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

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

Independent Bank Group announced a quarterly dividend on Wednesday, July 24th. Investors of record on Monday, August 5th will be given a dividend of $0.25 per share on Thursday, August 15th. This represents a $1.00 annualized dividend and a dividend yield of 1.96%. The ex-dividend date is Friday, August 2nd. View Independent Bank Group's Dividend History.

Independent Bank Group Inc (NASDAQ:IBTX) announced its quarterly earnings data on Monday, July, 22nd. The bank reported $1.22 earnings per share for the quarter, missing the consensus estimate of $1.27 by $0.05. The bank had revenue of $145.84 million for the quarter, compared to the consensus estimate of $138.67 million. Independent Bank Group had a net margin of 26.06% and a return on equity of 9.18%. View Independent Bank Group's Earnings History.

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, October 21st 2019. View Earnings Estimates for Independent Bank Group.

Independent Bank Group will be holding an earnings conference call on Monday, October 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokers have issued twelve-month price objectives for Independent Bank Group's shares. Their predictions range from $60.00 to $67.00. On average, they expect Independent Bank Group's share price to reach $62.67 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price. View Analyst Price Targets for Independent Bank Group.

3 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Independent Bank Group.

News headlines about IBTX stock have trended very negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Independent Bank Group earned a news impact score of -3.1 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Independent Bank Group.

Some companies that are related to Independent Bank Group include Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), First Citizens BancShares (FCNCA), Popular (BPOP), Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN), IBERIABANK (IBKC), United Bankshares (UBSI), Wintrust Financial (WTFC), Bank Ozk (OZK), First Hawaiian (FHB), Glacier Bancorp (GBCI) and Bank of Hawaii (BOH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Independent Bank Group investors own include Guaranty Bancorp (GBNK), Alibaba Group (BABA), Amgen (AMGN), Virtu Financial (VIRT), General Electric (GE), Schlumberger (SLB), Landmark Infrastructure Partners LP Unit (LMRK), NVIDIA (NVDA), Proofpoint (PFPT) and Allergan (AGN).

Independent Bank Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Summit Creek Advisors LLC (0.67%), Peregrine Capital Management LLC (0.30%), Envestnet Asset Management Inc. (0.12%) and CIBC Private Wealth Group LLC (0.03%). Company insiders that own Independent Bank Group stock include Alicia Kuhn Harrison, 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 Peregrine Capital Management LLC, 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 G Stacy Smith 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 Envestnet Asset Management Inc.. Company insiders that have bought Independent Bank Group stock in the last two years include Alicia Kuhn Harrison, 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, Robinhood, Fidelity and Charles Schwab.

One share of IBTX stock can currently be purchased for approximately $51.15.

Independent Bank Group has a market capitalization of $2.23 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 1,087 workers across the globe.View Additional Information About Independent Bank Group.

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

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