DA Davidson Has Negative Outlook of TCBI FY2025 Earnings

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) – Stock analysts at DA Davidson decreased their FY2025 earnings estimates for shares of Texas Capital Bancshares in a research report issued to clients and investors on Monday, April 21st. DA Davidson analyst P. Winter now forecasts that the bank will post earnings of $5.53 per share for the year, down from their prior estimate of $5.74. DA Davidson has a “Neutral” rating and a $76.00 price objective on the stock. The consensus estimate for Texas Capital Bancshares’ current full-year earnings is $5.84 per share. DA Davidson also issued estimates for Texas Capital Bancshares’ FY2026 earnings at $6.40 EPS.

A number of other brokerages have also recently commented on TCBI. Piper Sandler reduced their target price on shares of Texas Capital Bancshares from $84.00 to $74.00 and set a “neutral” rating for the company in a report on Monday. Stephens reduced their price objective on Texas Capital Bancshares from $95.00 to $90.00 and set an “overweight” rating for the company in a research note on Monday. Hovde Group lowered their target price on Texas Capital Bancshares from $84.00 to $75.00 and set a “market perform” rating on the stock in a research report on Monday. StockNews.com raised Texas Capital Bancshares from a “sell” rating to a “hold” rating in a report on Friday, January 31st. Finally, Barclays decreased their price objective on Texas Capital Bancshares from $73.00 to $70.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 8th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Texas Capital Bancshares currently has an average rating of “Hold” and an average price target of $76.64.

Texas Capital Bancshares Trading Up 2.6 %

Texas Capital Bancshares stock opened at $65.89 on Wednesday. The business has a 50-day simple moving average of $72.57 and a two-hundred day simple moving average of $77.98. Texas Capital Bancshares has a 52-week low of $56.24 and a 52-week high of $91.80. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.22. The company has a market cap of $3.04 billion, a P/E ratio of 51.48, a P/E/G ratio of 0.75 and a beta of 0.74.

Texas Capital Bancshares (NASDAQ:TCBI) last issued its quarterly earnings data on Thursday, April 17th. The bank reported $0.92 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.07). Texas Capital Bancshares had a return on equity of 9.14% and a net margin of 3.99%. The firm had revenue of $280.48 million during the quarter, compared to the consensus estimate of $284.40 million.

Insider Activity

In related news, Director Robert W. Stallings acquired 7,000 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was acquired at an average price of $21.10 per share, with a total value of $147,700.00. Following the acquisition, the director now directly owns 202,413 shares of the company’s stock, valued at approximately $4,270,914.30. This trade represents a 3.58 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Insiders have purchased a total of 29,402 shares of company stock worth $653,787 over the last quarter. Insiders own 1.72% of the company’s stock.

Institutional Investors Weigh In On Texas Capital Bancshares

A number of hedge funds have recently made changes to their positions in the company. Amalgamated Bank increased its stake in Texas Capital Bancshares by 0.8% in the 4th quarter. Amalgamated Bank now owns 20,791 shares of the bank’s stock worth $1,626,000 after acquiring an additional 166 shares during the last quarter. Moody National Bank Trust Division increased its position in Texas Capital Bancshares by 1.5% in the first quarter. Moody National Bank Trust Division now owns 17,626 shares of the bank’s stock worth $1,317,000 after purchasing an additional 255 shares during the last quarter. Xponance Inc. raised its stake in Texas Capital Bancshares by 4.8% during the fourth quarter. Xponance Inc. now owns 6,569 shares of the bank’s stock valued at $514,000 after purchasing an additional 300 shares in the last quarter. Savant Capital LLC lifted its position in Texas Capital Bancshares by 5.7% during the fourth quarter. Savant Capital LLC now owns 5,604 shares of the bank’s stock valued at $438,000 after purchasing an additional 303 shares during the last quarter. Finally, Beacon Pointe Advisors LLC grew its stake in shares of Texas Capital Bancshares by 1.9% in the 4th quarter. Beacon Pointe Advisors LLC now owns 18,825 shares of the bank’s stock worth $1,472,000 after buying an additional 350 shares in the last quarter. 96.88% of the stock is currently owned by hedge funds and other institutional investors.

About Texas Capital Bancshares

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.