7 Analysts Assess Texas Capital Bancshares: What You Need To Know
Providing a diverse range of perspectives from bullish to bearish, 7 analysts have published ratings on Texas Capital Bancshares TCBI in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 2 | 5 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 2 | 4 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $65.29, a high estimate of $74.00, and a low estimate of $61.00. Highlighting a 5.96% decrease, the current average has fallen from the previous average price target of $69.43.
A clear picture of Texas Capital Bancshares's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Casey Haire | Jefferies | Lowers | Hold | $61.00 | $64.00 |
Brandon King | Truist Securities | Lowers | Hold | $61.00 | $66.00 |
Wood Lay | Keefe, Bruyette & Woods | Lowers | Outperform | $74.00 | $76.00 |
Matt Olney | Stephens & Co. | Lowers | Overweight | $73.00 | $78.00 |
David Chiaverini | Wedbush | Lowers | Neutral | $61.00 | $64.00 |
Jon Arfstrom | RBC Capital | Lowers | Sector Perform | $66.00 | $68.00 |
Casey Haire | Jefferies | Lowers | Hold | $61.00 | $70.00 |
To gain a panoramic view of Texas Capital Bancshares's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Texas Capital Bancshares Inc is a secured lender, with the majority of the loans held for investment, excluding mortgage finance loans and other national lines of business. The company's national lines of business provide specialized lending products to businesses throughout the United States. The bank operates in Texas' main metropolitan areas, like Austin, Dallas, Fort Worth, Houston, and San Antonio.
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Decline in Revenue: Over the 3 months period, Texas Capital Bancshares faced challenges, resulting in a decline of approximately -6.02% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Texas Capital Bancshares's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 8.52%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Texas Capital Bancshares's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.76%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Texas Capital Bancshares's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.08%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Texas Capital Bancshares's debt-to-equity ratio is below the industry average at 0.56, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.