NASDAQ:RBCAA

Republic Bancorp (RBCAA) Stock Forecast, Price & News

$43.53

+0.47 (+1.09%)

(As of 01:23 PM ET)

Compare

Today's Range: $42.96
▼
$43.53
50-Day Range: $43.06
▼
$47.34
52-Week Range: $37.23
▼
$48.32

Volume: 7,217 shs
Average Volume: 19,015 shs
Market Capitalization: $850.58 million

P/E Ratio: 9.85
Dividend Yield: 3.45%
Price Target: $50.50

Republic Bancorp MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 16.0% Upside
$50.50 Price Target
Short Interest: Healthy
0.69% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$100,010 Bought Last Quarter
Proj. Earnings Growth: -8.85%
From $4.18 to $3.81 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Finance Sector

262nd out of 837 stocks

State Commercial Banks Industry

69th out of 173 stocks

2.5

Analyst's Opinion

Consensus Rating
Republic Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.50, Republic Bancorp has a forecasted upside of 16.0% from its current price of $43.53.
Amount of Analyst Coverage
Republic Bancorp has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.69% of the float of Republic Bancorp has been sold short.
Short Interest Ratio / Days to Cover
Republic Bancorp has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Republic Bancorp has recently increased by 14.49%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Republic Bancorp pays a meaningful dividend of 3.47%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Republic Bancorp has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Republic Bancorp is 33.94%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Republic Bancorp will have a dividend payout ratio of 39.37% next year. This indicates that Republic Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RBCAA.

2.0

News and Social Media Coverage

News Sentiment
Republic Bancorp has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Republic Bancorp this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added Republic Bancorp to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Republic Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,010.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
55.50% of the stock of Republic Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 23.69% of the stock of Republic Bancorp is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Republic Bancorp are expected to decrease by -8.85% in the coming year, from $4.18 to $3.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Republic Bancorp is 9.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Republic Bancorp is 9.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 89.60.
Price to Book Value per Share Ratio
Republic Bancorp has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Republic Bancorp (NASDAQ:RBCAA) Stock

Republic Bancorp, Inc., a financial holding company, provides various banking products and services in the United States. It operates in five segments: Traditional Banking, Warehouse, Mortgage Banking, Tax Refund Solutions, and Republic Credit Solutions. The company accepts demand, money market accounts, savings, individual retirement accounts, time, brokered, and other certificates of deposit. Its loan products include residential real estate, commercial real estate, construction and land development, home equity, secured and unsecured personal, and aircraft loans. The company also offers credit cards; title insurance and other financial products and services; and private banking, lockbox processing, remote deposit capture, business online banking, account reconciliation, automated clearing house processing, and internet and mobile banking services. In addition, it provides short-term and revolving credit facilities to mortgage bankers; warehouse lending; tax refund solutions, which facilitate the receipt and payment of federal and state tax refund products through third-party tax preparers and tax-preparation software providers; and general purpose reloadable prepaid cards, payroll debit cards, and limited-purpose demand deposit accounts through third party service providers. Further, the company offers consumer credit products; and property and casualty insurance products, as well as checking and saving accounts, commercial accounts, marine lending, equipment leasing, employee services, and merchant solutions. Republic Bancorp, Inc. was incorporated in 1974 and is headquartered in Louisville, Kentucky.

RBCAA Price History

30 days | 90 days | 365 days | Advanced Chart

RBCAA Stock News Headlines

September 19, 2023 | americanbankingnews.com

Republic Bancorp (NASDAQ:RBCAA) Shares Pass Above Two Hundred Day Moving Average of $42.88

July 26, 2023 | fool.com

Republic Bancorp (NASDAQ: RBCAA)

September 21, 2023 | The Oxford Club (Ad)

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July 21, 2023 | benzinga.com

Thriving with Robust Performance: Republic Bancorp Delivers Growing Profits to Investors

July 21, 2023 | finance.yahoo.com

Republic Bancorp (RBCAA) Misses Q2 Earnings Estimates

July 21, 2023 | finance.yahoo.com

Republic Bancorp, Inc. Reports Second Quarter 2023 Net Income of $21.1 Million

July 17, 2023 | finance.yahoo.com

Here is Why Growth Investors Should Buy Republic Bancorp (RBCAA) Now

July 13, 2023 | bizjournals.com

Republic Bank & Trust announces new Nashville banking centers

September 21, 2023 | MarketBeat Internal (Ad)

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July 5, 2023 | bizjournals.com

St. Louis-based equipment leasing business now part of Kentucky-based Republic Bank, thanks to merger

June 30, 2023 | finance.yahoo.com

3 Reasons Why Growth Investors Shouldn't Overlook Republic Bancorp (RBCAA)

June 30, 2023 | finance.yahoo.com

Investors in Republic Bancorp (NASDAQ:RBCA.A) have seen respectable returns of 51% over the past three years

June 24, 2023 | finance.yahoo.com

RBCAA - Republic Bancorp, Inc.

May 19, 2023 | msn.com

Republic Bancorp, Inc. (KY) - (RBCAA) Declares $0.37 Dividend

May 1, 2023 | benzinga.com

KBRA Releases Research – KBRA RMBS Exposure to First Republic Bank

April 25, 2023 | cnbc.com

What First Republic's results mean for the regional bank trade, according to Wall Street

April 24, 2023 | finance.yahoo.com

Republic Bank Appoints Vidya Ravichandran to Board of Directors

April 21, 2023 | finance.yahoo.com

Republic Bancorp, Inc.'s (NASDAQ:RBCA.A) largest shareholders are private companies with 50% ownership, institutions own 26%

April 20, 2023 | finance.yahoo.com

Republic Bancorp, Inc. Reports First Quarter 2023 Net Income of $28.1 Million

April 20, 2023 | finance.yahoo.com

Republic Bancorp (RBCAA) Q1 Earnings and Revenues Lag Estimates

March 27, 2023 | finance.yahoo.com

Republic Bank Continues Growth in Greater Cincinnati Area with Opening of New Banking Center in Bellevue in Campbell County

March 17, 2023 | bizjournals.com

How Republic Bank is building ‘density’ in Cincinnati by acquiring CBank

March 11, 2023 | finance.yahoo.com

Republic Bancorp, Inc. (NASDAQ:RBCA.A) Passed Our Checks, And It's About To Pay A US$0.37 Dividend

March 9, 2023 | finance.yahoo.com

Should Value Investors Buy Republic Bancorp (RBCAA) Stock?

March 1, 2023 | tmcnet.com

Republic Bank Partners with Nest Egg to Bring Investment Planning and Management to the Bank's Clients

March 1, 2023 | finance.yahoo.com

Republic Bank Partners with Nest Egg to Bring Investment Planning and Management to the Bank’s Clients

February 19, 2023 | finance.yahoo.com

Republic Bancorp (NASDAQ:RBCA.A) Is Paying Out A Larger Dividend Than Last Year

See More Headlines

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RBCAA Company Calendar

Ex-Dividend for 7/21 Dividend: 6/15/2023
Last Earnings: 7/21/2023
Dividend Payable: 7/21/2023
Ex-Dividend for 10/20 Dividend: 9/14/2023
Today: 9/21/2023
Dividend Payable: 10/20/2023
Next Earnings (Estimated): 10/20/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:RBCAA
CUSIP: 76028120
CIK: 921557
Web: www.republicbank.com
Phone: (502) 584-3600
Fax: 502-560-8633
Employees: 1,012
Year Founded: 1982

Price Target and Rating

Average Stock Price Forecast: $50.50
High Stock Price Forecast: $51.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +17.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.42
Trailing P/E Ratio: 9.74
Forward P/E Ratio: 10.30
P/E Growth: N/A
Net Income: $91.11 million
Net Margins: 23.14%
Pretax Margin: 29.77%
Return on Equity: 10.34%
Return on Assets: 1.48%

Debt

Debt-to-Equity Ratio: 0.59
Current Ratio: 1.09
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $333.99 million
Price / Sales: 2.52
Cash Flow: $5.16 per share
Price / Cash Flow: 8.35
Book Value: $43.38 per share
Price / Book: 0.99

Miscellaneous

Outstanding Shares: 19,540,000
Free Float: 8,697,000
Market Cap: $841.39 million
Optionable: Optionable
Beta: 0.60

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Key Executives

Mr. Steven E. Trager (Age 62)
Exec. Chairman & CEO
Comp: $804.35k

Mr. Kevin Sipes (Age 51)
Exec. VP, CFO, Chief Accounting Officer & Treasurer
Comp: $603.99k

Mr. John T. Rippy (Age 62)
Assistant Sec.
Comp: $572.36k

Mr. A. Scott Trager (Age 70)
Vice Chairman & Pres

Jim Ensign
Sr. VP & Chief Brand Officer

Ms. Christy A. Ames (Age 50)
Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RBCAA Stock - Frequently Asked Questions

Should I buy or sell Republic Bancorp stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Republic Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RBCAA shares.
View RBCAA analyst ratings or view top-rated stocks.
What is Republic Bancorp's stock price forecast for 2023?: 1 Wall Street research analysts have issued 12-month price objectives for Republic Bancorp's shares. Their RBCAA share price forecasts range from $50.00 to $51.00. On average, they anticipate the company's stock price to reach $50.50 in the next year. This suggests a possible upside of 17.3% from the stock's current price.
View analysts price targets for RBCAA or view top-rated stocks among Wall Street analysts.
How have RBCAA shares performed in 2023?: Republic Bancorp's stock was trading at $40.92 on January 1st, 2023. Since then, RBCAA shares have increased by 5.2% and is now trading at $43.06.
View the best growth stocks for 2023 here.
When is Republic Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, October 20th 2023.
View our RBCAA earnings forecast.
How were Republic Bancorp's earnings last quarter?: Republic Bancorp, Inc. (NASDAQ:RBCAA) announced its earnings results on Friday, July, 21st. The bank reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.29 by $0.29. The bank earned $84.18 million during the quarter, compared to analyst estimates of $81.70 million. Republic Bancorp had a trailing twelve-month return on equity of 10.34% and a net margin of 23.14%.
How often does Republic Bancorp pay dividends? What is the dividend yield for Republic Bancorp?: Republic Bancorp announced a quarterly dividend on Wednesday, July 19th. Investors of record on Friday, September 15th will be paid a dividend of $0.374 per share on Friday, October 20th. This represents a $1.50 annualized dividend and a yield of 3.47%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for RBCAA.
Is Republic Bancorp a good dividend stock?: Republic Bancorp (NASDAQ:RBCAA) pays an annual dividend of $1.50 per share and currently has a dividend yield of 3.47%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RBCAA will have a dividend payout ratio of 39.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RBCAA.

What is Steve Trager's approval rating as Republic Bancorp's CEO?: 34 employees have rated Republic Bancorp Chief Executive Officer Steve Trager on Glassdoor.com. Steve Trager has an approval rating of 85% among the company's employees.
What is Republic Bancorp's stock symbol?: Republic Bancorp trades on the NASDAQ under the ticker symbol "RBCAA."
Who are Republic Bancorp's major shareholders?: Republic Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.46%), BlackRock Inc. (4.12%), State Street Corp (1.04%), Geode Capital Management LLC (0.94%), Gendell Jeffrey L (0.74%) and Northern Trust Corp (0.58%). Insiders that own company stock include David P Feaster, George Nichols III, Laura M Douglas, Scott Trager, Steve Trager, Steven E Deweese and Steven E Deweese.
View institutional ownership trends.
How do I buy shares of Republic Bancorp?: Shares of RBCAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Republic Bancorp's stock price today?: One share of RBCAA stock can currently be purchased for approximately $43.06.
How much money does Republic Bancorp make?: Republic Bancorp (NASDAQ:RBCAA) has a market capitalization of $841.39 million and generates $333.99 million in revenue each year. The bank earns $91.11 million in net income (profit) each year or $4.42 on an earnings per share basis.
How many employees does Republic Bancorp have?: The company employs 1,012 workers across the globe.
How can I contact Republic Bancorp?: Republic Bancorp's mailing address is 601 WEST MARKET STREET, LOUISVILLE KY, 40202. The official website for the company is www.republicbank.com. The bank can be reached via phone at (502) 584-3600, via email at ksipes@republicbank.com, or via fax at 502-560-8633.

This page (NASDAQ:RBCAA) was last updated on 9/21/2023 by MarketBeat.com Staff

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