S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
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At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
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Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

Renasant (RNST) Stock Price, News & Analysis

$31.28
+0.62 (+2.02%)
(As of 12/8/2023 08:57 PM ET)
Compare
Today's Range
$30.18
$31.29
50-Day Range
$23.85
$31.24
52-Week Range
$22.99
$40.86
Volume
238,500 shs
Average Volume
217,181 shs
Market Capitalization
$1.76 billion
P/E Ratio
10.79
Dividend Yield
2.81%
Price Target
$32.40

Renasant MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.6% Upside
$32.40 Price Target
Short Interest
Healthy
1.75% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-18.36%
From $3.05 to $2.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars

Finance Sector

667th out of 791 stocks

State Commercial Banks Industry

144th out of 165 stocks


RNST stock logo

About Renasant Stock (NASDAQ:RNST)

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. It operates through three segments: Community Banks, Insurance, and Wealth Management. 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.

RNST Stock Price History

RNST Stock News Headlines

Renasant Corp RNST
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
Renasant (NYSE:RNST) Has Affirmed Its Dividend Of $0.22
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
The Latest Analyst Ratings for Renasant
Renasant to move corporate listing to NYSE
KBRA Releases Surveillance Report for Renasant Corporation
Renasant (NASDAQ: RNST)
KBRA Affirms Ratings for Renasant Corporation
Q2 2023 Renasant Corp Earnings Call
Piper Sandler Keeps Their Hold Rating on Renasant (RNST)
4 Analysts Have This to Say About Renasant
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
10/24/2023
Today
12/10/2023
Ex-Dividend for 1/1 Dividend
12/15/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/01/2024
Next Earnings (Estimated)
1/23/2024

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:RNST
CUSIP
75970E10
Employees
2,334
Year Founded
1904

Price Target and Rating

Average Stock Price Target
$32.40
High Stock Price Target
$39.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+3.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$166.07 million
Pretax Margin
23.27%

Debt

Sales & Book Value

Annual Sales
$691.06 million
Cash Flow
$3.86 per share
Book Value
$38.17 per share

Miscellaneous

Free Float
54,531,000
Market Cap
$1.76 billion
Optionable
Optionable
Beta
1.09

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Key Executives

  • Mr. Edward Robinson McGraw (Age 76)
    Executive Chairman of the Board
    Comp: $1.63M
  • Mr. C. Mitchell Waycaster (Age 64)
    CEO & Executive Vice Chairman
    Comp: $2.34M
  • Mr. Kevin D. Chapman (Age 47)
    President & COO
    Comp: $1.48M
  • Mr. James C. Mabry IV (Age 65)
    Executive VP & CFO
    Comp: $1.39M
  • Mr. Curtis J. Perry (Age 60)
    Executive Vice President
    Comp: $1.12M
  • Ms. Kelly W. Hutcheson (Age 40)
    Executive VP & Chief Accounting Officer
  • Mr. Mark W. Jeanfreau (Age 47)
    Executive VP, General Counsel & Secretary
  • Mr. John Sterling Oxford (Age 46)
    Chief Marketing Officer
  • Mr. Stuart R. Johnson (Age 69)
    Executive Vice President
    Comp: $291.25k
  • Mr. James W. Gray (Age 66)
    Executive Vice President
    Comp: $349.19k














RNST Stock Analysis - Frequently Asked Questions

Should I buy or sell Renasant stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RNST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RNST, but not buy additional shares or sell existing shares.
View RNST analyst ratings
or view top-rated stocks.

What is Renasant's stock price target for 2024?

4 brokers have issued 12 month price objectives for Renasant's shares. Their RNST share price targets range from $27.00 to $39.00. On average, they expect the company's share price to reach $32.40 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for RNST
or view top-rated stocks among Wall Street analysts.

How have RNST shares performed in 2023?

Renasant's stock was trading at $37.59 at the beginning of 2023. Since then, RNST stock has decreased by 16.8% and is now trading at $31.28.
View the best growth stocks for 2023 here
.

When is Renasant's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our RNST earnings forecast
.

How were Renasant's earnings last quarter?

Renasant Co. (NASDAQ:RNST) issued its quarterly earnings data on Tuesday, October, 24th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. The financial services provider earned $166.21 million during the quarter, compared to analysts' expectations of $164.60 million. Renasant had a net margin of 18.59% and a trailing twelve-month return on equity of 8.46%.

How often does Renasant pay dividends? What is the dividend yield for Renasant?

Renasant declared a quarterly dividend on Thursday, November 9th. Investors of record on Monday, December 18th will be given a dividend of $0.22 per share on Monday, January 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend is Friday, December 15th.
Read our dividend analysis for RNST
.

Is Renasant a good dividend stock?

Renasant (NASDAQ:RNST) pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.87%. The dividend payout ratio is 30.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNST will have a dividend payout ratio of 35.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RNST.

What ETFs hold Renasant's stock?

ETFs with the largest weight of Renasant (NASDAQ:RNST) stock in their portfolio include Invesco S&P SmallCap Low Volatility ETF (XSLV) and First Trust NASDAQ ABA Community Bank Index Fund (QABA).EA Bridgeway Omni Small-Cap Value ETF (BSVO).

What is Robin McGraw's approval rating as Renasant's CEO?

20 employees have rated Renasant Chief Executive Officer Robin McGraw on Glassdoor.com. Robin McGraw has an approval rating of 72% among the company's employees.

What other stocks do shareholders of Renasant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Renasant investors own include AxoGen (AXGN), AT&T (T), Wells Fargo & Company (WFC), Walmart (WMT), General Mills (GIS), RH (RH), Taiwan Semiconductor Manufacturing (TSM), Exxon Mobil (XOM), Applied Materials (AMAT) and Activision Blizzard (ATVI).

Who are Renasant's major shareholders?

Renasant's stock is owned by many different institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (8.08%), Allspring Global Investments Holdings LLC (2.60%), Ameriprise Financial Inc. (1.54%), Charles Schwab Investment Management Inc. (1.26%), Northern Trust Corp (1.22%) and Bank of New York Mellon Corp (0.95%). Insiders that own company stock include Curtis J Perry, Edward Robinson Mcgraw, James W Gray, James W Gray, John Creekmore, John Foy and Neal A Holland Jr.
View institutional ownership trends
.

How do I buy shares of Renasant?

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

This page (NASDAQ:RNST) was last updated on 12/11/2023 by MarketBeat.com Staff

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