Renasant Corporation (RNST)

NASDAQ: RNST · IEX Real-Time Price · USD
31.06
+1.07 (3.57%)
Mar 24, 2023, 4:00 PM EDT - Market closed
3.57%
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]

Sector Financials
Founded 1904
Employees 2,409
Stock Exchange NASDAQ
Ticker Symbol RNST
Full Company Profile

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 Statements

Analyst 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.

Price Target
$40.23
(29.52% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

1 month ago - GlobeNewsWire

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?

2 months ago - Zacks Investment Research

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.

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

3 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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.

5 months ago - GlobeNewsWire

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.

5 months ago - Zacks Investment Research

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...

5 months ago - GlobeNewsWire

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 ...

7 months ago - Zacks Investment Research

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.

7 months ago - Zacks Investment Research

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...

8 months ago - GlobeNewsWire

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).

8 months ago - Zacks Investment Research

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?

8 months ago - Zacks Investment Research

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 ...

8 months ago - GlobeNewsWire

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.

8 months ago - Zacks Investment Research

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....

9 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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?

11 months ago - Zacks Investment Research

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...

11 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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.

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research