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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red River Bancshares in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RRBI shares.
View RRBI analyst ratings or view top-rated stocks.

1 brokers have issued 12-month price objectives for Red River Bancshares' stock. Their RRBI share price targets range from $55.00 to $55.00. On average, they expect the company's share price to reach $55.00 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for RRBI or view top-rated stocks among Wall Street analysts.

Red River Bancshares' stock was trading at $56.11 at the start of the year. Since then, RRBI shares have decreased by 18.6% and is now trading at $45.65.
View the best growth stocks for 2024 here.

Red River Bancshares saw a decline in short interest in April. As of April 15th, there was short interest totaling 13,700 shares, a decline of 24.7% from the March 31st total of 18,200 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 1.5 days. Approximately 0.3% of the shares of the company are short sold.
View Red River Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our RRBI earnings forecast.

Red River Bancshares, Inc. (NASDAQ:RRBI) issued its earnings results on Tuesday, January, 30th. The company reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.16. The business had revenue of $27.28 million for the quarter, compared to the consensus estimate of $25.50 million. Red River Bancshares had a net margin of 24.83% and a trailing twelve-month return on equity of 12.18%.

Red River Bancshares announced a quarterly dividend on Thursday, February 22nd. Shareholders of record on Monday, March 11th will be paid a dividend of $0.09 per share on Thursday, March 21st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Friday, March 8th. This is an increase from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for RRBI.

Red River Bancshares (NASDAQ:RRBI) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRBI will have a dividend payout ratio of 7.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RRBI.

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).

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 served as the underwriters for the IPO.

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.