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

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.

Key Stats

• Today's Range: $85.09 to $87.86
• 50-Day Range: $69.88 to $89.11
• 52-Week Range: $53.69 to $91.29
• Volume: 365,680 shs
• Average Volume: 520,804 shs
• Market Capitalization: $4.05 billion
• P/E Ratio: 487.39
• Dividend Yield: N/A
• Price Target: $74.00
• Consensus Rating: Hold

Texas Capital Bancshares Stock Analysis - MarketRank™

Texas Capital Bancshares scored higher than 78% of companies evaluated by MarketBeat, and ranked 287th out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

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.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 38.80%

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 487.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 120.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of Texas Capital Bancshares is 487.39, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 40.38.

Price to Earnings Growth Ratio

Texas Capital Bancshares has a PEG Ratio of 0.81. 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 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

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

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.25

News Sentiment

Texas Capital Bancshares has a news sentiment score of 1.25. 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 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 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.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

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.

TCBI Stock Analysis - Frequently Asked Questions

How have TCBI shares performed this year?

Texas Capital Bancshares' stock was trading at $64.63 at the beginning of the year. Since then, TCBI stock has increased by 35.7% and is now trading at $87.73.
View the best growth stocks for 2024 here.

How were Texas Capital Bancshares' earnings last quarter?

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) announced its quarterly earnings results on Thursday, October, 17th. The bank reported $1.62 earnings per share for the quarter, topping 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 trailing twelve-month return on equity of 8.06% and a net margin of 1.40%.

Does Texas Capital Bancshares have any subsidiaries?

Texas Capital Bancshares subsidiaries include these companies: Texas Capital Bank.

Who are Texas Capital Bancshares' major shareholders?

Top institutional shareholders of Texas Capital Bancshares 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.

How do I buy shares of Texas Capital Bancshares?

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.

What other stocks do shareholders of Texas Capital Bancshares own?

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: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/16/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:TCBI
• CUSIP: 88224Q10
• CIK: 1077428
• Web: www.texascapitalbank.com
• Phone: (214) 932-6600
• Fax: 877-839-2738
• 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: -15.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.18
• Trailing P/E Ratio: 487.39
• Forward P/E Ratio: 21.14
• P/E Growth: 0.81
• Net Income: $189.14 million
• Net Margins: 1.40%
• Pretax Margin: 2.06%
• Return on Equity: 8.06%
• Return on Assets: 0.79%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 1.01
• Quick Ratio: 1.01

Sales & Book Value

• Annual Sales: $1.79 billion
• Price / Sales: 2.26
• Cash Flow: $4.89 per share
• Price / Cash Flow: 17.94
• Book Value: $66.09 per share
• Price / Book: 1.33

Miscellaneous

• Outstanding Shares: 46,210,000
• Free Float: 45,755,000
• Market Cap: $4.05 billion
• Optionable: Optionable
• Beta: 1.12