Feb. 5, 2020 Price forecast | 2 weeks: -1.08% | 1 month: -1.81% | 3 months: -1.27%


INDB stock forecast

Our latest prediction for Independent Bank Corp. (Massachusetts)'s stock price was made on the Feb. 5, 2020 when the stock price was at 76.46$.

In the short term (2weeks), INDB's stock price should underperform the market by -1.08%. During that period the price should oscillate between -4.93% and +3.77%.

In the medium term (3months), INDB's stock price should underperform the market by -1.27%. During that period the price should oscillate between -13.41% and +8.10%.


About Independent Bank Corp. (Massachusetts)

Independent Bank Corp. operates as a bank holding company. The company provides commercial banking, retail banking, and wealth management services and is engaged in sale of retail investments and insurance products in Massachusetts. It offers deposit products, including demand deposits, interest checking, money market accounts, savings accounts and time certificates of deposit. The company provides real estate loans, which include commercial mortgages that are secured by non-residential properties; residential mortgages that are secured primarily by owner-occupied residences; and mortgages for the construction of commercial and residential properties. Independent Bank was founded in 1985 and is headquartered in Rockland, MA.

At the moment the company generates 474M USD in revenues.

On its last earning announcement, the company reported a profit of 4.72$ per share.

The book value per share is 35.47$

Independent Bank Corp. (Massachusetts) website


Three months stock forecastFeb. 5, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
474M - - - 148M 4.72 1.70 36.79% 31M 35.47 175M -15M 161M