Renasant Corporation (RNST)
Market Cap | 1.74B |
Revenue (ttm) | 606.76M |
Net Income (ttm) | 166.07M |
Shares Out | 56.02M |
EPS (ttm) | 2.95 |
PE Ratio | 10.53 |
Forward PE | 11.90 |
Dividend | $0.88 (2.83%) |
Ex-Dividend Date | Mar 16, 2023 |
Volume | 217,941 |
Open | 29.77 |
Previous Close | 29.99 |
Day's Range | 29.39 - 31.29 |
52-Week Range | 27.61 - 41.77 |
Beta | 1.13 |
Analysts | Buy |
Price Target | 40.23 (+29.52%) |
Earnings Date | Apr 24, 2023 |
About RNST
Renasant Corporation operates as a bank holding company for Renasant Bank that 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, asset-based lending, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural lo... [Read more]
Financial Performance
In 2022, Renasant's revenue was $606.76 million, a decrease of -7.03% compared to the previous year's $652.65 million. Earnings were $166.07 million, a decrease of -5.59%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for RNST stock is "Buy." The 12-month stock price forecast is $40.23, which is an increase of 29.52% from the latest price.
News

Renasant Corporation Declares Quarterly Dividend
TUPELO, Miss., Feb. 16, 2023 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NASDAQ: RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share t...

Renasant (RNST) Tops Q4 Earnings Estimates
Renasant (RNST) delivered earnings and revenue surprises of 1.14% and 0.85%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Renasant Corporation Announces Earnings for the Fourth Quarter of 2022
TUPELO, Miss., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the fourth quarter of 2022.

Renasant Announces 2022 Fourth Quarter Webcast and Conference Call Information
TUPELO, Miss., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2022 fourth quarter results following the NASDAQ's closing on Tuesday, January 24, 20...

Mullinax Joins Renasant as Brand Ambassador
TUPELO, Miss., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Renasant today announced that Trey Mullinax, PGA Tour golfer, has joined Renasant as a Brand Ambassador.

Renasant Bank Acquires Republic Business Credit
TUPELO, Miss., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) announced today that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has a...

Down 6% in 4 Weeks, Here's Why Renasant (RNST) Looks Ripe for a Turnaround
Renasant (RNST) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising ...

Renasant (RNST) Q3 Earnings Meet Estimates
Renasant (RNST) delivered earnings and revenue surprises of 0% and 8.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Renasant Corporation Announces Earnings For the Third Quarter of 2022
TUPELO, Miss., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the third quarter of 2022.

Renasant (RNST) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Renasant (RNST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Renasant Announces 2022 Third Quarter Webcast and Conference Call Information
TUPELO, Miss., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2022 third quarter results following the NASDAQ's closing on Tuesday, October 25, 202...

Renasant (RNST) Could Find Support Soon, Here's Why You Should Buy the Stock Now
Renasant (RNST) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall ...

Here's Why Renasant (RNST) is a Great Momentum Stock to Buy
Does Renasant (RNST) have what it takes to be a top stock pick for momentum investors? Let's find out.

Renasant Mortgage Lending Announces Organizational Updates
BIRMINGHAM, Ala., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation today announced organizational updates for its Renasant Mortgage Lending Division. David Mays, Executive Vice President and Pre...

What Makes Renasant (RNST) a New Buy Stock
Renasant (RNST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Renasant (RNST) Surpasses Q2 Earnings and Revenue Estimates
Renasant (RNST) delivered earnings and revenue surprises of 12.50% and 5.98%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Renasant Corporation Announces Earnings for the Second Quarter of 2022
TUPELO, Miss., July 26, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the second quarter of 2022. Net income for the second quarter ...

Renasant (RNST) Expected to Beat Earnings Estimates: Should You Buy?
Renasant (RNST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Renasant Announces 2022 Second Quarter Webcast and Conference Call Information
TUPELO, Miss., July 12, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) will announce 2022 second quarter results following the NASDAQ's closing on Tuesday, July 26, 2022....

Zimmerman Joins Renasant as Brand Ambassador
NASHVILLE, Tenn., April 28, 2022 (GLOBE NEWSWIRE) -- Renasant Bank today announced that Walker Zimmerman, center-back for the Nashville Soccer Club, has joined Renasant as a Brand Ambassador and spoke...

Renasant (RNST) Beats Q1 Earnings Estimates
Renasant (RNST) delivered earnings and revenue surprises of 3.45% and 3.55%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Renasant to Eliminate NSF and Certain Overdraft Fees
TUPELO, Miss., April 26, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”), the parent company of Renasant Bank, today announced its plans to eliminate both consumer (retail...

Renasant Corporation Announces Earnings For the First Quarter of 2022
TUPELO, Miss., April 26, 2022 (GLOBE NEWSWIRE) -- Renasant Corporation (NASDAQ: RNST) (the “Company”) today announced earnings results for the first quarter of 2022. Net income for the first quarter o...

Why Earnings Season Could Be Great for Renasant (RNST)
Renasant (RNST) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Renasant (RNST) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Renasant (RNST) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.