What is DA Davidson’s Forecast for TCBI Q1 Earnings?

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) – Stock analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Texas Capital Bancshares in a report issued on Friday, January 24th. DA Davidson analyst P. Winter forecasts that the bank will post earnings per share of $0.90 for the quarter. DA Davidson currently has a “Neutral” rating and a $87.00 target price on the stock. The consensus estimate for Texas Capital Bancshares’ current full-year earnings is $4.08 per share. DA Davidson also issued estimates for Texas Capital Bancshares’ FY2025 earnings at $6.43 EPS.

Texas Capital Bancshares (NASDAQ:TCBI) last posted its quarterly earnings data on Thursday, January 23rd. The bank reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.36. Texas Capital Bancshares had a return on equity of 8.06% and a net margin of 1.40%.

A number of other research firms have also commented on TCBI. Piper Sandler lowered Texas Capital Bancshares from an “overweight” rating to a “neutral” rating and raised their price objective for the stock from $77.00 to $82.00 in a research note on Friday, October 18th. Barclays raised their price target on Texas Capital Bancshares from $60.00 to $71.00 and gave the stock an “underweight” rating in a research report on Thursday, December 5th. Royal Bank of Canada increased their price objective on shares of 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. Stephens cut their price target on shares of Texas Capital Bancshares from $102.00 to $97.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Hovde Group boosted their price objective 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. Four analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $77.73.

Texas Capital Bancshares Stock Down 1.1 %

Shares of TCBI opened at $77.83 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22. Texas Capital Bancshares has a 12 month low of $54.68 and a 12 month high of $91.80. The firm’s 50 day moving average is $81.45 and its 200-day moving average is $74.73. The stock has a market capitalization of $3.60 billion, a PE ratio of 432.39, a P/E/G ratio of 0.73 and a beta of 1.17.

Institutional Investors Weigh In On Texas Capital Bancshares

Institutional investors have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV lifted its stake in Texas Capital Bancshares by 34.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 8,097 shares of the bank’s stock worth $495,000 after purchasing an additional 2,069 shares during the last quarter. Vanguard Personalized Indexing Management LLC bought a new position in Texas Capital Bancshares during the second quarter valued at approximately $207,000. Sei Investments Co. raised its stake in shares of Texas Capital Bancshares by 8.5% during the second quarter. Sei Investments Co. now owns 152,887 shares of the bank’s stock worth $9,347,000 after acquiring an additional 12,041 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in shares of Texas Capital Bancshares by 11.2% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 381,462 shares of the bank’s stock worth $23,323,000 after acquiring an additional 38,393 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in shares of Texas Capital Bancshares by 146.7% in the 2nd quarter. Millennium Management LLC now owns 372,370 shares of the bank’s stock valued at $22,767,000 after purchasing an additional 221,454 shares in the last quarter. 96.88% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Robert W. Stallings bought 2,006 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The shares were bought at an average price of $20.99 per share, with a total value of $42,105.94. Following the completion of the transaction, the director now directly owns 182,899 shares in the company, valued at approximately $3,839,050.01. This represents a 1.11 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.99% of the company’s stock.

About Texas Capital Bancshares

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.