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

$54.61
-0.28 (-0.51 %)
(As of 02/24/2020 06:07 AM ET)
Today's Range
$54.54
Now: $54.61
$54.98
50-Day Range
$52.95
MA: $54.96
$56.40
52-Week Range
$42.35
Now: $54.61
$59.00
Volume3,298 shs
Average Volume5,941 shs
Market Capitalization$399.20 million
P/E Ratio15.65
Dividend YieldN/A
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.

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$399.20 million
Next Earnings Date4/29/2020 (Estimated)
OptionableNot Optionable

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Red River Bancshares (NASDAQ:RRBI) Frequently Asked Questions

What is Red River Bancshares' stock symbol?

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

How were Red River Bancshares' earnings last quarter?

Red River Bancshares Inc (NASDAQ:RRBI) posted its earnings results on Wednesday, January, 29th. The company reported $0.92 EPS for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.05. The company earned $20.53 million during the quarter, compared to analysts' expectations 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.

When is Red River Bancshares' next earnings date?

Red River Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, April 29th 2020. View Earnings Estimates for Red River Bancshares.

What price target have analysts set for RRBI?

2 brokers have issued 1 year price targets for Red River Bancshares' stock. Their forecasts range from $56.00 to $60.00. On average, they anticipate Red River Bancshares' stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View Analyst Price Targets for Red River Bancshares.

What is the consensus analysts' recommendation for 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.

Has Red River Bancshares been receiving favorable news coverage?

Press coverage about RRBI stock has trended very negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Red River Bancshares earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Red River Bancshares.

Are investors shorting Red River Bancshares?

Red River Bancshares saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 75,200 shares, a decline of 22.4% from the January 15th total of 96,900 shares. Based on an average daily volume of 20,700 shares, the short-interest ratio is presently 3.6 days. Currently, 1.6% of the company's stock are sold short. View Red River Bancshares' Current Options Chain.

Who are some of Red River Bancshares' key competitors?

What other stocks do shareholders of Red River Bancshares own?

Who are Red River Bancshares' key executives?

Red River Bancshares' management team includes the folowing 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 initial public offering (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.

Who are Red River Bancshares' major shareholders?

Red River Bancshares' stock is owned by a variety of 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 institutional 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 for Red River Bancshares.

Which institutional investors are buying Red River Bancshares stock?

RRBI stock was purchased 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., UBS Group AG, Barclays PLC and Rhumbline Advisers. View Insider Buying and Selling 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 $54.61.

How big of a company is Red River Bancshares?

Red River Bancshares has a market capitalization of $399.20 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:  17 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  63
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 2/24/2020 by MarketBeat.com Staff

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