Raymond James Reiterates Outperform Rating on Red River Banchsares (RRBI)

Raymond James analyst Michael Rose reiterated an Outperform rating and $75.00 price target on Red River Banchsares (NASDAQ: RRBI).

The analyst comments "Bottom line: Recall in the 3Q25 earnings call we had with management following earnings, they noted they would remain opportunistic regarding future buybacks so long as the share price is attractive. Additionally, we note that consensus currently projects ~$6.9 million shares repurchased from 4Q25 to YE 2027, notably lower than the new authorization. As such, we aren’t surprised to such a relatively small authorization given its unattractive earnback of 3.5 years on repurchases (versus the peer average/median of 1.1/2.7 years). Further we note that the new authorization represents only 2.0% of shares outstanding based on the December 18 closing price where, if it were to exhaust the entire program in 2026, our 2027 EPS estimate would increase by $0.02 or ~0.3%, to $6.77, all else equal. Finally, we note that while management stated it maintains a list of potential target banks regarding future M&A, it does plan to continue future repurchases."

For an analyst ratings summary and ratings history on Red River Banchsares click here. For more ratings news on Red River Banchsares click here.

Shares of Red River Banchsares closed at $74.36 yesterday.

You May Also Be Interested In

• JD.com (JD) Reiterated at Buy by Benchmark Amid Earnings Recovery
• UBS Reiterates Buy Rating on NVIDIA (NVDA), Expects Q2 Revenue Beat
• Stripe, Advent In Talks To Buy Paypal - WSJ