Texas Capital (NASDAQ: TCBI) released its earnings data on Wednesday. The company reported $0.82 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.82. During the same quarter in the prior year, the company posted $0.67 earnings per share.
A number of research firms have also recently commented on TCBI. Analysts at Zacks reiterated an ?outperform? rating on shares of Texas Capital in a research note to investors on Friday, January 11th. They now have a $53.00 price target on the stock. On the ratings front, analysts at Credit Suisse initiated coverage on shares of Texas Capital in a research note to investors on Monday, November 19th. They set a ?neutral? rating and a $46.00 price target on the stock. Finally, analysts at FBR Capital raised their price target on shares of Texas Capital from $43.00 to $50.00 in a research note to investors on Thursday, October 25th. They now have a ?market perform? rating on the stock.
Four analysts have rated the stock with a buy rating, one has issued an overweight rating, and eleven have assigned a hold rating to the company. Texas Capital currently has a consensus rating of ?overweight? and a consensus price target of $51.71.
Texas Capital (TCBI) traded down 1.94% on Wednesday, hitting $46.10. Texas Capital (TCBI) has a 1-year low of $30.94 and a 1-year high of $52.17. The stock?s 50-day moving average is currently $45.61. The company has a market cap of $1.871 billion and a price-to-earnings ratio of 16.02.
Texas Capital Bancshares, Inc. is a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank).