NASDAQ:CBTXCBTX Stock Price, Forecast & News

CBTX's stock was trading at $19.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CBTX stock has increased by 5.1% and is now trading at $20.29. 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) announced 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 Wednesday, March 18th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.10 per share on Wednesday, April 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date is Tuesday, March 31st. View CBTX's dividend history.

1 analysts have issued 1-year target prices 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 twelve months. This suggests a possible upside of 52.8% from the stock's current price. View analysts' price targets for CBTX.

Media coverage about CBTX stock has trended very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CBTX earned a news sentiment score of 3.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCBTX.

CBTX saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 69,200 shares, a decrease of 10.2% from the April 15th total of 77,100 shares. Based on an average daily volume of 73,600 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company's shares are sold short. View CBTX's Current Options Chain.

Some companies that are related to CBTX include Washington Federal (WAFD), Centerstate Bank (CSFL), Simmons First National (SFNC), Fulton Financial (FULT), CIT Group (CIT), Westamerica Bancorporation (WABC), First Merchants (FRME), Trustmark (TRMK), First Midwest Bancorp (FMBI), WesBanco (WSBC), WSFS Financial (WSFS), NBT Bancorp (NBTB), First Financial Bancorp (FFBC), Northwest Bancshares (NWBI) and BancFirst (BANF). 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) acted 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.10%), King Luther Capital Management Corp (4.92%), State Street Corp (1.64%), Wasatch Advisors Inc. (1.17%), Geode Capital Management LLC (1.06%) and Wellington Management Group LLP (0.99%). View institutional ownership trends for CBTX.

CBTX stock was sold by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, King Luther Capital Management Corp, Wasatch Advisors Inc., Two Sigma Investments LP, Morgan Stanley, Wells Fargo & Company MN, E&G Advisors LP, and UBS Group AG. View insider buying and selling activity for CBTX.

CBTX stock was acquired by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc., Wellington Management Group LLP, Wedge Capital Management L L P NC, BlackRock Inc., JPMorgan Chase & Co., Geode Capital Management LLC, Aperio Group LLC, and State Street Corp. 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 $20.29.

CBTX has a market capitalization of $506.22 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]