Stephens Upgrades Renasant Corp. to Overweight (RNST)

By admin | 6 years ago

Renasant Corp. (NASDAQ: RNST) was upgraded by analysts at Stephens from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Tuesday.

Shares of Renasant Corp. traded down 0.71% during mid-day trading on Tuesday, hitting $15.152. Renasant Corp. has a 52 week low of $11.80 and a 52 week high of $17.16. The company has a market cap of $380.4 million and a P/E ratio of 15.90.

Renasant Corp. last announced its earnings results on Tuesday, April 24th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.01. On average, analysts predict that Renasant Corp. will post $0.26 earnings per share next quarter.

Renasant Corporation is a bank holding company, which owns and operates Renasant Bank. Renasant Bank is a Mississippi banking association with operations in Mississippi, Alabama and Tennessee, and Renasant Insurance, Inc.

About the author