How to Buy Red River Bancshares Stock
Red River Bancshares Inc
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.
Red River Bancshares stock last closed at $47.21, up 3.42% from the previous day, and has increased 2.9% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.16 percentage points. Red River Bancshares stock is currently +8.52% from its 52-week low of $43.50, and -18.6% from its 52-week high of $58.00.
As of Apr 26, 2024, there are 7.09M shares of RRBI outstanding. The market cap of RRBI is $334.83M. In the last 24 hours, 5316 RRBI shares were traded.
How to Buy Red River Bancshares Stock
Not sure how to invest in Red River Bancshares stock? Here's how.
- Decide where to buy Red River Bancshares stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Red River Bancshares stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Analyze Red River Bancshares stock: The Red River Bancshares ticker symbol is RRBI. Is Red River Bancshares stock a good investment? Should you buy shares of RRBI? How do RRBI's underlying business fundamentals look? Do top analysts think Red River Bancshares is a good buy? Why has RRBI's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if RRBI is a good stock to buy).
- Place your RRBI purchase: Decide if you will purchase RRBI shares at the current market price or use a limit order to buy RRBI shares at a specific price.
- Get notifications regarding your investment in RRBI: Create a watchlist to keep track of your position in Red River Bancshares shares.
Step 1: Decide where to buy Red River Bancshares stock
You will need a brokerage account in order to access the NASDAQ market and buy RRBI shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you can invest in RRBI today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you have created your account on a good online stock trading app, you can securely and quickly fund your account:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Red River Bancshares stock
After you have identified the best place to buy Red River Bancshares stock, it's very important to research their stock before you invest, so you truly wrap your head around the risk and opportunity.
Red River Bancshares Metrics
Red River Bancshares Overview
WallStreetZen was built to help average investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on RRBI's stock page.
Is RRBI stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge RRBI's true value.
Using relative valuations ratios:
- RRBI may be undervalued based on its P/E ratio of 9.69x, relative to Banks - Regional industry P/E ratio of -9.61x
- RRBI may be overvalued based on its P/B ratio of 1.1x, relative to Banks - Regional industry P/B ratio of 0.99x
- RRBI could be overvalued based on its PEG ratio of 1.83x
You can do additional valuation analysis on RRBI's stock here.
RRBI Financial Summary
Passed Financial Due Diligence Checks:
- RRBI's operating cash flow of $40.11M allows it to safely service it's debt of $3.77M.
- RRBI earnings of $42.94M is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
- RRBI has a relatively high debt to equity ratio of 9.3.
- Total RRBI debt is higher than 5 years ago, relative to shareholder equity.
- RRBI profit margin has gone down from 35.6% to 32.7% in the past year.
Is it a good time to buy RRBI stock, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on RRBI, the consensus analyst rating on RRBI is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Red River Bancshares stock forecast page.
RRBI Trading Indicators
RRBI Revenue
Last year, RRBI earnings were $34.88M. Over the last five year, RRBI's earnings have grown by 7.26% per year. This was slower than the Banks - Regional industry average of 17.16%.
Last year, RRBI revenue was $106.82M. During the last 5 year, RRBI's revenue has grown by 8.28% per year. This was faster than the Banks - Regional industry average of 7.44%.
Learn more about RRBI's earnings and revenue performance here.
What are RRBI executives and large shareholders up to?
Over the past 12 months, insiders at RRBI have sold more shares than they have bought.
Bryon C. Salazar, Executive Vice President Chief Banking Officer and Director of Red River Bank of RRBI, was the latest RRBI insider to sell. They sold $39,089.05 worth of RRBI shares on Mar 28, 2024.
Get more info about who owns RRBI stock here.
Does RRBI provide a stable income stream?
Red River Bancshares pays a dividend of 0.7%, compared to the Banks - Regional industry's average dividend yield of 3.85%. If you owned $1,000 of RRBI stock, you would have been paid $6.99 last year.
Red River Bancshares dividend payments have consistently grown over the past 5 years and have remained stable.
Get more data about Red River Bancshares dividend yield and history here.
What others are saying about RRBI
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your RRBI purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and your broker will place the order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in RRBI
Now that you own some RRBI shares, you'll want to stay up-to-date on your shares.
Create a watchlist to monitor your RRBI stock.
RRBI Feed
How to Buy Stock in Red River Bancshares
To reiterate, here are the 6 steps to buy Red River Bancshares stock:
- Decide where to buy Red River Bancshares stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Red River Bancshares stock
- Place your RRBI purchase
- Get notifications regarding your investment in RRBI
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your new investment in Red River Bancshares, get started below.
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