Analysts See $1.52 EPS for Texas Capital Bancshares, Inc. (TCBI)

June 13, 2018 - By Sophie Menendez

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) LogoInvestors sentiment increased to 1.06 in Q1 2018. Its up 0.06, from 1 in 2017Q4. It is positive, as 35 investors sold Texas Capital Bancshares, Inc. shares while 73 reduced holdings. 35 funds opened positions while 80 raised stakes. 50.79 million shares or 2.42% more from 49.59 million shares in 2017Q4 were reported.
Fisher Asset Mngmt Ltd Limited Liability Company holds 0.05% or 518,427 shares in its portfolio. Frontier Cap Limited holds 392,167 shares or 0.26% of its portfolio. Signature Finance Mgmt Incorporated has 0.04% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 2,250 shares. Teachers Retirement System Of The State Of Kentucky stated it has 9,602 shares. Los Angeles Management Equity Research accumulated 14,354 shares or 0.01% of the stock. California-based United Cap Fincl Advisers Llc has invested 0% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Clearbridge Invests Lc reported 32,083 shares or 0% of all its holdings. Raymond James Financial Advisors Inc reported 6,976 shares. Oregon Pub Employees Retirement Fund stated it has 18,596 shares. Thompson Siegel & Walmsley Ltd Com reported 134,527 shares. Rothschild Asset Mgmt holds 0.45% or 452,290 shares. Ing Groep Nv reported 3,462 shares. Exane Derivatives owns 2,912 shares or 0% of their US portfolio. Wasatch Advisors reported 1.20M shares. Mutual Of America Cap Llc invested in 0.06% or 41,031 shares.

Since January 30, 2018, it had 2 insider purchases, and 1 insider sale for $77,054 activity. TURPIN IAN J also sold $106,206 worth of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) shares. On Tuesday, January 30 the insider Huntley David S. bought $2,060.

Analysts expect Texas Capital Bancshares, Inc. (NASDAQ:TCBI) to report $1.52 EPS on July, 18.They anticipate $0.55 EPS change or 56.70 % from last quarter’s $0.97 EPS. TCBI’s profit would be $75.51M giving it 16.55 P/E if the $1.52 EPS is correct. After having $1.38 EPS previously, Texas Capital Bancshares, Inc.’s analysts see 10.14 % EPS growth. The stock decreased 0.35% or $0.35 during the last trading session, reaching $100.65. About 553,620 shares traded or 10.06% up from the average. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 28.94% since June 14, 2017 and is uptrending. It has outperformed by 16.37% the S&P500.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Ratings Coverage

Among 15 analysts covering Texas Capital Bancshares (NASDAQ:TCBI), 7 have Buy rating, 1 Sell and 7 Hold. Therefore 47% are positive. Texas Capital Bancshares had 25 analyst reports since December 21, 2017 according to SRatingsIntel. Stephens maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) rating on Monday, March 5. Stephens has “Hold” rating and $104.0 target. The rating was upgraded by Wedbush on Thursday, December 21 to “Outperform”. The firm has “Hold” rating by Hovde Group given on Monday, April 23. The rating was upgraded by Raymond James on Thursday, January 25 to “Outperform”. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) earned “Buy” rating by RBC Capital Markets on Wednesday, January 24. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, April 19. Keefe Bruyette & Woods maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Monday, February 26 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods on Wednesday, January 24 with “Hold”. Jefferies maintained the stock with “Buy” rating in Monday, January 8 report. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has “Buy” rating given on Thursday, January 25 by Bank of America.

Texas Capital Bancshares, Inc. operates as the bank holding firm for Texas Capital Bank, National Association that provides various banking services and products for commercial businesses, and professionals and entrepreneurs. The company has market cap of $5.00 billion. It offers business deposit services and products, 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. It has a 26.98 P/E ratio. The firm also provides commercial loans for general corporate purposes comprising financing for working capital, internal growth, and acquisitions, as well as financing for business insurance premiums; real estate term and construction loans; mortgage finance lending; mortgage correspondent aggregation; equipment leasing; and letters of credit.

Another recent and important Texas Capital Bancshares, Inc. (NASDAQ:TCBI) news was published by Nasdaq.com which published an article titled: “Analysis: Positioning to Benefit within Willis Towers Watson Public, MyoKardia, Texas Capital Bancshares, uniQure NV …” on June 06, 2018.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Institutional Positions Chart

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