Texas Capital Bancshares (NASDAQ:TCBI) Price Target Lowered to $76.00 at DA Davidson

Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) had its target price dropped by stock analysts at DA Davidson from $81.00 to $76.00 in a report released on Monday,Benzinga reports. The firm currently has a "neutral" rating on the bank's stock. DA Davidson's target price would suggest a potential upside of 13.13% from the company's current price. DA Davidson also issued estimates for Texas Capital Bancshares' Q2 2025 earnings at $1.29 EPS, FY2025 earnings at $5.53 EPS and FY2026 earnings at $6.40 EPS.

TCBI has been the topic of a number of other research reports. Stephens lowered their target price on shares of Texas Capital Bancshares from $95.00 to $90.00 and set an "overweight" rating on the stock in a research note on Monday. Piper Sandler cut their price objective on Texas Capital Bancshares from $84.00 to $74.00 and set a "neutral" rating for the company in a research report on Monday. JPMorgan Chase & Co. cut their price target on Texas Capital Bancshares from $78.00 to $70.00 and set an "underweight" rating for the company in a report on Monday. StockNews.com upgraded Texas Capital Bancshares from a "sell" rating to a "hold" rating in a report on Friday, January 31st. Finally, Barclays dropped their target price on Texas Capital Bancshares from $73.00 to $70.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Texas Capital Bancshares currently has an average rating of "Hold" and a consensus target price of $76.64.

Texas Capital Bancshares Stock Performance

Shares of TCBI stock traded down $0.01 during mid-day trading on Monday, reaching $67.18. 74,546 shares of the company's stock traded hands, compared to its average volume of 444,137. Texas Capital Bancshares has a 12 month low of $56.24 and a 12 month high of $91.80. The firm has a 50 day moving average price of $72.29 and a two-hundred day moving average price of $77.90. 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 firm has a market capitalization of $3.10 billion, a PE ratio of 52.40, a price-to-earnings-growth ratio of 0.75 and a beta of 0.74.

Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) last released its earnings results on Thursday, April 17th. The bank reported $0.92 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by ($0.07). Texas Capital Bancshares had a net margin of 3.99% and a return on equity of 9.14%. The firm had revenue of $280.48 million for the quarter, compared to analysts' expectations of $284.40 million. On average, research analysts forecast that Texas Capital Bancshares will post 5.84 EPS for the current year.

Insider Buying and Selling at Texas Capital Bancshares

In other Texas Capital Bancshares news, Director Robert W. Stallings purchased 4,500 shares of the company's stock in a transaction on Monday, April 21st. The stock was acquired at an average price of $64.27 per share, for a total transaction of $289,215.00. Following the completion of the purchase, the director now directly owns 288,131 shares in the company, valued at approximately $18,518,179.37. The trade was a 1.59 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have purchased 33,902 shares of company stock valued at $943,002 over the last 90 days. 1.72% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Amalgamated Bank raised its holdings in Texas Capital Bancshares by 0.8% during the fourth quarter. Amalgamated Bank now owns 20,791 shares of the bank's stock worth $1,626,000 after purchasing an additional 166 shares in the last quarter. Moody National Bank Trust Division grew its position in Texas Capital Bancshares by 1.5% during the first quarter. Moody National Bank Trust Division now owns 17,626 shares of the bank's stock valued at $1,317,000 after acquiring an additional 255 shares during the period. Xponance Inc. boosted its position in shares of Texas Capital Bancshares by 4.8% in the fourth quarter. Xponance Inc. now owns 6,569 shares of the bank's stock worth $514,000 after buying an additional 300 shares during the period. Savant Capital LLC lifted its stake in shares of Texas Capital Bancshares by 5.7% in the fourth quarter. Savant Capital LLC now owns 5,604 shares of the bank's stock worth $438,000 after acquiring an additional 303 shares in the last quarter. Finally, Beacon Pointe Advisors LLC raised its stake in Texas Capital Bancshares by 1.9% during the fourth quarter. Beacon Pointe Advisors LLC now owns 18,825 shares of the bank's stock valued at $1,472,000 after buying an additional 350 shares in the last quarter. 96.88% of the stock is owned by hedge funds and other institutional investors.

Texas Capital Bancshares Company Profile

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.