NASDAQ:RRBI

Red River Bancshares Stock Forecast, Price & News

$51.62

-0.33 (-0.64 %)

(As of 01/26/2021 03:49 PM ET)

Add

Compare

Today's Range

$51.40

Now: $51.62▼

$52.04

50-Day Range

$48.84

MA: $50.81▼

$52.97

52-Week Range

$29.90

Now: $51.62▼

$55.48

Volume355 shs

Average Volume7,387 shs

Market Capitalization$378.12 million

P/E Ratio13.73

Dividend Yield0.45%

Beta0.95

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. It provides various deposit products, including checking, saving, money market accounts, and time deposits. The company also 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, such as lines of credit, working capital loans, term loans, equipment financing, asset acquisition, expansion and development loans, borrowing base loans, letters of credit, and other loan products; tax-exempt loans; and consumer loans, including residential real estate loans, home equity loans, installment loans, unsecured and secured personal lines of credit, and standby letters of credit. In addition, it provides treasury management, private banking, and investment services. The company operates 25 banking centers and 32 ATMs. Red River Bancshares, Inc. was founded in 1998 and is headquartered in Alexandria, Louisiana.

Overall MarketRank^™

1.18 out of 5 stars

Finance Sector

915th out of 1,936 stocks

State Commercial Banks Industry

189th out of 309 stocks

1.5 Analyst's Opinion

Consensus Rating
Red 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/Downside
According to analysts' consensus price target of $56.00, Red River Bancshares has a forecasted upside of 8.3% from its current price of $51.70.
Amount of Analyst Coverage
Red River Bancshares has received no research coverage in the past 90 days.

1.5 Community Rank

Outperform Votes
Red River Bancshares has received 29 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Red River Bancshares has received 67 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Red River Bancshares has received 69.79% “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.

1.7 Dividend Strength

Dividend Yield
Red River Bancshares has a dividend yield of 0.45%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Red River Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Red River Bancshares is 6.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Red River Bancshares will have a dividend payout ratio of 7.10% next year. This indicates that Red River Bancshares will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Red River Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $262,556.00 in company stock.
Percentage Held by Insiders
Only 21.80% of the stock of Red River Bancshares is held by insiders.
Percentage Held by Institutions
Only 15.23% of the stock of Red River Bancshares is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Red River Bancshares are expected to decrease by -7.65% in the coming year, from $3.66 to $3.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Red River Bancshares is 13.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Red River Bancshares is 13.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.10.
Price to Book Value per Share Ratio
Red River Bancshares has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone318-561-5028

Employees342

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio0.88

Quick Ratio0.87

Price-To-Earnings

Trailing P/E Ratio13.73

Forward P/E Ratio14.10

P/E GrowthN/A

Sales & Book Value

Annual Sales$89.69 million

Price / Sales4.22

Cash Flow$3.87 per share

Price / Cash Flow13.34

Book Value$34.48 per share

Price / Book1.50

Profitability

EPS (Most Recent Fiscal Year)$3.49

Net Income$24.82 million

Net Margins28.54%

Return on Equity10.37%

Return on Assets1.25%

Miscellaneous

Outstanding Shares7,325,000

Market Cap$378.12 million

Next Earnings Date2/3/2021 (Estimated)

OptionableNot Optionable

$51.62

-0.33 (-0.64 %)

(As of 01/26/2021 03:49 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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 price been impacted by COVID-19?

Red River Bancshares' stock was trading at $44.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RRBI stock has increased by 17.5% and is now trading at $51.70.
View which stocks have been most impacted by COVID-19.

Is Red River Bancshares a buy right now?

1 Wall Street research 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 research analysts is that investors should "buy" Red River Bancshares stock.
View analyst ratings for Red River Bancshares or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Red River Bancshares?

Wall Street analysts have given Red River Bancshares a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Red River Bancshares wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Red River Bancshares' next earnings date?

Red River Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for Red River Bancshares.

How were Red River Bancshares' earnings last quarter?

Red River Bancshares, Inc. (NASDAQ:RRBI) announced its earnings results on Thursday, October, 29th. The company reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.27. The company had revenue of $23.72 million for the quarter, compared to analyst estimates of $22.69 million. Red River Bancshares had a net margin of 28.54% and a trailing twelve-month return on equity of 10.37%.
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 quarterly dividend on Thursday, November 19th. Investors of record on Monday, December 7th will be paid a dividend of $0.06 per share on Thursday, December 17th. This represents a $0.24 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date is Friday, December 4th.
View Red River Bancshares' dividend history.

Is Red River Bancshares a good dividend stock?

Red River Bancshares pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.45%. The dividend payout ratio of Red River Bancshares is 6.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Red River Bancshares will have a dividend payout ratio of 7.10% next year. This indicates that Red River Bancshares will be able to sustain or increase its dividend.
View Red River Bancshares' dividend history.

What price target have analysts set for RRBI?

1 equities research analysts have issued twelve-month target prices for Red River Bancshares' shares. Their forecasts range from $56.00 to $56.00. On average, they expect Red River Bancshares' share price to reach $56.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price.
View analysts' price targets for Red River Bancshares or view Wall Street analyst' top-rated stocks.

Who are some of Red River Bancshares' key competitors?

Some companies that are related to Red River Bancshares include Triumph Bancorp (TBK), Eagle Bancorp (EGBN), Veritex (VBTX), Great Western Bancorp (GWB), First Busey (BUSE), TriCo Bancshares (TCBK), Tompkins Financial (TMP), S&T Bancorp (STBA), 1st Source (SRCE), Southside Bancshares (SBSI), Boston Private Financial (BPFH), First Bancorp (FBNC), Premier Financial (PFC), Enterprise Financial Services (EFSC) and Stock Yards Bancorp (SYBT).
View all of RRBI's 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), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), The Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival Co. & (CCL), Canadian Imperial Bank of Commerce (CM) and Cinemark (CNK).

Who are Red River Bancshares' key executives?

Red River Bancshares' management team includes the following people:

Mr. Ronald Blake Chatelain, Pres, CEO & Director (Age 57, Pay $617.29k)
Mr. Bryon C. Salazar, Exec. VP & Chief Lending Officer at Red River Bank (Age 48, Pay $315.9k)
Ms. Tammi R. Salazar, Exec. VP of Private Banking, Mortgage & Investments at Red River Bank (Age 51, Pay $342.33k)
Ms. Isabel V. Carriere CPA, CPA, Exec. VP, Assistant Sec. & CFO (Age 54)
Ms. Amanda Wood Barnett J.D., Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)
Mr. Andrew Blake Cutrer, Sr. VP (Age 47)

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 many different institutional and retail investors. Top institutional investors include Crescent Capital Consulting LLC (0.13%). Company insiders that own Red River Bancshares stock include Andrew Blake Cutrer, Barry Dale Hines, Debbie B Triche, Ferdinand William Hackmeyer Jr, Isabel V Carriere and Teddy Ray Price.
View institutional ownership trends for Red River Bancshares.

Which institutional investors are buying Red River Bancshares stock?

RRBI stock was bought by a variety of institutional investors in the last quarter, including Crescent Capital Consulting LLC. 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 or or view top insider-buying stocks.

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 WeBull, 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 $51.70.

How big of a company is Red River Bancshares?

Red River Bancshares has a market capitalization of $378.70 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 342 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 1/26/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 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. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here