Independent Bank Group Statistics
Total Valuation
IBTX has a market cap or net worth of $1.72 billion. The enterprise value is $1.67 billion.
| Market Cap | 1.72B |
| Enterprise Value | 1.67B |
Important Dates
The next confirmed earnings date is Monday, April 22, 2024, after market close.
| Earnings Date | Apr 22, 2024 |
| Ex-Dividend Date | Jan 31, 2024 |
Share Statistics
IBTX has 41.28 million shares outstanding. The number of shares has increased by 0.21% in one year.
| Shares Outstanding | 41.28M |
| Shares Change (YoY) | +0.21% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 13.54% |
| Owned by Institutions (%) | 79.30% |
| Float | 35.69M |
Valuation Ratios
The trailing PE ratio is 40.00 and the forward PE ratio is 13.92. IBTX's PEG ratio is 1.81.
| PE Ratio | 40.00 |
| Forward PE | 13.92 |
| PS Ratio | 3.41 |
| Forward PS | 3.21 |
| PB Ratio | 0.71 |
| P/FCF Ratio | 11.84 |
| PEG Ratio | 1.81 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.61, with an EV/FCF ratio of 11.53.
| EV / Earnings | 38.69 |
| EV / Sales | 3.32 |
| EV / EBITDA | 23.61 |
| EV / EBIT | 31.94 |
| EV / FCF | 11.53 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 9.56 |
| Debt / FCF | 4.67 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 1.80% and return on invested capital (ROIC) is 1.40%.
| Return on Equity (ROE) | 1.80% |
| Return on Assets (ROA) | 0.20% |
| Return on Capital (ROIC) | 1.40% |
| Revenue Per Employee | $332,144 |
| Profits Per Employee | $28,478 |
| Employee Count | 1,517 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, IBTX has paid $9.12 million in taxes.
| Income Tax | 9.12M |
| Effective Tax Rate | 17.43% |
Stock Price Statistics
The stock price has decreased by -1.65% in the last 52 weeks. The beta is 1.32, so IBTX's price volatility has been higher than the market average.
| Beta (1Y) | 1.32 |
| 52-Week Price Change | -1.65% |
| 50-Day Moving Average | 43.55 |
| 200-Day Moving Average | 42.62 |
| Relative Strength Index (RSI) | 46.33 |
| Average Volume (30 Days) | 228,022 |
Short Selling Information
The latest short interest is 2.72 million, so 6.58% of the outstanding shares have been sold short.
| Short Interest | 2.72M |
| Short Previous Month | 2.71M |
| Short % of Shares Out | 6.58% |
| Short % of Float | 7.61% |
| Short Ratio (days to cover) | 12.00 |
Income Statement
In the last 12 months, IBTX had revenue of $503.86 million and earned $43.20 million in profits. Earnings per share was $1.04.
| Revenue | 503.86M |
| Gross Profit | 503.86M |
| Operating Income | 52.32M |
| Pretax Income | 52.32M |
| Net Income | 43.20M |
| EBITDA | 70.79M |
| EBIT | 52.32M |
| Earnings Per Share (EPS) | $1.04 |
Balance Sheet
The company has $722.24 million in cash and $676.44 million in debt, giving a net cash position of $45.80 million or $1.11 per share.
| Cash & Cash Equivalents | 722.24M |
| Total Debt | 676.44M |
| Net Cash | 45.80M |
| Net Cash Per Share | $1.11 |
| Equity / Book Value | 2.40B |
| Book Value Per Share | 58.21 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $165.27 million and capital expenditures -$20.30 million, giving a free cash flow of $144.97 million.
| Operating Cash Flow | 165.27M |
| Capital Expenditures | -20.30M |
| Free Cash Flow | 144.97M |
| FCF Per Share | $3.51 |
Margins
Gross margin is 100.00%, with operating and profit margins of 10.38% and 8.57%.
| Gross Margin | 100.00% |
| Operating Margin | 10.38% |
| Pretax Margin | 10.38% |
| Profit Margin | 8.57% |
| EBITDA Margin | 14.05% |
| EBIT Margin | 10.38% |
| FCF Margin | 28.77% |
Dividends & Yields
This stock pays an annual dividend of $1.52, which amounts to a dividend yield of 3.65%.
| Dividend Per Share | $1.52 |
| Dividend Yield | 3.65% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 146.15% |
| Buyback Yield | -0.21% |
| Shareholder Yield | 3.44% |
| Earnings Yield | 2.52% |
| FCF Yield | 8.44% |
Analyst Forecast
The average price target for IBTX is $54.50, which is 31.01% higher than the current price. The consensus rating is "Buy".
| Price Target | $54.50 |
| Price Target Difference | 31.01% |
| Analyst Consensus | Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |