Renasant Corporation is a banks - regional business based in the US. Renasant Corporation shares (RNST) are listed on the NYSE and all prices are listed in US Dollars. Renasant Corporation employs 2,300 staff and has a trailing 12-month revenue of around $627.5 million.
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| Latest market close | $33.43 |
|---|---|
| 52-week range | $22.50 - $37.40 |
| 50-day moving average | $32.87 |
| 200-day moving average | $31.15 |
| Wall St. target price | $39.14 |
| PE ratio | 13.41 |
| Dividend yield | $0.88 (2.51%) |
| Earnings per share (TTM) | $2.61 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $33.43 from 2024-09-05
| 1 week (2024-08-30) | -4.49% |
|---|---|
| 1 month (2024-08-07) | 1.77% |
| 3 months (2024-06-07) | 14.25% |
| 6 months (2024-03-07) | 5.69% |
| 1 year (2023-09-07) | 26.34% |
|---|---|
| 2 years (2022-09-07) | 2.80% |
| 3 years (2021-09-07) | 34.31 |
| 5 years (2019-09-06) | 7.05% |
Valuing Renasant Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Renasant Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Renasant Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Renasant Corporation shares trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Renasant Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Renasant Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
| Revenue TTM | $627.5 million |
|---|---|
| Operating margin TTM | 31.03% |
| Gross profit TTM | $606.8 million |
| Return on assets TTM | 0.85% |
| Return on equity TTM | 6.5% |
| Profit margin | 23.62% |
| Book value | $41.77 |
| Market Capitalization | $2.2 billion |
TTM: trailing 12 months
Dividend payout ratio: 30.88% of net profits
Recently Renasant Corporation has paid out, on average, around 30.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Renasant Corporation shareholders could enjoy a 2.51% return on their shares, in the form of dividend payments. In Renasant Corporation's case, that would currently equate to about $0.88 per share.
While Renasant Corporation's payout ratio might seem fairly standard, it's worth remembering that Renasant Corporation may be investing much of the rest of its net profits in future growth.
Renasant Corporation's most recent dividend payout was on 29 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 15 September 2024 (the "ex-dividend date").
Renasant Corporation's shares were split on a 3:2 basis on 28 August 2006. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Renasant Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Renasant Corporation shares which in turn could have impacted Renasant Corporation's share price.
Over the last 12 months, Renasant Corporation's shares have ranged in value from as little as $22.5015 up to $37.4. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Renasant Corporation's is 1.037. This would suggest that Renasant Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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. The company operates through Community Banks, Insurance, and Wealth Management segments. 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.
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