NASDAQ:CBTXCBTX Stock Price, Forecast & News

CBTX's stock was trading at $19.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CBTX shares have decreased by 7.3% and is now trading at $17.91. View which stocks have been most impacted by Coronavirus.

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

CBTX is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for CBTX.

CBTX will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

CBTX Inc (NASDAQ:CBTX) issued its quarterly earnings results on Thursday, April, 30th. The company reported $0.30 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.02. The business had revenue of $36.55 million for the quarter, compared to the consensus estimate of $37.15 million. CBTX had a return on equity of 9.01% and a net margin of 27.64%. View CBTX's earnings history.

CBTX declared a quarterly dividend on Friday, June 19th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.10 per share on Wednesday, July 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Tuesday, June 30th. View CBTX's dividend history.

1 Wall Street analysts have issued 12-month price objectives for CBTX's shares. Their forecasts range from $31.00 to $31.00. On average, they expect CBTX's share price to reach $31.00 in the next year. This suggests a possible upside of 73.1% from the stock's current price. View analysts' price targets for CBTX.

Press coverage about CBTX stock has been trending positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CBTX earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news about CBTX.

CBTX saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 90,300 shares, an increase of 9.2% from the June 15th total of 82,700 shares. Based on an average daily trading volume, of 75,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.5% of the shares of the stock are short sold. View CBTX's Current Options Chain.

Some companies that are related to CBTX include Fulton Financial (FULT), Westamerica Bancorporation (WABC), First Midwest Bancorp (FMBI), Trustmark (TRMK), First Merchants (FRME), WSFS Financial (WSFS), WesBanco (WSBC), First Financial Bancorp (FFBC), NBT Bancorp (NBTB), Northwest Bancshares (NWBI), BancFirst (BANF), Sandy Spring Bancorp (SASR), Hope Bancorp (HOPE), Cadence Bancorp (CADE) and City (CHCO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CBTX investors own include Wells Fargo & Co (WFC), WEST JAPAN RWY/S (WJRYY), Laredo Petroleum (LPI), Contango Oil & Gas (MCF), Spirit AeroSystems (SPR), Tapestry (TPR), Tesla (TSLA), FAT Brands (FAT), GlaxoSmithKline (GSK) and Autodesk (ADSK).

(CBTX) raised $60 million in an initial public offering 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.

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

CBTX's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.20%). View institutional ownership trends for CBTX.

CBTX stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. View insider buying and selling activity for 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.

One share of CBTX stock can currently be purchased for approximately $17.91.

CBTX has a market capitalization of $446.85 million and generates $172.02 million in revenue each year. The company earns $50.52 million in net income (profit) each year or $2.02 on an earnings per share basis. CBTX employs 495 workers across the globe.

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

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]