IBTX vs. RNST, TFIN, OFG, BANR, LOB, FBK, LKFN, HTLF, CUBI, and EFSC
Should you be buying Independent Bank Group stock or one of its competitors? The main competitors of Independent Bank Group include Renasant (RNST), Triumph Financial (TFIN), OFG Bancorp (OFG), Banner (BANR), Live Oak Bancshares (LOB), FB Financial (FBK), Lakeland Financial (LKFN), Heartland Financial USA (HTLF), Customers Bancorp (CUBI), and Enterprise Financial Services (EFSC). These companies are all part of the "state commercial banks" industry.
Independent Bank Group (NASDAQ:IBTX) and Renasant (NASDAQ:RNST) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, risk, profitability, media sentiment, valuation, community ranking and institutional ownership.
77.9% of Independent Bank Group shares are held by institutional investors. Comparatively, 77.3% of Renasant shares are held by institutional investors. 3.4% of Independent Bank Group shares are held by company insiders. Comparatively, 2.8% of Renasant shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Independent Bank Group has a beta of 1.36, suggesting that its share price is 36% more volatile than the S&P 500. Comparatively, Renasant has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500.
Renasant has higher revenue and earnings than Independent Bank Group. Renasant is trading at a lower price-to-earnings ratio than Independent Bank Group, indicating that it is currently the more affordable of the two stocks.
In the previous week, Independent Bank Group and Independent Bank Group both had 1 articles in the media. Independent Bank Group's average media sentiment score of 1.59 beat Renasant's score of 1.05 indicating that Independent Bank Group is being referred to more favorably in the media.
Renasant received 78 more outperform votes than Independent Bank Group when rated by MarketBeat users. Likewise, 57.69% of users gave Renasant an outperform vote while only 53.96% of users gave Independent Bank Group an outperform vote.
Renasant has a net margin of 14.67% compared to Independent Bank Group's net margin of 10.96%. Renasant's return on equity of 7.44% beat Independent Bank Group's return on equity.
Independent Bank Group pays an annual dividend of $1.52 per share and has a dividend yield of 3.5%. Renasant pays an annual dividend of $0.88 per share and has a dividend yield of 2.8%. Independent Bank Group pays out 60.1% of its earnings in the form of a dividend. Renasant pays out 35.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Independent Bank Group presently has a consensus target price of $48.33, suggesting a potential upside of 10.00%. Renasant has a consensus target price of $33.00, suggesting a potential upside of 6.62%. Given Independent Bank Group's stronger consensus rating and higher possible upside, analysts clearly believe Independent Bank Group is more favorable than Renasant.
Summary
Independent Bank Group beats Renasant on 11 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IBTX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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