Republic Bancorp Inc. (NASDAQ:RBCAA)’s share price reached a new 52-week high on Thursday . The company traded as high as $33.26 and last traded at $31.78, with a volume of 19,712 shares traded. The stock had previously closed at $32.01.

Separately, Zacks Investment Research raised Republic Bancorp from a “hold” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research note on Tuesday, August 16th.

The firm has a 50-day moving average price of $30.75 and a 200-day moving average price of $27.66. The firm has a market capitalization of $670.09 million and a PE ratio of 17.20.

Republic Bancorp (NASDAQ:RBCAA) last issued its 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 forecast that Republic Bancorp Inc. will post $2.04 EPS for the current year.

The business also recently announced 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. The ex-dividend date is Wednesday, September 14th. This represents a $0.84 dividend on an annualized basis and a yield of 2.60%.

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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