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NASDAQ:TCBI - Texas Capital Bancshares Stock Price, Forecast & News

$47.08
-2.60 (-5.23 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$46.32
Now: $47.08
$48.94
50-Day Range
$47.08
MA: $55.14
$58.16
52-Week Range
$46.32
Now: $47.08
$66.61
Volume661,654 shs
Average Volume509,105 shs
Market Capitalization$2.37 billion
P/E Ratio7.57
Dividend YieldN/A
Beta1.78
Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs. It offers business deposit products and services, including commercial checking accounts, lockbox accounts, and cash concentration accounts, as well as other treasury management services, including information services, wire transfer initiation, ACH initiation, account transfer, and service integration; and consumer deposit products, such as checking accounts, savings accounts, money market accounts, and certificates of deposit. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:TCBI
CUSIP88224Q10
Phone214-932-6600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.46 billion
Cash Flow$6.49 per share
Book Value$53.28 per share

Profitability

Net Income$322.87 million

Miscellaneous

Employees1,738
Market Cap$2.37 billion
Next Earnings Date4/15/2020 (Estimated)
OptionableOptionable

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Texas Capital Bancshares (NASDAQ:TCBI) Frequently Asked Questions

What is Texas Capital Bancshares' stock symbol?

Texas Capital Bancshares trades on the NASDAQ under the ticker symbol "TCBI."

How were Texas Capital Bancshares' earnings last quarter?

Texas Capital Bancshares Inc (NASDAQ:TCBI) released its earnings results on Wednesday, January, 22nd. The bank reported $1.42 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.55 by $0.13. The bank earned $266.15 million during the quarter, compared to the consensus estimate of $256.26 million. Texas Capital Bancshares had a net margin of 22.15% and a return on equity of 12.66%. The company's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.38 EPS. View Texas Capital Bancshares' Earnings History.

When is Texas Capital Bancshares' next earnings date?

Texas Capital Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, April 15th 2020. View Earnings Estimates for Texas Capital Bancshares.

What price target have analysts set for TCBI?

12 brokerages have issued 12 month price objectives for Texas Capital Bancshares' shares. Their forecasts range from $56.00 to $72.00. On average, they expect Texas Capital Bancshares' share price to reach $62.73 in the next year. This suggests a possible upside of 33.2% from the stock's current price. View Analyst Price Targets for Texas Capital Bancshares.

What is the consensus analysts' recommendation for Texas Capital Bancshares?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Capital Bancshares in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Texas Capital Bancshares.

What are Wall Street analysts saying about Texas Capital Bancshares stock?

Here are some recent quotes from research analysts about Texas Capital Bancshares stock:
  • 1. According to Zacks Investment Research, "Shares of Texas Capital have underperformed the industry, over the past six months. Also, the company has a dismal earnings surprise history, having beaten the Zacks Consensus Estimate in only one of the trailing four quarters. Third-quarter 2019 results reflected high revenues and elevated costs. Growth in revenues, supported by rise in net interest income, is a tailwind. Also, rising loans and deposits balance, backed by a gain in market share, suggests a strong capital position which would help the company undertake opportunistic expansions over the long haul. Yet, Texas Capital’s persistently rising costs, due to hiring of experienced bankers, is likely to impede its bottom-line growth. Also, deterioration of credit quality, lack of geographical diversification and significant exposure to commercial and real estate loans remain headwinds." (10/21/2019)
  • 2. Stephens analysts commented, "We’re maintaining our price target of $64 which represents a 10x multiple on our 2020 EPS forecast of $6.40. We maintain our Equal-Weight rating. KEY EPS Beat Driven by Lower LLP Expense; Increasing Forecast. TCBI reported operating EPS of $1.46, above consensus estimates of $1.35. It should be noted that over the last month, the consensus 1Q19 EPS forecast had drifted down from $1.47 levels as management’s conference commentary around higher LLP expense was fully digested. Based on the earnings call commentary, it now appears management expects 2Q19 to represent the high water mark for 2019 LLP expense. We are increasing our 2019 operating EPS from $6.01 to $6.14 and our 2020 EPS from $6.36 to $6.40. We are increasing our PPNR forecast for 2019 and 2020 as we expect increased growth in mortgage (warehouse and MCA) to outrun the NIM compression." (4/18/2019)

Has Texas Capital Bancshares been receiving favorable news coverage?

News headlines about TCBI stock have been trending very negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Texas Capital Bancshares earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Texas Capital Bancshares.

Are investors shorting Texas Capital Bancshares?

Texas Capital Bancshares saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 1,330,000 shares, a decrease of 17.9% from the January 30th total of 1,620,000 shares. Based on an average daily volume of 521,600 shares, the days-to-cover ratio is presently 2.5 days. Approximately 2.7% of the company's shares are short sold. View Texas Capital Bancshares' Current Options Chain.

Who are some of Texas Capital Bancshares' key competitors?

What other stocks do shareholders of Texas Capital Bancshares own?

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), Huntington Bancshares (HBAN), Chesapeake Energy (CHK), Applied Materials (AMAT), Skyworks Solutions (SWKS), Alibaba Group (BABA), SunTrust Banks (STI), NVIDIA (NVDA) and Regeneron Pharmaceuticals (REGN).

Who are Texas Capital Bancshares' key executives?

Texas Capital Bancshares' management team includes the folowing people:
  • Mr. C. Keith Cargill, Pres, CEO & Director (Age 66)
  • Ms. Julie L. Anderson, CFO & Sec. (Age 51)
  • Mr. Vince A. Ackerson, Texas Pres & Chief Lending Officer of Texas Capital Bank (Age 62)
  • Ms. Heather L. Worley, SVP, Director of IR (Age 44)
  • Mr. John G. Turpen, Chief Risk Officer (Age 50)

Who are Texas Capital Bancshares' major shareholders?

Texas Capital Bancshares' stock is owned by many different of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (4.18%), State Street Corp (4.00%), Barrow Hanley Mewhinney & Strauss LLC (2.26%), Renaissance Technologies LLC (1.44%), Credit Suisse AG (1.42%) and Janus Henderson Group PLC (1.19%). Company insiders that own Texas Capital Bancshares stock include C Keith Cargill, Ian J Turpin, Steve Rosenberg and Vince A Ackerson. View Institutional Ownership Trends for Texas Capital Bancshares.

Which institutional investors are selling Texas Capital Bancshares stock?

TCBI stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Goldman Sachs Group Inc., NWQ Investment Management Company LLC, Prudential Financial Inc., Spindletop Capital LLC, State Street Corp, King Luther Capital Management Corp and Barclays PLC. Company insiders that have sold Texas Capital Bancshares company stock in the last year include Ian J Turpin and Steve Rosenberg. View Insider Buying and Selling for Texas Capital Bancshares.

Which institutional investors are buying Texas Capital Bancshares stock?

TCBI stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Samlyn Capital LLC, Jefferies Group LLC, Alliancebernstein L.P., Jacobs Levy Equity Management Inc., Stieven Capital Advisors L.P., Janus Henderson Group PLC and Wedge Capital Management L L P NC. Company insiders that have bought Texas Capital Bancshares stock in the last two years include C Keith Cargill and Vince A Ackerson. View Insider Buying and Selling for Texas Capital Bancshares.

How do I buy shares of Texas Capital Bancshares?

Shares of TCBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Texas Capital Bancshares' stock price today?

One share of TCBI stock can currently be purchased for approximately $47.08.

How big of a company is Texas Capital Bancshares?

Texas Capital Bancshares has a market capitalization of $2.37 billion and generates $1.46 billion in revenue each year. The bank earns $322.87 million in net income (profit) each year or $6.23 on an earnings per share basis. Texas Capital Bancshares employs 1,738 workers across the globe.View Additional Information About Texas Capital Bancshares.

What is Texas Capital Bancshares' official website?

The official website for Texas Capital Bancshares is http://www.texascapitalbank.com/.

How can I contact Texas Capital Bancshares?

Texas Capital Bancshares' mailing address is 2000 MCKINNEY AVE SUITE 700, DALLAS TX, 75201. The bank can be reached via phone at 214-932-6600 or via email at [email protected]


MarketBeat Community Rating for Texas Capital Bancshares (NASDAQ TCBI)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  486 (Vote Outperform)
Underperform Votes:  760 (Vote Underperform)
Total Votes:  1,246
MarketBeat's community ratings are surveys of what our community members think about Texas Capital Bancshares and other stocks. Vote "Outperform" if you believe TCBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TCBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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