NASDAQ:IBTX - Independent Bank Group Stock Price, Price Target & More

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$67.05 -0.35 (-0.52 %)
(As of 07/16/2018 06:00 AM ET)
Previous Close$67.05
Today's Range$66.50 - $67.70
52-Week Range$51.70 - $79.00
Volume103,427 shs
Average Volume210,167 shs
Market Capitalization$1.90 billion
P/E Ratio19.43
Dividend Yield0.84%
Independent Bank Group logoIndependent 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 December 31, 2017, the company operated 70 banking offices located in the Dallas/North Texas area, Austin/Central Texas area, and the Houston metropolitan area. 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


Debt-to-Equity Ratio0.48
Current Ratio1.04
Quick Ratio1.03


Trailing P/E Ratio19.43
Forward P/E Ratio14.30
P/E GrowthN/A

Sales & Book Value

Annual Sales$349.20 million
Price / Sales5.45
Cash Flow$3.3475 per share
Price / Cash20.03
Book Value$47.38 per share
Price / Book1.42


EPS (Most Recent Fiscal Year)$3.45
Net Income$76.51 million
Net Margins23.25%
Return on Equity7.81%
Return on Assets1.17%


Outstanding Shares28,370,000
Market Cap$1,902.34

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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, April 26th. Shareholders of record on Monday, May 7th will be given a dividend of $0.14 per share on Thursday, May 17th. This represents a $0.56 annualized dividend and a yield of 0.84%. The ex-dividend date is Friday, May 4th. This is a positive change from Independent Bank Group's previous quarterly dividend of $0.12. View Independent Bank Group's Dividend History.

How were Independent Bank Group's earnings last quarter?

Independent Bank Group Inc (NASDAQ:IBTX) announced its quarterly earnings results on Monday, April, 23rd. The bank reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by $0.04. The bank had revenue of $83.42 million for the quarter, compared to analyst estimates of $83.80 million. Independent Bank Group had a return on equity of 7.81% and a net margin of 23.25%. During the same period last year, the firm posted $0.84 earnings per share. 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, July, 23rd 2018. View Earnings Estimates for Independent Bank Group.

What price target have analysts set for IBTX?

6 equities research analysts have issued 1 year target prices for Independent Bank Group's stock. Their predictions range from $69.00 to $80.00. On average, they expect Independent Bank Group's stock price to reach $73.40 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price. View Analyst Ratings for Independent Bank Group.

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

6 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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)

Has Independent Bank Group been receiving favorable news coverage?

News headlines about IBTX stock have trended somewhat positive recently, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Independent Bank Group earned a daily sentiment score of 0.11 on Accern's scale. They also gave press coverage about the bank an impact score of 45.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Independent Bank Group's major shareholders?

Independent Bank Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.33%) and Campbell & CO Investment Adviser LLC (0.03%). Company insiders that own Independent Bank Group stock include Brian E Hobart, Daniel W Brooks, David R 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 Peregrine Capital Management LLC. Company insiders that have sold Independent Bank Group company stock in the last year include Brian E Hobart, Daniel W Brooks, Douglas A Cifu, James C White, Jan C Webb and John Webb Jennings III. View Insider Buying and Selling for Independent Bank Group.

Which major investors are buying Independent Bank Group stock?

IBTX stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC. Company insiders that have bought Independent Bank Group stock in the last two years include G Stacy Smith 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 $67.05.

How big of a company is Independent Bank Group?

Independent Bank Group has a market capitalization of $1.90 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.

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:  1.9 out of 5 (star)
Outperform Votes:  146 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  377
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 7/16/2018 by Staff

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