Texas capital

Texas Capital Bancshares (TCBI) – Recent Research Analyst Ratings Updates


A number of companies have changed their ratings and price targets on the shares of Texas Capital Bancshares (NASDAQ: TCBI) recently:

  • 04/21/2022 – Texas Capital Bancshares has been downgraded by TheStreet analysts from a ‘b-‘ rating to a ‘c+’ rating.
  • 04/14/2022 – Texas Capital Bancshares has been downgraded by StockNews.com analysts from a “hold” rating to a “sell” rating.
  • 04/13/2022 – Texas Capital Bancshares has been upgraded by Zacks Investment Research analysts from a “hold” rating to a “buy” rating. They now have a price target of $58.00 on the stock. According to Zacks, “Texas Capital has a decent surprise history with earnings having exceeded Zacks’ consensus estimate in three of the last four quarters, missing in one. The company’s strategic plan (announced in September 2021) calls for expanding its product offering and digitizing its operations to drive growth in fee income, it is also accelerating its treasury activities and is confident as it approaches 2022 to achieve the 5% treasury solutions fee target on total revenue by 2025. In addition, balance sheet strength remains a key positive.Yet Texas Capital shares have underperformed the industry over the past three months.Although the Fed has raised its rates and signaled further such hikes, the general low interest rate environment should keep margins subdued in the near term Rising costs and deteriorating asset quality are other issues. my majors.
  • 04/06/2022 – Texas Capital Bancshares has been upgraded by StockNews.com analysts from a “sell” rating to a “hold” rating.
  • 03/25/2022 – Texas Capital Bancshares has been upgraded by StockNews.com analysts from a “sell” rating to a “hold” rating.
  • 03/16/2022 – Texas Capital Bancshares has been upgraded by StockNews.com analysts from a “sell” rating to a “hold” rating.

Shares of Texas Capital Bancshares traded down $0.51 on Monday, hitting $53.07. The stock had a trading volume of 720,448 shares, compared to an average volume of 534,362. The company has a 50-day moving average price of $60.54 and a 200-day moving average price of $61.37 . The company has a quick ratio of 1.11, a current ratio of 1.02 and a debt ratio of 0.33. Texas Capital Bancshares, Inc. has a 1-year low of $51.07 and a 1-year high of $71.68. The stock has a market capitalization of $2.69 billion, a P/E ratio of 13.44, a P/E/G ratio of 1.97 and a beta of 1.64.

Texas Capital Bancshares (NASDAQ:TCBI – Get Rating) last released quarterly earnings data on Wednesday, April 20. The bank reported earnings per share (EPS) of $0.69 for the quarter, missing analyst consensus estimates of $0.73 per ($0.04). Texas Capital Bancshares had a return on equity of 7.80% and a net margin of 22.71%. The company posted revenue of $203.83 million in the quarter, compared to $213.06 million expected by analysts. During the same period of the previous year, the company achieved EPS of $1.33. The company’s quarterly revenue was down 14.8% year over year. On average, analysts expect Texas Capital Bancshares, Inc. to post 3.36 earnings per share for the current fiscal year.

A number of hedge funds have recently increased or reduced their stakes in TCBI. Granahan Investment Management Inc. MA increased its stake in Texas Capital Bancshares by 33.0% during the third quarter. Granahan Investment Management Inc. MA now owns 327,004 shares of the bank valued at $19,627,000 after acquiring an additional 81,057 shares during the period. Massachusetts Financial Services Co. MA acquired a new stake in Texas Capital Bancshares during Q3, valued at approximately $21,665,000. Allianz Asset Management GmbH increased its stake in Texas Capital Bancshares by 4.3% during the third quarter. Allianz Asset Management GmbH now owns 12,820 shares of the bank valued at $769,000 after acquiring an additional 527 shares during the period. State of New Jersey Common Pension Fund D increased its stake in Texas Capital Bancshares by 15.2% during the third quarter. New Jersey State Joint Pension Fund D now owns 41,560 shares of the bank valued at $2,494,000 after acquiring an additional 5,495 shares during the period. Finally, Duality Advisers LP increased its stake in Texas Capital Bancshares by 470.4% during the third quarter. Duality Advisers LP now owns 57,629 shares of the bank valued at $3,459,000 after acquiring an additional 47,526 shares during the period. Institutional investors hold 94.32% of the company’s shares.

Texas Capital Bancshares, Inc. operates as a bank holding company for Texas Capital Bank, is a full-service financial services company that provides customized solutions to businesses, entrepreneurs and individuals. The Company offers commercial banking, retail banking, investment banking and wealth management.

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