Renasant Stock Price on August 1, 2024

RNST Stock  USD 35.97  0.29  0.81%   
Below is the normalized historical share price chart for Renasant extending back to April 24, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Renasant stands at 35.97, as last reported on the 27th of December, with the highest price reaching 36.01 and the lowest price hitting 35.21 during the day.
IPO Date
24th of April 1992
200 Day MA
32.5074
50 Day MA
35.9334
Beta
1.025
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Renasant Stock, it is important to understand the factors that can impact its price. Renasant appears to be very steady, given 3 months investment horizon. Renasant maintains Sharpe Ratio (i.e., Efficiency) of 0.0846, which implies the firm had a 0.0846% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Renasant, which you can use to evaluate the volatility of the company. Please evaluate Renasant's Coefficient Of Variation of 1245.13, semi deviation of 1.52, and Risk Adjusted Performance of 0.0703 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Renasant's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 18.2 B in 2024, despite the fact that Treasury Stock is likely to grow to (100.9 M). . At this time, Renasant's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 1.39 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.95). Renasant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0846

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Estimated Market Risk

 2.36
  actual daily
21
79% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Renasant is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Renasant by adding it to a well-diversified portfolio.
Price Book
0.8533
Price Sales
3.3336
Shares Float
61.9 M
Dividend Share
0.88
Wall Street Target Price
41.1667

Renasant Main Headline on 1st of August 2024

Filed transaction by Renasant Officer: Evp And Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Renasant Valuation on August 1, 2024

It is possible to determine the worth of Renasant on a given historical date. On August 1, 2024 Renasant was worth 33.86 at the beginning of the trading date compared to the closed value of 32.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Renasant stock. Still, in general, we apply an absolute valuation method to find Renasant's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Renasant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Renasant's related companies.
 Open High Low Close Volume
  34.68    34.97    33.78    33.95    3,678,833  
08/01/2024
  33.86    34.23    32.29    32.71    2,897,414  
  33.08    33.08    31.33    32.94    1,660,302  
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Open Value
33.86
32.71
Closing Value
40.94
Upside

Renasant Trading Date Momentum on August 1, 2024

On August 02 2024 Renasant was traded for  32.94  at the closing time. The top price for the day was 33.08  and the lowest listed price was  31.33 . The trading volume for the day was 1.7 M. The trading history from August 2, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.70% . The trading delta at closing time against the current closing price is 3.27% .

Renasant Fundamentals Correlations and Trends

By evaluating Renasant's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Renasant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Renasant financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Renasant Stock history

Renasant investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Renasant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renasant will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Renasant stock prices may prove useful in developing a viable investing in Renasant
Last ReportedProjected for Next Year
Common Stock Shares Outstanding56.4 M28.6 M
Net Income Applicable To Common Shares191 M200.5 M

Renasant Stock Technical Analysis

Renasant technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Renasant technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Renasant trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Renasant Period Price Range

Low
December 27, 2024
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High

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Renasant cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Renasant December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Renasant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Renasant shares will generate the highest return on investment. By undertsting and applying Renasant stock market strength indicators, traders can identify Renasant entry and exit signals to maximize returns

Renasant Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Renasant's price direction in advance. Along with the technical and fundamental analysis of Renasant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Renasant to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Renasant Stock Analysis

When running Renasant's price analysis, check to measure Renasant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.