Renasant (RNST) Stock Price, News & Analysis

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Renasant in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RNST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RNST, but not buy additional shares or sell existing shares.
View RNST analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 12-month price objectives for Renasant's stock. Their RNST share price targets range from $27.00 to $37.00. On average, they anticipate the company's stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price.
View analysts price targets for RNST or view top-rated stocks among Wall Street analysts.

Renasant's stock was trading at $33.68 at the beginning of 2024. Since then, RNST stock has decreased by 14.3% and is now trading at $28.85.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our RNST earnings forecast.

Renasant will be holding an earnings conference call on Wednesday, April 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6704083".

Renasant Co. (NASDAQ:RNST) issued its earnings results on Wednesday, January, 24th. The financial services provider reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.12. The financial services provider earned $230.79 million during the quarter, compared to the consensus estimate of $160.63 million. Renasant had a trailing twelve-month return on equity of 7.98% and a net margin of 15.94%. During the same quarter last year, the company earned $0.89 EPS.

Renasant declared a quarterly dividend on Friday, April 12th. Investors of record on Friday, June 14th will be given a dividend of $0.22 per share on Friday, June 28th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for RNST.

Renasant (NASDAQ:RNST) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.06%. The dividend payout ratio is 34.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNST will have a dividend payout ratio of 31.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RNST.

20 employees have rated Renasant Chief Executive Officer Robin McGraw on Glassdoor.com. Robin McGraw has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Renasant investors own include AxoGen (AXGN), AT&T (T), Wells Fargo & Company (WFC), Walmart (WMT), General Mills (GIS), RH (RH), Taiwan Semiconductor Manufacturing (TSM), Exxon Mobil (XOM), Applied Materials (AMAT) and Activision Blizzard (ATVI).

Renasant's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ignite Planners LLC (0.03%) and Duncan Williams Asset Management LLC (0.02%). Insiders that own company stock include Curtis J Perry, James W Gray, John Foy and Neal A Holland Jr.
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Shares of RNST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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