Renasant Corporation (RNST)

Renasant Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Renasant stock have an average target of 34, with a low estimate of 32 and a high estimate of 37. The average target predicts a decrease of -4.74% from the current stock price of 35.69.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32	$34	$34	$37
Change	-10.34%	-4.74%	-4.74%	+3.67%

Analyst Ratings

The average analyst rating for Renasant stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	6	6	6	6	6	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brandon King Truist Securities	Truist Securities	Hold Maintains $33 → $32	Hold	Maintains	$33 → $32	-10.34%	Jul 8, 2024
Stephen Scouten Piper Sandler	Piper Sandler	Hold Maintains $33	Hold	Maintains	$33	-7.54%	Jul 3, 2024
Catherine Mealor Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $34	Hold	Maintains	$34	-4.74%	Jul 3, 2024
Brandon King Truist Securities	Truist Securities	Hold Maintains $35 → $33	Hold	Maintains	$35 → $33	-7.54%	Apr 1, 2024
Matt Olney Stephens & Co.	Stephens & Co.	Hold Maintains $36 → $37	Hold	Maintains	$36 → $37	+3.67%	Jan 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

683.33M

Increased by 10.78%

from 616.81M

Revenue Next Year

712.78M

Increased by 4.31%

from 683.33M

EPS This Year

2.73

Increased by 6.66%

from 2.56

EPS Next Year

2.81

Increased by 3.04%

from 2.73

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	589.86M	575.48M	653.15M	606.68M	616.81M	683.33M	712.78M
Revenue Growth	10.53%	-2.44%	13.50%	-7.12%	1.67%	10.78%	4.31%
EPS	2.88	1.48	3.12	2.95	2.56	2.73	2.81
EPS Growth	3.23%	-48.61%	110.81%	-5.45%	-13.22%	6.66%	3.04%
Forward PE	-	-	-	-	-	13.07	12.68
No. Analysts	-	-	-	-	-	9	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	706.4M	741.7M
Avg	683.3M	712.8M
Low	653.6M	676.3M

Revenue Growth

Revenue Growth	2024	2025
High	14.5%	8.5%
Avg	10.8%	4.3%
Low	6.0%	-1.0%

EPS Forecast

EPS	2024	2025
High	2.92	3.02
Avg	2.73	2.81
Low	2.50	2.55

EPS Growth

EPS Growth	2024	2025
High	14.2%	10.7%
Avg	6.7%	3.0%
Low	-2.4%	-6.7%

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.