NASDAQ:IBTX - Independent Bank Group Stock Price, Price Target & More

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

Independent Bank Group announced a quarterly dividend on Thursday, April 26th. Shareholders of record on Monday, May 7th will be given a dividend of $0.14 per share on Thursday, May 17th. This represents a $0.56 annualized dividend and a yield of 0.84%. The ex-dividend date is Friday, May 4th. This is a positive change from Independent Bank Group's previous quarterly dividend of $0.12. View Independent Bank Group's Dividend History.

Independent Bank Group Inc (NASDAQ:IBTX) announced its quarterly earnings results on Monday, April, 23rd. The bank reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by $0.04. The bank had revenue of $83.42 million for the quarter, compared to analyst estimates of $83.80 million. Independent Bank Group had a return on equity of 7.81% and a net margin of 23.25%. During the same period last year, the firm posted $0.84 earnings per share. View Independent Bank Group's Earnings History.

Independent Bank Group is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Independent Bank Group.

6 equities research analysts have issued 1 year target prices for Independent Bank Group's stock. Their predictions range from $69.00 to $80.00. On average, they expect Independent Bank Group's stock price to reach $73.40 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price. View Analyst Ratings for Independent Bank Group.

6 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Independent Bank Group include Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Associated Banc (ASB), Popular (BPOP), Texas Capital Bancshares (TCBI), Hancock (HBHC), IBERIABANK (IBKC), Chemical Financial (CHFC), Home Bancshares (HOMB) and First Hawaiian Bank (FHB).

News headlines about IBTX stock have trended somewhat positive recently, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Independent Bank Group earned a daily sentiment score of 0.11 on Accern's scale. They also gave press coverage about the bank an impact score of 45.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Independent Bank Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.33%) and Campbell & CO Investment Adviser LLC (0.03%). Company insiders that own Independent Bank Group stock include Brian E Hobart, Daniel W Brooks, David R Brooks, Douglas A Cifu, G Stacy Smith, James C White, Jan C Webb, John Webb Jennings III, Michelle S Hickox and Vincent J Viola. View Institutional Ownership Trends for Independent Bank Group.

IBTX stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. Company insiders that have sold Independent Bank Group company stock in the last year include Brian E Hobart, Daniel W Brooks, Douglas A Cifu, James C White, Jan C Webb and John Webb Jennings III. View Insider Buying and Selling for Independent Bank Group.

IBTX stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC. Company insiders that have bought Independent Bank Group stock in the last two years include G Stacy Smith 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 $67.05.

Independent Bank Group has a market capitalization of $1.90 billion and generates $349.20 million in revenue each year. The bank earns $76.51 million in net income (profit) each year or $3.45 on an earnings per share basis. Independent Bank Group employs 924 workers across the globe.

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.