NASDAQ:CBTX CBTX Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CBTX Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.00 -0.78 (-4.94 %) (As of 09/21/2020 12:00 AM ET) Add Compare Share Today's Range$14.80Now: $15.00▼$15.9750-Day Range$15.19MA: $16.33▼$17.9352-Week Range$12.50Now: $15.00▼$31.73Volume83,022 shsAverage Volume66,548 shsMarket Capitalization$374.27 millionP/E Ratio10.64Dividend Yield2.53%Beta1.06 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCBTX has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.00, CBTX has a forecasted upside of 46.7% from its current price of $15.00.Amount of Analyst CoverageCBTX has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesCBTX has received 149 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCBTX has received 198 “underperform” votes. (Add your “underperform” vote.)Community SentimentCBTX has received 57.06% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldCBTX pays a meaningful dividend of 2.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCBTX has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of CBTX is 19.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CBTX will have a dividend payout ratio of 35.71% next year. This indicates that CBTX will be able to sustain or increase its dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CBTX insiders have bought more of their company's stock than they have sold. Specifically, they have bought $116,780.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 30.07% of the stock of CBTX is held by insiders.Percentage Held by InstitutionsOnly 30.55% of the stock of CBTX is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for CBTX are expected to grow by 30.23% in the coming year, from $0.86 to $1.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CBTX is 10.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.45.Price to Earnings Ratio vs. SectorThe P/E ratio of CBTX is 10.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.02.Price to Book Value per Share RatioCBTX has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CBTX Previous Symbol CUSIPN/A CIK1473844 Webwww.communitybankoftx.com Phone713-210-7600Debt Debt-to-Equity Ratio0.09 Current Ratio1.04 Quick Ratio1.04Price-To-Earnings Trailing P/E Ratio10.64 Forward P/E Ratio17.44 P/E GrowthN/A Sales & Book Value Annual Sales$172.02 million Price / Sales2.18 Cash Flow$2.09 per share Price / Cash Flow7.18 Book Value$20.59 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)$2.02 Net Income$50.52 million Net Margins21.67% Return on Equity6.63% Return on Assets1.00%Miscellaneous Employees495 Outstanding Shares24,951,000Market Cap$374.27 million Next Earnings Date10/22/2020 (Estimated) OptionableNot Optionable $15.00 -0.78 (-4.94 %) (As of 09/21/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 How has CBTX's stock been impacted by Coronavirus? CBTX's stock was trading at $19.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CBTX shares have decreased by 22.3% and is now trading at $15.00. 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) released its quarterly earnings data on Wednesday, July, 29th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.12. The business had revenue of $35.07 million for the quarter, compared to analyst estimates of $36.50 million. CBTX had a net margin of 21.67% and a return on equity of 6.63%. View CBTX's earnings history. How often does CBTX pay dividends? What is the dividend yield for CBTX? CBTX declared 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 annualized dividend and a dividend yield of 2.67%. The ex-dividend date is Wednesday, September 30th. View CBTX's dividend history. What price target have analysts set for CBTX? 2 Wall Street analysts have issued twelve-month target prices for CBTX's stock. 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 46.7% 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 daily trading volume, of 63,600 shares, the days-to-cover ratio is presently 2.6 days. Approximately 0.9% of the shares of the stock are sold short. View CBTX's Short Interest. Who are some of CBTX's key competitors? Some companies that are related to CBTX include Fulton Financial (FULT), Westamerica Bancorporation (WABC), WesBanco (WSBC), BancFirst (BANF), Trustmark (TRMK), WSFS Financial (WSFS), First Midwest Bancorp (FMBI), First Merchants (FRME), Northwest Bancshares (NWBI), NBT Bancorp (NBTB), First Financial Bancorp (FFBC), Sandy Spring Bancorp (SASR), Cadence Bancorp (CADE), Hope Bancorp (HOPE) and City (CHCO). View all 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 a price of $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 number of retail and institutional investors. Top institutional investors 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 $15.00. How big of a company is CBTX? CBTX has a market capitalization of $374.27 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 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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