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

June 13, 2018 - By Nicole Peterson

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) LogoInvestors sentiment increased to 1.06 in 2018 Q1. 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.
Hodges Mgmt Inc invested in 2,230 shares. Eagle Asset Mgmt has 887,605 shares. 8,449 are held by Verition Fund Mgmt Lc. Shelton Management accumulated 3,508 shares. Blackrock stated it has 0.02% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Asset accumulated 2,546 shares. Fortaleza Asset Management Inc owns 2,720 shares. Jpmorgan Chase And Communications invested in 691,279 shares or 0.01% of the stock. Bokf Na reported 0.01% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Principal Financial Group Inc Incorporated has 0.02% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 215,393 shares. Gemmer Asset Management Limited Liability holds 0% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 108 shares. Prudential Fincl has 0% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Pnc Finance Svcs has 6,838 shares. State Street Corp has invested 0.03% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Tiaa Cref Invest Mgmt Ltd Co has 121,516 shares.

Since January 30, 2018, it had 2 insider purchases, and 1 sale for $77,054 activity. 1,186 shares were sold by TURPIN IAN J, worth $106,206 on Friday, March 2. The insider CARGILL C KEITH bought 2,000 shares worth $181,200.

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. Keefe Bruyette & Woods maintained the shares of TCBI in report on Wednesday, April 18 with “Hold” rating. The company was maintained on Monday, February 26 by Keefe Bruyette & Woods. Barclays Capital maintained it with “Hold” rating and $103.0 target in Tuesday, January 2 report. The stock has “Hold” rating by Stephens on Monday, March 5. Stephens maintained it with “Hold” rating and $10500 target in Thursday, April 19 report. The company was initiated on Wednesday, March 21 by UBS. As per Thursday, January 25, the company rating was maintained by Hovde Group. The rating was upgraded by Wedbush to “Outperform” on Thursday, December 21. As per Monday, January 8, the company rating was maintained by SunTrust. The rating was maintained by RBC Capital Markets on Thursday, April 19 with “Buy”.

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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