NASDAQ:IBTX Independent Bank Group (IBTX) Stock Price, News & Analysis → These AI trades triggered this morning (545% return) (From Prosper Trading Academy) (Ad) Free IBTX Stock Alerts $39.34 +0.08 (+0.20%) (As of 04/26/2024 ET) Add Compare Share Share Today's Range$38.91▼$40.1150-Day Range$39.18▼$45.7852-Week Range$28.81▼$53.25Volume153,835 shsAverage Volume198,317 shsMarket Capitalization$1.63 billionP/E Ratio15.55Dividend Yield3.86%Price Target$48.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Independent Bank Group alerts: Email Address Independent Bank Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside22.9% Upside$48.33 Price TargetShort InterestBearish7.39% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.26Based on 33 Articles This WeekInsider TradingN/AProj. Earnings Growth51.71%From $2.63 to $3.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.16 out of 5 starsFinance Sector266th out of 846 stocksState Commercial Banks Industry59th out of 178 stocks 3.3 Analyst's Opinion Consensus RatingIndependent Bank Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageIndependent Bank Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.39% of the float of Independent Bank Group has been sold short.Short Interest Ratio / Days to CoverIndependent Bank Group has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.Change versus previous monthShort interest in Independent Bank Group has recently decreased by 2.94%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipIndependent Bank Group is a leading dividend payer. It pays a dividend yield of 3.87%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthIndependent Bank Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Independent Bank Group is 60.08%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Independent Bank Group will have a dividend payout ratio of 38.10% next year. This indicates that Independent Bank Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IBTX. Previous Next 2.4 News and Social Media Coverage News SentimentIndependent Bank Group has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 33 news articles for Independent Bank Group this week, compared to 2 articles on an average week.Search Interest2 people have searched for IBTX on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Independent Bank Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Independent Bank Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.40% of the stock of Independent Bank Group is held by insiders.Percentage Held by Institutions77.90% 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. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Independent Bank Group are expected to grow by 51.71% in the coming year, from $2.63 to $3.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Independent Bank Group is 15.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Independent Bank Group is 15.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 51.83.Price to Book Value per Share RatioIndependent Bank Group has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Prosper Trading AcademyThis AI Trade Machine Made 1,729%* (With 89% Wins)This A.I. trading software called out an options trade the other day with a nearly perfect historical win rate… And a cumulative gain of 1729%. How does it all work?Click Here To Get Your Free Copy About Independent Bank Group Stock (NASDAQ:IBTX)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.Read More IBTX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IBTX Stock News HeadlinesApril 27, 2024 | finance.yahoo.comIndependent Bank Group's (NASDAQ:IBTX) Dividend Will Be $0.38April 26, 2024 | finance.yahoo.comIndependent Bank Group First Quarter 2024 Earnings: Misses ExpectationsApril 28, 2024 | Prosper Trading Academy (Ad)This AI Trade Machine Made 1,729%* (With 89% Wins)This A.I. trading software called out an options trade the other day with a nearly perfect historical win rate… And a cumulative gain of 1729%. How does it all work?April 26, 2024 | americanbankingnews.comHovde Group Lowers Independent Bank Group (NASDAQ:IBTX) Price Target to $46.00April 25, 2024 | benzinga.comA Glimpse Into The Expert Outlook On Independent Bank Gr Through 4 AnalystsApril 25, 2024 | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Lowered to Underweight at Piper SandlerApril 25, 2024 | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Shares Gap Down on Analyst DowngradeApril 25, 2024 | msn.comPiper Sandler Downgrades Independent Bank Group (IBTX)April 28, 2024 | Prosper Trading Academy (Ad)This AI Trade Machine Made 1,729%* (With 89% Wins)This A.I. trading software called out an options trade the other day with a nearly perfect historical win rate… And a cumulative gain of 1729%. How does it all work?April 24, 2024 | msn.comIndependent Bank Group cut to Underweight as Piper sees slower earnings recoveryApril 24, 2024 | finance.yahoo.comIndependent Bank Group, Inc. (NASDAQ:IBTX) Q1 2024 Earnings Call TranscriptApril 24, 2024 | finance.yahoo.comIndependent Bank Group Inc (IBTX) Q1 2024 Earnings Call Transcript Highlights: Strategic ...April 24, 2024 | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Receives "Overweight" Rating from StephensApril 24, 2024 | americanbankingnews.comIndependent Bank Group (NASDAQ:IBTX) Shares Gap Up on Strong EarningsApril 23, 2024 | seekingalpha.comIndependent Bank Group, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 23, 2024 | markets.businessinsider.comKBW Gives a Buy Rating to Independent Bank Group (IBTX)April 23, 2024 | finance.yahoo.comIndependent Bank Group Inc (IBTX) Q1 Earnings: Aligns with Analyst ProjectionsApril 22, 2024 | washingtonpost.comIndependent Bank Group: Q1 Earnings SnapshotApril 22, 2024 | markets.businessinsider.comIBTX Stock Earnings: Independent Bank Gr Beats EPS, Misses Revenue for Q1 2024April 22, 2024 | businesswire.comIndependent Bank Group, Inc. Reports First Quarter Financial Results and Declares Quarterly DividendApril 17, 2024 | msn.comSeeking Clues to Independent Bank Group (IBTX) Q1 Earnings? A Peek Into Wall Street Projections for Key MetricsApril 9, 2024 | businesswire.comIndependent Bank Group, Inc. Announces Date for Q1 2024 Earnings CallApril 1, 2024 | markets.businessinsider.comAssessing Independent Bank Gr: Insights From 5 Financial AnalystsFebruary 24, 2024 | seekingalpha.comIndependent Bank Group: Holding The Line For NowFebruary 19, 2024 | 247wallst.com4 Dividend Stocks Committed to Paying Investors More MoneyFebruary 15, 2024 | finance.yahoo.comIBTX Feb 2024 45.000 callFebruary 15, 2024 | au.finance.yahoo.comIndependent Bank Group, Inc. (IBTX)See More Headlines Receive IBTX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Independent Bank Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/15 Dividend1/31/2024Dividend Payable2/15/2024Last Earnings4/23/2024Today4/27/2024Ex-Dividend for 5/16 Dividend5/01/2024Dividend Payable5/16/2024Next Earnings (Estimated)7/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:IBTX CUSIPN/A CIK1564618 Webwww.independent-bank.com Phone(972) 562-9004FaxN/AEmployees1,517Year Founded1864Price Target and Rating Average Stock Price Target$48.33 High Stock Price Target$59.00 Low Stock Price Target$38.00 Potential Upside/Downside+22.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.53 Trailing P/E Ratio15.55 Forward P/E Ratio14.96 P/E GrowthN/ANet Income$43.20 million Net Margins10.96% Pretax Margin13.77% Return on Equity4.97% Return on Assets0.63% Debt Debt-to-Equity Ratio0.23 Current Ratio0.97 Quick Ratio0.97 Sales & Book Value Annual Sales$922.84 million Price / Sales1.76 Cash Flow$4.23 per share Price / Cash Flow9.29 Book Value$58.02 per share Price / Book0.68Miscellaneous Outstanding Shares41,380,000Free Float39,972,000Market Cap$1.63 billion OptionableOptionable Beta1.33 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. David R. Brooks (Age 65)Chairman of the Board & CEO Comp: $2.3MMr. Michael B. Hobbs (Age 61)President & COO Comp: $1.16MMr. Paul B. Langdale (Age 37)Executive VP & CFO Comp: $1.04MMr. John G. Turpen (Age 55)Executive VP & Chief Risk Officer Comp: $883.63kBrenda K. MontgomeryChief Accounting OfficerMr. Bill WadeEVP & Chief Information OfficerPeggy SmolenSenior Vice President of Marketing & CommunicationsMr. James P. Tippit (Age 52)Executive Vice President of Corporate Responsibility Comp: $968.72kMs. Leslie BesedaSenior VP & Director of Financial ReportingMr. Charles CartwrightSenior Vice President SBA Business Development OfficerMore ExecutivesKey CompetitorsTriumph FinancialNASDAQ:TFINOFG BancorpNYSE:OFGLakeland FinancialNASDAQ:LKFNRenasantNASDAQ:RNSTMerchants BancorpNASDAQ:MBINView All CompetitorsInsiders & InstitutionsPeregrine Capital Management LLCSold 9,839 shares on 4/26/2024Ownership: 0.393%Yousif Capital Management LLCSold 1,660 shares on 4/26/2024Ownership: 0.039%Hodges Capital Management Inc.Sold 33,192 shares on 4/16/2024Ownership: 0.849%First Dallas Securities Inc.Bought 23,252 shares on 4/16/2024Ownership: 0.056%NBC Securities Inc.Bought 275 shares on 4/5/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions IBTX Stock Analysis - Frequently Asked Questions Should I buy or sell Independent Bank Group stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Independent Bank Group in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IBTX shares. View IBTX analyst ratings or view top-rated stocks. What is Independent Bank Group's stock price target for 2024? 6 Wall Street research analysts have issued twelve-month target prices for Independent Bank Group's stock. Their IBTX share price targets range from $38.00 to $59.00. On average, they expect the company's share price to reach $48.33 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View analysts price targets for IBTX or view top-rated stocks among Wall Street analysts. How have IBTX shares performed in 2024? Independent Bank Group's stock was trading at $50.88 at the start of the year. Since then, IBTX stock has decreased by 22.7% and is now trading at $39.34. View the best growth stocks for 2024 here. When is Independent Bank Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our IBTX earnings forecast. How were Independent Bank Group's earnings last quarter? Independent Bank Group, Inc. (NASDAQ:IBTX) released its quarterly earnings results on Tuesday, April, 23rd. The bank reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.06. The bank earned $119.10 million during the quarter, compared to analysts' expectations of $121.39 million. Independent Bank Group had a net margin of 10.96% and a trailing twelve-month return on equity of 4.97%. Independent Bank Group's revenue was down 15.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.07 EPS. How often does Independent Bank Group pay dividends? What is the dividend yield for Independent Bank Group? Independent Bank Group announced a quarterly dividend on Monday, April 22nd. Investors of record on Thursday, May 2nd will be given a dividend of $0.38 per share on Thursday, May 16th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date of this dividend is Wednesday, May 1st. Read our dividend analysis for IBTX. Is Independent Bank Group a good dividend stock? Independent Bank Group (NASDAQ:IBTX) pays an annual dividend of $1.52 per share and currently has a dividend yield of 3.87%. The dividend payout ratio is 60.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IBTX will have a dividend payout ratio of 38.10% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for IBTX. What ETF holds Independent Bank Group's stock? First Trust NASDAQ ABA Community Bank Index Fund holds 17,960 shares of IBTX stock, representing 1.01% of its portfolio. What is David R. Brooks' approval rating as Independent Bank Group's CEO? 13 employees have rated Independent Bank Group Chief Executive Officer David R. Brooks on Glassdoor.com. David R. Brooks has an approval rating of 86% among the company's employees. 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 Enterprise Products Partners (EPD), Pfizer (PFE), AbbVie (ABBV), Alibaba Group (BABA), Dominion Energy (D), Gilead Sciences (GILD), Huntington Bancshares (HBAN), ONEOK (OKE), QUALCOMM (QCOM) and Verizon Communications (VZ). Who are Independent Bank Group's major shareholders? Independent Bank Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (0.85%), Peregrine Capital Management LLC (0.39%), First Dallas Securities Inc. (0.06%), Yousif Capital Management LLC (0.04%), NBC Securities Inc. (0.00%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Brenda K Montgomery, Daniel W Brooks, David R Brooks, David R Brooks, G Stacy Smith, James C White, James C White, James P Tippit, John Webb Jennings III, Michael B Hobbs, Michelle S Hickox, Paul B Langdale and William E Fair. View institutional ownership trends. How do I buy shares of Independent Bank Group? Shares of IBTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:IBTX) was last updated on 4/28/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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