Texas Capital Bancshares Stock Today
| TCBI Stock | USD 55.56 0.36 0.64% |
Performance0 of 100
| Odds Of DistressLess than 8
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Texas Capital is trading at 55.56 as of the 18th of April 2024. This is a -0.64 percent down since the beginning of the trading day. The stock's open price was 55.92. Texas Capital has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Texas Capital Bancshares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 14th of August 2003 | Category Financial Services | Classification Financials |
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. Texas Capital Bancshares, Inc. The company has 47.44 M outstanding shares of which 2.22 M shares are at this time shorted by private and institutional investors with about 5.51 trading days to cover. More on Texas Capital Bancshares
Moving together with Texas Stock
| 0.71 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.88 | BY | Byline Bancorp Report 25th of April 2024 | PairCorr |
| 0.83 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against Texas Stock
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| 0.52 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.5 | WF | Woori Financial Group Earnings Call Today | PairCorr |
| 0.48 | CFG-PD | Citizens Financial | PairCorr |
| 0.42 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
Texas Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Texas Capital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Texas Capital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Keith Cargill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Financial 100, SP Midcap 400, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Texas Capital report their recommendations after researching Texas Capital's financial statements, talking to executives and customers, or listening in on Texas Capital's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Texas Capital Bancshares. The Texas consensus assessment is calculated by taking the average forecast from all of the analysts covering Texas Capital. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Texas Capital's profitability, liquidity, and operating efficiency, Texas Capital Bancshares is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Texas Capital Bancshares is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Texas Capital's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Texas Capital's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Texas Capital's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Texas Capital's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Texas Capital's financial leverage. It provides some insight into what part of Texas Capital's total assets is financed by creditors.
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Texas Capital Bancshares (TCBI) is traded on NASDAQ Exchange in USA. It is located in 2000 McKinney Avenue, Dallas, TX, United States, 75201 and employs 1,987 people. Texas Capital is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Texas Capital's market, we take the total number of its shares issued and multiply it by Texas Capital's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Texas Capital Bancshares conducts business under Banks sector and is part of Financials industry. The entity has 47.44 M outstanding shares of which 2.22 M shares are at this time shorted by private and institutional investors with about 5.51 trading days to cover.
Texas Capital Bancshares currently holds about 3.59 B in cash with 373.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 71.97.
Check Texas Capital Probability Of Bankruptcy
Ownership AllocationTexas Capital maintains a total of 47.44 Million outstanding shares. The majority of Texas Capital Bancshares outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Texas Capital to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Texas Capital Bancshares. Please pay attention to any change in the institutional holdings of Texas Capital Bancshares as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Texas Ownership Details
Texas Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Texas Capital jumping above the current price in 90 days from now is about 98.0%. The Texas Capital Bancshares probability density function shows the probability of Texas Capital stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5608. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Texas Capital will likely underperform. Additionally, texas Capital Bancshares has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Texas Capital to move above the current price in 90 days from now is about 98.0 (This Texas Capital Bancshares probability density function shows the probability of Texas Stock to fall within a particular range of prices over 90 days) .
Texas Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Texas Capital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Texas Capital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Texas Capital's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 1.1 M | |
| Holocene Advisors, Lp | 2023-09-30 | 1.1 M | |
| Neuberger Berman Group Llc | 2023-12-31 | 912.1 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 877.9 K | |
| Heartland Advisors Inc | 2023-12-31 | 819.9 K | |
| Massachusetts Financial Services Company | 2023-12-31 | 720.3 K | |
| Northern Trust Corp | 2023-12-31 | 651.6 K | |
| William Blair Investment Management, Llc | 2023-12-31 | 635.5 K | |
| Amvescap Plc. | 2023-12-31 | 624 K | |
| Blackrock Inc | 2023-12-31 | 6 M | |
| Vanguard Group Inc | 2023-12-31 | 4.9 M |
Texas Capital Historical Income Statement
Texas Capital Bancshares Income Statement is one of the three primary financial statements used for reporting Texas's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Texas Capital Bancshares revenue and expense. Texas Capital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Texas Capital's Gross Profit is increasing as compared to previous years. The Texas Capital's current Other Operating Expenses is estimated to increase to about 27.1 M, while Depreciation And Amortization is projected to decrease to under 21.4 M. View More FundamentalsTexas Stock Against Markets
Picking the right benchmark for Texas Capital stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Texas Capital stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Texas Capital is critical whether you are bullish or bearish towards Texas Capital Bancshares at a given time. Please also check how Texas Capital's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Texas Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Texas Capital Corporate Directors
Texas Capital corporate directors refer to members of a Texas Capital board of directors. The board of directors generally takes responsibility for the Texas Capital's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Texas Capital's board members must vote for the resolution. The Texas Capital board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dale Tremblay | Independent Director | Profile | |
| Preston Geren | Independent Director | Profile | |
| Ian Turpin | Independent Director | Profile | |
| Charles Hyle | Independent Director | Profile |
How to buy Texas Stock?
Before investing in Texas Capital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Texas Capital. To buy Texas Capital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Texas Capital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Texas Capital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Texas Capital Bancshares stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Texas Capital Bancshares stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Texas Capital Bancshares, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Texas Stock please use our How to Invest in Texas Capital guide.
Already Invested in Texas Capital Bancshares?
The danger of trading Texas Capital Bancshares is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Texas Capital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Texas Capital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Texas Capital Bancshares is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Texas Capital Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Texas Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Texas Capital Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Texas Capital Bancshares Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Capital Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Texas Capital Bancshares information on this page should be used as a complementary analysis to other Texas Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Texas Stock analysis
When running Texas Capital's price analysis, check to measure Texas Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Texas Capital is operating at the current time. Most of Texas Capital's value examination focuses on studying past and present price action to predict the probability of Texas Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Capital's price. Additionally, you may evaluate how the addition of Texas Capital to your portfolios can decrease your overall portfolio volatility.
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
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Is Texas Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Capital. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share 3.54 | Revenue Per Share 20.883 | Quarterly Revenue Growth (0.54) | Return On Assets 0.0067 |
The market value of Texas Capital Bancshares is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Capital's value that differs from its market value or its book value, called intrinsic value, which is Texas Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Capital's market value can be influenced by many factors that don't directly affect Texas Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.