they predict the company's stock price to reach $54.20 in the next twelve months. This suggests a possible upside of 35.3% 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 at the beginning of the year. Since then, IBTX shares have decreased by 21.2% and is now trading at $40.07.
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) posted its quarterly earnings data on Monday, April, 22nd. The bank reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.06. The bank had revenue of $119.10 million for the quarter, compared to analysts' expectations of $121.39 million. Independent Bank Group had a trailing twelve-month return on equity of 5.76% and a net margin of 4.68%. The firm's revenue was down 15.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.07 EPS.

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 Thursday, January 18th. Stockholders of record on Thursday, February 1st will be paid a dividend of $0.38 per share on Thursday, February 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend is Wednesday, January 31st.
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 3.65%. The dividend payout ratio is 146.16%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IBTX will have a dividend payout ratio of 34.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IBTX.

What ETF holds Independent Bank Group's stock?

First Trust NASDAQ ABA Community Bank Index Fund holds 19,665 shares of IBTX stock, representing 1.10% of its portfolio.

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 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 many different retail and institutional investors. Top institutional investors include Hodges Capital Management Inc. (0.85%), First Dallas Securities Inc. (0.06%), NBC Securities Inc. (0.00%) and GAMMA Investing LLC (0.00%). 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 4/23/2024 by Staff

From Our Partners