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

$37.54
-0.90 (-2.34 %)
(As of 02/19/2020 08:39 AM ET)
Today's Range
$37.37
Now: $37.54
$38.37
50-Day Range
$36.48
MA: $37.58
$38.72
52-Week Range
$30.40
Now: $37.54
$38.95
Volume67,832 shs
Average Volume109,757 shs
Market Capitalization$770.70 million
P/E Ratio15.14
Dividend YieldN/A
Beta1.42
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$246.33 million
Cash Flow$2.77 per share
Book Value$34.57 per share

Profitability

Net Income$52.96 million

Miscellaneous

Employees569
Market Cap$770.70 million
Next Earnings Date4/24/2020 (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 often does Allegiance Bancshares pay dividends? What is the dividend yield for Allegiance Bancshares?

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.

How were Allegiance Bancshares' earnings last quarter?

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.

When is Allegiance Bancshares' next earnings date?

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

What price target have analysts set for ABTX?

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.

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. " (1/6/2020)
  • 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 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.

Are investors shorting 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.

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), 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).

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 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.

Which major investors are selling Allegiance Bancshares stock?

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.

Which major investors are buying Allegiance Bancshares stock?

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.

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 $37.54.

How big of a company is Allegiance Bancshares?

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.

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:  1.9 out of 5 (star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  490
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 2/19/2020 by MarketBeat.com Staff

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