On Tuesday, Renasant Corp (NYSE: RNST) opened higher 1.07% from the last session, before settling in for the closing price of $35.51. Price fluctuations for RNST have ranged from $26.97 to $39.63 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 9.12%. Company’s average yearly earnings per share was noted -34.76% at the time writing. With a float of $54.68 million, this company’s outstanding shares have now reached $63.74 million.
Let’s determine the extent of company efficiency that accounts for 2200 employees. In terms of profitability, gross margin is 59.78%, operating margin of 20.61%, and the pretax margin is 32.95%.
Renasant Corp (RNST) Insider Activity
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 2.97%, while institutional ownership is 109.29%. The most recent insider transaction that took place on Feb 21 ’25, was worth 48,103. In this transaction EVP/Chief Accounting Officer of this company sold 1,310 shares at a rate of $36.72, taking the stock ownership to the 17,586 shares. Before that another transaction happened on Feb 21 ’25, when Company’s Officer proposed sale 1,310 for $37.34, making the entire transaction worth $48,915.
Renasant Corp (RNST) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.76% per share during the next fiscal year.
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 3.11. Likewise, its price to free cash flow for the trailing twelve months is 21.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.21, a number that is poised to hit 0.68 in the next quarter and is forecasted to reach 3.41 in one year’s time.
Technical Analysis of Renasant Corp (RNST)
Looking closely at Renasant Corp (NYSE: RNST), its last 5-days average volume was 0.58 million, which is a drop from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 90.41%. Additionally, its Average True Range was 1.13.
During the past 100 days, Renasant Corp’s (RNST) raw stochastic average was set at 70.46%, which indicates a significant decrease from 95.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.51% in the past 14 days, which was lower than the 39.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.53, while its 200-day Moving Average is $34.46. However, in the short run, Renasant Corp’s stock first resistance to watch stands at $36.07. Second resistance stands at $36.25. The third major resistance level sits at $36.51. If the price goes on to break the first support level at $35.62, it is likely to go to the next support level at $35.36. Should the price break the second support level, the third support level stands at $35.18.
Renasant Corp (NYSE: RNST) Key Stats
There are currently 63,657K shares outstanding in the company with a market cap of 3.41 billion. Presently, the company’s annual sales total 1,091 M according to its annual income of 195,460 K. Last quarter, the company’s sales amounted to 256,800 K and its income totaled 41,520 K.
