Independent Bank Group, Inc. (IBTX)
NASDAQ: IBTX · Real-Time Price · USD
60.28
+0.94 (1.58%)
At close: Dec 20, 2024, 4:00 PM
60.50
+0.22 (0.36%)
After-hours: Dec 20, 2024, 4:00 PM EST
Independent Bank Group Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for IBTX stock have an average target of 61.83, with a low estimate of 55 and a high estimate of 81. The average target predicts an increase of 2.57% from the current stock price of 60.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for IBTX stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $72 → $81 | Buy | Maintains | $72 → $81 | +34.37% | Dec 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $69 → $72 | Buy | Maintains | $69 → $72 | +19.44% | Nov 7, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $66 → $63 | Hold | Maintains | $66 → $63 | +4.51% | Oct 23, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $65 → $66 | Hold | Maintains | $65 → $66 | +9.49% | Sep 20, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $48 → $65 | Hold | Maintains | $48 → $65 | +7.83% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
496.23M
Revenue Next Year
615.98M
from 496.23M
Increased by 24.13%
EPS This Year
2.45
from 1.04
Increased by 135.38%
EPS Next Year
4.08
from 2.45
Increased by 66.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 510.8M | 634.1M | 705.6M |
| Avg | 496.2M | 616.0M | 685.4M |
| Low | 476.8M | 591.8M | 658.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 27.8% | 14.5% |
| Avg | - | 24.1% | 11.3% |
| Low | - | 19.3% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.52 | 4.20 | 5.15 |
| Avg | 2.45 | 4.08 | 5.00 |
| Low | 2.35 | 3.92 | 4.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 142.3% | 71.6% | 26.1% |
| Avg | 135.4% | 66.7% | 22.5% |
| Low | 126.2% | 60.1% | 17.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.