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

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

Independent Bank Group declared a quarterly dividend on Thursday, January 31st. Investors of record on Monday, February 11th will be given a dividend of $0.25 per share on Thursday, February 21st. This represents a $1.00 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Friday, February 8th. This is a boost from Independent Bank Group's previous quarterly dividend of $0.14. View Independent Bank Group's Dividend History.

Independent Bank Group Inc (NASDAQ:IBTX) posted its quarterly earnings data on Monday, January, 28th. The bank reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.21 by $0.09. The bank had revenue of $97 million for the quarter, compared to analyst estimates of $98.47 million. Independent Bank Group had a return on equity of 8.89% and a net margin of 28.53%. During the same quarter in the previous year, the firm earned $0.90 EPS. View Independent Bank Group's Earnings History.

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for Independent Bank Group.

4 Wall Street analysts have issued 1-year price objectives for Independent Bank Group's shares. Their forecasts range from $61.00 to $80.00. On average, they anticipate Independent Bank Group's stock price to reach $66.50 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Independent Bank Group.

4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Independent Bank Group.

News coverage about IBTX stock has trended neutral recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Independent Bank Group earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Independent Bank Group saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,427,597 shares, a decrease of 30.8% from the December 31st total of 2,063,835 shares. Based on an average daily trading volume, of 389,049 shares, the short-interest ratio is currently 3.7 days. Currently, 6.3% of the company's shares are sold short. View Independent Bank Group's Current Options Chain.

Some companies that are related to Independent Bank Group include Popular (BPOP), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Investors Bancorp (ISBC), First Financial Bankshares (FFIN), IBERIABANK (IBKC), Wintrust Financial (WTFC), Bank Ozk (OZK), United Bankshares (UBSI), Associated Banc (ASB), First Hawaiian (FHB), Glacier Bancorp (GBCI), Home Bancshares (HOMB) and Bank of Hawaii (BOH).

Independent Bank Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.76%), BlackRock Inc. (5.32%), Macquarie Group Ltd. (2.99%), Mendon Capital Advisors Corp (1.85%), Geode Capital Management LLC (1.32%) and Northern Trust Corp (0.96%). Company insiders that own Independent Bank Group stock include Brian E Hobart, Craig E Holmes, Daniel W Brooks, Donald L Poarch, Douglas A Cifu, G Stacy Smith, James C White, Jan C Webb, John Webb Jennings III, Michelle S Hickox, Paul W Taylor 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 Victory Capital Management Inc., RMB Capital Management LLC, Millennium Management LLC, Mendon Capital Advisors Corp, John W. Rosenthal Capital Management Inc., Hodges Capital Management Inc., CIBC Private Wealth Group LLC and Summit Creek Advisors LLC. 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, 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 Dimensional Fund Advisors LP, Geode Capital Management LLC, Investment Counselors of Maryland LLC, SCW Capital Management LP, Bayview Asset Management LLC, BlackRock Inc., Basswood Capital Management L.L.C. and Macquarie Group Ltd.. Company insiders that have bought Independent Bank Group stock in the last two years include 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, Scottrade, Fidelity and Charles Schwab.

One share of IBTX stock can currently be purchased for approximately $57.75.

Independent Bank Group has a market capitalization of $1.76 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 924 workers across the globe.

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

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.