NASDAQ:RRBIRed River Bancshares Stock Price, Forecast & News Adding Choose a 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. Log In and Add $39.43 +0.43 (+1.10 %) (As of 06/4/2020 04:00 PM ET) Add Compare Share Today's Range$39.26Now: $39.43▼$41.0050-Day Range$32.00MA: $37.83▼$42.3052-Week Range$29.90Now: $39.43▼$59.00Volume9,300 shsAverage Volume12,634 shsMarket Capitalization$288.75 millionP/E Ratio11.11Dividend Yield0.61%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media 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 Beat the Market (BTM) Rank™ 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 $56.00, Red River Bancshares has a potential upside of 42.0% from its current price of $39.43.Amount of Analyst CoverageRed River Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 1.4 Community Rank Outperform VotesRed River Bancshares has received 21 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRed River Bancshares has received 54 “underperform” votes. (Add your “underperform” vote.)Community SentimentRed River Bancshares has received 72.00% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipRed River Bancshares is a leading dividend payer. It pays a dividend yield of 0.61%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRed River Bancshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Red River Bancshares is 6.88 %. 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 7.48 % next year. This indicates that Red River Bancshares will be able to sustain or increase its dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red River Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $223,144.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 21.80% of the stock of Red River Bancshares is held by insiders.Percentage Held by InstitutionsOnly 13.93% of the stock of Red River Bancshares is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Red River Bancshares are expected to decrease by -2.43% in the coming year, from $3.29 to $3.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red River Bancshares is 11.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Red River Bancshares is 11.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.31.Price to Book Value per Share RatioRed River Bancshares has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 1.4Dividend Strength: 3.3Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.50 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:RRBI Previous Symbol CUSIPN/A CIKN/A Webwww.redriverbank.net Phone318-561-5028Debt Debt-to-Equity Ratio0.02 Current Ratio0.88 Quick Ratio0.87Price-To-Earnings Trailing P/E Ratio11.11 Forward P/E Ratio11.98 P/E GrowthN/A Sales & Book Value Annual Sales$89.69 million Price / Sales3.22 Cash Flow$3.95 per share Price / Cash Flow9.98 Book Value$34.48 per share Price / Book1.14Profitability EPS (Most Recent Fiscal Year)$3.49 Net Income$24.82 million Net Margins28.18% Return on Equity10.36% Return on Assets1.32%Miscellaneous Employees321 Outstanding Shares7,323,000Market Cap$288.75 million Next Earnings Date8/3/2020 (Estimated) OptionableNot Optionable NASDAQ:RRBI Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RRBI stock has decreased by 10.4% and is now trading at $39.43. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Red River Bancshares? 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, 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 Monday, August 3rd 2020. View our earnings forecast for Red River Bancshares. How were Red River Bancshares' earnings last quarter? Red River Bancshares Inc (NASDAQ:RRBI) posted its quarterly earnings results on Wednesday, April, 29th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.82 by $0.10. The business had revenue of $20.82 million for the quarter. Red River Bancshares had a net margin of 28.18% and a return on equity of 10.36%. 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 declared a quarterly dividend on Thursday, May 28th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.06 per share on Thursday, June 25th. This represents a $0.24 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date is Friday, June 12th. View Red River Bancshares' dividend history. What price target have analysts set for RRBI? 1 equities research analysts have issued 12 month price targets for Red River Bancshares' stock. Their forecasts range from $56.00 to $56.00. On average, they expect Red River Bancshares' stock price to reach $56.00 in the next year. This suggests a possible upside of 42.0% from the stock's current price. View analysts' price targets for Red River Bancshares. Has Red River Bancshares been receiving favorable news coverage? News coverage about RRBI stock has been trending negative on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Red River Bancshares earned a news sentiment score of -2.7 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutRed River Bancshares. Are investors shorting Red River Bancshares? Red River Bancshares saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 24,600 shares, a decline of 18.3% from the April 30th total of 30,100 shares. Based on an average daily volume of 13,800 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.5% of the company's shares are sold short. View Red River Bancshares' Current Options Chain. Who are some of Red River Bancshares' key competitors? Some companies that are related to Red River Bancshares include Lakeland Financial (LKFN), Eagle Bancorp (EGBN), First Busey (BUSE), Southside Bancshares (SBSI), Veritex (VBTX), S & T Bancorp (STBA), 1st Source (SRCE), Oritani Financial (ORIT), TriCo Bancshares (TCBK), German American Bancorp. (GABC), Carolina Financial (CARO), Stock Yards Bancorp (SYBT), Great Western Bancorp (GWB), Enterprise Financial Services (EFSC) and FB Financial (FBK). View all 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), AbbVie (ABBV), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI) and Carnival (CCL). 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 served 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (3.48%), Wellington Management Group LLP (3.23%), Alliancebernstein L.P. (0.99%), State Street Corp (0.91%), Geode Capital Management LLC (0.40%) and Mendon Capital Advisors Corp (0.26%). Company insiders that own Red River Bancshares stock include Andrew Blake Cutrer, Barry Dale Hines, Isabel V Carriere and Teddy Ray Price. 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 Castine Capital Management LLC, THB Asset Management, UBS Group AG, Wellington Management Group LLP, Mendon Capital Advisors Corp, and ELCO Management Co. LLC. View insider buying and selling activity for Red River Bancshares. Which major investors are buying Red River Bancshares stock? RRBI stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, JPMorgan Chase & Co., Geode Capital Management LLC, Alliancebernstein L.P., Nisa Investment Advisors LLC, Bank of New York Mellon Corp, and Russell Investments Group Ltd.. Company insiders that have bought Red River Bancshares stock in the last two years include Isabel V Carriere, and Teddy Ray Price. 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 $39.43. How big of a company is Red River Bancshares? Red River Bancshares has a market capitalization of $288.75 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. What is Red River Bancshares' official website? The official website for Red River Bancshares is www.redriverbank.net. How can I contact Red River Bancshares? Red River Bancshares' mailing address is 1412 Centre Court Drive Suite 501, Alexandria LA, 71301. The company can be reached via phone at 318-561-5028 or via email at [email protected] This page was last updated on 6/5/2020 by MarketBeat.com Staff
