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. Investors 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 1.79%. 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) released its quarterly earnings data on Monday, April, 22nd. The bank reported $1.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.19. The bank had revenue of $138.08 million for the quarter, compared to analysts' expectations of $137.40 million. Independent Bank Group had a return on equity of 8.72% and a net margin of 28.53%. View Independent Bank Group's Earnings History.

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, July 22nd 2019. View Earnings Estimates for Independent Bank Group.

4 brokerages have issued 12-month price objectives for Independent Bank Group's shares. Their predictions range from $61.00 to $80.00. On average, they expect Independent Bank Group's stock price to reach $68.50 in the next twelve months. This suggests a possible upside of 22.6% 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.

News stories about IBTX stock have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Independent Bank Group earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Independent Bank Group investors own include Guaranty Bancorp (GBNK), General Electric (GE), Intel (INTC), Virtu Financial (VIRT), Align Technology (ALGN), Amgen (AMGN), Independent Bank Co.(MI) (IBCP), QUALCOMM (QCOM), Western Digital (WDC) and Alibaba Group (BABA).

Independent Bank Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Chartwell Investment Partners LLC (0.65%), Summit Creek Advisors LLC (0.64%), Hodges Capital Management Inc. (0.39%), Peregrine Capital Management LLC (0.37%), Pennsylvania Trust Co (0.06%) and Pennsylvania Trust Co (0.06%). 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 Hodges Capital Management Inc. and Chartwell Investment Partners LLC. Company insiders that have sold Independent Bank Group company stock in the last year include James C White, Jan C Webb, 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 Summit Creek Advisors LLC, Pennsylvania Trust Co, Pennsylvania Trust Co, Peregrine Capital Management LLC, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV, First Manhattan Co. and Oppenheimer Asset Management Inc.. 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 $55.89.

Independent Bank Group has a market capitalization of $2.44 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.

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.