Independent Bank Group Inc expected to post earnings of $1.25 a share - Earnings Preview

Independent Bank

21/01/2022 23:51

* Independent Bank Group Inc  IBTX.OQ   IBTX.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 24. 
    * The Mckinney Texas-based  company is expected to report  a
5.5% increase in revenue to $147.527 million from $139.79
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Independent Bank
Group
Inc is for earnings of $1.25 per share. For the same quarter
last year, the company reported earnings of $1.35 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Independent
Bank
Group Inc is $80.5​, about 5% above​ its last closing price
of $76.50. ​​​
    * 

This summary was machine generated January 21 at 23:51 GMT.  All
figures in US dollars  unless otherwise stated