Republic Bancorp - RBCAA Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Republic Bancorp in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RBCAA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RBCAA, but not buy additional shares or sell existing shares.
View RBCAA analyst ratings or view top-rated stocks.

2 brokers have issued twelve-month price objectives for Republic Bancorp's stock. Their RBCAA share price forecasts range from $42.50 to $57.00. On average, they predict the company's share price to reach $49.75 in the next year. This suggests a possible upside of 28.4% 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 $50.84 on January 1st, 2022. Since then, RBCAA stock has decreased by 23.8% and is now trading at $38.74.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 28th 2022.
View our RBCAA earnings forecast.

Republic Bancorp, Inc. (NASDAQ:RBCAA) announced its quarterly earnings data on Friday, July, 22nd. The bank reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.28. The bank earned $81.80 million during the quarter, compared to the consensus estimate of $72.20 million. Republic Bancorp had a trailing twelve-month return on equity of 10.38% and a net margin of 27.95%.

Republic Bancorp announced a quarterly dividend on Wednesday, July 20th. Shareholders of record on Friday, September 16th will be given a dividend of $0.341 per share on Friday, October 21st. This represents a $1.36 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date is Thursday, September 15th.
Read our dividend analysis for RBCAA.

Republic Bancorp (NASDAQ:RBCAA) pays an annual dividend of $1.36 per share and currently has a dividend yield of 3.47%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RBCAA will have a dividend payout ratio of 36.07% 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.
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One share of RBCAA stock can currently be purchased for approximately $38.74.

Republic Bancorp (NASDAQ:RBCAA) has a market capitalization of $774.80 million and generates $313.12 million in revenue each year. The bank earns $86.79 million in net income (profit) each year or $4.43 on an earnings per share basis.

The company employs 1,054 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.