NASDAQ:CBTXCBTX Stock Price, Forecast & News

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 increased by 0.5% and is now trading at $19.40. 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 23rd 2020. View our earnings forecast for CBTX.

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

CBTX announced a quarterly dividend on Friday, June 19th. Stockholders 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 yield of 2.06%. The ex-dividend date of this dividend is Tuesday, June 30th. View CBTX's dividend history.

1 Wall Street analysts have issued twelve-month price objectives for CBTX's shares. Their forecasts range from $31.00 to $31.00. On average, they anticipate CBTX's share price to reach $31.00 in the next year. This suggests a possible upside of 59.8% from the stock's current price. View analysts' price targets for CBTX.

Media headlines about CBTX stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CBTX earned a news impact score of -2.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View the latest news about CBTX.

CBTX saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 82,700 shares, a decrease of 14.4% from the May 31st total of 96,600 shares. Based on an average trading volume of 85,600 shares, the short-interest ratio is currently 1.0 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 CIT Group (CIT), Simmons First National (SFNC), Fulton Financial (FULT), Westamerica Bancorporation (WABC), Trustmark (TRMK), First Midwest Bancorp (FMBI), First Merchants (FRME), WSFS Financial (WSFS), WesBanco (WSBC), First Financial Bancorp (FFBC), NBT Bancorp (NBTB), BancFirst (BANF), Northwest Bancshares (NWBI), Sandy Spring Bancorp (SASR) and Hope Bancorp (HOPE). 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 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.

CBTX trades on the NASDAQ under the ticker symbol "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 $19.40.

CBTX has a market capitalization of $484.03 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]