Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Given Average Rating of “Reduce” by Brokerages – Notice Global Online

Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Free Report) has conventional an cipher judgement of “Reduce” from the cardinal brokerages that are currently concealment the company, MarketBeat reports. Four equities investigate analysts hit rated the hit with a delude recommendation, heptad hit issued a stop congratulations and digit hit appointed a acquire congratulations to the company. The cipher 1-year toll neutral among analysts that hit issued ratings on the hit in the terminal assemblage is $65.19.

A sort of equities investigate analysts hit issued reports on the stock. Royal Bank of Canada revilement their direct toll on shares of Texas Capital Bancshares from $68.00 to $66.00 and ordered a “sector perform” judgement for the consort in a investigate inform on Tuesday, Apr 9th. JPMorgan Chase & Co. accumulated their direct toll on shares of Texas Capital Bancshares from $63.00 to $70.00 and gave the hit an “underweight” judgement in a investigate inform on Tuesday. Citigroup reiterated a “sell” judgement and issued a $60.00 direct toll on shares of Texas Capital Bancshares in a investigate inform on Monday. Keefe, Bruyette & Woods revilement their toll direct on shares of Texas Capital Bancshares from $76.00 to $74.00 and ordered an “outperform” judgement on the hit in a inform on Monday, Apr 22nd. Finally, Stephens raised their direct toll on shares of Texas Capital Bancshares from $73.00 to $75.00 and gave the hit an “overweight” judgement in a inform on Friday, July 19th.

Check Out Our Latest Report on Texas Capital Bancshares

Texas Capital Bancshares Price Performance

NASDAQ TCBI unsealed at $67.31 on Wednesday. The concern has a mart estimation of $3.11 billion, a PE ratio of 20.40, a P/E/G ratio of 1.68 and a beta of 1.15. Texas Capital Bancshares has a 12 punctuation baritone of $52.89 and a 12 punctuation broad of $72.07. The consort has a debt-to-equity ratio of 0.23, a underway ratio of 1.00 and a hurried ratio of 0.99. The company’s 50 punctuation ultimate agitated cipher is $60.80 and its 200 punctuation ultimate agitated cipher is $60.22.

Texas Capital Bancshares (NASDAQ:TCBI – Get Free Report) terminal issued its earnings results on Thursday, July 18th. The slope reportable $0.80 earnings per deal for the quarter, absent analysts’ consensus estimates of $0.86 by ($0.06). The playing had income of $472.49 meg for the quarter, compared to the consensus judge of $268.02 million. Texas Capital Bancshares had a convey on justness of 6.05% and a gain edge of 8.08%. During the aforementioned lodge in the preceding year, the playing posted $1.33 earnings per share. As a group, equities investigate analysts prognosticate that Texas Capital Bancshares module place 3.5 EPS for the underway playing year.

Insiders Place Their Bets

In attendant news, Director Robert W. Stallings bought 3,000 shares of the company’s hit in a dealings on Wednesday, May 22nd. The hit was bought at an cipher outlay of $19.36 per share, with a amount continuance of $58,080.00. Following the termination of the purchase, the administrator today owns 169,706 shares in the company, valued at roughly $3,285,508.16. The acquisition was unconcealed in a jural filing with the SEC, which is acquirable at this hyperlink. In attendant news, Director parliamentarian W. Stallings bought 3,000 shares of the company’s hit in a dealings on Wednesday, May 22nd. The hit was bought at an cipher outlay of $19.36 per share, with a amount continuance of $58,080.00. Following the termination of the purchase, the administrator today owns 169,706 shares in the company, valued at roughly $3,285,508.16. The acquisition was unconcealed in a jural filing with the SEC, which is acquirable at this hyperlink. Also, Director Robert W. Stallings bought 6,000 shares of the company’s hit in a dealings on Monday, May 20th. The hit was bought at an cipher outlay of $19.52 per share, with a amount continuance of $117,120.00. Following the termination of the purchase, the administrator today owns 163,706 shares of the company’s stock, valued at roughly $3,195,541.12. The revealing for this acquire crapper be institute here. Over the terminal threesome months, insiders purchased 15,004 shares of consort hit valued at $292,878. Insiders possess 0.99% of the company’s stock.

Institutional Investors Weigh In On Texas Capital Bancshares

A sort of institutionalised investors and inclose assets hit fresh restricted their holdings of the business. SummerHaven Investment Management LLC grew its holdings in Texas Capital Bancshares by 1.4% during the ordinal quarter. SummerHaven Investment Management LLC today owns 13,134 shares of the bank’s hit valued at $849,000 after purchase an added 175 shares during the period. Retirement Systems of Muskogean grew its holdings in Texas Capital Bancshares by 0.3% during the ordinal quarter. Retirement Systems of Muskogean today owns 60,143 shares of the bank’s hit valued at $3,887,000 after purchase an added 208 shares during the period. CWM LLC grew its holdings in Texas Capital Bancshares by 40.8% during the ordinal quarter. CWM LLC today owns 949 shares of the bank’s hit valued at $58,000 after purchase an added 275 shares during the period. ProShare Advisors LLC grew its holdings in Texas Capital Bancshares by 3.3% during the prototypal quarter. ProShare Advisors LLC today owns 10,804 shares of the bank’s hit valued at $665,000 after purchase an added 344 shares during the period. Finally, Headlands Technologies LLC grew its holdings in Texas Capital Bancshares by 41.9% during the ordinal quarter. Headlands Technologies LLC today owns 1,613 shares of the bank’s hit valued at $104,000 after purchase an added 476 shares during the period. 96.88% of the hit is owned by institutionalised investors.

Texas Capital Bancshares Company Profile

(Get Free Report

Texas Capital Bancshares, Inc operates as the slope retentive consort for Texas Capital Bank, is a full-service playing services concern that delivers bespoken solutions to businesses, entrepreneurs, and individualist customers. The consort offers advertizement banking; consumer banking; assets banking solutions, including top markets, mergers and acquisitions, and syndicated finance, as substantially as playing advocator coverage, top solutions, and institutionalised services; and riches direction services, much as assets management, playing planning, deedbox and insurance, securities-based lending, realty planning, and playing succession, as substantially as philanthropic, fiduciary and executor, bespoken credit, and installation services.

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