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Renasant Corporation is a banks-regional business based in the US. Renasant Corporation shares (RNST) are listed on the NASDAQ and all prices are listed in US Dollars. Renasant Corporation employs 2,527 staff and has a trailing 12-month revenue of around USD$558.4 million.
|Latest market close||USD$33.68|
|52-week range||USD$17.7733 - USD$34.6977|
|50-day moving average||USD$32.655|
|200-day moving average||USD$26.8662|
|Wall St. target price||USD$33|
|Dividend yield||USD$0.88 (2.62%)|
|Earnings per share (TTM)||USD$1.593|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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.
|1 week (2021-01-08)||-6.94%|
|1 month (2020-12-15)||-2.24%|
|3 months (2020-10-15)||24.05%|
|6 months (2020-07-15)||42.47%|
|1 year (2020-01-15)||-3.61%|
|2 years (2019-01-15)||1.51%|
|3 years (2018-01-12)||43.71|
|5 years (2016-01-15)||8.96%|
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 21x. In other words, Renasant Corporation shares trade at around 21x 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||USD$558.4 million|
|Operating margin TTM||23.77%|
|Gross profit TTM||USD$589.9 million|
|Return on assets TTM||0.65%|
|Return on equity TTM||4.29%|
|Market capitalisation||USD$1.8 billion|
TTM: trailing 12 months
There are currently 3.9 million Renasant Corporation shares held short by investors – that's known as Renasant Corporation's "short interest". This figure is 0.4% down from 3.9 million last month.
There are a few different ways that this level of interest in shorting Renasant Corporation shares can be evaluated.
Renasant Corporation's "short interest ratio" (SIR) is the quantity of Renasant Corporation shares currently shorted divided by the average quantity of Renasant Corporation shares traded daily (recently around 299326.16099071). Renasant Corporation's SIR currently stands at 12.92. In other words for every 100,000 Renasant Corporation shares traded daily on the market, roughly 12920 shares are currently held short.
However Renasant Corporation's short interest can also be evaluated against the total number of Renasant Corporation shares, or, against the total number of tradable Renasant Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Renasant Corporation's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Renasant Corporation shares in existence, roughly 70 shares are currently held short) or 0.0717% of the tradable shares (for every 100,000 tradable Renasant Corporation shares, roughly 72 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Renasant Corporation.
Find out more about how you can short Renasant Corporation stock.
Dividend payout ratio: 55% of net profits
Recently Renasant Corporation has paid out, on average, around 55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.62% 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 2.62% 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.
Renasant Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Renasant Corporation's most recent dividend payout was on 1 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 December 2020 (the "ex-dividend date").
Renasant Corporation's shares were split on a 3:2 basis on 29 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 $17.7733 up to $34.6977. 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 (NASDAQ average) beta is 1, while Renasant Corporation's is 1.295. This would suggest that Renasant Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Renasant Corporation operates as a bank holding company for Renasant Bank, which provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and 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 range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, self-directed individual retirement accounts, and custodial accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; and administers qualified retirement plans, profit sharing and other employee benefit plans, personal trusts, and estates. As of December 31, 2019, the company had 200 banking, insurance, and wealth management offices located in Mississippi, Tennessee, Alabama, Florida, and Georgia; 160 full-service branches and 12 limited-service branches; and 180 ATM at on-premise locations and 30 ATMs located at off-premise sites. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.
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