​

Independent Bank Group (IBTX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

IBTX Stock Forecast

Independent Bank Group (IBTX) stock forecast, based on 17 Wall Street analysts, predicts a 12-month average price target of $60.00, with a high of $66.00 and a low of $56.00. This represents a -1.10% decline from the last price of $60.67.

$35 $42 $49 $56 $63 $70 High: $66 Avg: $60 Low: $56 Last Closed Price: $60.67

IBTX Stock Rating

Independent Bank Group stock's rating consensus is Buy, based on 17 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (64.71%), 6 Hold (35.29%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 17 0 6 11 Strong Sell Sell Hold Buy Strong Buy

IBTX Price Target Upside V Benchmarks

TypeNameUpside
StockIndependent Bank Group-1.10%
SectorFinancial Services Stocks 3.56%
IndustryRegional Banks Stocks8.84%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$65.50
Last Closing Price$60.67$60.67$60.67
Upside/Downside--7.96%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 253-3--6
Dec, 243-3--6
Nov, 24364--13
Oct, 24364--13
Sep, 24364--13
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 20, 2024Brandon KingTruist Financial$66.00$61.008.20%8.79%
Jul 29, 2024Brandon KingTruist Financial$65.00$59.599.08%7.14%
May 31, 2024Stephen ScoutenPiper Sandler$58.00$45.9826.14%-4.40%
May 29, 2024Brandon KingTruist Financial$50.00$46.577.37%-17.59%
Jan 05, 2024Michael RoseRaymond James$56.00$50.3111.31%-7.70%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jul 08, 2024Truist FinancialBuyBuyhold
May 30, 2024Piper SandlerOverweightupgrade
May 29, 2024Truist FinancialBuyBuyhold
Apr 25, 2024StephensUnderperformUnderperformhold
Apr 01, 2024StephensBuyBuyhold
Jan 24, 2024StephensBuyBuyhold
Jan 05, 2024Raymond JamesOutperformupgrade
Apr 26, 2022Zacks Investment ResearchBuyupgrade

Financial Forecast

EPS Forecast

$1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$4.67$5.22$4.56$1.05---
Avg Forecast$4.87$5.22$5.08$3.33$2.40$4.00$4.90
High Forecast$4.98$5.34$5.12$3.36$2.43$4.35$4.96
Low Forecast$4.76$5.11$5.02$3.29$2.37$3.65$4.84
Surprise %-4.11%--10.24%-68.47%---

Revenue Forecast

$450M $550M $650M $750M $850M $950M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$601.14M$587.14M$610.17M$923.03M---
Avg Forecast$596.09M$590.13M$620.67M$516.17M$486.50M$603.90M$672.00M
High Forecast$606.51M$600.45M$624.45M$517.88M$491.06M$609.56M$678.30M
Low Forecast$586.42M$580.55M$614.71M$514.76M$481.94M$598.24M$665.70M
Surprise %0.85%-0.51%-1.69%78.82%---

Net Income Forecast

$0 $60M $120M $180M $240M $300M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$201.21M$224.75M$196.29M$43.20M---
Avg Forecast$181.70M$224.38M$218.53M$43.10M$99.05M$159.65M$203.50M
High Forecast$218.03M$269.25M$262.23M$51.72M$100.25M$179.70M$204.68M
Low Forecast$145.36M$179.50M$174.82M$34.48M$97.84M$150.45M$199.76M
Surprise %10.74%0.17%-10.17%0.23%---

IBTX Forecast FAQ

Is Independent Bank Group stock a buy?

Independent Bank Group stock has a consensus rating of Buy, based on 17 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 6 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Independent Bank Group is a favorable investment for most analysts.

What is Independent Bank Group's price target?

Independent Bank Group's price target, set by 17 Wall Street analysts, averages $60 over the next 12 months. The price target range spans from $56 at the low end to $66 at the high end, suggesting a potential -1.10% change from the previous closing price of $60.67.

How does Independent Bank Group stock forecast compare to its benchmarks?

Independent Bank Group's stock forecast shows a -1.10% downside, underperforming the average forecast for the financial services stocks sector (3.56%) and underperforming the regional banks stocks industry (8.84%).

What is the breakdown of analyst ratings for Independent Bank Group over the past three months?

  • January 2025: 50.00% Strong Buy, 0% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 50.00% Strong Buy, 0% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 23.08% Strong Buy, 46.15% Buy, 30.77% Hold, 0% Sell, 0% Strong Sell.

What is Independent Bank Group’s EPS forecast?

Independent Bank Group's average annual EPS forecast for its fiscal year ending in December 2024 is $2.4, marking a 128.57% increase from the reported $1.05 in 2023. Estimates for the following years are $4 in 2025, and $4.9 in 2026.

What is Independent Bank Group’s revenue forecast?

Independent Bank Group's average annual revenue forecast for its fiscal year ending in December 2024 is $486.5M, reflecting a -47.29% decrease from the reported $923.03M in 2023. The forecast for 2025 is $603.9M, and $672M for 2026.

What is Independent Bank Group’s net income forecast?

Independent Bank Group's net income forecast for the fiscal year ending in December 2024 stands at $99.05M, representing an 129.27% increase from the reported $43.2M in 2023. Projections indicate $159.65M in 2025, and $203.5M in 2026.