S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
NASDAQ:ABTX

Allegiance Bancshares Stock Forecast, Price & News

$41.04
+0.53 (+1.31%)
(As of 12/6/2021 12:00 AM ET)
Add
Compare
Today's Range
$40.96
$41.91
50-Day Range
$38.05
$45.33
52-Week Range
$32.45
$45.91
Volume
79,338 shs
Average Volume
64,427 shs
Market Capitalization
$830.94 million
P/E Ratio
11.06
Dividend Yield
1.18%
Beta
1
30 days | 90 days | 365 days | Advanced Chart
Receive ABTX News and Ratings via Email

Sign-up to receive the latest news and ratings for Allegiance Bancshares and its competitors with MarketBeat's FREE daily newsletter.


Allegiance Bancshares logo

About Allegiance Bancshares

Allegiance Bancshares, Inc. operates as a bank holding company. It engages in the provision of commercial banking services primarily to Houston metropolitan area-based small to medium-sized businesses and individual customers. The company was founded by George Martinez and Steven F. Retzloff in 2007 and is headquartered in Houston, TX.

Headlines

Allegiance Bancshares (NASDAQ:ABTX) Sees Strong Trading Volume
December 2, 2021 |  americanbankingnews.com
Allegiance Bancshares (NASDAQ:ABTX) Sets New 1-Year High at $45.06
November 22, 2021 |  americanbankingnews.com
Allegiance Bancshares (NASDAQ:ABTX) Reaches New 1-Year High at $43.68
November 16, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:ABTX
Employees
598
Year Founded
N/A

Sales & Book Value

Annual Sales
$249.92 million
Cash Flow
$2.64 per share
Book Value
$39.44 per share

Profitability

Net Income
$45.53 million
Pretax Margin
35.79%

Debt

Price-To-Earnings

Miscellaneous

Free Float
18,858,000
Market Cap
$830.94 million
Optionable
Not Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend
11/29/2021
Today
12/07/2021
Dividend Payable
12/15/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/27/2022

MarketRank

Overall MarketRank

1.64 out of 5 stars

Finance Sector

919th out of 1,335 stocks

State Commercial Banks Industry

195th out of 231 stocks

Analyst Opinion: 0.0Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -












Allegiance Bancshares (NASDAQ:ABTX) Frequently Asked Questions

How has Allegiance Bancshares' stock been impacted by Coronavirus?

Allegiance Bancshares' stock was trading at $26.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ABTX shares have increased by 56.0% and is now trading at $41.04.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Allegiance Bancshares?

Allegiance Bancshares saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 228,300 shares, a drop of 22.1% from the October 31st total of 293,000 shares. Based on an average daily trading volume, of 63,900 shares, the short-interest ratio is currently 3.6 days. Approximately 1.2% of the shares of the company are short sold.
View Allegiance Bancshares' Short Interest
.

When is Allegiance Bancshares' next earnings date?

Allegiance Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Allegiance Bancshares
.

How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares, Inc. (NASDAQ:ABTX) announced its quarterly earnings data on Wednesday, October, 27th. The bank reported $0.93 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.07. Allegiance Bancshares had a net margin of 29.13% and a trailing twelve-month return on equity of 9.78%. During the same quarter in the previous year, the business posted $0.79 EPS.
View Allegiance Bancshares' earnings history
.

How often does Allegiance Bancshares pay dividends? What is the dividend yield for Allegiance Bancshares?

Allegiance Bancshares declared a quarterly dividend on Wednesday, October 27th. Shareholders of record on Tuesday, November 30th will be paid a dividend of $0.12 per share on Wednesday, December 15th. This represents a $0.48 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend is Monday, November 29th.
View Allegiance Bancshares' dividend history
.

Is Allegiance Bancshares a good dividend stock?

Allegiance Bancshares pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.18%. Allegiance Bancshares has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Allegiance Bancshares is 12.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Allegiance Bancshares will have a dividend payout ratio of 21.82% next year. This indicates that Allegiance Bancshares will be able to sustain or increase its dividend.
View Allegiance Bancshares' dividend history.

Who are Allegiance Bancshares' key executives?

Allegiance Bancshares' management team includes the following people:
  • Steven F. Retzloff, Chief Executive Officer & Director
  • Ramon A. Vitulli, President & Director
  • Paul P. Egge, Chief Financial Officer & Executive Vice President
  • Daryl D. Bohls, Executive Vice President
  • Okan I. Akin, Chief Risk Officer & Executive VP

What is Ray Vitulli's approval rating as Allegiance Bancshares' CEO?

4 employees have rated Allegiance Bancshares CEO Ray Vitulli on Glassdoor.com. Ray Vitulli has an approval rating of 100% among Allegiance Bancshares' employees. This puts Ray Vitulli in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 AbbVie (ABBV), Adobe (ADBE), Arthur J. Gallagher & Co. (AJG), British American Tobacco (BTI), Consolidated Edison (ED), Enbridge (ENB), Energy Transfer (ET), Gilead Sciences (GILD), General Mills (GIS) and GlaxoSmithKline (GSK).

What is Allegiance Bancshares' stock symbol?

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

Who are Allegiance Bancshares' major shareholders?

Allegiance Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.61%), Dimensional Fund Advisors LP (4.51%), Geode Capital Management LLC (1.66%), Bank of New York Mellon Corp (1.02%), Wellington Management Group LLP (0.77%) and Morgan Stanley (0.62%). Company insiders that own Allegiance Bancshares stock include E Raimundo Riojas, Roland L Williams, Roland L Williams and Umesh Jain.
View institutional ownership trends for Allegiance Bancshares
.

Which institutional investors are selling Allegiance Bancshares stock?

ABTX stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Dimensional Fund Advisors LP, UBS Group AG, Citigroup Inc., Victory Capital Management Inc., Royal Bank of Canada, New York State Common Retirement Fund, and Goldman Sachs Group Inc..
View insider buying and selling activity for Allegiance Bancshares
or view top insider-selling stocks.

Which institutional investors are buying Allegiance Bancshares stock?

ABTX stock was bought by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Morgan Stanley, Cornercap Investment Counsel Inc., Inscription Capital LLC, Two Sigma Investments LP, Panagora Asset Management Inc., Janney Montgomery Scott LLC, and Two Sigma Advisers LP.
View insider buying and selling activity for Allegiance Bancshares
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Allegiance Bancshares' stock price today?

One share of ABTX stock can currently be purchased for approximately $41.04.

How much money does Allegiance Bancshares make?

Allegiance Bancshares has a market capitalization of $830.94 million and generates $249.92 million in revenue each year. The bank earns $45.53 million in net income (profit) each year or $3.71 on an earnings per share basis.

How many employees does Allegiance Bancshares have?

Allegiance Bancshares employs 598 workers across the globe.

What is Allegiance Bancshares' official website?

The official website for Allegiance Bancshares is www.allegiancebank.com.

Where are Allegiance Bancshares' headquarters?

Allegiance Bancshares is headquartered at 8847 West Sam Houston Parkway N. Suite 200, HOUSTON TX, 77040.

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, via email at [email protected], or via fax at 281-894-0019.


This page was last updated on 12/7/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.