Independent Bank Group Stock Performance
| IBTX Stock | USD 60.98 0.51 0.84% |
Independent Bank has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 2.57, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Independent Bank will likely underperform. Independent Bank right now retains a risk of 2.63%. Please check out Independent Bank total risk alpha, as well as the relationship between the downside variance and daily balance of power , to decide if Independent Bank will be following its current trending patterns.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Independent Bank Group are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Independent Bank may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Actual Historical Performance (%)
One Day Return 0.84 | Five Day Return (1.18) | Year To Date Return 18.92 | Ten Year Return 56.12 | All Time Return 107.7 |
Forward Dividend Yield 0.0252 | Payout Ratio 0.6468 | Forward Dividend Rate 1.52 | Dividend Date 2024-11-14 | Ex Dividend Date 2024-10-31 |
1 | Disposition of 195 shares by Brenda Montgomery of Independent Bank at 55.9 subject to Rule 16b-3 | 10/03/2024 |
2 | Disposition of tradable shares by Brenda Montgomery of Independent Bank at 51.37 subject to Rule 16b-3 | 10/16/2024 |
3 | Wintrust Financial Q3 Earnings and Revenues Miss Estimates | 10/21/2024 |
4 | Independent Bank Group stock hits 52-week high at 62.48 - Investing.com | 11/06/2024 |
| Independent Bank dividend paid on 14th of November 2024 | 11/14/2024 |
5 | Disposition of 1391 shares by James Tippit of Independent Bank at 66.85 subject to Rule 16b-3 | 12/03/2024 |
6 | Bank sale will keep all 8 Enterprise Bank branches in NH | 12/09/2024 |
7 | Year in Review 2 billion acquisition of Independent Bank was a Deal of the Week | 12/11/2024 |
8 | Independent Bank Group merger with SouthState Corp approved | 12/13/2024 |
9 | 2B buyout of Independent Bank OKd by regulators | 12/16/2024 |
10 | Jane Street Group LLC Grows Position in Independent Bank Group, Inc. - MarketBeat | 12/20/2024 |
| Begin Period Cash Flow | 654.3 M |
Independent |
Independent Bank Relative Risk vs. Return Landscape
If you would invest 5,627 in Independent Bank Group on September 26, 2024 and sell it today you would earn a total of 471.00 from holding Independent Bank Group or generate 8.37% return on investment over 90 days. Independent Bank Group is currently generating 0.1604% in daily expected returns and assumes 2.6311% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than Independent, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Independent Bank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Independent Bank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Independent Bank Group, and traders can use it to determine the average amount a Independent Bank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.061
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Estimated Market Risk
| 2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Independent Bank is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Independent Bank by adding it to a well-diversified portfolio.
Independent Bank Fundamentals Growth
Independent Stock prices reflect investors' perceptions of the future prospects and financial health of Independent Bank, and Independent Bank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Independent Stock performance.
| Return On Equity | -0.2 | ||||
| Return On Asset | -0.0234 | ||||
| Profit Margin | (0.93) % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.68 B | ||||
| Shares Outstanding | 41.44 M | ||||
| Price To Earning | 13.02 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 5.37 X | ||||
| Revenue | 507.67 M | ||||
| Gross Profit | 605.18 M | ||||
| EBITDA | 12.44 M | ||||
| Net Income | 43.2 M | ||||
| Cash And Equivalents | 533.58 M | ||||
| Cash Per Share | 12.95 X | ||||
| Total Debt | 676.44 M | ||||
| Debt To Equity | 7.34 % | ||||
| Book Value Per Share | 47.03 X | ||||
| Cash Flow From Operations | 165.27 M | ||||
| Earnings Per Share | (10.50) X | ||||
| Market Capitalization | 2.51 B | ||||
| Total Asset | 19.04 B | ||||
| Retained Earnings | 616.72 M | ||||
About Independent Bank Performance
Evaluating Independent Bank's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Independent Bank has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Independent Bank has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Independent Bank performance evaluation
Checking the ongoing alerts about Independent Bank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Independent Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 79.0% of the company shares are owned by institutional investors | |
| On 14th of November 2024 Independent Bank paid $ 0.38 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Jane Street Group LLC Grows Position in Independent Bank Group, Inc. - MarketBeat |
- Analyzing Independent Bank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Independent Bank's stock is overvalued or undervalued compared to its peers.
- Examining Independent Bank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Independent Bank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Independent Bank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Independent Bank's stock. These opinions can provide insight into Independent Bank's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Independent Stock Analysis
When running Independent Bank's price analysis, check to measure Independent Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independent Bank is operating at the current time. Most of Independent Bank's value examination focuses on studying past and present price action to predict the probability of Independent Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independent Bank's price. Additionally, you may evaluate how the addition of Independent Bank to your portfolios can decrease your overall portfolio volatility.