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NASDAQ:RRBIRed River Bancshares Stock Price, Forecast & News

+0.43 (+1.10 %)
(As of 06/4/2020 04:00 PM ET)
Today's Range
Now: $39.43
50-Day Range
MA: $37.83
52-Week Range
Now: $39.43
Volume9,300 shs
Average Volume12,634 shs
Market Capitalization$288.75 million
P/E Ratio11.11
Dividend Yield0.61%
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.
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Beat the Market (BTM) Rank

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

Industry State commercial banks
Current SymbolNASDAQ:RRBI



Sales & Book Value

Annual Sales$89.69 million
Cash Flow$3.95 per share
Book Value$34.48 per share


Net Income$24.82 million


Market Cap$288.75 million
Next Earnings Date8/3/2020 (Estimated)
OptionableNot Optionable

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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?

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

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