Independent Bank Corporation (IBCP)
NASDAQ: IBCP · Real-Time Price · USD
32.40
+0.76 (2.40%)
At close: May 12, 2025, 4:00 PM
32.40
0.00 (0.00%)
After-hours: May 12, 2025, 4:05 PM EDT
Independent Bank Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Independent Bank stock have an average target of 36.67, with a low estimate of 35 and a high estimate of 39. The average target predicts an increase of 13.18% from the current stock price of 32.40.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Independent Bank stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $38 → $36 | Hold | Maintains | $38 → $36 | +11.11% | Apr 28, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $37 → $35 | Hold | Maintains | $37 → $35 | +8.02% | Apr 25, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $37 → $39 | Hold | Maintains | $37 → $39 | +20.37% | Jan 28, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Reiterates $39 → $41 | Hold | Reiterates | $39 → $41 | +26.54% | Jan 24, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $33 → $39 | Hold | Maintains | $33 → $39 | +20.37% | Dec 4, 2024 |
Financial Forecast
Revenue This Year
184.76M
from 218.14M
Decreased by -15.30%
Revenue Next Year
195.92M
from 184.76M
Increased by 6.04%
EPS This Year
3.17
from 3.16
Increased by 0.36%
EPS Next Year
3.39
from 3.17
Increased by 6.84%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 192.6M | 204.9M |
| Avg | 184.8M | 195.9M |
| Low | 175.3M | 183.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | -11.7% | 10.9% |
| Avg | -15.3% | 6.0% |
| Low | -19.7% | -0.6% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.31 | 3.69 |
| Avg | 3.17 | 3.39 |
| Low | 2.95 | 3.10 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 4.7% | 16.2% |
| Avg | 0.4% | 6.8% |
| Low | -6.7% | -2.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.