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

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$48.72 +0.05 (+0.10 %)
(As of 12/18/2018 10:00 AM ET)
Previous Close$47.68
Today's Range$48.72 - $49.00
52-Week Range$47.45 - $79.00
Volume101 shs
Average Volume180,780 shs
Market Capitalization$1.45 billion
P/E Ratio14.26
Dividend Yield1.17%
Beta1.21
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products, including checking and savings accounts, demand accounts, money market accounts, and certificates of deposit, as well as individual retirement accounts. 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 comprising SBA guaranteed loans, business term loans, equipment financing, and lines of credit and energy related loans; agricultural loans for farmers and ranchers; consumer loans, such as installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online banking, mobile banking, eStatements, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of September 13, 2018, the company operated 74 banking offices locations that extend from the Gulf Coast of Texas to the Rocky Mountains. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:IBTX
Previous Symbol
CUSIPN/A
Phone972-562-9004

Debt

Debt-to-Equity Ratio0.33
Current Ratio1.03
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio14.26
Forward P/E Ratio10.71
P/E GrowthN/A

Sales & Book Value

Annual Sales$349.20 million
Price / Sales4.25
Cash Flow$3.4213 per share
Price / Cash Flow14.24
Book Value$47.38 per share
Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$3.45
Net Income$76.51 million
Net Margins26.53%
Return on Equity8.51%
Return on Assets1.32%

Miscellaneous

Employees924
Outstanding Shares30,480,000
Market Cap$1.45 billion
OptionableOptionable

Independent Bank Group (NASDAQ:IBTX) Frequently Asked Questions

What is Independent Bank Group's stock symbol?

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

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, October 25th. Stockholders of record on Monday, November 5th will be paid a dividend of $0.14 per share on Thursday, November 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, November 2nd. View Independent Bank Group's Dividend History.

How were Independent Bank Group's earnings last quarter?

Independent Bank Group Inc (NASDAQ:IBTX) released its quarterly earnings results on Monday, October, 22nd. The bank reported $1.20 earnings per share for the quarter, hitting analysts' consensus estimates of $1.20. The bank had revenue of $99.02 million for the quarter, compared to analysts' expectations of $96.47 million. Independent Bank Group had a return on equity of 8.51% and a net margin of 26.53%. During the same period in the previous year, the business earned $0.89 EPS. View Independent Bank Group's Earnings History.

When is Independent Bank Group's next earnings date?

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for Independent Bank Group.

What price target have analysts set for IBTX?

5 Wall Street analysts have issued twelve-month price objectives for Independent Bank Group's stock. Their forecasts range from $64.00 to $82.00. On average, they anticipate Independent Bank Group's stock price to reach $75.00 in the next twelve months. This suggests a possible upside of 52.5% from the stock's current price. View Analyst Price Targets for Independent Bank Group.

What is the consensus analysts' recommendation for Independent Bank Group?

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Independent Bank Group.

Has Independent Bank Group been receiving favorable news coverage?

News articles about IBTX stock have been trending negative on Tuesday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Independent Bank Group earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future.

Who are some of Independent Bank Group's key competitors?

Who are Independent Bank Group's key executives?

Independent Bank Group's management team includes the folowing people:
  • Mr. David R. Brooks, Chairman, Pres & CEO (Age 59)
  • Mr. Daniel W. Brooks, Vice Chairman & Chief Risk Officer (Age 58)
  • Ms. Michelle S. Hickox, Exec. VP & CFO (Age 50)
  • Mr. James C. White, Exec. VP & COO (Age 53)
  • Mr. Brian E. Hobart, Vice Chairman & Chief Lending Officer (Age 52)

Who are Independent Bank Group's major shareholders?

Independent Bank Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.30%), Vanguard Group Inc (5.30%), Dimensional Fund Advisors LP (5.05%), BlackRock Inc. (4.93%), Macquarie Group Ltd. (2.72%) and Alliancebernstein L.P. (2.15%). Company insiders that own Independent Bank Group stock include Brian E Hobart, Craig E Holmes, Daniel W 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.

Which major investors are selling Independent Bank Group stock?

IBTX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Brant Point Investment Management LLC, Chartwell Investment Partners LLC, First Trust Advisors LP, Capital Fund Management S.A., River Oaks Capital LLC, Alliancebernstein L.P. and Hodges Capital Management Inc.. Company insiders that have sold Independent Bank Group company stock in the last year include Douglas A Cifu, James C White, Jan C Webb, John Webb Jennings III and Michelle S Hickox. View Insider Buying and Selling for Independent Bank Group.

Which major investors are buying Independent Bank Group stock?

IBTX stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Macquarie Group Ltd., Marshall Wace LLP, Investment Counselors of Maryland LLC, Elizabeth Park Capital Advisors Ltd., Vanguard Group Inc, Vanguard Group Inc. and BlackRock Inc.. Company insiders that have bought Independent Bank Group stock in the last two years include Brian E Hobart, Craig E Holmes, G Stacy Smith, John Webb Jennings III and Michelle S Hickox. View Insider Buying and Selling for Independent Bank Group.

How do I buy shares of 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.

What is Independent Bank Group's stock price today?

One share of IBTX stock can currently be purchased for approximately $49.19.

How big of a company is Independent Bank Group?

Independent Bank Group has a market capitalization of $1.45 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.

What is Independent Bank Group's official website?

The official website for Independent Bank Group is http://www.independent-bank.com.

How can I contact Independent Bank Group?

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.


MarketBeat Community Rating for Independent Bank Group (NASDAQ IBTX)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about Independent Bank Group and other stocks. Vote "Outperform" if you believe IBTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IBTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/18/2018 by MarketBeat.com Staff

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