NASDAQ:ABTX

Allegiance Bancshares Stock Forecast, Price & News

$35.06
-0.65 (-1.82 %)
(As of 09/21/2021 12:00 AM ET)
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Today's Range
$35.04
$36.09
50-Day Range
$34.57
$38.26
52-Week Range
$21.44
$43.34
Volume64,767 shs
Average Volume63,238 shs
Market Capitalization$708.74 million
P/E Ratio9.82
Dividend Yield1.34%
Beta1.09
30 days | 90 days | 365 days | Advanced Chart
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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.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.96 out of 5 stars

Finance Sector

685th out of 1,332 stocks

State Commercial Banks Industry

156th out of 232 stocks

Analyst Opinion: 1.0Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
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Allegiance Bancshares (NASDAQ:ABTX) Frequently Asked Questions

Is Allegiance Bancshares a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allegiance Bancshares in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Allegiance Bancshares stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABTX, but not buy additional shares or sell existing shares.
View analyst ratings for Allegiance Bancshares
or view top-rated stocks.

What stocks does MarketBeat like better than Allegiance Bancshares?

Wall Street analysts have given Allegiance Bancshares a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Allegiance Bancshares wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Allegiance Bancshares' next earnings date?

Allegiance Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Allegiance Bancshares
.

How were Allegiance Bancshares' earnings last quarter?

Allegiance Bancshares, Inc. (NASDAQ:ABTX) released its quarterly earnings data on Wednesday, July, 28th. The bank reported $1.12 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.22. The bank had revenue of $58.87 million for the quarter, compared to analysts' expectations of $58.77 million. Allegiance Bancshares had a net margin of 28.38% and a trailing twelve-month return on equity of 9.54%.
View Allegiance Bancshares' earnings history
.

How has Allegiance Bancshares' stock price been impacted by COVID-19 (Coronavirus)?

Allegiance Bancshares' stock was trading at $26.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ABTX shares have increased by 33.3% and is now trading at $35.06.
View which stocks have been most impacted by COVID-19
.

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

Allegiance Bancshares declared a quarterly dividend on Friday, July 23rd. Investors of record on Tuesday, August 31st will be paid a dividend of $0.12 per share on Wednesday, September 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Monday, August 30th.
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 1.34%. Allegiance Bancshares does not yet have a strong track record of dividend growth. The dividend payout ratio of Allegiance Bancshares is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Allegiance Bancshares will have a dividend payout ratio of 15.95% next year. This indicates that Allegiance Bancshares will be able to sustain or increase its dividend.
View Allegiance Bancshares' dividend history.

What price target have analysts set for ABTX?

2 brokerages have issued 12 month price targets for Allegiance Bancshares' shares. Their forecasts range from $26.00 to $26.00. On average, they expect Allegiance Bancshares' stock price to reach $26.00 in the next twelve months. This suggests that the stock has a possible downside of 25.8%.
View analysts' price targets for Allegiance Bancshares
or view top-rated stocks among Wall Street analysts.

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.

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 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.63%), Vanguard Group Inc. (6.00%), Dimensional Fund Advisors LP (4.56%), State Street Corp (3.87%), Geode Capital Management LLC (1.65%) and Northern Trust Corp (1.17%). 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 major investors are selling Allegiance Bancshares stock?

ABTX stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, JPMorgan Chase & Co., BlackRock Inc., Citadel Advisors LLC, California Public Employees Retirement System, Bank of America Corp DE, Royal Bank of Canada, and Legal & General Group Plc.
View insider buying and selling activity for Allegiance Bancshares
or view top insider-selling stocks.

Which major investors are buying Allegiance Bancshares stock?

ABTX stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Steward Partners Investment Advisory LLC, Forest Hill Capital LLC, Invesco Ltd., Goldman Sachs Group Inc., AQR Capital Management LLC, State Street Corp, and Amalgamated Bank.
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 $35.06.

How much money does Allegiance Bancshares make?

Allegiance Bancshares has a market capitalization of $708.74 million and generates $249.92 million in revenue each year. The bank earns $45.53 million in net income (profit) each year or $2.22 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 or via email at [email protected].


This page was last updated on 9/22/2021 by MarketBeat.com Staff
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