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

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

Independent Bank Group declared a quarterly dividend on Thursday, January 31st. Shareholders 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 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Friday, February 8th. This is an increase from Independent Bank Group's previous quarterly dividend of $0.14. View Independent Bank Group's Dividend History.

Independent Bank Group Inc (NASDAQ:IBTX) announced its quarterly earnings data on Monday, January, 28th. The bank reported $1.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.21 by $0.09. The bank had revenue of $97 million for the quarter, compared to analysts' expectations of $98.47 million. Independent Bank Group had a return on equity of 8.72% and a net margin of 28.53%. During the same quarter in the previous year, the business posted $0.90 EPS. View Independent Bank Group's Earnings History.

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

4 brokerages have issued 12-month target prices for Independent Bank Group's stock. Their forecasts range from $61.00 to $80.00. On average, they expect Independent Bank Group's stock price to reach $66.50 in the next twelve months. This suggests a possible upside of 34.5% 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 coverage about IBTX stock has been trending somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Independent Bank Group earned a news impact score of -1.8 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the company's share price in the immediate future.

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

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).

Independent Bank Group's stock is owned by many different of institutional and retail investors. Top institutional investors 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.

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.

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.

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 $49.44.

Independent Bank Group has a market capitalization of $2.16 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.