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How to buy Independent Bank Group (IBTX) stocks in Canada

Learn how to easily invest in Independent Bank Group stocks.

Independent Bank Group is a banks-regional business based in the US. Independent Bank Group stocks (IBTX.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $77.44 – an increase of 1.92% over the previous week. Independent Bank Group employs 1,513 staff and has a trailing 12-month revenue of around $597 million.

How to buy shares in Independent Bank Group

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. 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.
  6. 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

Information last updated 2022-01-24.
Latest market close$77.97
52-week range$59.55 - $79.66
50-day moving average $73.23
200-day moving average $72.84
Wall St. target price$80.17
PE ratio 14.4442
Dividend yield $1.26 (1.92%)
Earnings per share (TTM) $5.30

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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.

Independent Bank Group price performance over time

Historical closes compared with the close of $77.97 from 2022-01-26

1 week (2022-01-21) 3.71%
1 month (2021-12-28) 7.52%
3 months (2021-10-28) 9.32%
6 months (2021-07-28) 12.49%
1 year (2021-01-28) 24.59%
2 years (2020-01-28) 46.31%
3 years (2019-01-28) 43.94%
5 years (2017-01-27) 21.73%

Is Independent Bank Group under- or over-valued?

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 14x. In other words, Independent Bank Group shares trade at around 14x 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 $597 million
Operating margin TTM 52.02%
Gross profit TTM $558.5 million
Return on assets TTM 1.27%
Return on equity TTM 9.08%
Profit margin 38.33%
Book value $59.77
Market capitalisation $3.3 billion

TTM: trailing 12 months

Independent Bank Group share dividends

25%

Dividend payout ratio: 24.91% of net profits

Recently Independent Bank Group has paid out, on average, around 24.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.92% 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 1.92% return on their shares, in the form of dividend payments. In Independent Bank Group's case, that would currently equate to about $1.26 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 23 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 8 November 2021 (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 $59.554 up to $79.66. A popular way to gauge a stock's volatility is its "beta".

IBTX.US volatility(beta: 1.83)Avg. volatility(beta: 1.00)LowHigh

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 1.8267. 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. 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.

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