On 2016-07-27, Independent Bank Group, Inc (NASDAQ:IBTX) confirmed the dividend disbursement of $0.08 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-18 while ex-dividend date is reported to be 2016-08-04.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Independent Bank Group, Inc (NASDAQ:IBTX) paid a total of $0.08 per share in dividends. This figure stood at $0.08 a share in the same period a year ago indicating a deviation of 33.3333%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $47.333 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $52 and $44, respectively.
Taking the mathematical rating formula, the price for Independent Bank Group, Inc (NASDAQ:IBTX) stands at 2. Earnings Review Independent Bank Group, Inc (NASDAQ:IBTX) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.74.
Coming to the quarter ending on 2015-12-31, Independent Bank Group, Inc (NASDAQ:IBTX) recorded EPS of $0.74. The reported numbers came lower than the analysts’ estimates of $0.69, demonstrating a miss of $0.05 as against reported figures.
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