DA Davidson Issues Optimistic Estimate for TCBI Earnings

Texas Capital Bancshares, Inc. (NASDAQ:TCBI - Free Report) - Equities research analysts at DA Davidson lifted their Q1 2025 earnings per share estimates for shares of Texas Capital Bancshares in a report released on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the bank will earn $1.01 per share for the quarter, up from their prior forecast of $0.90. 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' FY2026 earnings at $6.47 EPS.

Other equities research analysts have also recently issued reports about the stock. Stephens dropped their price target on shares of 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. JPMorgan Chase & Co. cut their target price on shares of Texas Capital Bancshares from $81.00 to $80.00 and set an "underweight" rating for the company in a research note on Friday, January 24th. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $95.00 price target (down previously from $100.00) on shares of Texas Capital Bancshares in a report on Wednesday, January 29th. Hovde Group reduced their price objective on 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. Finally, StockNews.com raised Texas Capital Bancshares from a "sell" rating to a "hold" rating in a report on Friday, January 31st. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $80.43.

Remove Ads

Texas Capital Bancshares Stock Performance

Shares of TCBI traded down $2.12 during mid-day trading on Thursday, reaching $64.50. 864,381 shares of the company's stock traded hands, compared to its average volume of 429,433. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.00 and a current ratio of 1.00. The business's 50-day moving average price is $77.21 and its 200-day moving average price is $78.72. The stock has a market capitalization of $2.98 billion, a P/E ratio of 50.39, a price-to-earnings-growth ratio of 0.75 and a beta of 0.74. Texas Capital Bancshares has a 12 month low of $54.68 and a 12 month high of $91.80.

Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) last issued its quarterly earnings data 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 net margin of 3.99% and a return on equity of 9.14%.

Insider Activity at Texas Capital Bancshares

In other Texas Capital Bancshares news, Director Robert W. Stallings bought 7,000 shares of Texas Capital Bancshares stock in a transaction on Tuesday, February 4th. The stock was purchased at an average cost of $21.10 per share, for a total transaction of $147,700.00. Following the completion of the purchase, the director now directly owns 202,413 shares of the company's stock, valued at $4,270,914.30. The trade was a 3.58 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders bought 29,402 shares of company stock valued at $653,787. Insiders own 1.72% of the company's stock.

Institutional Investors Weigh In On Texas Capital Bancshares

A number of large investors have recently bought and sold shares of TCBI. Jane Street Group LLC boosted its stake in shares of Texas Capital Bancshares by 107.2% during the 3rd quarter. Jane Street Group LLC now owns 132,672 shares of the bank's stock worth $9,481,000 after acquiring an additional 68,632 shares in the last quarter. US Bancorp DE grew its holdings in Texas Capital Bancshares by 1,575.0% during the fourth quarter. US Bancorp DE now owns 10,519 shares of the bank's stock valued at $823,000 after purchasing an additional 9,891 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Texas Capital Bancshares by 37.5% in the fourth quarter. Victory Capital Management Inc. now owns 96,397 shares of the bank's stock valued at $7,538,000 after purchasing an additional 26,294 shares during the period. Teachers Retirement System of The State of Kentucky lifted its stake in shares of Texas Capital Bancshares by 19.5% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 56,606 shares of the bank's stock worth $4,045,000 after buying an additional 9,225 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in Texas Capital Bancshares by 141.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 22,321 shares of the bank's stock worth $1,595,000 after acquiring an additional 13,074 shares during the period. 96.88% of the stock is currently owned by institutional investors.

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.