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 2,524 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Renasant Corporation
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- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – RNST – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- RNST shares summary
- Compare share dealing platforms
- Is RNST stock a buy or sell?
- Stock performance over time
- Can I short RNST shares?
- Are RNST shares over-valued?
- Renasant Corporation's financials
- How volatile are RNST shares?
- Does Renasant Corporation pay a dividend?
- Have RNST shares ever split?
- Other common questions
Renasant Corporation stock price (NASDAQ: RNST)Use our graph to track the performance of RNST stocks over time.
Renasant Corporation shares at a glance
|Latest market close||$44.22|
|52-week range||$20.55 - $46.73|
|50-day moving average||$41.22|
|200-day moving average||$40.77|
|Wall St. target price||$43.04|
|Dividend yield||$0.88 (2.3%)|
|Earnings per share (TTM)||$2.46|
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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.
Is it a good time to buy Renasant Corporation stock?
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.
Renasant Corporation price performance over time
|1 week (2021-07-12)||N/A|
|1 month (2021-06-23)||8.30%|
|3 months (2021-04-19)||N/A|
|6 months (2021-01-19)||N/A|
|1 year (2020-07-19)||N/A|
|2 years (2019-07-19)||N/A|
|3 years (2018-07-19)||N/A|
|5 years (2016-07-19)||N/A|
Is Renasant Corporation under- or over-valued?
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 P/E ratio
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 15x. In other words, Renasant Corporation shares trade at around 15x 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 PEG ratio
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.
Renasant Corporation financials
|Revenue TTM||$648.3 million|
|Operating margin TTM||31.28%|
|Gross profit TTM||$575.5 million|
|Return on assets TTM||0.95%|
|Return on equity TTM||6.58%|
|Market capitalisation||$2.1 billion|
TTM: trailing 12 months
Shorting Renasant Corporation shares
There are currently 2.4 million Renasant Corporation shares held short by investors – that's known as Renasant Corporation's "short interest". This figure is 5.4% down from 2.6 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)
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 238524.26035503). Renasant Corporation's SIR currently stands at 10.14. In other words for every 100,000 Renasant Corporation shares traded daily on the market, roughly 10140 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 0.04% of the outstanding shares (for every 100,000 Renasant Corporation shares in existence, roughly 40 shares are currently held short) or 0.0448% of the tradable shares (for every 100,000 tradable Renasant Corporation shares, roughly 45 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.
Renasant Corporation share dividends
Dividend payout ratio: 35.63% of net profits
Recently Renasant Corporation has paid out, on average, around 35.63% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.3% 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 2.3% 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 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 June 2021 (the "ex-dividend date").
Have Renasant Corporation's shares ever split?
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.
Renasant Corporation share price volatility
Over the last 12 months, Renasant Corporation's shares have ranged in value from as little as $20.5473 up to $46.7261. 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 1.2797. 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 overview
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, 2020, the company operated a network of 190 banking, lending, and mortgage offices located in Mississippi, Tennessee, Alabama, Florida, Georgia, North Carolina, and South Carolina; 157 full-service branches and 11 limited-service branches; 181 ATMs; and 32 interactive teller machines.
Stocks similar to Renasant Corporation
Renasant Corporation in the news
Renasant (RNST) Reports Next Week: Wall Street Expects Earnings Growth
RSI Alert: Renasant Now Oversold
Renasant Announces 2021 Second Quarter Webcast and Conference Call Information
Frequently asked questionsWhat percentage of Renasant Corporation is owned by insiders or institutions?
Currently 3.652% of Renasant Corporation shares are held by insiders and 83.735% by institutions. How many people work for Renasant Corporation?
Latest data suggests 2,524 work at Renasant Corporation. When does the fiscal year end for Renasant Corporation?
Renasant Corporation's fiscal year ends in December. Where is Renasant Corporation based?
Renasant Corporation's address is: 209 Troy Street, Tupelo, MS, United States, 38804-4827 What is Renasant Corporation's ISIN number?
Renasant Corporation's international securities identification number is: US75970E1073 What is Renasant Corporation's CUSIP number?
Renasant Corporation's Committee on Uniform Securities Identification Procedures number is: 75970E107
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