Independent Bank Group Statistics
Total Valuation
IBTX has a market cap or net worth of $1.94 billion. The enterprise value is $1.64 billion.
| Market Cap | 1.94B |
| Enterprise Value | 1.64B |
Important Dates
The last earnings date was Monday, April 22, 2024, after market close.
| Earnings Date | Apr 22, 2024 |
| Ex-Dividend Date | May 1, 2024 |
Share Statistics
IBTX has 41.38 million shares outstanding. The number of shares has increased by 0.26% in one year.
| Shares Outstanding | 41.38M |
| Shares Change (YoY) | +0.26% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 13.53% |
| Owned by Institutions (%) | 80.42% |
| Float | 35.80M |
Valuation Ratios
The trailing PE ratio is 17.44 and the forward PE ratio is 14.04. IBTX's PEG ratio is 1.81.
| PE Ratio | 17.44 |
| Forward PE | 14.04 |
| PS Ratio | 3.77 |
| Forward PS | 3.34 |
| PB Ratio | 0.76 |
| P/FCF Ratio | 11.57 |
| PEG Ratio | 1.81 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.88, with an EV/FCF ratio of 10.43.
| EV / Earnings | 15.64 |
| EV / Sales | 3.40 |
| EV / EBITDA | 10.88 |
| EV / EBIT | 12.45 |
| EV / FCF | 10.43 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.23 |
| Debt / EBITDA | 3.66 |
| Debt / FCF | 3.51 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 4.40% and return on invested capital (ROIC) is 3.55%.
| Return on Equity (ROE) | 4.40% |
| Return on Assets (ROA) | 0.60% |
| Return on Capital (ROIC) | 3.55% |
| Revenue Per Employee | $317,981 |
| Profits Per Employee | $69,124 |
| Employee Count | 1,517 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, IBTX has paid $26.88 million in taxes.
| Income Tax | 26.88M |
| Effective Tax Rate | 20.40% |
Stock Price Statistics
The stock price has increased by +27.66% in the last 52 weeks. The beta is 1.36, so IBTX's price volatility has been higher than the market average.
| Beta (1Y) | 1.36 |
| 52-Week Price Change | +27.66% |
| 50-Day Moving Average | 42.04 |
| 200-Day Moving Average | 42.67 |
| Relative Strength Index (RSI) | 62.21 |
| Average Volume (30 Days) | 214,553 |
Short Selling Information
The latest short interest is 2.38 million, so 5.75% of the outstanding shares have been sold short.
| Short Interest | 2.38M |
| Short Previous Month | 2.64M |
| Short % of Shares Out | 5.75% |
| Short % of Float | 6.64% |
| Short Ratio (days to cover) | 11.64 |
Income Statement
In the last 12 months, IBTX had revenue of $482.38 million and earned $104.86 million in profits. Earnings per share was $2.52.
| Revenue | 482.38M |
| Gross Profit | 482.38M |
| Operating Income | 131.74M |
| Pretax Income | 131.74M |
| Net Income | 104.86M |
| EBITDA | 150.69M |
| EBIT | 131.74M |
| Earnings Per Share (EPS) | $2.52 |
Balance Sheet
The company has $730.25 million in cash and $551.64 million in debt, giving a net cash position of $178.60 million or $4.32 per share.
| Cash & Cash Equivalents | 730.25M |
| Total Debt | 551.64M |
| Net Cash | 178.60M |
| Net Cash Per Share | $4.32 |
| Equity / Book Value | 2.40B |
| Book Value Per Share | 58.02 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $175.31 million and capital expenditures -$18.14 million, giving a free cash flow of $157.17 million.
| Operating Cash Flow | 175.31M |
| Capital Expenditures | -18.14M |
| Free Cash Flow | 157.17M |
| FCF Per Share | $3.81 |
Margins
Gross margin is 100.00%, with operating and profit margins of 27.31% and 21.74%.
| Gross Margin | 100.00% |
| Operating Margin | 27.31% |
| Pretax Margin | 27.31% |
| Profit Margin | 21.74% |
| EBITDA Margin | 31.24% |
| EBIT Margin | 27.31% |
| FCF Margin | 32.58% |
Dividends & Yields
This stock pays an annual dividend of $1.52, which amounts to a dividend yield of 3.23%.
| Dividend Per Share | $1.52 |
| Dividend Yield | 3.23% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 60.32% |
| Buyback Yield | -0.26% |
| Shareholder Yield | 3.20% |
| Earnings Yield | 5.77% |
| FCF Yield | 8.64% |
Analyst Forecast
The average price target for IBTX is $49.88, which is 6.13% higher than the current price. The consensus rating is "Buy".
| Price Target | $49.88 |
| Price Target Difference | 6.13% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |