FY2025 Earnings Estimate for TCBI Issued By DA Davidson

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) – Research analysts at DA Davidson lifted their FY2025 earnings estimates for shares of Texas Capital Bancshares in a research note issued to investors on Thursday, December 19th. DA Davidson analyst P. Winter now expects that the bank will post earnings per share of $5.93 for the year, up from their prior forecast of $5.79. DA Davidson has a “Neutral” rating and a $81.00 price target on the stock. The consensus estimate for Texas Capital Bancshares’ current full-year earnings is $4.15 per share.

Texas Capital Bancshares (NASDAQ:TCBI) last posted its earnings results on Thursday, October 17th. The bank reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.65. Texas Capital Bancshares had a return on equity of 8.06% and a net margin of 1.40%. The firm had revenue of $304.91 million for the quarter, compared to analysts’ expectations of $279.64 million.

TCBI has been the topic of a number of other reports. Royal Bank of Canada upped their price target on Texas Capital Bancshares from $73.00 to $83.00 and gave the stock a “sector perform” rating in a research note on Friday, October 18th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $74.00 price objective on shares of Texas Capital Bancshares in a research note on Monday, September 9th. JPMorgan Chase & Co. lifted their price objective on shares of Texas Capital Bancshares from $72.00 to $80.00 and gave the company an “underweight” rating in a report on Friday, October 18th. Hovde Group raised their price target on shares of Texas Capital Bancshares from $73.00 to $79.00 and gave the company a “market perform” rating in a research report on Friday, October 18th. Finally, Wedbush reaffirmed a “sector perform” rating on shares of Texas Capital Bancshares in a research report on Friday, October 18th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $74.69.

Texas Capital Bancshares Trading Down 1.4 %

Shares of Texas Capital Bancshares stock opened at $76.78 on Friday. The stock has a 50 day moving average of $83.08 and a 200 day moving average of $70.93. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 426.56, a PEG ratio of 0.80 and a beta of 1.14. Texas Capital Bancshares has a fifty-two week low of $54.68 and a fifty-two week high of $91.80.

Institutional Trading of Texas Capital Bancshares

Several institutional investors and hedge funds have recently bought and sold shares of TCBI. Innealta Capital LLC purchased a new stake in shares of Texas Capital Bancshares in the second quarter valued at about $26,000. Blue Trust Inc. raised its stake in shares of Texas Capital Bancshares by 89.9% during the third quarter. Blue Trust Inc. now owns 357 shares of the bank’s stock worth $26,000 after purchasing an additional 169 shares during the last quarter. Icon Wealth Advisors LLC purchased a new stake in shares of Texas Capital Bancshares during the third quarter worth approximately $31,000. Meeder Asset Management Inc. purchased a new stake in shares of Texas Capital Bancshares in the third quarter valued at about $71,000. Finally, CWM LLC increased its stake in shares of Texas Capital Bancshares by 69.8% during the third quarter. CWM LLC now owns 1,611 shares of the bank’s stock worth $115,000 after acquiring an additional 662 shares during the period. Hedge funds and other institutional investors own 96.88% of the company’s stock.

Insider Buying and Selling

In other news, Director Robert W. Stallings acquired 20,000 shares of the firm’s stock in a transaction dated Tuesday, October 22nd. The stock was acquired at an average cost of $21.28 per share, with a total value of $425,600.00. Following the completion of the acquisition, the director now owns 84,587 shares of the company’s stock, valued at $1,800,011.36. The trade was a 30.97 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.53% of the stock is owned by company insiders.

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.