Republic Bancorp Inc. (RBCAA) Reaches New 1-Year High at $31.41
Republic Bancorp Inc. (NASDAQ:RBCAA) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $31.41 and last traded at $31.13, with a volume of 12,939 shares traded. The stock had previously closed at $30.80.
Separately, Hilliard Lyons downgraded shares of Republic Bancorp from a “buy” rating to a “neutral” rating in a report on Thursday, April 28th.
The firm has a market cap of $649.40 million and a price-to-earnings ratio of 16.67. The company’s 50-day moving average price is $28.86 and its 200 day moving average price is $26.91.
Republic Bancorp (NASDAQ:RBCAA) last released 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 analysts predict that Republic Bancorp Inc. will post $2.04 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 21st. Stockholders of record on Friday, September 16th will be given a dividend of $0.209 per share. The ex-dividend date is Wednesday, September 14th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.69%.
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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