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NASDAQ:STXBSpirit of Texas Bancshares Stock Price, Forecast & News

$13.55
+0.70 (+5.45 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$13.40
Now: $13.55
$14.21
50-Day Range
$9.24
MA: $10.95
$13.13
52-Week Range
$8.96
Now: $13.55
$23.48
Volume79,267 shs
Average Volume48,326 shs
Market Capitalization$238.62 million
P/E Ratio10.27
Dividend YieldN/A
Beta1.04
Spirit of Texas Bancshares, Inc. operates as the holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services to small and medium-sized businesses and individuals. It offers checking accounts, money market accounts, savings accounts, certificates of deposit, and IRA accounts. The company also provides commercial and industrial loans; 1-4 single family residential real estate loans; construction, land, and development loans; commercial real estate loans, such as owner-occupied commercial real estate loans, other commercial real estate loans, and multifamily loans and farmland; consumer loans and leases; and municipal and other loans. In addition, it offers debit and credit cards, safe deposit boxes, wire transfer and treasury management services, and online banking services; and invests in U.S. Treasury bills and notes, as well as in securities of federally sponsored agencies, such as Federal Home Loan Bank bonds. The company operates through a network of 23 full-service branches located in the Houston, Dallas/Fort Worth, and Bryan/College Station metropolitan areas, as well as North Central Texas. Spirit of Texas Bancshares, Inc. was founded in 2008 and is headquartered in Conroe, Texas.
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Spirit of Texas Bancshares logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.41 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:STXB
CUSIPN/A
Phone936-521-1836

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$109.83 million
Cash Flow$1.86 per share
Book Value$21.42 per share

Profitability

Net Income$21.14 million

Miscellaneous

Employees279
Market Cap$238.62 million
Next Earnings Date7/22/2020 (Estimated)
OptionableNot Optionable

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Spirit of Texas Bancshares (NASDAQ:STXB) Frequently Asked Questions

How has Spirit of Texas Bancshares' stock been impacted by COVID-19 (Coronavirus)?

Spirit of Texas Bancshares' stock was trading at $14.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, STXB stock has decreased by 4.0% and is now trading at $13.55. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Spirit of Texas Bancshares?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit of Texas Bancshares 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 Spirit of Texas Bancshares.

When is Spirit of Texas Bancshares' next earnings date?

Spirit of Texas Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Spirit of Texas Bancshares.

How were Spirit of Texas Bancshares' earnings last quarter?

Spirit of Texas Bancshares Inc (NASDAQ:STXB) released its quarterly earnings data on Wednesday, April, 29th. The company reported $0.26 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.26. The company earned $26.51 million during the quarter, compared to the consensus estimate of $26.15 million. Spirit of Texas Bancshares had a net margin of 17.92% and a return on equity of 7.07%. View Spirit of Texas Bancshares' earnings history.

What price target have analysts set for STXB?

2 analysts have issued 12-month price objectives for Spirit of Texas Bancshares' shares. Their forecasts range from $25.50 to $26.00. On average, they anticipate Spirit of Texas Bancshares' stock price to reach $25.75 in the next twelve months. This suggests a possible upside of 90.0% from the stock's current price. View analysts' price targets for Spirit of Texas Bancshares.

Has Spirit of Texas Bancshares been receiving favorable news coverage?

News headlines about STXB stock have been trending positive recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Spirit of Texas Bancshares earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutSpirit of Texas Bancshares.

Are investors shorting Spirit of Texas Bancshares?

Spirit of Texas Bancshares saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 152,600 shares, an increase of 9.6% from the April 30th total of 139,200 shares. Based on an average daily volume of 77,200 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.1% of the company's shares are sold short. View Spirit of Texas Bancshares' Current Options Chain.

Who are some of Spirit of Texas Bancshares' key competitors?

What other stocks do shareholders of Spirit of Texas Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirit of Texas Bancshares investors own include AbbVie (ABBV), Marathon Petroleum (MPC), Gilead Sciences (GILD), Pfizer (PFE), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN) and B&G Foods (BGS).

Who are Spirit of Texas Bancshares' key executives?

Spirit of Texas Bancshares' management team includes the following people:
  • Mr. Dean O. Bass, Chairman & CEO (Age 68)
  • Mr. David M. McGuire, Pres & Director (Age 55)
  • Mr. Jeffrey A. Powell, Exec. VP & CFO (Age 61)
  • Mr. Jerry D. Golemon, Exec. VP & COO (Age 63)

When did Spirit of Texas Bancshares IPO?

(STXB) raised $40 million in an IPO on Friday, May 4th 2018. The company issued 1,900,000 shares at $20.00-$22.00 per share. Stephens and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Piper Jaffray and Sandler O’Neill + Partners were co-managers.

What is Spirit of Texas Bancshares' stock symbol?

Spirit of Texas Bancshares trades on the NASDAQ under the ticker symbol "STXB."

Who are Spirit of Texas Bancshares' major shareholders?

Spirit of Texas Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.55%), Mendon Capital Advisors Corp (3.83%), Banc Funds Co. LLC (3.68%), RMB Capital Management LLC (3.06%), Thrivent Financial for Lutherans (1.63%) and State Street Corp (1.41%). Company insiders that own Spirit of Texas Bancshares stock include Akash J Patel, David M Mcguire, Dean O Bass, Leo T Metcalf III, Nelda Luce Blair, Robert S Beall, Steven M Morris and Thomas C Sooy. View institutional ownership trends for Spirit of Texas Bancshares.

Which institutional investors are selling Spirit of Texas Bancshares stock?

STXB stock was sold by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Sunbelt Securities Inc., Martingale Asset Management L P, Morgan Stanley, UBS Group AG, Bessemer Group Inc., First Trust Advisors LP, and Cambridge Investment Research Advisors Inc.. Company insiders that have sold Spirit of Texas Bancshares company stock in the last year include David M Mcguire, and Dean O Bass. View insider buying and selling activity for Spirit of Texas Bancshares.

Which institutional investors are buying Spirit of Texas Bancshares stock?

STXB stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Banc Funds Co. LLC, Mendon Capital Advisors Corp, Geode Capital Management LLC, Cullen Capital Management LLC, Two Sigma Advisers LP, Wells Fargo & Company MN, and Invesco Ltd.. Company insiders that have bought Spirit of Texas Bancshares stock in the last two years include Akash J Patel, Leo T Metcalf III, Nelda Luce Blair, Robert S Beall, Steven M Morris, and Thomas C Sooy. View insider buying and selling activity for Spirit of Texas Bancshares.

How do I buy shares of Spirit of Texas Bancshares?

Shares of STXB 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 Spirit of Texas Bancshares' stock price today?

One share of STXB stock can currently be purchased for approximately $13.55.

How big of a company is Spirit of Texas Bancshares?

Spirit of Texas Bancshares has a market capitalization of $238.62 million and generates $109.83 million in revenue each year. The company earns $21.14 million in net income (profit) each year or $1.40 on an earnings per share basis. Spirit of Texas Bancshares employs 279 workers across the globe.

What is Spirit of Texas Bancshares' official website?

The official website for Spirit of Texas Bancshares is www.sotb.com.

How can I contact Spirit of Texas Bancshares?

Spirit of Texas Bancshares' mailing address is 1836 SPIRIT OF TEXAS WAY, CONROE TX, 77301. The company can be reached via phone at 936-521-1836 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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