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 28 out of 394 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 45.29.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.
Media Coverage
The current financial score of Renasant Corp is 8.19, ranking 142 out of 394 in the Banking Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 265.74M, representing a year-over-year increase of 61.20%, while its net profit experienced a year-over-year increase of 112.51%.
Key Metrics
The current valuation score of Renasant Corp is 6.58, ranking 340 out of 394 in the Banking Services industry. Its current P/E ratio is 16.48, which is 22.66% below the recent high of 20.21 and 54.51% above the recent low of 7.50.
The current earnings forecast score of Renasant Corp is 8.29, ranking 46 out of 394 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 6.53, ranking 315 out of 394 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 40.39 and the support level at 38.34, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Renasant Corp is 10.00, ranking 1 out of 394 in the Banking Services industry. The latest institutional shareholding proportion is 92.25%, representing a quarter-over-quarter increase of 3.70%. The largest institutional shareholder is Barrow Hanley, holding a total of 802.12K shares, representing 0.87% of shares outstanding, with 63.53% 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 66 out of 394 in the Banking Services industry. The company's beta value is 0.98. 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.
