Renasant Corporation (RNST)
NYSE: RNST · Real-Time Price · USD
36.36
-0.20 (-0.55%)
Nov 20, 2024, 4:00 PM EST - Market closed
Renasant Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Renasant stock have an average target of 39.5, with a low estimate of 37 and a high estimate of 41. The average target predicts an increase of 8.64% from the current stock price of 36.36.
Analyst Consensus: Buy
* Price targets were last updated on Sep 20, 2024.
Analyst Ratings
The average analyst rating for Renasant stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 1 | 4 | 4 | 4 | 3 |
| Hold | 6 | 4 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Hovde Group | Hovde Group | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 13, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $38 → $37 | Hold | Maintains | $38 → $37 | +1.76% | Sep 20, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $34 → $40 | Hold → Buy | Upgrades | $34 → $40 | +10.01% | Aug 5, 2024 |
| Hovde Group | Hovde Group | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Aug 5, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $36 → $40 | Hold → Buy | Upgrades | $36 → $40 | +10.01% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
695.62M
Revenue Next Year
919.89M
from 695.62M
Increased by 32.24%
EPS This Year
2.69
from 2.56
Increased by 5.00%
EPS Next Year
2.59
from 2.69
Decreased by -3.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 757.5M | 1.0B | 1.2B |
| Avg | 695.6M | 919.9M | 1.1B |
| Low | 651.8M | 817.2M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 48.8% | 27.5% |
| Avg | - | 32.2% | 21.0% |
| Low | - | 17.5% | 12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.82 | 3.23 | 3.71 |
| Avg | 2.69 | 2.59 | 3.45 |
| Low | 2.54 | 1.52 | 3.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 20.3% | 43.1% |
| Avg | 5.0% | -3.6% | 33.2% |
| Low | -0.6% | -43.5% | 17.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.