NASDAQ:RNST - Renasant Stock Price, News, & Analysis

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$33.75 -0.75 (-2.17 %)
(As of 04/22/2019 04:00 PM ET)
Previous Close$34.50
Today's Range$33.56 - $34.71
52-Week Range$28.02 - $49.78
Volume9,151 shs
Average Volume189,882 shs
Market Capitalization$1.98 billion
P/E Ratio11.36
Dividend Yield2.43%
Beta1.22
Renasant Corporation operates as a bank holding company for Renasant Bank, which 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, money market, individual retirement, and health savings accounts, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and business and personal, and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and cash management services. The Insurance segment provides insurance agency services, including commercial and personal insurance products through third-party insurance carriers. The Wealth Management segment offers range of wealth management and fiduciary services, which include administration and management of trust accounts comprising personal and corporate benefit accounts, self-directed IRA's, and custodial accounts; administers qualified retirement plans, profit sharing and other employee benefit plans, personal trusts, and estates; and annuities, mutual funds, and other investment services through a third party broker-dealer. As of December 31, 2017, the company had 180 banking, insurance, and financial services offices located in Mississippi, Tennessee, Alabama, Florida, and Georgia; 136 full-service branches and 13 limited-service branches; and 136 ATMs at on-premise locations and 16 ATMs located at off-premise sites. Renasant Corporation was founded in 1904 and is based in Tupelo, Mississippi.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:RNST
CUSIP75970E10
Phone662-680-1001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$605.82 million
Cash Flow$2.6914 per share
Book Value$34.81 per share

Profitability

Net Income$146.92 million

Miscellaneous

Employees2,359
Market Cap$1.98 billion
Next Earnings Date4/23/2019 (Confirmed)
OptionableOptionable

Renasant (NASDAQ:RNST) Frequently Asked Questions

What is Renasant's stock symbol?

Renasant trades on the NASDAQ under the ticker symbol "RNST."

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

Renasant announced a quarterly dividend on Monday, March 11th. Stockholders of record on Thursday, March 21st will be paid a dividend of $0.21 per share on Friday, March 29th. This represents a $0.84 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Wednesday, March 20th. View Renasant's Dividend History.

How were Renasant's earnings last quarter?

Renasant Corp. (NASDAQ:RNST) released its quarterly earnings data on Tuesday, January, 22nd. The financial services provider reported $0.78 earnings per share for the quarter, meeting analysts' consensus estimates of $0.78. The financial services provider earned $151.83 million during the quarter, compared to the consensus estimate of $152.15 million. Renasant had a net margin of 24.19% and a return on equity of 8.85%. During the same period in the previous year, the company posted $0.33 EPS. View Renasant's Earnings History.

When is Renasant's next earnings date?

Renasant is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Renasant.

How can I listen to Renasant's earnings call?

Renasant will be holding an earnings conference call on Wednesday, April 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8775131143.

What price target have analysts set for RNST?

3 brokers have issued 12 month price objectives for Renasant's stock. Their forecasts range from $36.00 to $38.00. On average, they expect Renasant's share price to reach $37.00 in the next year. This suggests a possible upside of 9.7% from the stock's current price. View Analyst Price Targets for Renasant.

What is the consensus analysts' recommendation for Renasant?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Renasant.

Has Renasant been receiving favorable news coverage?

Headlines about RNST stock have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Renasant earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the next few days.

Who are some of Renasant's key competitors?

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), Seagate Technology (STX), Texas Instruments (TXN), Xilinx (XLNX), General Electric (GE), Restoration Hardware (RH), Taiwan Semiconductor Mfg. (TSM), United Technologies (UTX), TD Ameritrade (AMTD) and Starbucks (SBUX).

Who are Renasant's key executives?

Renasant's management team includes the folowing people:
  • Mr. C. Mitchell Waycaster, Pres, CEO & Director (Age 60)
  • Mr. Kevin D. Chapman, Exec. VP, COO & CFO (Age 43)
  • Mr. R. Rick Hart, Exec. VP & Director (Age 70)
  • Mr. J. Scott Cochran, Exec. VP (Age 55)
  • Mr. John W. Gregory Jr., Member of Exec. Management Team (Age 69)

Who are Renasant's major shareholders?

Renasant's stock is owned by a number of of institutional and retail investors. Top institutional investors include Chartwell Investment Partners LLC (0.55%). Company insiders that own Renasant stock include Albert J Dale III, Bartow Morgan Jr, Curtis J Gabardi, Edward Robinson Mcgraw, Fred F Sharpe, J Niles Mcneel, James W Gray, Michael D Shmerling, R Rick Hart, Richard Heyer, Stuart Johnson and William Mark Williams. View Institutional Ownership Trends for Renasant.

Which major investors are selling Renasant stock?

RNST stock was sold by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC. Company insiders that have sold Renasant company stock in the last year include Edward Robinson Mcgraw, James W Gray and Stuart Johnson. View Insider Buying and Selling for Renasant.

How do I buy shares of Renasant?

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

What is Renasant's stock price today?

One share of RNST stock can currently be purchased for approximately $33.72.

How big of a company is Renasant?

Renasant has a market capitalization of $1.97 billion and generates $605.82 million in revenue each year. The financial services provider earns $146.92 million in net income (profit) each year or $3.00 on an earnings per share basis. Renasant employs 2,359 workers across the globe.

What is Renasant's official website?

The official website for Renasant is http://www.renasant.com.

How can I contact Renasant?

Renasant's mailing address is 209 TROY STREET, TUPELO MS, 38802. The financial services provider can be reached via phone at 662-680-1001 or via email at [email protected]


MarketBeat Community Rating for Renasant (NASDAQ RNST)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  340 (Vote Underperform)
Total Votes:  637
MarketBeat's community ratings are surveys of what our community members think about Renasant and other stocks. Vote "Outperform" if you believe RNST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RNST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/22/2019 by MarketBeat.com Staff

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