Renasant Corp. (RNST) Scheduled to Post Quarterly Earnings on Tuesday
Renasant Corp. (NASDAQ:RNST) is scheduled to announce its Q114 earnings results on Tuesday, April 22nd. Analysts expect the company to announce earnings of $0.39 per share and revenue of $68.50 million for the quarter.
Renasant Corp. (NASDAQ:RNST) last released its earnings data on Tuesday, January 21st. The company reported $0.40 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.05. During the same quarter last year, the company posted $0.29 earnings per share. On average, analysts expect Renasant Corp. to post $1.77 EPS for the current fiscal year and $2.02 EPS for the next fiscal year.
Shares of Renasant Corp. (NASDAQ:RNST) opened at 27.54 on Monday. Renasant Corp. has a one year low of $21.14 and a one year high of $32.04. The stock has a 50-day moving average of $28.83 and a 200-day moving average of $29.14. The company has a market cap of $866.9 million and a price-to-earnings ratio of 22.41.
Several analysts have recently commented on the stock. Analysts at Raymond James upgraded shares of Renasant Corp. from a “market perform” rating to an “outperform” rating in a research note on Monday, April 7th. They now have a $33.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Renasant Corp. from $28.00 to $32.00 in a research note on Thursday, January 23rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $31.93.
Renasant Corporation is a bank holding company. The Company owns and operates Renasant Bank (NASDAQ:RNST), a Mississippi banking association with operations in Mississippi, Tennessee, Alabama and Georgia, and Renasant Insurance, Inc, a Mississippi corporation with operations in Mississippi.
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