With 0.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $79.67 whereas the lowest price it dropped to was $77.69. The 52-week range on TCBI shows that it touched its highest point at $91.80 and its lowest point at $54.68 during that stretch. It currently has a 1-year price target of $85.15. Beta for the stock currently stands at 1.16.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TCBI was down-trending over the past week, with a drop of -2.54%, but this was down by -0.15% over a month. Three-month performance surged to 2.28% while six-month performance rose 19.33%. The stock gained 27.10% in the past year, while it has gained 0.40% so far this year. A look at the trailing 12-month EPS for TCBI yields 1.28 with Next year EPS estimates of 6.32. For the next quarter, that number is 0.99. This implies an EPS growth rate of 335.58% for this year and 13.33% for next year.
Float and Shares Shorts:
At present, 46.23 million TCBI shares are outstanding with a float of 45.07 million shares on hand for trading. On 2024-12-31, short shares totaled 1.76 million, which was 382.0 higher than short shares on 1732838400. In addition to Mr. Robert C. Holmes as the firm’s President, CEO & Director, Mr. J. Matthew Scurlock serves as its MD & CFO.
Institutional Ownership:
Through their ownership of 0.99297994 of TCBI’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TCBI since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TCBI analysts setting a high price target of 97.0 and a low target of 70.0, the average target price over the next 12 months is 85.15385. Based on these targets, TCBI could surge 23.55% to reach the target high and fall by -10.84% to reach the target low. Reaching the average price target will result in a growth of 8.46% from current levels.
Analysts have provided yearly estimates in a range of $0.96067 being high and $0.90363 being low. For TCBI, this leads to a yearly average estimate of $0.93101. Based on analyst estimates, the high estimate for the next quarter is $1.54 and the low estimate is $1.27. The average estimate for the next quarter is thus $1.36.
