$0.55 EPS Expected for Renasant Corp. (RNST)

June 19, 2017 - By Winifred Garcia

 $0.55 EPS Expected for Renasant Corp. (RNST)

Analysts expect Renasant Corp. (NASDAQ:RNST) to report $0.55 EPS on July, 18.They anticipate $0.04 EPS change or 6.78 % from last quarter’s $0.59 EPS. RNST’s profit would be $24.25 million giving it 20.00 P/E if the $0.55 EPS is correct. After having $0.55 EPS previously, Renasant Corp.’s analysts see 0.00 % EPS growth. About 14,562 shares traded. Renasant Corp. (NASDAQ:RNST) has risen 22.29% since June 19, 2016 and is uptrending. It has outperformed by 5.59% the S&P500.

Renasant Corp. (NASDAQ:RNST) Ratings Coverage

Among 5 analysts covering Renasant (NASDAQ:RNST), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Renasant had 9 analyst reports since October 22, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, November 29 by Keefe Bruyette & Woods. The firm has “Long-Term Buy” rating by Hilliard Lyons given on Thursday, January 21. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, May 26. The stock of Renasant Corp. (NASDAQ:RNST) has “Hold” rating given on Monday, November 28 by Jefferies. The company was downgraded on Monday, September 12 by Raymond James. Hilliard Lyons upgraded Renasant Corp. (NASDAQ:RNST) rating on Thursday, April 28. Hilliard Lyons has “Buy” rating and $38 target. The rating was downgraded by Stephens to “Equal Weight” on Thursday, October 22.

Renasant Corporation is a bank holding firm that owns and operates Renasant Bank and Renasant Insurance, Inc. (Renasant Insurance). The company has market cap of $1.94 billion. The Company’s divisions include Community Banks, which delivers a range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, equipment leasing, as well as safe deposit and night depository facilities; Insurance, which includes a full service insurance agency offering all lines of commercial and personal insurance through major carriers; Wealth Management, which offers a range of fiduciary services that includes the administration and management of trust accounts, including personal and corporate benefit accounts, and custodial accounts, and Other. It has a 20.18 P/E ratio. The Bank has its activities in Mississippi, Tennessee, Alabama, Florida and Georgia.

More notable recent Renasant Corp. (NASDAQ:RNST) news were published by: Prnewswire.com which released: “Renasant Announces Mobile Market Entry and Staff Hires” on March 08, 2017, also Prnewswire.com with their article: “Renasant Corporation Completes Merger with Heritage Financial Group, Inc.” published on July 01, 2015, Bizjournals.com published: “New tenant named for future Midtown development” on June 14, 2017. More interesting news about Renasant Corp. (NASDAQ:RNST) were released by: Prnewswire.com and their article: “Metropolitan Shareholders Approve Merger with Renasant Bank” published on June 08, 2017 as well as Prnewswire.com‘s news article titled: “Renasant Corporation and Metropolitan BancGroup, Inc. Announce Definitive …” with publication date: January 18, 2017.

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