Texas Capital Bancshares, Inc. stock performance trend indicates that the stock price has rallied 9.51% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 58.32% . Looking at the past 52 week period, the stock price is up at 115.01% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Texas Capital Bancshares, Inc. has a positive value of 80.05 compared to overall market.Texas Capital Bancshares, Inc. is having a Relative Strength Index of 51.32 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) rallied by 0.58% during the past week but lost 1.08% on a 4-week basis. The company has outperformed the S&P 500 by 0.34% in the past week but underperformed the index by 2.21% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Texas Capital Bancshares, Inc. (NASDAQ:TCBI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.05 points or 0.06% at $86.95 with 1,639,978 shares getting traded. Post opening the session at $86.85, the shares hit an intraday low of $85.3 and an intraday high of $87.65 and the price was in this range throughout the day. The company has a market cap of $4,309 million and the number of outstanding shares has been calculated to be 49,557,572 shares. The 52-week high of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) is $93.35 and the 52-week low is $34.54.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Texas Capital Bancshares Inc was Downgraded by Raymond James to Outperform on Mar 16, 2017. Texas Capital Bancshares Inc was Initiated by JMP Securities to Mkt Outperform on Feb 2, 2017.
Company has reported several Insider transactions to the SEC, on Dec 1, 2016, Steve Rosenberg (director) sold 15,000 shares at 66.66 per share price.On Sep 2, 2016, James H Browning (director) sold 2,500 shares at 52.55 per share price.On Feb 26, 2016, Patricia A Watson (director) purchased 40 shares at 31.79 per share price.
Texas Capital Bancshares Inc Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.89.Analysts expectations of $ 184.01.During the same quarter in the previous year, the company posted $0.70 EPS.
Texas Capital Bancshares primary subsidiary is Texas Capital Bank, a commercial bank that delivers highly personalized financial services to Texas-based businesses and private client individuals. Headquartered in Dallas, the bank has full-service locations in Austin, Dallas, Fort Worth, Houston, Plano, and San Antonio.