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RNST logo

Renasant NYSE:RNST Stock Report

Last Price

US$34.47

Market Cap

US$2.1b

7D

-0.5%

1Y

18.2%

Updated

14 Mar, 2025

Data

Company Financials +

Renasant Corporation

NYSE:RNST Stock Report

Market Cap: US$2.1b

RNST Stock Overview

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. More details

RNST fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 31.3% below our estimate of its fair value

Earnings are forecast to grow 27.21% per year

Earnings grew by 35.1% over the past year

Pays a reliable dividend of 2.55%

Analysts in good agreement that stock price will rise by 27.2%

Risk Analysis

No risks detected for RNST from our risk checks.

Community vs My Fair Value

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RNST logo
Renasant
WA
Analyst Price Target
Consensus Narrative from 6 Analysts

Merger With First Will Increase Share Dilution And Raise Valuation Risks

Key Takeaways The merger with First is expected to strengthen Renasant's financial position and drive increased revenue and improved net margins. Strong core deposit growth and operational efficiencies are anticipated to enhance net interest margin and support earnings growth.
View narrative
US$41.17
FV
16.3% undervalued intrinsic discount
23.07%
Revenue growth p.a.
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28users have followed this narrative
about 1 month ago author updated this narrative
View Renasant Community

Renasant Corporation Competitors

Provident Financial Services

NYSE:PFS

US$2.2b

NBT Bancorp

NasdaqGS:NBTB

US$2.0b

WaFd

NasdaqGS:WAFD

US$2.3b

Banner

NasdaqGS:BANR

US$2.1b

Price History & Performance

Summary of share price highs, lows and changes for Renasant
Historical stock prices
Current Share PriceUS$34.47
52 Week HighUS$39.63
52 Week LowUS$27.98
Beta1.04
1 Month Change-9.46%
3 Month Change-5.51%
1 Year Change18.21%
3 Year Change-3.61%
5 Year Change64.22%
Change since IPO611.70%

Recent News & Updates

Renasant's (NYSE:RNST) Dividend Will Be $0.22

Mar 12
Renasant's (NYSE:RNST) Dividend Will Be $0.22

Renasant's (NYSE:RNST) Dividend Will Be $0.22

Feb 26
Renasant's (NYSE:RNST) Dividend Will Be $0.22

Recent updates

Renasant's (NYSE:RNST) Dividend Will Be $0.22

Mar 12
Renasant's (NYSE:RNST) Dividend Will Be $0.22

Renasant's (NYSE:RNST) Dividend Will Be $0.22

Feb 26
Renasant's (NYSE:RNST) Dividend Will Be $0.22

Renasant's (NYSE:RNST) Dividend Will Be $0.22

Dec 02
Renasant's (NYSE:RNST) Dividend Will Be $0.22

Renasant (NYSE:RNST) Is Paying Out A Dividend Of $0.22

Nov 18
Renasant (NYSE:RNST) Is Paying Out A Dividend Of $0.22

Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22

Aug 19
Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22

Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22

Apr 24
Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22

Renasant (NYSE:RNST) Is Due To Pay A Dividend Of $0.22

Dec 13
Renasant (NYSE:RNST) Is Due To Pay A Dividend Of $0.22

Renasant (NYSE:RNST) Has Affirmed Its Dividend Of $0.22

Nov 22
Renasant (NYSE:RNST) Has Affirmed Its Dividend Of $0.22

Renasant (NASDAQ:RNST) Is Due To Pay A Dividend Of $0.22

Aug 30
Renasant (NASDAQ:RNST) Is Due To Pay A Dividend Of $0.22

Renasant (NASDAQ:RNST) Is Paying Out A Dividend Of $0.22

Aug 15
Renasant (NASDAQ:RNST) Is Paying Out A Dividend Of $0.22

Does Renasant (NASDAQ:RNST) Deserve A Spot On Your Watchlist?

Aug 09
Does Renasant (NASDAQ:RNST) Deserve A Spot On Your Watchlist?

Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22

May 14
Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22

Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22

Apr 30
Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22

Shareholder Returns

RNSTUS BanksUS Market
7D-0.5%-5.8%-4.1%
1Y18.2%14.9%6.6%

Return vs Industry: RNST exceeded the US Banks industry which returned 14.9% over the past year.

Return vs Market: RNST exceeded the US Market which returned 6.6% over the past year.

Price Volatility

Is RNST's price volatile compared to industry and market?
RNST volatility
RNST Average Weekly Movement3.9%
Banks Industry Average Movement4.0%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.4%

Stable Share Price: RNST has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RNST's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19042,200Mitch Waycasterinvestors.renasant.com

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.

Renasant Corporation Fundamentals Summary

How do Renasant's earnings and revenue compare to its market cap?
RNST fundamental statistics
Market capUS$2.12b
Earnings (TTM)US$195.46m
Revenue (TTM)US$706.58m

11.2x

P/E Ratio

0.8x

P/B Ratio

Is RNST overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RNST income statement (TTM)
RevenueUS$706.58m
Cost of RevenueUS$0
Gross ProfitUS$706.58m
Other ExpensesUS$511.13m
EarningsUS$195.46m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.07
Gross Margin100.00%
Net Profit Margin27.66%
Debt/Equity Ratio21.3%

How did RNST perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

27%

Payout Ratio

Does RNST pay a reliable dividends?

See RNST dividend history and benchmarks
When do you need to buy RNST by to receive an upcoming dividend?
Renasant dividend dates
Ex Dividend DateMar 17 2025
Dividend Pay DateMar 31 2025
Days until Ex dividend2 days
Days until Dividend pay date16 days

Does RNST pay a reliable dividends?

See RNST dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/14 22:04
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Renasant Corporation is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew StappB. Riley Securities, Inc.
Barry SineDrexel Hamilton
John RodisFIG Partners