EPS for Texas Capital Bancshares, Inc. (TCBI) Expected At $1.52

June 13, 2018 - By Winifred Garcia

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) LogoInvestors sentiment increased to 1.06 in Q1 2018. Its up 0.06, from 1 in 2017Q4. It improved, as 35 investors sold Texas Capital Bancshares, Inc. shares while 73 reduced holdings. 35 funds opened positions while 80 raised stakes. 50.79 million shares or 2.42% more from 49.59 million shares in 2017Q4 were reported.
Lord Abbett And Lc has invested 0.07% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Ameritas Invest Prtn, Nebraska-based fund reported 19,080 shares. Rafferty Asset Mngmt Ltd Liability Co owns 14,921 shares or 0.02% of their US portfolio. Copper Rock Cap Prns Limited Liability Corporation reported 1.67% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Hodges Cap Management holds 0.02% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 2,230 shares. 1.26M are held by Barrow Hanley Mewhinney Strauss Limited Liability Corporation. Peak6 Invs L P has invested 0% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Riverhead Capital Ltd Company reported 0.02% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Brinker holds 0.04% or 10,451 shares in its portfolio. Ing Groep Nv, Netherlands-based fund reported 3,462 shares. Thompson Siegel & Walmsley Limited Liability Company, a Virginia-based fund reported 134,527 shares. Castleark Mgmt Limited Liability Com holds 3,725 shares. Louisiana State Employees Retirement System invested 0.05% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). King Luther holds 0.08% or 112,879 shares in its portfolio. Assetmark owns 849 shares.

Since January 30, 2018, it had 2 insider buys, and 1 insider sale for $77,054 activity. $181,200 worth of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) shares were bought by CARGILL C KEITH. Huntley David S. bought $2,060 worth of stock or 21 shares.

Analysts expect Texas Capital Bancshares, Inc. (NASDAQ:TCBI) to report $1.52 EPS on July, 18.They anticipate $0.55 EPS change or 56.70 % from last quarter’s $0.97 EPS. TCBI’s profit would be $75.51M giving it 16.55 P/E if the $1.52 EPS is correct. After having $1.38 EPS previously, Texas Capital Bancshares, Inc.’s analysts see 10.14 % EPS growth. The stock decreased 0.35% or $0.35 during the last trading session, reaching $100.65. About 553,620 shares traded or 10.06% up from the average. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 28.94% since June 14, 2017 and is uptrending. It has outperformed by 16.37% the S&P500.

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

Among 15 analysts covering Texas Capital Bancshares (NASDAQ:TCBI), 7 have Buy rating, 1 Sell and 7 Hold. Therefore 47% are positive. Texas Capital Bancshares had 25 analyst reports since December 21, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, January 25 by Sandler O’Neill. As per Wednesday, April 18, the company rating was maintained by Keefe Bruyette & Woods. PiperJaffray upgraded the stock to “Overweight” rating in Thursday, April 19 report. RBC Capital Markets maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Thursday, April 19 with “Buy” rating. The rating was maintained by Jefferies with “Buy” on Monday, January 8. Hovde Group maintained the stock with “Hold” rating in Thursday, January 25 report. The firm has “Hold” rating given on Thursday, January 25 by Piper Jaffray. As per Wednesday, January 24, the company rating was maintained by RBC Capital Markets. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, February 26. The rating was maintained by Deutsche Bank on Friday, May 4 with “Hold”.

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 $5.00 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 26.98 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.

Another recent and important Texas Capital Bancshares, Inc. (NASDAQ:TCBI) news was published by Nasdaq.com which published an article titled: “Analysis: Positioning to Benefit within Willis Towers Watson Public, MyoKardia, Texas Capital Bancshares, uniQure NV …” on June 06, 2018.

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

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