Press coverage about Texas Capital Bancshares (NASDAQ:TCBI) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Texas Capital Bancshares earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 46.976817276468 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
TCBI has been the topic of several analyst reports. Barclays reissued a “neutral” rating and issued a $104.00 price objective (up previously from $90.00) on shares of Texas Capital Bancshares in a research note on Friday, January 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $100.00 price target on shares of Texas Capital Bancshares in a research report on Friday, December 22nd. Piper Jaffray Companies reaffirmed a “hold” rating and set a $98.50 price target on shares of Texas Capital Bancshares in a research report on Tuesday, January 9th. SunTrust Banks reaffirmed a “buy” rating and set a $100.00 price target on shares of Texas Capital Bancshares in a research report on Wednesday, November 29th. Finally, BidaskClub raised shares of Texas Capital Bancshares from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $98.75.
Shares of Texas Capital Bancshares (NASDAQ:TCBI) opened at $89.75 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 1.56. The company has a market cap of $4,455.46, a price-to-earnings ratio of 24.06, a price-to-earnings-growth ratio of 1.23 and a beta of 1.77. Texas Capital Bancshares has a 1 year low of $69.65 and a 1 year high of $102.90.
Texas Capital Bancshares (NASDAQ:TCBI) last issued its quarterly earnings results on Wednesday, January 24th. The bank reported $1.19 EPS for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.03. The business had revenue of $230.02 million for the quarter, compared to analysts’ expectations of $219.78 million. Texas Capital Bancshares had a net margin of 20.67% and a return on equity of 10.85%. During the same quarter in the prior year, the firm posted $0.96 earnings per share. equities research analysts expect that Texas Capital Bancshares will post 6.07 EPS for the current fiscal year.
In related news, CEO C Keith Cargill acquired 2,000 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were purchased at an average price of $90.60 per share, for a total transaction of $181,200.00. Following the completion of the acquisition, the chief executive officer now owns 82,286 shares of the company’s stock, valued at $7,455,111.60. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 0.47% of the stock is currently owned by corporate insiders.
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About Texas Capital Bancshares
Texas Capital Bancshares, Inc is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit.
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