S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
This Trade Strategy Outpaces Almost Anything (Ad)pixel
First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
This Trade Strategy Outpaces Almost Anything (Ad)pixel
First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
This Trade Strategy Outpaces Almost Anything (Ad)pixel
First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
S&P 500   3,951.57
DOW   32,244.58
QQQ   305.97
5 Tech Stocks With Bank-Like Dividend Yields
This Trade Strategy Outpaces Almost Anything (Ad)pixel
First Republic Bank Hits New Low, Dimon Pushes for More Cash
Mullen Automotive: Investment? No. Compelling Speculation, Yes 
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar
Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Which Gold Stocks Can Help You Hedge Bank Exposure?
General Mills Retreats To Buy Zone Ahead Of Earnings 
NASDAQ:RNST

Renasant - RNST Stock Forecast, Price & News

$30.79
-0.26 (-0.84%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
$30.75
$32.54
50-Day Range
$30.79
$38.23
52-Week Range
$27.61
$41.77
Volume
306,521 shs
Average Volume
254,844 shs
Market Capitalization
$1.72 billion
P/E Ratio
10.40
Dividend Yield
2.86%
Price Target
$37.70

Renasant MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
22.4% Upside
$37.70 Price Target
Short Interest
Healthy
1.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Renasant in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.35%
From $3.40 to $3.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Finance Sector

566th out of 876 stocks

State Commercial Banks Industry

136th out of 177 stocks


RNST stock logo

About Renasant (NASDAQ:RNST) Stock

Renasant 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.

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.

RNST Stock News Headlines

StockNews.com Downgrades Renasant (NASDAQ:RNST) to Sell
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Renasant Co. (NASDAQ:RNST) Declares $0.22 Quarterly Dividend
Renasant Full Year 2022 Earnings: EPS Misses Expectations
Renasant (RNST) Tops Q4 Earnings Estimates
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Earnings Preview For Renasant
Mullinax Joins Renasant as Brand Ambassador
Renasant Bank Acquires Republic Business Credit
Renasant's (NASDAQ:RNST) Dividend Will Be $0.22
Renasant (RNST) Q3 Earnings Meet Estimates
Renasant is Now Oversold (RNST)
See More Headlines
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.

RNST Company Calendar

Ex-Dividend for 1/1 Dividend
12/15/2022
Dividend Payable
1/01/2023
Last Earnings
1/25/2023
Ex-Dividend for 3/31 Dividend
3/16/2023
Today
3/21/2023
Dividend Payable
3/31/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:RNST
CUSIP
75970E10
Employees
2,334
Year Founded
1904

Price Target and Rating

Average Stock Price Forecast
$37.70
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+22.4%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$166.07 million
Pretax Margin
30.58%

Debt

Sales & Book Value

Annual Sales
$691.06 million
Cash Flow
$3.75 per share
Book Value
$38.17 per share

Miscellaneous

Free Float
54,410,000
Market Cap
$1.72 billion
Optionable
Optionable
Beta
1.11

Social Links


Key Executives

  • C. Mitchell Waycaster
    President, Chief Executive Officer & Director
  • Kevin Dobson Chapman
    Chief Operating Officer & Executive Vice President
  • Jim Mabry
    Chief Financial Officer & Executive Vice President
  • Stuart Ray Johnson
    Executive Vice President
  • James W. Gray
    Executive Vice President













RNST Stock - Frequently Asked Questions

Should I buy or sell Renasant stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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?

5 brokerages have issued twelve-month price targets for Renasant's stock. Their RNST share price forecasts range from $34.00 to $40.00. On average, they predict the company's share price to reach $37.70 in the next twelve months. This suggests a possible upside of 22.4% 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 at the beginning of 2023. Since then, RNST shares have decreased by 18.1% and is now trading at $30.79.
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, April 25th 2023.
View our RNST earnings forecast
.

How were Renasant's earnings last quarter?

Renasant Co. (NASDAQ:RNST) released its quarterly earnings data on Wednesday, January, 25th. The financial services provider reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.01. The financial services provider had revenue of $198.46 million for the quarter, compared to analyst estimates of $172.70 million. Renasant had a trailing twelve-month return on equity of 8.01% and a net margin of 24.03%. During the same period in the previous year, the company posted $0.68 EPS.

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

Renasant announced a quarterly dividend on Thursday, February 16th. Shareholders of record on Friday, March 17th will be given a dividend of $0.22 per share on Friday, March 31st. This represents a $0.88 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date is Thursday, March 16th.
Read our dividend analysis for RNST
.

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 2.83%. The dividend payout ratio is 29.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNST will have a dividend payout ratio of 26.51% 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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.27%), Victory Capital Management Inc. (2.64%), Victory Capital Management Inc. (2.64%), Victory Capital Management Inc. (2.63%), Allspring Global Investments Holdings LLC (2.50%) and Palisade Capital Management LLC NJ (1.90%). Insiders that own company stock include Edward Robinson Mcgraw, James C Iv Mabry, James W Gray, James W Gray, John Creekmore, John Foy, R Rick Hart and Richard Heyer.
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 $30.79.

How much money does Renasant make?

Renasant (NASDAQ:RNST) has a market capitalization of $1.72 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 $2.96 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 3/21/2023 by MarketBeat.com Staff