S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13

Independent Bank Group Stock Forecast, Price & News

-0.50 (-0.70%)
(As of 12/3/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
136,226 shs
Average Volume
128,561 shs
Market Capitalization
$3.03 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
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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.


See More Headlines

Industry, Sector and Symbol

State commercial banks
Current Symbol
Year Founded

Sales & Book Value

Annual Sales
$696.57 million
Cash Flow
$4.79 per share
Book Value
$59.78 per share


Net Income
$201.21 million
Pretax Margin




Free Float
Market Cap
$3.03 billion

Company Calendar

Last Earnings
Dividend Payable
Fiscal Year End
Next Earnings (Estimated)


Overall MarketRank

2.37 out of 5 stars

Finance Sector

397th out of 1,333 stocks

State Commercial Banks Industry

77th out of 231 stocks

Analyst Opinion: 2.5Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -

Independent Bank Group (NASDAQ:IBTX) Frequently Asked Questions

Is Independent Bank Group a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Independent Bank Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Independent Bank Group stock.
View analyst ratings for Independent Bank Group
or view top-rated stocks.

How has Independent Bank Group's stock been impacted by Coronavirus (COVID-19)?

Independent Bank Group's stock was trading at $32.38 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IBTX shares have increased by 117.7% and is now trading at $70.50.
View which stocks have been most impacted by COVID-19

Are investors shorting Independent Bank Group?

Independent Bank Group saw a decline in short interest in the month of October. As of October 29th, there was short interest totaling 767,500 shares, a decline of 17.8% from the October 14th total of 933,600 shares. Based on an average daily trading volume, of 123,500 shares, the short-interest ratio is currently 6.2 days. Approximately 2.1% of the shares of the company are short sold.
View Independent Bank Group's Short Interest

When is Independent Bank Group's next earnings date?

Independent Bank Group is scheduled to release its next quarterly earnings announcement on Monday, February 7th 2022.
View our earnings forecast for Independent Bank Group

How were Independent Bank Group's earnings last quarter?

Independent Bank Group, Inc. (NASDAQ:IBTX) issued its quarterly earnings data on Sunday, October, 24th. The bank reported $1.22 EPS for the quarter, missing the consensus estimate of $1.30 by $0.08. The bank had revenue of $145.54 million for the quarter, compared to analyst estimates of $147.96 million. Independent Bank Group had a net margin of 34.62% and a trailing twelve-month return on equity of 9.05%. During the same period last year, the company earned $1.38 EPS.
View Independent Bank Group's earnings history

How often does Independent Bank Group pay dividends? What is the dividend yield for Independent Bank Group?

Independent Bank Group declared a quarterly dividend on Thursday, October 28th. Investors of record on Thursday, November 11th will be paid a dividend of $0.36 per share on Wednesday, November 24th. This represents a $1.44 annualized dividend and a dividend yield of 2.04%. The ex-dividend date of this dividend is Tuesday, November 9th. This is a positive change from Independent Bank Group's previous quarterly dividend of $0.34.
View Independent Bank Group's dividend history

Is Independent Bank Group a good dividend stock?

Independent Bank Group pays an annual dividend of $1.44 per share and currently has a dividend yield of 2.03%. Independent Bank Group has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Independent Bank Group is 27.17%. 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 30.06% 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?

2 Wall Street analysts have issued 12 month target prices for Independent Bank Group's stock. Their forecasts range from $87.00 to $87.00. On average, they anticipate Independent Bank Group's stock price to reach $87.00 in the next twelve months. This suggests a possible upside of 23.4% 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 & Chief Executive Officer
  • Michael B. Hobbs, President & Chief Operating Officer
  • Michelle S. Hickox, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
  • James C. White, Executive Vice President
  • Mark S. Haynie, Executive Vice President & General Counsel

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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.54%), Capital Research Global Investors (5.79%), Dimensional Fund Advisors LP (5.54%), American Century Companies Inc. (3.25%), Macquarie Group Ltd. (2.11%) and Geode Capital Management LLC (1.60%). 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 major investors are selling Independent Bank Group stock?

IBTX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Chartwell Investment Partners LLC, UBS Group AG, Alliancebernstein L.P., Citigroup Inc., Dimensional Fund Advisors LP, Rafferty Asset Management LLC, and Brandywine Global Investment 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 major investors are buying Independent Bank Group stock?

IBTX stock was bought by a variety of institutional investors in the last quarter, including Fort Washington Investment Advisors Inc. OH, American Century Companies Inc., SG Americas Securities LLC, Two Sigma Investments LP, Eaton Vance Management, BNP Paribas Arbitrage SA, Morgan Stanley, and Voloridge Investment Management LLC. 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 $70.50.

How much money does Independent Bank Group make?

Independent Bank Group has a market capitalization of $3.03 billion and generates $696.57 million in revenue each year. The bank earns $201.21 million in net income (profit) each year or $5.30 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 12/5/2021 by MarketBeat.com Staff


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