Renasant Corp's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 75 out of 397 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 44.17.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Renasant Corp is 6.25, ranking 279 out of 397 in the Banking Services industry. Its financial status is robust, and its operating efficiency is low. Its latest quarterly revenue reached 270.49M, representing a year-over-year increase of 67.91%, while its net profit experienced a year-over-year increase of 76.44%.
Key Metrics
The current valuation score of Renasant Corp is 6.58, ranking 348 out of 397 in the Banking Services industry. Its current P/E ratio is 20.05, which is 0.82% below the recent high of 20.21 and 62.61% above the recent low of 7.50.
The current earnings forecast score of Renasant Corp is 8.29, ranking 52 out of 397 in the Banking Services industry. The average price target is 43.00, with a high of 45.00 and a low of 38.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Renasant Corp is 9.40, ranking 95 out of 397 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 44.23 and the support level at 37.26, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Renasant Corp is 7.00, ranking 57 out of 397 in the Banking Services industry. The latest institutional shareholding proportion is 89.47%, representing a quarter-over-quarter increase of 1.57%. The largest institutional shareholder is The Vanguard, holding a total of 10.68M shares, representing 11.28% of shares outstanding, with 22.29% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Renasant Corp is 8.69, ranking 67 out of 397 in the Banking Services industry. The company's beta value is 0.97. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
