Log in

CBTX Stock Price, Forecast & Analysis (NASDAQ:CBTX)

$29.62
+0.08 (+0.27 %)
(As of 11/15/2019 03:18 AM ET)
Today's Range
$29.30
Now: $29.62
$29.68
50-Day Range
$27.31
MA: $28.60
$29.70
52-Week Range
$25.92
Now: $29.62
$35.55
Volume33,300 shs
Average Volume35,830 shs
Market Capitalization$770.59 million
P/E Ratio15.67
Dividend Yield1.35%
Beta1.1
CBTX, Inc operates as the bank holding company for CommunityBank of Texas, National Association that provides commercial banking solutions to small and mid-sized businesses, and professionals in the United States. The company offers various deposit products, including demand, savings, money market, and time accounts; 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, and agricultural loans. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CBTX
CUSIPN/A
Phone713-210-7600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$137.51 million
Cash Flow$2.04 per share
Book Value$20.19 per share

Profitability

Net Income$47.29 million

Miscellaneous

Employees495
Market Cap$770.59 million
Next Earnings Date1/29/2020 (Estimated)
OptionableNot Optionable

Receive CBTX News and Ratings via Email

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


CBTX (NASDAQ:CBTX) Frequently Asked Questions

What is CBTX's stock symbol?

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

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

CBTX announced a quarterly dividend on Wednesday, September 18th. Shareholders of record on Tuesday, October 1st will be given a dividend of $0.10 per share on Tuesday, October 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date is Monday, September 30th. View CBTX's Dividend History.

How were CBTX's earnings last quarter?

CBTX Inc (NASDAQ:CBTX) released its earnings results on Thursday, October, 24th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.03. The firm earned $38.69 million during the quarter. CBTX had a net margin of 30.50% and a return on equity of 10.27%. View CBTX's Earnings History.

When is CBTX's next earnings date?

CBTX is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for CBTX.

What price target have analysts set for CBTX?

1 Wall Street analysts have issued 12 month target prices for CBTX's shares. Their forecasts range from $31.00 to $31.00. On average, they expect CBTX's stock price to reach $31.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for CBTX.

What is the consensus analysts' recommendation for CBTX?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CBTX in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CBTX.

What are Wall Street analysts saying about CBTX stock?

Here are some recent quotes from research analysts about CBTX stock:
  • 1. According to Zacks Investment Research, "CBTX, Inc. is a bank holding company. It provides personal and commercial banking, real estate loans, and investment services as well as offers deposits, debit and credit cards, cash management, treasury, and online banking services. CBTX, Inc. is based in TX, United States. " (11/7/2019)
  • 2. Stephens analysts commented, "We’re pleased to see CBTX announce a share repurchase authorization of $40 million that could potentially return a portion of the Bank’s excess capital to shareholders (current TCE of 13.0%). Our lowered EPS forecast assumes operating expenses remain elevated due to the ongoing FinCEN investigation through mid-2020, although we have very limited visibility on this timeline. Our $31 price target represents a 16x multiple on our 2020 EPS forecast of $1.91." (7/30/2019)

Has CBTX been receiving favorable news coverage?

News articles about CBTX stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CBTX earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for CBTX.

Are investors shorting CBTX?

CBTX saw a drop in short interest in October. As of October 31st, there was short interest totalling 76,900 shares, a drop of 17.2% from the September 30th total of 92,900 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is currently 2.4 days. Approximately 0.4% of the company's stock are short sold. View CBTX's Current Options Chain.

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 WEST JAPAN RWY/S (WJRYY), FAT Brands (FAT), Tesla (TSLA), Laredo Petroleum (LPI), Spirit AeroSystems (SPR), Wells Fargo & Co (WFC), Contango Oil & Gas (MCF), K&S (SDF), Autodesk (ADSK) and OncoSec Medical (ONCS).

Who are CBTX's key executives?

CBTX's management team includes the folowing people:
  • Mr. Robert R. Franklin Jr., Chairman, Pres & CEO (Age 64)
  • Mr. John Pat Parsons, Vice Chairman (Age 70)
  • Mr. Robert T. Pigott Jr., CPA, CFO & Advisory Director (Age 64)
  • Mr. James L. Sturgeon, Investor Relations Officer (Age 68)

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) served as the underwriters for the IPO and Sandler O'Neill + Partners, L.P. was co-manager.

Who are CBTX's major shareholders?

CBTX's stock is owned by a number of of retail and institutional investors. Top institutional investors include Callahan Advisors LLC (0.27%), Chicago Equity Partners LLC (0.15%), Russell Investments Group Ltd. (0.12%), Rhumbline Advisers (0.11%), First Trust Advisors LP (0.06%) and California Public Employees Retirement System (0.03%). View Institutional Ownership Trends for CBTX.

Which institutional investors are selling CBTX stock?

CBTX stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, First Trust Advisors LP and Callahan Advisors LLC. View Insider Buying and Selling for CBTX.

Which institutional investors are buying CBTX stock?

CBTX stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., California Public Employees Retirement System and Rhumbline Advisers. View Insider Buying and Selling for CBTX.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is CBTX's stock price today?

One share of CBTX stock can currently be purchased for approximately $29.62.

How big of a company is CBTX?

CBTX has a market capitalization of $770.59 million and generates $137.51 million in revenue each year. The company earns $47.29 million in net income (profit) each year or $1.89 on an earnings per share basis. CBTX employs 495 workers across the globe.View Additional Information About CBTX.

What is CBTX's official website?

The official website for CBTX is http://www.communitybankoftx.com/.

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]


MarketBeat Community Rating for CBTX (NASDAQ CBTX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  281
MarketBeat's community ratings are surveys of what our community members think about CBTX and other stocks. Vote "Outperform" if you believe CBTX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBTX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel