NASDAQ:RNST - Renasant Stock Price, Forecast & News

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

Renasant declared a quarterly dividend on Thursday, February 20th. Shareholders of record on Tuesday, March 17th will be given a dividend of $0.22 per share on Tuesday, March 31st. This represents a $0.88 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date is Monday, March 16th. View Renasant's Dividend History.

Renasant Corp. (NASDAQ:RNST) posted its earnings results on Tuesday, January, 21st. The financial services provider reported $0.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.66 by $0.01. The financial services provider had revenue of $146.77 million for 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 business earned $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.

4 brokers have issued twelve-month price objectives for Renasant's stock. Their forecasts range from $36.00 to $38.00. On average, they expect Renasant's stock price to reach $37.00 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for Renasant.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Renasant.

Media coverage about RNST stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog 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 daily sentiment score of -3.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Renasant.

Renasant saw a drop in short interest in January. As of January 15th, there was short interest totalling 788,700 shares, a drop of 17.3% from the December 31st total of 954,200 shares. Based on an average trading volume of 208,500 shares, the days-to-cover ratio is currently 3.8 days. Currently, 1.4% of the shares of the company are sold short. 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), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), 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 many different of institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (3.58%), State Street Corp (2.29%), Palisade Capital Management LLC NJ (1.71%), Westwood Holdings Group Inc. (1.51%), Victory Capital Management Inc. (1.40%) and Geode Capital Management LLC (1.35%). Company insiders that own Renasant stock include Bartow Morgan Jr, Edward Robinson Mcgraw, Fred F Sharpe, J Niles Mcneel, James W Gray, John Foy, Michael D Shmerling, 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 William Blair Investment Management LLC, Renaissance Technologies LLC, Prudential Financial Inc., Guggenheim Capital LLC, Goldman Sachs Group Inc., New York State Common Retirement Fund, Dean Capital Management and Lord Abbett & CO. LLC. View Insider Buying and Selling for Renasant.

RNST stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Peregrine Capital Management LLC, Private Advisors LLC, EJF Capital LLC, California Public Employees Retirement System, Hotchkis & Wiley Capital Management LLC, Bank of New York Mellon Corp and Barclays PLC. Company insiders that have bought Renasant stock in the last two years include Bartow Morgan Jr, Fred F Sharpe, John Foy, 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 $29.66.

Renasant has a market capitalization of $1.70 billion and generates $695.83 million in revenue each year. The financial services provider earns $167.91 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]