Our top pick for
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 1,513 staff and has a trailing 12-month revenue of around 0.00.
|52-week range||$24.34 - $80.71|
|50-day moving average||$74.71|
|200-day moving average||$65.00|
|Wall St. target price||$81.17|
|Dividend yield||$1.1 (1.45%)|
|Earnings per share (TTM)||$5.03|
*Signup bonus information updated weekly.
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.
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.
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Independent Bank Group shares trade at around 15x 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 "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.
|Revenue TTM||$579.9 million|
|Operating margin TTM||54.05%|
|Gross profit TTM||$558.5 million|
|Return on assets TTM||1.29%|
|Return on equity TTM||8.9%|
|Market capitalisation||$3.3 billion|
TTM: trailing 12 months
There are currently 778,349 Independent Bank Group shares held short by investors – that's known as Independent Bank Group's "short interest". This figure is 15.1% down from 916,347 last month.
There are a few different ways that this level of interest in shorting Independent Bank Group shares can be evaluated.
Independent Bank Group's "short interest ratio" (SIR) is the quantity of Independent Bank Group shares currently shorted divided by the average quantity of Independent Bank Group shares traded daily (recently around 201644.81865285). Independent Bank Group's SIR currently stands at 3.86. In other words for every 100,000 Independent Bank Group shares traded daily on the market, roughly 3860 shares are currently held short.
However Independent Bank Group's short interest can also be evaluated against the total number of Independent Bank Group shares, or, against the total number of tradable Independent Bank Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Independent Bank Group's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Independent Bank Group shares in existence, roughly 20 shares are currently held short) or 0.0248% of the tradable shares (for every 100,000 tradable Independent Bank Group shares, roughly 25 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Independent Bank Group.
Find out more about how you can short Independent Bank Group stock.
Dividend payout ratio: 18.69% of net profits
Recently Independent Bank Group has paid out, on average, around 18.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.66% 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 1.66% return on their shares, in the form of dividend payments. In Independent Bank Group's case, that would currently equate to about $1.1 per share.
While Independent Bank Group's payout ratio might seem low, this can signify that Independent Bank Group is investing more in its future growth.
Independent Bank Group's most recent dividend payout was on 24 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 May 2021 (the "ex-dividend date").
Over the last 12 months, Independent Bank Group's shares have ranged in value from as little as $24.3419 up to $80.71. 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 1.9112. 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, 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. 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, 2020, the company operated 93 branches. Independent Bank Group, Inc.
Everything we know about the Krispy Kreme IPO, plus information on how to buy in.
Everything we know about the Day One Biopharmaceuticals IPO, plus information on how to buy in.
Everything we know about the Enact Holdings IPO, plus information on how to buy in.
Everything we know about the Solid Power IPO, plus information on how to buy in.
Everything we know about the Paymentus Holdings IPO, plus information on how to buy in.
Everything we know about the Qiniu Limited IPO, plus information on how to buy in.
Everything we know about the Qiniu Limited IPO, plus information on how to buy in.
Everything we know about the Ximalaya IPO, plus information on how to buy in.
Everything we know about the Zeta Global Holdings Corp IPO, plus information on how to buy in.
Everything we know about the Paycor HCM IPO, plus information on how to buy in.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.