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NASDAQ: IBTX
Independent Bank Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for IBTX

Based on 6 analysts offering 12 month price targets for Independent Bank Group Inc.
Min Forecast
$38.00-3.21%
Avg Forecast
$51.50+31.18%
Max Forecast
$59.00+50.28%

Should I buy or sell IBTX stock?

Based on 6 analysts offering ratings for Independent Bank Group Inc.
Buy
Strong Buy
3 analysts 50%
Buy
2 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

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IBTX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-25
lockedlocked$00.00+00.00%2024-04-24
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-01-24
lockedlocked$00.00+00.00%2024-01-24
Truist Securities
Top 22%
79
Strong BuyMaintains$56.00+42.64%2023-12-15Find out why

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Forecast return on equity

Is IBTX forecast to generate an efficient return?

Forecast return on assets

Is IBTX forecast to generate an efficient return on assets?

IBTX revenue forecast

What is IBTX's revenue in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$513.3M+6.42%
Avg 2 year Forecast
$621.9M+28.92%
IBTX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IBTX revenue growth forecast

How is IBTX forecast to perform vs Banks - Regional companies and vs the US market?
Company
6.42%
Industry
5.53%
Market
12.87%
IBTX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IBTX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IBTX vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
IBTX$39.26$51.50+31.18%Buy
TFIN$70.58$69.50-1.53%Sell
WSBC$27.76$29.75+7.17%Hold
RNST$29.91$32.75+9.50%Hold
NBTB$35.74$41.20+15.28%Strong Buy

Independent Bank Group Stock Forecast FAQ

Is Independent Bank Group Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NASDAQ: IBTX) stock is to Buy IBTX stock.

Out of 6 analysts, 3 (50%) are recommending IBTX as a Strong Buy, 2 (33.33%) are recommending IBTX as a Buy, 0 (0%) are recommending IBTX as a Hold, 0 (0%) are recommending IBTX as a Sell, and 1 (16.67%) are recommending IBTX as a Strong Sell.

If you're new to stock investing, here's how to buy Independent Bank Group stock.

What is IBTX's revenue growth forecast for 2024-2025?

(NASDAQ: IBTX) Independent Bank Group's forecast annual revenue growth rate of 6.42% is forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 5.53%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.87%.

Independent Bank Group's revenue in 2024 is $482,377,000.On average, 4 Wall Street analysts forecast IBTX's revenue for 2024 to be $21,241,127,731, with the lowest IBTX revenue forecast at $20,631,814,711, and the highest IBTX revenue forecast at $21,678,715,859.

In 2025, IBTX is forecast to generate $25,733,906,075 in revenue, with the lowest revenue forecast at $25,162,869,085 and the highest revenue forecast at $26,391,839,998.

What is IBTX's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: IBTX) forecast ROA is N/A, which is lower than the forecast US Banks - Regional industry average of 1.32%.

What is IBTX's Price Target?

According to 6 Wall Street analysts that have issued a 1 year IBTX price target, the average IBTX price target is $51.50, with the highest IBTX stock price forecast at $59.00 and the lowest IBTX stock price forecast at $38.00.

On average, Wall Street analysts predict that Independent Bank Group's share price could reach $51.50 by Apr 25, 2025. The average Independent Bank Group stock price prediction forecasts a potential upside of 31.18% from the current IBTX share price of $39.26.

What is IBTX's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: IBTX) forecast ROE is N/A, which is considered weak.
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