Analysts' ratings for Texas Capital Bancshares TCBI over the last quarter vary from bullish to bearish, as provided by 11 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 5 | 3 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 3 | 1 | 0 |
| 2M Ago | 0 | 0 | 1 | 1 | 0 |
| 3M Ago | 1 | 1 | 0 | 1 | 1 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $64.36, a high estimate of $79.00, and a low estimate of $47.00. Experiencing a 5.35% decline, the current average is now lower than the previous average price target of $68.00.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive Texas Capital Bancshares. The following summary 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 |
|---|---|---|---|---|---|
| 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 |
| Steven Alexopoulos | JP Morgan | Lowers | Underweight | $65.00 | $70.00 |
| Brandon King | Truist Securities | Lowers | Hold | $66.00 | $72.00 |
| Ben Gerlinger | Citigroup | Lowers | Neutral | $64.00 | $66.00 |
| Jared Shaw | Barclays | Announces | Underweight | $47.00 | - |
| Brody Preston | UBS | Raises | Sell | $57.00 | $56.00 |
| Steven Alexopoulos | JP Morgan | Raises | Underweight | $70.00 | $66.00 |
| Matt Olney | Stephens & Co. | Raises | Overweight | $79.00 | $78.00 |
| Brandon King | Truist Securities | Raises | Buy | $72.00 | $70.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Texas Capital Bancshares. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Texas Capital Bancshares compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Texas Capital Bancshares's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Texas Capital Bancshares's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Texas Capital Bancshares analyst ratings.
Unveiling the Story Behind Texas Capital Bancshares
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.
Breaking Down Texas Capital Bancshares's Financial Performance
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Texas Capital Bancshares's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -11.16%. This indicates a decrease in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 6.44%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Texas Capital Bancshares's ROE stands out, surpassing industry averages. With an impressive ROE of 0.56%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Texas Capital Bancshares's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.05%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.81, caution is advised due to increased financial risk.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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