Texas Capital Bancshares Inc. (NASDAQ:TCBI) – Investment analysts at Jefferies Group issued their Q1 2017 earnings per share (EPS) estimates for shares of Texas Capital Bancshares in a report released on Tuesday. Jefferies Group analyst E. Harmon anticipates that the firm will post earnings per share of $0.79 for the quarter. Jefferies Group also issued estimates for Texas Capital Bancshares’ Q2 2017 earnings at $0.87 EPS, Q3 2017 earnings at $0.93 EPS and Q4 2017 earnings at $0.96 EPS.

Texas Capital Bancshares (NASDAQ:TCBI) last announced its earnings results on Wednesday, July 20th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.01. Texas Capital Bancshares had a return on equity of 9.14% and a net margin of 19.73%. During the same period last year, the company posted $0.76 EPS.

Earnings History and Estimates for Texas Capital Bancshares (NASDAQ:TCBI)

A number of other equities analysts also recently issued reports on TCBI. Deutsche Bank AG restated a “buy” rating and issued a $53.00 price target on shares of Texas Capital Bancshares in a research note on Friday, June 17th. TheStreet upgraded Texas Capital Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, June 23rd. Bank of America Corp. downgraded Texas Capital Bancshares from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 29th. Compass Point started coverage on Texas Capital Bancshares in a research note on Friday, July 1st. They issued a “buy” rating and a $54.00 price target on the stock. Finally, Zacks Investment Research upgraded Texas Capital Bancshares from a “sell” rating to a “hold” rating in a research note on Friday, July 1st. Fifteen investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Texas Capital Bancshares has an average rating of “Hold” and an average target price of $52.50.

Shares of Texas Capital Bancshares (NASDAQ:TCBI) traded down 2.92% during trading on Thursday, reaching $54.90. The company’s stock had a trading volume of 115,586 shares. Texas Capital Bancshares has a 12-month low of $29.78 and a 12-month high of $61.83. The company has a 50 day moving average of $53.54 and a 200 day moving average of $47.85. The company has a market cap of $2.52 billion, a PE ratio of 20.26 and a beta of 1.47.

Several hedge funds and other institutional investors have recently made changes to their positions in TCBI. Commerce Bank raised its position in shares of Texas Capital Bancshares by 0.3% in the second quarter. Commerce Bank now owns 9,545 shares of the company’s stock valued at $447,000 after buying an additional 30 shares during the period. 1st Global Advisors Inc. raised its position in shares of Texas Capital Bancshares by 1.6% in the second quarter. 1st Global Advisors Inc. now owns 6,003 shares of the company’s stock valued at $281,000 after buying an additional 96 shares during the period. Eagle Boston Investment Management Inc. raised its position in shares of Texas Capital Bancshares by 0.4% in the second quarter. Eagle Boston Investment Management Inc. now owns 37,009 shares of the company’s stock valued at $1,730,000 after buying an additional 163 shares during the period. PineBridge Investments L.P. raised its position in shares of Texas Capital Bancshares by 3.8% in the second quarter. PineBridge Investments L.P. now owns 5,821 shares of the company’s stock valued at $272,000 after buying an additional 215 shares during the period. Finally, I.G. Investment Management LTD. raised its position in shares of Texas Capital Bancshares by 4.7% in the second quarter. I.G. Investment Management LTD. now owns 6,604 shares of the company’s stock valued at $309,000 after buying an additional 297 shares during the period.

In other Texas Capital Bancshares news, Director James H. Browning sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $52.55, for a total transaction of $131,375.00. Following the sale, the director now directly owns 8,314 shares of the company’s stock, valued at $436,900.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.08% of the company’s stock.

Texas Capital Bancshares Company Profile

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 loans, deposit accounts and other financial products and services. It offers commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; real estate term and construction loans; mortgage finance lending; equipment leasing; treasury management services; wealth management and trust services, and letters of credit.

5 Day Chart for NASDAQ:TCBI

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