S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
How major US stock indexes fared Friday, 4/19/2024
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Renasant (RNST) Competitors

$29.80
+1.03 (+3.58%)
(As of 04:38 PM ET)

RNST vs. OFG, LOB, LKFN, FBK, BANR, EFSC, HTLF, HTH, SBCF, and TOWN

Should you be buying Renasant stock or one of its competitors? The main competitors of Renasant include OFG Bancorp (OFG), Live Oak Bancshares (LOB), Lakeland Financial (LKFN), FB Financial (FBK), Banner (BANR), Enterprise Financial Services (EFSC), Heartland Financial USA (HTLF), Hilltop (HTH), Seacoast Banking Co. of Florida (SBCF), and TowneBank (TOWN). These companies are all part of the "state commercial banks" industry.

Renasant vs.

OFG Bancorp (NYSE:OFG) and Renasant (NASDAQ:RNST) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, dividends, valuation, institutional ownership, profitability, risk and analyst recommendations.

OFG Bancorp has a net margin of 23.62% compared to OFG Bancorp's net margin of 15.94%. Renasant's return on equity of 16.25% beat OFG Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
OFG Bancorp23.62% 16.25% 1.75%
Renasant 15.94%7.98%1.03%

Renasant received 78 more outperform votes than OFG Bancorp when rated by MarketBeat users. However, 65.15% of users gave OFG Bancorp an outperform vote while only 57.87% of users gave Renasant an outperform vote.

CompanyUnderperformOutperform
OFG BancorpOutperform Votes
286
65.15%
Underperform Votes
153
34.85%
RenasantOutperform Votes
364
57.87%
Underperform Votes
265
42.13%

OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.9%. Renasant pays an annual dividend of $0.88 per share and has a dividend yield of 3.0%. OFG Bancorp pays out 26.2% of its earnings in the form of a dividend. Renasant pays out 34.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. OFG Bancorp has increased its dividend for 4 consecutive years.

In the previous week, OFG Bancorp had 6 more articles in the media than Renasant. MarketBeat recorded 7 mentions for OFG Bancorp and 1 mentions for Renasant. OFG Bancorp's average media sentiment score of 0.65 beat Renasant's score of 0.33 indicating that Renasant is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
OFG Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Renasant
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

92.7% of OFG Bancorp shares are owned by institutional investors. Comparatively, 77.3% of Renasant shares are owned by institutional investors. 3.1% of OFG Bancorp shares are owned by company insiders. Comparatively, 2.8% of Renasant shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

OFG Bancorp has higher earnings, but lower revenue than Renasant. OFG Bancorp is trading at a lower price-to-earnings ratio than Renasant, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OFG Bancorp$770.73M2.13$181.87M$3.829.12
Renasant$910.39M1.84$144.68M$2.5811.55

OFG Bancorp has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500. Comparatively, Renasant has a beta of 1.03, suggesting that its stock price is 3% more volatile than the S&P 500.

OFG Bancorp presently has a consensus target price of $40.00, suggesting a potential upside of 14.88%. Renasant has a consensus target price of $33.00, suggesting a potential upside of 10.74%. Given Renasant's stronger consensus rating and higher possible upside, equities analysts plainly believe OFG Bancorp is more favorable than Renasant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OFG Bancorp
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Renasant
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

OFG Bancorp beats Renasant on 16 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RNST and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RNST vs. The Competition

MetricRenasantState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$1.68B$2.03B$8.25B$7.31B
Dividend Yield3.11%4.43%10.64%4.01%
P/E Ratio11.5510.6260.5016.38
Price / Sales1.841.973,522.2489.25
Price / Cash7.478.0327.9134.82
Price / Book0.731.012.374.14
Net Income$144.68M$401.49M$997.68M$214.16M
7 Day Performance3.33%1.79%-0.28%-3.50%
1 Month Performance2.58%0.71%-1.12%-3.95%
1 Year Performance2.48%13.61%9.93%3.40%

Renasant Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OFG
OFG Bancorp
3.7656 of 5 stars
$33.48
-1.7%
$40.00
+19.5%
+38.2%$1.58B$770.73M8.762,248Earnings Report
News Coverage
LOB
Live Oak Bancshares
3.5269 of 5 stars
$36.89
-1.7%
$41.50
+12.5%
+56.0%$1.65B$800.01M22.49943Upcoming Earnings
LKFN
Lakeland Financial
2.5703 of 5 stars
$59.34
+0.1%
$74.00
+24.7%
+5.3%$1.54B$393.12M16.26608Upcoming Earnings
News Coverage
FBK
FB Financial
4.2806 of 5 stars
$36.19
+4.5%
$37.67
+4.1%
+22.0%$1.70B$748.95M14.081,591Analyst Upgrade
High Trading Volume
BANR
Banner
3.9401 of 5 stars
$42.97
-2.0%
$53.75
+25.1%
-15.8%$1.48B$745.98M8.061,966Dividend Announcement
Analyst Report
Short Interest ↑
News Coverage
EFSC
Enterprise Financial Services
4.4278 of 5 stars
$38.03
-0.8%
$49.33
+29.7%
-10.6%$1.43B$833.64M7.491,221Upcoming Earnings
News Coverage
HTLF
Heartland Financial USA
4.7665 of 5 stars
$33.30
-2.9%
$39.80
+19.5%
-5.1%$1.42B$932.87M19.701,970News Coverage
HTH
Hilltop
4.7031 of 5 stars
$28.71
-1.7%
$32.00
+11.5%
-0.1%$1.87B$1.57B16.993,800Earnings Report
Short Interest ↓
News Coverage
SBCF
Seacoast Banking Co. of Florida
2.676 of 5 stars
$22.05
-0.9%
$25.63
+16.2%
-0.6%$1.87B$768.13M17.781,541Upcoming Earnings
News Coverage
TOWN
TowneBank
3.898 of 5 stars
$25.86
-1.3%
$29.00
+12.1%
+6.2%$1.88B$941.58M12.492,784Upcoming Earnings
Positive News

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This page (NASDAQ:RNST) was last updated on 4/19/2024 by MarketBeat.com Staff

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