INDEPENDENT BANK GROUP INC (IBTX) Forecast, Price Target & Analyst Ratings

NASDAQ:IBTXUS45384B1061

Current stock price

60.67 USD
+0.28 (+0.46%)
At close:
60.63 USD
-0.04 (-0.07%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for INDEPENDENT BANK GROUP INC (IBTX).

Forecast Snapshot

Consensus Price Target

Price Target
$58.31
-3.89% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
Jan 20, 2025
Period
Q4 / 2024
EPS Estimate
$0.67
Revenue Estimate
130.97M

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$58.31
Upside
-3.89%
From current price of $60.67 to mean target of $58.31, Based on 12 analyst forecasts
Low
$46.46
Median
$55.59
High
$85.05

Price Target Revisions

1 Month
2.69%
3 Months
1.57%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for IBTX. The average price target is 58.31 USD. This implies a price decrease of -3.89% is expected in the next year compared to the current price of 60.67.
The average price target has been revised upward by 1.57% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

IBTX Current Analyst RatingIBTX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

IBTX Historical Analyst RatingsIBTX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
IBTX was analyzed by 12 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about IBTX.
In the previous month the buy percentage consensus was at a similar level.
IBTX was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-12-04Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2024-11-07Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2024-10-23Truist SecuritiesMaintains Hold -> Hold
2024-09-20Truist SecuritiesMaintains Hold -> Hold
2024-07-29Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2024-07-29Truist SecuritiesMaintains Hold -> Hold
2024-07-09Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2024-07-08Truist SecuritiesMaintains Hold -> Hold
2024-05-31Piper SandlerUpgrade Underweight -> Overweight
2024-05-29Truist SecuritiesDowngrade Buy -> Hold
2024-04-26Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2024-04-25Truist SecuritiesMaintains Buy -> Buy
2024-04-24Piper SandlerDowngrade Neutral -> Underweight
2024-04-23Stephens & Co.Reiterate Overweight -> Overweight
2024-04-01Truist SecuritiesMaintains Buy -> Buy
2024-01-24Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2024-01-24Raymond JamesMaintains Outperform -> Outperform
2024-01-23Stephens & Co.Reiterate Overweight -> Overweight
2024-01-05Raymond JamesUpgrade Market Perform -> Outperform
2023-12-15Truist SecuritiesMaintains Buy -> Buy
2023-10-25Stephens & Co.Maintains Overweight -> Overweight
2023-07-26Keefe, Bruyette & WoodsMaintains Outperform -> Outperform
2023-07-26Truist SecuritiesMaintains Buy -> Buy
2023-07-26Piper SandlerDowngrade Overweight -> Neutral
2023-07-25Stephens & Co.Reiterate Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jan 20, 2025
Period
Q4 / 2024
EPS Estimate
$0.67
Revenue Estimate
130.97M
Revenue Q2Q
12.02%
EPS Q2Q
8.58%
Number of Analysts
8

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-3.84%
EPS (1 Month)
0.00%
EPS (3 Months)
-14.46%

Next Earnings Summary

IBTX is expected to report earnings on 1/20/2025. The consensus EPS estimate for the next earnings is 0.67 USD and the consensus revenue estimate is 130.97M USD.
The next earnings revenue estimate has been revised downward by 3.84% in the past 3 months.

Full Analyst Estimates 2024 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
IBTX revenue by date.IBTX revenue by date.
586.8M
-2.44%
609.7M
3.90%
507.992M
-16.68%
496.23M
-2.32%
615.98M
24.13%
685.44M
11.28%
EBITDA
YoY % growth
IBTX ebitda by date.IBTX ebitda by date.
N/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
IBTX ebit by date.IBTX ebit by date.
N/A
-10.59%
N/A
-0.40%
N/A
-35.02%
135.66M
-25.80%
246.84M
81.95%
296.82M
20.25%
Operating Margin
IBTX operating margin by date.IBTX operating margin by date.
N/AN/AN/A27.34%40.07%43.30%
EPS
YoY % growth
IBTX eps by date.IBTX eps by date.
5.21
11.56%
5.02
-3.65%
3.30
-34.26%
2.45
-25.82%
4.08
66.67%
5.00
22.50%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth
0.67
8.58%
0.83
31.14%
0.98
63.20%
1.08
116.24%
1.19
77.27%
1.16
40.74%
1.23
26.04%
1.28
17.92%
1.32
10.26%
Revenue
Q2Q % growth
130.97M
12.02%
141.23M
21.85%
151.93M
28.12%
158.06M
31.39%
164.76M
25.80%
N/AN/AN/AN/A
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
39.78M
0.82%
49.98M
35.64%
60.18M
66.02%
65.28M
69.54%
71.4M
79.49%
N/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

IBTX Yearly Revenue VS EstimatesIBTX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
IBTX Yearly EPS VS EstimatesIBTX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
14.84%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.19%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

INDEPENDENT BANK GROUP INC / IBTX Forecast FAQ

What is the average price target for INDEPENDENT BANK GROUP INC (IBTX) stock?

12 analysts have analysed IBTX and the average price target is 58.31 USD. This implies a price decrease of -3.89% is expected in the next year compared to the current price of 60.67.

What is the next earnings date for IBTX stock?

INDEPENDENT BANK GROUP INC (IBTX) will report earnings on 2025-01-20, after the market close.

What are the consensus estimates for IBTX stock next earnings?

The consensus EPS estimate for the next earnings of INDEPENDENT BANK GROUP INC (IBTX) is 0.67 USD and the consensus revenue estimate is 130.97M USD.

How many analysts cover INDEPENDENT BANK GROUP INC (IBTX) stock?

The number of analysts covering INDEPENDENT BANK GROUP INC (IBTX) is 12.