DA Davidson Issues Pessimistic Forecast for TCBI Earnings

Texas Capital Bancshares, Inc. (NASDAQ:TCBI - Free Report) - DA Davidson reduced their FY2025 earnings per share estimates for Texas Capital Bancshares in a research note issued on Monday, April 21st. DA Davidson analyst P. Winter now expects that the bank will post earnings of $5.53 per share for the year, down from their prior estimate of $5.74. DA Davidson currently has a "Neutral" rating and a $76.00 target price on the stock. The consensus estimate for Texas Capital Bancshares' current full-year earnings is $5.84 per share. DA Davidson also issued estimates for Texas Capital Bancshares' FY2026 earnings at $6.40 EPS.

Other equities research analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods lowered their target price on shares of Texas Capital Bancshares from $92.00 to $86.00 and set an "outperform" rating for the company in a research note on Monday, April 21st. Barclays reduced their target price on shares of Texas Capital Bancshares from $73.00 to $70.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Stephens reduced their price objective on Texas Capital Bancshares from $95.00 to $90.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Piper Sandler decreased their target price on shares of Texas Capital Bancshares from $84.00 to $74.00 and set a "neutral" rating on the stock in a research note on Monday, April 21st. Finally, StockNews.com raised shares of Texas Capital Bancshares from a "sell" rating to a "hold" rating in a research note on Friday, January 31st. Three investment 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, the stock currently has an average rating of "Hold" and a consensus target price of $76.64.

Texas Capital Bancshares Price Performance

TCBI stock traded up $0.02 during midday trading on Wednesday, reaching $67.91. 213,993 shares of the company's stock traded hands, compared to its average volume of 445,853. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.22. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 53.02, a PEG ratio of 0.75 and a beta of 0.74. The company has a 50-day simple moving average of $71.75 and a two-hundred day simple moving average of $77.89. Texas Capital Bancshares has a 1-year low of $56.24 and a 1-year high of $91.80.

Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) last posted its earnings results on Thursday, April 17th. The bank reported $0.92 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.07). Texas Capital Bancshares had a return on equity of 9.14% and a net margin of 3.99%. The company had revenue of $280.48 million for the quarter, compared to the consensus estimate of $284.40 million.

Insider Transactions at Texas Capital Bancshares

In other Texas Capital Bancshares news, Director Robert W. Stallings acquired 500 shares of the stock in a transaction on Wednesday, April 23rd. The stock was acquired at an average price of $68.20 per share, for a total transaction of $34,100.00. Following the completion of the transaction, the director now directly owns 289,961 shares of the company's stock, valued at $19,775,340.20. This trade represents a 0.17 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought 26,726 shares of company stock valued at $778,504 in the last ninety days. Corporate insiders own 1.72% of the company's stock.

Institutional Investors Weigh In On Texas Capital Bancshares

Several institutional investors have recently modified their holdings of the stock. US Bancorp DE raised its position in Texas Capital Bancshares by 1,575.0% during the 4th quarter. US Bancorp DE now owns 10,519 shares of the bank's stock valued at $823,000 after purchasing an additional 9,891 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Texas Capital Bancshares by 37.5% during the 4th quarter. Victory Capital Management Inc. now owns 96,397 shares of the bank's stock worth $7,538,000 after acquiring an additional 26,294 shares in the last quarter. Barclays PLC increased its position in Texas Capital Bancshares by 19.6% during the 3rd quarter. Barclays PLC now owns 108,950 shares of the bank's stock valued at $7,786,000 after purchasing an additional 17,863 shares during the period. Martingale Asset Management L P bought a new stake in shares of Texas Capital Bancshares in the 4th quarter valued at about $1,329,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Texas Capital Bancshares during the fourth quarter valued at approximately $1,688,000. 96.88% of the stock is owned by institutional investors.

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.