On July, 18 The EPS for Texas Capital Bancshares, Inc. (TCBI) Expected At $1.52

June 29, 2018 - By Ronnie Lemelle

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Corporate Logo
Big Money Sentiment increased to 1.06 in 2018 Q1. It has change of 0.06, from 2017Q4’s 1. The ratio increased due to Texas Capital Bancshares, Inc. positioning: 35 sold and 73 reduced. 35 funds bought positions and 80 increased positions. Investors holded 49.59 million in 2017Q4 but now own 50.79 million shares or 2.42% more.
Rafferty Asset Mgmt Limited Company accumulated 14,921 shs. Moreover, Copper Rock Capital Ltd Llc has 1.67% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 310,798 shs. Lord Abbett And Com Llc accumulated 265,726 shs. Oppenheimer Asset Mngmt Inc holds 0.04% or 16,012 shs in its capital. Engineers Gate Manager Limited Partnership reported 16,689 shs. State Of Tennessee Treasury Department reported 90,000 shs or 0.04% of all its holdings. Nwq Investment Mngmt Ltd Liability holds 0.4% or 277,830 shs. Alliancebernstein L P holds 0.08% or 1.27 million shs. Nuveen Asset Mgmt holds 12,704 shs or 0.01% of its capital. Pinebridge Limited Partnership, New York-based fund reported 10,600 shs. Principal Grp Incorporated invested in 215,393 shs. Wells Fargo & Commerce Mn owns 53,512 shs. 7,257 were accumulated by Hsbc Holdg Public Ltd Company. Spindletop Ltd Liability Corporation owns 263,500 shs. First Ltd Partnership has 0.07% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI).

Texas Capital Bancshares, Inc. registered $77,054 net activity with 2 insider purchases and 1 sale since January 30, 2018. The insider CARGILL C KEITH bought $181,200. TURPIN IAN J also sold $106,206 worth of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Friday, March 2.

Texas Capital Bancshares, Inc. (NASDAQ:TCBI)’s earnings report is awaited by WallStreet on July, 18, RTT reports. Analysts predict 56.70 % diference or $1.52 from the $0.97 EPS from 2017. In case of $1.52 EPS TCBI’s profit could hit $75.50M. Wall Street now predicts 10.14 % EPS growth despite Texas Capital Bancshares, Inc. last quarter’s EPS of $1.38. TCBI is hitting $92.75 during the last trading session, after increased 0.60%.Currently Texas Capital Bancshares, Inc. is uptrending after 28.94% change in last June 29, 2017. TCBI has 79,706 shares volume. TCBI outperformed the S&P500 by 16.37%.

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

Total analysts of 14 have positions in Texas Capital Bancshares (NASDAQ:TCBI) as follows: 6 rated it a “Buy”, 1 with “Sell” and 7 with “Hold”. The positive are 43%. Since January 2, 2018 according to StockzIntelligence Inc Texas Capital Bancshares has 23 analyst reports. On Thursday, January 25 the stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) earned “Buy” rating by Bank of America. On Thursday, January 25 the rating was maintained by Hovde Group with “Hold”. On Thursday, January 25 Raymond James upgraded Texas Capital Bancshares, Inc. (NASDAQ:TCBI) to “Outperform” rating. On Monday, January 8 the stock has “Buy” rating by Jefferies. On Wednesday, January 24 the firm earned “Hold” rating by Keefe Bruyette & Woods. The stock rating was maintained by RBC Capital Markets with “Buy” on Wednesday, January 24. On Monday, April 23 Hovde Group maintained the shares of TCBI in report with “Hold” rating. On Friday, May 4 Deutsche Bank maintained Texas Capital Bancshares, Inc. (NASDAQ:TCBI) rating. Deutsche Bank has “Hold” rating and $109 target. On Thursday, January 25 Piper Jaffray maintained the shares of TCBI in report with “Hold” rating. On Thursday, April 19 the company was upgraded by PiperJaffray.

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 $4.61 billion market cap. 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.24.87 is the 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 two news for Texas Capital Bancshares, Inc. (NASDAQ:TCBI) were recently brought out by: Nasdaq.com on June 06, 2018 with title “Analysis: Positioning to Benefit within Willis Towers Watson Public, MyoKardia, Texas Capital Bancshares, uniQure NV …”. The other Streetinsider.com‘s article was titled “Texas Capital Bancshares (TCBI) PT Raised to $106 at RBC Capital” and brought out on June 21, 2018.

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

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