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

September 16, 2018 - By Victoria Pittman

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) LogoInvestors sentiment increased to 1.27 in 2018 Q2. 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.
Metropolitan Life Insurance Co Ny stated it has 0% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Hanseatic Mgmt Serv Inc stated it has 12 shares. Jacobs Asset Ltd Llc holds 55,000 shares or 0.9% of its portfolio. State Treasurer State Of Michigan owns 18,300 shares. State Teachers Retirement Systems stated it has 82,300 shares. Coldstream Capital Mngmt invested in 0.04% or 3,981 shares. Wolverine Asset Ltd Llc has invested 0.09% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). 11,500 were reported by Cap Fund Mgmt Sa. Secor Advsr L P invested 0.11% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Glenmede Trust Communication Na owns 0% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 205 shares. State Bank, a Missouri-based fund reported 9,346 shares. Voya Mngmt Limited Company accumulated 0.07% or 371,824 shares. Raymond James Advisors reported 6,366 shares. Morgan Stanley holds 114,266 shares. 45,011 were accumulated by Maltese Cap Mngmt.

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 12.57 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 increased 0.35% or $0.3 during the last trading session, reaching $87. About 245,777 shares traded. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 13.47% since September 16, 2017 and is uptrending. It has underperformed by 2.15% the S&P500.

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

Among 10 analysts covering Texas Capital Bancshares (NASDAQ:TCBI), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. Texas Capital Bancshares had 10 analyst reports since March 21, 2018 according to SRatingsIntel. The rating was upgraded by PiperJaffray to “Overweight” on Thursday, April 19. Hovde Group maintained it with “Hold” rating and $10500 target in Monday, April 23 report. On Thursday, April 19 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, April 18. Stephens maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Thursday, April 19 with “Hold” rating. The company was initiated on Wednesday, March 21 by UBS. Deutsche Bank maintained the shares of TCBI in report on Friday, May 4 with “Hold” rating. The firm has “Buy” rating given on Wednesday, April 18 by SunTrust. The company was maintained on Thursday, April 19 by RBC Capital Markets. On Thursday, July 19 the stock rating was maintained by Wedbush with “Outperform”.

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 $4.36 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 18.44 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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