How to buy Independent Bank Group stock (IBTX)

Independent Bank Group 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. Its last market close was $60.47 – a decrease of 5.59% over the previous week. Independent Bank Group employs 1,517 staff and has a trailing 12-month revenue of around $466.7 million.

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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

• Key figures

Information last updated 2024-12-19.

Latest market close	$60.47
52-week range	$35.85 - $68.66
50-day moving average more info button	$62.72
200-day moving average more info button	$51.99
Wall St. target price	$58.20
PE ratio more info button	N/A
Dividend yield more info button	$1.52 (2.52%)
Earnings per share (TTM) more info button	$-10.50

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

Historical closes compared with the close of $60.28 from 2024-12-20

1 week (2024-12-17)	-5.89%
1 month (2024-11-22)	-7.96%
3 months (2024-09-24)	4.47%
6 months (2024-06-24)	36.20%

1 year (2023-12-22)	16.46%
2 years (2022-12-23)	6.19%
3 years (2021-12-23)	65.6004
5 years (2019-12-24)	22.23%

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 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	$466.7 million
Operating margin TTM	28.89%
Gross profit TTM	$605.2 million
Return on assets TTM	-2.34%
Return on equity TTM	-20.28%
Profit margin	-92.99%
Book value	$47.03
Market Capitalization more info button	$2.5 billion

TTM: trailing 12 months

Independent Bank Group share dividends

Dividend payout ratio: 64.68% of net profits

Recently Independent Bank Group has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Independent Bank Group's case, that would currently equate to about $1.52 per share.

Independent Bank Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Independent Bank Group's most recent dividend payout was on 13 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 October 2024 (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 $35.849 up to $68.66. 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 1.371. 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. , 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. .

Frequently asked questions

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What percentage of Independent Bank Group is owned by insiders or institutions?
Currently 13.519% of Independent Bank Group shares are held by insiders and 79.144% by institutions. How many people work for Independent Bank Group?
Latest data suggests 1,517 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 and 7677 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