Red River Bancshares (NASDAQ:RRBI – Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, April 24th. Analysts expect Red River Bancshares to post earnings of $1.30 per share and revenue of $28.24 million for the quarter.
Red River Bancshares (NASDAQ:RRBI – Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. Red River Bancshares had a net margin of 21.71% and a return on equity of 11.04%. On average, analysts expect Red River Bancshares to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Red River Bancshares Stock Performance
Shares of RRBI opened at $49.64 on Thursday. Red River Bancshares has a 52 week low of $42.78 and a 52 week high of $62.13. The stock has a market capitalization of $336.46 million, a price-to-earnings ratio of 10.01 and a beta of 0.47. The stock has a fifty day moving average of $53.20 and a 200-day moving average of $54.29.
Red River Bancshares Increases Dividend
Wall Street Analysts Forecast Growth
Separately, Raymond James assumed coverage on shares of Red River Bancshares in a report on Tuesday, April 8th. They set an “outperform” rating and a $57.00 target price on the stock.
View Our Latest Report on RRBI
About Red River Bancshares
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.
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