NASDAQ:RNST - Renasant Stock Price, Forecast & News

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

Renasant announced a quarterly dividend on Wednesday, November 13th. Stockholders of record on Wednesday, December 18th will be given a dividend of $0.22 per share on Wednesday, January 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Tuesday, December 17th. View Renasant's Dividend History.

Renasant Corp. (NASDAQ:RNST) released its quarterly earnings data on Tuesday, January, 21st. The financial services provider reported $0.67 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.01. The financial services provider earned $146.77 million during the quarter, compared to the consensus estimate of $147.15 million. Renasant had a return on equity of 8.09% and a net margin of 24.13%. During the same period in the previous year, the company posted $0.76 earnings per share. View Renasant's Earnings History.

Renasant is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Renasant.

5 Wall Street analysts have issued 1-year target prices for Renasant's stock. Their forecasts range from $36.00 to $38.00. On average, they expect Renasant's stock price to reach $37.25 in the next year. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Price Targets for Renasant.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Renasant.

News headlines about RNST stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Renasant earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Renasant.

Renasant saw a decrease in short interest in December. As of December 31st, there was short interest totalling 788,700 shares, a decrease of 17.3% from the December 15th total of 954,200 shares. Based on an average daily volume of 215,900 shares, the days-to-cover ratio is currently 3.7 days. Currently, 1.4% of the company's stock are short sold. View Renasant's Current Options Chain.

Some companies that are related to Renasant include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Renasant investors own include AxoGen (AXGN), Pattern Energy Group (PEGI), Virtu Financial (VIRT), Walmart (WMT), Seagate Technology (STX), Viewray (VRAY), WD-40 (WDFC), Comerica (CMA), General Mills (GIS) and Honda Motor (HMC).

Renasant's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.35%), Hardy Reed LLC (0.05%), Strs Ohio (0.05%), Sciencast Management LP (0.03%), Sheets Smith Wealth Management (0.02%) and J.W. Cole Advisors Inc. (0.01%). Company insiders that own Renasant stock include Bartow Morgan Jr, Edward Robinson Mcgraw, Fred F Sharpe, J Niles Mcneel, James W Gray, Michael D Shmerling, R Rick Hart, Richard Heyer and Stuart Johnson. View Institutional Ownership Trends for Renasant.

RNST stock was sold by a variety of institutional investors in the last quarter, including Sheets Smith Wealth Management. View Insider Buying and Selling for Renasant.

RNST stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Strs Ohio, Sciencast Management LP, Hardy Reed LLC and J.W. Cole Advisors Inc.. Company insiders that have bought Renasant stock in the last two years include Bartow Morgan Jr, Fred F Sharpe, Michael D Shmerling and Richard Heyer. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of RNST stock can currently be purchased for approximately $33.66.

Renasant has a market capitalization of $1.93 billion and generates $695.83 million in revenue each year. The financial services provider earns $146.92 million in net income (profit) each year or $2.91 on an earnings per share basis. Renasant employs 2,359 workers across the globe.View Additional Information About Renasant.

The official website for Renasant is http://www.renasant.com/.

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]