What is DA Davidson’s Forecast for TCBI FY2025 Earnings?

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) – Equities researchers at DA Davidson raised their FY2025 EPS estimates for shares of Texas Capital Bancshares in a research note issued to investors on Thursday, December 19th. DA Davidson analyst P. Winter now forecasts that the bank will earn $5.93 per share for the year, up from their previous forecast of $5.79. DA Davidson currently has a “Neutral” rating and a $81.00 target price on the stock. The consensus estimate for Texas Capital Bancshares’ current full-year earnings is $4.15 per share.

TCBI has been the topic of several other reports. Piper Sandler cut shares of Texas Capital Bancshares from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $77.00 to $82.00 in a report on Friday, October 18th. JPMorgan Chase & Co. lifted their price objective on Texas Capital Bancshares from $72.00 to $80.00 and gave the stock an “underweight” rating in a research report on Friday, October 18th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $74.00 price objective on shares of Texas Capital Bancshares in a research report on Monday, September 9th. StockNews.com upgraded shares of Texas Capital Bancshares from a “sell” rating to a “hold” rating in a research note on Wednesday, November 6th. Finally, Wedbush reissued a “sector perform” rating on shares of Texas Capital Bancshares in a research note on Friday, October 18th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Texas Capital Bancshares has a consensus rating of “Hold” and a consensus price target of $74.69.

Texas Capital Bancshares Price Performance

Texas Capital Bancshares stock opened at $76.77 on Friday. The company has a market cap of $3.55 billion, a price-to-earnings ratio of 426.50, a PEG ratio of 0.80 and a beta of 1.14. Texas Capital Bancshares has a 52-week low of $54.68 and a 52-week high of $91.80. The firm’s fifty day moving average is $83.10 and its 200 day moving average is $71.05. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22.

Texas Capital Bancshares (NASDAQ:TCBI) last announced its quarterly earnings data on Thursday, October 17th. The bank reported $1.62 EPS for the quarter, beating the consensus estimate of $0.97 by $0.65. Texas Capital Bancshares had a return on equity of 8.06% and a net margin of 1.40%. The business had revenue of $304.91 million for the quarter, compared to the consensus estimate of $279.64 million.

Insiders Place Their Bets

In other news, Director Robert W. Stallings bought 20,000 shares of the firm’s stock in a transaction on Tuesday, October 22nd. The stock was acquired at an average cost of $21.28 per share, with a total value of $425,600.00. Following the completion of the acquisition, the director now owns 84,587 shares of the company’s stock, valued at approximately $1,800,011.36. This represents a 30.97 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.99% of the stock is owned by corporate insiders.

Institutional Trading of Texas Capital Bancshares

Institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. lifted its holdings in Texas Capital Bancshares by 89.9% in the third quarter. Blue Trust Inc. now owns 357 shares of the bank’s stock valued at $26,000 after acquiring an additional 169 shares during the period. Innealta Capital LLC purchased a new stake in shares of Texas Capital Bancshares during the 2nd quarter valued at about $26,000. Icon Wealth Advisors LLC bought a new position in shares of Texas Capital Bancshares in the 3rd quarter worth approximately $31,000. Meeder Asset Management Inc. purchased a new position in shares of Texas Capital Bancshares in the third quarter worth approximately $71,000. Finally, CWM LLC grew its position in Texas Capital Bancshares by 69.8% during the third quarter. CWM LLC now owns 1,611 shares of the bank’s stock valued at $115,000 after buying an additional 662 shares during the period. Hedge funds and other institutional investors own 96.88% of the company’s stock.

About Texas Capital Bancshares

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.