Renasant Corporation Company Profile (NASDAQ:RNST)

About Renasant Corporation (NASDAQ:RNST)

Renasant Corporation logoRenasant Corporation is a bank holding company that owns and operates Renasant Bank (the Bank) and Renasant Insurance, Inc. (Renasant Insurance). The Company's segments include Community Banks, which delivers a range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, equipment leasing, as well as safe deposit and night depository facilities; Insurance, which includes a full service insurance agency offering all lines of commercial and personal insurance through major carriers; Wealth Management, which offers a range of fiduciary services that includes the administration and management of trust accounts, including personal and corporate benefit accounts, and custodial accounts, and Other. The Bank has its operations in Mississippi, Tennessee, Alabama, Florida and Georgia. Renasant Insurance has its operations in Mississippi. Renasant Insurance is a subsidiary of the Bank.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:RNST
  • CUSIP: 75970E10
  • Web:
  • Market Cap: $2.01502 billion
  • Outstanding Shares: 49,315,000
Average Prices:
  • 50 Day Moving Avg: $40.07
  • 200 Day Moving Avg: $41.35
  • 52 Week Range: $32.51 - $45.32
  • Trailing P/E Ratio: 18.43
  • Foreward P/E Ratio: 15.13
  • P/E Growth: 1.73
Sales & Book Value:
  • Annual Revenue: $434.66 million
  • Price / Sales: 4.64
  • Book Value: $28.62 per share
  • Price / Book: 1.43
  • Annual Dividend: $0.72
  • Dividend Yield: 1.8%
  • Net Margins: 20.31%
  • Return on Equity: 8.31%
  • Return on Assets: 1.17%
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 0.93%
  • Quick Ratio: 0.90%
  • Average Volume: 191,438 shs.
  • Beta: 1.06
  • Short Ratio: 10.17

Frequently Asked Questions for Renasant Corporation (NASDAQ:RNST)

What is Renasant Corporation's stock symbol?

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

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

Renasant Corporation announced a quarterly dividend on Friday, September 1st. Investors of record on Friday, September 15th will be given a dividend of $0.18 per share on Friday, September 29th. This represents a $0.72 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, September 14th. View Renasant Corporation's Dividend History.

How were Renasant Corporation's earnings last quarter?

Renasant Corporation (NASDAQ:RNST) released its quarterly earnings results on Tuesday, July, 18th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.04. The business had revenue of $113.87 million for the quarter, compared to analyst estimates of $112.43 million. Renasant Corporation had a net margin of 20.31% and a return on equity of 8.31%. During the same period in the prior year, the company posted $0.59 earnings per share. View Renasant Corporation's Earnings History.

When will Renasant Corporation make its next earnings announcement?

Renasant Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 17th 2017. View Earnings Estimates for Renasant Corporation.

Where is Renasant Corporation's stock going? Where will Renasant Corporation's stock price be in 2017?

2 brokers have issued 1 year target prices for Renasant Corporation's stock. Their predictions range from $43.00 to $44.00. On average, they expect Renasant Corporation's share price to reach $43.50 in the next twelve months. View Analyst Ratings for Renasant Corporation.

Who are some of Renasant Corporation's key competitors?

Who are Renasant Corporation's key executives?

Renasant Corporation's management team includes the folowing people:

  • Edward Robinson McGraw, Chairman of the Board, Chief Executive Officer of the Company and Bank
  • C. Mitchell Waycaster, President, Chief Operating Officer of the Company and Bank
  • Kevin D. Chapman, Chief Financial Officer, Executive Vice President
  • Stephen M. Corban, Executive Vice President, General Counsel
  • R. Richard Hart, Executive Vice President, Director
  • James Scott Cochran, Executive Vice President, President - Western Region of the Bank
  • O. Leonard Dorminey, Executive Vice President and President - Eastern Region of the Bank
  • James W. Gray, Executive Vice President
  • Stuart R. Johnson, Executive Vice President
  • William Mark Williams, Executive Vice President

Who owns Renasant Corporation stock?

Renasant Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.89%), Dimensional Fund Advisors LP (6.61%), BlackRock Inc. (6.35%), Goldman Sachs Group Inc. (3.49%), Frontier Capital Management Co. LLC (2.80%) and Northern Trust Corp (2.59%). Company insiders that own Renasant Corporation stock include Albert J Dale III, Edward Robinson Mcgraw, Fred F Sharpe, J Niles Mcneel, James W Gray, Jeffrey B Lacey, John Foy, Michael D Ross, Michael D Shmerling, O Leonard Dorminey, R Rick Hart, Stuart Johnson and William M Beasley. View Institutional Ownership Trends for Renasant Corporation.

Who sold Renasant Corporation stock? Who is selling Renasant Corporation stock?

Renasant Corporation's stock was sold by a variety of institutional investors in the last quarter, including Broadview Advisors LLC, Thrivent Financial For Lutherans, Renaissance Technologies LLC, Martingale Asset Management L P, Prudential Financial Inc., State Street Corp, First Trust Advisors LP and Goldman Sachs Group Inc.. Company insiders that have sold Renasant Corporation stock in the last year include Albert J Dale III, Edward Robinson Mcgraw, James W Gray, Michael D Ross, O Leonard Dorminey, R Rick Hart and Stuart Johnson. View Insider Buying and Selling for Renasant Corporation.

Who bought Renasant Corporation stock? Who is buying Renasant Corporation stock?

Renasant Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., Dimensional Fund Advisors LP, Ameriprise Financial Inc., Vanguard Group Inc., Wells Fargo & Company MN, Dana Investment Advisors Inc., Prudential PLC and Susquehanna International Group LLP. Company insiders that have bought Renasant Corporation stock in the last two years include Fred F Sharpe, J Niles Mcneel, John Foy and Michael D Shmerling. View Insider Buying and Selling for Renasant Corporation.

How do I buy Renasant Corporation stock?

Shares of Renasant Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Renasant Corporation's stock price today?

One share of Renasant Corporation stock can currently be purchased for approximately $40.86.

MarketBeat Community Rating for Renasant Corporation (NASDAQ RNST)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  349
MarketBeat's community ratings are surveys of what our community members think about Renasant Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Renasant Corporation (NASDAQ:RNST) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $43.50 (6.46% upside)

Analysts' Ratings History for Renasant Corporation (NASDAQ:RNST)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/14/2017Jefferies Group LLCReiterated RatingHold$44.00LowView Rating Details
5/27/2017Keefe, Bruyette & WoodsSet Price TargetHold$43.00N/AView Rating Details
9/12/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$38.00N/AView Rating Details
3/28/2016Sandler O'NeillBoost Price TargetHold$30.00 -> $33.00N/AView Rating Details
1/21/2016Hilliard LyonsUpgradeNeutral -> BuyN/AView Rating Details
10/22/2015StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
(Data available from 9/25/2015 forward)


Earnings History for Renasant Corporation (NASDAQ:RNST)
Earnings by Quarter for Renasant Corporation (NASDAQ:RNST)
Earnings History by Quarter for Renasant Corporation (NASDAQ RNST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/16/2017$0.61N/AView Earnings Details
7/18/2017Q2 2017$0.57$0.61$112.43 million$113.87 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.53$0.55$109.87 million$106.04 millionViewN/AView Earnings Details
10/18/2016Q316$0.58$0.59$111.83 million$114.00 millionViewN/AView Earnings Details
7/19/2016Q216$0.57$0.59$110.30 million$112.74 millionViewN/AView Earnings Details
4/26/2016Q116$0.52$0.54$103.83 million$103.36 millionViewN/AView Earnings Details
1/19/2016Q415$0.55$0.52$102.13 million$103.92 millionViewListenView Earnings Details
10/20/2015Q315$0.53$0.53$101.47 million$100.80 millionViewListenView Earnings Details
7/21/2015Q215$0.51$0.48$73.13 million$74.59 millionViewListenView Earnings Details
4/28/2015Q115$0.49$0.48$71.43 million$70.75 millionViewN/AView Earnings Details
1/20/2015Q414$0.49$0.49$73.93 million$69.99 millionViewN/AView Earnings Details
10/21/2014Q314$0.48$0.49$72.41 million$73.04 millionViewN/AView Earnings Details
7/15/2014Q214$0.44$0.47$70.24 million$71.64 millionViewN/AView Earnings Details
4/22/2014Q114$0.39$0.43$68.10 million$68.59 millionViewN/AView Earnings Details
1/21/2014Q413$0.35$0.40ViewN/AView Earnings Details
7/16/2013Q2 2013$0.32$0.33$52.88 millionViewN/AView Earnings Details
4/23/2013Q1 2013$0.28$0.30$52.41 millionViewN/AView Earnings Details
1/15/2013Q4 2012$0.28$0.29$52.87 millionViewN/AView Earnings Details
10/16/2012$0.25$0.28ViewN/AView Earnings Details
7/17/2012$0.24$0.25ViewN/AView Earnings Details
4/24/2012$0.23$0.24ViewN/AView Earnings Details
1/17/2012$0.21$0.23ViewN/AView Earnings Details
10/18/2011$0.25$0.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Renasant Corporation (NASDAQ:RNST)
2017 EPS Consensus Estimate: $2.28
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.52$0.52$0.52
Q2 20172$0.55$0.56$0.56
Q3 20172$0.60$0.60$0.60
Q4 20172$0.59$0.61$0.60
Q1 20181$0.63$0.63$0.63
Q2 20181$0.66$0.66$0.66
Q3 20181$0.67$0.67$0.67
(Data provided by Zacks Investment Research)


Current Dividend Information for Renasant Corporation (NASDAQ:RNST)
Next Dividend:9/29/2017
Annual Dividend:$0.72
Dividend Yield:1.76%
Payout Ratio:32.58% (Trailing 12 Months of Earnings)
30.90% (Based on This Year's Estimates)
26.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Renasant Corporation (NASDAQ:RNST)

Dividend History by Quarter for Renasant Corporation (NASDAQ RNST)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Renasant Corporation (NASDAQ:RNST)
Insider Ownership Percentage: 3.86%
Institutional Ownership Percentage: 62.11%
Insider Trades by Quarter for Renasant Corporation (NASDAQ:RNST)
Institutional Ownership by Quarter for Renasant Corporation (NASDAQ:RNST)
Insider Trades by Quarter for Renasant Corporation (NASDAQ:RNST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017J Niles McneelDirectorBuy23$40.04$920.92View SEC Filing  
8/11/2017Fred F SharpeDirectorBuy2,000$39.55$79,100.00View SEC Filing  
8/8/2017Michael D ShmerlingDirectorBuy1,000$41.50$41,500.00View SEC Filing  
8/2/2017Albert J Dale IIIDirectorSell15,000$42.54$638,100.00View SEC Filing  
7/28/2017Fred F SharpeDirectorBuy2,000$42.33$84,660.00View SEC Filing  
7/24/2017Fred F SharpeDirectorBuy4,000$42.36$169,440.00View SEC Filing  
6/8/2017Edward Robinson McgrawCEOSell5,000$43.00$215,000.00View SEC Filing  
6/1/2017James W GrayEVPSell5,000$39.94$199,700.00View SEC Filing  
5/15/2017Albert J Dale IIIDirectorSell8,000$42.10$336,800.00View SEC Filing  
5/2/2017Michael D ShmerlingDirectorBuy500$42.13$21,065.00View SEC Filing  
3/17/2017R Rick HartEVPSell5,304$40.70$215,872.80View SEC Filing  
3/13/2017Michael D. RossEVPSell1,492$40.85$60,948.20View SEC Filing  
3/1/2017Edward Robinson McgrawCEOSell5,000$42.04$210,200.00View SEC Filing  
2/21/2017Stuart JohnsonEVPSell4,339$40.81$177,074.59View SEC Filing  
2/14/2017Michael D. RossEVPSell32,735$40.77$1,334,605.95View SEC Filing  
12/2/2016O Leonard DormineyInsiderSell7,716$41.60$320,985.60View SEC Filing  
11/21/2016Albert J Dale IIIDirectorSell2,031$39.42$80,062.02View SEC Filing  
11/21/2016James W GrayEVPSell5,000$39.50$197,500.00View SEC Filing  
10/21/2016Fred F SharpeDirectorBuy2,000$33.70$67,400.00View SEC Filing  
8/29/2016Fred F SharpeDirectorBuy1,000$35.12$35,120.00View SEC Filing  
7/22/2016O Leonard DormineyInsiderSell6,000$33.01$198,060.00View SEC Filing  
7/22/2016R Rick HartEVPSell4,000$33.15$132,600.00View SEC Filing  
5/10/2016J Niles McneelDirectorSell2,500$33.51$83,775.00View SEC Filing  
3/4/2016O Leonard DormineyEVPSell8,273$33.20$274,663.60View SEC Filing  
1/26/2016John FoyDirectorBuy500$29.77$14,885.00View SEC Filing  
1/22/2016Fred F SharpeDirectorBuy500$30.55$15,275.00View SEC Filing  
12/8/2015John FoyDirectorBuy1,000$35.10$35,100.00View SEC Filing  
12/7/2015Michael D ShmerlingDirectorBuy2,000$35.76$71,520.00View SEC Filing  
11/23/2015Jeffrey B. LaceyEVPSell12,665$36.36$460,499.40View SEC Filing  
10/28/2015William M BeasleyDirectorSell7,200$35.37$254,664.00View SEC Filing  
10/27/2015William M BeasleyDirectorSell1,000$35.11$35,110.00View SEC Filing  
10/26/2015Fred F SharpeDirectorBuy1,700$34.89$59,313.00View SEC Filing  
10/23/2015William M BeasleyDirectorSell1,300$35.22$45,786.00View SEC Filing  
8/25/2015Michael D ShmerlingDirectorBuy4,000$29.97$119,880.00View SEC Filing  
5/8/2015Michael D ShmerlingDirectorBuy2,000$29.82$59,640.00View SEC Filing  
1/29/2015Marshall DickersonDirectorSell1,183$26.51$31,361.33View SEC Filing  
1/28/2015John FoyDirectorBuy4,300$26.75$115,025.00View SEC Filing  
1/26/2015Richard HeyerDirectorBuy1,100$27.56$30,316.00View SEC Filing  
8/1/2014Theodore MollDirectorBuy3,000$28.59$85,770.00View SEC Filing  
2/21/2014Edward Robinson McgrawCEOBuy1,000$26.95$26,950.00View SEC Filing  
2/20/2014John FoyDirectorBuy1,000$27.00$27,000.00View SEC Filing  
2/3/2014Michael ShmerlingDirectorBuy1,000$28.80$28,800.00View SEC Filing  
1/27/2014Michael ShmerlingDirectorBuy2,000$29.95$59,900.00View SEC Filing  
12/2/2013John FoyDirectorSell2,500$30.46$76,150.00View SEC Filing  
11/22/2013William BeasleyDirectorSell1,049$29.32$30,756.68View SEC Filing  
11/20/2013William BeasleyDirectorSell2,451$29.17$71,495.67View SEC Filing  
11/8/2013William BeasleyDirectorSell1,658$29.27$48,529.66View SEC Filing  
10/21/2013John FoyDirectorSell1,000$28.81$28,810.00View SEC Filing  
11/16/2012Neal A Holland JrDirectorBuy1,043$16.60$17,313.80View SEC Filing  
11/14/2012Neal A Holland JrDirectorBuy1,107$16.75$18,542.25View SEC Filing  
11/9/2012James W GrayEVPBuy1,685$17.80$29,993.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Renasant Corporation (NASDAQ:RNST)
Latest Headlines for Renasant Corporation (NASDAQ:RNST)
DateHeadline logoRenasant Corporation (RNST) Upgraded by ValuEngine to Buy - September 24 at 10:28 PM logo$126.97 Million in Sales Expected for Renasant Corporation (RNST) This Quarter - September 21 at 7:30 AM logoRenasant Corporation (RNST) Upgraded at Zacks Investment Research - September 21 at 12:02 AM logoETFs with exposure to Renasant Corp. : September 14, 2017 - September 14 at 1:29 AM logoRenasant Corp. :RNST-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017 - September 13 at 8:29 AM logoRenasant Corporation (RNST) Receives Average Recommendation of "Hold" from Brokerages - September 12 at 4:48 PM logoZacks: Brokerages Anticipate Renasant Corporation (RNST) Will Announce Quarterly Sales of $126.97 Million - September 2 at 1:58 AM logoRenasant Corporation (RNST) to Issue Quarterly Dividend of $0.18 - September 1 at 5:50 PM logoRenasant Corporation (RNST) Upgraded to "Hold" at Zacks Investment Research - August 21 at 10:26 PM logoRenasant Corporation (RNST) Given Average Recommendation of "Hold" by Brokerages - August 18 at 5:04 PM logoRenasant Corporation (NASDAQ:RNST) Director Acquires $79,100.00 in Stock - August 14 at 1:27 PM logoSee what the IHS Markit Score report has to say about Renasant Corp. - August 12 at 7:29 AM logoRenasant Corporation (RNST) Director Buys $41,500.00 in Stock - August 8 at 4:22 PM logoRenasant Corporation (RNST) Director Sells $638,100.00 in Stock - August 2 at 4:28 PM logoRenasant Corp. – Value Analysis (NASDAQ:RNST) : July 31, 2017 - August 1 at 6:02 AM logoRenasant Corporation (NASDAQ:RNST) Director Fred F. Sharpe Acquires 2,000 Shares - July 31 at 7:44 PM logo$126.97 Million in Sales Expected for Renasant Corporation (NASDAQ:RNST) This Quarter - July 28 at 7:41 PM logoRenasant Corporation (NASDAQ:RNST) Director Fred F. Sharpe Acquires 4,000 Shares - July 26 at 4:31 PM logo Analysts Expect Renasant Corporation (NASDAQ:RNST) Will Post Earnings of $0.59 Per Share - July 26 at 8:22 AM logoRenasant Corporation (NASDAQ:RNST) Given Average Recommendation of "Hold" by Brokerages - July 24 at 4:52 PM logoRenasant Corporation to Post Q1 2018 Earnings of $0.63 Per Share, FIG Partners Forecasts (RNST) - July 24 at 9:29 AM logoEarnings Review and Free Research Report: Bank of America EPS Rose 12% YoY; Beat Expectations - July 21 at 6:44 AM logoRenasant's (RNST) CEO Robin McGraw on Q2 2017 Results - Earnings Call Transcript - July 20 at 7:19 AM logoEdited Transcript of RNST earnings conference call or presentation 19-Jul-17 2:00pm GMT - July 20 at 7:19 AM logoRenasant Corporation (RNST) Issues Quarterly Earnings Results - July 19 at 8:59 AM logoRenasant Corporation Announces Record Earnings For The Second Quarter Of 2017 - July 19 at 7:20 AM logoRenasant tops Street 2Q forecasts - July 19 at 7:19 AM logoRenasant Corp. breached its 50 day moving average in a Bearish Manner : RNST-US : July 17, 2017 - July 17 at 3:29 PM logoBidaskClub Downgrades Renasant Corporation (RNST) to Sell - July 16 at 10:08 PM logoJefferies Group LLC Reaffirms "Hold" Rating for Renasant Corporation (RNST) - July 15 at 12:16 AM logoJefferies Group Weighs in on Renasant Corporation's Q3 2017 Earnings (RNST) - July 14 at 11:14 AM logoRenasant Corporation (NASDAQ:RNST) Scheduled to Post Quarterly Earnings on Tuesday - July 14 at 8:03 AM logoRenasant Announces 2017 Second Quarter Earnings Webcast and Conference Call Information - July 8 at 2:05 PM logoRenasant Corporation (NASDAQ:RNST) Stock Rating Lowered by Zacks Investment Research - July 8 at 7:20 AM logoFY2017 Earnings Estimate for Renasant Corporation Issued By Jefferies Group (RNST) - July 7 at 11:48 AM logoRenasant Corporation (NASDAQ:RNST) Upgraded by Zacks Investment Research to "Buy" - July 4 at 7:25 AM logoRenasant Corporation Completes Merger with Metropolitan BancGroup, Inc. - July 4 at 6:56 AM logo Analysts Anticipate Renasant Corporation (NASDAQ:RNST) Will Post Quarterly Sales of $112.50 Million - July 2 at 10:44 AM logoRenasant Corporation (RNST) Expected to Post Earnings of $0.56 Per Share - June 30 at 11:05 AM logoRenasant Corporation (RNST) Given Average Rating of "Hold" by Analysts - June 27 at 4:30 PM logoRenasant Corp. : RNST-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017 - June 16 at 3:35 PM logoETFs with exposure to Renasant Corp. : June 15, 2017 - June 16 at 9:25 AM logoRenasant Corp.'s (RNST) "Hold" Rating Reaffirmed at Jefferies Group LLC - June 9 at 5:08 PM logoMetropolitan Shareholders Approve Merger with Renasant Bank - June 8 at 8:50 PM logoInsider Selling: Renasant Corp. (RNST) CEO Sells 5,000 Shares of Stock - June 8 at 4:58 PM logo$112.23 Million in Sales Expected for Renasant Corp. (RNST) This Quarter - June 7 at 8:24 AM logo$0.55 Earnings Per Share Expected for Renasant Corp. (RNST) This Quarter - June 6 at 12:26 AM logoRenasant Corp. breached its 50 day moving average in a Bullish Manner : RNST-US : June 5, 2017 - June 5 at 9:33 PM logoETFs with exposure to Renasant Corp. : June 2, 2017 - June 2 at 11:08 PM logoJames W. Gray Sells 5,000 Shares of Renasant Corp. (RNST) Stock - June 1 at 4:28 PM



Renasant Corporation (RNST) Chart for Monday, September, 25, 2017

This page was last updated on 9/25/2017 by Staff