Renasant (RNST) Projected to Post Quarterly Earnings on Tuesday

Renasant (NYSE:RNSTGet Free Report) is projected to post its Q2 2026 results after the market closes on Tuesday, July 28th. Analysts expect the company to post earnings of $0.91 per share and revenue of $280.7110 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

Renasant (NYSE:RNSTGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.09. The company had revenue of $278.49 million for the quarter, compared to the consensus estimate of $275.71 million. Renasant had a return on equity of 8.17% and a net margin of 14.47%.During the same quarter in the previous year, the business earned $0.65 EPS. On average, analysts expect Renasant to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Renasant Trading Up 1.0%

Shares of Renasant stock opened at $43.44 on Friday. The business has a fifty day simple moving average of $42.02 and a 200-day simple moving average of $39.56. Renasant has a fifty-two week low of $33.04 and a fifty-two week high of $44.50. The firm has a market cap of $4.01 billion, a price-to-earnings ratio of 18.02 and a beta of 0.96. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 0.13.

Renasant Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This is an increase from Renasant’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. Renasant’s dividend payout ratio is presently 39.83%.

Analyst Ratings Changes

Several equities research analysts have commented on RNST shares. Hovde Group boosted their price target on shares of Renasant from $44.00 to $46.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Renasant in a research report on Friday, June 5th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Renasant in a research note on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Renasant has an average rating of “Buy” and an average target price of $45.50.

Get Our Latest Analysis on Renasant

Insider Buying and Selling

In other Renasant news, Director Albert J. Dale III sold 1,650 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $39.80, for a total transaction of $65,670.00. Following the completion of the transaction, the director owned 40,075 shares of the company’s stock, valued at $1,594,985. The trade was a 3.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Vice Chairman C Mitchell Waycaster sold 12,704 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $39.50, for a total transaction of $501,808.00. Following the sale, the insider owned 183,235 shares of the company’s stock, valued at $7,237,782.50. This trade represents a 6.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 15,611 shares of company stock valued at $618,889. Corporate insiders own 2.07% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in shares of Renasant by 128.5% during the first quarter. Royal Bank of Canada now owns 52,238 shares of the company’s stock worth $1,772,000 after buying an additional 29,380 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Renasant by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,167 shares of the company’s stock valued at $1,261,000 after purchasing an additional 1,621 shares in the last quarter. Jones Financial Companies Lllp bought a new position in Renasant in the 1st quarter valued at $67,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Renasant by 13.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 189,105 shares of the company’s stock valued at $6,416,000 after purchasing an additional 23,072 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Renasant in the first quarter worth $390,000. 77.31% of the stock is currently owned by institutional investors and hedge funds.

Renasant Company Profile

(Get Free Report)

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 estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction 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.

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Earnings History for Renasant (NYSE:RNST)

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