Renasant Corp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 117/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 42.43.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Renasant Corp's Score
Industry at a Glance
Industry Ranking
117 / 403
Overall Ranking
178 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Buy
Current Rating
42.429
Target Price
+17.11%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Renasant Corp Highlights
StrengthsRisks
Renasant Corporation is a bank holding company for Renasant Bank (the Bank). The Bank owns and operates approximately 280 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis. Its Community Banks segment delivers a complete range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, asset-based lending, factoring, equipment leasing and treasury management services, as well as safe deposit, among others. Its Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration (as trustee or in other fiduciary or representative capacities) of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 632.99M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 27.49%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 27.49%.
Overvalued
The company’s latest PB is 0.90, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 83.70M shares, increasing 11.67% quarter-over-quarter.
Renasant Corporation is a bank holding company for Renasant Bank (the Bank). The Bank owns and operates approximately 280 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis. Its Community Banks segment delivers a complete range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, asset-based lending, factoring, equipment leasing and treasury management services, as well as safe deposit, among others. Its Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration (as trustee or in other fiduciary or representative capacities) of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts.
Ticker SymbolRNST
CompanyRenasant Corp
CEOChapman (Kevin D)
Websitehttps://www.renasantbank.com/
FAQs
What is the current price of Renasant Corp (RNST)?
The current price of Renasant Corp (RNST) is 36.140.
What is the symbol of Renasant Corp?
The ticker symbol of Renasant Corp is RNST.
What is the 52-week high of Renasant Corp?
The 52-week high of Renasant Corp is 40.400.
What is the 52-week low of Renasant Corp?
The 52-week low of Renasant Corp is 26.970.
What is the market capitalization of Renasant Corp?
The market capitalization of Renasant Corp is 3.43B.
What is the net income of Renasant Corp?
The net income of Renasant Corp is 195.46M.
Is Renasant Corp (RNST) currently rated as Buy, Hold, or Sell?
According to analysts, Renasant Corp (RNST) has an overall rating of Buy, with a price target of 42.429.
What is the Earnings Per Share (EPS TTM) of Renasant Corp (RNST)?
The Earnings Per Share (EPS TTM) of Renasant Corp (RNST) is 1.904.