Texas Capital Bancshares (NASDAQ: TCBI) has recently received a number of price target changes and ratings updates:
- 1/31/2025 – Texas Capital Bancshares was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
- 1/29/2025 – Texas Capital Bancshares had its “outperform” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $95.00 price target on the stock, down previously from $100.00.
- 1/28/2025 – Texas Capital Bancshares had its price target lowered by analysts at Stephens from $102.00 to $97.00. They now have an “overweight” rating on the stock.
- 1/24/2025 – Texas Capital Bancshares had its price target lowered by analysts at JPMorgan Chase & Co. from $81.00 to $80.00. They now have an “underweight” rating on the stock.
- 1/24/2025 – Texas Capital Bancshares had its price target lowered by analysts at DA Davidson from $90.00 to $87.00. They now have a “neutral” rating on the stock.
- 1/23/2025 – Texas Capital Bancshares was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
- 1/7/2025 – Texas Capital Bancshares had its price target lowered by analysts at JPMorgan Chase & Co. from $86.00 to $81.00. They now have an “underweight” rating on the stock.
Texas Capital Bancshares Stock Up 0.7 %
TCBI traded up $0.56 during trading on Wednesday, reaching $80.62. 108,095 shares of the stock traded hands, compared to its average volume of 484,669. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.00 and a quick ratio of 1.01. Texas Capital Bancshares, Inc. has a fifty-two week low of $54.68 and a fifty-two week high of $91.80. The stock’s 50-day simple moving average is $80.61 and its two-hundred day simple moving average is $75.11. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 62.98, a price-to-earnings-growth ratio of 0.73 and a beta of 1.16.
Texas Capital Bancshares (NASDAQ:TCBI – Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The bank reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.36. Texas Capital Bancshares had a return on equity of 9.14% and a net margin of 3.99%. As a group, equities research analysts expect that Texas Capital Bancshares, Inc. will post 5.82 EPS for the current year.
Insider Buying and Selling at Texas Capital Bancshares
Institutional Trading of Texas Capital Bancshares
Several hedge funds and other institutional investors have recently modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in Texas Capital Bancshares during the fourth quarter valued at approximately $1,688,000. Oppenheimer Asset Management Inc. bought a new position in Texas Capital Bancshares in the fourth quarter valued at about $223,000. Amalgamated Bank increased its position in Texas Capital Bancshares by 0.8% in the 4th quarter. Amalgamated Bank now owns 20,791 shares of the bank’s stock valued at $1,626,000 after acquiring an additional 166 shares during the period. Wolverine Asset Management LLC raised its stake in shares of Texas Capital Bancshares by 28.0% during the fourth quarter. Wolverine Asset Management LLC now owns 52,517 shares of the bank’s stock valued at $4,107,000 after acquiring an additional 11,479 shares during the last quarter. Finally, Ieq Capital LLC acquired a new position in shares of Texas Capital Bancshares during the fourth quarter worth $397,000. Institutional investors and hedge funds own 96.88% of the company’s stock.
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.
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