Raymond James upgraded Renasant from Mkt Perform to Outperform and set a new price target of $41.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/5/2024 | $38.00 → $39.00 | Market Perform → Outperform | Hovde Group |
| 8/5/2024 | $34.00 → $40.00 | Neutral → Overweight | Piper Sandler |
| 7/31/2024 | $34.00 → $41.00 | Equal-Weight → Overweight | Stephens |
| 7/31/2024 | $39.00 | Mkt Perform → Outperform | Raymond James |
| 7/25/2024 | $36.00 → $38.00 | Outperform → Market Perform | Hovde Group |
| 4/6/2023 | Outperform → Mkt Perform | Raymond James | |
| 10/27/2022 | $41.00 | Mkt Perform → Outperform | Raymond James |
| 6/21/2022 | $34.00 | Market Perform → Outperform | Hovde Group |
TUPELO, Miss., April 23, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Renasant Corporation (the "Company") implemented the next step of the Company's management succession plan, designating Kevin D. Chapman to become Chief Executive Officer of the Company and Renasant Bank (the "Bank") effective May 2025. Chapman will retain his current title and duties of President of both the Company and Bank. Over the next year, current Renasant CEO, C. Mitchell Waycaster will work with Chapman on the leadership transition; in May 2025, while stepping down from the CEO position, Waycaster will continue in his role as Executive Vice Chairman of the Company and the Bank. Chapman has been President
TUPELO, Miss., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) (the "Company") today announced earnings results for the third quarter of 2024. (Dollars in thousands, except earnings per share)Three Months Ended Nine Months Ended Sep 30, 2024Jun 30, 2024Sep 30, 2023 Sep 30, 2024Sep 30, 2023Net income and earnings per share: Net income$72,455$38,846$41,833 $150,710$116,554 After-tax gain on sale of insurance agency 38,951 — — 38,951 — After-tax loss on sale of securities (including impairments) — — — — (17,859)Basic EPS 1.18 0.69 0.75 2.60 2.08 Diluted EPS 1.18 0.69 0.74 2.59 2.07 Adjusted diluted EPS (Non-GAAP)(1) 0.70 0.69 0.74 2.03 2.38 Impact to diluted EPS f
TUPELO, Miss., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) (the "Company") will announce 2024 third quarter results following the NYSE's closing on Tuesday, October 22, 2024. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, October 23, 2024, at 10:00 AM Eastern Time (9:00 AM Central Time). The webcast is accessible through Renasant's investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=YvWBKrUB. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2024 Third Quarter Earnings Webcast
TUPELO, Miss., Aug. 14, 2024 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE:RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid September 30, 2024, to shareholders of record as of September 16, 2024. ABOUT RENASANT CORPORATION:Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $17.5 billion and operates 185 banking, lending, mortgage and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis. For more information, please visit www.renasantbank.com
4 - RENASANT CORP (0000715072) (Issuer)
4 - RENASANT CORP (0000715072) (Issuer)
4 - RENASANT CORP (0000715072) (Issuer)
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Truist Securities analyst Brandon King maintains Renasant (NYSE:RNST) with a Hold and raises the price target from $32 to $38.
4 analysts have shared their evaluations of Renasant (NYSE:RNST) during the recent three months, expressing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 3 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Renasant and provided 12-month price targets. The average target is $33.75, accompanied by a high estimate of $36.00 and a low estimate of $32.00. This current average reflec
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SC 13G/A - RENASANT CORP (0000715072) (Subject)
10-Q - RENASANT CORP (0000715072) (Filer)
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8-K - RENASANT CORP (0000715072) (Filer)
Hovde Group upgraded Renasant from Market Perform to Outperform and set a new price target of $39.00 from $38.00 previously
Piper Sandler upgraded Renasant from Neutral to Overweight and set a new price target of $40.00 from $34.00 previously
Stephens upgraded Renasant from Equal-Weight to Overweight and set a new price target of $41.00 from $34.00 previously
TUPELO, Miss., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Renasant Corporation (NYSE:RNST) (the "Company") will announce 2024 third quarter results following the NYSE's closing on Tuesday, October 22, 2024. The Company will hold executive management's quarterly webcast and conference call with analysts on Wednesday, October 23, 2024, at 10:00 AM Eastern Time (9:00 AM Central Time). The webcast is accessible through Renasant's investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=YvWBKrUB. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2024 Third Quarter Earnings Webcast
TUPELO, Miss., Aug. 14, 2024 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE:RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid September 30, 2024, to shareholders of record as of September 16, 2024. ABOUT RENASANT CORPORATION:Renasant Corporation is the parent of Renasant Bank, a 120-year-old financial services institution. Renasant has assets of approximately $17.5 billion and operates 185 banking, lending, mortgage and wealth management offices throughout the Southeast as well as offering factoring and asset-based lending on a nationwide basis. For more information, please visit www.renasantbank.com
Announces Five-Year Community Benefit Plan Renasant Corporation (NYSE:RNST) ("Renasant") and The First Bancshares, Inc. ("The First") (NYSE:FBMS) jointly announced today that they have entered into a definitive agreement and plan of merger, pursuant to which The First will merge with and into Renasant (the "Merger") in an all-stock transaction valued at approximately $1.2 billion, based on Renasant's closing stock price as of July 26, 2024. The Merger has been approved unanimously by each company's board of directors and is expected to close in the first half of 2025. Completion of the transaction is subject to customary closing conditions, including the receipt of required regulatory app