Independent Bank Group (IBTX) Stock Price, News & Analysis

Company Overview

Independent Bank Group, Inc., through its subsidiary, Independent Bank provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It accepts various deposit products, including checking and savings accounts, 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, such as SBA guaranteed loans, business term loans, 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, as well as mortgage warehouse purchase loans. In addition, it offers debit and credit cards, online and mobile banking, estatement, bank-by-mail, and direct deposit services; wealth management services; and business accounts and management services consisting of analyzed business checking, business savings, and treasury management services. The company was incorporated in 2002 and is headquartered in McKinney, Texas.

Key Stats

• Today's Range: $59.76 to $61.32
• 50-Day Range: $59.34 to $67.74
• 52-Week Range: $49.58 to $68.66
• Volume: 1.55 million shs
• Average Volume: 228,851 shs
• Market Capitalization: $2.51 billion
• P/E Ratio: N/A
• Dividend Yield: 2.51%
• Price Target: $72.00
• Consensus Rating: Moderate Buy

Independent Bank Group Stock Analysis - MarketRank™

Independent Bank Group scored higher than 41% of companies evaluated by MarketBeat, and ranked 777th out of 944 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Independent Bank Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Independent Bank Group has a consensus price target of $72.00, representing about 18.7% upside from its current price of $60.67.

Amount of Analyst Coverage

Independent Bank Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 46.30%

Earnings Growth

Earnings for Independent Bank Group are expected to grow by 46.30% in the coming year, from $2.70 to $3.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Independent Bank Group is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Independent Bank Group is -5.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Independent Bank Group has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IBTX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Independent Bank Group pays a meaningful dividend of 2.47%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Independent Bank Group does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Independent Bank Group will have a dividend payout ratio of 38.48% next year. This indicates that Independent Bank Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for IBTX.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Independent Bank Group this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Independent Bank Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.50% of the stock of Independent Bank Group is held by insiders.

Percentage Held by Institutions

77.90% of the stock of Independent Bank Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IBTX Stock Analysis - Frequently Asked Questions

How were Independent Bank Group's earnings last quarter?

Independent Bank Group, Inc. (NASDAQ:IBTX) posted its quarterly earnings results on Monday, October, 21st. The bank reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.71 by $0.21. The bank earned $255.18 million during the quarter, compared to analysts' expectations of $124.48 million. Independent Bank Group had a positive trailing twelve-month return on equity of 4.49% and a negative net margin of 43.45%.
Read the conference call transcript.

What other stocks do shareholders of Independent Bank Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Independent Bank Group investors own include JPMorgan Chase & Co. (JPM), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Last Earnings: 10/21/2024
• Today: 10/18/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:IBTX
• CIK: 1564618
• Web: www.independent-bank.com
• Phone: (972) 562-9004
• Fax: N/A
• Employees: 1,550
• Year Founded: 1864

Price Target and Rating

• Average Price Target for Independent Bank Group: $72.00
• High Price Target: $81.00
• Low Price Target: $63.00
• Potential Upside/Downside: +18.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($10.46)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 22.47
• P/E Growth: N/A
• Net Income: $43.20 million
• Net Margins: -43.45%
• Pretax Margin: -41.41%
• Return on Equity: 4.49%
• Return on Assets: 0.52%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 0.97
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $471.74 million
• Price / Sales: 5.33
• Cash Flow: $3.90 per share
• Price / Cash Flow: 15.56
• Book Value: $58.20 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 41,436,000
• Free Float: 39,986,000
• Market Cap: $2.51 billion
• Optionable: Optionable
• Beta: 1.39