Texas Capital Bancshares (NASDAQ:TCBI) Receives News Sentiment Score of 0.06

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.

Texas Capital Bancshares (NASDAQ:TCBI) last announced 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 company 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 period in the prior year, the company posted $0.96 EPS. equities analysts predict that Texas Capital Bancshares will post 6.08 EPS for the current year.

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.

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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.

Insider Buying and Selling by Quarter for Texas Capital Bancshares (NASDAQ:TCBI)

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