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NASDAQ: INDB
Independent Bank Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for INDB

Based on 2 analysts offering 12 month price targets for Independent Bank Corp.
Min Forecast
$60.00+1.85%
Avg Forecast
$62.50+6.09%
Max Forecast
$65.00+10.34%

Should I buy or sell INDB stock?

Based on 2 analysts offering ratings for Independent Bank Corp.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 50%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their INDB stock forecasts and price targets.

INDB stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-22
lockedlocked$00.00+00.00%2024-04-22

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Forecast return on equity

Is INDB forecast to generate an efficient return?
Company
7.56%
Industry
114.87%
Market
50.26%
INDB's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is INDB forecast to generate an efficient return on assets?
Company
1.14%
Industry
10.5%
INDB is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

INDB earnings per share forecast

What is INDB's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$4.75-4.36%
Avg 2 year Forecast
$5.20+4.56%
INDB's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

INDB revenue forecast

What is INDB's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$687.3M+1.37%
Avg 2 year Forecast
$730.9M+7.8%
INDB's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

INDB earnings growth forecast

How is INDB forecast to perform vs Banks - Regional companies and vs the US market?
Company
-4.36%
Industry
7.91%
Market
31.2%
INDB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
INDB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
INDB's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

INDB revenue growth forecast

How is INDB forecast to perform vs Banks - Regional companies and vs the US market?
Company
1.37%
Industry
1.75%
Market
10.24%
INDB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
INDB's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

INDB vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
INDB$58.91$62.50+6.09%Buy
BOH$62.68$59.00-5.87%Sell
SFNC$20.33$21.67+6.58%Sell
BKU$34.89$35.86+2.77%Hold
PRK$163.24$130.00-20.36%Hold
View Top Bank Stocks

Independent Bank Stock Forecast FAQ

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

The consensus among 2 Wall Street analysts covering (NASDAQ: INDB) stock is to Buy INDB stock.

Out of 2 analysts, 0 (0%) are recommending INDB as a Strong Buy, 1 (50%) are recommending INDB as a Buy, 1 (50%) are recommending INDB as a Hold, 0 (0%) are recommending INDB as a Sell, and 0 (0%) are recommending INDB as a Strong Sell.

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

What is INDB's earnings growth forecast for 2024-2025?

(NASDAQ: INDB) Independent Bank's forecast annual earnings growth rate of -4.36% is not forecast to beat the US Banks - Regional industry's average forecast earnings growth rate of 7.91%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 31.2%.

Independent Bank's earnings in 2024 is $214,711,000.On average, 3 Wall Street analysts forecast INDB's earnings for 2024 to be $201,934,981, with the lowest INDB earnings forecast at $198,396,138, and the highest INDB earnings forecast at $208,167,254.

In 2025, INDB is forecast to generate $220,771,993 in earnings, with the lowest earnings forecast at $201,794,787 and the highest earnings forecast at $244,702,731.

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

(NASDAQ: INDB) Independent Bank's forecast annual revenue growth rate of 1.37% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 1.75%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.24%.

Independent Bank's revenue in 2024 is $677,975,000.On average, 2 Wall Street analysts forecast INDB's revenue for 2024 to be $29,196,519,409, with the lowest INDB revenue forecast at $28,977,731,377, and the highest INDB revenue forecast at $29,415,307,441.

In 2025, INDB is forecast to generate $31,049,845,214 in revenue, with the lowest revenue forecast at $30,156,637,763 and the highest revenue forecast at $31,943,052,665.

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

(NASDAQ: INDB) forecast ROA is 1.14%, which is lower than the forecast US Banks - Regional industry average of 10.5%.

What is INDB's Price Target?

According to 2 Wall Street analysts that have issued a 1 year INDB price target, the average INDB price target is $62.50, with the highest INDB stock price forecast at $65.00 and the lowest INDB stock price forecast at $60.00.

On average, Wall Street analysts predict that Independent Bank's share price could reach $62.50 by Jul 22, 2025. The average Independent Bank stock price prediction forecasts a potential upside of 6.09% from the current INDB share price of $58.91.

What is INDB's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: INDB) Independent Bank's current Earnings Per Share (EPS) is $4.97. On average, analysts forecast that INDB's EPS will be $4.75 for 2024, with the lowest EPS forecast at $4.67, and the highest EPS forecast at $4.90. In 2025, INDB's EPS is forecast to hit $5.20 (min: $4.75, max: $5.76).

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

(NASDAQ: INDB) forecast ROE is 7.56%, which is considered weak.
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