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

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.

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.

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.
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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.

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

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%.

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.

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.

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).

(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.

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.

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.
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