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Allegiance Bancshares Stock Price, Forecast & Analysis (NASDAQ:ABTX)

$34.65
+0.01 (+0.03 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$34.47
Now: $34.65
$34.99
50-Day Range
$30.64
MA: $33.82
$35.99
52-Week Range
$28.58
Now: $34.65
$38.95
Volume741,300 shs
Average Volume207,034 shs
Market Capitalization$721.07 million
P/E Ratio13.75
Dividend YieldN/A
Beta1.4
Allegiance Bancshares, Inc operates as the bank holding company for Allegiance Bank that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers. It accepts deposit products, including checking accounts, commercial accounts, and savings accounts, as well as other time deposits comprising money market accounts and certificates of deposit. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:ABTX
CUSIPN/A
Phone281-894-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$165.94 million
Cash Flow$2.00 per share
Book Value$33.94 per share

Profitability

Net Income$37.31 million

Miscellaneous

Employees569
Market Cap$721.07 million
Next Earnings Date1/24/2020 (Estimated)
OptionableNot Optionable

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Allegiance Bancshares (NASDAQ:ABTX) Frequently Asked Questions

What is Allegiance Bancshares' stock symbol?

Allegiance Bancshares trades on the NASDAQ under the ticker symbol "ABTX."

How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares Inc (NASDAQ:ABTX) released its quarterly earnings results on Friday, October, 25th. The bank reported $0.57 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.69 by $0.12. The bank earned $47.73 million during the quarter, compared to analyst estimates of $49 million. Allegiance Bancshares had a net margin of 21.42% and a return on equity of 7.65%. View Allegiance Bancshares' Earnings History.

When is Allegiance Bancshares' next earnings date?

Allegiance Bancshares is scheduled to release their next quarterly earnings announcement on Friday, January 24th 2020. View Earnings Estimates for Allegiance Bancshares.

What price target have analysts set for ABTX?

3 brokerages have issued 12 month price objectives for Allegiance Bancshares' shares. Their forecasts range from $36.00 to $38.26. On average, they expect Allegiance Bancshares' share price to reach $37.42 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Allegiance Bancshares.

What is the consensus analysts' recommendation for Allegiance Bancshares?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allegiance Bancshares in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allegiance Bancshares.

What are Wall Street analysts saying about Allegiance Bancshares stock?

Here are some recent quotes from research analysts about Allegiance Bancshares stock:
  • 1. According to Zacks Investment Research, "Allegiance Bancshares, Inc. operates as a bank holding company. The Company offers banking products and services primarily to small and medium-sized businesses and individual customers, through its subsidiaries. It offers checking accounts, savings accounts, certificates of deposit, bank-by-mail, cashier's checks, travelers checks, gift cards, savings bonds, personal loans, automobile loans, commercial loans, mortgage loans, home improvement loans, online banking services, safe deposit boxes and automated teller machines. Allegiance Bancshares, Inc. is headquartered in Houston, Texas. " (10/9/2019)
  • 2. Stephens analysts commented, "We maintain our Equal-Weight rating. KEY EPS Miss to Consensus; Lowering Our EPS Estimates. ABTX reported 1Q19 GAAP EPS of $0.58. Excluding merger expenses we estimate operating EPS of $0.62, below consensus of $0.65. Results were marked by soft revenue trends from compressing NIM and elevated operating expenses. We are decreasing our 2019 EPS estimate from $2.84 to $2.70 and our 2020 EPS estimate from $3.12 to $3.00." (4/29/2019)

Has Allegiance Bancshares been receiving favorable news coverage?

Press coverage about ABTX stock has trended negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Allegiance Bancshares earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Allegiance Bancshares.

Are investors shorting Allegiance Bancshares?

Allegiance Bancshares saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,440,000 shares, a decrease of 5.3% from the September 30th total of 1,520,000 shares. Based on an average trading volume of 243,100 shares, the days-to-cover ratio is presently 5.9 days. Currently, 7.6% of the company's shares are short sold. View Allegiance Bancshares' Current Options Chain.

Who are some of Allegiance Bancshares' key competitors?

What other stocks do shareholders of Allegiance Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiance Bancshares investors own include Adobe (ADBE), Arthur J Gallagher & Co (AJG), HCA Healthcare (HCA), Atlas Air Worldwide (AAWW), Abeona Therapeutics (ABEO), Achieve Life Sciences (ACHV), Allegiant Travel (ALGT), PepsiCo (PEP), Arconic (ARNC) and BorgWarner (BWA).

Who are Allegiance Bancshares' key executives?

Allegiance Bancshares' management team includes the folowing people:
  • Mr. George Martinez, Chairman & CEO (Age 77)
  • Mr. Steven F. Retzloff, Pres & Director (Age 63)
  • Mr. Paul P. Egge, Exec. VP & CFO (Age 41)
  • Ms. Shanna R. Kuzdzal, Exec. VP, Gen. Counsel & Sec. (Age 40)
  • Mr. Daryl D. Bohls, Exec. VP (Age 68)

Who are Allegiance Bancshares' major shareholders?

Allegiance Bancshares' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Carlton Hofferkamp & Jenks Wealth Management LLC (0.80%), Callahan Advisors LLC (0.80%), Teton Advisors Inc. (0.32%), Segment Wealth Management LLC (0.32%), Rhumbline Advisers (0.13%) and First Trust Advisors LP (0.06%). Company insiders that own Allegiance Bancshares stock include Daryl D Bohls, David B Moulton, Frances H Jeter, Fred S Robertson, George Martinez, Louis A Jr Waters, Paul Michael Mann, Paul P Egge, Ramon A Vitulli III, Roland L Williams, Shanna R Kuzdzal, Steven F Retzloff, Thomas A Reiser, Umesh Jain, Villarreal Luis Rene Garza and William S Nichols III. View Institutional Ownership Trends for Allegiance Bancshares.

Which major investors are selling Allegiance Bancshares stock?

ABTX stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Teton Advisors Inc., Carlton Hofferkamp & Jenks Wealth Management LLC and Callahan Advisors LLC. Company insiders that have sold Allegiance Bancshares company stock in the last year include David B Moulton, George Martinez, Louis A Jr Waters, Roland L Williams, Umesh Jain and William S Nichols III. View Insider Buying and Selling for Allegiance Bancshares.

Which major investors are buying Allegiance Bancshares stock?

ABTX stock was purchased by a variety of institutional investors in the last quarter, including Segment Wealth Management LLC, California Public Employees Retirement System, Academy Capital Management Inc. TX, Russell Investments Group Ltd. and Rhumbline Advisers. Company insiders that have bought Allegiance Bancshares stock in the last two years include Frances H Jeter, Fred S Robertson, Paul P Egge, Shanna R Kuzdzal, Steven F Retzloff and Villarreal Luis Rene Garza. View Insider Buying and Selling for Allegiance Bancshares.

How do I buy shares of Allegiance Bancshares?

Shares of ABTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Allegiance Bancshares' stock price today?

One share of ABTX stock can currently be purchased for approximately $34.65.

How big of a company is Allegiance Bancshares?

Allegiance Bancshares has a market capitalization of $721.07 million and generates $165.94 million in revenue each year. The bank earns $37.31 million in net income (profit) each year or $2.52 on an earnings per share basis. Allegiance Bancshares employs 569 workers across the globe.View Additional Information About Allegiance Bancshares.

What is Allegiance Bancshares' official website?

The official website for Allegiance Bancshares is http://www.allegiancebank.com/.

How can I contact Allegiance Bancshares?

Allegiance Bancshares' mailing address is 8847 West Sam Houston Parkway N. Suite 200, HOUSTON TX, 77040. The bank can be reached via phone at 281-894-3200.


MarketBeat Community Rating for Allegiance Bancshares (NASDAQ ABTX)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  282 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about Allegiance Bancshares and other stocks. Vote "Outperform" if you believe ABTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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