Renasant Stock Today

RNST Stock  USD 37.88  0.29  0.76%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
Renasant is selling for under 37.88 as of the 29th of November 2024; that is 0.76% down since the beginning of the trading day. The stock's last reported lowest price was 37.88. Renasant has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Renasant are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
24th of April 1992
Category
Financial Services
Classification
Financials
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 Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi. The company has 63.57 M outstanding shares of which 1.17 M shares are at this time shorted by private and institutional investors with about 7.16 trading days to cover. More on Renasant

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Renasant Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanEdward McGraw
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Small-Cap 600, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Debt Levels
Renasant can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Renasant's financial leverage. It provides some insight into what part of Renasant's total assets is financed by creditors.
Liquidity
Renasant currently holds 729.4 M in liabilities with Debt to Equity (D/E) ratio of 6.65, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Renasant's use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

96.67 Million
Renasant (RNST) is traded on New York Stock Exchange in USA. It is located in 209 Troy Street, Tupelo, MS, United States, 38804-4827 and employs 2,300 people. Renasant is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.41 B. Renasant conducts business under Banks sector and is part of Financials industry. The entity has 63.57 M outstanding shares of which 1.17 M shares are at this time shorted by private and institutional investors with about 7.16 trading days to cover. Renasant currently holds about 1.04 B in cash with 148.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 18.62.
Check Renasant Probability Of Bankruptcy
Ownership Allocation
Renasant owns a total of 63.57 Million outstanding shares. The majority of Renasant outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Renasant to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Renasant. Please pay attention to any change in the institutional holdings of Renasant as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Renasant Ownership Details

Renasant Stock Institutional Holders

InstituionRecorded OnShares
Deprince Race & Zollo Inc2024-09-30
783.4 K
Charles Schwab Investment Management Inc2024-09-30
734.7 K
Northern Trust Corp2024-09-30
708.4 K
Manufacturers Life Insurance Co2024-09-30
652.3 K
North Reef Capital Management Lp2024-09-30
635 K
Nuveen Asset Management, Llc2024-06-30
591.1 K
Bank Of New York Mellon Corp2024-06-30
562 K
Kodai Capital Management Lp2024-09-30
517 K
Philadelphia Financial Mgmt Of San Franc2024-09-30
461.8 K
Blackrock Inc2024-06-30
8.2 M
Vanguard Group Inc2024-09-30
7.2 M
View Renasant Diagnostics

Renasant Historical Income Statement

At this time, Renasant's Net Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 200.5 M in 2024, whereas EBITDA is likely to drop slightly above 116.5 M in 2024. View More Fundamentals

Renasant Stock Against Markets

Renasant Corporate Executives

Elected by the shareholders, the Renasant's board of directors comprises two types of representatives: Renasant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Renasant. The board's role is to monitor Renasant's management team and ensure that shareholders' interests are well served. Renasant's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Renasant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin ChapmanCFO, Executive VP, Sr. Executive VP of Renasant Bank and CFO of Renasant BankProfile
James IVExecutive CFOProfile

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.