$0.59 EPS Expected for Renasant Corp. (RNST)

September 17, 2017 - By Michael Collier

 $0.59 EPS Expected for Renasant Corp. (RNST)

Investors wait Renasant Corp. (NASDAQ:RNST) to report on October, 17. its quarterly earnings Wall Street analysts expect $0.59 earnings per share, $0.00 or 0.00 % from last year’s $0.59 same quarter earnings. This translates into $29.11M profit for RNST giving the stock a 16.75 P/E. This is assuming the current $0.59 EPS is accurate. Renasant Corp.’s Wall Street analysts see -3.28 % negative EPS growth, taking into account the $0.61 EPS reproted in the previous quarter, It closed at $39.52 lastly. It is up 22.29% since September 17, 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 12 analyst reports since October 22, 2015 according to SRatingsIntel. Hilliard Lyons upgraded it to “Buy” rating and $38 target in Thursday, April 28 report. The firm earned “Outperform” rating on Monday, September 12 by Raymond James. The firm has “Hold” rating given on Monday, November 28 by Jefferies. The stock of Renasant Corp. (NASDAQ:RNST) earned “Long-Term Buy” rating by Hilliard Lyons on Thursday, January 21. Jefferies maintained the shares of RNST in report on Friday, June 9 with “Hold” rating. Stephens downgraded Renasant Corp. (NASDAQ:RNST) on Thursday, October 22 to “Equal Weight” rating. Jefferies maintained the stock with “Hold” rating in Friday, August 11 report. Keefe Bruyette & Woods maintained Renasant Corp. (NASDAQ:RNST) rating on Friday, May 26. Keefe Bruyette & Woods has “Hold” rating and $4300 target. The rating was downgraded by Keefe Bruyette & Woods on Tuesday, November 29 to “Mkt Perform”. As per Wednesday, July 19, the company rating was maintained by Stephens.

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 $1.95 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 17.9 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 Corporation Completes Merger with Metropolitan BancGroup, Inc.” on July 03, 2017, also Prnewswire.com with their article: “Waycaster Elected President of Renasant” published on January 21, 2016, Nasdaq.com published: “Renasant Enters Oversold Territory” on September 07, 2017. More interesting news about Renasant Corp. (NASDAQ:RNST) were released by: Prnewswire.com and their article: “Renasant Announces Early Termination of All FDIC Loss Share Agreements” published on December 08, 2016 as well as Prnewswire.com‘s news article titled: “Renasant Corporation and KeyWorth Bank Announce Definitive Merger Agreement” with publication date: October 20, 2015.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: