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NASDAQ:RRBI

Red River Bancshares (RRBI) Stock Price, News & Analysis

Red River Bancshares logo
$58.95 +0.07 (+0.12%)
(As of 11:04 AM ET)

About Red River Bancshares Stock (NASDAQ:RRBI)

Key Stats

Today's Range
$58.84
$59.27
50-Day Range
$49.91
$61.04
52-Week Range
$42.78
$62.13
Volume
1,636 shs
Average Volume
9,567 shs
Market Capitalization
$399.68 million
P/E Ratio
12.41
Dividend Yield
0.61%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. Red River Bancshares, Inc. was incorporated in 1998 and is headquartered in Alexandria, Louisiana.

Red River Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
70th Percentile Overall Score

RRBI MarketRank™: 

Red River Bancshares scored higher than 70% of companies evaluated by MarketBeat, and ranked 418th out of 946 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Red River Bancshares.

  • Earnings Growth

    Earnings for Red River Bancshares are expected to grow by 5.85% in the coming year, from $4.79 to $5.07 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Red River Bancshares is 12.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Red River Bancshares is 12.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.58.

  • Price to Book Value per Share Ratio

    Red River Bancshares has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.40% of the float of Red River Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Red River Bancshares has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Red River Bancshares has recently decreased by 19.81%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Red River Bancshares has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Red River Bancshares does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Red River Bancshares is 7.58%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Red River Bancshares will have a dividend payout ratio of 7.10% next year. This indicates that Red River Bancshares will be able to sustain or increase its dividend.

  • Read more about Red River Bancshares' dividend.
  • Percentage of Shares Shorted

    0.40% of the float of Red River Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Red River Bancshares has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Red River Bancshares has recently decreased by 19.81%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Red River Bancshares has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Red River Bancshares this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Red River Bancshares insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    16.40% of the stock of Red River Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 27.55% of the stock of Red River Bancshares is held by institutions.

  • Read more about Red River Bancshares' insider trading history.
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RRBI Stock News Headlines

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RRBI Stock Analysis - Frequently Asked Questions

Red River Bancshares' stock was trading at $56.11 at the beginning of the year. Since then, RRBI shares have increased by 5.1% and is now trading at $58.95.
View the best growth stocks for 2024 here
.

Red River Bancshares, Inc. (NASDAQ:RRBI) posted its quarterly earnings results on Wednesday, October, 30th. The company reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $1.18 by $0.09. The company earned $40.32 million during the quarter, compared to analyst estimates of $27.41 million. Red River Bancshares had a trailing twelve-month return on equity of 10.76% and a net margin of 21.42%.

Red River Bancshares (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 acted as the underwriters for the IPO.

Top institutional shareholders of Red River Bancshares include The Manufacturers Life Insurance Company (2.22%), State Street Corp (1.40%), Charles Schwab Investment Management Inc. (0.19%) and Martingale Asset Management L P (0.14%). Insiders that own company stock include Teddy Ray Price, Ronald Blake Chatelain, Kirk David Cooper, Isabel V Carriere, Tammi R Salazar, Bryon C Salazar, Michael D Crowell, Andrew Blake Cutrer, G Bridges Iv Hall and Amanda Wood Barnett.
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Red River Bancshares investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 9/19 Dividend
9/09/2024
Dividend Payable
9/19/2024
Last Earnings
10/30/2024
Ex-Dividend for 12/19 Dividend
12/09/2024
Today
12/16/2024
Dividend Payable
12/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:RRBI
Fax
N/A
Employees
340
Year Founded
N/A

Profitability

Net Income
$34.88 million
Pretax Margin
26.47%

Debt

Sales & Book Value

Annual Sales
$149.60 million
Cash Flow
$5.29 per share
Book Value
$42.60 per share

Miscellaneous

Free Float
5,666,000
Market Cap
$399.21 million
Optionable
Not Optionable
Beta
0.62
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This page (NASDAQ:RRBI) was last updated on 12/16/2024 by MarketBeat.com Staff
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