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

June 15, 2018 - By Michael Lara

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) LogoInvestors sentiment increased to 1.06 in Q1 2018. Its up 0.06, from 1 in 2017Q4. It improved, 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.
Maltese Cap Ltd Liability Company holds 0.4% or 65,012 shares in its portfolio. Millennium Mgmt Ltd Limited Liability Company reported 0% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Comml Bank Of New York Mellon reported 1.10M shares. Barclays Public Limited Co has invested 0% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). California State Teachers Retirement System invested in 0.01% or 75,917 shares. Victory Cap Mngmt Inc invested in 0.09% or 464,721 shares. Pnc Fincl Services Grp reported 6,838 shares. Fortaleza Asset Incorporated reported 2,720 shares. California Employees Retirement System has invested 0.01% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). New Mexico Educational Retirement Board holds 0.05% or 13,700 shares. Art Advsrs Ltd Liability Com holds 6,475 shares. Capital Global Invsts reported 2.32M shares stake. Comerica National Bank & Trust has invested 0.08% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Koch Indus has invested 0.03% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Morgan Stanley invested in 0.01% or 285,978 shares.

Since January 30, 2018, it had 2 buys, and 1 sale for $77,054 activity. TURPIN IAN J had sold 1,186 shares worth $106,206. 21 shares were bought by Huntley David S., worth $2,060 on Tuesday, January 30.

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 16.46 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 0.60% or $0.6 during the last trading session, reaching $100.05. About 380,500 shares traded. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 28.94% since June 15, 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. The firm earned “Buy” rating on Monday, January 8 by SunTrust. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has “Buy” rating given on Wednesday, April 18 by SunTrust. The firm has “Hold” rating by Hovde Group given on Monday, April 23. Keefe Bruyette & Woods maintained the shares of TCBI in report on Monday, February 26 with “Hold” rating. The company was upgraded on Thursday, December 21 by Wedbush. The rating was maintained by Stephens on Monday, March 5 with “Hold”. Bank of America maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) rating on Thursday, January 25. Bank of America has “Buy” rating and $112 target. PiperJaffray upgraded the stock to “Overweight” rating in Thursday, April 19 report. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) earned “Hold” rating by Keefe Bruyette & Woods on Wednesday, January 24. The firm earned “Hold” rating on Friday, May 4 by Deutsche Bank.

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 $4.97 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 26.82 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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