Independent Bank Corp. (NASDAQ:INDB) will release its second quarter earnings report after the closing bell on Thursday, July 16.
Analysts expect the Rockland, Massachusetts-based company to report quarterly earnings of $1.78 per share, up from $1.25 per share in the year-ago period. The consensus estimate for Independent Bank’s quarterly revenue is $258.95 million. It reported $181.8 million last year, according to Benzinga Pro.
On June 18, Independent Bank announced a 64 cents per share dividend.
Shares of Independent Bank fell 0.3% to close at $83.45 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company </em></a> in the recent period.
- Piper Sandler analyst Justin Crowley maintained a Neutral rating and raised the price target from $84 to $90 on June 26, 2026. This analyst has an accuracy rate of 72%.
- Hovde Group analyst Feddie Strickland initiated coverage on the stock with an Outperform rating with a price target of $95 on May 15, 2026. This analyst has an accuracy rate of 58%.
- Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating and cut the price target from $96 to $94 on April 20, 2026. This analyst has an accuracy rate of 79%.
- Stephens & Co. analyst Matt Breese initiated coverage on the stock with an Overweight rating and a price target of $88 on April 16, 2026. This analyst has an accuracy rate of 57%.
- Barclays analyst Jared Shaw maintained an Underweight rating and raised the price target from $80 to $82 on April 7, 2026. This analyst has an accuracy rate of 69%
Considering buying INDB stock? Here’s what analysts think:
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