$1.15 EPS Expected for Texas Capital Bancshares, Inc. (TCBI)

January 23, 2018 - By Stephen Andrade

 $1.15 EPS Expected for Texas Capital Bancshares, Inc. (TCBI)
Investors sentiment increased to 1.18 in Q3 2017. Its up 0.05, from 1.13 in 2017Q2. It increased, as 16 investors sold Texas Capital Bancshares, Inc. shares while 78 reduced holdings. 33 funds opened positions while 78 raised stakes. 48.69 million shares or 0.99% less from 49.18 million shares in 2017Q2 were reported.
Nationwide Fund has invested 0.11% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). D E Shaw & Com has invested 0.01% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Advantus Mngmt accumulated 0.01% or 6,257 shares. Schwab Charles Invest Inc has 262,934 shares. Moreover, Oregon Employees Retirement Fund has 0.03% invested in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) for 18,272 shares. Stevens Capital Management L P holds 0.04% in Texas Capital Bancshares, Inc. (NASDAQ:TCBI) or 13,077 shares. State Of Tennessee Treasury Department reported 0.03% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Gsa Capital Partners Limited Liability Partnership reported 4,904 shares. Eagle Asset Management stated it has 776,161 shares. Whittier Tru Company Of Nevada owns 45 shares. Rhumbline Advisers reported 123,416 shares. Advisory Rech invested 0.78% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI). Investment Counselors Of Maryland Limited Liability Company holds 1.08% or 247,167 shares in its portfolio. Weaver C Barksdale And Assocs holds 58 shares or 0.01% of its portfolio. Delta Asset Mgmt Llc Tn has invested 0% of its portfolio in Texas Capital Bancshares, Inc. (NASDAQ:TCBI).

Since October 20, 2017, it had 0 insider buys, and 1 sale for $306,320 activity.

Analysts expect Texas Capital Bancshares, Inc. (NASDAQ:TCBI) to report $1.15 EPS on January, 24.They anticipate $0.19 EPS change or 19.79 % from last quarter’s $0.96 EPS. TCBI’s profit would be $57.07M giving it 21.75 P/E if the $1.15 EPS is correct. After having $1.12 EPS previously, Texas Capital Bancshares, Inc.’s analysts see 2.68 % EPS growth. The stock increased 0.10% or $0.1 during the last trading session, reaching $100.05. About 246,366 shares traded. Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has risen 65.24% since January 23, 2017 and is uptrending. It has outperformed by 48.54% the S&P500.

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

Among 20 analysts covering Texas Capital Bancshares Inc. (NASDAQ:TCBI), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. Texas Capital Bancshares Inc. had 64 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Wedbush on Friday, October 7. Macquarie Research downgraded Texas Capital Bancshares, Inc. (NASDAQ:TCBI) on Thursday, January 21 to “Neutral” rating. The rating was upgraded by Wedbush on Thursday, December 21 to “Outperform”. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, August 21. The rating was initiated by JMP Securities with “Mkt Outperform” on Thursday, February 2. The firm has “Neutral” rating by Wedbush given on Wednesday, October 4. On Friday, September 15 the stock rating was maintained by Jefferies with “Buy”. The firm has “Strong Buy” rating by Raymond James given on Monday, May 9. The stock of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) has “Strong Buy” rating given on Thursday, April 6 by Raymond James. On Friday, July 24 the stock rating was downgraded by Drexel Hamilton to “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 $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 25.95 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 Gurufocus.com which published an article titled: “Copper Rock Capital Partners, LLC Buys Texas Capital Bancshares Inc, Extreme …” on January 08, 2018.

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