Key Points
- Director Paola Arbour purchased 1,000 shares on March 11 at an average price of $91.50 (totaling $91,500), raising her stake to 6,671 shares—a 17.63% increase—disclosed via an SEC filing.
- Texas Capital beat expectations in the latest quarter with EPS $2.08 vs. $1.78 estimated and revenue of $327.48M, while analysts hold a consensus "Hold" rating and a $101.17 target price.
- Shares recently traded around $92.01$4.07B, a 12‑month range of $59.37–$108.92, and approximately 96.88% institutional ownership.
Texas Capital Bancshares, Inc. (NASDAQ:TCBI - Get Free Report) Director Paola Arbour acquired 1,000 shares of Texas Capital Bancshares stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average price of $91.50 per share, with a total value of $91,500.00. Following the acquisition, the director owned 6,671 shares of the company's stock, valued at approximately $610,396.50. This trade represents a 17.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Texas Capital Bancshares Stock Performance
Shares of Texas Capital Bancshares stock traded down $0.33 on Friday, hitting $92.01. The stock had a trading volume of 213,078 shares, compared to its average volume of 480,353. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 0.44 and a beta of 0.66. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.19. Texas Capital Bancshares, Inc. has a twelve month low of $59.37 and a twelve month high of $108.92. The business's 50 day moving average is $98.84 and its two-hundred day moving average is $91.43.
Texas Capital Bancshares (NASDAQ:TCBI - Get Free Report) last released its quarterly earnings results on Thursday, January 22nd. The bank reported $2.08 EPS for the quarter, topping analysts' consensus estimates of $1.78 by $0.30. Texas Capital Bancshares had a net margin of 16.52% and a return on equity of 10.05%. The business had revenue of $327.48 million for the quarter, compared to analyst estimates of $324.09 million. During the same period last year, the firm earned $1.43 earnings per share. Analysts forecast that Texas Capital Bancshares, Inc. will post 5.84 EPS for the current year.
Analysts Set New Price Targets
A number of brokerages recently issued reports on TCBI. Raymond James Financial lifted their price objective on shares of Texas Capital Bancshares from $98.00 to $105.00 and gave the company an "outperform" rating in a research note on Wednesday, January 7th. TD Cowen raised their price objective on shares of Texas Capital Bancshares from $103.00 to $110.00 and gave the company a "hold" rating in a report on Monday, January 26th. Hovde Group lifted their target price on Texas Capital Bancshares from $93.00 to $102.00 and gave the stock a "market perform" rating in a report on Tuesday, January 27th. Barclays boosted their price target on shares of Texas Capital Bancshares from $90.00 to $100.00 and gave the stock an "underweight" rating in a research report on Friday, January 23rd. Finally, Stephens boosted their price objective on Texas Capital Bancshares from $111.00 to $114.00 and gave the company an "overweight" rating in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Texas Capital Bancshares has a consensus rating of "Hold" and a consensus target price of $101.17.
Get Our Latest Report on Texas Capital Bancshares
Institutional Investors Weigh In On Texas Capital Bancshares
Large investors have recently bought and sold shares of the stock. Corient Private Wealth LLC acquired a new position in shares of Texas Capital Bancshares during the fourth quarter valued at about $213,000. Caitong International Asset Management Co. Ltd increased its position in Texas Capital Bancshares by 126.7% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,215 shares of the bank's stock valued at $110,000 after buying an additional 679 shares in the last quarter. Virtu Financial LLC acquired a new position in Texas Capital Bancshares during the 4th quarter worth approximately $504,000. T. Rowe Price Investment Management Inc. raised its stake in Texas Capital Bancshares by 1.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 3,376,880 shares of the bank's stock worth $305,743,000 after buying an additional 43,003 shares during the period. Finally, Invesco Ltd. boosted its holdings in Texas Capital Bancshares by 54.0% in the fourth quarter. Invesco Ltd. now owns 251,527 shares of the bank's stock worth $22,773,000 after acquiring an additional 88,155 shares in the last quarter. 96.88% of the stock is currently owned by institutional investors and hedge funds.
About Texas Capital Bancshares
(
Get Free Report)
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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