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RNST

RNST - Renasant Corp Stock Price, Fair Value and News

28.28USD-0.76 (-2.62%)Market Closed

Market Summary

RNST
USD28.28-0.76
Market Closed
-2.62%

RNST Stock Price

View Fullscreen

RNST RSI Chart

RNST Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

11.54

Price/Sales (Trailing)

1.93

EV/EBITDA

1.66

Price/Free Cashflow

7.8

RNST Price/Sales (Trailing)

RNST Profitability

EBT Margin

20.46%

Return on Equity

5.94%

Return on Assets

0.8%

Free Cashflow Yield

12.82%

RNST Fundamentals

RNST Revenue

Revenue (TTM)

826.5M

Rev. Growth (Yr)

15.83%

Rev. Growth (Qtr)

1.31%

RNST Earnings

Earnings (TTM)

138.0M

Earnings Growth (Yr)

-14.47%

Earnings Growth (Qtr)

40.13%

Breaking Down RNST Revenue

Last 7 days

-3.3%

Last 30 days

-9.4%

Last 90 days

-3.0%

Trailing 12 Months

-5.3%

How does RNST drawdown profile look like?

RNST Financial Health

Debt/Equity

0.18

Debt/Cashflow

0.52

RNST Investor Care

Dividend Yield

3.11%

Dividend/Share (TTM)

0.88

Shares Dilution (1Y)

0.44%

Diluted EPS (TTM)

2.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024826.5M000
2023615.7M689.4M752.0M797.3M
2022457.1M459.5M488.7M541.8M
2021489.7M486.8M478.7M468.7M
2020535.7M521.8M509.4M498.1M
2019498.6M529.9M546.5M542.6M
2018393.2M412.2M429.3M461.9M
2017334.8M338.3M356.0M374.8M
2016285.1M312.4M321.1M329.1M
2015224.4M222.9M240.8M263.0M
2014197.8M216.2M227.9M226.4M
2013157.8M157.7M163.2M180.6M
2012167.3M163.5M160.7M159.3M
2011169.5M174.9M173.5M170.7M
20100168.8M167.1M165.3M
2009000170.6M
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Tracking the Latest Insider Buys and Sells of Renasant Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
mcgraw edward robinson
sold (taxes)
-133,356
29.06
-4,589
cob & exec chair
May 01, 2024
mcgraw edward robinson
back to issuer
-
-
-21,082
cob & exec chair
Apr 23, 2024
suggs sean m.
acquired
-
-
2,356
-
Apr 23, 2024
clark donald jr
acquired
-
-
2,356
-
Apr 23, 2024
heyer richard
acquired
-
-
2,356
-
Apr 23, 2024
mcgraw edward robinson
acquired
-
-
2,356
cob & exec chair
Apr 23, 2024
engel connie l
acquired
-
-
2,356
-
Apr 23, 2024
deer jill v
acquired
-
-
2,356
-
Apr 23, 2024
holland neal a jr
acquired
-
-
2,356
-
Apr 23, 2024
butler gary d.
acquired
-
-
2,356
-

1–10 of 50

Which funds bought or sold RNST recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
unchanged
-
-1,127
7,091
-%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
added
12.99
3,255,000
67,372,000
0.53%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-42,000
547,000
-%
May 16, 2024
JANE STREET GROUP, LLC
added
86.43
1,344,530
3,177,230
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.13
-234,480
1,755,700
-%
May 16, 2024
COMERICA BANK
reduced
-9.93
-143,230
738,714
-%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
3.87
-59,000
1,680,000
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
reduced
-21.75
-252,869
675,823
-%
May 15, 2024
PARADIGM CAPITAL MANAGEMENT INC/NY
reduced
-23.81
-206,160
501,120
0.02%
May 15, 2024
Point72 Asia (Singapore) Pte. Ltd.
new
-
175,079
175,079
0.05%

1–10 of 48

Are Funds Buying or Selling RNST?

Are funds buying RNST calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RNST
No. of Funds

Unveiling Renasant Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.43%
6,416,896
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.0%
3,913,034
SC 13G/A
Feb 07, 2024
victory capital management inc
5.85%
3,282,940
SC 13G
Jan 23, 2024
blackrock inc.
14.6%
8,203,505
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.3%
4,070,002
SC 13G/A
Feb 09, 2023
vanguard group inc
11.48%
6,422,592
SC 13G/A
Feb 06, 2023
victory capital management inc
2.64%
1,476,992
SC 13G/A
Jan 23, 2023
blackrock inc.
14.7%
8,244,471
SC 13G/A
Feb 10, 2022
vanguard group inc
10.77%
6,003,946
SC 13G
Feb 08, 2022
dimensional fund advisors lp
6.6%
3,699,077
SC 13G/A

Recent SEC filings of Renasant Corp

View All Filings
Date Filed Form Type Document
May 08, 2024
10-Q
Quarterly Report
May 02, 2024
4
Insider Trading
Apr 29, 2024
8-K
Current Report
Apr 25, 2024
8-K
Current Report
Apr 24, 2024
4
Insider Trading
Apr 24, 2024
4
Insider Trading
Apr 24, 2024
4
Insider Trading
Apr 24, 2024
4
Insider Trading
Apr 24, 2024
4
Insider Trading
Apr 24, 2024
4
Insider Trading

Peers (Alternatives to Renasant Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
563.6B
180.9B
-4.12% 35.43%
11.19
3.12
60.42% 19.83%
306.9B
137.9B
0.85% 33.61%
12.26
2.23
56.12% -12.56%
200.2B
88.5B
-7.89% 35.55%
10.67
2.26
42.28% 26.14%
113.4B
140.1B
-7.63% 22.20%
14.18
0.81
54.53% -
15.5B
10.4B
-7.55% 23.00%
10.83
1.49
26.22% -33.87%
12.6B
8.1B
-14.26% 32.44%
14.4
1.55
32.15% -50.93%
MID-CAP
6.2B
4.2B
-15.15% 9.19%
8.93
1.46
34.68% -45.96%
6.0B
4.1B
-9.65% 40.61%
9.57
1.47
32.93% -30.73%
3.2B
1.3B
-6.81% 31.96%
11.42
2.46
30.60% -12.99%
3.0B
2.0B
-10.99% 15.87%
18.77
1.48
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
404.4M
173.1M
-1.50% 10.85%
13.86
2.34
26.54% -34.86%
362.3M
176.1M
-7.15% 0.05%
36.44
2.06
35.14% -73.84%
265.3M
98.7M
-8.08% -6.70%
9.01
2.69
6.27% -22.90%
42.9M
62.5M
-8.76% -9.42%
-14.5
0.69
18.83% -145.18%

Renasant Corp News

Latest updates
Defense World11 Jun 202408:52 am
Defense World07 Jun 202403:53 pm
Yahoo Lifestyle Australia31 May 202406:38 pm
Yahoo Singapore News31 May 202409:33 am
Seeking Alpha24 Apr 202407:00 am
Zacks Investment Research3 years ago

Renasant Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.3%213210206197184165143123110112114121122122122124130133134138137
EBITDA Margin-6.4%0.86*0.92*1.03*1.14*1.27*1.36*1.42*1.43*1.43*1.48*1.44*1.39*---------
Interest Expenses-2.1%123126127130136138130114100101103110110108106106107109109113113
Income Taxes161.7%10.004.0011.007.0011.0013.0014.0011.008.0011.0011.008.0017.007.008.005.001.009.0011.0014.0014.00
Earnings Before Taxes54.6%49.0032.0053.0035.0057.0059.0060.0051.0041.0048.0051.0048.0075.0038.0038.0025.003.0048.0049.0061.0059.00
EBT Margin-7.9%0.20*0.22*0.27*0.31*0.37*0.39*0.41*0.42*0.41*0.48*0.44*0.41*---------
Net Income40.1%39.0028.0042.0029.0046.0046.0047.0040.0034.0037.0040.0041.0058.0032.0030.0020.002.0038.0037.0047.0045.00
Net Income Margin-8.0%0.17*0.18*0.22*0.24*0.29*0.31*0.32*0.33*0.33*0.38*0.36*0.33*---------
Free Cashflow-35.1%62.0095.0076.00-28.27-15.6210610914020449.0037.0096.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.1%17,34617,36117,18217,22417,47416,98816,47116,61816,86416,81016,15616,02215,62314,93014,80914,89713,90113,40113,04012,89312,862
    Cash Equivalents5.4%8448017419478485764801,0101,6071,8781,4761,6051,262633414617638415410444562
  Net PPE-0.4%282283284286287284284284285293294293301300300302307310307291267
  Goodwill0%992992992992992992946946946940940940940940940940940940940933933
Liabilities-0.3%15,02315,06314,94815,01615,28714,85214,37914,50114,72614,60013,95213,81913,44912,79712,70512,81411,83011,27510,92010,77310,774
  Short Term Borrowings-64.8%10830810825773271231311311114.0011.0015.0012.0021.0043.0034280348920613988.00
  Long Term Debt-0.3%428429427430431428427432435471469469468475475377377377228263263
Shareholder's Equity1.1%2,3222,2972,2332,2092,1872,1362,0922,1172,1382,2102,2042,2042,1742,1332,1042,0832,0712,1262,1202,1202,089
  Retained Earnings2.8%979952937907891858824790763742717689661616597579572617592567533
  Additional Paid-In Capital-0.4%1,3041,3081,3051,3021,2991,3021,2991,2981,2971,3001,2981,2961,2951,2971,2951,2931,2911,2941,2921,2891,288
Shares Outstanding0.3%56.0056.0056.0056.0056.0056.0056.0056.0056.0056.0056.0056.00---------
Float----1,430---1,566---2,197---1,342---2,019-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-35.2%65.0010080.00-24.16-7.3811111314420652.0041.00106-56.7938.00-10.87178-123134-14.93-95.29140
  Share Based Compensation15.6%4.003.003.003.003.003.002.003.003.002.003.002.003.002.002.003.003.002.003.002.003.00
Cashflow From Investing120.7%30.00-144-184427-153-456-500-502-584-287-271-12929.0090.00-66.23-1,158-130-453-10730.0025.00
Cashflow From Financing-149.8%-51.98104-100-303432442-144-23810963710236765691.00-12596047632588.00-53.22-172
  Dividend Payments0.6%13.0013.0013.0013.0013.0013.0012.0012.0013.0012.0012.0013.0013.0013.0013.0013.0013.0013.0013.0013.0012.00
  Buy Backs----------0.0021.00-----25.0021.0029.0013.00-
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RNST Income Statement

2024-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income  
Loans$ 194,698$ 163,524
Securities  
Taxable9,50513,253
Tax-exempt1,1951,838
Other7,7815,430
Total interest income213,179184,045
Interest expense  
Deposits82,61332,866
Borrowings7,27615,404
Total interest expense89,88948,270
Net interest income123,290135,775
Provision for credit losses on loans2,6387,960
Recovery of credit losses on unfunded commitments(200)(1,500)
Provision for credit losses2,4386,460
Net interest income after provision for credit losses120,852129,315
Noninterest income  
Service charges on deposit accounts10,5069,120
Fees and commissions3,9494,676
Insurance commissions2,7162,446
Wealth management revenue5,6695,140
Mortgage banking income11,3708,517
Gain on debt extinguishment560
BOLI income2,6913,003
Other4,4244,391
Total noninterest income41,38137,293
Noninterest expense  
Salaries and employee benefits71,47069,832
Data processing3,8073,633
Net occupancy and equipment11,38911,405
Other real estate owned10730
Professional fees3,3483,467
Advertising and public relations4,8864,686
Intangible amortization1,2121,426
Communications2,0241,980
Other14,66912,749
Total noninterest expense112,912109,208
Income (loss) before income taxes49,32157,400
Income taxes9,91211,322
Net income (loss)$ 39,409$ 46,078
Basic earnings per share (in usd per share)$ 0.70$ 0.82
Diluted earnings per share (in usd per share)0.700.82
Cash dividends per common share (in usd per share)$ 0.22$ 0.22

RNST Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and due from banks$ 174,349$ 206,680
Interest-bearing balances with banks670,051594,671
Cash and cash equivalents844,400801,351
Securities held to maturity (net of allowance for credit losses of $32 at each of March 31, 2024 and December 31, 2023) (fair value of $1,085,085 and $1,121,830, respectively)1,199,1111,221,464
Securities available for sale, at fair value764,486923,279
Loans held for sale, at fair value191,440179,756
Loans, net of unearned income:  
Loans held for investment, net of unearned income12,500,52512,351,230
Allowance for credit losses on loans(201,052)(198,578)
Loans, net12,299,47312,152,652
Premises and equipment, net282,193283,195
Other real estate owned, net9,1429,622
Goodwill991,665991,665
Other intangible assets, net17,58318,795
Bank-owned life insurance385,186382,584
Mortgage servicing rights71,59691,688
Other assets289,466304,484
Total assets17,345,74117,360,535
Deposits  
Noninterest-bearing3,516,1643,583,675
Interest-bearing10,720,99910,493,110
Total deposits14,237,16314,076,785
Short-term borrowings108,121307,577
Long-term debt428,047429,400
Other liabilities250,060249,390
Total liabilities15,023,39115,063,152
Shareholders’ equity  
Preferred stock, $0.01 par value – 5,000,000 shares authorized; no shares issued and outstanding00
Common stock, $5.00 par value – 150,000,000 shares authorized; 59,296,725 shares issued; 56,304,860 and 56,142,207 shares outstanding, respectively296,483296,483
Treasury stock, at cost – 2,991,865 and 3,154,518 shares, respectively(99,683)(105,249)
Additional paid-in capital1,303,6131,308,281
Retained earnings978,880952,124
Accumulated other comprehensive loss, net of taxes(156,943)(154,256)
Total shareholders’ equity2,322,3502,297,383
Total liabilities and shareholders’ equity$ 17,345,741$ 17,360,535
RNST
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 factoring 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. The Insurance segment provides insurance agency services, such as commercial and personal insurance products through insurance carriers. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; administrative and compliance services; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.
 CEO
 WEBSITEhttps://investors.renasant.com
 INDUSTRYBanks Diversified
 EMPLOYEES2334

Renasant Corp Frequently Asked Questions


What is the ticker symbol for Renasant Corp? What does RNST stand for in stocks?

RNST is the stock ticker symbol of Renasant Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Renasant Corp (RNST)?

As of Fri Jun 14 2024, market cap of Renasant Corp is 1.59 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RNST stock?

You can check RNST's fair value in chart for subscribers.

What is the fair value of RNST stock?

You can check RNST's fair value in chart for subscribers. The fair value of Renasant Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Renasant Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RNST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Renasant Corp a good stock to buy?

The fair value guage provides a quick view whether RNST is over valued or under valued. Whether Renasant Corp is cheap or expensive depends on the assumptions which impact Renasant Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RNST.

What is Renasant Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, RNST's PE ratio (Price to Earnings) is 11.54 and Price to Sales (PS) ratio is 1.93. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RNST PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Renasant Corp's stock?

In the past 10 years, Renasant Corp has provided 0.016 (multiply by 100 for percentage) rate of return.