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Realtime updates for Renasant Corp [RNST]

Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Upcoming Earnings Alert

4 days till quarter result
(amc 2024-04-23)

Expected move: +/- 3.31%

BUY
66.67%
return -2.16%
SELL
50.00%
return -2.40%
Last Updated18 Apr 2024 @ 16:00

1.62% $ 28.77

SELL 94373 min ago

@ $30.96

Issued: 13 Feb 2024 @ 15:55


Return: -7.07%


Previous signal: Feb 12 - 16:00


Previous signal: Buy


Return: -4.33 %

Live Chart Being Loaded With Signals

Commentary (18 Apr 2024 @ 16:00):

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers...

Stats
Today's Volume 154 142
Average Volume 248 114
Market Cap 1.62B
EPS $0 ( 2024-01-23 )
Next earnings date ( $0.630 ) 2024-04-23
Last Dividend $0.220 ( 2023-12-15 )
Next Dividend $0 ( N/A )
P/E 11.24
ATR14 $0.0240 (0.08%)
Insider Trading
Date Person Action Amount type
2024-03-29 Mcgraw Edward Robinson Buy 67 Phantom Stock
2024-03-29 Suggs Sean M. Buy 107 Phantom Stock
2024-03-29 Suggs Sean M. Buy 305 Phantom Stock
2024-03-28 Cochran James Scott Sell 3 152 Common Stock
2024-03-28 Cochran James Scott Sell 5 217 Common Stock
INSIDER POWER
11.92
Last 99 transactions
Buy: 214 982 | Sell: 181 435

Volume Correlation

Long: -0.01 (neutral)
Short: -0.67 (moderate negative)
Signal:(35.031) Neutral

Renasant Corp Correlation

10 Most Positive Correlations
WLTW0.844
HFWA0.829
PFIS0.828
WABC0.826
MXIM0.825
NTCT0.82
NVEE0.819
UNTY0.814
WSBC0.811
NXGN0.809
10 Most Negative Correlations
APOP-0.909
MAGS-0.891
CMLF-0.831
IKNX-0.823
MOSY-0.81

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Renasant Corp Correlation - Currency/Commodity

The country flag -0.39
( neutral )
The country flag -0.20
( neutral )
The country flag 0.00
( neutral )
The country flag -0.35
( neutral )
The country flag -0.50
( neutral )
The country flag 0.60
( weak )

Renasant Corp Financials

Annual 2023
Revenue: $631.78M
Gross Profit: $797.32M (126.20 %)
EPS: $2.58
Q4 2023
Revenue: $145.69M
Gross Profit: $145.69M (100.00 %)
EPS: $0.500
Q3 2023
Revenue: $166.21M
Gross Profit: $166.21M (100.00 %)
EPS: $0.750
Q2 2023
Revenue: $147.44M
Gross Profit: $147.44M (100.00 %)
EPS: $0.510

Financial Reports:

No articles found.

Renasant Corp Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.220
(N/A)
$0.220
(N/A)
$0.220
(N/A)
$0.220
(N/A)
$0.220
(N/A)
$0.220
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Renasant Corp Dividend Information - Dividend King

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 4.61 - Stable (7.79%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.0435 1993-03-17
Last Dividend $0.220 2023-12-15
Next Dividend $0 N/A
Payout Date 2024-01-01
Next Payout Date N/A
# dividends 124 --
Total Paid Out $18.00 --
Avg. Dividend % Per Year 1.60% --
Score 5.49 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 4.61
Div. Directional Score 7.84 --
Next Divdend (Est)
(2024-07-03)
$0.222 Estimate 39.92 %
Dividend Stability
0.80 Good
Dividend Score
5.49
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
1993 $0.180 2.91%
1994 $0.184 2.53%
1995 $0.203 2.62%
1996 $0.224 2.43%
1997 $0.255 2.26%
1998 $0.318 2.00%
1999 $0.373 2.57%
2000 $0.391 3.09%
2001 $0.427 5.41%
2002 $0.463 2.93%
2003 $0.501 2.75%
2004 $0.546 2.42%
2005 $0.581 2.63%
2006 $0.626 2.93%
2007 $0.660 2.18%
2008 $0.680 3.20%
2009 $0.680 4.05%
2010 $0.680 4.87%
2011 $0.680 3.90%
2012 $0.680 4.32%
2013 $0.680 3.41%
2014 $0.680 2.22%
2015 $0.680 2.39%
2016 $0.710 2.10%
2017 $0.730 1.72%
2018 $0.800 1.94%
2019 $0.870 2.80%
2020 $0.880 2.47%
2021 $0.880 2.62%
2022 $0.880 2.30%
2023 $0.880 2.35%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NASDAQ

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
GAIN Dividend Royal 2023-12-04 Monthly 20 8.19% 8.50
GLDI Dividend Royal 2023-11-20 Monthly 12 7.15% 8.50
OXLC Dividend Royal 2023-12-14 Monthly 14 10.00% 8.50
PSEC Dividend Royal 2023-12-26 Monthly 21 7.04% 8.50
SLVO Dividend Royal 2023-11-20 Monthly 12 10.77% 8.50
QYLD Dividend Royal 2023-11-20 Monthly 11 7.50% 8.50
OXSQ Dividend Diamond 2023-12-14 Monthly 21 9.10% 8.50
HRZN Dividend King 2023-12-18 Monthly 15 6.60% 8.45
USOI Dividend Royal 2023-11-20 Monthly 8 16.70% 8.28
PFLT Dividend King 2023-11-15 Monthly 14 6.50% 8.27

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.2291.5005.428.14[0 - 0.5]
returnOnAssetsTTM0.008331.2009.7210.00[0 - 0.3]
returnOnEquityTTM0.06481.500-0.391-0.586[0.1 - 1]
payoutRatioTTM0.348-1.0006.52-6.52[0 - 1]
currentRatioTTM6.130.80010.008.00[1 - 3]
quickRatioTTM6.130.80010.008.00[0.8 - 2.5]
cashRatioTTM2.671.50010.0010.00[0.2 - 2]
debtRatioTTM0.0420-1.5009.30-10.00[0 - 0.6]
interestCoverageTTM0.8131.000-0.810-0.810[3 - 30]
operatingCashFlowPerShareTTM2.652.009.1210.00[0 - 30]
freeCashFlowPerShareTTM2.262.008.8710.00[0 - 20]
debtEquityRatioTTM0.317-1.5008.73-10.00[0 - 2.5]
grossProfitMarginTTM1.0001.00010.0010.00[0.2 - 0.8]
operatingProfitMarginTTM0.3571.0004.854.85[0.1 - 0.6]
cashFlowToDebtRatioTTM0.2041.0009.989.98[0.2 - 2]
assetTurnoverTTM0.03640.800-3.09-2.47[0.5 - 2]
Total Score11.06

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM11.211.0008.970[1 - 100]
returnOnEquityTTM0.06482.50-0.251-0.586[0.1 - 1.5]
freeCashFlowPerShareTTM2.262.009.2510.00[0 - 30]
dividendYielPercentageTTM3.041.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM2.652.009.1210.00[0 - 30]
payoutRatioTTM0.3481.5006.52-6.52[0 - 1]
pegRatioTTM-0.3651.500-5.770[0.5 - 2]
operatingCashFlowSalesRatioTTM0.2351.0006.630[0.1 - 0.5]
Total Score4.61

Renasant Corp

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate–1-4 family mortgage; real estate–commercial mortgage; real estate–construction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services. The Insurance segment provides insurance agency services, such as commercial and personal insurance products through insurance carriers. The Wealth Management segment offers a range of wealth management and fiduciary services, including administration and management of trust accounts, such as personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts; annuities, mutual funds, and other investment services through a third party broker-dealer; and qualified retirement plans, IRAs, employee benefit plans, personal trusts, and estates. As of December 31, 2021, the company operated a network of 189 banking, lending, and mortgage offices located in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee; 150 full-service branches and 11 limited-service branches; 173 ATMs; and 38 interactive teller machines. Renasant Corporation was founded in 1904 and is headquartered in Tupelo, Mississippi.

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