Independent Bank Group Stock Performance
| IBTX Stock | USD 67.26 0.04 0.06% |
On a scale of 0 to 100, Independent Bank holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 2.53, 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. Please check Independent Bank's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Independent Bank's current trending patterns will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Independent Bank Group are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Independent Bank showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.0595 | Five Day Return 3.8 | Year To Date Return 31.16 | Ten Year Return 56.78 | All Time Return 129.09 |
Forward Dividend Yield 0.0226 | Payout Ratio 0.6468 | Forward Dividend Rate 1.52 | Dividend Date 2024-11-14 | Ex Dividend Date 2024-10-31 |
1 | Disposition of 305 shares by John Turpen of Independent Bank at 59.59 subject to Rule 16b-3 | 09/27/2024 |
2 | Disposition of 195 shares by Brenda Montgomery of Independent Bank at 55.9 subject to Rule 16b-3 | 10/03/2024 |
3 | Disposition of tradable shares by Brenda Montgomery of Independent Bank at 51.37 subject to Rule 16b-3 | 10/16/2024 |
4 | Independent Bank Group Now Covered by StockNews.com | 10/17/2024 |
5 | Independent Bank Group Inc Trading Down 3.6 percent on Oct 21 | 10/21/2024 |
6 | Independent Bank Group Inc Q3 2024 Earnings EPS of 0. ... | 10/22/2024 |
7 | Disposition of 153 shares by Paul Langdale of Independent Bank at 60.58 subject to Rule 16b-3 | 10/23/2024 |
8 | Independent Bank Corp earnings missed by 0.11, revenue fell short of estimates | 10/24/2024 |
9 | Q3 2024 Independent Bank Corp Earnings Call Transcript | 10/25/2024 |
10 | Mid Penn Bancorp strikes deal to acquire rival, expand in Philadelphia | 11/01/2024 |
| Independent Bank dividend paid on 14th of November 2024 | 11/14/2024 |
11 | Independent Bank Group, Inc. Given Average Recommendation of Moderate Buy by Brokerages - MarketBeat | 11/21/2024 |
12 | Independent Bank Sets New 1-Year High Still a Buy | 11/27/2024 |
| Begin Period Cash Flow | 654.3 M |
Independent |
Independent Bank Relative Risk vs. Return Landscape
If you would invest 5,785 in Independent Bank Group on August 30, 2024 and sell it today you would earn a total of 941.00 from holding Independent Bank Group or generate 16.27% return on investment over 90 days. Independent Bank Group is currently generating 0.2681% in daily expected returns and assumes 2.619% risk (volatility on return distribution) over the 90 days horizon. In different words, 23% of stocks are less volatile than Independent, and 95% 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 = 0.1024
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IBTX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Independent Bank is performing at about 8% 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 | 1.96 B | ||||
| Shares Outstanding | 41.44 M | ||||
| Price To Earning | 13.02 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 5.97 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 | (10.51) X | ||||
| Market Capitalization | 2.79 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 thelincolnianonline.com: Independent Bank Sets New 1-Year High Still a Buy |
- 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.