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Renasant Stock Price, Forecast & Analysis (NASDAQ:RNST)

$35.64
-0.15 (-0.42 %)
(As of 11/12/2019 04:27 AM ET)
Today's Range
$35.42
Now: $35.64
$35.78
50-Day Range
$33.23
MA: $34.99
$36.02
52-Week Range
$28.02
Now: $35.64
$39.02
Volume12,804 shs
Average Volume208,894 shs
Market Capitalization$2.08 billion
P/E Ratio11.88
Dividend Yield2.47%
Beta1.2
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. Read More…

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$2.76 per share
Book Value$34.81 per share

Profitability

Net Income$146.92 million

Miscellaneous

Employees2,359
Market Cap$2.08 billion
Next Earnings Date1/28/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Tuesday, August 27th. Shareholders of record on Monday, September 16th will be paid a dividend of $0.22 per share on Monday, September 30th. This represents a $0.88 annualized dividend and a yield of 2.47%. The ex-dividend date is Friday, September 13th. View Renasant's Dividend History.

How were Renasant's earnings last quarter?

Renasant Corp. (NASDAQ:RNST) released its quarterly earnings data on Monday, October, 21st. The financial services provider reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.74 by $0.06. The financial services provider earned $146.78 million during the quarter, compared to the consensus estimate of $151.37 million. Renasant had a return on equity of 8.57% and a net margin of 24.85%. During the same quarter in the prior year, the company earned $0.78 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, January 28th 2020. View Earnings Estimates for Renasant.

What price target have analysts set for RNST?

5 brokers have issued 1-year target prices for Renasant's shares. Their forecasts range from $36.00 to $38.00. On average, they anticipate Renasant's share price to reach $36.75 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Price Targets for Renasant.

What is the consensus analysts' recommendation for Renasant?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Renasant.

Has Renasant been receiving favorable news coverage?

News stories about RNST stock have trended very negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Renasant earned a news impact score of -3.2 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Renasant.

Are investors shorting Renasant?

Renasant saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,120,000 shares, a drop of 15.2% from the August 30th total of 1,320,000 shares. Based on an average daily volume of 205,400 shares, the short-interest ratio is presently 5.5 days. Approximately 2.0% of the shares of the company are short sold. View Renasant's Current Options Chain.

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), Walmart (WMT), Seagate Technology (STX), Viewray (VRAY), WD-40 (WDFC), Comerica (CMA), Honda Motor (HMC), Restoration Hardware (RH), Sherwin-Williams (SHW) and Taiwan Semiconductor Mfg. (TSM).

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 variety of of retail and institutional investors. Top institutional investors include Chartwell Investment Partners LLC (0.50%), California Public Employees Retirement System (0.26%), BancorpSouth Bank (0.17%), Rhumbline Advisers (0.15%), First Trust Advisors LP (0.12%) and Russell Investments Group Ltd. (0.11%). Company insiders that own Renasant stock include Bartow Morgan Jr, 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, First Trust Advisors LP, BancorpSouth Bank, SG Americas Securities LLC and Shulman DeMeo Asset Management LLC. View Insider Buying and Selling for Renasant.

Which major investors are buying Renasant stock?

RNST stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Russell Investments Group Ltd., Mackay Shields LLC, Brighton Jones LLC, Rhumbline Advisers, Envestnet Asset Management Inc., North Star Investment Management Corp. and Tower Research Capital LLC TRC . Company insiders that have bought Renasant stock in the last two years include Bartow Morgan Jr, Fred F Sharpe, Michael D Shmerling and Richard Heyer. 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, Robinhood, Fidelity and Charles Schwab.

What is Renasant's stock price today?

One share of RNST stock can currently be purchased for approximately $35.64.

How big of a company is Renasant?

Renasant has a market capitalization of $2.08 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.View Additional Information About Renasant.

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, 38804. 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:  328 (Vote Outperform)
Underperform Votes:  397 (Vote Underperform)
Total Votes:  725
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 11/12/2019 by MarketBeat.com Staff

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