Renasant Corp (RNST)

• Market cap: $2.12B
• 1 day: -0.15%
• 5 days: -5.29%
• 1 month: -14.71%
• 3 months: -10.09%
• 6 months: 4.71%
• Year to date: -5.74%
• 1 year: 6.90%
• 5 years: 42.80%
• 10 years: 16.62%
• Sector: Financials
• Industry: State Commercial Banks

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

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

78% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 50

14% more capital invested

Capital invested by funds: $1.85B [Q3] → $2.1B (+$252M) [Q4]

4.42% more ownership

Funds ownership: 88.06% [Q3] → 92.49% (+4.42%) [Q4]

3% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 34

1% less funds holding

Funds holding: 225 [Q3] → 222 (-3) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $44 32% upside
• Avg. target: $45 36% upside
• High target: $47 41% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Stephens & Co. Matt Olney 53% 1-year accuracy 19 / 36 met price target	41% upside $47	Overweight Maintained	30 Jan 2025
Keefe, Bruyette & Woods Catherine Mealor 53% 1-year accuracy 18 / 34 met price target	38% upside $46	Outperform Reiterated	30 Jan 2025
Raymond James Michael Rose 43% 1-year accuracy 9 / 21 met price target	32% upside $44	Outperform Reiterated	30 Jan 2025
Piper Sandler Stephen Scouten 69% 1-year accuracy 18 / 26 met price target	32% upside $44	Overweight Maintained	30 Jan 2025