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 $41.90 +0.70 (+1.70 %) (As of 08/5/2020 04:00 PM ET) Add Compare Share Today's Range$40.94Now: $41.90▼$41.9050-Day Range$38.05MA: $41.61▼$44.5152-Week Range$29.90Now: $41.90▼$59.00Volume5,738 shsAverage Volume15,593 shsMarket Capitalization$306.83 millionP/E Ratio11.32Dividend Yield0.58%Beta1.04 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider 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™ 3.5 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 potential upside of 33.7% from its current price of $41.90.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 23 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRed River Bancshares has received 58 “underperform” votes. (Add your “underperform” vote.)Community SentimentRed River Bancshares has received 71.60% “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 0.58%, which is in the bottom 25% of all stocks that pay dividends.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 7.67% 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 $223,144.00 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 13.99% 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 -3.10% in the coming year, from $3.23 to $3.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Red River Bancshares is 11.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Red River Bancshares is 11.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.69.Price to Book Value per Share RatioRed River Bancshares has a P/B Ratio of 1.22. 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: 1.4Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.16 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 Ratio0.88 Quick Ratio0.87Price-To-Earnings Trailing P/E Ratio11.32 Forward P/E Ratio12.97 P/E GrowthN/A Sales & Book Value Annual Sales$89.69 million Price / Sales3.42 Cash Flow$3.96 per share Price / Cash Flow10.57 Book Value$34.48 per share Price / Book1.22Profitability EPS (Most Recent Fiscal Year)$3.49 Net Income$24.82 million Net Margins28.83% Return on Equity10.71% Return on Assets1.37%Miscellaneous Employees321 Outstanding Shares7,323,000Market Cap$306.83 million Next Earnings Date11/3/2020 (Estimated) OptionableNot Optionable $41.90 +0.70 (+1.70 %) (As of 08/5/2020 04:00 PM 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 been impacted by COVID-19 (Coronavirus)? Red River Bancshares' stock was trading at $44.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RRBI stock has decreased by 4.8% and is now trading at $41.90. 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 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) released its quarterly earnings data on Wednesday, July, 29th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.74 by $0.19. The company had revenue of $22.78 million for 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 10.71%. 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. Investors 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 annualized dividend and a dividend yield of 0.57%. The ex-dividend date is Friday, June 12th. View Red River Bancshares' dividend history. What price target have analysts set for RRBI? 1 Wall Street analysts have issued 1-year price objectives for Red River Bancshares' shares. 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 33.7% from the stock's current price. View analysts' price targets for Red River Bancshares. Has Red River Bancshares been receiving favorable news coverage? Media stories about RRBI stock have been trending neutral on Wednesday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news 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 -5 to 5, with scores nearest to five being the most favorable. Red River Bancshares earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Red River Bancshares. Are investors shorting Red River Bancshares? Red River Bancshares saw a drop in short interest in July. As of July 15th, there was short interest totaling 52,700 shares, a drop of 33.4% from the June 30th total of 79,100 shares. Based on an average daily trading volume, of 19,500 shares, the short-interest ratio is presently 2.7 days. Currently, 1.1% of the shares of the stock are short sold. View Red River Bancshares' Current Options Chain. Who are some of Red River Bancshares' key competitors? Some companies that are related to Red River Bancshares include Heartland Financial USA (HTLF), Seacoast Banking Co. of Florida (SBCF), Eagle Bancorp (EGBN), First Busey (BUSE), Stock Yards Bancorp (SYBT), Southside Bancshares (SBSI), Veritex (VBTX), TriCo Bancshares (TCBK), 1st Source (SRCE), Oritani Financial (ORIT), S & T Bancorp (STBA), FB Financial (FBK), Enterprise Financial Services (EFSC), German American Bancorp. (GABC) and Great Western Bancorp (GWB). 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), 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 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. 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 Mendon Capital Advisors Corp (0.21%), Foundation Resource Management Inc. (0.07%), Huntington National Bank (0.04%), SG Americas Securities LLC (0.04%), Russell Investments Group Ltd. (0.03%) and UBS Group AG (0.02%). 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 Mendon Capital Advisors Corp, 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 acquired by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., Huntington National Bank, and SG Americas Securities LLC. 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 $41.90. How big of a company is Red River Bancshares? Red River Bancshares has a market capitalization of $306.83 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 8/5/2020 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. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
