Analysts See $1.73 EPS for Texas Capital Bancshares, Inc. (TCBI)

September 25, 2018 - By Frank Plummer

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) LogoInvestors sentiment increased to 1.27 in Q2 2018. Its up 0.21, from 1.06 in 2018Q1. It increased, as 17 investors sold Texas Capital Bancshares, Inc. shares while 79 reduced holdings. 45 funds opened positions while 77 raised stakes. 51.38 million shares or 1.17% more from 50.79 million shares in 2018Q1 were reported.
Gsa Ptnrs Ltd Liability Partnership invested in 6,845 shares. The New York-based Engineers Gate Manager Lp has invested 0.2% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Retirement Of Alabama reported 64,322 shares stake. Moreover, Vanguard Grp Incorporated has 0.02% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 4.43M shares. Geode Management Ltd Liability Com accumulated 0.01% or 464,301 shares. Lord Abbett And Limited Liability has invested 0.11% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Pub Employees Retirement Association Of Colorado invested 0.13% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Eagle Boston Invest Mngmt Inc reported 50,435 shares. Moreover, Ftb Inc has 0% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Amp Cap Ltd invested in 0.02% or 40,520 shares. Aperio Grp Ltd Liability Corporation holds 13,910 shares. Wasatch Advisors accumulated 980,171 shares. Guggenheim Llc has 19,167 shares. Tci Wealth Advisors has 0% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Clearbridge Invests reported 31,405 shares or 0% of all its holdings.

Since August 24, 2018, it had 0 insider buys, and 1 insider sale for $495,079 activity.

Analysts expect Texas Capital Bancshares, Inc. (NASDAQ:TCBI) to report $1.73 EPS on October, 17.They anticipate $0.61 EPS change or 54.46 % from last quarter’s $1.12 EPS. TCBI’s profit would be $86.78 million giving it 12.50 P/E if the $1.73 EPS is correct. After having $1.38 EPS previously, Texas Capital Bancshares, Inc.’s analysts see 25.36 % EPS growth. The stock decreased 2.26% or $2 during the last trading session, reaching $86.5. About 317,414 shares traded. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 13.47% since September 25, 2017 and is uptrending. It has underperformed by 2.15% the S&P500.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Ratings Coverage

Among 9 analysts covering Texas Capital Bancshares (NASDAQ:TCBI), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Texas Capital Bancshares had 9 analyst reports since April 19, 2018 according to SRatingsIntel. The rating was maintained by Stephens with “Hold” on Thursday, April 19. The firm has “Outperform” rating given on Thursday, July 19 by Wedbush. On Thursday, April 19 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by Keefe Bruyette & Woods on Wednesday, April 18 with “Hold”. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) earned “Buy” rating by Jefferies on Thursday, April 19. The rating was upgraded by PiperJaffray to “Overweight” on Thursday, April 19. The firm has “Hold” rating by Deutsche Bank given on Friday, May 4. As per Wednesday, April 18, the company rating was maintained by SunTrust. Hovde Group maintained the shares of TCBI in report on Monday, April 23 with “Hold” rating.

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 $4.34 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 18.33 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.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Institutional Positions Chart

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