With 0.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.34 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $66.49 whereas the lowest price it dropped to was $64.85. The 52-week range on INDB shows that it touched its highest point at $77.23 and its lowest point at $47.43 during that stretch. It currently has a 1-year price target of $74.75. With its current market cap of 2.81 billion, INDB has annualized dividend of $2.89 while the current yield stands at 4.37%. INDB paid its most recent dividend on 1751241600, while the ex-dividend date for that was 1751241600. Beta for the stock currently stands at 0.88.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INDB was up-trending over the past week, with a rise of 7.07%, but this was up by 8.50% over a month. Three-month performance surged to 5.87% while six-month performance rose 1.77%. The stock gained 3.05% in the past year, while it has gained 30.42% so far this year. A look at the trailing 12-month EPS for INDB yields 4.44 with Next year EPS estimates of 6.82. For the next quarter, that number is 1.21. This implies an EPS growth rate of 15.14% for this year and 30.14% for next year.
Float and Shares Shorts:
At present, 42.61 million INDB shares are outstanding with a float of 42.05 million shares on hand for trading. On 2025-06-13, short shares totaled 1.63 million, which was 383.0 higher than short shares on 1747267200. In addition to Mr. Jeffrey J. Tengel as the firm’s President, CEO & Director, Mr. Mark J. Ruggiero CPA serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.8948 of INDB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INDB since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With INDB analysts setting a high price target of 81.0 and a low target of 68.0, the average target price over the next 12 months is 74.75. Based on these targets, INDB could surge 22.45% to reach the target high and rise by 2.8% to reach the target low. Reaching the average price target will result in a growth of 13.0% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.56165 being high and $4.45161 being low. For INDB, this leads to a yearly average estimate of $4.50163.
