NASDAQ:CBTX

CBTX Stock Forecast, Price & News

$28.47
-0.34 (-1.18 %)
(As of 06/14/2021 10:30 AM ET)
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Today's Range
$28.47
$28.72
50-Day Range
$28.18
$32.97
52-Week Range
$13.82
$33.29
Volume11 shs
Average Volume50,368 shs
Market Capitalization$700.19 million
P/E Ratio24.33
Dividend Yield1.80%
Beta1.03
30 days | 90 days | 365 days | Advanced Chart
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CBTX logo

About CBTX

CBTX, Inc. operates as the bank holding company for CommunityBank of Texas, National Association that provides commercial banking products and services to small and mid-sized businesses, and professionals in the United States. It offers various deposit products, including demand, savings, money market, and time deposits; and loans, such as commercial and industrial loans, commercial real estate loans, construction and development loans, 1-4 family residential mortgage loans, multi-family residential loans, consumer loans, agricultural loans, and treasury services, as well as online banking services. CBTX, Inc. operates through 35 banking locations, including 19 branches in Houston; 15 branches in Beaumont; and one branch in Dallas. The company was formerly known as CBFH, Inc. and changed its name to CBTX, Inc. in September 2017. CBTX, Inc. was incorporated in 2007 and is based in Houston, Texas.

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MarketRank

Overall MarketRank

1.29 out of 5 stars

Finance Sector

749th out of 1,979 stocks

National Commercial Banks Industry

81st out of 167 stocks

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
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CBTX (NASDAQ:CBTX) Frequently Asked Questions

Is CBTX a buy right now?

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

What stocks does MarketBeat like better than CBTX?

Wall Street analysts have given CBTX 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 CBTX wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is CBTX's next earnings date?

CBTX is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for CBTX
.

How were CBTX's earnings last quarter?

CBTX, Inc. (NASDAQ:CBTX) posted its quarterly earnings data on Tuesday, April, 27th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.06. The firm had revenue of $36.20 million for the quarter, compared to analyst estimates of $35 million. CBTX had a net margin of 19.14% and a trailing twelve-month return on equity of 5.32%.
View CBTX's earnings history
.

How has CBTX's stock been impacted by Coronavirus (COVID-19)?

CBTX's stock was trading at $19.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CBTX stock has increased by 47.4% and is now trading at $28.47.
View which stocks have been most impacted by COVID-19
.

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

CBTX announced a quarterly dividend on Wednesday, March 17th. Shareholders of record on Thursday, April 1st will be given a dividend of $0.13 per share on Thursday, April 15th. This represents a $0.52 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend is Wednesday, March 31st. This is a positive change from CBTX's previous quarterly dividend of $0.10.
View CBTX's dividend history
.

Is CBTX a good dividend stock?

CBTX pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.80%. CBTX does not yet have a strong track record of dividend growth. The dividend payout ratio of CBTX is 49.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBTX will have a dividend payout ratio of 33.33% next year. This indicates that CBTX will be able to sustain or increase its dividend.
View CBTX's dividend history.

What price target have analysts set for CBTX?

2 equities research analysts have issued 1-year price objectives for CBTX's shares. Their forecasts range from $27.00 to $29.00. On average, they anticipate CBTX's share price to reach $28.00 in the next twelve months. This suggests that the stock has a possible downside of 1.7%.
View analysts' price targets for CBTX
or view top-rated stocks among Wall Street analysts.

Who are CBTX's key executives?

CBTX's management team includes the following people:
  • Mr. Robert R. Franklin Jr., Chairman, Pres & CEO (Age 66, Pay $1.4M)
  • Mr. Robert T. Pigott Jr., CPA, Sr. EVP, CFO & Advisory Director (Age 66, Pay $501.31k)
  • Mr. James L. Sturgeon, Investor Relations Officer (Age 70)
  • Mr. Justin M. Long, Sr. EVP, Corp. Sec. & Gen. Counsel (Age 45)
  • Mr. Travis L. Jaggers, Pres of CommunityBank of Texas N.A. (Age 72)

Who are some of CBTX's key competitors?

What other stocks do shareholders of CBTX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CBTX investors own include Wells Fargo & Company (WFC), Tapestry (TPR), Tesla (TSLA), West Japan Railway (WJRYY), Laredo Petroleum (LPI), Contango Oil & Gas (MCF), Spirit AeroSystems (SPR), Square (SQ), AbbVie (ABBV) and Enterprise Products Partners (EPD).

When did CBTX IPO?

(CBTX) raised $60 million in an IPO on Wednesday, November 8th 2017. The company issued 2,400,000 shares at $24.00-$26.00 per share. Stephens and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.

What is CBTX's stock symbol?

CBTX trades on the NASDAQ under the ticker symbol "CBTX."

Who are CBTX's major shareholders?

CBTX's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.64%), King Luther Capital Management Corp (5.00%), Geode Capital Management LLC (1.24%), Dimensional Fund Advisors LP (1.22%), Alliancebernstein L.P. (0.87%) and Northern Trust Corp (0.78%).
View institutional ownership trends for CBTX
.

Which major investors are selling CBTX stock?

CBTX stock was sold by a variety of institutional investors in the last quarter, including Clarus Group Inc., EJF Capital LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, Northern Trust Corp, Arrowstreet Capital Limited Partnership, Morgan Stanley, and Barclays PLC.
View insider buying and selling activity for CBTX
or view top insider-selling stocks.

Which major investors are buying CBTX stock?

CBTX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Price T Rowe Associates Inc. MD, Goldman Sachs Group Inc., Geode Capital Management LLC, Icon Wealth Partners LLC, Dimensional Fund Advisors LP, Cornerstone Investment Partners LLC, and UBS Group AG.
View insider buying and selling activity for CBTX
or or view top insider-buying stocks.

How do I buy shares of CBTX?

Shares of CBTX 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 CBTX's stock price today?

One share of CBTX stock can currently be purchased for approximately $28.47.

How much money does CBTX make?

CBTX has a market capitalization of $700.19 million and generates $153.47 million in revenue each year. The company earns $26.36 million in net income (profit) each year or $1.06 on an earnings per share basis.

How many employees does CBTX have?

CBTX employs 511 workers across the globe.

What is CBTX's official website?

The official website for CBTX is www.communitybankoftx.com.

Where are CBTX's headquarters?

CBTX is headquartered at 9 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046.

How can I contact CBTX?

CBTX's mailing address is 9 GREENWAY PLAZA SUITE 110, HOUSTON TX, 77046. The company can be reached via phone at 713-210-7600 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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