NASDAQ:RBNC - Reliant Bancorp Stock Price, Forecast & News

Reliant Bancorp trades on the NASDAQ under the ticker symbol "RBNC."

Reliant Bancorp declared a quarterly dividend on Wednesday, January 22nd. Stockholders of record on Tuesday, February 4th will be given a dividend of $0.10 per share on Friday, February 14th. This represents a $0.40 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from Reliant Bancorp's previous quarterly dividend of $0.09. View Reliant Bancorp's Dividend History.

Reliant Bancorp Inc (NASDAQ:RBNC) announced its quarterly earnings results on Thursday, January, 23rd. The bank reported $0.47 EPS for the quarter, beating the consensus estimate of $0.39 by $0.08. The bank had revenue of $19.04 million for the quarter, compared to analysts' expectations of $16.78 million. Reliant Bancorp had a net margin of 17.77% and a return on equity of 8.14%. View Reliant Bancorp's Earnings History.

Reliant Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Reliant Bancorp.

6 analysts have issued 1-year price targets for Reliant Bancorp's stock. Their forecasts range from $24.00 to $27.00. On average, they anticipate Reliant Bancorp's stock price to reach $25.67 in the next year. This suggests a possible upside of 18.5% from the stock's current price. View Analyst Price Targets for Reliant Bancorp.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reliant Bancorp in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Reliant Bancorp.

News stories about RBNC stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Reliant Bancorp earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the near future. View News Stories for Reliant Bancorp.

Reliant Bancorp saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 239,200 shares, an increase of 11.6% from the January 15th total of 214,400 shares. Based on an average daily volume of 15,400 shares, the days-to-cover ratio is presently 15.5 days. Currently, 2.5% of the company's stock are short sold. View Reliant Bancorp's Current Options Chain.

Some companies that are related to Reliant Bancorp include Boston Private Financial (BPFH), Carolina Financial (CARO), Preferred Bank (PFBC), German American Bancorp. (GABC), Stock Yards Bancorp (SYBT), Republic Bancorp, Inc. KY (RBCAA), ConnectOne Bancorp (CNOB), Washington Trust Bancorp (WASH), Lakeland Bancorp (LBAI), Oritani Financial (ORIT), Origin Bancorp (OBNK), Great Southern Bancorp (GSBC), HomeStreet (HMST), Central Pacific Financial (CPF) and Allegiance Bancshares (ABTX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Reliant Bancorp investors own include Enbridge (ENB), Nike (NKE), NovaBay Pharmaceuticals (NBY), Gilead Sciences (GILD), Netflix (NFLX), NVIDIA (NVDA), AbbVie (ABBV), Preferred Apartment Communities (APTS), BCE (BCE) and Citigroup (C).

Reliant Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (1.56%), Bank of New York Mellon Corp (0.61%), Penn Capital Management Co. Inc. (0.44%), Mendon Capital Advisors Corp (0.31%), Renaissance Technologies LLC (0.29%) and Charles Schwab Investment Management Inc. (0.22%). Company insiders that own Reliant Bancorp stock include Charles Trimble Beasley, Devan D Ard Jr, Farzin Ferdowsi, Homayoun Aminmadani, James Daniel Dellinger, Ruskin Alexander Vest and William Ronald Deberry. View Institutional Ownership Trends for Reliant Bancorp.

RBNC stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Alliancebernstein L.P. and Russell Investments Group Ltd.. View Insider Buying and Selling for Reliant Bancorp.

RBNC stock was purchased by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, Bank of New York Mellon Corp, Renaissance Technologies LLC, UBS Group AG, Barclays PLC, Acadian Asset Management LLC, State Street Corp and Citigroup Inc.. Company insiders that have bought Reliant Bancorp stock in the last two years include Devan D Ard Jr, Farzin Ferdowsi, Homayoun Aminmadani and Ruskin Alexander Vest. View Insider Buying and Selling for Reliant Bancorp.

Shares of RBNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RBNC stock can currently be purchased for approximately $21.65.

Reliant Bancorp has a market capitalization of $242.73 million and generates $91.15 million in revenue each year. The bank earns $16.20 million in net income (profit) each year or $1.54 on an earnings per share basis. View Additional Information About Reliant Bancorp.

The official website for Reliant Bancorp is http://www.reliantbank.com/.

Reliant Bancorp's mailing address is 1736 Carothers Parkway Suite 100, Brentwood TN, 37027. The bank can be reached via phone at 615-221-2020 or via email at [email protected]