Renasant (NYSE:RNST – Get Free Report) is expected to be releasing its Q1 2026 results after the market closes on Tuesday, April 28th. Analysts expect Renasant to post earnings of $0.84 per share and revenue of $275.9060 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 10:00 AM ET.
Renasant (NYSE:RNST – Get Free Report) last released its earnings results on Tuesday, January 27th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The business had revenue of $278.52 million for the quarter, compared to the consensus estimate of $269.00 million. Renasant had a return on equity of 7.53% and a net margin of 12.55%. On average, analysts expect Renasant to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Renasant Stock Down 1.6%
Shares of NYSE RNST opened at $39.36 on Friday. The stock’s 50 day simple moving average is $37.93. The firm has a market capitalization of $3.71 billion, a P/E ratio of 18.57 and a beta of 0.95. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.13. Renasant has a twelve month low of $31.44 and a twelve month high of $42.11.
Renasant Announces Dividend
Insider Activity
In other news, CFO James C. Iv Mabry sold 12,500 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $37.83, for a total value of $472,875.00. Following the transaction, the chief financial officer owned 105,337 shares of the company’s stock, valued at approximately $3,984,898.71. This represents a 10.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Kelly Hutcheson sold 1,350 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $38.65, for a total value of $52,177.50. Following the completion of the transaction, the chief accounting officer directly owned 16,728 shares in the company, valued at $646,537.20. The trade was a 7.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 19,850 shares of company stock valued at $752,333 over the last three months. Insiders own 2.07% of the company’s stock.
Hedge Funds Weigh In On Renasant
Several institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp grew its position in shares of Renasant by 14.1% in the second quarter. State Street Corp now owns 4,812,696 shares of the company’s stock valued at $172,920,000 after purchasing an additional 595,609 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Renasant by 4.3% in the fourth quarter. Wellington Management Group LLP now owns 3,089,186 shares of the company’s stock valued at $108,801,000 after purchasing an additional 126,405 shares during the last quarter. Invesco Ltd. grew its position in shares of Renasant by 0.6% in the third quarter. Invesco Ltd. now owns 2,229,966 shares of the company’s stock valued at $82,263,000 after purchasing an additional 14,301 shares during the last quarter. Channing Capital Management LLC grew its position in shares of Renasant by 35.0% in the fourth quarter. Channing Capital Management LLC now owns 2,225,536 shares of the company’s stock valued at $78,383,000 after purchasing an additional 576,986 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Renasant by 16.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,170,856 shares of the company’s stock valued at $41,238,000 after purchasing an additional 162,007 shares during the last quarter. Institutional investors and hedge funds own 77.31% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on RNST. Wall Street Zen raised Renasant from a “sell” rating to a “hold” rating in a research report on Sunday, March 8th. TD Cowen reaffirmed a “buy” rating on shares of Renasant in a research report on Thursday, January 29th. Weiss Ratings raised Renasant from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, March 10th. Finally, Hovde Group raised their price objective on Renasant from $41.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $44.00.
Read Our Latest Stock Analysis on RNST
Renasant Company Profile
Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate1-4 family mortgage; real estatecommercial mortgage; real estateconstruction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services.
Featured Articles
Receive News & Ratings for Renasant Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renasant and related companies with MarketBeat.com's FREE daily email newsletter.
