Independent Bank Corporation Stock Price and Value Analysis

Should you buy Independent Bank Corporation stock? (NasdaqGS:IBCP). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantages
  • This company has a large dividend yield!
  • This company is less known than others.
  • This stock looks overpriced.
  • This company has wild ups and downs.
  • This company is not making money.

Inside the IBCP Numbers

IBCP Price
(Independent Bank Corporation stock price per share)
$23.05
[?] PE Ratio versus Sector 47% lower than other Financial stocks
[?] PE Ratio versus Industry 0% lower than other Banks - Regional - US stocks
[?] Cash Yield 6.39%
[?] Free Cash Flow Jitter 484%
[?] Dividend Yield 4%
Shares Shorted 473,779

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 473,779 shares shorted. With 19,245,503 shares available for purchase and an average trading volume over the past 10 trading days of 77,990, it would take at least 6.075 days for all of the short holders to cover their shorts.

Is Independent Bank Corporation Stock on Sale?

Based on our analysis, we believe that you should not buy Independent Bank Corporation right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy IBCP Stock?

Does Independent Bank Corporation have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.