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

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Texas Capital Bancshares in the last twelve months. There are currently 2 sell ratings, 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TCBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TCBI, but not buy additional shares or sell existing shares.
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9 Wall Street analysts have issued 1 year price objectives for Texas Capital Bancshares' shares. Their TCBI share price targets range from $51.00 to $70.00. On average, they expect the company's share price to reach $61.78 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price.
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Texas Capital Bancshares' stock was trading at $60.31 at the start of the year. Since then, TCBI stock has decreased by 5.6% and is now trading at $56.93.
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Texas Capital Bancshares saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,860,000 shares, an increase of 16.3% from the October 31st total of 1,600,000 shares. Based on an average daily volume of 409,100 shares, the days-to-cover ratio is currently 4.5 days. Currently, 3.9% of the company's shares are short sold.
View Texas Capital Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 17th 2024.
View our TCBI earnings forecast.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) issued its quarterly earnings results on Thursday, October, 19th. The bank reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.17. The bank earned $472.64 million during the quarter, compared to analysts' expectations of $267.89 million. Texas Capital Bancshares had a trailing twelve-month return on equity of 7.83% and a net margin of 19.39%. During the same quarter last year, the business posted $0.74 EPS.

ETFs with the largest weight of Texas Capital Bancshares (NASDAQ:TCBI) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P MidCap Value with Momentum ETF (XMVM), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco Raymond James SB-1 Equity ETF (RYJ) and First Trust Nasdaq Bank ETF (FTXO).

7 employees have rated Texas Capital Bancshares Chief Executive Officer Larry Helm on Glassdoor.com. Larry Helm has an approval rating of 99% among the company's employees. This puts Larry Helm in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Capital Bancshares investors own include Regions Financial (RF), Bank of America (BAC), AbbVie (ABBV), Huntington Bancshares (HBAN), Kohl's (KSS), Starbucks (SBUX), AT&T (T), Exxon Mobil (XOM), Applied Materials (AMAT) and Alibaba Group (BABA).

Texas Capital Bancshares' stock is owned by a number of retail and institutional investors. Top institutional shareholders include North Reef Capital Management LP (3.02%), Bank of New York Mellon Corp (2.69%), Heartland Advisors Inc. (1.58%), Massachusetts Financial Services Co. MA (1.38%), William Blair Investment Management LLC (1.35%) and Northern Trust Corp (1.33%). Insiders that own company stock include Elysia Holt Ragusa, James H Browning, John W Cummings, John W Cummings, Jonathan Baliff, Julie L Anderson, Larry L Helm, Paola M Arbour, Rob C Holmes, Robert W Stallings, Robert W Stallings, Thomas E Long and Timothy J Storms.
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Shares of TCBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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