Independent Bank Group (IBTX) Stock Forecast, Price & News

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 twelve months. There are currently 1 hold rating and 1 buy rating 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.

When is Independent Bank Group's next earnings date?

Independent Bank Group is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for Independent Bank Group.

How were Independent Bank Group's earnings last quarter?

Independent Bank Group, Inc. (NASDAQ:IBTX) released its earnings results on Monday, April, 25th. The bank reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.14 by $0.08. The bank earned $144.03 million during the quarter, compared to analyst estimates of $143.21 million. Independent Bank Group had a net margin of 33.81% and a trailing twelve-month return on equity of 8.54%. Independent Bank Group's revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.39 earnings per share.
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 announced a quarterly dividend on Monday, April 25th. Stockholders of record on Thursday, May 5th will be paid a dividend of $0.38 per share on Thursday, May 19th. This represents a $1.52 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Wednesday, May 4th.
View Independent Bank Group's dividend history.

Is Independent Bank Group a good dividend stock?

Independent Bank Group pays an annual dividend of $1.52 per share and currently has a dividend yield of 2.20%. Independent Bank Group has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Independent Bank Group is 30.40%. 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 26.71% 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 price targets for Independent Bank Group's stock. Their forecasts range from $85.00 to $85.00. On average, they expect Independent Bank Group's stock price to reach $85.00 in the next twelve months. This suggests a possible upside of 22.8% 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:

• Mr. David R. Brooks, CEO & Chairman (Age 63, Pay $1.68M)
• Mr. Michael B. Hobbs, Pres & COO (Age 59, Pay $1.06M) (LinkedIn Profile)
• Ms. Michelle S. Hickox, Exec. VP & CFO (Age 54, Pay $754.25k) (LinkedIn Profile)
• Mr. John G. Turpen, Exec. VP & Chief Risk Officer (Age 53, Pay $425.85k)
• Mr. James C. White, Exec. VP & COO (Age 57)
• Ms. Leslie Beseda, Exec. VP & Chief Accounting Officer
• Mr. Mark S. Haynie Esq., Exec. VP & Gen. Counsel (Age 66)
• Peggy Smolen, Sr. VP of Marketing & Communications
• Mr. Paul B. Langdale, Exec. VP, Director of Corp. Devel. & Strategy
• Schwinn Feng, Chief Marketing Officer

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.

Who are some of Independent Bank Group's key competitors?

Some companies that are related to Independent Bank Group include Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Popular (BPOP), First Financial Bankshares (FFIN), SouthState (SSB), Glacier Bancorp (GBCI), Bank OZK (OZK), United Bankshares (UBSI), Wintrust Financial (WTFC), ServisFirst Bancshares (SFBS) and Home Bancshares, Inc. (Conway, AR) (HOMB).
View all of IBTX's competitors.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (14.02%), Vanguard Group Inc. (9.79%), Capital Research Global Investors (7.20%), Dimensional Fund Advisors LP (5.64%), State Street Corp (4.70%) and American Century Companies Inc. (2.30%). Company insiders that own Independent Bank Group stock include Alicia Kuhn Harrison, Daniel W Brooks, David R Brooks, David R Brooks, David R Brooks, G Stacy Smith, James C White, James C White, James P Tippit, John Webb Jennings III, Mark S Haynie, Michael B Hobbs and Michelle S Hickox.
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 American Century Companies Inc., Eaton Vance Management, Summit Creek Advisors LLC, BlackRock Inc., Chartwell Investment Partners LLC, Royce & Associates LP, Sei Investments Co., and SG Americas Securities LLC. Company insiders that have sold Independent Bank Group company stock in the last year include G Stacy Smith, James C White, John Webb Jennings III, 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 Capital Research Global Investors, State Street Corp, Truist Financial Corp, Vanguard Group Inc., Invesco Ltd., B. Metzler seel. Sohn & Co. AG, WCM Investment Management LLC, and Denali Advisors LLC.
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.
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What is Independent Bank Group's stock price today?

One share of IBTX stock can currently be purchased for approximately $69.22.

How much money does Independent Bank Group make?

Independent Bank Group has a market capitalization of $2.93 billion and generates $650.08 million in revenue each year. The bank earns $224.75 million in net income (profit) each year or $5.00 on an earnings per share basis.

How many employees does Independent Bank Group have?

Independent Bank Group employs 1,543 workers across the globe.

What is Independent Bank Group's official website?

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

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.