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

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Texas Capital Bancshares in the last twelve months. There are currently 3 sell ratings, 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 target prices for Texas Capital Bancshares' stock. Their TCBI share price forecasts range from $50.00 to $65.00. On average, they predict the company's stock price to reach $57.90 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
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Texas Capital Bancshares' stock was trading at $60.31 at the beginning of the year. Since then, TCBI stock has decreased by 14.7% and is now trading at $51.46.
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Texas Capital Bancshares saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,920,000 shares, an increase of 25.9% from the April 30th total of 2,320,000 shares. Based on an average trading volume of 668,100 shares, the short-interest ratio is currently 4.4 days. Currently, 6.2% of the shares of the stock are short sold.
View Texas Capital Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our TCBI earnings forecast.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) posted its quarterly earnings results on Thursday, April, 20th. The bank reported $0.70 EPS for the quarter, missing the consensus estimate of $0.90 by $0.20. The bank had revenue of $422.57 million for the quarter, compared to analyst estimates of $267.71 million. Texas Capital Bancshares had a trailing twelve-month return on equity of 6.00% and a net margin of 19.64%. During the same quarter in the previous year, the business posted $0.69 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), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), Invesco S&P MidCap Value with Momentum ETF (XMVM), 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 trades on the NASDAQ under the ticker symbol "TCBI."

Texas Capital Bancshares' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.00%), Dimensional Fund Advisors LP (6.79%), State Street Corp (5.25%), Basswood Capital Management L.L.C. (4.32%), Barrow Hanley Mewhinney & Strauss LLC (3.13%) and Bank of New York Mellon Corp (2.42%). Insiders that own company stock include Elysia Holt Ragusa, James H Browning, 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.
View institutional ownership trends.

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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One share of TCBI stock can currently be purchased for approximately $51.46.

Texas Capital Bancshares (NASDAQ:TCBI) has a market capitalization of $2.46 billion and generates $1.49 billion in revenue each year. The bank earns $332.48 million in net income (profit) each year or $6.26 on an earnings per share basis.

The company employs 2,198 workers across the globe.

Texas Capital Bancshares' mailing address is 2000 MCKINNEY AVE SUITE 700, DALLAS TX, 75201. The official website for the company is www.texascapitalbank.com. The bank can be reached via phone at (214) 932-6600, via email at melissa.harris@texascapitalbank.com, or via fax at 877-839-2738.