NASDAQ:RNST

Renasant Stock Forecast, Price & News

$42.56
-0.03 (-0.07 %)
(As of 06/11/2021 12:00 AM ET)
Add
Compare
Today's Range
$42.42
$43.31
50-Day Range
$39.90
$45.13
52-Week Range
$20.89
$46.97
Volume121,705 shs
Average Volume161,379 shs
Market Capitalization$2.40 billion
P/E Ratio17.23
Dividend Yield2.07%
Beta1.28
30 days | 90 days | 365 days | Advanced Chart
Receive RNST News and Ratings via Email

Sign-up to receive the latest news and ratings for Renasant and its competitors with MarketBeat's FREE daily newsletter.


Renasant logo

About Renasant

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 accounts, business and personal loans, asset-based lending, and 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 estateÂ-1-4 family mortgage; real estateÂ-commercial mortgage; real estateÂ-construction 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 range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, self-directed individual retirement accounts, and custodial accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; and administers qualified retirement plans, profit sharing and other employee benefit plans, personal trusts, and estates. As of December 31, 2020, the company operated a network of 190 banking, lending, and mortgage offices located in Mississippi, Tennessee, Alabama, Florida, Georgia, North Carolina, and South Carolina; 157 full-service branches and 11 limited-service branches; 181 ATMs; and 32 interactive teller machines. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.60 out of 5 stars

Finance Sector

446th out of 1,979 stocks

State Commercial Banks Industry

82nd out of 312 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Renasant (NASDAQ:RNST) Frequently Asked Questions

Is Renasant a buy right now?

4 Wall Street 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 research analysts is that investors should "hold" Renasant stock. 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 analyst ratings for Renasant
or view top-rated stocks.

What stocks does MarketBeat like better than Renasant?

Wall Street analysts have given Renasant a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Renasant wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Renasant's next earnings date?

Renasant is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021.
View our earnings forecast for Renasant
.

How were Renasant's earnings last quarter?

Renasant Co. (NASDAQ:RNST) released its earnings results on Monday, April, 26th. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.22. The financial services provider had revenue of $109.60 million for the quarter, compared to analysts' expectations of $167.65 million. Renasant had a net margin of 18.15% and a trailing twelve-month return on equity of 6.85%. The company's quarterly revenue was up 2.8% on a year-over-year basis. During the same period last year, the business earned $0.20 earnings per share.
View Renasant's earnings history
.

How has Renasant's stock price been impacted by Coronavirus (COVID-19)?

Renasant's stock was trading at $23.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RNST shares have increased by 82.3% and is now trading at $42.56.
View which stocks have been most impacted by COVID-19
.

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

Renasant declared a quarterly dividend on Thursday, April 22nd. Stockholders of record on Wednesday, June 16th will be given a dividend of $0.22 per share on Wednesday, June 30th. This represents a $0.88 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Tuesday, June 15th.
View Renasant's dividend history
.

Is Renasant a good dividend stock?

Renasant pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.07%. Renasant does not yet have a strong track record of dividend growth. The dividend payout ratio of Renasant is 45.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Renasant will have a dividend payout ratio of 36.67% next year. This indicates that Renasant will be able to sustain or increase its dividend.
View Renasant's dividend history.

What price target have analysts set for RNST?

4 Wall Street analysts have issued 12-month price targets for Renasant's shares. Their forecasts range from $26.00 to $40.00. On average, they anticipate Renasant's stock price to reach $30.25 in the next twelve months. This suggests that the stock has a possible downside of 28.9%.
View analysts' price targets for Renasant
or view top-rated stocks among Wall Street analysts.

Who are Renasant's key executives?

Renasant's management team includes the following people:
  • Mr. Edward Robinson McGraw, Exec. Chairman (Age 74, Pay $1.24M)
  • Mr. C. Mitchell Waycaster, Pres, CEO & Director (Age 62, Pay $1.72M)
  • Mr. James C. Mabry IV, Exec. VP & CFO (Age 63, Pay $648.74k)
  • Mr. Kevin D. Chapman, Exec. VP & COO (Age 45, Pay $1.14M)
  • Mr. R. Rick Hart, Exec. VP & Director (Age 72, Pay $55.82k)
  • Mr. J. Scott Cochran, Exec. VP (Age 57, Pay $887.39k)
  • Mr. Curtis J. Perry, Exec. VP (Age 58, Pay $819.02k)
  • Ms. Kelly W. Hutcheson, Exec. VP & Chief Accounting Officer (Age 38)
  • Mr. Mark W. Jeanfreau, Exec. VP, Gen. Counsel & Sec. (Age 46)
  • Mr. John Sterling Oxford, Sr. VP and Director of Marketing & PR (Age 44)

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

20 employees have rated Renasant CEO Robin McGraw on Glassdoor.com. Robin McGraw has an approval rating of 72% among Renasant's employees.

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), 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).

What is Renasant's stock symbol?

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

Who are Renasant's major shareholders?

Renasant's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.71%), Dimensional Fund Advisors LP (6.68%), Victory Capital Management Inc. (5.88%), Goldman Sachs Group Inc. (3.52%), Westwood Holdings Group Inc. (2.06%) and Palisade Capital Management LLC NJ (1.90%). Company insiders that own Renasant stock include Edward Robinson Mcgraw, James C Iv Mabry, James W Gray, John Creekmore, John Foy, R Rick Hart and Richard Heyer.
View institutional ownership trends for Renasant
.

Which institutional investors are selling Renasant stock?

RNST stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Northern Trust Corp, Forest Hill Capital LLC, William Blair Investment Management LLC, Ameriprise Financial Inc., Prudential Financial Inc., Morgan Stanley, and Dimensional Fund Advisors LP. Company insiders that have sold Renasant company stock in the last year include Edward Robinson Mcgraw, James W Gray, John Creekmore, and John Foy.
View insider buying and selling activity for Renasant
or view top insider-selling stocks.

Which institutional investors are buying Renasant stock?

RNST stock was acquired by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, JPMorgan Chase & Co., Barclays PLC, Palisade Capital Management LLC NJ, Brown Advisory Inc., Knowledge Leaders Capital LLC, Citigroup Inc., and Rafferty Asset Management LLC. Company insiders that have bought Renasant stock in the last two years include James C Iv Mabry, John Foy, and Richard Heyer.
View insider buying and selling activity for Renasant
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Renasant's stock price today?

One share of RNST stock can currently be purchased for approximately $42.56.

How much money does Renasant make?

Renasant has a market capitalization of $2.40 billion and generates $733.66 million in revenue each year. The financial services provider earns $83.65 million in net income (profit) each year or $1.93 on an earnings per share basis.

How many employees does Renasant have?

Renasant employs 2,524 workers across the globe.

What is Renasant's official website?

The official website for Renasant is www.renasant.com.

Where are Renasant's headquarters?

Renasant is headquartered at 209 TROY STREET, TUPELO MS, 38804.

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]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.