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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
New CBOE “special perk” helps traders target income every weekend (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
New CBOE “special perk” helps traders target income every weekend (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
New CBOE “special perk” helps traders target income every weekend (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
New CBOE “special perk” helps traders target income every weekend (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
New CBOE “special perk” helps traders target income every weekend (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
New CBOE “special perk” helps traders target income every weekend (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

Red River Bancshares (RRBI) Stock Price, News & Analysis

$53.01
+0.02 (+0.04%)
(As of 12/8/2023 ET)
Compare
Today's Range
$52.86
$53.56
50-Day Range
$45.11
$53.55
52-Week Range
$43.50
$58.72
Volume
6,056 shs
Average Volume
10,048 shs
Market Capitalization
$377.96 million
P/E Ratio
10.35
Dividend Yield
0.60%
Price Target
$55.00

Red River Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.8% Upside
$55.00 Price Target
Short Interest
Healthy
0.59% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.47
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$25,999 Bought Last Quarter
Proj. Earnings Growth
-9.79%
From $4.70 to $4.24 Per Share

Overall MarketRank

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

1.93 out of 5 stars

Finance Sector

629th out of 828 stocks

State Commercial Banks Industry

134th out of 172 stocks


RRBI stock logo

About Red River Bancshares Stock (NASDAQ:RRBI)

Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It also offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. Red River Bancshares, Inc. was incorporated in 1998 and is headquartered in Alexandria, Louisiana.

RRBI Stock Price History

RRBI Stock News Headlines

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Red River High School
Minnesota man runs into Red River to flee from deputies
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Company Calendar

Ex-Dividend for 9/21 Dividend
9/08/2023
Dividend Payable
9/21/2023
Last Earnings
10/30/2023
Ex-Dividend for 12/14 Dividend
12/01/2023
Today
12/10/2023
Dividend Payable
12/14/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/29/2024

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:RRBI
Fax
N/A
Employees
340
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$55.00
High Stock Price Target
$55.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+3.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$36.92 million
Pretax Margin
33.72%

Debt

Sales & Book Value

Annual Sales
$113.12 million
Cash Flow
$5.56 per share
Book Value
$36.99 per share

Miscellaneous

Free Float
5,962,000
Market Cap
$377.96 million
Optionable
Not Optionable
Beta
0.59
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Key Executives

  • Mr. Ronald Blake Chatelain (Age 59)
    President, CEO & Director
    Comp: $793.56k
  • Mr. Bryon C. Salazar (Age 50)
    Executive VP & Chief Lending Officer at Red River Bank
    Comp: $401.57k
  • Ms. Isabel V. Carriere CPA (Age 56)
    CGMA, Executive VP & CFO
  • Ms. Julia E. Callis J.D. (Age 54)
    Senior VP, General Counsel, Corporate Secretary & Investor Relations Officer
  • Mr. Andrew Blake Cutrer (Age 48)
    Senior Vice President














RRBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Red River Bancshares stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red River Bancshares in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RRBI shares.
View RRBI analyst ratings
or view top-rated stocks.

What is Red River Bancshares' stock price target for 2024?

1 brokers have issued twelve-month price targets for Red River Bancshares' stock. Their RRBI share price targets range from $55.00 to $55.00. On average, they expect the company's share price to reach $55.00 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for RRBI
or view top-rated stocks among Wall Street analysts.

How have RRBI shares performed in 2023?

Red River Bancshares' stock was trading at $51.06 at the beginning of the year. Since then, RRBI stock has increased by 3.8% and is now trading at $53.01.
View the best growth stocks for 2023 here
.

Are investors shorting Red River Bancshares?

Red River Bancshares saw a increase in short interest in November. As of November 15th, there was short interest totaling 27,900 shares, an increase of 35.4% from the October 31st total of 20,600 shares. Based on an average daily volume of 8,400 shares, the short-interest ratio is presently 3.3 days. Approximately 0.6% of the company's shares are short sold.
View Red River Bancshares' Short Interest
.

When is Red River Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
View our RRBI earnings forecast
.

How were Red River Bancshares' earnings last quarter?

Red River Bancshares, Inc. (NASDAQ:RRBI) posted its earnings results on Monday, October, 30th. The company reported $1.12 EPS for the quarter, missing analysts' consensus estimates of $1.14 by $0.02. The firm had revenue of $35.91 million for the quarter, compared to the consensus estimate of $27.53 million. Red River Bancshares had a net margin of 27.43% and a trailing twelve-month return on equity of 13.28%.

How often does Red River Bancshares pay dividends? What is the dividend yield for Red River Bancshares?

Red River Bancshares announced a quarterly dividend on Thursday, October 26th. Shareholders of record on Monday, December 4th will be paid a dividend of $0.08 per share on Thursday, December 14th. This represents a $0.32 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Friday, December 1st.
Read our dividend analysis for RRBI
.

Is Red River Bancshares a good dividend stock?

Red River Bancshares (NASDAQ:RRBI) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRBI will have a dividend payout ratio of 7.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RRBI.

What other stocks do shareholders of Red River Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Red River Bancshares investors own include Exxon Mobil (XOM), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival Co. & (CCL), Canadian Imperial Bank of Commerce (CM) and Cinemark (CNK).

When did Red River Bancshares IPO?

(RRBI) raised $26 million in an initial public offering on Friday, May 3rd 2019. The company issued 600,000 shares at $42.00-$46.00 per share. FIG Partners and Stephens served as the underwriters for the IPO.

Who are Red River Bancshares' major shareholders?

Red River Bancshares' stock is owned by a number of institutional and retail investors. Top institutional investors include The Manufacturers Life Insurance Company (2.27%), Northern Trust Corp (0.54%), Bank of New York Mellon Corp (0.27%), Stifel Financial Corp (0.09%), Mariner LLC (0.06%) and Deutsche Bank AG (0.04%). Insiders that own company stock include Amanda Wood Barnett, Andrew Blake Cutrer, Barry Dale Hines, Bryon C Salazar, G Bridges Iv Hall, Harold W Turner, Isabel V Carriere, Kirk David Cooper, Michael D Crowell, Ronald Blake Chatelain, Tammi R Salazar and Teddy Ray Price.
View institutional ownership trends
.

How do I buy shares of Red River Bancshares?

Shares of RRBI 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.

This page (NASDAQ:RRBI) was last updated on 12/10/2023 by MarketBeat.com Staff

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