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NASDAQ:RRBI

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

$47.90
+0.28 (+0.59%)
(As of 05/20/2024 ET)
Today's Range
$47.90
$47.90
50-Day Range
$44.75
$50.03
52-Week Range
$44.42
$58.00
Volume
3,949 shs
Average Volume
6,337 shs
Market Capitalization
$330.51 million
P/E Ratio
10.21
Dividend Yield
0.75%
Price Target
$55.00

Red River Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.8% Upside
$55.00 Price Target
Short Interest
Healthy
0.48% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.47
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$58,732 Sold Last Quarter
Proj. Earnings Growth
7.48%
From $4.41 to $4.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.36 out of 5 stars

Finance Sector

408th out of 852 stocks

State Commercial Banks Industry

92nd out of 173 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 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

Red River Bancshares: Q1 Earnings Snapshot
Red River Bancshares Inc RRBI
SCI Apr 2024 67.500 put
Red River Bancshares Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 3/21 Dividend
3/08/2024
Dividend Payable
3/21/2024
Last Earnings
4/25/2024
Today
5/20/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:RRBI
Fax
N/A
Employees
353
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
+14.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$34.88 million
Pretax Margin
28.22%

Debt

Sales & Book Value

Annual Sales
$149.60 million
Cash Flow
$5.32 per share
Book Value
$42.60 per share

Miscellaneous

Free Float
5,764,000
Market Cap
$330.51 million
Optionable
Not Optionable
Beta
0.61
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Key Executives

  • Mr. Ronald Blake Chatelain (Age 60)
    President, CEO & Director
    Comp: $884.33k
  • Mr. Bryon C. Salazar (Age 50)
    Executive VP & Chief Lending Officer at Red River Bank
    Comp: $460.05k
  • Ms. Isabel V. Carriere CPA (Age 56)
    CGMA, Executive VP, CFO & Assistant Secretary
  • Ms. Julia E. Callis J.D. (Age 55)
    Senior VP, General Counsel, Corporate Secretary & Investor Relations Officer
  • Mr. Andrew Blake Cutrer (Age 49)
    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 twelve months. 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 brokerages have issued 12-month price targets for Red River Bancshares' shares. Their RRBI share price targets range from $55.00 to $55.00. On average, they anticipate the company's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 14.8% 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 2024?

Red River Bancshares' stock was trading at $56.11 at the beginning of the year. Since then, RRBI shares have decreased by 14.6% and is now trading at $47.90.
View the best growth stocks for 2024 here
.

When is Red River Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 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 Thursday, April, 25th. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.11. The business earned $26.29 million during the quarter, compared to the consensus estimate of $26.16 million. Red River Bancshares had a trailing twelve-month return on equity of 11.46% and a net margin of 22.87%.

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

Red River Bancshares declared a quarterly dividend on Thursday, February 22nd. Stockholders of record on Monday, March 11th will be given a dividend of $0.09 per share on Thursday, March 21st. This represents a $0.36 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Friday, March 8th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for RRBI
.

Is Red River Bancshares a good dividend stock?

Red River Bancshares (NASDAQ:RRBI) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.76%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRBI will have a dividend payout ratio of 7.59% 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?

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

Who are Red River Bancshares' major shareholders?

Red River Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.18%), Russell Investments Group Ltd. (0.32%), Acadian Asset Management LLC (0.13%), BNP Paribas Financial Markets (0.13%) and Jacobs Levy Equity Management Inc. (0.12%). 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, Michael J Brown, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RRBI) was last updated on 5/21/2024 by MarketBeat.com Staff

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