The Texas Capital Bancshares Inc (TCBI) share price is expected to increase by 0.75% 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 $49 at the low end to $80 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 |
---|---|---|---|---|
David Chiaverini Wedbush | Neutral | $77 | Maintains | Sep 24, 2024 |
Brandon King Truist Securities | Hold | $80 | Maintains | Sep 20, 2024 |
Michael Rose Raymond James | Outperform | $78 | Upgrade | Sep 17, 2024 |
Anthony Elian JP Morgan | Underweight | $73 | Maintains | Sep 9, 2024 |
Gary Tenner DA Davidson | Neutral | $74 | Maintains | Sep 9, 2024 |
Wood Lay Keefe, Bruyette & Woods | Outperform | $74 | Maintains | Sep 9, 2024 |
Brandon Berman B of A Securities | Buy | $77 | Upgrade | Sep 9, 2024 |
Steven Alexopoulos JP Morgan | Underweight | $70 | Maintains | Jul 23, 2024 |
Brandon King Truist Securities | Hold | $70 | Maintains | Jul 22, 2024 |
Ben Gerlinger Citigroup | Sell | $60 | Downgrade | 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 |
Wood Lay Keefe, Bruyette & Woods | Outperform | $74 | Maintains | Apr 22, 2024 |
Brandon King Truist Securities | Hold | $61 | 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 |
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
$3.33B
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
Summary - TCBI reports progress on its strategic plan announced in September 2021, indicating advancement towards its performance goals.
Why It Matters - TCBI's progress on its strategic plan signals strong operational performance, potentially boosting investor confidence and impacting stock valuation positively.
Summary - The firm is three years into its enterprise-wide transformation and has reported significant progress toward its financial and strategic targets.
Why It Matters - The firm's significant progress in its transformation indicates improved operational efficiency and potential for future profitability, positively impacting investor confidence and stock performance.
Summary - U.S. stocks closed mixed on Monday, with several significant insider trades reported.
Why It Matters - Mixed stock performance combined with notable insider trades may signal insider confidence or concern, potentially influencing market sentiment and investment strategies.
Summary - Texas Capital Bancshares has launched its Texas Capital Direct Lending platform, led by Tim Laczkowski, to offer 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 platform expands its service offerings, potentially increasing revenue and client base, which could positively impact stock performance and investor sentiment.
Summary - Texas Capital's TCDL will merge with Texas Financing's Corporate & Investment Bank, enhancing client access to a wider array of financing solutions.
Why It Matters - Texas Capital's integration into Texas Financing enhances service offerings, potentially increasing client acquisition and revenue growth, positively impacting stock performance and investor confidence.
Summary - The Federal Home Loan Bank of Dallas has awarded a $510,000 grant for a 34-efficiency unit affordable housing project for veterans in Waco, Texas, funded through Texas Capital.
Why It Matters - The $510,000 grant for veteran housing indicates government support for affordable housing, potentially boosting local economies and attracting investors interested in socially responsible projects.