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, October 25th. Shareholders of record on Monday, November 5th will be given a dividend of $0.14 per share on Thursday, November 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, November 2nd. View Independent Bank Group's Dividend History.

Independent Bank Group Inc (NASDAQ:IBTX) posted its quarterly earnings data on Monday, October, 22nd. The bank reported $1.20 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $1.20. The bank had revenue of $99.02 million for the quarter, compared to the consensus estimate of $96.47 million. Independent Bank Group had a return on equity of 8.51% and a net margin of 26.53%. During the same quarter in the previous year, the firm posted $0.89 EPS. View Independent Bank Group's Earnings History.

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

Independent Bank Group will be holding an earnings conference call on Tuesday, January 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773037611.

5 brokers have issued 1 year price targets for Independent Bank Group's shares. Their predictions range from $61.00 to $80.00. On average, they anticipate Independent Bank Group's stock price to reach $66.50 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for Independent Bank Group.

5 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 4 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 trended extremely positive on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Independent Bank Group earned a coverage optimism score of 4.1 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.

Some companies that are related to Independent Bank Group include Popular (BPOP), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN), Investors Bancorp (ISBC), Wintrust Financial (WTFC), Bank Ozk (OZK), IBERIABANK (IBKC), Glacier Bancorp (GBCI), United Bankshares (UBSI), Associated Banc (ASB), First Hawaiian (FHB), Bank of Hawaii (BOH) and CVB Financial (CVBF).

Independent Bank Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Summit Creek Advisors LLC (0.70%), Peregrine Capital Management LLC (0.45%) and Polaris Greystone Financial Group LLC (0.02%). Company insiders that own Independent Bank Group stock include Brian E Hobart, Craig E Holmes, Daniel W 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 Summit Creek Advisors LLC and Polaris Greystone Financial Group LLC. Company insiders that have sold Independent Bank Group company stock in the last year include Douglas A Cifu, James C White, Jan C Webb, John Webb Jennings III and Michelle S Hickox. View Insider Buying and Selling for Independent Bank Group.

IBTX stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. Company insiders that have bought Independent Bank Group stock in the last two years include Brian E Hobart, Craig E Holmes, 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 $52.71.

Independent Bank Group has a market capitalization of $1.61 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.

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.