Third Coast Bancshares, Inc. (TCBX)
NASDAQ: TCBX · IEX Real-Time Price · USD
18.42
+0.19 (1.04%)
Apr 18, 2024, 12:47 PM EDT - Market open
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 an increase of 23.51% from the current stock price of 18.42.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 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 | 3 | 3 | 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 | +19.44% | Jan 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Initiates $26 | Buy | Initiates | $26 | +41.15% | Jan 11, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +8.58% | Oct 27, 2023 |
| Raymond James | Raymond James | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +8.58% | Oct 27, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $19 → $24 | Buy | Maintains | $19 → $24 | +30.29% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
165.36M
from 141.41M
Increased by 16.94%
Revenue Next Year
177.38M
from 165.36M
Increased by 7.27%
EPS This Year
2.10
from 1.98
Increased by 6.22%
EPS Next Year
2.25
from 2.10
Increased by 7.02%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 171.9M | 185.4M |
| Avg | 165.4M | 177.4M |
| Low | 158.0M | 167.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 21.6% | 12.1% |
| Avg | 16.9% | 7.3% |
| Low | 11.8% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.33 | 2.42 |
| Avg | 2.10 | 2.25 |
| Low | 1.93 | 2.11 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 17.7% | 14.8% |
| Avg | 6.2% | 7.0% |
| Low | -2.5% | 0.2% |
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.