Renasant Corp. Company Profile (NASDAQ:RNST)

About Renasant Corp. (NASDAQ:RNST)

Renasant Corp. logoRenasant Corporation is a bank holding company that owns and operates Renasant Bank (the Bank) and Renasant Insurance, Inc. (Renasant Insurance). The Company's segments include Community Banks, which delivers a range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, equipment leasing, as well as safe deposit and night depository facilities; Insurance, which includes a full service insurance agency offering all lines of commercial and personal insurance through major carriers; Wealth Management, which offers a range of fiduciary services that includes the administration and management of trust accounts, including personal and corporate benefit accounts, and custodial accounts, and Other. The Bank has its operations in Mississippi, Tennessee, Alabama, Florida and Georgia. Renasant Insurance has its operations in Mississippi. Renasant Insurance is a subsidiary of the Bank.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:RNST
  • CUSIP: 75970E10
  • Web:
  • Market Cap: $1.83 billion
  • Outstanding Shares: 44,396,000
Average Prices:
  • 50 Day Moving Avg: $41.58
  • 200 Day Moving Avg: $40.82
  • 52 Week Range: $30.21 - $44.65
  • Trailing P/E Ratio: 18.88
  • Foreward P/E Ratio: 15.31
  • P/E Growth: 1.86
Sales & Book Value:
  • Annual Revenue: $431.8 million
  • Price / Sales: 4.25
  • Book Value: $28.18 per share
  • Price / Book: 1.47
  • Annual Dividend: $0.72
  • Dividend Yield: 1.7%
  • 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%
  • Average Volume: 201,727 shs.
  • Beta: 1.02
  • Short Ratio: 8.6

Frequently Asked Questions for Renasant Corp. (NASDAQ:RNST)

What is Renasant Corp.'s stock symbol?

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

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

Renasant Corp. declared a quarterly dividend on Monday, May 8th. Investors of record on Friday, June 16th will be given a dividend of $0.18 per share on Friday, June 30th. This represents a $0.72 annualized dividend and a yield of 1.74%. The ex-dividend date is Wednesday, June 14th. View Renasant Corp.'s Dividend History.

How were Renasant Corp.'s earnings last quarter?

Renasant Corp. (NASDAQ:RNST) released its quarterly earnings results on Tuesday, April, 25th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.53 by $0.02. The company had revenue of $106.04 million for the quarter, compared to analyst estimates of $109.87 million. Renasant Corp. had a return on equity of 8.75% and a net margin of 19.50%. During the same quarter in the prior year, the company posted $0.54 EPS. View Renasant Corp.'s Earnings History.

When will Renasant Corp. make its next earnings announcement?

Renasant Corp. is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Renasant Corp..

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

3 analysts have issued 12 month price targets for Renasant Corp.'s shares. Their predictions range from $38.00 to $44.00. On average, they anticipate Renasant Corp.'s stock price to reach $41.67 in the next year. View Analyst Ratings for Renasant Corp..

Who are some of Renasant Corp.'s key competitors?

Who are Renasant Corp.'s key executives?

Renasant Corp.'s management team includes the folowing people:

  • Edward Robinson McGraw, Chairman of the Board, Chief Executive Officer of the Company and Bank
  • C. Mitchell Waycaster, President, Chief Operating Officer of the Company and Bank
  • Kevin D. Chapman, Chief Financial Officer, Executive Vice President
  • Stephen M. Corban, Executive Vice President, General Counsel
  • R. Richard Hart, Executive Vice President, Director
  • James Scott Cochran, Executive Vice President, President - Western Region of the Bank
  • O. Leonard Dorminey, Executive Vice President and President - Eastern Region of the Bank
  • James W. Gray, Executive Vice President
  • Stuart R. Johnson, Executive Vice President
  • Michael D. Ross, Executive Vice President

Who owns Renasant Corp. stock?

Renasant Corp.'s stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.68%), Dimensional Fund Advisors LP (6.37%), BlackRock Inc. (6.31%), Goldman Sachs Group Inc. (3.95%), Frontier Capital Management Co. LLC (2.81%) and State Street Corp (2.64%). Company insiders that own Renasant Corp. stock include Albert J Dale III, Edward Robinson Mcgraw, 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. View Institutional Ownership Trends for Renasant Corp..

Who sold Renasant Corp. stock? Who is selling Renasant Corp. stock?

Renasant Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Ameriprise Financial Inc., Morgan Stanley, Renaissance Technologies LLC, Citadel Advisors LLC, Palisade Capital Management LLC NJ, Jennison Associates LLC and Tudor Investment Corp ET AL. Company insiders that have sold Renasant Corp. stock in the last year include Albert J Dale III, Edward Robinson Mcgraw, James W Gray, Michael D Ross, O Leonard Dorminey, R Rick Hart and Stuart Johnson. View Insider Buying and Selling for Renasant Corp..

Who bought Renasant Corp. stock? Who is buying Renasant Corp. stock?

Renasant Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Wells Fargo & Company MN, State Street Corp, Dimensional Fund Advisors LP, Goldman Sachs Group Inc., Geode Capital Management LLC and Ronald Blue & Co. LLC. Company insiders that have bought Renasant Corp. stock in the last two years include Fred F Sharpe, John Foy and Michael D Shmerling. View Insider Buying and Selling for Renasant Corp..

How do I buy Renasant Corp. stock?

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

What is Renasant Corp.'s stock price today?

One share of Renasant Corp. stock can currently be purchased for approximately $41.33.

MarketBeat Community Rating for Renasant Corp. (NASDAQ RNST)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about Renasant Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Renasant Corp. (NASDAQ:RNST) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $41.67 (0.81% upside)

Analysts' Ratings History for Renasant Corp. (NASDAQ:RNST)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/27/2017Keefe, Bruyette & WoodsSet Price TargetHold$43.00N/AView Rating Details
4/5/2017Jefferies Group LLCReiterated RatingHold$44.00MediumView Rating Details
9/12/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$38.00N/AView Rating Details
3/28/2016Sandler O'NeillBoost Price TargetHold$30.00 -> $33.00N/AView Rating Details
1/21/2016Hilliard LyonsUpgradeNeutral -> BuyN/AView Rating Details
10/22/2015StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
(Data available from 5/29/2015 forward)


Earnings History for Renasant Corp. (NASDAQ:RNST)
Earnings by Quarter for Renasant Corp. (NASDAQ:RNST)
Earnings History by Quarter for Renasant Corp. (NASDAQ RNST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017Q1 2017$0.53$0.55$109.87 million$106.04 millionViewN/AView Earnings Details
10/18/2016Q316$0.58$0.59$111.83 million$114.00 millionViewN/AView Earnings Details
7/19/2016Q216$0.57$0.59$110.30 million$112.74 millionViewN/AView Earnings Details
4/26/2016Q116$0.52$0.54$103.83 million$103.36 millionViewN/AView Earnings Details
1/19/2016Q415$0.55$0.52$102.13 million$103.92 millionViewListenView Earnings Details
10/20/2015Q315$0.53$0.53$101.47 million$100.80 millionViewListenView Earnings Details
7/21/2015Q215$0.51$0.48$73.13 million$74.59 millionViewListenView Earnings Details
4/28/2015Q115$0.49$0.48$71.43 million$70.75 millionViewN/AView Earnings Details
1/20/2015Q414$0.49$0.49$73.93 million$69.99 millionViewN/AView Earnings Details
10/21/2014Q314$0.48$0.49$72.41 million$73.04 millionViewN/AView Earnings Details
7/15/2014Q214$0.44$0.47$70.24 million$71.64 millionViewN/AView Earnings Details
4/22/2014Q114$0.39$0.43$68.10 million$68.59 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 Corp. (NASDAQ:RNST)
2017 EPS Consensus Estimate: $2.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.52$0.52$0.52
Q2 20172$0.55$0.56$0.56
Q3 20172$0.60$0.62$0.61
Q4 20172$0.61$0.63$0.62
(Data provided by Zacks Investment Research)


Current Dividend Information for Renasant Corp. (NASDAQ:RNST)
Next Dividend:6/30/2017
Annual Dividend:$0.72
Dividend Yield:1.74%
Payout Ratio:33.33% (Trailing 12 Months of Earnings)
32.29% (Based on This Year's Estimates)
26.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Renasant Corp. (NASDAQ:RNST)

Dividend History by Quarter for Renasant Corp. (NASDAQ RNST)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Renasant Corp. (NASDAQ:RNST)
Insider Ownership Percentage: 5.18%
Institutional Ownership Percentage: 59.29%
Insider Trades by Quarter for Renasant Corp. (NASDAQ:RNST)
Institutional Ownership by Quarter for Renasant Corp. (NASDAQ:RNST)
Insider Trades by Quarter for Renasant Corp. (NASDAQ:RNST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Albert J Dale IIIDirectorSell8,000$42.10$336,800.00View SEC Filing  
5/2/2017Michael D ShmerlingDirectorBuy500$42.13$21,065.00View SEC Filing  
3/17/2017R Rick HartEVPSell5,304$40.70$215,872.80View SEC Filing  
3/13/2017Michael D. RossEVPSell1,492$40.85$60,948.20View SEC Filing  
3/1/2017Edward Robinson McgrawCEOSell5,000$42.04$210,200.00View SEC Filing  
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)


Headline Trends for Renasant Corp. (NASDAQ:RNST)
Latest Headlines for Renasant Corp. (NASDAQ:RNST)
DateHeadline logoKeefe, Bruyette & Woods Analysts Give Renasant Corp. (RNST) a $43.00 Price Target - May 27 at 10:20 AM logoRenasant Corp. – Value Analysis (NASDAQ:RNST) : May 19, 2017 - May 19 at 8:11 PM logoRenasant Corp. breached its 50 day moving average in a Bearish Manner : RNST-US : May 18, 2017 - May 18 at 10:46 AM logoAlbert J. Dale III Sells 8,000 Shares of Renasant Corp. (RNST) Stock - May 16 at 7:33 PM logoZacks Investment Research Upgrades Renasant Corp. (RNST) to "Hold" - May 16 at 9:06 AM logoRenasant Corp. (RNST) Expected to Post Earnings of $0.55 Per Share - May 10 at 8:34 AM logoRenasant Corp. (RNST) Announces Quarterly Dividend of $0.18 - May 8 at 6:16 PM logoRenasant Corporation Approves Dividend - May 5 at 7:49 PM logoRep. Tom Reed: Senate won’t be able to ignore the health care bill - May 4 at 7:50 PM logoFY2017 EPS Estimates for Renasant Corp. (RNST) Cut by Analyst - May 4 at 3:02 PM logoJefferies Group Comments on Renasant Corp.'s Q2 2017 Earnings (RNST) - May 4 at 11:50 AM logoRenasant Corp. (RNST) Director Michael D. Shmerling Acquires 500 Shares - May 4 at 12:32 AM logoQ3 2017 EPS Estimates for Renasant Corp. Cut by Jefferies Group (RNST) - May 3 at 10:15 AM logoRenasant Corp. (RNST) Given Media Sentiment Rating of -0.13 - May 3 at 9:29 AM logoRenasant Corp. (RNST) to Post Q2 2017 Earnings of $0.56 Per Share, FIG Partners Forecasts - May 3 at 7:58 AM logoMichael D. Shmerling Purchases 500 Shares of Renasant Corp. (RNST) Stock - May 2 at 7:12 PM logoRenasant Corp. (RNST) Stock Rating Lowered by Zacks Investment Research - May 2 at 7:30 AM logoRenasant Corp. (RNST) Given Daily Media Impact Rating of 0.28 - April 30 at 1:09 PM logoRenasant Corp. (RNST) Given Daily Media Impact Score of 0.32 - April 28 at 12:40 AM logoEdited Transcript of RNST earnings conference call or presentation 26-Apr-17 2:00pm GMT - April 27 at 11:04 AM logoRenasant's (RNST) CEO Robinson McGraw on Q1 2017 Results - Earnings Call Transcript - April 26 at 5:40 PM logoRenasant Corp. (RNST) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS - April 26 at 4:16 PM logoRenasant Corporation Announces 2017 First Quarter Earnings - April 25 at 6:39 PM logoRenasant beats 1Q profit forecasts - April 25 at 6:15 PM logoRenasant Corp. (RNST) Receives News Impact Rating of 0.60 - April 24 at 9:31 AM logoRenasant Corp. (RNST) Earns Daily Media Sentiment Score of 0.05 - April 21 at 6:54 PM logoIs Renasant a Great Stock for Value Investors? - April 20 at 7:41 PM logoRenasant Announces Receipt of All Federal Bank Regulatory Approvals for Merger with Metropolitan - April 20 at 7:41 PM logo Brokerages Anticipate Renasant Corp. (RNST) Will Announce Earnings of $0.53 Per Share - April 19 at 12:25 PM logoRenasant Corp. (RNST) Receiving Somewhat Positive News Coverage, Report Finds - April 18 at 8:31 PM logoRenasant Corp. (RNST) Earns Media Impact Rating of 0.24 - April 15 at 5:32 PM logoRenasant Corp. (RNST) Rating Lowered to Hold at Zacks Investment Research - April 13 at 2:46 PM logoRenasant Corp. breached its 50 day moving average in a Bullish Manner : RNST-US : April 12, 2017 - April 12 at 1:25 PM logoRenasant Corp. (RNST) Upgraded to "Buy" by Zacks Investment Research - April 12 at 7:27 AM logoRenasant Corp.'s (RNST) Hold Rating Reaffirmed at Jefferies Group LLC - April 8 at 1:45 PM logoFY2017 Earnings Estimate for Renasant Corp. (RNST) Issued By Jefferies Group - April 7 at 8:43 PM logoRenasant Corp. : RNST-US: Dividend Analysis : March 17th, 2017 (record date) : By the numbers : April 6, 2017 - April 7 at 12:20 PM logoRenasant Announces 2017 First Quarter Earnings Webcast and Conference Call Information - April 7 at 12:20 PM logoQ1 2017 Earnings Forecast for Renasant Corp. (RNST) Issued By Jefferies Group - April 6 at 1:31 PM logoRenasant Corp. (RNST) EVP Sells $215,872.80 in Stock - March 20 at 1:31 PM logoInsider Selling: Renasant Corp. (RNST) EVP Sells 1,492 Shares of Stock - March 16 at 8:45 AM logoRenasant Announces Mobile Market Entry and Staff Hires - March 8 at 7:50 PM logoRenasant Announces Mortgage Lending Market Entries and Expansion - February 28 at 7:12 PM logoRENASANT CORP Files SEC form 10-K/A, Annual Report - February 28 at 7:12 PM logoRENASANT CORP Files SEC form 10-K, Annual Report - February 28 at 12:17 PM logoRENASANT CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits - February 8 at 11:29 PM logoRENASANT CORP Files SEC form 8-K/A, Change in Directors or Principal Officers, Financial Statements and Exhibits - February 8 at 11:29 PM logoPost Earnings Coverage as Citigroup's Q4 Bottom-line Beat Expectations - January 23 at 8:58 AM logoEdited Transcript of RNST earnings conference call or presentation 18-Jan-17 3:00pm GMT - January 19 at 1:14 AM logoRenasant's (RNST) CEO Robinson McGraw on Q4 2016 Results - Earnings Call Transcript - January 18 at 8:13 PM



Renasant Corp. (RNST) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff