News headlines about Texas Capital Bancshares (NASDAQ:TCBI) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Texas Capital Bancshares earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.6040033364256 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of research analysts have weighed in on the stock. DA Davidson boosted their target price on shares of Texas Capital Bancshares to $105.00 and gave the company a “neutral” rating in a research note on Thursday, January 25th. Bank of America boosted their target price on shares of Texas Capital Bancshares from $110.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $98.00 target price on shares of Texas Capital Bancshares in a research note on Thursday, January 25th. UBS upgraded shares of Texas Capital Bancshares from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 25th. Finally, Jefferies Group reiterated a “buy” rating on shares of Texas Capital Bancshares in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. Texas Capital Bancshares currently has an average rating of “Hold” and an average target price of $98.75.
Shares of TCBI stock traded up $1.45 during trading on Thursday, reaching $89.90. 480,853 shares of the company’s stock traded hands, compared to its average volume of 505,524. The stock has a market capitalization of $4,360.25, a P/E ratio of 24.10, a PEG ratio of 1.20 and a beta of 1.75. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 1.56. Texas Capital Bancshares has a 1 year low of $69.65 and a 1 year high of $102.90.
In other Texas Capital Bancshares news, Director Ian J. Turpin sold 1,186 shares of the stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $89.55, for a total value of $106,206.30. Following the sale, the director now directly owns 9,491 shares in the company, valued at approximately $849,919.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Keith Cargill bought 2,000 shares of the stock in a transaction on Tuesday, February 6th. The stock was purchased at an average price of $90.60 per share, for a total transaction of $181,200.00. Following the completion of the purchase, the chief executive officer now directly owns 82,286 shares in the company, valued at $7,455,111.60. The disclosure for this purchase can be found here. Corporate insiders own 0.48% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This article was posted by BBNS and is owned by of BBNS. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://baseballnewssource.com/2018/03/29/texas-capital-bancshares-tcbi-earning-somewhat-positive-news-coverage-study-finds/1971523.html.
About Texas Capital Bancshares
Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs. It offers business deposit products and services, 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.
Receive News & Ratings for Texas Capital Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Capital Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.