How to Buy Independent Bank Group Stock
Independent Bank Group Inc
Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States.
Independent Bank Group stock last closed at $59.32, up 4.18% from the previous day, and has increased 50.71% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.13 percentage points. Independent Bank Group stock is currently +71.94% from its 52-week low of $34.50, and -3.95% from its 52-week high of $61.76.
There are currently 41.44M IBTX shares outstanding. The market cap of IBTX is $2.46B. In the last 24 hours, 302,865 IBTX shares were traded.
How to Buy Independent Bank Group Stock
Not sure how to invest in Independent Bank Group stock? Here's how.
- Choose where to buy Independent Bank Group stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Independent Bank Group stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Pick your payment method and add your information.
- Evaluate Independent Bank Group stock: The Independent Bank Group ticker symbol is IBTX. Is Independent Bank Group stock a good investment? Should you buy shares of IBTX? How do IBTX's underlying business fundamentals look? Do top analysts think Independent Bank Group is a good buy? Why has IBTX's stock price moved recently? (Hint: Our stock research website can help you figure out if IBTX is a good stock to buy).
- Make your IBTX purchase: Decide if you will purchase IBTX shares at the current market price or use a limit order to purchase IBTX shares at a specific price.
- Get the latest scoop on your IBTX investment: Create a watchlist to track your new investment in Independent Bank Group shares.
Step 1: Choose where to buy Independent Bank Group stock
You need an online brokerage account to access the NASDAQ market and buy IBTX shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to buy IBTX stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on a good stock buying app, your next step is to transfer the money for your investment:
Watch the tutorial below for more details depositing funds into your new brokerage account.
Step 4: Evaluate Independent Bank Group stock
Once you have identified the best place to buy Independent Bank Group stock, it's absolutely critical to analyze their stock before you invest, so you can comprehend the risk as well as the upside.
Independent Bank Group Metrics
IBTX Zen Score
WallStreetZen was built to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on IBTX's stock page.
Is IBTX stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge IBTX's intrinsic value.
Using relative valuations methods:
- IBTX could be overvalued based on its P/B ratio of 1.3x, relative to Banks - Regional industry P/B ratio of 1.13x
You can access more valuation analysis on IBTX's stock here.
A look at IBTX Cashflows and Balance Sheet
Negative Health Checks:
- IBTX's operating cash flow of $34.78M allows it to safely service it's debt of $481.85M.
- IBTX has a relatively high debt to equity ratio of 8.68.
- IBTX earnings of -$398.37M is not enough to cover its interest payments.
- Total IBTX debt is higher than 5 years ago, relative to shareholder equity.
- IBTX profit margin has gone down from 15.4% to -89.1% in the past year.
Do Wall Street analysts think it's a good time to buy Independent Bank Group stock
Out of 4 Equities analysts who give ratings on IBTX, the consensus analyst rating on IBTX is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Independent Bank Group stock forecast page.
Metrics for Advanced IBTX Traders
How is IBTX performing as a company?
Last year, IBTX revenue was $473.48M. Over the past five year, IBTX's revenue has grown by 0.25% per year. This was slower than the Banks - Regional industry average of 17.47%.
You can research IBTX's earnings and revenue performance here.
Who is buying/selling IBTX?
In the last year, executives and large shareholders at IBTX have sold more shares than they have bought.
Paul B. Langdale, EVP Chief Financial Officer of IBTX, was the latest IBTX insider to sell. They sold $6,819.80 worth of IBTX stock on Oct 3, 2024.
Get more info about who owns IBTX shares here.
Can I get consistent income from IBTX stock?
Independent Bank Group pays a dividend of 2.56%, compared to the Banks - Regional industry's average dividend yield of 3.25%. If you owned $1,000 of IBTX stock, you would have been paid $25.62 in the past year.
Independent Bank Group dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Independent Bank Group dividend yield and history here.
What do other traders have to say about IBTX?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your IBTX purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Press the Open button and your broker will execute the order.
If you need more assistance buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your IBTX investment
Now that you own some IBTX shares, you'll want to keep up with your shares.
Create a watchlist to keep tabs on your IBTX stock.
IBTX Feed
How to Buy Stock in Independent Bank Group
To summarize, here are the 6 steps you need to take to buy Independent Bank Group stock right now:
- Choose where to buy Independent Bank Group stock
- Sign up for your brokerage account
- Deposit money your investment account
- Evaluate Independent Bank Group stock
- Make your IBTX purchase
- Get the latest scoop on your IBTX investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Independent Bank Group, get started below.
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