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How to buy Independent Bank Group stock
Learn how to easily invest in Independent Bank Group stock.
Independent Bank Group Inc is a banks-regional business based in the US. Independent Bank Group shares (IBTX) are listed on the NASDAQ and all prices are listed in US Dollars. Independent Bank Group employs 1,543 staff and has a trailing 12-month revenue of around $590.6 million.
How to buy shares in Independent Bank Group
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – IBTX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Independent Bank Group stock price (NASDAQ: IBTX)Use our graph to track the performance of IBTX stocks over time.
Independent Bank Group shares at a glance
|Latest market close||$65.10|
|52-week range||$61.16 - $78.42|
|50-day moving average||$69.10|
|200-day moving average||$71.62|
|Wall St. target price||$79.25|
|Dividend yield||$1.46 (2.48%)|
|Earnings per share (TTM)||$4.92|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Independent Bank Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Independent Bank Group price performance over time
|1 week (2022-09-29)||5.00%|
|1 month (2022-09-06)||1.02%|
|3 months (2022-07-06)||-5.41%|
|6 months (2022-04-06)||-7.16%|
|1 year (2021-10-06)||-10.81%|
|2 years (2020-10-06)||38.63%|
|3 years (2019-10-04)||25.22%|
|5 years (2017-10-06)||6.90%|
Is Independent Bank Group stock undervalued or overvalued?
Valuing Independent Bank Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Independent Bank Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Independent Bank Group's P/E ratio
Independent Bank Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Independent Bank Group shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Independent Bank Group's PEG ratio
Independent Bank Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.81. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Independent Bank Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Independent Bank Group financials
|Revenue TTM||$590.6 million|
|Operating margin TTM||47.43%|
|Gross profit TTM||$595.8 million|
|Return on assets TTM||1.15%|
|Return on equity TTM||8.54%|
|Market capitalisation||$2.5 billion|
TTM: trailing 12 months
Independent Bank Group share dividends
Dividend payout ratio: 30.24% of net profits
Recently Independent Bank Group has paid out, on average, around 30.24% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.48% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Independent Bank Group shareholders could enjoy a 2.48% return on their shares, in the form of dividend payments. In Independent Bank Group's case, that would currently equate to about $1.46 per share.
While Independent Bank Group's payout ratio might seem fairly standard, it's worth remembering that Independent Bank Group may be investing much of the rest of its net profits in future growth.
Independent Bank Group's most recent dividend payout was on 17 August 2022. The latest dividend was paid out to all shareholders who bought their shares by 2 August 2022 (the "ex-dividend date").
Independent Bank Group share price volatility
Over the last 12 months, Independent Bank Group's shares have ranged in value from as little as $61.16 up to $78.4214. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Independent Bank Group's is 1.4962. This would suggest that Independent Bank Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Independent Bank Group overview
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 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 comprising SBA guaranteed loans, business term loans, equipment lease financing, 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 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, 2021, the company operated 93 full-service branches. Independent Bank Group, Inc.
Independent Bank Group in the news
Independent Bank Group, Inc. Announces Date for Q3 2022 Earnings Call
Frequently asked questionsWhat percentage of Independent Bank Group is owned by insiders or institutions?
Currently 14.222% of Independent Bank Group shares are held by insiders and 79.887% by institutions. How many people work for Independent Bank Group?
Latest data suggests 1,543 work at Independent Bank Group. When does the fiscal year end for Independent Bank Group?
Independent Bank Group's fiscal year ends in December. Where is Independent Bank Group based?
Independent Bank Group's address is: 7777 Henneman Way, McKinney, TX, United States, 75070-1711 What is Independent Bank Group's ISIN number?
Independent Bank Group's international securities identification number is: US45384B1061 What is Independent Bank Group's CUSIP number?
Independent Bank Group's Committee on Uniform Securities Identification Procedures number is: 45384B106
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