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 $35.30 -1.30 (-3.55 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$35.00Now: $35.30▼$38.4850-Day Range$29.90MA: $46.14▼$55.0052-Week Range$29.90Now: $35.30▼$59.00Volume12,400 shsAverage Volume12,058 shsMarket Capitalization$257.90 millionP/E Ratio10.11Dividend Yield0.66%BetaN/A ProfileAnalyst RatingsAdvanced ChartDividendEarningsInsider 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™ 3.3 Analyst's Opinion Consensus RatingRed River Bancshares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.00, Red River Bancshares has a potential upside of 64.3% from its current price of $35.30.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 19 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRed River Bancshares has received 49 “underperform” votes. (Add your “underperform” vote.)Community SentimentRed River Bancshares has received 72.06% “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 0.66%, 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 6.82 % next year. This indicates that Red River Bancshares will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red River Bancshares insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 14.95% 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 1.15% in the coming year, from $3.48 to $3.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red River Bancshares is 10.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Red River Bancshares is 10.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.64. Previous Next Analyst Opinion: 3.3Community Rank: 1.4Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.97 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 Webhttp://www.redriverbank.net/ Phone318-561-5028Debt Debt-to-Equity Ratio0.02 Current Ratio0.91 Quick Ratio0.89Price-To-Earnings Trailing P/E Ratio10.11 Forward P/E Ratio10.14 P/E GrowthN/A Sales & Book Value Annual Sales$89.69 million Price / Sales2.88 Cash Flow$3.97 per share Price / Cash Flow8.90 Book ValueN/A Price / BookN/AProfitability EPS (Most Recent Fiscal Year)$3.49 Net Income$24.82 million Net Margins27.68% Return on Equity10.59% Return on Assets1.28%Miscellaneous Employees321 Outstanding Shares7,306,000Market Cap$257.90 million Next Earnings Date4/29/2020 (Estimated) OptionableNot Optionable 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. NASDAQ:RRBI Rates by TradingView 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 Coronavirus reached pandemic status according to the World Health Organization. Since then, RRBI stock has decreased by 19.8% and is now trading at $35.30. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Red River Bancshares' next earnings date? Red River Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, April 29th 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, January, 29th. The company reported $0.92 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.05. The business 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 10.59%. 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 Not Available dividend on Thursday, February 27th. Investors of record on Monday, March 16th will be paid a dividend of $0.06 per share on Thursday, March 26th. The ex-dividend date is Friday, March 13th. View Red River Bancshares' dividend history. What price target have analysts set for RRBI? 2 equities research analysts have issued 12 month price targets for Red River Bancshares' shares. Their forecasts range from $56.00 to $60.00. On average, they expect Red River Bancshares' share price to reach $58.00 in the next year. This suggests a possible upside of 64.3% from the stock's current price. View analysts' price targets for Red River Bancshares. Has Red River Bancshares been receiving favorable news coverage? News articles about RRBI stock have been trending very negative on Saturday, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Red River Bancshares earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutRed River Bancshares. Who are some of Red River Bancshares' key competitors? Some companies that are related to Red River Bancshares include Independent Bank Group (IBTX), Southside Bancshares (SBSI), Eagle Bancorp (EGBN), Seacoast Banking Co. of Florida (SBCF), Lakeland Financial (LKFN), First Busey (BUSE), TriCo Bancshares (TCBK), Oritani Financial (ORIT), 1st Source (SRCE), German American Bancorp. (GABC), Enterprise Financial Services (EFSC), Veritex (VBTX), First National Bank Alaska (FBAK), Stock Yards Bancorp (SYBT) and First Bancorp (FBNC). 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), Gilead Sciences (GILD), Huntington Bancshares (HBAN), Methanex (MEOH), PacWest Bancorp (PACW), People's United Financial (PBCT), Pattern Energy Group (PEGI), Primo Water (PRMW), Walgreens Boots Alliance (WBA) and AbbVie (ABBV). 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 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 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." 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 $35.30. How big of a company is Red River Bancshares? Red River Bancshares has a market capitalization of $257.90 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: Commodities
