Independent Bank Corp.
What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on Independent Bank Corp. with analysts unanimously rating it hold. Analysts don't like Independent Bank Corp. as much as competitor Boston Private Financial Holdings overall. Four out of nine analysts rate Boston Private Financial Holdings a buy compared to zero of four for Independent Bank Corp. Analysts' rating of Independent Bank Corp. has stayed constant from three months prior.
- Revenue Forecasts: On average, analysts predict $55.6 million in revenue this quarter. That would represent a rise of 2.9% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.50 per share. Estimates range from $0.48 to $0.53.
What our community says:
CAPS All-Stars are split on Independent Bank Corp., with 54.5% rating it an "outperform" and 45.5% giving it an "underperform" rating. Independent Bank Corp. has a CAPS rating of zero out of five stars.
The profit of Independent Bank Corp. has risen year-over-year by an average of 15.3% over the past five quarters. Revenue has fallen in the past two quarters.
One final thing: If you want to keep tabs on Independent Bank Corp. movements, and for more analysis on the company, make sure you add it to your Watchlist.