Raymond James has revised its price target for Texas Capital Bancshares (TCBI, Financial), lowering it from $87 to $80 while maintaining an Outperform rating for the stock. This adjustment comes in response to a first-quarter earnings shortfall that was influenced by a decrease in investment banking and advisory fees. This decline is attributed to the economic uncertainties resulting from tariffs and policy changes under the Trump administration.
Despite these challenges, the firm maintains a positive outlook on the risk-reward profile of Texas Capital. The analyst notes encouraging trends, such as sustained growth in loans and deposits, as well as enhancements in operating efficiency and profitability, which offer a promising avenue for long-term gains.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Texas Capital Bancshares Inc (TCBI, Financial) is $80.75 with a high estimate of $90.00 and a low estimate of $70.00. The average target implies an upside of 22.29% from the current price of $66.03. More detailed estimate data can be found on the Texas Capital Bancshares Inc (TCBI) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Texas Capital Bancshares Inc's (TCBI, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Texas Capital Bancshares Inc (TCBI, Financial) in one year is $83.37, suggesting a upside of 26.26% from the current price of $66.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Texas Capital Bancshares Inc (TCBI) Summary page.
