Republic Bancorp - RBCAA Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Republic Bancorp in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research 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 12-month target prices for Republic Bancorp's shares. Their RBCAA share price forecasts range from $42.50 to $50.00. On average, they expect the company's stock price to reach $46.25 in the next twelve months. This suggests a possible upside of 8.4% 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 at the beginning of 2022. Since then, RBCAA shares have decreased by 16.1% and is now trading at $42.65.
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Republic Bancorp saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 59,800 shares, a decrease of 21.5% from the October 31st total of 76,200 shares. Based on an average trading volume of 17,700 shares, the short-interest ratio is presently 3.4 days. Approximately 0.7% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Friday, January 27th 2023.
View our RBCAA earnings forecast.

Republic Bancorp, Inc. (NASDAQ:RBCAA) released its earnings results on Thursday, October, 21st. The bank reported $0.99 EPS for the quarter, topping the consensus estimate of $0.90 by $0.09. The bank earned $70.30 million during the quarter. Republic Bancorp had a trailing twelve-month return on equity of 10.50% and a net margin of 27.49%.

Republic Bancorp announced a quarterly dividend on Wednesday, November 16th. Shareholders of record on Friday, December 16th will be paid a dividend of $0.341 per share on Friday, January 20th. This represents a $1.36 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Thursday, December 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 3.11%. 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 29.96% 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."

Republic Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.26%), BlackRock Inc. (4.05%), Vanguard Group Inc. (2.55%), State Street Corp (1.01%), Gendell Jeffrey L (0.77%) and Bank of New York Mellon Corp (0.40%). Insiders that own company stock include David P Feaster, George Nichols III, Laura M Douglas, Mark A Vogt, Steve Trager, Steven E Deweese and Steven E Deweese.
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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 $42.65.

Republic Bancorp (NASDAQ:RBCAA) has a market capitalization of $842.21 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.