Independent Bank Corp (NASDAQ: INDB) has a price-to-earnings ratio that is above its average at 13.80x. The stock has a 36-month beta value of 0.86. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for INDB is 42.05M, and at present, short sellers hold a 4.30% of that float. On June 19, 2025, the average trading volume of INDB was 329.02K shares.
INDB) stock’s latest price update
The stock price of Independent Bank Corp (NASDAQ: INDB) has plunged by 0.00 when compared to previous closing price of 61.26, but the company has seen a -6.04% decline in its stock price over the last five trading sessions. businesswire.com reported 2025-06-18 that ROCKLAND, Mass.–(BUSINESS WIRE)–The Board of Directors of Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced a $0.59 per share dividend. The dividend will be payable on July 7, 2025, to stockholders of record as of the close of business on June 30, 2025. ABOUT INDEPENDENT BANK CORP. Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered.
INDB’s Market Performance
Independent Bank Corp (INDB) has experienced a -6.04% fall in stock performance for the past week, with a -5.23% drop in the past month, and a -4.34% drop in the past quarter. The volatility ratio for the week is 1.25%, and the volatility levels for the past 30 days are at 1.79% for INDB. The simple moving average for the last 20 days is -2.01% for INDB stock, with a simple moving average of -4.37% for the last 200 days.
Analysts’ Opinion of INDB
Many brokerage firms have already submitted their reports for INDB stocks, with Raymond James repeating the rating for INDB by listing it as a “Strong Buy.” The predicted price for INDB in the upcoming period, according to Raymond James is $74 based on the research report published on October 21, 2024 of the previous year 2024.
Seaport Research Partners, on the other hand, stated in their research note that they expect to see INDB reach a price target of $65. The rating they have provided for INDB stocks is “Buy” according to the report published on July 22nd, 2024.
INDB Trading at 0.84% from the 50-Day Moving Average
After a stumble in the market that brought INDB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.68% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INDB starting from Venables Thomas R, who sale 1,000 shares at the price of $64.52 back on Jun 13 ’25. After this action, Venables Thomas R now owns 20,962 shares of Independent Bank Corp, valued at $64,515 using the latest closing price.
Thomas Venables, the Director of Independent Bank Corp, proposed sale 1,000 shares at $65.20 during a trade that took place back on Jun 13 ’25, which means that Thomas Venables is holding shares at $65,200 based on the most recent closing price.
Stock Fundamentals for INDB
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.66 for the gross margin
The net margin for Independent Bank Corp stands at 0.19. The total capital return value is set at 0.06. Equity return is now at value 6.38, with 0.96 for asset returns.
Based on Independent Bank Corp (INDB), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 0.84.
Currently, EBITDA for the company is 288.02 million with net debt to EBITDA at 0.51. When we switch over and look at the enterprise to sales, we see a ratio of 2.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.
Conclusion
To sum up, Independent Bank Corp (INDB) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
