Texas Capital Bancshares (NASDAQ:TCBI – Get Free Report) had its target price raised by analysts at TD Cowen from $103.00 to $110.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a “hold” rating on the bank’s stock. TD Cowen’s target price would indicate a potential upside of 12.67% from the company’s previous close.
Other research analysts have also issued reports about the stock. Barclays raised their price objective on shares of Texas Capital Bancshares from $90.00 to $100.00 and gave the company an “underweight” rating in a research note on Friday. Piper Sandler boosted their target price on Texas Capital Bancshares from $86.00 to $96.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Citigroup boosted their target price on Texas Capital Bancshares from $75.00 to $88.00 and gave the stock a “sell” rating in a research report on Monday. Hovde Group lifted their price target on Texas Capital Bancshares from $85.00 to $93.00 and gave the stock a “market perform” rating in a research note on Thursday, October 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Texas Capital Bancshares from $92.00 to $105.00 and gave the company an “underweight” rating in a research report on Tuesday, December 16th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $101.17.
Read Our Latest Research Report on Texas Capital Bancshares
Texas Capital Bancshares Stock Performance
Texas Capital Bancshares (NASDAQ:TCBI – Get Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The bank reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.78 by $0.30. The firm had revenue of $327.48 million during the quarter, compared to analysts’ expectations of $324.09 million. Texas Capital Bancshares had a return on equity of 10.05% and a net margin of 16.52%.During the same period in the previous year, the firm earned $1.43 EPS. As a group, equities research analysts forecast that Texas Capital Bancshares will post 5.84 earnings per share for the current year.
Insiders Place Their Bets
In other Texas Capital Bancshares news, Director Laura L. Whitley acquired 500 shares of the company’s stock in a transaction on Monday, January 26th. The stock was acquired at an average cost of $97.51 per share, with a total value of $48,755.00. Following the purchase, the director directly owned 7,961 shares of the company’s stock, valued at approximately $776,277.11. This represents a 6.70% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert W. Stallings bought 2,000 shares of Texas Capital Bancshares stock in a transaction dated Friday, January 23rd. The stock was purchased at an average cost of $20.91 per share, for a total transaction of $41,820.00. Following the purchase, the director owned 277,913 shares of the company’s stock, valued at approximately $5,811,160.83. This trade represents a 0.72% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders bought 3,000 shares of company stock valued at $139,355. Corporate insiders own 1.72% of the company’s stock.
Institutional Trading of Texas Capital Bancshares
Hedge funds have recently added to or reduced their stakes in the business. Danske Bank A S purchased a new stake in shares of Texas Capital Bancshares during the 3rd quarter worth $25,000. Farther Finance Advisors LLC lifted its position in shares of Texas Capital Bancshares by 1,381.8% during the fourth quarter. Farther Finance Advisors LLC now owns 326 shares of the bank’s stock valued at $30,000 after buying an additional 304 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Texas Capital Bancshares in the 3rd quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Texas Capital Bancshares by 169.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 391 shares of the bank’s stock valued at $35,000 after acquiring an additional 246 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in Texas Capital Bancshares in the third quarter valued at approximately $39,000. 96.88% of the stock is owned by hedge funds and other institutional investors.
More Texas Capital Bancshares News
Here are the key news stories impacting Texas Capital Bancshares this week:
- Positive Sentiment: Multiple directors bought shares, signaling insider confidence — Director Laura L. Whitley reported two recent purchases (500 shares on Jan. 23 at ~$97.56 and 500 shares on Jan. 26 at ~$97.51), increasing her position to 7,961 shares; the purchases were disclosed in SEC filings. Laura Whitley Form 4
- Positive Sentiment: Director Robert W. Stallings filed a purchase of 2,000 shares (reported Jan. 23), modestly increasing his stake to ~277,913 shares; the insider buy was disclosed in an SEC filing. Robert Stallings Form 4
- Positive Sentiment: Analysts lifted price targets this week — TD Cowen raised its target to $110 (hold) and Hovde Group raised its target to $102 (market perform), while other coverage shows targets near the $104 area; higher targets can support upside expectations. TD Cowen / Benzinga Hovde notice
- Neutral Sentiment: Company declared the regular dividend on its Series B preferred depositary shares (TCBIO): $14.375 per preferred share (equivalent to $0.359375 per depositary share), payable Mar. 16 to holders of record Mar. 2 — relevant to preferred investors and indicative of capital allocation discipline. Dividend announcement
- Neutral Sentiment: Research coverage and media pieces (Zacks, MSN/feature write‑ups) are highlighting TCBI as a top value/momentum candidate, which can attract attention from growth and value-focused investors but does not change fundamentals by itself. Zacks momentum Zacks value
About Texas Capital Bancshares
Texas Capital Bancshares, Inc is a bank holding company headquartered in Dallas, Texas, operating through its wholly owned subsidiary, Texas Capital Bank. The company specializes in providing commercial banking services to middle-market companies, entrepreneurs, professional service firms, real estate developers, and not-for-profit organizations. Its broad range of offerings includes commercial lending, treasury and cash management, real estate finance, equipment finance, and energy lending, all designed to address the unique financial needs of businesses navigating growth and market challenges.
In addition to its core commercial banking capabilities, Texas Capital Bancshares delivers private banking and wealth management services for business owners and high-net-worth individuals.
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