Positive News SentimentPositive NewsNASDAQ:TCBX Third Coast Bancshares (TCBX) Stock Forecast, Price & News $17.31 -0.22 (-1.25%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$17.08▼$17.9350-Day Range$17.53▼$21.4552-Week Range$12.31▼$21.50Volume23,339 shsAverage Volume31,508 shsMarket Capitalization$235.59 millionP/E Ratio8.61Dividend YieldN/APrice Target$23.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Third Coast Bancshares MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside32.9% Upside$23.00 Price TargetShort InterestBearish0.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.89Based on 2 Articles This WeekInsider TradingAcquiring Shares$20,020 Bought Last QuarterProj. Earnings Growth-2.43%From $2.06 to $2.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.51 out of 5 starsFinance Sector377th out of 874 stocksSavings Institutions, Except Federal Industry6th out of 20 stocks 3.5 Analyst's Opinion Consensus RatingThird Coast Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.00, Third Coast Bancshares has a forecasted upside of 32.9% from its current price of $17.31.Amount of Analyst CoverageThird Coast Bancshares has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.88% of the float of Third Coast Bancshares has been sold short.Short Interest Ratio / Days to CoverThird Coast Bancshares has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Third Coast Bancshares has recently increased by 2.11%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldThird Coast Bancshares does not currently pay a dividend.Dividend GrowthThird Coast Bancshares does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TCBX. Previous Next 3.8 News and Social Media Coverage News SentimentThird Coast Bancshares has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Third Coast Bancshares this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Third Coast Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Third Coast Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $20,020.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 9.40% of the stock of Third Coast Bancshares is held by insiders.Percentage Held by Institutions44.17% of the stock of Third Coast Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Third Coast Bancshares are expected to decrease by -2.43% in the coming year, from $2.06 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Third Coast Bancshares is 8.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Third Coast Bancshares is 8.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 80.74.Price to Book Value per Share RatioThird Coast Bancshares has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Third Coast Bancshares (NASDAQ:TCBX) StockThird Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, equipment loans, working capital lines of credit, guaranteed loans, auto finance, letters of credit, and commercial and residential real estate loans. In addition, the company provides retail and commercial online banking platforms, mobile banking apps, treasury management solutions, merchant card services, and customer digital solutions, as well as debit and credit cards. The company was founded in 2008 and is headquartered in Humble, Texas.Read More TCBX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TCBX Stock News HeadlinesAugust 29, 2023 | finance.yahoo.comWhile institutions own 39% of Third Coast Bancshares, Inc. (NASDAQ:TCBX), individual investors are its largest shareholders with 54% ownershipAugust 3, 2023 | msn.comThird Coast Bancshares (TCBX) Price Target Increased by 13.71% to 23.97September 28, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 30, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. (NASDAQ:TCBX) Q2 2023 Earnings Call TranscriptJuly 29, 2023 | msn.comStephens & Co. Maintains Third Coast Bancshares (TCBX) Overweight RecommendationJuly 29, 2023 | finance.yahoo.comShould You Be Adding Third Coast Bancshares (NASDAQ:TCBX) To Your Watchlist Today?July 28, 2023 | msn.comRaymond James Upgrades Third Coast Bancshares (TCBX)July 28, 2023 | finance.yahoo.comThird Coast Bancshares Appoints David Phelps to Board of DirectorsSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 27, 2023 | theglobeandmail.comTHIRD COAST BANCSHARES, INC. REPORTS SECOND QUARTER 2023 FINANCIAL RESULTSJuly 5, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. Announces 2023 Second Quarter Earnings Release and Conference Call ScheduleJune 8, 2023 | finance.yahoo.comThird Coast Bancshares (NASDAQ:TCBX) shareholders have endured a 32% loss from investing in the stock a year agoJune 1, 2023 | finance.yahoo.comThird Coast Bank Hosts Grand Opening for New Plano BranchMay 23, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Third Coast Bancshares (TCBX)May 10, 2023 | finance.yahoo.comPositive Signs As Multiple Insiders Buy Third Coast Bancshares StockMay 10, 2023 | finance.yahoo.comChief Financial Officer of Third Coast Bancshares Picks Up 2.4% More Stock \May 10, 2023 | finance.yahoo.comPositive Signs As Multiple Insiders Buy Third Coast Bancshares Stock \April 28, 2023 | msn.comStephens & Co. Reiterates Third Coast Bancshares (TCBX) Overweight RecommendationApril 28, 2023 | finance.yahoo.comQ1 2023 Third Coast Bancshares Inc Earnings CallApril 28, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. Celebrates Arbor Day with 2nd Annual Tree Planting CampaignApril 27, 2023 | finanznachrichten.deThird Coast Bancshares, Inc. Reports 2023 First Quarter Financial ResultsApril 26, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX) Q1 Earnings and Revenues Beat EstimatesApril 25, 2023 | msn.comPreview: Third Coast Bancshares's EarningsApril 20, 2023 | finance.yahoo.comEarnings Preview: First Guaranty Bancshares (FGBI) Q1 Earnings Expected to DeclineApril 19, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseApril 12, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. Announces 2023 First Quarter Earnings Release and Conference Call ScheduleMarch 17, 2023 | finance.yahoo.comRegions Financial (RF) Moves 5.4% Higher: Will This Strength Last?See More Headlines Receive TCBX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Third Coast Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address TCBX Company Calendar Last Earnings7/26/2023Today9/28/2023Next Earnings (Estimated)10/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Savings institutions, except federal Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:TCBX CUSIPN/A CIK1781730 Webwww.tcbssb.com Phone281-446-7000FaxN/AEmployees377Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+32.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.01 Trailing P/E Ratio8.61 Forward P/E Ratio8.40 P/E GrowthN/ANet Income$18.66 million Net Margins14.55% Pretax Margin18.05% Return on Equity8.42% Return on Assets0.86% Debt Debt-to-Equity RatioN/A Current Ratio1.02 Quick Ratio1.02 Sales & Book Value Annual Sales$161.17 million Price / Sales1.46 Cash Flow$1.31 per share Price / Cash Flow13.18 Book Value$28.21 per share Price / Book0.61Miscellaneous Outstanding Shares13,610,000Free Float12,328,000Market Cap$235.59 million OptionableNot Optionable Beta0.43 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Bart O. Caraway CPA (Age 52)Chairman, Pres & CEO Comp: $1.28MMr. R. John McWhorter (Age 58)Chief Financial Officer Comp: $685.34kMs. Audrey A. Duncan (Age 58)Sr. EVP & Chief Credit Officer Comp: $602.56kMr. Michael Deckert (Age 46)Exec. VP & COO Ms. Vicki Alexander (Age 57)Exec. VP & Chief Risk and Compliance Officer Mr. William Bobbora (Age 55)Exec. VP & Chief Banking Officer Mr. Andrew NovariniExec. VP & Pres of Community BankingMr. Christopher S. Peacock (Age 58)Exec. VP & Chief Retail Officer Ms. Sarah NathoTreasurerJo Ann DeanSec.More ExecutivesKey CompetitorsFS BancorpNASDAQ:FSBWNortheast Community BancorpNASDAQ:NECBHome BancorpNASDAQ:HBCPTimberland BancorpNASDAQ:TSBKBlue Foundry BancorpNASDAQ:BLFYView All CompetitorsInsiders & InstitutionsBarclays PLCSold 3,383 shares on 9/21/2023Ownership: 0.023%William BobboraBought 1,000 shares on 8/17/2023Total: $20,020.00 ($20.02/share)Alliancebernstein L.P.Bought 34,341 shares on 8/15/2023Ownership: 2.171%Goldman Sachs Group Inc.Bought 11,201 shares on 8/15/2023Ownership: 0.082%Royal Bank of CanadaBought 603 shares on 8/15/2023Ownership: 0.044%View All Insider TransactionsView All Institutional Transactions TCBX Stock - Frequently Asked Questions Should I buy or sell Third Coast Bancshares stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Third Coast Bancshares in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TCBX shares. View TCBX analyst ratings or view top-rated stocks. What is Third Coast Bancshares' stock price forecast for 2023? 3 Wall Street analysts have issued 12-month price objectives for Third Coast Bancshares' shares. Their TCBX share price forecasts range from $22.00 to $24.00. On average, they anticipate the company's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price. View analysts price targets for TCBX or view top-rated stocks among Wall Street analysts. How have TCBX shares performed in 2023? Third Coast Bancshares' stock was trading at $18.43 at the beginning of the year. Since then, TCBX shares have decreased by 6.1% and is now trading at $17.31. View the best growth stocks for 2023 here. When is Third Coast Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. View our TCBX earnings forecast. How were Third Coast Bancshares' earnings last quarter? Third Coast Bancshares, Inc. (NASDAQ:TCBX) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.03. The business earned $36.38 million during the quarter, compared to analysts' expectations of $35.85 million. Third Coast Bancshares had a trailing twelve-month return on equity of 8.42% and a net margin of 14.55%. How often does Third Coast Bancshares pay dividends? What is the dividend yield for Third Coast Bancshares? Third Coast Bancshares announced an annual dividend on Thursday, March 16th. Investors of record on Friday, March 31st will be paid a dividend of $16.875 per share on Monday, April 17th. The ex-dividend date of this dividend is Thursday, March 30th. Read our dividend analysis for TCBX. When did Third Coast Bancshares IPO? (TCBX) raised $88 million in an initial public offering on Tuesday, November 9th 2021. The company issued 3,500,000 shares at a price of $24.00-$26.00 per share. What is Third Coast Bancshares' stock symbol? Third Coast Bancshares trades on the NASDAQ under the ticker symbol "TCBX." Who are Third Coast Bancshares' major shareholders? Third Coast Bancshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.27%), Alliancebernstein L.P. (2.17%), Geode Capital Management LLC (1.82%), State Street Corp (1.40%), Kennedy Capital Management LLC (1.40%) and BHZ Capital Management LP (0.69%). Insiders that own company stock include Audrey Duncan, Dennis Bonnen, Martin Basaldua, Michael Deckert, Richard J Mcwhorter, Vicki Alexander and William Bobbora. View institutional ownership trends. How do I buy shares of Third Coast Bancshares? Shares of TCBX 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. Compare Top Brokerages Here. What is Third Coast Bancshares' stock price today? One share of TCBX stock can currently be purchased for approximately $17.31. How much money does Third Coast Bancshares make? Third Coast Bancshares (NASDAQ:TCBX) has a market capitalization of $235.59 million and generates $161.17 million in revenue each year. The company earns $18.66 million in net income (profit) each year or $2.01 on an earnings per share basis. How many employees does Third Coast Bancshares have? The company employs 377 workers across the globe. How can I contact Third Coast Bancshares? The official website for the company is www.tcbssb.com. The company can be reached via phone at 281-446-7000 or via email at gkimbrell@tcbssb.com. 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