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NASDAQ:STXB

Spirit of Texas Bancshares Stock Forecast, Price & News

$11.84
+0.35 (+3.05 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$11.08
Now: $11.84
$11.98
50-Day Range
$11.49
MA: $12.39
$13.06
52-Week Range
$8.96
Now: $11.84
$23.48
Volume202,226 shs
Average Volume57,360 shs
Market Capitalization$205.36 million
P/E Ratio8.77
Dividend YieldN/A
Beta1.01
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: 3.0Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 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$1.76 per share
Book Value$21.42 per share

Profitability

Net Income$21.14 million

Miscellaneous

Employees279
Market Cap$205.36 million
Next Earnings Date10/27/2020 (Estimated)
OptionableNot Optionable
$11.84
+0.35 (+3.05 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 (WHO). Since then, STXB shares have decreased by 16.1% and is now trading at $11.84.
View which stocks have been most impacted by COVID-19
.

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

1 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 for the stock, resulting in a consensus recommendation of "Hold."
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 Tuesday, October 27th 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 earnings results on Tuesday, July, 21st. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.15. The company had revenue of $28.62 million for the quarter, compared to the consensus estimate of $28.20 million. Spirit of Texas Bancshares had a return on equity of 7.12% and a net margin of 18.69%.
View Spirit of Texas Bancshares' earnings history
.

What price target have analysts set for STXB?

1 equities research analysts have issued 12 month target prices for Spirit of Texas Bancshares' stock. Their forecasts range from $26.00 to $26.00. On average, they anticipate Spirit of Texas Bancshares' stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 119.6% 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 coverage about STXB stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spirit of Texas Bancshares earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about Spirit of Texas Bancshares
.

Are investors shorting Spirit of Texas Bancshares?

Spirit of Texas Bancshares saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 148,500 shares, an increase of 12.2% from the August 15th total of 132,300 shares. Based on an average daily trading volume, of 41,700 shares, the short-interest ratio is currently 3.6 days. Approximately 1.1% of the shares of the company are short sold.
View Spirit of Texas Bancshares' Short Interest
.

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), Caterpillar (CAT), Dollar General (DG), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Gilead Sciences (GILD), Marathon Petroleum (MPC), Netflix (NFLX), Occidental Petroleum (OXY) and Pfizer (PFE).

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 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) served 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 a variety of institutional and retail investors. Top institutional shareholders include Mendon Capital Advisors Corp (3.58%), State of Wisconsin Investment Board (0.92%), Bridgeway Capital Management Inc. (0.50%), Cambridge Investment Research Advisors Inc. (0.32%), Bank of New York Mellon Corp (0.32%) and Cullen Frost Bankers Inc. (0.25%). Company insiders that own Spirit of Texas Bancshares stock include Akash J Patel, David M Mcguire, Dean O Bass, Jerry D Golemon, 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 major 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, Mendon Capital Advisors Corp, Bessemer Group Inc., Nuveen Asset Management LLC, Cambridge Investment Research Advisors Inc., UBS Group AG, Nisa Investment Advisors LLC, and Bank of New York Mellon Corp. Company insiders that have sold Spirit of Texas Bancshares company stock in the last year include David M Mcguire, Dean O Bass, and Jerry D Golemon.
View insider buying and selling activity for Spirit of Texas Bancshares
.

Which major investors are buying Spirit of Texas Bancshares stock?

STXB stock was purchased by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Cullen Frost Bankers Inc., State of Wisconsin Investment Board, California Public Employees Retirement System, Jacobs Levy Equity Management Inc., and Bank of America Corp DE. 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 $11.84.

How big of a company is Spirit of Texas Bancshares?

Spirit of Texas Bancshares has a market capitalization of $205.36 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 9/19/2020 by MarketBeat.com Staff

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