Renasant Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last twelve months. There are currently 3 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.

Wall Street analysts have given Renasant a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Renasant wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Renasant is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Renasant.

Renasant will be holding an earnings conference call on Tuesday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Renasant Co. (NASDAQ:RNST) issued its quarterly earnings results on Monday, January, 25th. The financial services provider reported $0.70 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.59 by $0.11. The financial services provider had revenue of $170.99 million for the quarter, compared to the consensus estimate of $159.32 million. Renasant had a net margin of 12.63% and a trailing twelve-month return on equity of 5.15%. During the same period last year, the company posted $0.67 earnings per share.
View Renasant's earnings history.

Renasant's stock was trading at $23.34 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RNST stock has increased by 71.0% and is now trading at $39.90.
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Renasant declared a quarterly dividend on Friday, February 26th. Shareholders of record on Wednesday, March 17th will be given a dividend of $0.22 per share on Wednesday, March 31st. This represents a $0.88 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend is Tuesday, March 16th.
View Renasant's dividend history.

Renasant pays an annual dividend of $0.88 per share and currently has a dividend yield of 2.13%. Renasant does not yet have a strock track record of dividend growth. The dividend payout ratio of Renasant is 30.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Renasant will have a dividend payout ratio of 41.71% next year. This indicates that Renasant will be able to sustain or increase its dividend.
View Renasant's dividend history.

3 brokerages have issued 1 year target prices for Renasant's shares. Their forecasts range from $26.00 to $40.00. On average, they expect Renasant's stock price to reach $30.25 in the next year. This suggests that the stock has a possible downside of 24.2%.
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20 employees have rated Renasant CEO Robin McGraw on Glassdoor.com. Robin McGraw has an approval rating of 72% among Renasant's employees.

Some companies that are related to Renasant include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), Regions Financial (RF), KeyCorp (KEY), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Commerce Bancshares (CBSH) and Zions Bancorporation, National Association (ZION).
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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).

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

Renasant's stock is owned by many different retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%), Oregon Public Employees Retirement Fund (0.04%), Everence Capital Management Inc. (0.01%), Smith Shellnut Wilson LLC ADV (0.01%) and Crossmark Global Holdings Inc. (0.01%). 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.

RNST stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Louisiana State Employees Retirement System. Company insiders that have sold Renasant company stock in the last year include Edward Robinson Mcgraw, James W Gray, John Creekmore, John Foy, and R Rick Hart.
View insider buying and selling activity for Renasant or view top insider-selling stocks.

RNST stock was purchased by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., Smith Shellnut Wilson LLC ADV, Crossmark Global Holdings Inc., and Oregon Public Employees Retirement Fund. 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.

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.
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One share of RNST stock can currently be purchased for approximately $39.90.

Renasant has a market capitalization of $2.24 billion and generates $695.83 million in revenue each year. The financial services provider earns $167.60 million in net income (profit) each year or $2.91 on an earnings per share basis.

Renasant employs 2,524 workers across the globe.

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

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

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]