Renasant Corporation (RNST)
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 |
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 |
Taxes
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 |
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 |
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 |
Margins
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% |
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 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 |