NASDAQ:RNST - Renasant Stock Price, News, Headlines & Rumors

Sign in or create an account to add this stock to your watchlist.
$46.24 +0.94 (+2.08 %)
(As of 08/15/2018 08:00 AM ET)
Previous Close$45.30
Today's Range$45.31 - $46.40
52-Week Range$37.68 - $49.78
Volume88,300 shs
Average Volume153,549 shs
Market Capitalization$2.25 billion
P/E Ratio19.11
Dividend Yield1.76%
Beta0.93
Renasant logoRenasant 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.

Receive RNST News and Ratings via Email

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

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:RNST
CUSIP75970E10
Phone662-680-1001

Debt

Debt-to-Equity Ratio0.13
Current Ratio0.95
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio19.11
Forward P/E Ratio15.46
P/E GrowthN/A

Sales & Book Value

Annual Sales$506.89 million
Price / Sales4.51
Cash Flow$2.4440 per share
Price / Cash18.92
Book Value$30.72 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$2.42
Net Income$92.18 million
Net Margins20.66%
Return on Equity8.73%
Return on Assets1.31%

Miscellaneous

Employees2,102
Outstanding Shares49,440,000
Market Cap$2.25 billion

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 Thursday, August 9th. Investors of record on Friday, September 14th will be paid a dividend of $0.20 per share on Friday, September 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Thursday, September 13th. View Renasant's Dividend History.

How were Renasant's earnings last quarter?

Renasant Corp. (NASDAQ:RNST) posted its quarterly earnings data on Tuesday, July, 17th. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.74. The financial services provider earned $127.97 million during the quarter, compared to analyst estimates of $127.80 million. Renasant had a net margin of 20.66% and a return on equity of 8.73%. During the same quarter in the prior year, the company posted $0.57 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, October, 16th 2018. View Earnings Estimates for Renasant.

What price target have analysts set for RNST?

5 equities research analysts have issued twelve-month target prices for Renasant's stock. Their predictions range from $45.00 to $47.00. On average, they anticipate Renasant's stock price to reach $45.6667 in the next year. This suggests that the stock has a possible downside of 1.2%. 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.

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 59)
  • Mr. Kevin D. Chapman, Exec. VP, COO & CFO (Age 42)
  • Mr. R. Rick Hart, Exec. VP & Director (Age 69)
  • Mr. J. Scott Cochran, Exec. VP (Age 54)
  • Mr. John W. Gregory Jr., Member of Exec. Management Team and Exec. VP of Renasant Bank (Age 68)

Has Renasant been receiving favorable news coverage?

News headlines about RNST stock have trended positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Renasant earned a daily sentiment score of 0.30 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 47.39 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Renasant.

Who are Renasant's major shareholders?

Renasant's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.58%), Dimensional Fund Advisors LP (6.56%), Wells Fargo & Company MN (3.32%), Channing Capital Management LLC (2.58%), Frontier Capital Management Co. LLC (2.47%) and Jennison Associates LLC (1.56%). Company insiders that own Renasant stock include Albert J Dale III, Curtis J Gabardi, Edward Robinson Mcgraw, Fred F Sharpe, J Niles Mcneel, James W Gray, Michael D Ross, Michael D Shmerling, O Leonard Dorminey, R Rick Hart, Stuart Johnson and William Mark Williams. 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 Segall Bryant & Hamill LLC, Raymond James & Associates, Victory Capital Management Inc., Frontier Capital Management Co. LLC, Renaissance Technologies LLC, Chartwell Investment Partners LLC, Citadel Advisors LLC and Bank of America Corp DE. Company insiders that have sold Renasant company stock in the last year include Curtis J Gabardi, Edward Robinson Mcgraw, J Niles Mcneel, James W Gray, R Rick Hart, Stuart Johnson and William Mark Williams. View Insider Buying and Selling for Renasant.

Which institutional investors are buying Renasant stock?

RNST stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., PNC Financial Services Group Inc., Jennison Associates LLC, Royce & Associates LP, CIBC World Markets Inc., Dimensional Fund Advisors LP, First Trust Advisors LP and Wells Fargo & Company MN. Company insiders that have bought Renasant stock in the last two years include Fred F Sharpe, J Niles Mcneel and Michael D Shmerling. 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, Scottrade, Fidelity and Charles Schwab.

What is Renasant's stock price today?

One share of RNST stock can currently be purchased for approximately $46.24.

How big of a company is Renasant?

Renasant has a market capitalization of $2.25 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  546
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 8/15/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.