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CBTX Stock Forecast, Price & News

-0.45 (-2.77 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $15.78
50-Day Range
MA: $16.34
52-Week Range
Now: $15.78
Volume212,992 shs
Average Volume66,458 shs
Market Capitalization$393.73 million
P/E Ratio11.19
Dividend Yield2.46%
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. It also provides treasury and online banking services. CBTX, Inc. operates 35 banking locations, including 19 branches in Houston; 15 branches in Beaumont; and 1 branch in Dallas. The company was formerly known as CBFH, Inc. and changed its name to CBTX, Inc. in September 2017. CBTX, Inc. was founded in 2007 and is based in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 3.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.80 out of 5 stars

Industry, Sector and Symbol

Industry National commercial banks
Current SymbolNASDAQ:CBTX



Sales & Book Value

Annual Sales$172.02 million
Cash Flow$2.12 per share
Book Value$20.59 per share


Net Income$50.52 million


Market Cap$393.73 million
Next Earnings Date10/22/2020 (Estimated)
OptionableNot Optionable
-0.45 (-2.77 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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CBTX (NASDAQ:CBTX) Frequently Asked Questions

How has CBTX's stock price been impacted by COVID-19?

CBTX's stock was trading at $19.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CBTX stock has decreased by 18.3% and is now trading at $15.78.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of CBTX?

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

When is CBTX's next earnings date?

CBTX is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for CBTX

How were CBTX's earnings last quarter?

CBTX Inc (NASDAQ:CBTX) announced its earnings results on Wednesday, July, 29th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.12. The company had revenue of $35.07 million for the quarter, compared to analysts' expectations of $36.50 million. CBTX had a return on equity of 6.63% and a net margin of 21.67%.
View CBTX's earnings history

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

CBTX announced a quarterly dividend on Wednesday, September 16th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.10 per share on Thursday, October 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Wednesday, September 30th.
View CBTX's dividend history

What price target have analysts set for CBTX?

2 brokerages have issued 12 month price targets for CBTX's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate CBTX's share price to reach $22.00 in the next year. This suggests a possible upside of 39.4% from the stock's current price.
View analysts' price targets for CBTX

Are investors shorting CBTX?

CBTX saw a increase in short interest in August. As of August 14th, there was short interest totaling 163,600 shares, an increase of 15.3% from the July 30th total of 141,900 shares. Based on an average trading volume of 63,600 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.9% of the company's shares are sold short.
View CBTX's Short Interest

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 RWY/S (WJRYY), AbbVie (ABBV), Laredo Petroleum (LPI), Contango Oil & Gas (MCF), Spirit AeroSystems (SPR), Square (SQ) and Enterprise Products Partners (EPD).

Who are CBTX's key executives?

CBTX's management team includes the following 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.

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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.92%), Wasatch Advisors Inc. (1.21%), Bank of New York Mellon Corp (0.53%), Charles Schwab Investment Management Inc. (0.47%), Jacobs Levy Equity Management Inc. (0.41%) and WINTON GROUP Ltd (0.39%).
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 Bank of New York Mellon Corp, Goldman Sachs Group Inc., Callahan Advisors LLC, UBS Group AG, and First Trust Advisors LP.
View insider buying and selling activity for CBTX

Which institutional investors are buying CBTX stock?

CBTX stock was bought by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Jacobs Levy Equity Management Inc., Vanguard Group Inc., Dupont Capital Management Corp, California Public Employees Retirement System, Engineers Gate Manager LP, Wasatch Advisors Inc., and Bank of America Corp DE.
View insider buying and selling activity 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 $15.78.

How big of a company is CBTX?

CBTX has a market capitalization of $393.73 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.

What is CBTX's official website?

The official website for CBTX is 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]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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