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 1.88%. The ex-dividend date of this dividend is Friday, August 2nd. View Independent Bank Group's Dividend History.

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

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Independent Bank Group.

3 equities research analysts have issued 1 year target prices for Independent Bank Group's shares. Their predictions range from $61.00 to $67.00. On average, they expect Independent Bank Group's share price to reach $64.00 in the next year. This suggests a possible upside of 20.4% 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.

Media coverage about IBTX stock has been trending somewhat negative this week, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of 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 -1.3 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Independent Bank Group.

Some companies that are related to Independent Bank Group include Commerce Bancshares (CBSH), East West Bancorp (EWBC), Signature Bank (SBNY), First Citizens BancShares (FCNCA), Popular (BPOP), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), IBERIABANK (IBKC), United Bankshares (UBSI), Wintrust Financial (WTFC), First Hawaiian (FHB), Bank Ozk (OZK), 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), Virtu Financial (VIRT), Alibaba Group (BABA), General Electric (GE), Amgen (AMGN), Landmark Infrastructure Partners LP Unit (LMRK), Chevron (CVX), Enterprise Products Partners (EPD), Kinder Morgan (KMI) and The Coca-Cola (KO).

Independent Bank Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.89%), BlackRock Inc. (6.39%), Price T Rowe Associates Inc. MD (5.97%), Northern Trust Corp (1.13%), Mendon Capital Advisors Corp (0.97%) and Investment Counselors of Maryland LLC (0.92%). 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 Mendon Capital Advisors Corp, RMB Capital Management LLC, MUFG Securities EMEA plc, Renaissance Technologies LLC, Man Group plc, Vanguard Group Inc., Chartwell Investment Partners LLC and Phocas Financial Corp.. 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Price T Rowe Associates Inc. MD, Keeley Teton Advisors LLC, Northern Trust Corp, Covenant Multifamily Offices LLC, Bank of America Corp DE and Jane Street Group LLC. 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 $53.17.

Independent Bank Group has a market capitalization of $2.32 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.