Positive News Sentiment NASDAQ:RRBI Red River Bancshares - RRBI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Red River Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $48.22 +0.40 (+0.84%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$47.60▼$48.2450-Day Range$46.05▼$51.9152-Week Range$46.05▼$60.57Volume5,221 shsAverage Volume5,010 shsMarket Capitalization$346.27 millionP/E Ratio9.38Dividend Yield0.66%Price Target$68.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability Red River Bancshares MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside41.0% Upside$68.00 Price TargetShort InterestBearish0.75% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.47Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$125,362 Sold Last QuarterProj. Earnings Growth2.05%From $5.36 to $5.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.77 out of 5 starsFinance Sector305th out of 892 stocksState Commercial Banks Industry84th out of 188 stocks 3.5 Analyst's Opinion Consensus RatingRed River Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $68.00, Red River Bancshares has a forecasted upside of 41.0% from its current price of $48.22.Amount of Analyst CoverageRed River Bancshares has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.75% of the float of Red River Bancshares has been sold short.Short Interest Ratio / Days to CoverRed River Bancshares has a short interest ratio ("days to cover") of 7.5.Change versus previous monthShort interest in Red River Bancshares has recently increased by 14.38%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldRed River Bancshares has a dividend yield of 0.67%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthRed River Bancshares has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Red River Bancshares is 6.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Red River Bancshares will have a dividend payout ratio of 5.85% next year. This indicates that Red River Bancshares will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRed River Bancshares has received a 33.80% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Red River Bancshares is -0.47. Previous Next 3.3 News and Social Media Coverage News SentimentRed River Bancshares has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Red River Bancshares this week, compared to 0 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red River Bancshares insiders have sold 385.84% more of their company's stock than they have bought. Specifically, they have bought $25,803.00 in company stock and sold $125,362.00 in company stock.Percentage Held by Insiders22.50% of the stock of Red River Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.22% of the stock of Red River Bancshares is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Red River Bancshares are expected to grow by 2.05% in the coming year, from $5.36 to $5.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red River Bancshares is 9.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Red River Bancshares is 9.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 138.35.Price to Book Value per Share RatioRed River Bancshares has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Red River Bancshares (NASDAQ:RRBI) StockRed River Bancshares, Inc. is a bank holding company, which engages in the provision of banking products and services for commercial and retail customers through its subsidiary. It offers real estate and commercial loans, treasury management, retail banking networks, private banking, residential mortgage lending, and investment services. The company was founded on March 16, 1998 and is headquartered in Alexandria, LA.Read More Receive RRBI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Red River Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address RRBI Stock News HeadlinesMarch 21, 2023 | americanbankingnews.comRed River Bancshares (NASDAQ:RRBI) and First Western Financial (NASDAQ:MYFW) Financial ComparisonMarch 2, 2023 | finance.yahoo.comInvesting in Red River Bancshares (NASDAQ:RRBI) three years ago would have delivered you a 13% gainMarch 29, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.February 23, 2023 | finance.yahoo.comRed River Bancshares, Inc. Announces Increased Quarterly Cash DividendFebruary 23, 2023 | finance.yahoo.comRed River Bancshares, Inc. Announces Increased Quarterly Cash DividendFebruary 7, 2023 | benzinga.com$10K HAVEN Grant Helps Louisiana Marine Veteran with Down Payment AssistanceJanuary 30, 2023 | finance.yahoo.comRed River Bancshares, Inc. Reports Fourth Quarter and Year-End 2022 Financial ResultsJanuary 25, 2023 | finance.yahoo.comFinWise Bancorp (FINW) Surpasses Q4 Earnings and Revenue EstimatesMarch 29, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.January 4, 2023 | finance.yahoo.comRed River Bancshares, Inc.'s (NASDAQ:RRBI) largest shareholders are individual investors with 46% ownership, insiders own 34%December 7, 2022 | finance.yahoo.comWith EPS Growth And More, Red River Bancshares (NASDAQ:RRBI) Makes An Interesting CaseNovember 18, 2022 | finance.yahoo.comRed River Bancshares, Inc. Announces Quarterly Cash DividendNovember 10, 2022 | finance.yahoo.comTeddy Price Is The Independent Chairman of Red River Bancshares, Inc. (NASDAQ:RRBI) And Just Spent US$55k On SharesNovember 10, 2022 | finance.yahoo.comRed River Bancshares (RRBI) Now Trades Above Golden Cross: Time to Buy?November 8, 2022 | finance.yahoo.comRed River Bancshares Third Quarter 2022 Earnings: Beats ExpectationsNovember 8, 2022 | finance.yahoo.comRecent Price Trend in Red River Bancshares (RRBI) is Your Friend, Here's WhyOctober 28, 2022 | msn.comRed River Bancshares: Q3 Earnings InsightsOctober 28, 2022 | finance.yahoo.comRed River Bancshares, Inc. Reports Third Quarter 2022 Financial ResultsOctober 28, 2022 | finance.yahoo.comRed River Bancshares (RRBI) Q3 Earnings and Revenues Beat EstimatesOctober 18, 2022 | finance.yahoo.comHere's Why Momentum in Red River Bancshares (RRBI) Should Keep goingOctober 14, 2022 | seekingalpha.comRRBI Red River Bancshares, Inc.October 10, 2022 | ftw.usatoday.comOklahoma fans are ROASTING Steve Sarkisian on Twitter ahead of the Red River Showdown and it's incredibleSeptember 16, 2022 | nasdaq.comMultiple insiders bought Red River Bancshares, Inc. (NASDAQ:RRBI) stock earlier this year, a positive sign for shareholdersAugust 15, 2022 | finance.yahoo.comRed River Bancshares' (NASDAQ:RRBI) investors will be pleased with their 23% return over the last three yearsAugust 1, 2022 | finance.yahoo.comRed River Bank Opens First New Orleans, Louisiana, Banking CenterJuly 29, 2022 | finance.yahoo.comRed River Bancshares, Inc. Reports Second Quarter 2022 Financial ResultsJuly 29, 2022 | finance.yahoo.comRed River Bancshares (RRBI) Surpasses Q2 Earnings and Revenue EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive RRBI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Red River Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address RRBI Company Calendar Last Earnings1/30/2023Ex-Dividend for 3/23 Dividend3/10/2023Dividend Payable3/23/2023Today3/29/2023Next Earnings (Estimated)5/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:RRBI CUSIPN/A CIK1071236 Webwww.redriverbank.net Phone(318) 561-4000FaxN/AEmployees342Year FoundedN/APrice Target and Rating Average Stock Price Forecast$68.00 High Stock Price Forecast$68.00 Low Stock Price Forecast$68.00 Forecasted Upside/Downside+41.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$5.14 Trailing P/E Ratio9.39 Forward P/E Ratio9.00 P/E GrowthN/ANet Income$36.92 million Net Margins32.63% Pretax Margin39.76% Return on Equity14.37% Return on Assets1.18% Debt Debt-to-Equity RatioN/A Current Ratio0.78 Quick Ratio0.78 Sales & Book Value Annual Sales$104.73 million Price / Sales3.31 Cash Flow$5.74 per share Price / Cash Flow8.40 Book Value$36.99 per share Price / Book1.30Miscellaneous Outstanding Shares7,181,000Free Float5,565,000Market Cap$346.41 million OptionableNot Optionable Beta0.60 Key ExecutivesR. Blake ChatelainPresident, Chief Executive Officer & DirectorIsabel V. CarriereExecutive VP, Chief Financial & Accounting OfficerAndrew B. CutrerSenior Vice PresidentJulia Elizabeth CallisSecretary, Senior Vice President & General CounselKey CompetitorsCitizens & NorthernNASDAQ:CZNCHomeStreetNASDAQ:HMSTCitizens Financial ServicesNASDAQ:CZFSFive Star BancorpNASDAQ:FSBCCapStar FinancialNASDAQ:CSTRView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 4,000 shares on 3/15/2023Ownership: 0.056%Teddy Ray PriceBought 47 shares on 2/24/2023Total: $2,397.47 ($51.01/share)Tammi R SalazarSold 177 sharesTotal: $9,204.00 ($52.00/share)B. Riley Wealth Advisors Inc.Bought 4,000 shares on 2/21/2023Ownership: 0.056%Alliancebernstein L.P.Bought 836 shares on 2/16/2023Ownership: 1.934%View All Insider TransactionsView All Institutional Transactions RRBI Stock - Frequently Asked Questions Should I buy or sell Red River Bancshares stock right now? 1 Wall Street research 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 research analysts is that investors should "buy" RRBI shares. View RRBI analyst ratings or view top-rated stocks. What is Red River Bancshares' stock price forecast for 2023? 1 Wall Street research analysts have issued 1-year target prices for Red River Bancshares' shares. Their RRBI share price forecasts range from $68.00 to $68.00. On average, they expect the company's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 41.0% 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 start of the year. Since then, RRBI stock has decreased by 5.5% and is now trading at $48.24. View the best growth stocks for 2023 here. When is Red River Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our RRBI earnings forecast. How were Red River Bancshares' earnings last quarter? Red River Bancshares, Inc. (NASDAQ:RRBI) issued its quarterly earnings results on Monday, January, 30th. The company reported $1.42 EPS for the quarter, beating analysts' consensus estimates of $1.34 by $0.08. The business had revenue of $31.60 million for the quarter, compared to the consensus estimate of $28.21 million. Red River Bancshares had a net margin of 32.63% and a trailing twelve-month return on equity of 14.37%. 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 23rd. Stockholders of record on Monday, March 13th will be paid a dividend of $0.08 per share on Thursday, March 23rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Friday, March 10th. This is a boost from the stock's previous quarterly dividend of $0.07. 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 0.67%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRBI will have a dividend payout ratio of 5.85% 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 (IPO) on Friday, May 3rd 2019. The company issued 600,000 shares at a price of $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 number of institutional and retail investors. Top institutional investors include The Manufacturers Life Insurance Company (2.27%), Alliancebernstein L.P. (1.93%), Geode Capital Management LLC (1.13%), Dimensional Fund Advisors LP (0.48%), Charles Schwab Investment Management Inc. (0.16%) and Renaissance Technologies LLC (0.16%). Insiders that own company stock include Amanda Wood Barnett, Andrew Blake Cutrer, Barry Dale Hines, Bryon C Salazar, Debbie B Triche, Ferdinand William Hackmeyer Jr, G Bridges Iv Hall, Harold W Turner, Isabel V Carriere, Michael D Crowell, 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. What is Red River Bancshares' stock price today? One share of RRBI stock can currently be purchased for approximately $48.24. How much money does Red River Bancshares make? Red River Bancshares (NASDAQ:RRBI) has a market capitalization of $346.41 million and generates $104.73 million in revenue each year. The company earns $36.92 million in net income (profit) each year or $5.14 on an earnings per share basis. How many employees does Red River Bancshares have? The company employs 342 workers across the globe. How can I contact Red River Bancshares? Red River Bancshares' mailing address is 1412 Centre Court Drive Suite 501, Alexandria LA, 71301. The official website for the company is www.redriverbank.net. The company can be reached via phone at (318) 561-4000 or via email at investorrelations@redriverbank.net. This page (NASDAQ:RRBI) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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