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

Spirit of Texas Bancshares' stock was trading at $14.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, STXB shares have decreased by 7.7% and is now trading at $13.03. View which stocks have been most impacted by Coronavirus.

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.

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.

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

2 brokers have issued 12-month price targets for Spirit of Texas Bancshares' stock. 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 year. This suggests a possible upside of 97.6% from the stock's current price. View analysts' price targets for Spirit of Texas Bancshares.

Media headlines about STXB stock have trended neutral this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. 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 news impact score of 0.4 on InfoTrie's scale. They also assigned media stories 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 company's share price in the next several days. View the latest news aboutSpirit of Texas Bancshares.

Spirit of Texas Bancshares saw a increase in short interest in 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 trading volume of 77,200 shares, the short-interest ratio is presently 2.0 days. Currently, 1.1% of the company's stock are short sold. View Spirit of Texas Bancshares' Current Options Chain.

Some companies that are related to Spirit of Texas Bancshares include Oritani Financial (ORIT), TriCo Bancshares (TCBK), German American Bancorp. (GABC), Carolina Financial (CARO), Stock Yards Bancorp (SYBT), Great Western Bancorp (GWB), Enterprise Financial Services (EFSC), FB Financial (FBK), First Bancorp (FBNC), Republic Bancorp, Inc. KY (RBCAA), First National Bank Alaska (FBAK), TrustCo Bank Corp NY (TRST), OFG Bancorp (OFG), First Foundation (FFWM) and ConnectOne Bancorp (CNOB). View all competitors.

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).

(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) served as the underwriters for the IPO and Piper Jaffray and Sandler O’Neill + Partners were co-managers.

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

Spirit of Texas Bancshares' stock is owned by a variety of retail and institutional 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.

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.

STXB stock was bought 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.

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.

One share of STXB stock can currently be purchased for approximately $13.03.

Spirit of Texas Bancshares has a market capitalization of $229.50 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.

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

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]