NASDAQ:TSC - Tristate Capital Stock Price, Forecast & News

Tristate Capital trades on the NASDAQ under the ticker symbol "TSC."

Tristate Capital announced that its board has approved a stock repurchase plan on Thursday, January 25th 2018, which allows the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Tristate Capital Holdings Inc (NASDAQ:TSC) released its quarterly earnings results on Wednesday, October, 16th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.07. The financial services provider had revenue of $46.56 million for the quarter, compared to analyst estimates of $45.39 million. Tristate Capital had a net margin of 19.84% and a return on equity of 13.05%. View Tristate Capital's Earnings History.

Tristate Capital is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Tristate Capital.

5 analysts have issued twelve-month price objectives for Tristate Capital's stock. Their forecasts range from $24.00 to $28.00. On average, they expect Tristate Capital's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for Tristate Capital.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tristate Capital in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tristate Capital.

Media headlines about TSC stock have been trending very negative on Saturday, InfoTrie reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tristate Capital earned a daily sentiment score of -3.6 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Tristate Capital.

Tristate Capital saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,570,000 shares, an increase of 22.7% from the October 31st total of 1,280,000 shares. Based on an average daily volume of 113,800 shares, the short-interest ratio is currently 13.8 days. Approximately 6.5% of the company's stock are sold short. View Tristate Capital's Current Options Chain.

Some companies that are related to Tristate Capital include Columbia Banking System (COLB), International Bancshares (IBOC), First Interstate Bancsystem (FIBK), Independent Bank Group (IBTX), United Community Banks (UCBI), First Bancorp (FBP), Hilltop (HTH), Renasant (RNST), TowneBank (TOWN), Great Western Bancorp (GWB), ServisFirst Bancshares (SFBS), Pacific Premier Bancorp (PPBI), Banner (BANR), Heartland Financial USA (HTLF) and Eagle Bancorp (EGBN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tristate Capital investors own include Energy Transfer LP Unit (ET), Netflix (NFLX), Ford Motor (F), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), CBL & Associates Properties (CBL), Cornerstone Strategic Value Fund (CLM), Baidu (BIDU) and Frontier Communications (FTR).

Tristate Capital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (1.97%), Stephens Inc. AR (0.66%), NBW Capital LLC (0.25%), Mackay Shields LLC (0.20%), Chicago Equity Partners LLC (0.16%) and California State Teachers Retirement System (0.13%). Company insiders that own Tristate Capital stock include Brian S Fetterolf, David J Demas, David L Bonvenuto, Helen Hanna Casey, James E Minnick, James F Getz, James J Dolan, John B Yasinsky, Lovell Minnick Partners Llc, Richard B Seidel and Timothy J Riddle. View Institutional Ownership Trends for Tristate Capital.

TSC stock was sold by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, State Street Corp, SG Americas Securities LLC, Mackay Shields LLC, Stephens Inc. AR, Creative Planning, NBW Capital LLC and First Trust Advisors LP. Company insiders that have sold Tristate Capital company stock in the last year include Brian S Fetterolf and James F Getz. View Insider Buying and Selling for Tristate Capital.

TSC stock was acquired by a variety of institutional investors in the last quarter, including Carroll Financial Associates Inc., Rhumbline Advisers, California Public Employees Retirement System, Virginia Retirement Systems ET AL and California State Teachers Retirement System. Company insiders that have bought Tristate Capital stock in the last two years include Brian S Fetterolf, David J Demas, David L Bonvenuto, Helen Hanna Casey, James F Getz, James J Dolan, Richard B Seidel and Timothy J Riddle. View Insider Buying and Selling for Tristate Capital.

Shares of TSC 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.

One share of TSC stock can currently be purchased for approximately $24.86.

Tristate Capital has a market capitalization of $728.50 million and generates $247.70 million in revenue each year. The financial services provider earns $54.42 million in net income (profit) each year or $1.73 on an earnings per share basis. Tristate Capital employs 257 workers across the globe.View Additional Information About Tristate Capital.

The official website for Tristate Capital is http://www.tristatecapitalbank.com/.

Tristate Capital's mailing address is ONE OXFORD CENTRE 301 GRANT STREET SUITE 2700, PITTSBURGH PA, 15219. The financial services provider can be reached via phone at 412-304-0304 or via email at [email protected]