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Renasant Corp. (DE:RN6)
FRANKFURT:RN6
Holding DE:RN6?
Track your performance easily
RN6 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€22.00 - €33.80
Previous Close€28.8
Volume0.00
Average Volume (3M)N/A
Market Cap
€1.87B
Enterprise Value€2.47B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$661.42M
Price to Earnings (P/E)―
Beta0.68
Next Earnings
Oct 22, 2024EPS Estimate
€0.99Last Dividend Ex-Date
Sep 16, 2024Dividend Yield2.76%
Share Statistics
EPS (TTM)N/A
Shares Outstanding63,557,383
10 Day Avg. Volume0
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.79
Price to Sales (P/S)3.14
Price to Cash Flow (P/CF)-10.30
P/FCF Ratio18.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.86
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€35.81Price Target Upside24.34% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Renasant News
PremiumCompany Announcements
Renasant to Share Future Strategy at Investor Conferences
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe deal is expected to enhance Renasant Bank’s deposit profile due to FBMS's favorable non-interest-bearing mix, low deposit cost, and lower loan/deposit ratio, boosting financial performance.
Strategic AcquisitionRenasant Bank's acquisition of FBMS represents the company's largest M&A deal and is strategically sound, enhancing its scale and potential profitability.
ValuationRenasant Bank shares are considered attractively priced with a modest P/E premium justified by strong projected profitability after the deal.
Bears Say
Asset QualityA deterioration in asset quality and a longer timeline to regulatory approval for the deal.
Earnings ForecastThe 2024 operating earnings per share forecast is decreasing from $2.58 to $2.52 due to the near-term dilution of the capital raise.
Regulatory ApprovalThe biggest risk would be the regulatory approval timeline and the ultimate timing of integration and related cost-saves.
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Options Prices
Currently, No data available
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Ownership Overview
2.32% Insiders
27.59% Mutual Funds
0.18% Other Institutional Investors
41.87% Public Companies and
Individual Investors
RN6 FAQ
What was Renasant Corp.’s price range in the past 12 months?
Renasant Corp. lowest stock price was €22.00 and its highest was €33.80 in the past 12 months.
What is Renasant Corp.’s market cap?
Currently, no data Available
When is Renasant Corp.’s upcoming earnings report date?
Renasant Corp.’s upcoming earnings report date is Oct 22, 2024 which is in 4 days.
How were Renasant Corp.’s earnings last quarter?
Renasant Corp. released its earnings results on Jul 23, 2024. The company reported €0.628 earnings per share for the quarter, beating the consensus estimate of €0.6 by €0.028.
Is Renasant Corp. overvalued?
According to Wall Street analysts Renasant Corp.’s price is currently Undervalued.
Does Renasant Corp. pay dividends?
Renasant Corp. pays a Quarterly dividend of €0.2 which represents an annual dividend yield of 2.76%. See more information on Renasant Corp. dividends here
What is Renasant Corp.’s EPS estimate?
Renasant Corp.’s EPS estimate is €0.99.
How many shares outstanding does Renasant Corp. have?
Renasant Corp. has 64,632,034 shares outstanding.
What happened to Renasant Corp.’s price movement after its last earnings report?
Renasant Corp. reported an EPS of €0.628 in its last earnings report, beating expectations of €0.6. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Renasant Corp.?
Among the largest hedge funds holding Renasant Corp.’s share is Fisher Asset Management LLC. It holds Renasant Corp.’s shares valued at 9M.
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Renasant Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€35.81 (24.34% Upside)
€35.81 (24.34% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.32%
12-Months-Change
Fundamentals
Return on Equity
6.50%
Trailing 12-Months
Asset Growth
1.66%
Trailing 12-Months
Company Description
Renasant Corp.
Renasant Corp. is a bank holding company, which engages in the provision of financial, fiduciary, and insurance services through its the Renasant Bank. It operates through the following segments: Community Banks, Insurance and Wealth Management. The Community Banks segment delivers banking and financial services to individuals and small to medium sized businesses including checking and savings accounts, business and personal loans, interim construction loans, specialty commercial lending, as well as safe deposit and night depository facilities. The Insurance segment includes full service insurance agency offering lines of commercial and personal insurance. The Wealth Management segment provides fiduciary services and administer qualified retirement plans, profit sharing and other employee benefit plans, personal trusts and estates. The company was founded in 1982 and is headquartered in Tupelo, MS.
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RN6 Company Deck
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RN6 Earnings Call
Q2 2024
0:00 / 0:00
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RN6 Stock 12 Month Forecast
Average Price Target
€35.81
▲(24.34% Upside)
Technical Analysis
Renasant
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First Financial Bankshares
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Pinnacle Financial Partners
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Home Bancshares
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United Bankshares
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Best Analysts Covering RN6
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+12.61%
reiterated a buy rating 11 months ago
Copying Kevin Fitzsimmons's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +12.61% per trade.
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