Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Texas Capital Bancshares Inc Market Cap
The Texas Capital Bancshares Inc (TCBI) share price is expected to decrease by 4.38% over the next year. This is based on calculating the average 12-month share price estimate provided by 18 stock analysts who have covered TCBI. Price targets range from $47 at the low end to $77 at the high end. The current analyst consensus for TCBI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Texas Capital Bancshares Inc has a total of 18 Wall St Analyst ratings. There are 5 buy ratings, 13 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Texas Capital Bancshares Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of TCBI.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Michael Rose Raymond James | Outperform | $78 | Upgrade | Sep 17, 2024 |
| Brandon Berman B of A Securities | Buy | $77 | Upgrade | Sep 9, 2024 |
| Gary Tenner DA Davidson | Neutral | $74 | Maintains | Sep 9, 2024 |
| Anthony Elian JP Morgan | Underweight | $73 | Maintains | Sep 9, 2024 |
| Wood Lay Keefe, Bruyette & Woods | Outperform | $74 | Maintains | Sep 9, 2024 |
| Steven Alexopoulos JP Morgan | Underweight | $70 | Maintains | Jul 23, 2024 |
| Ben Gerlinger Citigroup | Sell | $60 | Downgrade | Jul 22, 2024 |
| Brandon King Truist Securities | Hold | $70 | Maintains | Jul 22, 2024 |
| Matt Olney Stephens & Co. | Overweight | $75 | Maintains | Jul 19, 2024 |
| David Chiaverini Wedbush | Neutral | $70 | Maintains | Jul 19, 2024 |
| Brandon King Truist Securities | Hold | $62 | Maintains | Jul 8, 2024 |
| Casey Haire Jefferies | Hold | $61 | Maintains | Jul 3, 2024 |
| Brandon King Truist Securities | Hold | $61 | Maintains | Apr 22, 2024 |
| Wood Lay Keefe, Bruyette & Woods | Outperform | $74 | Maintains | Apr 22, 2024 |
| David Chiaverini Wedbush | Neutral | $61 | Maintains | Apr 19, 2024 |
| Matt Olney Stephens & Co. | Overweight | $73 | Maintains | Apr 19, 2024 |
| Jon Arfstrom RBC Capital | Sector Perform | $66 | Maintains | Apr 9, 2024 |
| Casey Haire Jefferies | Hold | $61 | Maintains | Apr 8, 2024 |
| Michael Rose Raymond James | Market Perform | Downgrade | Apr 4, 2024 | |
| Steven Alexopoulos JP Morgan | Underweight | $65 | Maintains | Apr 4, 2024 |
When did it IPO
2003
Staff Count
1,987
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Robert C. Holmes
Market Cap
$3.32B
In 2023, TCBI generated $1.08B in revenue, which was a increase of 10.11% from the previous year. This can be seen as a signal that TCBI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 09 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - TCBI reports progress on its strategic plan initiated in September 2021, indicating positive advancement toward its performance objectives.
Why It Matters - TCBI's progress on its strategic plan suggests strong operational performance, potentially leading to improved financial results and increased investor confidence.
Fri, 06 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - The firm reports notable progress in its enterprise-wide transformation, achieving key financial and strategic targets three years into the process.
Why It Matters - Progress in financial and strategic targets indicates improved operational efficiency and potential for growth, which could enhance shareholder value and attract investment interest.
Tue, 27 Aug 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - U.S. stocks ended mixed on Monday, with several significant insider trades reported.
Why It Matters - Notable insider trades can signal confidence or concern about a company's future, influencing stock performance and guiding investor decisions.
Mon, 05 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Texas Capital Bancshares launched its Texas Capital Direct Lending platform, led by Tim Laczkowski, to provide non-bank private capital to the middle market, enhancing its Corporate & Investment Bank services.
Why It Matters - The launch of Texas Capital's Direct Lending Fund expands its service offerings, potentially increasing revenue and attracting new clients, which can positively impact stock performance.
Tue, 06 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Texas Capital's TCDL will integrate with Texas Financing's Corporate & Investment Bank, enhancing client access to a wider array of financing solutions.
Why It Matters - Texas Capital's integration with Texas Financing enhances its financing offerings, potentially attracting more clients and increasing revenue, which can positively impact TCBI's stock performance.
Thu, 01 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - A $510,000 grant from the FHLB Dallas will support a 34-unit affordable housing project for veterans in Waco, Texas, facilitated by Solutions for Veterans and Texas Capital.
Why It Matters - The $510,000 grant for affordable housing enhances community investment and could boost local economies, positively impacting real estate values and related sectors.
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