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How to buy Red River Bancshares stock

Own Red River Bancshares stock in just a few minutes.

Fact checked

Red River Bancshares, Inc is a banks-regional business based in the US. Red River Bancshares shares (RRBI) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Red River Bancshares

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Red River Bancshares. Find the stock by name or ticker symbol: RRBI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Red River Bancshares reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Red River Bancshares, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Red River Bancshares. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Red River Bancshares share price

Use our graph to track the performance of RRBI stocks over time.

Red River Bancshares shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$29.7803 - USD$53.6922
50-day moving average USD$50.5433
200-day moving average USD$47.7837
Wall St. target priceUSD$52.75
PE ratio 13.329
Dividend yield USD$0.24 (0.47%)
Earnings per share (TTM) USD$3.83

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Red River Bancshares stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Red River Bancshares under- or over-valued?

Valuing Red River Bancshares stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Red River Bancshares's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Red River Bancshares's P/E ratio

Red River Bancshares's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Red River Bancshares shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Red River Bancshares financials

Revenue TTM USD$85.9 million
Operating margin TTM 40.76%
Gross profit TTM USD$85.9 million
Return on assets TTM 1.22%
Return on equity TTM 10.48%
Profit margin 32.78%
Book value $38.971
Market capitalisation USD$374 million

TTM: trailing 12 months

Shorting Red River Bancshares shares

There are currently 55,285 Red River Bancshares shares held short by investors – that's known as Red River Bancshares's "short interest". This figure is 0.3% up from 55,094 last month.

There are a few different ways that this level of interest in shorting Red River Bancshares shares can be evaluated.

Red River Bancshares's "short interest ratio" (SIR)

Red River Bancshares's "short interest ratio" (SIR) is the quantity of Red River Bancshares shares currently shorted divided by the average quantity of Red River Bancshares shares traded daily (recently around 7501.3568521031). Red River Bancshares's SIR currently stands at 7.37. In other words for every 100,000 Red River Bancshares shares traded daily on the market, roughly 7370 shares are currently held short.

However Red River Bancshares's short interest can also be evaluated against the total number of Red River Bancshares shares, or, against the total number of tradable Red River Bancshares shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Red River Bancshares's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Red River Bancshares shares in existence, roughly 10 shares are currently held short) or 0.0113% of the tradable shares (for every 100,000 tradable Red River Bancshares shares, roughly 11 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Red River Bancshares.

Find out more about how you can short Red River Bancshares stock.

Red River Bancshares share dividends

6%

Dividend payout ratio: 6.27% of net profits

Recently Red River Bancshares has paid out, on average, around 6.27% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.47% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Red River Bancshares shareholders could enjoy a 0.47% return on their shares, in the form of dividend payments. In Red River Bancshares's case, that would currently equate to about $0.24 per share.

While Red River Bancshares's payout ratio might seem low, this can signify that Red River Bancshares is investing more in its future growth.

Red River Bancshares's most recent dividend payout was on 17 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 4 December 2020 (the "ex-dividend date").

Red River Bancshares 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. It provides various deposit products, including checking, saving, money market accounts, and time deposits. The company also 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, such as lines of credit, working capital loans, term loans, equipment financing, asset acquisition, expansion and development loans, borrowing base loans, letters of credit, and other loan products; tax-exempt loans; and consumer loans, including residential real estate loans, home equity loans, installment loans, unsecured and secured personal lines of credit, and standby letters of credit. In addition, it provides treasury management, private banking, and investment services. The company operates 25 banking centers and 32 ATMs. Red River Bancshares, Inc. was founded in 1998 and is headquartered in Alexandria, Louisiana.

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