NASDAQ:CBTX - CBTX Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$27.53 +0.17 (+0.62 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$27.36
Today's Range$27.38 - $28.52
52-Week Range$26.11 - $38.71
Volume15,326 shs
Average Volume35,751 shs
Market Capitalization$715.75 million
P/E Ratio14.57
Dividend Yield1.46%
Beta0.93
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.

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.

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$1.9622 per share
Book Value$19.18 per share

Profitability

Net Income$47.29 million

Miscellaneous

Employees495
Market Cap$715.75 million
Next Earnings Date7/25/2019 (Estimated)
OptionableNot Optionable

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 Thursday, March 21st. Shareholders of record on Monday, April 1st will be given a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Friday, March 29th. This is a positive change from CBTX's previous quarterly dividend of $0.05. View CBTX's Dividend History.

How were CBTX's earnings last quarter?

CBTX Inc (NASDAQ:CBTX) released its earnings results on Tuesday, April, 30th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.04. The firm earned $36.82 million during the quarter. CBTX had a net margin of 31.19% and a return on equity of 10.14%. View CBTX's Earnings History.

When is CBTX's next earnings date?

CBTX is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for CBTX.

What price target have analysts set for CBTX?

2 brokerages have issued 1 year target prices for CBTX's shares. Their forecasts range from $35.00 to $35.00. On average, they anticipate CBTX's stock price to reach $35.00 in the next year. This suggests a possible upside of 27.1% from the stock's current price. View Analyst Price Targets for CBTX.

What is the consensus analysts' recommendation for CBTX?

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

Has CBTX been receiving favorable news coverage?

Media stories about CBTX stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. CBTX earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

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 Evergy (EVRG), FAT Brands (FAT), IQIYI (IQ), Nutanix (NTNX), Tesla (TSLA), Centurylink (CTL), Spirit AeroSystems (SPR), Square (SQ), Texas Pacific Land Trust (TPL) and Ternium (TX).

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 initial public offering (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.

Who are CBTX's major shareholders?

CBTX's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include King Luther Capital Management Corp (4.93%), BlackRock Inc. (4.29%), RMB Capital Management LLC (2.47%), Emerald Mutual Fund Advisers Trust (1.19%), Geode Capital Management LLC (0.91%) and Wasatch Advisors Inc. (0.88%). Company insiders that own CBTX stock include J Pat Parsons, Joe Sr Penland Sr, R T Pigott Jr, Tommy W Lott and Tracy Oneil. 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 Emerald Mutual Fund Advisers Trust, Banc Funds Co. LLC, BlackRock Inc., Morgan Stanley, AlphaOne Investment Services LLC, RMB Capital Management LLC, Raymond James Financial Services Advisors Inc. and Northern Trust Corp. View Insider Buying and Selling for CBTX.

Which institutional investors are buying CBTX stock?

CBTX stock was purchased by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Dimensional Fund Advisors LP, Callahan Advisors LLC, Parametric Portfolio Associates LLC, Jacobs Levy Equity Management Inc., Geode Capital Management LLC, Acadian Asset Management LLC and The Manufacturers Life Insurance Company . Company insiders that have bought CBTX stock in the last two years include J Pat Parsons, Joe Sr Penland Sr, R T Pigott Jr, Tommy W Lott and Tracy Oneil. 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, Scottrade, Fidelity and Charles Schwab.

What is CBTX's stock price today?

One share of CBTX stock can currently be purchased for approximately $27.53.

How big of a company is CBTX?

CBTX has a market capitalization of $715.75 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  213
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 5/25/2019 by MarketBeat.com Staff

Featured Article: Percentage Gainers

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