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Renasant Corporation (RNST)

Stock Price: $23.53 USD 0.08 (0.34%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 1.32B
Revenue (ttm) 549.34M
Net Income (ttm) 124.49M
Shares Out 56.18M
EPS (ttm) 1.72
PE Ratio 13.68
Forward PE 15.82
Dividend $0.88
Dividend Yield 3.74%

Stock Quote

Trading Day Aug 4, 2020
Last Price $23.53
Previous Close $23.45
Change ($) 0.08
Change (%) 0.34%
Day's Open 23.33
Day's Range 23.16 - 23.59
Day's Volume 234,709
52-Week Range 18.22 - 36.84

More Stats

Market Cap 1.32B
Enterprise Value 1.86B
Earnings Date (est) n/a
Ex-Dividend Date Jun 15, 2020
Shares Outstanding 56.18M
Float 53.90M
EPS (basic) 2.17
EPS (diluted) 1.72
FCF / Share -2.22
Dividend $0.88
Dividend Yield 3.74%
Earnings Yield 7.31%
FCF Yield n/a
Payout Ratio 40.60%
Shares Short 1.24M
Short Ratio 5.15
Short % of Float 2.37%
Beta 1.36
PE Ratio 13.68
Forward PE 15.82
P/FCF Ratio n/a
PS Ratio 2.41
PB Ratio 0.64
Revenue 549.34M
Operating Income 159.82M
Net Income 124.49M
Free Cash Flow -125.56M
Net Cash -541.86M
Net Cash / Share -9.64
Gross Margin 107.38%
Operating Margin 29.09%
Profit Margin 22.20%
FCF Margin -22.86%
ROA 0.70%
ROE 4.66%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 1
Overweight 0
Hold 7
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$26.79*
(13.85% upside)
Low
25.0
Current: $23.53
High
28.5
Target: 26.79
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue590534461431345277219184172167
Revenue Growth10.53%15.64%7.1%24.94%24.58%26.59%18.89%7.16%2.63%-
Gross Profit590534461431345277219184172167
Operating Income21618916013899.7685.8945.7534.3636.5849.48
Net Income16814792.1990.9368.0159.5833.4926.6425.6331.68
Shares Outstanding57.2558.7149.3242.1040.2631.5431.3625.1225.0625.04
Earnings Per Share2.882.791.962.171.881.881.221.061.021.38
EPS Growth3.23%42.35%-9.68%15.43%0%54.1%15.09%3.92%-26.09%-
Dividend Per Share0.870.800.730.710.680.680.680.680.680.68
Dividend Growth8.75%9.59%2.82%4.41%0%0%0%0%0%-
Operating Cash Flow16482.11207164253125153178153100
Capital Expenditures-31.24-21.44-10.95-11.10-22.95-19.27-8.05-17.28-6.22-11.50
Free Cash Flow13260.6719615323010514516014788.95
Cash & Equivalents415569281306212162247132209293
Total Debt866651297312570189172165255316
Net Cash / Debt-451-82.21-15.91-5.91-359-27.2474.77-32.29-45.69-23.77
Assets13,40112,9359,8308,7007,9265,8055,7464,1794,2024,297
Liabilities11,27510,8918,3157,4676,8905,0935,0813,6803,7153,828
Book Value2,1262,0441,5151,2331,037712666498487470
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Renasant Corporation
Country United States
Employees 2,527
CEO Mitchell Claude Waycaster

Stock Information

Ticker Symbol RNST
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: RNST

Description

Renasant Corporation operates as a bank holding company for Renasant Bank, which provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate?1-4 family mortgage; real estate?commercial mortgage; real estate?construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and business and personal, and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and cash management services. The Insurance segment provides insurance agency services, including commercial and personal insurance products through third-party insurance carriers. The Wealth Management segment offers range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, self-directed individual retirement accounts, and custodial accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; and administers qualified retirement plans, profit sharing and other employee benefit plans, personal trusts, and estates. As of December 31, 2018, the company had 199 banking, insurance, and financial service offices located in Mississippi, Tennessee, Alabama, Florida, and Georgia; 152 full-service branches and 12 limited-service branches; and 151 ATMs at on-premise locations and 24 ATMs located at off-premise sites. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.