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

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

Independent Bank Group declared a quarterly dividend on Wednesday, October 23rd. Shareholders of record on Monday, November 4th will be given a dividend of $0.25 per share on Thursday, November 14th. This represents a $1.00 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Friday, November 1st. View Independent Bank Group's Dividend History.

Independent Bank Group Inc (NASDAQ:IBTX) announced its earnings results on Monday, October, 21st. The bank reported $1.35 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.34 by $0.01. The bank had revenue of $152.72 million for the quarter, compared to analyst estimates of $141.57 million. Independent Bank Group had a net margin of 26.29% and a return on equity of 9.39%. During the same quarter in the prior year, the company posted $1.20 EPS. View Independent Bank Group's Earnings History.

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Independent Bank Group.

Independent Bank Group will be holding an earnings conference call on Monday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokers have issued 12 month price objectives for Independent Bank Group's shares. Their forecasts range from $60.00 to $67.00. On average, they anticipate Independent Bank Group's share price to reach $63.50 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price. View Analyst Price Targets for Independent Bank Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Independent Bank Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Independent Bank Group.

Media coverage about IBTX stock has trended very positive on Saturday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Independent Bank Group earned a media sentiment score of 3.4 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Independent Bank Group.

Independent Bank Group saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 790,100 shares, an increase of 13.9% from the December 15th total of 693,700 shares. Based on an average daily volume of 336,400 shares, the short-interest ratio is currently 2.3 days. Currently, 2.2% of the shares of the stock are sold short. View Independent Bank Group's Current Options Chain.

Some companies that are related to Independent Bank Group include Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Popular (BPOP), First Citizens BancShares (FCNCA), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), Glacier Bancorp (GBCI), Bank Ozk (OZK), IBERIABANK (IBKC), Wintrust Financial (WTFC), United Bankshares (UBSI), Bank of Hawaii (BOH) and First Hawaiian (FHB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Independent Bank Group investors own include Amgen (AMGN), Guaranty Bancorp (GBNK), NVIDIA (NVDA), Alibaba Group (BABA), Valero Energy (VLO), QUALCOMM (QCOM), Virtu Financial (VIRT), Enterprise Products Partners (EPD), General Electric (GE) and Pfizer (PFE).

Independent Bank Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Summit Creek Advisors LLC (0.41%), Wedge Capital Management L L P NC (0.35%), Peregrine Capital Management LLC (0.31%), Assenagon Asset Management S.A. (0.07%) and 55I LLC (0.04%). Company insiders that own Independent Bank Group stock include Alicia Kuhn Harrison, Brian E Hobart, Craig E Holmes, Donald L Poarch, Douglas A Cifu, G Stacy Smith, James C White, Jan C Webb, John Webb Jennings III, Mark K Gormley, Michelle S Hickox and Paul W Taylor. View Institutional Ownership Trends for Independent Bank Group.

IBTX stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC and Peregrine Capital Management LLC. Company insiders that have sold Independent Bank Group company stock in the last year include G Stacy Smith, Mark K Gormley, Michelle S Hickox and Paul W Taylor. View Insider Buying and Selling for Independent Bank Group.

IBTX stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Assenagon Asset Management S.A. and 55I LLC. Company insiders that have bought Independent Bank Group stock in the last two years include Alicia Kuhn Harrison, Brian E Hobart, Craig E Holmes, Donald L Poarch, G Stacy Smith, John Webb Jennings III 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, Robinhood, Fidelity and Charles Schwab.

One share of IBTX stock can currently be purchased for approximately $53.75.

Independent Bank Group has a market capitalization of $2.31 billion and generates $449.51 million in revenue each year. The bank earns $128.26 million in net income (profit) each year or $4.46 on an earnings per share basis. Independent Bank Group employs 1,087 workers across the globe.View Additional Information About Independent Bank Group.

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

Independent Bank Group's mailing address is 7777 HENNEMAN WAY, MCKINNEY TX, 75070. The bank can be reached via phone at 972-562-9004.