Republic Bancorp (RBCAA) Stock Forecast, Price & News

1 Wall Street research 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 research analysts is that investors should "buy" RBCAA shares.
View RBCAA analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 1 year target prices for Republic Bancorp's stock. Their RBCAA share price forecasts range from $50.00 to $51.00. On average, they expect the company's stock price to reach $50.50 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts price targets for RBCAA or view top-rated stocks among Wall Street analysts.

Republic Bancorp's stock was trading at $40.92 on January 1st, 2023. Since then, RBCAA stock has increased by 7.6% and is now trading at $44.05.
View the best growth stocks for 2023 here.

Republic Bancorp saw a increase in short interest in September. As of September 15th, there was short interest totaling 69,700 shares, an increase of 22.5% from the August 31st total of 56,900 shares. Based on an average trading volume of 20,600 shares, the days-to-cover ratio is currently 3.4 days. Approximately 0.8% of the company's stock are short sold.
View Republic Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 20th 2023.
View our RBCAA earnings forecast.

Republic Bancorp, Inc. (NASDAQ:RBCAA) announced its quarterly earnings results on Friday, July, 21st. The bank reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by $0.29. The bank had revenue of $84.18 million for the quarter, compared to the consensus estimate of $81.70 million. Republic Bancorp had a trailing twelve-month return on equity of 10.34% and a net margin of 23.14%.

Republic Bancorp announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Friday, September 15th will be given a dividend of $0.374 per share on Friday, October 20th. This represents a $1.50 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for RBCAA.

Republic Bancorp (NASDAQ:RBCAA) pays an annual dividend of $1.50 per share and currently has a dividend yield of 3.40%. 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 39.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RBCAA.

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.

Republic Bancorp trades on the NASDAQ under the ticker symbol "RBCAA."

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.

One share of RBCAA stock can currently be purchased for approximately $44.05.

Republic Bancorp (NASDAQ:RBCAA) has a market capitalization of $860.74 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.

The company employs 1,012 workers across the globe.

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.