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NASDAQ:RNST

Renasant (RNST) Stock Price, News & Analysis

Renasant logo
$36.87 -0.47 (-1.27%)
As of 01:14 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Renasant Stock (NASDAQ:RNST)

Key Stats

Today's Range
$36.99
$37.70
50-Day Range
$33.94
$39.45
52-Week Range
$27.98
$39.63
Volume
126,729 shs
Average Volume
522,941 shs
Market Capitalization
$2.34 billion
P/E Ratio
11.27
Dividend Yield
2.39%
Price Target
$42.83
Consensus Rating
Moderate Buy

Company Overview

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. The company operates through Community Banks, Insurance, and Wealth Management segments. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and factoring equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate1-4 family mortgage; real estatecommercial mortgage; real estateconstruction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services. The Insurance segment provides insurance agency services, such as commercial and personal insurance products through insurance carriers. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; administrative and compliance services; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.

Renasant Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
84th Percentile Overall Score

RNST MarketRank™: 

Renasant scored higher than 84% of companies evaluated by MarketBeat, and ranked 251st out of 932 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Renasant has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Renasant has only been the subject of 4 research reports in the past 90 days.

  • Read more about Renasant's stock forecast and price target.
  • Earnings Growth

    Earnings for Renasant are expected to grow by 31.72% in the coming year, from $2.68 to $3.53 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Renasant is 11.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Renasant is 11.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.25.

  • Price to Book Value per Share Ratio

    Renasant has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Renasant's valuation and earnings.
  • Short Interest

    There is no current short interest data available for RNST.
  • Dividend Yield

    Renasant pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Renasant does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Renasant is 26.91%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Renasant will have a dividend payout ratio of 24.93% next year. This indicates that Renasant will be able to sustain or increase its dividend.

  • Read more about Renasant's dividend.
  • Short Interest

    There is no current short interest data available for RNST.
  • News Sentiment

    Renasant has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.87 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Renasant this week, compared to 3 articles on an average week.
  • Search Interest

    1 people have searched for RNST on MarketBeat in the last 30 days.
  • MarketBeat Follows

    2 people have added Renasant to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Renasant insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.82% of the stock of Renasant is held by insiders.

  • Percentage Held by Institutions

    77.31% of the stock of Renasant is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Renasant's insider trading history.
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RNST Stock News Headlines

Renasant Corporation Declares Quarterly Dividend
A deadly mistake in my prediction…
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Renasant names new Middle Tennessee president
Renasant files automatic mixed securities shelf
See More Headlines

RNST Stock Analysis - Frequently Asked Questions

Renasant's stock was trading at $35.75 at the beginning of 2025. Since then, RNST shares have increased by 4.1% and is now trading at $37.2250.
View the best growth stocks for 2025 here
.

Renasant Co. (NASDAQ:RNST) announced its quarterly earnings results on Tuesday, October, 22nd. The financial services provider reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.07. The financial services provider earned $318.34 million during the quarter, compared to analysts' expectations of $184.73 million. Renasant had a net margin of 17.91% and a trailing twelve-month return on equity of 6.58%.

Top institutional investors of Renasant include Vanguard Group Inc. (11.34%), Dimensional Fund Advisors LP (6.32%), Victory Capital Management Inc. (6.25%) and Westwood Holdings Group Inc. (2.77%). Insiders that own company stock include Curtis J Perry, Neal A Holland Jr, John Foy and John Creekmore.
View institutional ownership trends
.

Shares of RNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Renasant investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
10/22/2024
Ex-Dividend for 1/1 Dividend
12/18/2024
Dividend Payable
1/01/2025
Today
2/21/2025
Dividend Payable
3/31/2025
Next Earnings (Estimated)
4/22/2025
Fiscal Year End
12/31/2025
Ex-Dividend for 3/31 Dividend
1/01/2100

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:RNST
CUSIP
75970E10
Employees
2,300
Year Founded
1904

Price Target and Rating

Average Stock Price Target
$42.83
High Stock Price Target
$47.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+15.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$195.46 million
Pretax Margin
22.44%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$2.64 per share
Book Value
$42.13 per share

Miscellaneous

Free Float
61,773,000
Market Cap
$2.37 billion
Optionable
Optionable
Beta
1.03

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This page (NASDAQ:RNST) was last updated on 2/21/2025 by MarketBeat.com Staff
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