Renasant CorpRNST
RNST
About: Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: Community banks, Insurance, and Wealth management. With its Community banks segment, the company provides a range of financial services to individuals and small businesses. Its Insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The Wealth management segment provides a range of services, including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment.
Employees: 2,200
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
78% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 50
13% more capital invested
Capital invested by funds: $1.86B [Q3] → $2.1B (+$245M) [Q4]
4.07% more ownership
Funds ownership: 88.42% [Q3] → 92.49% (+4.07%) [Q4]
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
1% less funds holding
Funds holding: 225 [Q3] → 223 (-2) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$40
42%
upside
Avg. target
$44
57%
upside
High target
$47
67%
upside
4 analyst ratings
4 positive
100%
0 neutral
0%
0 negative
0%
Raymond James Michael Rose 14% 1-year accuracy 4 / 28 met price target | 42%upside $40 | Outperform Maintained | 2 Apr 2025 |
Stephens & Co. Matt Olney 26% 1-year accuracy 9 / 35 met price target | 67%upside $47 | Overweight Maintained | 30 Jan 2025 |
Keefe, Bruyette & Woods Catherine Mealor 41% 1-year accuracy 13 / 32 met price target | 63%upside $46 | Outperform Reiterated | 30 Jan 2025 |
Piper Sandler Stephen Scouten 26% 1-year accuracy 7 / 27 met price target | 56%upside $44 | Overweight Maintained | 30 Jan 2025 |
Financial journalist opinion
Based on 4 articles about RNST published over the past 30 days
Negative
Zacks Investment Research
4 days ago
Analysts Estimate Renasant (RNST) to Report a Decline in Earnings: What to Look Out for
Renasant (RNST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Zacks Investment Research
1 week ago
Renasant (RNST) Soars 7.9%: Is Further Upside Left in the Stock?
Renasant (RNST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Neutral
GlobeNewsWire
1 week ago
Renasant Announces 2025 First Quarter Webcast and Conference Call Information
TUPELO, Miss., April 08, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2025 first quarter results following the NYSE's closing on Tuesday, April 22, 2025. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, April 23, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time).
Neutral
GlobeNewsWire
2 weeks ago
Renasant Corporation Completes Merger with The First Bancshares, Inc.
TUPELO, Miss., April 01, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (“Renasant” or “the Company”) announced today that it has completed its merger with The First Bancshares, Inc., the parent company of The First Bank (“The First”), effective April 1, 2025.
Neutral
GlobeNewsWire
1 month ago
Renasant and The First Announce Receipt of Regulatory Approvals for Merger
TUPELO, Miss. and HATTIESBURG, Miss., March 17, 2025 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE: RNST) (“Renasant”) and The First Bancshares, Inc. (NYSE: FBMS) (“The First”) jointly announced today that they have received all necessary regulatory approvals to complete the proposed merger of The First with and into Renasant, and the related merger of The First's wholly owned subsidiary, The First Bank, with and into Renasant Bank, Renasant's wholly owned subsidiary. Renasant and The First previously announced that their respective shareholders approved the proposed merger at special shareholder meetings on October 22, 2024.
Neutral
Business Wire
1 month ago
Renasant and The First Announce Receipt of Regulatory Approvals for Merger
TUPELO, Miss. & HATTIESBURG, Miss.--(BUSINESS WIRE)--Renasant Corporation (NYSE: RNST) (“Renasant”) and The First Bancshares, Inc. (NYSE: FBMS) (“The First”) jointly announced today that they have received all necessary regulatory approvals to complete the proposed merger of The First with and into Renasant, and the related merger of The First's wholly owned subsidiary, The First Bank, with and into Renasant Bank, Renasant's wholly owned subsidiary. Renasant and The First previously announced t.
Neutral
GlobeNewsWire
1 month ago
Renasant Corporation Declares Quarterly Dividend
TUPELO, Miss., Feb. 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE: RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid March 31, 2025, to shareholders of record as of March 17, 2025.
Positive
Zacks Investment Research
2 months ago
What Makes Renasant (RNST) a Strong Momentum Stock: Buy Now?
Does Renasant (RNST) have what it takes to be a top stock pick for momentum investors? Let's find out.
Positive
Zacks Investment Research
2 months ago
Renasant (RNST) Upgraded to Buy: What Does It Mean for the Stock?
Renasant (RNST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Positive
Benzinga
2 months ago
These Analysts Boost Their Forecasts On Renasant Following Better-Than-Expected Q4 Earnings
Renasant Corporation RNST reported better-than-expected earnings for its fourth quarter, after the closing bell on Tuesday.
Charts implemented using Lightweight Charts™