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

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$56.53 +0.94 (+1.69 %)
(As of 03/19/2019 01:38 AM ET)
Previous Close$55.59
Today's Range$55.37 - $56.62
52-Week Range$44.14 - $79.00
Volume144,369 shs
Average Volume259,012 shs
Market Capitalization$2.47 billion
P/E Ratio12.67
Dividend Yield1.79%
Beta1.48
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products, including checking and savings accounts, demand accounts, money market accounts, and certificates of deposit, as well as individual retirement accounts. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment financing, and lines of credit and energy related loans; agricultural loans for farmers and ranchers; consumer loans, such as installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online banking, mobile banking, eStatements, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of September 13, 2018, the company operated 74 banking offices locations that extend from the Gulf Coast of Texas to the Rocky Mountains. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:IBTX
CUSIPN/A
Phone972-562-9004

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$449.51 million
Cash Flow$4.4830 per share
Book Value$52.50 per share

Profitability

Net Income$128.26 million

Miscellaneous

EmployeesN/A
Market Cap$2.47 billion
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable

Independent Bank Group (NASDAQ:IBTX) Frequently Asked Questions

What is Independent Bank Group's stock symbol?

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

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, January 31st. Shareholders of record on Monday, February 11th will be given a dividend of $0.25 per share on Thursday, February 21st. This represents a $1.00 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Friday, February 8th. This is a positive change from Independent Bank Group's previous quarterly dividend of $0.14. View Independent Bank Group's Dividend History.

How were Independent Bank Group's earnings last quarter?

Independent Bank Group Inc (NASDAQ:IBTX) released its quarterly earnings results on Monday, January, 28th. The bank reported $1.12 EPS for the quarter, missing the Zacks' consensus estimate of $1.21 by $0.09. The bank earned $97 million during the quarter, compared to analyst estimates of $98.47 million. Independent Bank Group had a net margin of 28.53% and a return on equity of 8.72%. During the same quarter last year, the firm posted $0.90 EPS. View Independent Bank Group's Earnings History.

When is Independent Bank Group's next earnings date?

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

What price target have analysts set for IBTX?

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 anticipate Independent Bank Group's share price to reach $66.50 in the next year. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Independent Bank Group.

What is the consensus analysts' recommendation 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.

Has Independent Bank Group been receiving favorable news coverage?

News stories about IBTX stock have been trending somewhat positive on Tuesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Independent Bank Group earned a media sentiment score of 1.4 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are some of Independent Bank Group's key 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 Guaranty Bancorp (GBNK), Enterprise Products Partners (EPD), General Electric (GE), Alibaba Group (BABA), Amgen (AMGN), Ford Motor (F), Pfizer (PFE), Kinder Morgan (KMI), Schlumberger (SLB) and JPMorgan Chase & Co. (JPM).

Who are Independent Bank Group's key executives?

Independent Bank Group's management team includes the folowing people:
  • Mr. David R. Brooks, Chairman, Pres & CEO (Age 60)
  • Mr. Daniel W. Brooks, Vice Chairman & Chief Risk Officer (Age 59)
  • Ms. Michelle S. Hickox, Exec. VP & CFO (Age 51)
  • Mr. James C. White, Exec. VP & COO (Age 54)
  • Mr. Brian E. Hobart, Vice Chairman & Chief Lending Officer (Age 53)

Who are Independent Bank Group's major shareholders?

Independent Bank Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.76%), BlackRock Inc. (5.32%), Macquarie Group Ltd. (2.99%), Mendon Capital Advisors Corp (1.85%), Geode Capital Management LLC (1.32%) and Geode Capital Management LLC (1.32%). 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.

Which institutional investors are selling Independent Bank Group stock?

IBTX stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., RMB Capital Management LLC, Millennium Management LLC, Mendon Capital Advisors Corp, John W. Rosenthal Capital Management Inc., Hodges Capital Management Inc., 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 James C White, Jan C Webb, Michelle S Hickox and Paul W Taylor. View Insider Buying and Selling for Independent Bank Group.

Which institutional investors are buying Independent Bank Group stock?

IBTX stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Dimensional Fund Advisors LP, Geode Capital Management LLC, Geode Capital Management LLC, Investment Counselors of Maryland LLC, SCW Capital Management LP, Bayview Asset Management LLC and BlackRock 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Independent Bank Group's stock price today?

One share of IBTX stock can currently be purchased for approximately $56.53.

How big of a company is Independent Bank Group?

Independent Bank Group has a market capitalization of $2.47 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.

What is Independent Bank Group's official website?

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

How can I contact Independent Bank Group?

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.


MarketBeat Community Rating for Independent Bank Group (NASDAQ IBTX)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  198 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  499
MarketBeat's community ratings are surveys of what our community members think about Independent Bank Group and other stocks. Vote "Outperform" if you believe IBTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IBTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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