Independent Bank Stock Forecast for 2023 - 2025 - 2030

Updated on 04/27/2024

Stock Rating
14
Price Target
$57.50
Consensus
Neutral
Upside
9.05%
Analysts
0
Stock Rating
14
Upside
9.05%
Analysts
0
Price Target
$57.50

Independent Bank Stock Forecast and Price Target

According to experts, who recently provided their 2024 price targets for Independent Bank, the average price target is $57.50, with a high estimate of $60.00 and a low estimate of $55.00. That is a potential upside of approximately 9.05% from the last closing price of $52.73 on April, 2024. Even if you are not interested in INDB stock, you should still be aware of its competitors.

$57.50

9.05% Upside

Hold
Hold

Independent Bank Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Independent Bank's Price has decreased from $57.13 to $0.00 – a 100.00% drop! For next year, the 4 analysts predict Fair Value of $73.84, which would mean an increase of 100.00%. Over the next eight years, the pros' prediction is Fair Valueof $64.79, which would mean a eight-year growth forecast of 100.00%.

2024 Fair Value Forecast
$73.84
2024 Fair Value Forecast
$73.84
2025 Fair Value Forecast
$79.30
2026 Fair Value Forecast
$51.04
2027 Fair Value Forecast
$59.29
2028 Fair Value Forecast
$66.12
2029 Fair Value Forecast
$72.97
2030 Fair Value Forecast
$64.79
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BAC Stock Forecast Bank of America Outperform 6
$37.83 Buy/Sell $37.72 3.75%
BK Stock Forecast The Bank of New York Mellon Outperform 8
$57.32 Buy/Sell $60.55 13.40%
TFSL Stock Forecast TFS Financial Hold 14
$12.20 Buy/Sell $14.00 18.85%
FBP Stock Forecast First BanCorp. Outperform 14
$17.24 Buy/Sell $17.30 21.81%
WSFS Stock Forecast WSFS Financial Outperform 14
$42.85 Buy/Sell $50.20 26.02%

Independent Bank Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Independent Bank's Revenue has grown, increasing from $425.26M to $707.57M – an increase of 66.39%. For next year, the 1 analysts predict Revenue of $709.60M, which would mean an increase of 0.29%. Over the next eight years, the pros' prediction is Revenueof $731.20M, which would mean a eight-year growth forecast of 3.34%.

2024 Rev Forecast
$0.71B
2024 Rev Forecast
$0.71B
2025 Rev Forecast
$0.75B
2026 Rev Forecast
$0.73B
2027 Rev Forecast
$0.73B
2028 Rev Forecast
$0.72B
2029 Rev Forecast
$0.73B
2030 Rev Forecast
$0.73B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
EBC Stock Forecast Eastern Bankshares Outperform 0
$13.04 Buy/Sell $16.50 26.53%
NWBI Stock Forecast Northwest Bancshares Hold 14
$10.82 Buy/Sell $11.50 10.91%
FCF Stock Forecast First Commonwealth Financial Outperform 14
$13.55 Buy/Sell $15.25 18.08%

Independent Bank Dividend per Share Forecast for 2023 - 2025 - 2030

Independent Bank's Dividend per Share has increased by 19.57% In the last three years, going from $1.84 to $2.20. According to the 3 analysts polled, in the next year, Independent Bank's Dividend per Share will fall by 0.45%, reaching $2.19. By 2030, professionals believe that Independent Bank's Dividend per Share will have decreased by 0.50%, falling to $2.19.

2024 DPS Forecast
$2.19
2025 DPS Forecast
$2.22
2026 DPS Forecast
$2.17
2027 DPS Forecast
$2.18
2028 DPS Forecast
$2.19
2029 DPS Forecast
$2.20
2030 DPS Forecast
$2.19
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
STBA Stock Forecast S&T Bancorp Hold 14
$30.98 Buy/Sell $31.25 4.91%
PFS Stock Forecast Provident Financial Services Hold 14
$15.09 Buy/Sell $26.00 25.91%
SASR Stock Forecast Sandy Spring Bancorp Hold 14
$21.49 Buy/Sell $25.00 16.33%

Independent Bank Free Cash Flow Forecast for 2023 - 2025 - 2030

Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
OCFC Stock Forecast OceanFirst Financial Outperform 14
$15.37 Buy/Sell $19.71 23.62%
LBAI Stock Forecast Lakeland Bancorp Hold 14
$12.52 Buy/Sell $21.21 13.02%
DCOM Stock Forecast Dime Community Bancshares Outperform 14
$19.08 Buy/Sell $23.70 31.03%

Independent Bank EBITDA Forecast for 2023 - 2025 - 2030

Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
BRKL Stock Forecast Brookline Bancorp Outperform 2
$8.34 Buy/Sell $11.40 55.88%
CNOB Stock Forecast ConnectOne Bancorp Buy 14
$18.30 Buy/Sell $22.30 31.15%
EGBN Stock Forecast Eagle Bancorp Hold 14
$19.41 Buy/Sell $24.92 33.95%

Independent Bank EBIT Forecast for 2023 - 2025 - 2030

2024 EBIT Forecast
$0.29B
2025 EBIT Forecast
$0.31B
2026 EBIT Forecast
$0.29B
2027 EBIT Forecast
$0.30B
2028 EBIT Forecast
$0.30B
2029 EBIT Forecast
$0.30B
2030 EBIT Forecast
$0.30B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
UVSP Stock Forecast Univest Financial Hold 12
$21.23 Buy/Sell $20.67 8.34%
TRST Stock Forecast TrustCo Bank Corp NY Underperform 14
$27.08 Buy/Sell $29.00 -3.99%
CATC Stock Forecast Cambridge Bancorp Hold 14
$64.28 Buy/Sell $72.11 22.90%

Independent Bank EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Independent Bank's EPS has decreased from $3.66 to $0.00 – a 100.00% drop! For next year, the 4 analysts predict EPS of $4.73, which would mean an increase of 100.00%. Over the next eight years, the pros' prediction is EPSof $4.15, which would mean a eight-year growth forecast of 100.00%.

2024 EPS Forecast
$4.73
2024 EPS Forecast
$4.73
2025 EPS Forecast
$5.08
2026 EPS Forecast
$3.27
2027 EPS Forecast
$3.80
2028 EPS Forecast
$4.24
2029 EPS Forecast
$4.67
2030 EPS Forecast
$4.15
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
WASH Stock Forecast Washington Trust Bancorp Hold 14
$26.14 Buy/Sell $27.00 3.29%
CAC Stock Forecast Camden National Hold 14
$30.50 Buy/Sell $33.67 21.31%
PGC Stock Forecast Peapack-Gladstone Financial Buy 12
$22.74 Buy/Sell $30.00 42.92%