For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Independent Bank Corp (NASDAQ: INDB) closed at $71.51 down -0.25% from its previous closing price of $71.69. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 0.21 million shares were traded. INDB stock price reached its highest trading level at $72.33 during the session, while it also had its lowest trading level at $71.43.
Ratios:
For a deeper understanding of Independent Bank Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
On July 22, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $65.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 14 ’25 when OBrien Daniel F sold 3,781 shares for $66.88 per share. The transaction valued at 252,875 led to the insider holds 22,870 shares of the business.
Nadeau Gerard F sold 3,500 shares of INDB for $231,001 on Aug 12 ’25. The Director now owns 26,895 shares after completing the transaction at $66.00 per share. On Aug 13 ’25, another insider, Nadeau Gerard F, who serves as the Director of the company, sold 1,500 shares for $67.51 each. As a result, the insider received 101,272 and left with 25,395 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INDB now has a Market Capitalization of 3569486080 and an Enterprise Value of 3457891328. As of this moment, Independent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.14, and their Forward P/E ratio for the next fiscal year is 9.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.60 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 5.217.
Stock Price History:
The Beta on a monthly basis for INDB is 0.93, which has changed by 0.146361 over the last 52 weeks, in comparison to a change of 0.16844666 over the same period for the S&P500. Over the past 52 weeks, INDB has reached a high of $77.23, while it has fallen to a 52-week low of $52.15. The 50-Day Moving Average of the stock is 8.16%, while the 200-Day Moving Average is calculated to be 9.66%.
Shares Statistics:
For the past three months, INDB has traded an average of 391.51K shares per day and 259620 over the past ten days. A total of 49.84M shares are outstanding, with a floating share count of 48.63M. Insiders hold about 2.43% of the company’s shares, while institutions hold 78.15% stake in the company. Shares short for INDB as of 1755216000 were 1738664 with a Short Ratio of 4.44, compared to 1752537600 on 1876421. Therefore, it implies a Short% of Shares Outstanding of 1738664 and a Short% of Float of 4.5700002.
Dividends & Splits
According to the company, the forward annual dividend rate for INDB is 2.32, from 2.32 in the trailing year. Against a Trailing Annual Dividend Yield of 0.032361556The stock’s 5-year Average Dividend Yield is 3.17. The current Payout Ratio is 50.46% for INDB, which recently paid a dividend on 2025-06-30 with an ex-dividend date of 2025-06-30. Stock splits for the company last occurred on 1987-10-01 when the company split stock in a 3:2 ratio.
Earnings Estimates
Investors are keenly observing as 4.0 analysts analyze and rate the current performance of Independent Bank Corp (INDB) in the stock market.The consensus estimate for the next quarter is $1.56, with high estimates of $1.68 and low estimates of $1.44.
Analysts are recommending an EPS of between $5.52 and $5.42 for the fiscal current year, implying an average EPS of $5.48. EPS for the following year is $7.34, with 4.0 analysts recommending between $7.4 and $7.3.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $242.65M this quarter.It ranges from a high estimate of $242.65M to a low estimate of $242.65M. As of the current estimate, Independent Bank Corp’s year-ago sales were $175.25MFor the next quarter, 1 analysts are estimating revenue of $246.99M. There is a high estimate of $246.99M for the next quarter, whereas the lowest estimate is $246.99M.
A total of 2 analysts have provided revenue estimates for INDB’s current fiscal year. The highest revenue estimate was $859M, while the lowest revenue estimate was $849.49M, resulting in an average revenue estimate of $854.25M. In the same quarter a year ago, actual revenue was $689.74MBased on 2 analysts’ estimates, the company’s revenue will be $1.04B in the next fiscal year. The high estimate is $1.04B and the low estimate is $1.03B.
