Log in

NASDAQ:RRBI - Red River Bancshares Stock Price, Forecast & News

$35.83
-3.45 (-8.78 %)
(As of 03/29/2020 03:14 PM ET)
Today's Range
$35.09
Now: $35.83
$38.00
50-Day Range
$29.90
MA: $48.40
$55.00
52-Week Range
$29.90
Now: $35.83
$59.00
Volume23,787 shs
Average Volume15,969 shs
Market Capitalization$261.92 million
P/E Ratio10.27
Dividend Yield0.61%
BetaN/A
Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to businesses, professionals, individuals, and public entities in Louisiana. It provides consumer checking accounts, money market accounts, and time deposits; real estate loans, commercial loans, treasury management services; and private banking services, residential mortgage lending, and investment services. The company operates a network of 23 banking centers, as well as 1 loan production office in Covington, Louisiana. Red River Bancshares, Inc. was founded in 1998 and is headquartered in Alexandria, Louisiana.
Read More

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:RRBI
CUSIPN/A
CIKN/A
Phone318-561-5028

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$89.69 million

Profitability

Net Income$24.82 million

Miscellaneous

Employees321
Market Cap$261.92 million
Next Earnings Date4/29/2020 (Estimated)
OptionableNot Optionable

Receive RRBI News and Ratings via Email

Sign-up to receive the latest news and ratings for RRBI and its competitors with MarketBeat's FREE daily newsletter.


Red River Bancshares (NASDAQ:RRBI) Frequently Asked Questions

How has Red River Bancshares' stock been impacted by COVID-19 (Coronavirus)?

Red River Bancshares' stock was trading at $44.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RRBI shares have decreased by 18.6% and is now trading at $35.83. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Red River Bancshares?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red River Bancshares in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Red River Bancshares.

When is Red River Bancshares' next earnings date?

Red River Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, April 29th 2020. View our earnings forecast for Red River Bancshares.

How were Red River Bancshares' earnings last quarter?

Red River Bancshares Inc (NASDAQ:RRBI) announced its quarterly earnings results on Wednesday, January, 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.05. The business had revenue of $20.53 million for the quarter, compared to analyst estimates of $20.35 million. Red River Bancshares had a net margin of 27.68% and a return on equity of 10.86%. View Red River Bancshares' earnings history.

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

Red River Bancshares announced a Not Available dividend on Thursday, February 27th. Shareholders of record on Monday, March 16th will be paid a dividend of $0.06 per share on Thursday, March 26th. The ex-dividend date is Friday, March 13th. View Red River Bancshares' dividend history.

What price target have analysts set for RRBI?

2 brokers have issued twelve-month price objectives for Red River Bancshares' stock. Their forecasts range from $56.00 to $60.00. On average, they expect Red River Bancshares' stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 61.9% from the stock's current price. View analysts' price targets for Red River Bancshares.

Has Red River Bancshares been receiving favorable news coverage?

News stories about RRBI stock have trended positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Red River Bancshares earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutRed River Bancshares.

Who are some of Red River Bancshares' key competitors?

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), Gilead Sciences (GILD), Huntington Bancshares (HBAN), Methanex (MEOH), PacWest Bancorp (PACW), People's United Financial (PBCT), Pattern Energy Group (PEGI), Primo Water (PRMW), Walgreens Boots Alliance (WBA) and AbbVie (ABBV).

Who are Red River Bancshares' key executives?

Red River Bancshares' management team includes the following people:
  • Mr. R. Blake Chatelain, Pres, CEO & Director (Age 55)
  • Ms. Isabel V. Carriere CPA, Exec. VP, Treasurer, Assistant Sec. & CFO (Age 52)
  • Ms. Amanda Wood Barnett, Sr. VP, Gen. Counsel & Corp. Sec. (Age 55)
  • Mr. Andrew B. Cutrer, Sr. VP (Age 45)

When did Red River Bancshares IPO?

(RRBI) raised $26 million in an 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.

What is Red River Bancshares' stock symbol?

Red River Bancshares trades on the NASDAQ under the ticker symbol "RRBI."

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 Alliancebernstein L.P. (0.95%), State Street Corp (0.75%), THB Asset Management (0.42%), Geode Capital Management LLC (0.35%), Mendon Capital Advisors Corp (0.28%) and Hubbell Strickland Wealth Management LLC (0.20%). Company insiders that own Red River Bancshares stock include Andrew Blake Cutrer and Barry Dale Hines. View institutional ownership trends for Red River Bancshares.

Which major investors are selling Red River Bancshares stock?

RRBI stock was sold by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, and Foundation Resource Management Inc.. Company insiders that have sold Red River Bancshares company stock in the last year include Andrew Blake Cutrer, and Barry Dale Hines. View insider buying and selling activity for Red River Bancshares.

Which major investors are buying Red River Bancshares stock?

RRBI stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Geode Capital Management LLC, Hubbell Strickland Wealth Management LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., Nuveen Asset Management LLC, UBS Group AG, and Barclays PLC. View insider buying and selling activity for Red River Bancshares.

How do I buy shares of Red River Bancshares?

Shares of RRBI 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.

What is Red River Bancshares' stock price today?

One share of RRBI stock can currently be purchased for approximately $35.83.

How big of a company is Red River Bancshares?

Red River Bancshares has a market capitalization of $261.92 million and generates $89.69 million in revenue each year. The company earns $24.82 million in net income (profit) each year or $3.49 on an earnings per share basis. Red River Bancshares employs 321 workers across the globe. View additional information about Red River Bancshares.

What is Red River Bancshares' official website?

The official website for Red River Bancshares is http://www.redriverbank.net/.

How can I contact Red River Bancshares?

Red River Bancshares' mailing address is 1412 Centre Court Drive Suite 402, Alexandria LA, 71301. The company can be reached via phone at 318-561-5028 or via email at [email protected]


MarketBeat Community Rating for Red River Bancshares (NASDAQ RRBI)

Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  18 (Thanks for Voting!)
Underperform Votes:  49 (Thanks for Voting!)
Total Votes:  67
MarketBeat's community ratings are surveys of what our community members think about Red River Bancshares and other stocks. Vote "Outperform" if you believe RRBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RRBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel