Equities Analysts Issue Forecasts for TCBI FY2025 Earnings

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) – Stock analysts at DA Davidson increased their FY2025 EPS estimates for Texas Capital Bancshares in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now forecasts that the bank will post earnings per share of $5.74 for the year, up from their previous estimate of $5.61. DA Davidson has a “Neutral” rating and a $87.00 price target on the stock. The consensus estimate for Texas Capital Bancshares’ current full-year earnings is $5.84 per share. DA Davidson also issued estimates for Texas Capital Bancshares’ FY2025 earnings at $5.74 EPS.

A number of other equities research analysts have also recently issued reports on TCBI. JPMorgan Chase & Co. cut their price target on shares of Texas Capital Bancshares from $81.00 to $80.00 and set an “underweight” rating for the company in a report on Friday, January 24th. Hovde Group cut their target price on shares of Texas Capital Bancshares from $90.00 to $84.00 and set a “market perform” rating for the company in a research note on Friday, March 7th. StockNews.com raised shares of Texas Capital Bancshares from a “sell” rating to a “hold” rating in a research note on Friday, January 31st. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $95.00 price objective (down from $100.00) on shares of Texas Capital Bancshares in a research note on Wednesday, January 29th. Finally, Stephens decreased their target price on Texas Capital Bancshares from $102.00 to $97.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 28th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $80.43.

Texas Capital Bancshares Stock Down 3.2 %

Texas Capital Bancshares stock opened at $64.50 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $2.98 billion, a PE ratio of 50.39, a price-to-earnings-growth ratio of 0.75 and a beta of 0.74. The business has a 50 day simple moving average of $77.21 and a 200-day simple moving average of $78.67. Texas Capital Bancshares has a 12 month low of $54.68 and a 12 month high of $91.80.

Texas Capital Bancshares (NASDAQ:TCBI) last announced its quarterly earnings results on Thursday, January 23rd. The bank reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.36. Texas Capital Bancshares had a return on equity of 9.14% and a net margin of 3.99%.

Insider Activity at Texas Capital Bancshares

In other Texas Capital Bancshares news, Director Robert W. Stallings bought 2,006 shares of the business’s stock in a transaction on Monday, January 27th. The stock was bought at an average price of $20.99 per share, with a total value of $42,105.94. Following the completion of the purchase, the director now directly owns 182,899 shares in the company, valued at $3,839,050.01. The trade was a 1.11 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders bought 29,402 shares of company stock valued at $653,787. 1.72% of the stock is owned by company insiders.

Institutional Investors Weigh In On Texas Capital Bancshares

A number of institutional investors have recently made changes to their positions in TCBI. Bank of Montreal Can increased its holdings in Texas Capital Bancshares by 1.2% in the 3rd quarter. Bank of Montreal Can now owns 30,900 shares of the bank’s stock valued at $2,178,000 after purchasing an additional 373 shares during the last quarter. FMR LLC boosted its position in shares of Texas Capital Bancshares by 28.9% during the third quarter. FMR LLC now owns 4,167 shares of the bank’s stock worth $298,000 after buying an additional 935 shares during the period. BNP Paribas Financial Markets grew its stake in shares of Texas Capital Bancshares by 141.4% in the third quarter. BNP Paribas Financial Markets now owns 22,321 shares of the bank’s stock valued at $1,595,000 after buying an additional 13,074 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Texas Capital Bancshares by 3.8% in the 3rd quarter. Captrust Financial Advisors now owns 10,036 shares of the bank’s stock valued at $717,000 after buying an additional 369 shares during the period. Finally, Verition Fund Management LLC acquired a new position in Texas Capital Bancshares during the 3rd quarter worth about $530,000. 96.88% of the stock is currently owned by institutional investors and hedge funds.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.