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

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.

1 equities research analysts have issued 1-year price objectives for Red River Bancshares' stock. Their RRBI share price targets range from $55.00 to $55.00. On average, they anticipate the company's stock price to reach $55.00 in the next year. This suggests a possible upside of 17.2% 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 beginning of the year. Since then, RRBI shares have decreased by 16.4% and is now trading at $46.91.
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Red River Bancshares saw a decline in short interest in March. As of March 31st, there was short interest totaling 18,200 shares, a decline of 21.2% from the March 15th total of 23,100 shares. Based on an average daily trading volume, of 9,500 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.4% of the shares of the stock 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 quarterly earnings results on Tuesday, January, 30th. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.16. The business earned $27.28 million during the quarter, compared to analyst estimates 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. Investors 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 annualized dividend and a yield of 0.77%. The ex-dividend date is Friday, March 8th. This is a boost 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 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.

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.
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