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NYSE: RNST
Renasant Corp Stock

$29.91-0.75 (-2.45%)
Updated Apr 25, 2024
RNST Price
$29.91
Fair Value Price
N/A
Market Cap
$1.68B
52 Week Low
$22.99
52 Week High
$34.85
P/E
11.59x
P/B
0.73x
P/S
3.07x
PEG
N/A
Dividend Yield
2.94%
Revenue
$616.81M
Earnings
$144.68M
Gross Margin
100%
Operating Margin
28.73%
Profit Margin
23.5%
Debt to Equity
6.56
Operating Cash Flow
$149M
Beta
1
Next Earnings
N/A
Ex-Dividend
Jun 14, 2024
Next Dividend
Jun 28, 2024

RNST Overview

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. 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 a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. As of December 31, 2021, the company operated a network of 189 banking, lending, and mortgage offices located in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee; 150 full-service branches and 11 limited-service branches; 173 ATMs; and 38 interactive teller machines. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.

Zen Score

–
Industry Average (33)
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Due Diligence Checks

RNST was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RNST is good value based on its earnings relative to its share price (11.59x), compared to the US market average (40.97x)
P/E vs Market Valuation
RNST is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more RNST due diligence checks available for Premium users.

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RNST News

Valuation

RNST price to earnings (PE)

For valuing profitable companies with steady earnings
Company
11.59x
Industry
-10.31x
Market
40.97x
RNST is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
RNST is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

RNST price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.73x
Industry
0.99x
RNST is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RNST's financial health

Profit margin

Revenue
$147.0M
Net Income
$28.1M
Profit Margin
19.1%
RNST's Earnings (EBIT) of $177.19M... subscribe to Premium to read more.
Interest Coverage Financials
RNST's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$17.4B
Liabilities
$15.1B
Debt to equity
6.56
RNST's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
RNST's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$100.4M
Investing
-$144.6M
Financing
$104.3M
RNST's operating cash flow ($148.55M)... subscribe to Premium to read more.
Debt Coverage Financials

RNST vs Bank Stocks

TickerMarket Cap1d %P/EP/B
RNST$1.68B-2.45%11.59x0.73x
NBTB$1.69B-0.45%13.39x1.18x
MBIN$1.70B-3.88%6.95x1.00x
WSBC$1.65B-1.84%11.06x0.65x
TFIN$1.65B-0.21%52.67x1.89x

Renasant Stock FAQ

What is Renasant's quote symbol?

(NYSE: RNST) Renasant trades on the NYSE under the ticker symbol RNST. Renasant stock quotes can also be displayed as NYSE: RNST.

If you're new to stock investing, here's how to buy Renasant stock.

What is the 52 week high and low for Renasant (NYSE: RNST)?

(NYSE: RNST) Renasant's 52-week high was $34.85, and its 52-week low was $22.99. It is currently -14.18% from its 52-week high and 30.1% from its 52-week low.

How much is Renasant stock worth today?

(NYSE: RNST) Renasant currently has 56,216,702 outstanding shares. With Renasant stock trading at $29.91 per share, the total value of Renasant stock (market capitalization) is $1.68B.

Renasant stock was originally listed at a price of $15.85 in Dec 31, 1997. If you had invested in Renasant stock at $15.85, your return over the last 26 years would have been 88.68%, for an annualized return of 2.47% (not including any dividends or dividend reinvestments).

How much is Renasant's stock price per share?

(NYSE: RNST) Renasant stock price per share is $29.91 today (as of Apr 25, 2024).

What is Renasant's Market Cap?

(NYSE: RNST) Renasant's market cap is $1.68B, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Renasant's market cap is calculated by multiplying RNST's current stock price of $29.91 by RNST's total outstanding shares of 56,216,702.
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