NASDAQ:ABTX - Allegiance Bancshares Stock Price, Forecast & News

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

Allegiance Bancshares announced a -- dividend on Thursday, January 30th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.10 per share on Monday, March 16th. The ex-dividend date of this dividend is Thursday, February 27th. View Allegiance Bancshares' Dividend History.

Allegiance Bancshares Inc (NASDAQ:ABTX) posted its quarterly earnings data on Wednesday, January, 29th. The bank reported $0.67 EPS for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.06. The bank earned $47.93 million during the quarter, compared to analysts' expectations of $46.60 million. Allegiance Bancshares had a return on equity of 7.66% and a net margin of 21.50%. View Allegiance Bancshares' Earnings History.

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

3 equities research analysts have issued 1 year price targets for Allegiance Bancshares' stock. Their forecasts range from $36.00 to $38.26. On average, they expect Allegiance Bancshares' stock price to reach $37.42 in the next year. This suggests that the stock has a possible downside of 0.3%. View Analyst Price Targets 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.

Press coverage about ABTX stock has been trending very negative on Wednesday, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Allegiance Bancshares earned a daily sentiment score of -3.7 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Allegiance Bancshares.

Allegiance Bancshares saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,450,000 shares, a decrease of 11.0% from the January 15th total of 1,630,000 shares. Based on an average daily trading volume, of 152,900 shares, the days-to-cover ratio is presently 9.5 days. Currently, 7.6% of the company's shares are sold short. View Allegiance Bancshares' Current Options Chain.

Some companies that are related to Allegiance Bancshares include Bancorpsouth Bank (BXS), CVB Financial (CVBF), Cathay General Bancorp (CATY), Texas Capital Bancshares (TCBI), Ameris Bancorp (ABCB), Columbia Banking System (COLB), International Bancshares (IBOC), South State (SSB), Independent Bank (INDB), First Interstate Bancsystem (FIBK), Independent Bank Group (IBTX), United Community Banks (UCBI), ServisFirst Bancshares (SFBS), Hilltop (HTH) and TowneBank (TOWN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Allegiance Bancshares investors own include Adobe (ADBE), Methanex (MEOH), Arthur J Gallagher & Co (AJG), Consolidated Edison (ED), Enbridge (ENB), Energy Transfer LP Unit (ET), General Mills (GIS), HCA Healthcare (HCA), ONEOK (OKE) and Exxon Mobil (XOM).

Allegiance Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.44%), Bank of New York Mellon Corp (1.12%), Royce & Associates LP (1.05%), Carlton Hofferkamp & Jenks Wealth Management LLC (0.79%), Principal Financial Group Inc. (0.78%) and Callahan Advisors LLC (0.75%). 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, Roland L Williams, Shanna R Kuzdzal, Steven F Retzloff, Umesh Jain and William S Nichols III. View Institutional Ownership Trends for Allegiance Bancshares.

ABTX stock was sold by a variety of institutional investors in the last quarter, including Mercer Global Advisors Inc. ADV, PNC Financial Services Group Inc., EJF Capital LLC, Royce & Associates LP, Callahan Advisors LLC, Bank of America Corp DE, UBS Group AG and Goldman Sachs Group Inc.. Company insiders that have sold Allegiance Bancshares company stock in the last year include David B Moulton, Louis A Jr Waters, Roland L Williams, Umesh Jain and William S Nichols III. View Insider Buying and Selling for Allegiance Bancshares.

ABTX stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, Barclays PLC, Public Sector Pension Investment Board, Rhumbline Advisers, Prudential Financial Inc. and Great West Life Assurance Co. Can. 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 and Steven F Retzloff. View Insider Buying and Selling for 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.

One share of ABTX stock can currently be purchased for approximately $37.54.

Allegiance Bancshares has a market capitalization of $770.70 million and generates $246.33 million in revenue each year. The bank earns $52.96 million in net income (profit) each year or $2.57 on an earnings per share basis. Allegiance Bancshares employs 569 workers across the globe.View Additional Information About Allegiance Bancshares.

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

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.