On Tuesday, Renasant Corp (NYSE: RNST) opened lower -1.93% from the last session, before settling in for the closing price of $37.40. Price fluctuations for RNST have ranged from $27.98 to $39.47 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 9.63%. Company’s average yearly earnings per share was noted 26.69% at the time writing. With a float of $54.99 million, this company’s outstanding shares have now reached $63.56 million.
Considering the fact that the conglomerate employs 2300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.0%, operating margin of 17.27%, and the pretax margin is 30.85%.
Renasant Corp (RNST) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Renasant Corp is 2.42%, while institutional ownership is 100.90%. The most recent insider transaction that took place on Nov 06 ’24, was worth 114,000. In this transaction Director of this company sold 3,000 shares at a rate of $38.00, taking the stock ownership to the 24,057 shares.
Renasant Corp (RNST) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 26.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -1.69% drop over the previous five years of trading.
Renasant Corp (NYSE: RNST) Trading Performance Indicators
Check out the current performance indicators for Renasant Corp (RNST). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.15. Likewise, its price to free cash flow for the trailing twelve months is 19.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.05, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 1.64 in one year’s time.
Technical Analysis of Renasant Corp (RNST)
Compared to the last year’s volume of 0.4 million, its volume of 0.56 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 38.39%. Additionally, its Average True Range was 0.98.
During the past 100 days, Renasant Corp’s (RNST) raw stochastic average was set at 67.29%, which indicates a significant increase from 20.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.33% in the past 14 days, which was lower than the 33.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.63, while its 200-day Moving Average is $32.41. Nevertheless, the first resistance level for the watch stands at $37.40 in the near term. At $38.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.53. If the price goes on to break the first support level at $36.27, it is likely to go to the next support level at $35.87. Now, if the price goes above the second support level, the third support stands at $35.14.
Renasant Corp (NYSE: RNST) Key Stats
There are currently 63,566K shares outstanding in the company with a market cap of 2.33 billion. Presently, the company’s annual sales total 910,390 K according to its annual income of 144,680 K. Last quarter, the company’s sales amounted to 318,340 K and its income totaled 72,460 K.
