Positive News SentimentPositive NewsNASDAQ:RNST Renasant (RNST) Stock Forecast, Price & News $29.84 -0.61 (-2.00%) (As of 05:22 PM ET) Add Compare Share Share Today's Range$29.58▼$30.4350-Day Range$23.93▼$30.7152-Week Range$23.47▼$41.77Volume310,771 shsAverage Volume230,585 shsMarket Capitalization$1.67 billionP/E Ratio9.38Dividend Yield2.95%Price Target$35.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Renasant MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside18.4% Upside$35.67 Price TargetShort InterestBearish1.86% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.55Based on 2 Articles This WeekInsider TradingAcquiring Shares$337,350 Bought Last QuarterProj. Earnings Growth-5.16%From $3.10 to $2.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 starsFinance Sector647th out of 862 stocksState Commercial Banks Industry161st out of 178 stocks 2.1 Analyst's Opinion Consensus RatingRenasant has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.67, Renasant has a forecasted upside of 18.4% from its current price of $30.12.Amount of Analyst CoverageRenasant has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.86% of the float of Renasant has been sold short.Short Interest Ratio / Days to CoverRenasant has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Renasant has recently increased by 13.37%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRenasant pays a meaningful dividend of 3.05%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRenasant does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Renasant is 27.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Renasant will have a dividend payout ratio of 29.93% next year. This indicates that Renasant will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RNST. Previous Next 2.5 News and Social Media Coverage News SentimentRenasant has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Renasant this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for RNST on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Renasant to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Renasant insiders have bought more of their company's stock than they have sold. Specifically, they have bought $337,350.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.87% of the stock of Renasant is held by insiders.Percentage Held by Institutions76.10% of the stock of Renasant is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Renasant are expected to decrease by -5.16% in the coming year, from $3.10 to $2.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Renasant is 9.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Renasant is 9.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.93.Price to Book Value per Share RatioRenasant has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Renasant (NASDAQ:RNST) StockRenasant Corp. is a bank holding company, which engages in the provision of financial, fiduciary, and insurance services. It operates through the following segments: Community Banks, Insurance, Wealth Management, and Other. The Community Banks segment delivers banking and financial services to individuals and small to medium sized businesses including checking and savings accounts, business and personal loans, interim construction loans, specialty commercial lending, as well as safe deposit and night depository facilities. The Insurance segment includes full service insurance agency offering lines of commercial and personal insurance. The Wealth Management segment provides fiduciary services and administer qualified retirement plans, profit sharing and other employee benefit plans, personal trusts and estates. The Other segment consists of the operations of the holding company and other eliminations. The company was founded in 1982 and is headquartered in Tupelo, MS.Read More Receive RNST Stock 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. Email Address RNST Stock News HeadlinesJune 7, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Renasant (NASDAQ:RNST) Presents An OpportunityMay 22, 2023 | americanbankingnews.comRenasant (NASDAQ:RNST) Now Covered by Analysts at StockNews.comJune 8, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 19, 2023 | americanbankingnews.comRenasant Co. (NASDAQ:RNST) Receives $35.00 Consensus Target Price from AnalystsMay 18, 2023 | finance.yahoo.comCurtis Perry Bought 17% More Shares In Renasant \May 14, 2023 | finance.yahoo.comRenasant (NASDAQ:RNST) Is Due To Pay A Dividend Of $0.22May 13, 2023 | americanbankingnews.comInsider Buying: Renasant Co. (NASDAQ:RNST) EVP Acquires $244,500.00 in StockMay 12, 2023 | americanbankingnews.comCurtis J. Perry Acquires 10,000 Shares of Renasant Co. (NASDAQ:RNST) StockJune 8, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 6, 2023 | americanbankingnews.comRenasant Co. (NASDAQ:RNST) Director John Foy Purchases 3,000 SharesMay 4, 2023 | msn.comRenasant COO Chapman appointed presidentMay 4, 2023 | finance.yahoo.comChapman Elected President of RenasantMay 4, 2023 | finance.yahoo.comTrade Alert: The Independent Director Of Renasant Corporation (NASDAQ:RNST), John Foy, Has Just Spent US$78k Buying 9.4% More SharesMay 3, 2023 | finance.yahoo.comRenasant Corporation (NASDAQ:RNST) Q1 2023 Earnings Call TranscriptMay 1, 2023 | markets.businessinsider.com6 Analysts Have This to Say About RenasantMay 1, 2023 | americanbankingnews.comRenasant (NASDAQ:RNST) Price Target Cut to $32.00April 29, 2023 | msn.comTruist Securities Maintains Renasant (RNST) Hold RecommendationApril 28, 2023 | msn.comPiper Sandler Maintains Renasant (RNST) Neutral RecommendationApril 28, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Hold Rating on Renasant (RNST)April 28, 2023 | msn.comRenasant (RNST) Declares $0.22 DividendApril 27, 2023 | finance.yahoo.comQ1 2023 Renasant Corp Earnings CallApril 26, 2023 | bizjournals.comFedEx exec Rose Flenorl named to Renasant Bank's board of directorsApril 26, 2023 | seekingalpha.comRenasant Corporation 2023 Q1 - Results - Earnings Call PresentationApril 26, 2023 | seekingalpha.comRenasant Corporation (RNST) Q1 2023 Earnings Call TranscriptApril 26, 2023 | finanznachrichten.deRenasant Corporation: Flenorl Joins Renasant BoardsApril 26, 2023 | americanbankingnews.comRenasant Co. (NASDAQ:RNST) Receives Consensus Rating of "Hold" from BrokeragesApril 26, 2023 | msn.comRenasant (RNST) Matches Q1 Earnings EstimatesSee More Headlines RNST Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RNST Company Calendar Ex-Dividend for 3/31 Dividend3/16/2023Dividend Payable3/31/2023Last Earnings4/25/2023Today6/08/2023Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:RNST CUSIP75970E10 CIK715072 Webwww.renasant.com Phone(662) 680-1001Fax662-680-1042Employees2,334Year Founded1904Price Target and Rating Average Stock Price Forecast$35.67 High Stock Price Forecast$40.00 Low Stock Price Forecast$32.00 Forecasted Upside/Downside+18.4%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.18 Trailing P/E Ratio9.47 Forward P/E Ratio9.72 P/E GrowthN/ANet Income$166.07 million Net Margins23.35% Pretax Margin29.71% Return on Equity8.54% Return on Assets1.08% Debt Debt-to-Equity Ratio0.20 Current Ratio0.86 Quick Ratio0.85 Sales & Book Value Annual Sales$691.06 million Price / Sales2.44 Cash Flow$3.94 per share Price / Cash Flow7.64 Book Value$38.17 per share Price / Book0.79Miscellaneous Outstanding Shares56,090,000Free Float54,483,000Market Cap$1.69 billion OptionableOptionable Beta1.09 Social Links Key ExecutivesC. Mitchell WaycasterExecutive Vice Chairman & Chief Executive OfficerKevin Dobson ChapmanPresident, Chief Operating Officer & Executive VPJim MabryChief Financial Officer & Executive Vice PresidentStuart Ray JohnsonExecutive Vice PresidentJames W. GrayExecutive Vice PresidentKey CompetitorsEnterprise Financial ServicesNASDAQ:EFSCBannerNASDAQ:BANRBank of HawaiiNYSE:BOHTowneBankNASDAQ:TOWNStock Yards BancorpNASDAQ:SYBTView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 7,970 shares on 5/26/2023Ownership: 0.014%Brandywine Global Investment Management LLCBought 27,603 shares on 5/25/2023Ownership: 0.245%Ameriprise Financial Inc.Bought 96,113 shares on 5/22/2023Ownership: 1.231%New York State Common Retirement FundSold 6,269 shares on 5/18/2023Ownership: 0.556%JPMorgan Chase & Co.Bought 77,657 shares on 5/18/2023Ownership: 0.286%View All Insider TransactionsView All Institutional Transactions RNST Stock - Frequently Asked Questions Should I buy or sell Renasant stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RNST shares. 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 RNST analyst ratings or view top-rated stocks. What is Renasant's stock price forecast for 2023? 6 equities research analysts have issued 1-year price targets for Renasant's shares. Their RNST share price forecasts range from $32.00 to $40.00. On average, they predict the company's stock price to reach $35.67 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View analysts price targets for RNST or view top-rated stocks among Wall Street analysts. How have RNST shares performed in 2023? Renasant's stock was trading at $37.59 on January 1st, 2023. Since then, RNST stock has decreased by 19.9% and is now trading at $30.12. View the best growth stocks for 2023 here. When is Renasant's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our RNST earnings forecast. How were Renasant's earnings last quarter? Renasant Co. (NASDAQ:RNST) posted its quarterly earnings data on Tuesday, April, 25th. The financial services provider reported $0.82 earnings per share for the quarter, hitting the consensus estimate of $0.82. The financial services provider earned $221.34 million during the quarter, compared to the consensus estimate of $167.60 million. Renasant had a net margin of 23.35% and a trailing twelve-month return on equity of 8.54%. During the same quarter last year, the firm posted $0.60 EPS. How often does Renasant pay dividends? What is the dividend yield for Renasant? Renasant declared a quarterly dividend on Wednesday, April 12th. Investors of record on Friday, June 16th will be paid a dividend of $0.22 per share on Friday, June 30th. This represents a $0.88 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Thursday, June 15th. Read our dividend analysis for RNST. What ETFs hold Renasant's stock? ETFs with the largest weight of Renasant (NASDAQ:RNST) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Value with Momentum ETF (XSVM), iShares US Small Cap Value Factor ETF (SVAL), Vanguard S&P Small-Cap 600 Value ETF (VIOV), Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL) and SPDR S&P 600 Small CapValue ETF (SLYV). Is Renasant a good dividend stock? Renasant (NASDAQ:RNST) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.05%. The dividend payout ratio is 27.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNST will have a dividend payout ratio of 29.93% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RNST. What is Robin McGraw's approval rating as Renasant's CEO? 20 employees have rated Renasant Chief Executive Officer Robin McGraw on Glassdoor.com. Robin McGraw has an approval rating of 72% among the company's employees. 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.68%), Dimensional Fund Advisors LP (7.52%), State Street Corp (4.54%), Allspring Global Investments Holdings LLC (2.61%), Victory Capital Management Inc. (2.39%) and Geode Capital Management LLC (1.95%). Insiders that own company stock include Curtis J Perry, Edward Robinson Mcgraw, James C Iv Mabry, James W Gray, James W Gray, John Creekmore, John Foy and Neal A Holland Jr. View institutional ownership trends. How do I buy shares of Renasant? Shares of RNST stock 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 $30.12. How much money does Renasant make? Renasant (NASDAQ:RNST) has a market capitalization of $1.69 billion and generates $691.06 million in revenue each year. The financial services provider earns $166.07 million in net income (profit) each year or $3.18 on an earnings per share basis. How many employees does Renasant have? The company employs 2,334 workers across the globe. How can I contact Renasant? Renasant's mailing address is 209 TROY STREET, TUPELO MS, 38804. The official website for the company is www.renasant.com. The financial services provider can be reached via phone at (662) 680-1001, via email at joxford@renasant.com, or via fax at 662-680-1042. This page (NASDAQ:RNST) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Renasant Co. 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