Renasant Corporation (RNST)

NASDAQ: RNST · IEX Real-Time Price · USD
-0.76 (-2.83%)
May 31, 2023, 4:00 PM EDT - Market closed

Total Valuation

Renasant has a market cap or net worth of $1.47 billion. The enterprise value is $1.78 billion.

Market Cap 1.47B
Enterprise Value 1.78B

Important Dates

The next estimated earnings date is Tuesday, July 25, 2023, after market close.

Earnings Date Jul 25, 2023
Ex-Dividend Date Jun 15, 2023

Share Statistics

Renasant has 56.09 million shares outstanding. The number of shares has increased by 0.36% in one year.

Shares Outstanding 56.09M
Shares Change (YoY) +0.36%
Shares Change (QoQ) +0.12%
Owned by Insiders (%) 2.61%
Owned by Institutions (%) 77.82%
Float 54.40M

Valuation Ratios

The trailing PE ratio is 8.21 and the forward PE ratio is 11.90. Renasant's PEG ratio is 1.80.

PE Ratio 8.21
Forward PE 11.90
PS Ratio 2.30
Forward PS 2.10
PB Ratio 0.67
P/FCF Ratio 4.30
PEG Ratio 1.80
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.68, with an EV/FCF ratio of 5.22.

EV / Earnings 9.97
EV / Sales 2.80
EV / EBITDA 6.68
EV / EBIT 7.84
EV / FCF 5.22

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.53
Debt / EBITDA 4.37
Debt / FCF 3.41

Financial Efficiency

Return on equity (ROE) is 8.40% and return on invested capital (ROIC) is 1.40%.

Return on Equity (ROE) 8.40%
Return on Assets (ROA) 1.10%
Return on Capital (ROIC) 1.40%
Revenue Per Employee $272,615
Profits Per Employee $76,521
Employee Count 2,334
Asset Turnover 0.04
Inventory Turnover n/a


In the past 12 months, Renasant has paid $48.63 million in taxes.

Income Tax 48.63M
Effective Tax Rate 21.40%

Stock Price Statistics

The stock price has decreased by -15.58% in the last 52 weeks. The beta is 1.11, so Renasant's price volatility has been higher than the market average.

Beta (1Y) 1.11
52-Week Price Change -15.58%
50-Day Moving Average 27.93
200-Day Moving Average 34.06
Average Volume (30 Days) 241,549

Short Selling Information

The latest short interest is 1.01 million, so 1.80% of the outstanding shares have been sold short.

Short Interest 1.01M
Short Previous Month 890,898
Short % of Shares Out 1.80%
Short % of Float 1.86%
Short Ratio (days to cover) 4.37

Income Statement

In the last 12 months, Renasant had revenue of $636.28 million and earned $178.60 million in profits. Earnings per share was $3.18.

Revenue 636.28M
Gross Profit 636.28M
Operating Income 227.23M
Pretax Income 227.23M
Net Income 178.60M
EBITDA 266.40M
EBIT 227.23M
Earnings Per Share (EPS) $3.18
Full Income Statement

Balance Sheet

The company has $847.70 million in cash and $1.16 billion in debt, giving a net cash position of -$315.47 million or -$5.62 per share.

Cash & Cash Equivalents 847.70M
Total Debt 1.16B
Net Cash -315.47M
Net Cash Per Share -$5.62
Equity / Book Value 2.19B
Book Value Per Share 38.99
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $360.85 million and capital expenditures -$19.91 million, giving a free cash flow of $340.94 million.

Operating Cash Flow 360.85M
Capital Expenditures -19.91M
Free Cash Flow 340.94M
FCF Per Share $6.09
Full Cash Flow Statement


Gross margin is 100.00%, with operating and profit margins of 35.71% and 28.07%.

Gross Margin 100.00%
Operating Margin 35.71%
Pretax Margin 35.71%
Profit Margin 28.07%
EBITDA Margin 41.87%
EBIT Margin 35.71%
FCF Margin 53.58%

Dividends & Yields

This stock pays an annual dividend of $0.88, which amounts to a dividend yield of 3.37%.

Dividend Per Share $0.88
Dividend Yield 3.37%
Earnings Yield 12.19%
FCF Yield 23.27%
Dividend Growth (YoY) n/a
Payout Ratio 27.67%
Buyback Yield -0.36%
Shareholder Yield 3.00%
Dividend Details

Analyst Forecast

The average price target for Renasant is $34.40, which is 31.70% higher than the current price. The consensus rating is "Hold".

Price Target $34.40
Price Target Difference 31.70%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 29, 2006. It was a forward split with a ratio of 3:2.

Last Split Date Aug 29, 2006
Split Type Forward
Split Ratio 3:2