Republic Bancorp Inc. (RBCAA) Sets New 1-Year High at $30.00
Republic Bancorp Inc. (NASDAQ:RBCAA) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $30.00 and last traded at $29.94, with a volume of 27,380 shares changing hands. The stock had previously closed at $29.49.
A number of research analysts recently weighed in on RBCAA shares. Zacks Investment Research lowered shares of Republic Bancorp from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 6th. Hilliard Lyons lowered shares of Republic Bancorp from a “buy” rating to a “neutral” rating in a report on Thursday, April 28th.
The firm has a market capitalization of $624.58 million and a PE ratio of 16.04. The firm’s 50-day moving average price is $28.42 and its 200-day moving average price is $26.72.
Republic Bancorp (NASDAQ:RBCAA) last announced its quarterly earnings results on Friday, July 22nd. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.04. On average, equities research analysts predict that Republic Bancorp Inc. will post $2.04 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, October 21st. Shareholders of record on Friday, September 16th will be issued a $0.209 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend is Wednesday, September 14th.
Republic Bancorp, Inc (Republic) is a financial holding company of Republic Bank & Trust Company (the Bank) and Republic Insurance Services, Inc (the Captive). The Bank is a Kentucky-based, state chartered non-member financial institution. The Captive is an insurance subsidiary of the Company. It operates in four segments: Traditional Banking, which provides traditional banking products primarily to customers; Warehouse Lending (Warehouse), which provides short-term, revolving credit facilities to mortgage bankers across the Nation; Mortgage Banking, which originates, sells and services long-term, single family, first lien residential real estate loans, and Republic Processing Group (RPG), which facilitates the receipt and payment of federal and state tax refund products.
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