Renasant Corporation Company Profile (NASDAQ:RNST)

About Renasant Corporation

Renasant Corporation logoRenasant Corporation is a bank holding company that owns and operates Renasant Bank (the Bank) and Renasant Insurance, Inc. (Renasant Insurance), a subsidiary of the Bank with operations in Mississippi. The Company operates through three segments: Community Banks segment, Insurance segment and Wealth Management segment. The Community Banks segment offers a range of banking and financial services to individuals and small to medium-sized businesses. The Insurance segment includes an insurance agency offering all lines of commercial and personal insurance through major carriers. The Wealth Management segment offers a range of fiduciary services, which includes the administration and management of trust accounts, including personal and corporate benefit accounts, self-directed individual retirement accounts (IRAs), and custodial accounts. In addition, the Wealth Management segment offers annuities, mutual funds and other investment services through a third-party broker-dealer.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: RNST
  • CUSIP: 75970E10
Key Metrics:
  • Previous Close: $41.50
  • 50 Day Moving Average: $40.32
  • 200 Day Moving Average: $37.48
  • 52-Week Range: $30.21 - $44.65
  • Trailing P/E Ratio: 19.24
  • Foreward P/E Ratio: 15.12
  • P/E Growth: 1.72
  • Market Cap: $1.85B
  • Outstanding Shares: 44,332,000
  • Beta: 1.02
  • Net Margins: 19.50%
  • Return on Equity: 8.75%
  • Return on Assets: 1.15%
  • Debt-to-Equity Ratio: 0.18%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.89%
Additional Links:
Companies Related to Renasant Corporation:

Analyst Ratings

Consensus Ratings for Renasant Corporation (NASDAQ:RNST) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $38.75 (5.79% downside)

Analysts' Ratings History for Renasant Corporation (NASDAQ:RNST)
DateFirmActionRatingPrice TargetDetails
11/29/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$37.00 -> $43.00View Rating Details
11/28/2016Jefferies Group LLCDowngradeBuy -> Hold$41.00View Rating Details
9/12/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$38.00View Rating Details
3/28/2016Sandler O'NeillBoost Price TargetHold$30.00 -> $33.00View Rating Details
1/21/2016Hilliard LyonsUpgradeNeutral -> BuyView Rating Details
10/22/2015StephensDowngradeOverweight -> Equal WeightView Rating Details
(Data available from 2/24/2015 forward)


Earnings History for Renasant Corporation (NASDAQ:RNST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/18/2016Q316$0.58$0.59$113.47 millionViewN/AView Earnings Details
7/19/2016Q216$0.57$0.59$112.21 millionViewN/AView Earnings Details
4/26/2016Q116$0.52$0.54$104.12 millionViewN/AView Earnings Details
1/19/2016Q415$0.55$0.52$103.94 millionViewListenView Earnings Details
10/20/2015Q315$0.53$0.53$100.57 millionViewListenView Earnings Details
7/21/2015Q215$0.51$0.48$74.07 millionViewListenView Earnings Details
4/28/2015Q115$0.49$0.48$72.14 millionViewN/AView Earnings Details
1/20/2015Q414$0.49$0.49$74.30 millionViewN/AView Earnings Details
10/21/2014Q314$0.48$0.49$72.90 millionViewN/AView Earnings Details
7/15/2014Q214$0.44$0.47$70.47 millionViewN/AView Earnings Details
4/22/2014Q114$0.39$0.43$68.50 millionViewN/AView Earnings Details
1/21/2014Q413$0.35$0.40ViewN/AView Earnings Details
7/16/2013Q2 2013$0.32$0.33$52.88 millionViewN/AView Earnings Details
4/23/2013Q1 2013$0.28$0.30$52.41 millionViewN/AView Earnings Details
1/15/2013Q4 2012$0.28$0.29$52.87 millionViewN/AView Earnings Details
10/16/2012$0.25$0.28ViewN/AView Earnings Details
7/17/2012$0.24$0.25ViewN/AView Earnings Details
4/24/2012$0.23$0.24ViewN/AView Earnings Details
1/17/2012$0.21$0.23ViewN/AView Earnings Details
10/18/2011$0.25$0.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Renasant Corporation (NASDAQ:RNST)
Current Year EPS Consensus Estimate: $2.38 EPS
Next Year EPS Consensus Estimate: $2.72 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.54$0.54$0.54
Q2 20162$0.56$0.57$0.57
Q3 20162$0.55$0.57$0.56
Q4 20162$0.54$0.58$0.56
Q1 20172$0.51$0.52$0.52
Q2 20172$0.57$0.57$0.57
Q3 20172$0.60$0.61$0.61
Q4 20172$0.60$0.62$0.61
(Data provided by Zacks Investment Research)


Current Dividend Information for Renasant Corporation (NASDAQ:RNST)
Annual Dividend:$0.72
Dividend Yield:1.75%
Payout Ratio:33.33% (Based on Trailing 12 Months of Earnings)
30.25% (Based on Current Year Consensus EPS Estimate)
26.47% (Based on Next Year Consensus EPS Estimate)

Dividend History for Renasant Corporation (NASDAQ:RNST)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Renasant Corporation (NASDAQ:RNST)
Insider Ownership Percentage: 5.18%
Institutional Ownership Percentage: 59.29%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/21/2017Stuart JohnsonEVPSell4,339$40.81$177,074.59View SEC Filing  
2/14/2017Michael D. RossEVPSell32,735$40.77$1,334,605.95View SEC Filing  
12/2/2016O Leonard DormineyInsiderSell7,716$41.60$320,985.60View SEC Filing  
11/21/2016Albert J Dale IIIDirectorSell2,031$39.42$80,062.02View SEC Filing  
11/21/2016James W GrayEVPSell5,000$39.50$197,500.00View SEC Filing  
10/21/2016Fred F SharpeDirectorBuy2,000$33.70$67,400.00View SEC Filing  
8/29/2016Fred F SharpeDirectorBuy1,000$35.12$35,120.00View SEC Filing  
7/22/2016O Leonard DormineyInsiderSell6,000$33.01$198,060.00View SEC Filing  
7/22/2016R Rick HartEVPSell4,000$33.15$132,600.00View SEC Filing  
5/10/2016J Niles McneelDirectorSell2,500$33.51$83,775.00View SEC Filing  
3/4/2016O Leonard DormineyEVPSell8,273$33.20$274,663.60View SEC Filing  
1/26/2016John FoyDirectorBuy500$29.77$14,885.00View SEC Filing  
1/22/2016Fred F SharpeDirectorBuy500$30.55$15,275.00View SEC Filing  
12/8/2015John FoyDirectorBuy1,000$35.10$35,100.00View SEC Filing  
12/7/2015Michael D ShmerlingDirectorBuy2,000$35.76$71,520.00View SEC Filing  
11/23/2015Jeffrey B. LaceyEVPSell12,665$36.36$460,499.40View SEC Filing  
10/28/2015William M BeasleyDirectorSell7,200$35.37$254,664.00View SEC Filing  
10/27/2015William M BeasleyDirectorSell1,000$35.11$35,110.00View SEC Filing  
10/26/2015Fred F SharpeDirectorBuy1,700$34.89$59,313.00View SEC Filing  
10/23/2015William M BeasleyDirectorSell1,300$35.22$45,786.00View SEC Filing  
8/25/2015Michael D ShmerlingDirectorBuy4,000$29.97$119,880.00View SEC Filing  
5/8/2015Michael D ShmerlingDirectorBuy2,000$29.82$59,640.00View SEC Filing  
1/29/2015Marshall DickersonDirectorSell1,183$26.51$31,361.33View SEC Filing  
1/28/2015John FoyDirectorBuy4,300$26.75$115,025.00View SEC Filing  
1/26/2015Richard HeyerDirectorBuy1,100$27.56$30,316.00View SEC Filing  
8/1/2014Theodore MollDirectorBuy3,000$28.59$85,770.00View SEC Filing  
2/21/2014Edward Robinson McgrawCEOBuy1,000$26.95$26,950.00View SEC Filing  
2/20/2014John FoyDirectorBuy1,000$27.00$27,000.00View SEC Filing  
2/3/2014Michael ShmerlingDirectorBuy1,000$28.80$28,800.00View SEC Filing  
1/27/2014Michael ShmerlingDirectorBuy2,000$29.95$59,900.00View SEC Filing  
12/2/2013John FoyDirectorSell2,500$30.46$76,150.00View SEC Filing  
11/22/2013William BeasleyDirectorSell1,049$29.32$30,756.68View SEC Filing  
11/20/2013William BeasleyDirectorSell2,451$29.17$71,495.67View SEC Filing  
11/8/2013William BeasleyDirectorSell1,658$29.27$48,529.66View SEC Filing  
10/21/2013John FoyDirectorSell1,000$28.81$28,810.00View SEC Filing  
11/16/2012Neal A Holland JrDirectorBuy1,043$16.60$17,313.80View SEC Filing  
11/14/2012Neal A Holland JrDirectorBuy1,107$16.75$18,542.25View SEC Filing  
11/9/2012James W GrayEVPBuy1,685$17.80$29,993.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Renasant Corporation (NASDAQ:RNST)
DateHeadline logoInsider Trading Activity Renasant Corporation (NASDAQ:RNST) – EVP Sold 4,339 shares of Stock (NASDAQ:RNST) - February 23 at 7:43 PM logoRenasant Corp. breached its 50 day moving average in a Bullish Manner : RNST-US : February 20, 2017 (NASDAQ:RNST) - February 20 at 9:07 AM logoRENASANT CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:RNST) - February 8 at 11:29 PM logoRENASANT CORP Files SEC form 8-K/A, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:RNST) - February 8 at 11:29 PM logoRenasant Corp. : RNST-US: Dividend Analysis : December 14th, 2016 (record date) : By the numbers : January 31, 2017 (NASDAQ:RNST) - January 31 at 10:02 PM logoPost Earnings Coverage as Citigroup's Q4 Bottom-line Beat Expectations (NASDAQ:RNST) - January 23 at 8:58 AM logoRenasant : to buy Metropolitan Bank for $190M, boost assets more than $10B (NASDAQ:RNST) - January 21 at 4:00 AM logoBRIEF-Renasant says to get $6.8 mln if Metropolitan BancGroup terminates deal (NASDAQ:RNST) - January 19 at 6:02 PM logoEdited Transcript of RNST earnings conference call or presentation 18-Jan-17 3:00pm GMT (NASDAQ:RNST) - January 19 at 1:14 AM logoRenasant : reports record earnings, announces $190M merger (NASDAQ:RNST) - January 18 at 8:13 PM
News IconIs Renasant Corporation (RNST) a good pick for income investors? (NASDAQ:RNST) - January 18 at 8:13 PM logoRenasant's (RNST) CEO Robinson McGraw on Q4 2016 Results - Earnings Call Transcript (NASDAQ:RNST) - January 18 at 8:13 PM logoRenasant Corp. (RNST) Misses Q4 EPS by 1c (NASDAQ:RNST) - January 18 at 8:13 PM logoProminent regional banks merge in $190 million deal (NASDAQ:RNST) - January 18 at 8:13 PM
News IconRenasant Corporation (RNST) is an attractive dividend stock, but are there better? (NASDAQ:RNST) - January 18 at 8:03 AM logoRenasant beats 4Q profit forecasts (NASDAQ:RNST) - January 18 at 8:03 AM logoRENASANT CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:RNST) - January 18 at 8:03 AM logoRenasant Corporation Announces 2016 Fourth Quarter And Year-End Results (NASDAQ:RNST) - January 18 at 12:57 AM logoRenasant Corporation and Metropolitan BancGroup, Inc. Announce Definitive Merger Agreement (NASDAQ:RNST) - January 18 at 12:57 AM logoETFs with exposure to Renasant Corp. : January 17, 2017 (NASDAQ:RNST) - January 17 at 7:57 PM logoQ4 2016 Renasant Corp Earnings Release - After Market Close (NASDAQ:RNST) - January 17 at 12:15 PM logoRenasant Corp. breached its 50 day moving average in a Bearish Manner : RNST-US : January 13, 2017 (NASDAQ:RNST) - January 14 at 5:55 AM logoRenasant Announces 2016 Fourth Quarter and Year-end Earnings Webcast and Conference Call Information (NASDAQ:RNST) - January 11 at 9:47 PM logoRENASANT CORP : Change in Directors or Principal Officers (form 8-K) (NASDAQ:RNST) - December 23 at 7:45 PM logoRENASANT CORP Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:RNST) - December 23 at 7:45 PM logoRENASANT CORPORATION (NASDAQ:RNST) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:RNST) - December 21 at 8:25 AM logoRENASANT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements and (NASDAQ:RNST) - December 20 at 2:20 PM logoRenasant Closes Common Stock Offering (NASDAQ:RNST) - December 20 at 2:20 PM logo9:21 am Renasant prices 1.9 mln common stock offering at $41.50/share (NASDAQ:RNST) - December 15 at 2:55 AM logoRenasant Announces Pricing of Common Stock Offering (NASDAQ:RNST) - December 14 at 9:48 PM
News IconRenasant Closes in on Secondary Offering (NASDAQ:RNST) - December 14 at 10:43 AM logoRenasant Announces Commencement of Common Stock Offering (NASDAQ:RNST) - December 13 at 7:58 PM logoRENASANT CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:RNST) - December 13 at 7:58 PM logoBRIEF-Renasant announces commencement of common stock offering (NASDAQ:RNST) - December 13 at 4:27 PM logoHow Renasant Corp. (RNST) Stacks Up Against Its Peers (NASDAQ:RNST) - December 13 at 12:41 AM logoRENASANT CORP Files SEC form 8-K, Termination of a Material Definitive Agreement, Regulation FD Disclosure, Financial (NASDAQ:RNST) - December 9 at 7:29 PM logoRenasant Corp. (RNST) Reports Termination of FDIC Loss Share Agreements (NASDAQ:RNST) - December 8 at 8:02 PM logoETFs with exposure to Renasant Corp. : December 8, 2016 (NASDAQ:RNST) - December 8 at 8:02 PM logoRenasant Announces Early Termination of All FDIC Loss Share Agreements (NASDAQ:RNST) - December 8 at 8:02 PM logo5:32 pm Renasant announces early termination of all FDIC loss share agreements (NASDAQ:RNST) - December 8 at 8:02 PM
News IconExecutive Vice President of Renasant Corporation (NASDAQ:RNST), Dorminey O Leonard, sells 7,716 shares worth $320,986 (NASDAQ:RNST) - December 2 at 7:11 PM logoKeefe, Bruyette & Woods has upgraded the stock of Park Sterling Corp. (NASDAQ:PSTB) (NASDAQ:RNST) - November 29 at 1:46 PM logoJefferies Weigh in Post-Election Stock Dynamics of Citigroup Inc (C) & Others (NASDAQ:RNST) - November 29 at 1:46 PM
News IconRating Buzzer: Jefferies & Co Gives Renasant Corp (NASDAQ:RNST) Lower Rating. What Is Next? (NASDAQ:RNST) - November 29 at 1:46 PM logoETFs with exposure to Renasant Corp. : November 28, 2016 (NASDAQ:RNST) - November 29 at 1:46 PM logoRenasant downgraded by Keefe Bruyette (NASDAQ:RNST) - November 29 at 1:46 PM
News IconInsider Activity: Renasant Corp. (NASDAQ:RNST)’s director Niles Mcneel Unloaded 10346 shares of the Company (NASDAQ:RNST) - November 24 at 10:34 AM logoRENASANT CORP Financials (NASDAQ:RNST) - November 17 at 6:54 PM
News IconInsiders Don’t Lie: Renasant Corp. (NASDAQ:RNST)’s Insider Rick Hart Sells 4,000 Shares of the Company (NASDAQ:RNST) - November 16 at 10:52 AM logoRenasant Corp. :RNST-US: Earnings Analysis: Q3, 2016 By the Numbers : November 16, 2016 (NASDAQ:RNST) - November 16 at 10:52 AM


What is Renasant Corporation's stock symbol?

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

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

Renasant Corporation declared a quarterly dividend on Tuesday, February 21st. Stockholders of record on Friday, March 17th will be given a dividend of $0.18 per share on Friday, March 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Wednesday, March 15th.

Where is Renasant Corporation's stock going? Where will Renasant Corporation's stock price be in 2017?

4 brokerages have issued 1 year price objectives for Renasant Corporation's shares. Their predictions range from $33.00 to $43.00. On average, they expect Renasant Corporation's stock price to reach $38.75 in the next twelve months.

When will Renasant Corporation announce their earnings?

Renasant Corporation is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Who owns Renasant Corporation stock?

Renasant Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.94%), Frontier Capital Management Co. LLC (3.81%), State Street Corp (2.08%), Renaissance Technologies LLC (1.74%), Brown Advisory Inc. (1.27%) and William Blair Investment Management LLC (1.25%). Company insiders that own Renasant Corporation stock include Albert J Dale III, Fred F Sharpe, J Niles Mcneel, James W Gray, Jeffrey B Lacey, John Foy, Michael D Ross, Michael D Shmerling, O Leonard Dorminey, R Rick Hart, Stuart Johnson and William M Beasley.

Who sold Renasant Corporation stock? Who is selling Renasant Corporation stock?

Renasant Corporation's stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Cortina Asset Management LLC, Loomis Sayles & Co. L P, Baird Financial Group Inc., Renaissance Technologies LLC, Allianz Asset Management AG, William Blair Investment Management LLC and Thrivent Financial for Lutherans. Company insiders that have sold Renasant Corporation stock in the last year include Albert J Dale III, J Niles Mcneel, James W Gray, Michael D Ross, O Leonard Dorminey, R Rick Hart and Stuart Johnson.

Who bought Renasant Corporation stock? Who is buying Renasant Corporation stock?

Renasant Corporation's stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Dimensional Fund Advisors LP, AlphaOne Investment Services LLC, Stieven Capital Advisors L.P., Two Sigma Investments LP, Martingale Asset Management L P, Marshall Wace LLP and Tudor Investment Corp Et Al. Company insiders that have bought Renasant Corporation stock in the last two years include Fred F Sharpe, John Foy and Michael D Shmerling.

How do I buy Renasant Corporation stock?

Shares of Renasant Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Renasant Corporation stock cost?

One share of Renasant Corporation stock can currently be purchased for approximately $41.13.

Renasant Corporation (NASDAQ:RNST) Chart for Friday, February, 24, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Renasant Corporation (NASDAQ:RNST)

Earnings History Chart

Earnings by Quarter for Renasant Corporation (NASDAQ:RNST)

Dividend History Chart

Dividend Payments by Quarter for Renasant Corporation (NASDAQ:RNST)

Last Updated on 2/24/2017 by Staff