NASDAQ:RRBI Red River Bancshares Stock Forecast, Price & 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 $41.76 -1.38 (-3.20 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$41.50Now: $41.76▼$43.7750-Day Range$41.16MA: $44.44▼$49.1652-Week Range$29.90Now: $41.76▼$59.00Volume15,092 shsAverage Volume15,752 shsMarket Capitalization$306.02 millionP/E Ratio11.29Dividend Yield0.56%Beta1.07 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial 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™ 3.5 Analyst's Opinion Consensus RatingRed 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/DownsideAccording to analysts' consensus price target of $56.00, Red River Bancshares has a forecasted upside of 34.1% from its current price of $41.76.Amount of Analyst CoverageRed River Bancshares has received no research coverage in the past 90 days. Previous Next 1.5 Community Rank Outperform VotesRed River Bancshares has received 26 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRed River Bancshares has received 61 “underperform” votes. (Add your “underperform” vote.)Community SentimentRed River Bancshares has received 70.11% “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 1.7 Dividend Strength Dividend YieldRed River Bancshares has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthRed River Bancshares has only been increasing its dividend for 1 years.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 7.38% next year. This indicates that Red River Bancshares will be able to sustain or increase its dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Red River Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $199,982.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 21.80% of the stock of Red River Bancshares is held by insiders.Percentage Held by InstitutionsOnly 14.42% of the stock of Red River Bancshares is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Red River Bancshares are expected to decrease by -1.81% in the coming year, from $3.31 to $3.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red River Bancshares is 11.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Red River Bancshares is 11.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.19.Price to Book Value per Share RatioRed River Bancshares has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 1.5Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.18 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 Webwww.redriverbank.net Phone318-561-5028Debt Debt-to-Equity Ratio0.02 Current Ratio0.89 Quick Ratio0.89Price-To-Earnings Trailing P/E Ratio11.29 Forward P/E Ratio12.62 P/E GrowthN/A Sales & Book Value Annual Sales$89.69 million Price / Sales3.41 Cash Flow$3.55 per share Price / Cash Flow11.77 Book Value$34.48 per share Price / Book1.21Profitability EPS (Most Recent Fiscal Year)$3.49 Net Income$24.82 million Net Margins28.83% Return on Equity10.53% Return on Assets1.31%Miscellaneous Employees321 Outstanding Shares7,328,000Market Cap$306.02 million Next Earnings Date11/3/2020 (Estimated) OptionableNot Optionable $41.76 -1.38 (-3.20 %) (As of 09/23/2020 12:00 AM 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 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 shares have decreased by 5.1% and is now trading at $41.76. View which stocks have been most impacted by COVID-19. 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 Tuesday, November 3rd 2020. View our earnings forecast for Red River Bancshares. How were Red River Bancshares' earnings last quarter? Red River Bancshares Inc (NASDAQ:RRBI) issued its quarterly earnings data on Wednesday, July, 29th. The company reported $0.93 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.74 by $0.19. The business earned $22.78 million during the quarter, compared to analyst estimates of $21.32 million. Red River Bancshares had a net margin of 28.83% and a return on equity of 10.53%. 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 Tuesday, September 1st. Stockholders of record on Monday, September 14th will be paid a dividend of $0.06 per share on Thursday, September 24th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date is Friday, September 11th. View Red River Bancshares' dividend history. What price target have analysts set for RRBI? 1 analysts have issued 1 year price objectives 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 twelve months. This suggests a possible upside of 34.1% from the stock's current price. View analysts' price targets for Red River Bancshares. Who are some of Red River Bancshares' key competitors? Some companies that are related to Red River Bancshares include Renasant (RNST), TowneBank (TOWN), Banner (BANR), First Bancorp (FBP), Heartland Financial USA (HTLF), Lakeland Financial (LKFN), Live Oak Bancshares (LOB), Seacoast Banking Co. of Florida (SBCF), First Busey (BUSE), Oritani Financial (ORIT), Eagle Bancorp (EGBN), Veritex (VBTX), Southside Bancshares (SBSI), Stock Yards Bancorp (SYBT) and FB Financial (FBK). View all 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), Bank of Nova Scotia (BNS), British American Tobacco (BTI), Carnival (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. 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 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 a variety of retail and institutional investors. Top institutional investors include Charles Schwab Investment Management Inc. (0.46%), Siena Capital Partners GP LLC (0.42%), Goldman Sachs Group Inc. (0.27%), Nuveen Asset Management LLC (0.24%), Bank of New York Mellon Corp (0.22%) and Mendon Capital Advisors Corp (0.21%). 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 Siena Capital Partners GP LLC, Mendon Capital Advisors Corp, Bank of America Corp DE, UBS Group AG, and Russell Investments Group Ltd.. 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 Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., California Public Employees Retirement System, Nuveen Asset Management LLC, Foundation Resource Management Inc., Huntington National Bank, SG Americas Securities LLC, and Bank of New York Mellon Corp. 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 $41.76. How big of a company is Red River Bancshares? Red River Bancshares has a market capitalization of $306.02 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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. 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