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Texas Capital Bancshares (TCBI) Stock Price, News & Analysis

Texas Capital Bancshares logo
$84.17 +0.27 (+0.32%)
(As of 09:35 AM ET)

About Texas Capital Bancshares Stock (NASDAQ:TCBI)

Key Stats

Today's Range
$84.17
$84.17
50-Day Range
$68.21
$89.11
52-Week Range
$53.62
$91.29
Volume
807 shs
Average Volume
429,311 shs
Market Capitalization
$3.89 billion
P/E Ratio
467.61
Dividend Yield
N/A
Price Target
$74.00
Consensus Rating
Hold

Company Overview

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. It also provides deposit accounts, analyzed accounts, commercial card, SBA and business loans, packaged solutions, and merchant services; liquidity and investments, working capital, international trade and payment, and treasury and credit products; and commercial real estate, homebuilder and community, and mortgage finance. In addition, the company offers payables and receivables management; online and mobile banking; term loans and lines of credit, equipment finance and lease, acquisition finance, and asset-based lending; private wealth advisory solutions; and checking and savings accounts, debit and credit cards, and certificates of deposit, as well as ETF and funds management services. Further, it provides financial institution money market accounts and loan syndication products; commercial loans for financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending services; treasury management, trust, and advisory and escrow services; and letters of credit. The company operates in Austin, Dallas, Fort Worth, Houston, and San Antonio metropolitan areas of Texas. Texas Capital Bancshares, Inc. was incorporated in 1996 and is headquartered in Dallas, Texas.

Texas Capital Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

TCBI MarketRank™: 

Texas Capital Bancshares scored higher than 78% of companies evaluated by MarketBeat, and ranked 333rd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Texas Capital Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 4 buy ratings, 8 hold ratings, and 4 sell ratings.

  • Amount of Analyst Coverage

    Texas Capital Bancshares has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Texas Capital Bancshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Texas Capital Bancshares are expected to grow by 38.80% in the coming year, from $4.15 to $5.76 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Texas Capital Bancshares is 466.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Texas Capital Bancshares is 466.11, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 45.86.

  • Price to Earnings Growth Ratio

    Texas Capital Bancshares has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Texas Capital Bancshares has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Texas Capital Bancshares' valuation and earnings.
  • Percentage of Shares Shorted

    2.73% of the float of Texas Capital Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Texas Capital Bancshares has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Texas Capital Bancshares has recently decreased by 20.13%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Texas Capital Bancshares does not currently pay a dividend.

  • Dividend Growth

    Texas Capital Bancshares does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.73% of the float of Texas Capital Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Texas Capital Bancshares has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Texas Capital Bancshares has recently decreased by 20.13%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Texas Capital Bancshares has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Texas Capital Bancshares this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for TCBI on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Texas Capital Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $425,600.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.99% of the stock of Texas Capital Bancshares is held by insiders.

  • Percentage Held by Institutions

    96.88% of the stock of Texas Capital Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Texas Capital Bancshares' insider trading history.
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TCBI Stock News Headlines

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Texas Capital Bancshares (TCBI) Receives a Sell from J.P. Morgan
Texas Capital price target raised to $86 from $80 at Truist
Q3 2024 Texas Capital Bancshares Inc Earnings Call
See More Headlines

TCBI Stock Analysis - Frequently Asked Questions

Texas Capital Bancshares' stock was trading at $64.63 at the beginning of 2024. Since then, TCBI stock has increased by 29.8% and is now trading at $83.90.
View the best growth stocks for 2024 here
.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) issued 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. The bank earned $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 trailing twelve-month return on equity of 8.06%.

Texas Capital Bancshares subsidiaries include Texas Capital Bank.

Texas Capital Bancshares' top institutional shareholders include State Street Corp (5.30%), Geode Capital Management LLC (2.48%), Wellington Management Group LLP (2.43%) and Massachusetts Financial Services Co. MA (1.31%). Insiders that own company stock include Robert W Stallings, Larry L Helm, Timothy J Storms, Elysia Holt Ragusa, Thomas E Long, John W Cummings and John W Cummings.
View institutional ownership trends
.

Shares of TCBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Texas Capital Bancshares investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), Voyager Therapeutics (VYGR) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
10/17/2024
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/16/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:TCBI
CUSIP
88224Q10
Employees
1,987
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$74.00
High Stock Price Target
$86.00
Low Stock Price Target
$57.00
Potential Upside/Downside
-11.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
16 Analysts

Profitability

Net Income
$189.14 million
Pretax Margin
2.06%

Debt

Sales & Book Value

Annual Sales
$894.52 million
Cash Flow
$4.57 per share
Book Value
$60.37 per share

Miscellaneous

Free Float
45,505,000
Market Cap
$3.88 billion
Optionable
Optionable
Beta
1.12

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This page (NASDAQ:TCBI) was last updated on 11/21/2024 by MarketBeat.com Staff
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