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

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$34.46 +0.54 (+1.59 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$33.92
Today's Range$33.7750 - $34.73
52-Week Range$28.02 - $49.78
Volume147,602 shs
Average Volume200,215 shs
Market Capitalization$1.98 billion
P/E Ratio14.24
Dividend Yield2.50%
Beta1.12
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$506.89 million
Cash Flow$2.4614 per share
Book Value$30.72 per share

Profitability

Net Income$92.18 million

Miscellaneous

Employees2,102
Market Cap$1.98 billion
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 Wednesday, October 24th. Shareholders of record on Tuesday, December 18th will be paid a dividend of $0.21 per share on Tuesday, January 1st. This represents a $0.84 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date is Monday, December 17th. This is a positive change from Renasant's previous quarterly dividend of $0.20. View Renasant's Dividend History.

How were Renasant's earnings last quarter?

Renasant Corp. (NASDAQ:RNST) posted its earnings results on Monday, October, 22nd. The financial services provider reported $0.78 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.77 by $0.01. The financial services provider earned $138.90 million during the quarter, compared to the consensus estimate of $142.06 million. Renasant had a net margin of 20.84% and a return on equity of 8.70%. The business's quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 earnings per share. 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 22nd 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, January 23rd 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?

5 Wall Street analysts have issued 12-month target prices for Renasant's stock. Their forecasts range from $36.00 to $47.00. On average, they expect Renasant's stock price to reach $41.50 in the next year. This suggests a possible upside of 20.4% 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 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Renasant.

Has Renasant been receiving favorable news coverage?

News articles about RNST stock have trended positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Renasant earned a news impact score of 2.8 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Who are some of Renasant's key competitors?

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)

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 $34.46.

How big of a company is Renasant?

Renasant has a market capitalization of $1.98 billion and generates $506.89 million in revenue each year. The financial services provider earns $92.18 million in net income (profit) each year or $2.42 on an earnings per share basis. Renasant employs 2,102 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, 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:  2.4 out of 5 (star star)
Outperform Votes:  290 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  603
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 1/19/2019 by MarketBeat.com Staff

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