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

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$50.19 +0.75 (+1.52 %)
(As of 03/26/2019 10:06 AM ET)
Previous Close$49.44
Today's Range$49.26 - $50.48
52-Week Range$44.14 - $79.00
Volume48 shs
Average Volume200,727 shs
Market Capitalization$2.20 billion
P/E Ratio11.33
Dividend Yield2.02%
Beta1.48
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products, including demand deposits, money market accounts, and certificates of deposit. 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 installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, 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 December 31, 2018, the company operated 73 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

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Industry, Sector and Symbol

Industry State commercial banks
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$4.5257 per share
Book Value$52.50 per share

Profitability

Net Income$128.26 million

Miscellaneous

Employees1,087
Market Cap$2.20 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. Stockholders 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 dividend yield of 1.99%. The ex-dividend date 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.

How were Independent Bank Group's earnings last quarter?

Independent Bank Group Inc (NASDAQ:IBTX) posted its earnings results on Monday, January, 28th. The bank reported $1.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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 return on equity of 8.72% and a net margin of 28.53%. During the same period in the prior year, the company earned $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 analysts have issued 12 month price objectives for Independent Bank Group's stock. 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 32.5% 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 articles about IBTX stock have been trending somewhat negative recently, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. 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 news impact score of -1.4 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

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 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.

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 bought 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 $50.19.

How big of a company is Independent Bank Group?

Independent Bank Group has a market capitalization of $2.20 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.

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:  200 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  504
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 3/26/2019 by MarketBeat.com Staff

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