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

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

Independent Bank Group announced a quarterly dividend on Thursday, January 31st. Stockholders of record on Monday, February 11th will be paid a dividend of $0.25 per share on Thursday, February 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend 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) announced its earnings results on Monday, January, 28th. The bank reported $1.12 EPS for the quarter, missing the consensus estimate of $1.21 by $0.09. The bank earned $97 million during the quarter, compared to the consensus estimate of $98.47 million. Independent Bank Group had a net margin of 28.53% and a return on equity of 8.89%. During the same period last year, the firm posted $0.90 earnings per share. 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 brokers have issued 1 year target prices for Independent Bank Group's shares. Their predictions range from $61.00 to $80.00. On average, they anticipate Independent Bank Group's share price to reach $66.50 in the next year. This suggests a possible upside of 16.9% 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.

Media headlines about IBTX stock have been trending somewhat negative on Thursday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Independent Bank Group earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave media coverage 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 company's share price in the next several days.

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

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

Independent Bank Group's stock is owned by a number of of retail and institutional investors. Top institutional investors 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 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 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 acquired 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 $56.90.

Independent Bank Group has a market capitalization of $1.73 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.