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

June 15, 2018 - By Marie Mckinney

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.
Oppenheimer Asset Mngmt, a New York-based fund reported 16,012 shares. Advantus Cap Management holds 0.01% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 6,112 shares. Schwab Charles Investment Management reported 291,298 shares stake. Asset Management One Ltd holds 1,039 shares or 0% of its portfolio. 5,245 are owned by Beacon Fincl. Paloma Prns Mgmt Comm reported 0.01% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Kdi Prtn Ltd Company owns 4,836 shares. King Luther Capital Management Corporation reported 112,879 shares. Northern Trust reported 1.12M shares. California State Teachers Retirement Systems invested 0.01% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Riverhead invested in 6,369 shares or 0.02% of the stock. Btim stated it has 0.27% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Lord Abbett Co Ltd Liability invested in 265,726 shares. Hanseatic Services holds 0% or 12 shares. Jpmorgan Chase holds 0.01% or 691,279 shares in its portfolio.

Since January 30, 2018, it had 2 buys, and 1 sale for $77,054 activity. CARGILL C KEITH bought $181,200 worth of stock. On Friday, March 2 TURPIN IAN J sold $106,206 worth of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) or 1,186 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 16.46 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 0.60% or $0.6 during the last trading session, reaching $100.05. About 380,500 shares traded. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 28.94% since June 15, 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 stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has “Overweight” rating given on Thursday, April 19 by PiperJaffray. Sandler O’Neill maintained the shares of TCBI in report on Thursday, January 25 with “Hold” rating. Deutsche Bank maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) rating on Friday, May 4. Deutsche Bank has “Hold” rating and $109 target. Keefe Bruyette & Woods maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) rating on Wednesday, April 18. Keefe Bruyette & Woods has “Hold” rating and $10500 target. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) earned “Buy” rating by Jefferies on Monday, January 8. The firm has “Hold” rating by Hovde Group given on Thursday, January 25. SunTrust maintained it with “Buy” rating and $10000 target in Wednesday, April 18 report. The rating was maintained by SunTrust with “Buy” on Wednesday, January 24. The firm has “Hold” rating given on Monday, February 26 by Keefe Bruyette & Woods. Stephens maintained the shares of TCBI in report on Thursday, April 19 with “Hold” rating.

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 $4.97 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 26.82 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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