Spirit of Texas Bancshares Stock Price, News & Analysis (NASDAQ:STXB)

$21.32
+0.06 (+0.28 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$21.02
Now: $21.32
$21.79
50-Day Range
$20.45
MA: $21.09
$22.13
52-Week Range
$16.70
Now: $21.32
$23.53
Volume99,894 shs
Average Volume39,025 shs
Market Capitalization$336.64 million
P/E Ratio15.79
Dividend YieldN/A
Beta-0.2
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. Read More…

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$67.83 million
Cash Flow$1.3519 per share
Book Value$20.26 per share

Profitability

Net Income$9.98 million

Miscellaneous

Employees279
Market Cap$336.64 million
Next Earnings Date10/22/2019 (Estimated)
OptionableNot Optionable

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

What is Spirit of Texas Bancshares' stock symbol?

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

How were Spirit of Texas Bancshares' earnings last quarter?

Spirit of Texas Bancshares Inc (NASDAQ:STXB) announced its earnings results on Wednesday, July, 24th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.04. The company had revenue of $23.53 million for the quarter, compared to analyst estimates of $21.70 million. Spirit of Texas Bancshares had a return on equity of 8.37% and a net margin of 17.19%. View Spirit of Texas Bancshares' Earnings History.

When is Spirit of Texas Bancshares' next earnings date?

Spirit of Texas Bancshares is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Spirit of Texas Bancshares.

What price target have analysts set for STXB?

3 Wall Street analysts have issued 1-year price targets for Spirit of Texas Bancshares' stock. Their predictions range from $21.32 to $25.50. On average, they expect Spirit of Texas Bancshares' stock price to reach $23.94 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for Spirit of Texas Bancshares.

What is the consensus analysts' recommendation for Spirit of Texas Bancshares?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spirit of Texas Bancshares in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spirit of Texas Bancshares.

Has Spirit of Texas Bancshares been receiving favorable news coverage?

News articles about STXB stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by analyzing 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 five, with scores nearest to five being the most favorable. Spirit of Texas Bancshares earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Spirit of Texas Bancshares.

Are investors shorting Spirit of Texas Bancshares?

Spirit of Texas Bancshares saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 158,000 shares, a drop of 62.0% from the July 31st total of 415,700 shares. Based on an average daily trading volume, of 53,700 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.1% of the company's shares are short sold. 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 Expeditors International of Washington (EXPD), First Western Financial (MYFW), Netflix (NFLX), Revance Therapeutics (RVNC), Wynn Resorts (WYNN), AbbVie (ABBV), Caterpillar (CAT), Dollar General (DG), FBL Financial Group (FFG) and Halliburton (HAL).

Who are Spirit of Texas Bancshares' key executives?

Spirit of Texas Bancshares' management team includes the folowing 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 initial public offering (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.

Who are Spirit of Texas Bancshares' major shareholders?

Spirit of Texas Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include RMB Capital Management LLC (7.15%), BlackRock Inc. (4.73%), Vanguard Group Inc. (3.50%), Northern Trust Corp (0.78%), Creative Planning (0.59%) and Bank of New York Mellon Corp (0.30%). Company insiders that own Spirit of Texas Bancshares stock include Akash J Patel, David M Mcguire, Jerry D Golemon, Leo T Metcalf III, Robert S Beall, Steven M Morris and Thomas C Sooy. View Institutional Ownership Trends for Spirit of Texas Bancshares.

Which major investors are selling Spirit of Texas Bancshares stock?

STXB stock was sold by a variety of institutional investors in the last quarter, including Creative Planning, Morgan Stanley, JPMorgan Chase & Co., Mendon Capital Advisors Corp, ELCO Management Co. LLC and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Spirit of Texas Bancshares.

Which major investors are buying Spirit of Texas Bancshares stock?

STXB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., RMB Capital Management LLC, Royal Bank of Canada, Vanguard Group Inc., Wells Fargo & Company MN, Northern Trust Corp, Charles Schwab Investment Management Inc. and Acadian Asset Management LLC. Company insiders that have bought Spirit of Texas Bancshares stock in the last two years include Akash J Patel, David M Mcguire, Jerry D Golemon, Leo T Metcalf III, Robert S Beall, Steven M Morris and Thomas C Sooy. View Insider Buying and Selling 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 $21.32.

How big of a company is Spirit of Texas Bancshares?

Spirit of Texas Bancshares has a market capitalization of $336.64 million and generates $67.83 million in revenue each year. The company earns $9.98 million in net income (profit) each year or $1.05 on an earnings per share basis. Spirit of Texas Bancshares employs 279 workers across the globe.View Additional Information About Spirit of Texas Bancshares.

What is Spirit of Texas Bancshares' official website?

The official website for Spirit of Texas Bancshares is http://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]


MarketBeat Community Rating for Spirit of Texas Bancshares (NASDAQ STXB)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  73 (Vote Underperform)
Total Votes:  141
MarketBeat's community ratings are surveys of what our community members think about Spirit of Texas Bancshares and other stocks. Vote "Outperform" if you believe STXB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STXB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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