Third Coast Bancshares, Inc. (TCBX)
NASDAQ: TCBX · IEX Real-Time Price · USD
23.07
-0.35 (-1.49%)
At close: Jul 19, 2024, 4:00 PM
23.70
+0.63 (2.73%)
Pre-market: Jul 22, 2024, 4:22 AM EDT
Third Coast Bancshares Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for TCBX stock have an average target of 22.75, with a low estimate of 20 and a high estimate of 26. The average target predicts a decrease of -1.39% from the current stock price of 23.07.
Analyst Consensus: Buy
* Price targets were last updated on Jan 29, 2024.
Analyst Ratings
The average analyst rating for TCBX stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | -4.64% | Jan 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Initiates $26 | Buy | Initiates | $26 | +12.70% | Jan 11, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | -13.31% | Oct 27, 2023 |
| Raymond James | Raymond James | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | -13.31% | Oct 27, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $19 → $24 | Buy | Maintains | $19 → $24 | +4.03% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
169.36M
from 141.41M
Increased by 19.77%
Revenue Next Year
181.04M
from 169.36M
Increased by 6.90%
EPS This Year
2.36
from 1.98
Increased by 19.26%
EPS Next Year
2.49
from 2.36
Increased by 5.40%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 175.9M | 190.5M |
| Avg | 169.4M | 181.0M |
| Low | 160.8M | 169.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 24.4% | 12.5% |
| Avg | 19.8% | 6.9% |
| Low | 13.7% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.55 | 2.60 |
| Avg | 2.36 | 2.49 |
| Low | 2.13 | 2.35 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 28.9% | 10.3% |
| Avg | 19.3% | 5.4% |
| Low | 7.4% | -0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.