S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Critical asset just had biggest fall on record (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Arkhouse and Brigade up Macy's takeover offer to $6.6 billion following rejection of previous deal
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
OPEC+ production cuts deepen with extensions from Saudi Arabia, Russia and other oil giants
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
NASDAQ:RNST

Renasant (RNST) Stock Price, News & Analysis

$30.97
-0.64 (-2.02%)
(As of 03/1/2024 ET)
Today's Range
$30.71
$31.42
50-Day Range
$30.63
$34.85
52-Week Range
$22.99
$36.12
Volume
228,142 shs
Average Volume
221,004 shs
Market Capitalization
$1.74 billion
P/E Ratio
12.00
Dividend Yield
2.84%
Price Target
$31.50

Renasant MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.7% Upside
$31.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of Renasant in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.03%
From $2.56 to $2.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.90 out of 5 stars

Finance Sector

662nd out of 844 stocks

State Commercial Banks Industry

159th out of 182 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.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
RNST Mar 2024 30.000 put
Renasant Corporation Declares Quarterly Dividend
Renasant Corporation Declares Quarterly Dividend
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Recap: Renasant Q4 Earnings
Renasant Corp's Dividend Analysis
Renasant Corp RNST
Renasant (NYSE:RNST) Has Affirmed Its Dividend Of $0.22
See More Headlines
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Company Calendar

Ex-Dividend for 1/1 Dividend
12/15/2023
Dividend Payable
1/01/2024
Last Earnings
1/24/2024
Today
3/03/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$31.50
High Stock Price Target
$37.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+1.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$144.68 million
Pretax Margin
19.46%

Debt

Sales & Book Value

Annual Sales
$910.39 million
Cash Flow
$3.79 per share
Book Value
$40.87 per share

Miscellaneous

Free Float
54,604,000
Market Cap
$1.74 billion
Optionable
Optionable
Beta
1.03

Social Links

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Key Executives

  • Mr. Edward Robinson McGraw (Age 77)
    Executive Chairman of the Board
    Comp: $1.63M
  • Mr. C. Mitchell Waycaster (Age 65)
    CEO & Executive Vice Chairman
    Comp: $2.34M
  • Mr. Kevin D. Chapman (Age 48)
    President & COO
    Comp: $1.48M
  • Mr. James C. Mabry IV (Age 66)
    Executive VP & CFO
    Comp: $1.39M
  • Mr. Curtis J. Perry (Age 61)
    Executive Vice President
    Comp: $1.12M
  • Ms. Kelly W. Hutcheson (Age 41)
    Executive VP & Chief Accounting Officer
  • Mr. Mark W. Jeanfreau (Age 48)
    Executive VP, General Counsel & Secretary
  • Mr. John Sterling Oxford (Age 47)
    Chief Marketing Officer
  • Mr. Stuart R. Johnson (Age 70)
    Executive Vice President
    Comp: $291.25k
  • Mr. James W. Gray (Age 67)
    Executive Vice President
    Comp: $349.19k














RNST Stock Analysis - Frequently Asked Questions

Should I buy or sell Renasant stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street 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?

5 brokerages have issued 12 month price objectives for Renasant's shares. Their RNST share price targets range from $27.00 to $37.00. On average, they expect the company's share price to reach $31.50 in the next year. This suggests a possible upside of 1.7% 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 2024?

Renasant's stock was trading at $33.68 at the start of the year. Since then, RNST stock has decreased by 8.0% and is now trading at $30.97.
View the best growth stocks for 2024 here
.

When is Renasant's next earnings date?

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

How were Renasant's earnings last quarter?

Renasant Co. (NASDAQ:RNST) announced its earnings results on Wednesday, January, 24th. The financial services provider reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.12. The financial services provider had revenue of $230.79 million for the quarter, compared to analysts' expectations of $160.63 million. Renasant had a trailing twelve-month return on equity of 7.98% and a net margin of 15.94%. During the same quarter last year, the firm posted $0.89 earnings per share.

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

Renasant announced a quarterly dividend on Friday, February 16th. Shareholders of record on Friday, March 15th will be given a dividend of $0.22 per share on Friday, March 29th. This represents a $0.88 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Thursday, March 14th.
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 2.84%. The dividend payout ratio is 34.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNST will have a dividend payout ratio of 32.12% 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 Vanguard Group Inc. (11.43%), Dimensional Fund Advisors LP (6.97%), Victory Capital Management Inc. (5.85%), Westwood Holdings Group Inc. (3.39%), Allspring Global Investments Holdings LLC (2.58%) and Palisade Capital Management LP (1.80%). Insiders that own company stock include Curtis J Perry, James W Gray, James W Gray, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RNST) was last updated on 3/3/2024 by MarketBeat.com Staff