What is DA Davidson's Forecast for TCBI FY2025 Earnings?

Texas Capital Bancshares, Inc. (NASDAQ:TCBI - Free Report) - Stock analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for Texas Capital Bancshares in a report issued on Thursday, December 19th. DA Davidson analyst P. Winter now expects that the bank will earn $5.93 per share for the year, up from their previous forecast of $5.79. DA Davidson currently has a "Neutral" rating and a $81.00 target price on the stock. The consensus estimate for Texas Capital Bancshares' current full-year earnings is $4.15 per share.

Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) last issued its quarterly earnings data on Thursday, October 17th. The bank reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.65. The company had revenue of $304.91 million during the quarter, compared to the consensus estimate of $279.64 million. Texas Capital Bancshares had a net margin of 1.40% and a return on equity of 8.06%.

TCBI has been the subject of a number of other reports. Barclays upped their price objective on shares of Texas Capital Bancshares from $60.00 to $71.00 and gave the company an "underweight" rating in a research report on Thursday, December 5th. Raymond James raised Texas Capital Bancshares from a "market perform" rating to an "outperform" rating and set a $78.00 price target for the company in a report on Tuesday, September 17th. Wedbush restated a "sector perform" rating on shares of Texas Capital Bancshares in a report on Friday, October 18th. JPMorgan Chase & Co. increased their target price on Texas Capital Bancshares from $72.00 to $80.00 and gave the company an "underweight" rating in a research note on Friday, October 18th. Finally, Truist Financial raised their price target on shares of Texas Capital Bancshares from $80.00 to $86.00 and gave the stock a "hold" rating in a research report on Monday, October 21st. Four investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Texas Capital Bancshares presently has an average rating of "Hold" and a consensus price target of $74.69.

Texas Capital Bancshares Stock Down 0.0 %

Shares of TCBI stock traded down $0.01 on Friday, hitting $76.77. The stock had a trading volume of 1,049,410 shares, compared to its average volume of 430,633. Texas Capital Bancshares has a 52-week low of $54.68 and a 52-week high of $91.80. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 426.50, a P/E/G ratio of 0.80 and a beta of 1.14. 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 stock's 50 day moving average is $83.08 and its 200-day moving average is $70.93.

Insiders Place Their Bets

In other Texas Capital Bancshares news, Director Robert W. Stallings bought 20,000 shares of the stock in a transaction that occurred on Tuesday, October 22nd. The shares were purchased at an average cost of $21.28 per share, for a total transaction of $425,600.00. Following the transaction, the director now directly owns 84,587 shares in the company, valued at $1,800,011.36. The trade was a 30.97 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.53% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. AlphaMark Advisors LLC grew its position in Texas Capital Bancshares by 2.6% in the 3rd quarter. AlphaMark Advisors LLC now owns 5,396 shares of the bank's stock valued at $386,000 after buying an additional 139 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Texas Capital Bancshares by 89.9% in the third quarter. Blue Trust Inc. now owns 357 shares of the bank's stock valued at $26,000 after acquiring an additional 169 shares in the last quarter. State of Alaska Department of Revenue increased its stake in shares of Texas Capital Bancshares by 3.5% during the third quarter. State of Alaska Department of Revenue now owns 5,366 shares of the bank's stock valued at $383,000 after acquiring an additional 180 shares during the period. Coldstream Capital Management Inc. raised its holdings in Texas Capital Bancshares by 5.3% during the third quarter. Coldstream Capital Management Inc. now owns 4,309 shares of the bank's stock worth $309,000 after purchasing an additional 217 shares in the last quarter. Finally, Tectonic Advisors LLC lifted its position in Texas Capital Bancshares by 1.1% in the third quarter. Tectonic Advisors LLC now owns 22,818 shares of the bank's stock worth $1,631,000 after purchasing an additional 244 shares during the period. 96.88% of the stock is owned by institutional investors and hedge funds.

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.