How to Buy Renasant Stock
Renasant Corp
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.
Renasant stock last closed at $30.09, down 0.03% from the previous day, and has increased 16.4% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.11 percentage points. Renasant stock is currently +30.88% from its 52-week low of $22.99, and -13.66% from its 52-week high of $34.85.
There are currently 56.22M RNST shares outstanding. The market value of RNST is $1.69B. In the last 24 hours, 176,597 RNST shares were traded.
How to Buy Renasant Stock
Not sure how to invest in Renasant stock? Here's how.
- Choose where to buy Renasant stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Renasant stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your information.
- Research Renasant stock: The Renasant ticker symbol is RNST. Is Renasant stock a good investment? Should you buy shares of RNST? How do RNST's underlying business fundamentals look? Do top analysts think Renasant is a good buy? Why has RNST's stock price moved recently? (Hint: Our stock analysis website can help you figure out if RNST is a good stock to buy).
- Make your RNST purchase: Decide if you will purchase RNST shares at the current market price or use a limit order to buy RNST shares at a given price.
- Get the latest scoop on your investment in RNST: Create a watchlist to the latest updates on your investment in Renasant stock.
Step 1: Choose where to buy Renasant stock
You need a brokerage account to access the NYSE market and buy RNST stock.
Our favorite brokerage: eToro
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- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you can invest in RNST stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to start your new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on our top ranked stock market app, you need to deposit funds:
Watch this video walkthrough to see the process of depositing funds into your investment account.
Step 4: Research Renasant stock
Once you have figured out the best place to buy Renasant stock, it's very important to evaluate their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Renasant shares at a glance
RNST Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on RNST's stock page.
What is the fair value of RNST stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge RNST's intrinsic value.
Using relative valuations measures:
- RNST could be undervalued based on its P/E ratio of 11.66x, relative to Banks - Regional industry P/E ratio of -10.04x
- RNST could be undervalued based on its P/B ratio of 0.74x, relative to Banks - Regional industry P/B ratio of 1x
You can access more valuation analysis on RNST's stock here.
Is RNST a healthy company?
Positive Financial Indicators:
- RNST earnings of $177.19M is not enough to cover its interest payments.
- RNST's operating cash flow of $148.55M allows it to safely service it's debt of $736.98M.
Negative Financial Indicators:
- RNST profit margin has gone down from 27.4% to 23.5% in the past year.
- Total RNST debt is higher than 5 years ago, relative to shareholder equity.
- RNST has a relatively high debt to equity ratio of 6.56.
Is RNST stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who give forecasts on RNST, the consensus analyst rating on RNST is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Renasant stock forecast page.
Metrics for Advanced RNST Traders
How is RNST performing as a company?
Last year, RNST earnings were $144.68M. Over the last five year, RNST's earnings have grown by -1.62% per year. This was slower than the Banks - Regional industry average of 16.01%.
Last year, RNST revenue was $616.81M. In the last 5 year, RNST's revenue has gone up by 2.94% per year. This was slower than the Banks - Regional industry average of 7.55%.
You can research RNST's earnings and revenue performance here.
Are RNST executives and large shareholders buying or selling the stock?
In the past year, insiders at RNST have sold more shares than they have bought.
Edward Robinson McGraw, COB Exec Chair of RNST, was the latest RNST insider to sell. They sold $133,356.34 worth of RNST stock on May 1, 2024.
Research more about who owns RNST shares here.
Can I rely on RNST as an income stream?
Renasant pays a dividend of 2.92%, compared to the Banks - Regional industry's average dividend yield of 3.7%. If you owned $1,000 of RNST stock, you would have received $29.25 last year.
Renasant dividend payments have consistently grown over the past decade and have remained stable.
Get more analysis about Renasant dividend yield and history here.
RNST Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your RNST purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Click the Open button and eToro will place your order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your investment in RNST
Now that you own some RNST stock, you'll want to keep up with your new company.
Put RNST on a watchlist to track the most important metrics related to your RNST stock.
RNST Feed
How to Buy Stock in Renasant
To summarize, here are the 6 steps to buy Renasant stock:
- Choose where to buy Renasant stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Renasant stock
- Make your RNST purchase
- Get the latest scoop on your investment in RNST
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Renasant, add RNST to your watchlist by clicking the button below.
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