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Red River Bancshares - RRBI Stock Forecast, Price & News

$48.22
+0.40 (+0.84%)
(As of 03/29/2023 12:00 AM ET)
Add
Compare
Today's Range
$47.60
$48.24
50-Day Range
$46.05
$51.91
52-Week Range
$46.05
$60.57
Volume
5,221 shs
Average Volume
5,010 shs
Market Capitalization
$346.27 million
P/E Ratio
9.38
Dividend Yield
0.66%
Price Target
$68.00

Red River Bancshares MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.0% Upside
$68.00 Price Target
Short Interest
Bearish
0.75% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.47
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$125,362 Sold Last Quarter
Proj. Earnings Growth
2.05%
From $5.36 to $5.47 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Finance Sector

305th out of 892 stocks

State Commercial Banks Industry

84th out of 188 stocks


RRBI stock logo

About Red River Bancshares (NASDAQ:RRBI) Stock

Red River Bancshares, Inc. is a bank holding company, which engages in the provision of banking products and services for commercial and retail customers through its subsidiary. It offers real estate and commercial loans, treasury management, retail banking networks, private banking, residential mortgage lending, and investment services. The company was founded on March 16, 1998 and is headquartered in Alexandria, LA.

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RRBI Stock News Headlines

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Red River Bancshares: Q3 Earnings Insights
RRBI Red River Bancshares, Inc.
See More Headlines
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RRBI Company Calendar

Last Earnings
1/30/2023
Ex-Dividend for 3/23 Dividend
3/10/2023
Dividend Payable
3/23/2023
Today
3/29/2023
Next Earnings (Estimated)
5/05/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:RRBI
Fax
N/A
Employees
342
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$68.00
High Stock Price Forecast
$68.00
Low Stock Price Forecast
$68.00
Forecasted Upside/Downside
+41.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$36.92 million
Pretax Margin
39.76%

Debt

Sales & Book Value

Annual Sales
$104.73 million
Cash Flow
$5.74 per share
Book Value
$36.99 per share

Miscellaneous

Free Float
5,565,000
Market Cap
$346.41 million
Optionable
Not Optionable
Beta
0.60

Key Executives

  • R. Blake Chatelain
    President, Chief Executive Officer & Director
  • Isabel V. Carriere
    Executive VP, Chief Financial & Accounting Officer
  • Andrew B. Cutrer
    Senior Vice President
  • Julia Elizabeth Callis
    Secretary, Senior Vice President & General Counsel













RRBI Stock - Frequently Asked Questions

Should I buy or sell Red River Bancshares stock right now?

1 Wall Street research 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. The consensus among Wall Street research analysts is that investors should "buy" RRBI shares.
View RRBI analyst ratings
or view top-rated stocks.

What is Red River Bancshares' stock price forecast for 2023?

1 Wall Street research analysts have issued 1-year target prices for Red River Bancshares' shares. Their RRBI share price forecasts range from $68.00 to $68.00. On average, they expect the company's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price.
View analysts price targets for RRBI
or view top-rated stocks among Wall Street analysts.

How have RRBI shares performed in 2023?

Red River Bancshares' stock was trading at $51.06 at the start of the year. Since then, RRBI stock has decreased by 5.5% and is now trading at $48.24.
View the best growth stocks for 2023 here
.

When is Red River Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our RRBI earnings forecast
.

How were Red River Bancshares' earnings last quarter?

Red River Bancshares, Inc. (NASDAQ:RRBI) issued its quarterly earnings results on Monday, January, 30th. The company reported $1.42 EPS for the quarter, beating analysts' consensus estimates of $1.34 by $0.08. The business had revenue of $31.60 million for the quarter, compared to the consensus estimate of $28.21 million. Red River Bancshares had a net margin of 32.63% and a trailing twelve-month return on equity of 14.37%.

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, February 23rd. Stockholders of record on Monday, March 13th will be paid a dividend of $0.08 per share on Thursday, March 23rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Friday, March 10th. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for RRBI
.

Is Red River Bancshares a good dividend stock?

Red River Bancshares (NASDAQ:RRBI) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.67%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRBI will have a dividend payout ratio of 5.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RRBI.

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 Co. & (CCL), Canadian Imperial Bank of Commerce (CM) and Cinemark (CNK).

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 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 number of institutional and retail investors. Top institutional investors include The Manufacturers Life Insurance Company (2.27%), Alliancebernstein L.P. (1.93%), Geode Capital Management LLC (1.13%), Dimensional Fund Advisors LP (0.48%), Charles Schwab Investment Management Inc. (0.16%) and Renaissance Technologies LLC (0.16%). Insiders that own company stock include Amanda Wood Barnett, Andrew Blake Cutrer, Barry Dale Hines, Bryon C Salazar, Debbie B Triche, Ferdinand William Hackmeyer Jr, G Bridges Iv Hall, Harold W Turner, Isabel V Carriere, Michael D Crowell, Tammi R Salazar and Teddy Ray Price.
View institutional ownership trends
.

How do I buy shares of Red River Bancshares?

Shares of RRBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Red River Bancshares' stock price today?

One share of RRBI stock can currently be purchased for approximately $48.24.

How much money does Red River Bancshares make?

Red River Bancshares (NASDAQ:RRBI) has a market capitalization of $346.41 million and generates $104.73 million in revenue each year. The company earns $36.92 million in net income (profit) each year or $5.14 on an earnings per share basis.

How many employees does Red River Bancshares have?

The company employs 342 workers across the globe.

How can I contact Red River Bancshares?

Red River Bancshares' mailing address is 1412 Centre Court Drive Suite 501, Alexandria LA, 71301. The official website for the company is www.redriverbank.net. The company can be reached via phone at (318) 561-4000 or via email at investorrelations@redriverbank.net.

This page (NASDAQ:RRBI) was last updated on 3/29/2023 by MarketBeat.com Staff