S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
NASDAQ:IBTX

Independent Bank Group Stock Forecast, Price & News

$68.77
+1.32 (+1.96 %)
(As of 09/24/2021 12:00 AM ET)
Add
Compare
Today's Range
$67.29
$69.20
50-Day Range
$64.11
$73.36
52-Week Range
$41.44
$80.71
Volume168,689 shs
Average Volume177,825 shs
Market Capitalization$2.97 billion
P/E Ratio12.55
Dividend Yield2.02%
Beta1.94
30 days | 90 days | 365 days | Advanced Chart
Receive IBTX 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.


Independent Bank Group logo

About Independent Bank Group

Independent Bank Group, Inc. is a bank holding company, which engages in the provision of a relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. It offers checking, savings, commercial loans, business services and cash management solutions. The company was founded by David R. Brooks in 1988 and is headquartered in McKinney, TX.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.27 out of 5 stars

Finance Sector

418th out of 1,331 stocks

State Commercial Banks Industry

83rd out of 232 stocks

Analyst Opinion: 1.4Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Independent Bank Group (NASDAQ:IBTX) Frequently Asked Questions

Is Independent Bank Group a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Independent Bank Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Independent Bank Group stock.
View analyst ratings for Independent Bank Group
or view top-rated stocks.

What stocks does MarketBeat like better than Independent Bank Group?

Wall Street analysts have given Independent Bank Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Independent Bank Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Independent Bank Group's next earnings date?

Independent Bank Group is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for Independent Bank Group
.

How were Independent Bank Group's earnings last quarter?

Independent Bank Group, Inc. (NASDAQ:IBTX) announced its quarterly earnings results on Sunday, July, 25th. The bank reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.04. The bank earned $145.22 million during the quarter, compared to analyst estimates of $149.30 million. Independent Bank Group had a trailing twelve-month return on equity of 9.41% and a net margin of 34.94%.
View Independent Bank Group's earnings history
.

How has Independent Bank Group's stock been impacted by Coronavirus?

Independent Bank Group's stock was trading at $32.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, IBTX stock has increased by 112.4% and is now trading at $68.77.
View which stocks have been most impacted by COVID-19
.

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 Monday, July 26th. Investors of record on Thursday, August 5th will be given a dividend of $0.34 per share on Thursday, August 19th. This represents a $1.36 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Wednesday, August 4th. This is a boost from Independent Bank Group's previous quarterly dividend of $0.32.
View Independent Bank Group's dividend history
.

Is Independent Bank Group a good dividend stock?

Independent Bank Group pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.02%. Independent Bank Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Independent Bank Group is 27.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Independent Bank Group will have a dividend payout ratio of 27.25% next year. This indicates that Independent Bank Group will be able to sustain or increase its dividend.
View Independent Bank Group's dividend history.

What price target have analysts set for IBTX?

4 brokerages have issued 12-month price targets for Independent Bank Group's stock. Their forecasts range from $48.50 to $87.00. On average, they anticipate Independent Bank Group's share price to reach $74.17 in the next year. This suggests a possible upside of 7.8% from the stock's current price.
View analysts' price targets for Independent Bank Group
or view top-rated stocks among Wall Street analysts.

Who are Independent Bank Group's key executives?

Independent Bank Group's management team includes the following people:
  • David R. Brooks, Chairman, President & Chief Executive Officer
  • James C. White, Chief Operating Officer & Executive Vice President
  • Michelle S. Hickox, Chief Financial Officer & Executive Vice President
  • Mark S. Haynie, Executive Vice President & General Counsel
  • Michael B. Hobbs, Chief Lending Officer & Executive Vice President

What is David R. Brooks' approval rating as Independent Bank Group's CEO?

13 employees have rated Independent Bank Group CEO David R. Brooks on Glassdoor.com. David R. Brooks has an approval rating of 86% among Independent Bank Group'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).

What is Independent Bank Group's stock symbol?

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

Who are Independent Bank Group's major shareholders?

Independent Bank Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.84%), Vanguard Group Inc. (9.41%), Dimensional Fund Advisors LP (5.56%), State Street Corp (4.45%), American Century Companies Inc. (3.04%) and Price T Rowe Associates Inc. MD (2.63%). Company insiders that own Independent Bank Group stock include Alicia Kuhn Harrison, Daniel W Brooks, David R Brooks, G Stacy Smith, James C White, James C White, James P Tippit, John Webb Jennings III, Mark K Gormley, Mark S Haynie, Michael B Hobbs, Michelle S Hickox and William E Fair.
View institutional ownership trends for Independent Bank Group
.

Which institutional investors are selling Independent Bank Group stock?

IBTX stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, JPMorgan Chase & Co., California Public Employees Retirement System, BlackRock Inc., FMR LLC, Comerica Bank, Alliancebernstein L.P., and Bridgeway Capital Management LLC. Company insiders that have sold Independent Bank Group company stock in the last year include Daniel W Brooks, David R Brooks, G Stacy Smith, James C White, James P Tippit, Mark S Haynie, Michael B Hobbs, and Michelle S Hickox.
View insider buying and selling activity for Independent Bank Group
or view top insider-selling stocks.

Which institutional investors are buying Independent Bank Group stock?

IBTX stock was purchased by a variety of institutional investors in the last quarter, including American Century Companies Inc., Vanguard Group Inc., State Street Corp, Summit Creek Advisors LLC, Geode Capital Management LLC, Walthausen & Co. LLC, Morgan Stanley, and Morgan Stanley. Company insiders that have bought Independent Bank Group stock in the last two years include Alicia Kuhn Harrison, G Stacy Smith, John Webb Jennings III, and William E Fair.
View insider buying and selling activity for Independent Bank Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Independent Bank Group's stock price today?

One share of IBTX stock can currently be purchased for approximately $68.77.

How much money does Independent Bank Group make?

Independent Bank Group has a market capitalization of $2.97 billion and generates $696.57 million in revenue each year. The bank earns $201.21 million in net income (profit) each year or $4.87 on an earnings per share basis.

How many employees does Independent Bank Group have?

Independent Bank Group employs 1,513 workers across the globe.

What is Independent Bank Group's official website?

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

Where are Independent Bank Group's headquarters?

Independent Bank Group is headquartered at 7777 HENNEMAN WAY, MCKINNEY TX, 75070.

How can I contact Independent Bank Group?

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


This page was last updated on 9/25/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.