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NASDAQ:RRBI

Red River Bancshares - RRBI Stock Forecast, Price & News

$52.93
+0.43 (+0.82%)
(As of 12/1/2022 11:32 AM ET)
Add
Compare
Today's Range
$52.30
$53.11
50-Day Range
$49.01
$59.16
52-Week Range
$47.09
$60.57
Volume
54 shs
Average Volume
4,866 shs
Market Capitalization
$380.04 million
P/E Ratio
10.82
Dividend Yield
0.53%
Price Target
$68.00

Red River Bancshares MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.5% Upside
$68.00 Price Target
Short Interest
Healthy
0.65% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.47
Upright™ Environmental Score
News Sentiment
0.47mentions of Red River Bancshares in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$15,918 Sold Last Quarter
Proj. Earnings Growth
8.12%
From $5.05 to $5.46 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.96 out of 5 stars

Finance Sector

57th out of 912 stocks

State Commercial Banks Industry

14th out of 191 stocks

RRBI stock logo

About Red River Bancshares (NASDAQ:RRBI) Stock

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. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It 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; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. It operates a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices in Lafayette and New Orleans, Louisiana. The company was incorporated in 1998 and is headquartered in Alexandria, Louisiana.

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RRBI Stock News Headlines

Red River Bancshares, Inc. (RRBI) To Go Ex-Dividend on December 2nd
Red River Bancshares: Q3 Earnings Insights
RRBI Red River Bancshares, Inc.
Texas Capital (TCBI) Q2 Earnings Lag Estimates
See More Headlines
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RRBI Company Calendar

Ex-Dividend for 9/22 Dividend
9/09/2022
Dividend Payable
9/22/2022
Last Earnings
10/28/2022
Today
12/01/2022
Ex-Dividend for 12/15 Dividend
12/02/2022
Dividend Payable
12/15/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/27/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:RRBI
Fax
N/A
Employees
342
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$68.00
High Stock Price Forecast
$68.00
Low Stock Price Forecast
$68.00
Forecasted Upside/Downside
+28.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$32.95 million
Pretax Margin
39.90%

Debt

Sales & Book Value

Annual Sales
$101.83 million
Cash Flow
$5.26 per share
Book Value
$33.88 per share

Miscellaneous

Free Float
5,568,000
Market Cap
$380.04 million
Optionable
Not Optionable
Beta
0.67

Key Executives

  • Mr. Ronald Blake Chatelain (Age 58)
    Pres, CEO & Director
    Comp: $756.53k
  • Mr. Bryon C. Salazar (Age 49)
    Exec. VP & Chief Lending Officer at Red River Bank
    Comp: $379.65k
  • Ms. Isabel V. Carriere CPA (Age 55)
    CPA, Exec. VP & CFO
  • Ms. Julia E. Callis (Age 53)
    VP, Corp. Counsel & Investor Relations Officer
  • Ms. Amanda Wood Barnett J.D. (Age 58)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Andrew Blake Cutrer (Age 47)
    Sr. VP













RRBI Stock - Frequently Asked Questions

Should I buy or sell Red River Bancshares stock right now?

1 Wall Street equities 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 equities 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 brokerages have issued 12 month target prices for Red River Bancshares' shares. Their RRBI share price forecasts range from $68.00 to $68.00. On average, they predict the company's stock price to reach $68.00 in the next year. This suggests a possible upside of 29.5% 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 2022?

Red River Bancshares' stock was trading at $53.50 at the beginning of 2022. Since then, RRBI stock has decreased by 1.9% and is now trading at $52.50.
View the best growth stocks for 2022 here
.

Are investors shorting Red River Bancshares?

Red River Bancshares saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 30,600 shares, a drop of 36.1% from the October 31st total of 47,900 shares. Based on an average trading volume of 6,800 shares, the days-to-cover ratio is presently 4.5 days. Approximately 0.7% of the shares of the stock are short sold.
View Red River Bancshares' Short Interest
.

When is Red River Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 27th 2023.
View our RRBI earnings forecast
.

How were Red River Bancshares' earnings last quarter?

Red River Bancshares, Inc. (NASDAQ:RRBI) released its quarterly earnings data on Friday, October, 28th. The company reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.27 by $0.15. The business earned $27.96 million during the quarter, compared to analysts' expectations of $27.08 million. Red River Bancshares had a net margin of 32.85% and a trailing twelve-month return on equity of 13.30%.

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, November 17th. Shareholders of record on Monday, December 5th will be given a dividend of $0.07 per share on Thursday, December 15th. This represents a $0.28 annualized dividend and a yield of 0.53%. The ex-dividend date is Friday, December 2nd.
Read our dividend analysis for RRBI
.

Is Red River Bancshares a good dividend stock?

Red River Bancshares (NASDAQ:RRBI) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.53%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRBI will have a dividend payout ratio of 5.13% 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 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.57%), Vanguard Group Inc. (3.04%), The Manufacturers Life Insurance Company (2.31%), Alliancebernstein L.P. (1.92%), State Street Corp (1.15%) and Dimensional Fund Advisors LP (0.47%). 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, Harold W Turner, Isabel V Carriere, Michael D Crowell 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 $52.50.

How much money does Red River Bancshares make?

Red River Bancshares (NASDAQ:RRBI) has a market capitalization of $376.95 million and generates $101.83 million in revenue each year. The company earns $32.95 million in net income (profit) each year or $4.89 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) 561-5028 or via email at investorrelations@redriverbank.net.

This page (NASDAQ:RRBI) was last updated on 12/1/2022 by MarketBeat.com Staff