Renasant/RNST

$28.46

-1.35%
-
1D1W1MYTD1YMAX

About Renasant

Renasant Corporation owns and operates Renasant Bank. The Company operates through three segments: Community Banks segment, Insurance segment and Wealth Management segment. Community Banks segment delivers a complete range of banking and financial services to individuals and to businesses of all sizes, including checking and savings accounts, business and personal loans, asset-based lending, factoring and equipment leasing, as well as safe deposit and night depository facilities. Insurance segment includes a full-service insurance agency offering all various commercial and personal insurance through various carriers. Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts and custodial accounts. Through its Financial Services division, provides fixed and variable annuities, mutual funds, and other investment services.

Ticker

RNST

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

Edward Mcgraw

Employees

2,300

Headquarters

Tupelo, United States

Renasant Metrics

BasicAdvanced
$1.62B
Market cap
11.23
P/E ratio
$2.56
EPS
1.05
Beta
$0.88
Dividend rate
3.06%
Dividend yield
$1.62B
1.05138
$34.85
$22.99
241.55K
$0.88
18.691
19.021
34.75%
0.84%
6.53%
11.234
2.56
0.704
1.355
21.125
2.46%
3.06%
3.06%
47.16%
-13.2%
16.98%
20.05%

What the Analysts think about Renasant

Analyst Ratings

Majority rating from 7 analysts.
Hold

Price Targets

Average projection from 6 analysts.
22.98% upside
High $38.00
Low $33.00
$28.46
Current price
$35.00
Average price target

Renasant Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.18% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$230.7M
-5.37%
Net income
$28.1M
-32.78%
Profit margin
12.18%
-28.94%

Renasant Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 19.26%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.82
$0.83
$0.75
$0.76
-
Expected
$0.81
$0.75
$0.69
$0.64
$0.63
Surprise
1.77%
11.37%
8.48%
19.26%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Renasant stock?

Renasant (RNST) has a market cap of $1.62B as of April 17, 2024.

What is the P/E ratio for Renasant stock?

The price to earnings (P/E) ratio for Renasant (RNST) stock is 11.23 as of April 17, 2024.

Does Renasant stock pay dividends?

Yes, the Renasant (RNST) stock pays dividends to shareholders. As of April 17, 2024, the dividend rate is $0.88 and the yield is 3.06%. Renasant has a payout ratio of 34.75% on a trailing twelve-month basis.

When is the next Renasant dividend payment date?

The next Renasant (RNST) dividend payment is scheduled for June 28, 2024.

What is the beta indicator for Renasant?

Renasant (RNST) has a beta rating of 1.05. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Renasant stock price target?

The target price for Renasant (RNST) stock is $35, which is 22.98% above the current price of $28.46. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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