Renasant (RNST) Stock Forecast, Price Target & Predictions
RNST Stock Forecast
Renasant stock forecast is as follows: an average price target of $38.00 (represents a 14.32% upside from RNST’s last price of $33.24) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
RNST Price Target
The average price target for Renasant (RNST) is $38.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $41.00 to $32.00. This represents a potential 14.32% upside from RNST's last price of $33.24.
RNST Analyst Ratings
According to 5 Wall Street analysts, Renasant's rating consensus is 'Buy'. The analyst rating breakdown for RNST stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Renasant Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Stephen Scouten | Piper Sandler | $40.00 | $33.36 | 19.90% | 20.34% |
| Jul 31, 2024 | Matt Olney | Stephens | $41.00 | $34.30 | 19.53% | 23.35% |
| Jul 31, 2024 | Michael Rose | Raymond James | $39.00 | $34.30 | 13.70% | 17.33% |
| Jul 25, 2024 | David Bishop | Hovde Group | $38.00 | $35.91 | 5.82% | 14.32% |
| Jul 08, 2024 | Brandon King | Truist Financial | $32.00 | $29.78 | 7.45% | -3.73% |
The latest Renasant stock forecast, released on Aug 05, 2024 by Stephen Scouten from Piper Sandler, set a price target of $40.00, which represents a 19.90% increase from the stock price at the time of the forecast ($33.36), and a 20.34% increase from RNST last price ($33.24).
Renasant Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $40.00 | $38.00 |
| Last Closing Price | $33.24 | $33.24 | $33.24 |
| Upside/Downside | -100.00% | 20.34% | 14.32% |
In the current month, the average price target of Renasant stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Renasant's last price of $33.24. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 20, 2024 | Truist Financial | Market Perform | Market Perform | Hold |
| Aug 05, 2024 | Hovde Group | Market Perform | Outperform | Upgrade |
| Aug 05, 2024 | Piper Sandler | Market Perform | Overweight | Upgrade |
| Jul 31, 2024 | Stephens | - | Overweight | Upgrade |
| Jul 25, 2024 | Piper Sandler | Market Perform | Market Perform | Hold |
| Jul 25, 2024 | Hovde Group | - | Market Perform | Downgrade |
| Oct 27, 2022 | Raymond James | - | Outperform | Upgrade |
Renasant's last stock rating was published by Truist Financial on Sep 20, 2024. The company gave RNST a "Market Perform" rating, the same as its previous rate.
Renasant Financial Forecast
Renasant Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $166.21M | $147.44M | $173.07M | $171.23M | $171.50M | $150.73M | $137.09M | $149.06M | $154.05M | $157.19M | $190.69M | $168.95M | $177.21M | $169.95M | $144.17M | $146.34M | $146.78M |
| Avg Forecast | $280.27M | $277.73M | $272.23M | $264.83M | $267.93M | $266.43M | $208.92M | $164.96M | $167.15M | $167.25M | $166.06M | $162.80M | $162.85M | $167.30M | $171.38M | $170.46M | $173.58M | $158.53M | $145.38M | $143.62M | $149.85M | $153.98M | $172.68M | $164.87M | $168.52M | $168.70M | $153.21M | $144.36M | $148.57M | $153.15M |
| High Forecast | $285.32M | $282.74M | $277.14M | $269.61M | $272.76M | $271.23M | $212.69M | $168.94M | $170.61M | $170.36M | $166.06M | $162.80M | $164.34M | $169.70M | $174.47M | $173.54M | $176.71M | $158.53M | $145.38M | $143.62M | $149.85M | $153.98M | $172.68M | $164.87M | $168.52M | $168.70M | $153.21M | $144.36M | $148.57M | $153.15M |
| Low Forecast | $274.57M | $272.08M | $266.70M | $259.45M | $262.48M | $261.01M | $204.67M | $160.72M | $163.93M | $164.13M | $166.05M | $162.80M | $161.40M | $158.49M | $167.89M | $167.00M | $170.05M | $158.53M | $145.38M | $143.62M | $149.85M | $153.98M | $172.68M | $164.87M | $168.52M | $168.70M | $153.21M | $144.36M | $148.57M | $153.15M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.86% | 1.02% | 0.99% | 1.08% | 1.04% | 0.95% | 0.99% | 1.00% | 0.91% | 1.16% | 1.00% | 1.05% | 1.11% | 1.00% | 0.99% | 0.96% |
Renasant's average Quarter revenue forecast for Dec 23 based on 4 analysts is $162.85M, with a low forecast of $161.40M, and a high forecast of $164.34M. RNST's average Quarter revenue forecast represents a -2.02% decrease compared to the company's last Quarter revenue of $166.21M (Sep 23).
Renasant EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $54.54M | $36.65M | $107.10M | $87.59M | $82.59M | $71.58M | $64.85M | $71.78M | $73.93M | $72.22M | $96.92M | $64.04M | $62.88M | $51.25M | $31.29M | $74.46M | $78.45M |
| Avg Forecast | $90.48M | $89.66M | $87.88M | $85.49M | $86.49M | $86.01M | $67.44M | $53.25M | $53.96M | $53.99M | $53.61M | $98.31M | $52.57M | $54.01M | $55.32M | $77.72M | $74.03M | $51.18M | $46.93M | $61.43M | $48.38M | $49.71M | $55.75M | $50.92M | $54.40M | $54.46M | $49.46M | $54.27M | $47.96M | $49.44M |
| High Forecast | $92.11M | $91.28M | $89.47M | $87.04M | $88.05M | $87.56M | $68.66M | $54.54M | $55.08M | $55.00M | $53.61M | $117.97M | $53.05M | $54.78M | $56.32M | $93.26M | $88.83M | $51.18M | $46.93M | $73.72M | $48.38M | $49.71M | $55.75M | $61.10M | $54.40M | $54.46M | $49.46M | $65.13M | $47.96M | $49.44M |
| Low Forecast | $88.64M | $87.84M | $86.10M | $83.76M | $84.73M | $84.26M | $66.07M | $51.88M | $52.92M | $52.99M | $53.61M | $78.65M | $52.10M | $51.17M | $54.20M | $62.17M | $59.22M | $51.18M | $46.93M | $49.15M | $48.38M | $49.71M | $55.75M | $40.74M | $54.40M | $54.46M | $49.46M | $43.42M | $47.96M | $49.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.66% | 1.38% | 1.18% | 1.61% | 1.53% | 1.06% | 1.48% | 1.49% | 1.30% | 1.90% | 1.18% | 1.15% | 1.04% | 0.58% | 1.55% | 1.59% |
4 analysts predict RNST's average Quarter EBITDA for Dec 23 to be $52.57M, with a high of $53.05M and a low of $52.10M. This is -3.61% lower than Renasant's previous annual EBITDA (Sep 23) of $54.54M.
Renasant Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $42.33M | $28.64M | $46.08M | $46.28M | $46.57M | $39.68M | $33.55M | $37.05M | $40.06M | $40.87M | $57.91M | $31.52M | $29.99M | $20.13M | $2.01M | $38.41M | $37.45M |
| Avg Forecast | $51.50M | $50.91M | $49.36M | $46.44M | $42.06M | $34.56M | $-8.25M | $26.32M | $32.98M | $72.87M | $38.39M | $50.86M | $36.81M | $40.30M | $44.11M | $40.20M | $38.21M | $43.92M | $36.35M | $31.78M | $36.14M | $37.41M | $43.53M | $30.42M | $33.66M | $28.77M | $17.01M | $3.48M | $37.27M | $42.02M |
| High Forecast | $52.70M | $52.11M | $50.52M | $47.53M | $43.04M | $35.37M | $-8.03M | $28.34M | $34.08M | $73.31M | $38.41M | $61.03M | $37.39M | $43.22M | $45.15M | $48.24M | $45.85M | $43.92M | $36.35M | $38.14M | $36.14M | $37.41M | $43.53M | $36.51M | $33.66M | $28.77M | $17.01M | $4.18M | $37.27M | $42.02M |
| Low Forecast | $50.13M | $49.57M | $48.05M | $45.22M | $40.95M | $33.65M | $-8.44M | $22.77M | $31.33M | $72.43M | $38.38M | $40.69M | $36.24M | $37.38M | $42.95M | $32.16M | $30.57M | $43.92M | $36.35M | $25.43M | $36.14M | $37.41M | $43.53M | $24.34M | $33.66M | $28.77M | $17.01M | $2.79M | $37.27M | $42.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.65% | 1.15% | 1.21% | 1.06% | 1.09% | 1.06% | 1.03% | 1.07% | 0.94% | 1.90% | 0.94% | 1.04% | 1.18% | 0.58% | 1.03% | 0.89% |
Renasant's average Quarter net income forecast for Dec 23 is $36.81M, with a range of $36.24M to $37.39M. RNST's average Quarter net income forecast represents a -13.04% decrease compared to the company's last Quarter net income of $42.33M (Sep 23).
Renasant SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $72.93M | $76.34M | $76.50M | $71.00M | $75.22M | $74.48M | $72.59M | $72.89M | $79.51M | $81.34M | $89.69M | $83.73M | $85.22M | $89.51M | $83.79M | $77.86M | $76.03M |
| Avg Forecast | $131.49M | $130.31M | $127.72M | $124.25M | $125.70M | $125.00M | $98.02M | $77.40M | $78.42M | $78.47M | $77.91M | $110.04M | $76.40M | $78.49M | $80.41M | $86.99M | $75.16M | $74.38M | $68.21M | $68.77M | $70.31M | $72.24M | $81.02M | $47.12M | $79.06M | $79.15M | $71.88M | $67.73M | $69.70M | $71.85M |
| High Forecast | $133.86M | $132.65M | $130.03M | $126.49M | $127.97M | $127.25M | $99.79M | $79.26M | $80.04M | $79.93M | $77.91M | $132.05M | $77.10M | $79.62M | $81.86M | $104.39M | $90.20M | $74.38M | $68.21M | $82.52M | $70.31M | $72.24M | $81.02M | $56.55M | $79.06M | $79.15M | $71.88M | $67.73M | $69.70M | $71.85M |
| Low Forecast | $128.82M | $127.65M | $125.13M | $121.73M | $123.15M | $122.46M | $96.03M | $75.41M | $76.91M | $77.01M | $77.91M | $88.03M | $75.72M | $74.36M | $78.77M | $69.59M | $60.13M | $74.38M | $68.21M | $55.01M | $70.31M | $72.24M | $81.02M | $37.70M | $79.06M | $79.15M | $71.88M | $67.73M | $69.70M | $71.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 0.95% | 0.88% | 0.94% | 1.01% | 1.09% | 1.06% | 1.04% | 1.10% | 1.00% | 1.90% | 1.06% | 1.08% | 1.25% | 1.24% | 1.12% | 1.06% |
Renasant's average Quarter SG&A projection for Dec 23 is $76.40M, based on 4 Wall Street analysts, with a range of $75.72M to $77.10M. The forecast indicates a 4.76% rise compared to RNST last annual SG&A of $72.93M (Sep 23).
Renasant EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 7 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.75 | $0.51 | $0.82 | $0.83 | $0.83 | $0.71 | $0.60 | $0.66 | $0.71 | $0.73 | $1.03 | $0.56 | $0.53 | $0.36 | $0.04 | $0.68 | $0.65 |
| Avg Forecast | $0.88 | $0.87 | $0.85 | $0.80 | $0.72 | $0.59 | $-0.14 | $0.45 | $0.57 | $1.25 | $0.66 | $0.62 | $0.63 | $0.69 | $0.76 | $0.81 | $0.87 | $0.77 | $0.64 | $0.57 | $0.64 | $0.66 | $0.77 | $0.65 | $0.59 | $0.51 | $0.30 | $0.55 | $0.66 | $0.74 |
| High Forecast | $0.90 | $0.89 | $0.87 | $0.82 | $0.74 | $0.61 | $-0.14 | $0.49 | $0.58 | $1.26 | $0.66 | $0.62 | $0.64 | $0.74 | $0.77 | $0.83 | $0.89 | $0.77 | $0.64 | $0.57 | $0.64 | $0.66 | $0.77 | $0.65 | $0.59 | $0.51 | $0.30 | $0.55 | $0.66 | $0.74 |
| Low Forecast | $0.86 | $0.85 | $0.82 | $0.78 | $0.70 | $0.58 | $-0.14 | $0.39 | $0.54 | $1.24 | $0.66 | $0.62 | $0.62 | $0.64 | $0.74 | $0.79 | $0.85 | $0.77 | $0.64 | $0.57 | $0.64 | $0.66 | $0.77 | $0.65 | $0.59 | $0.51 | $0.30 | $0.55 | $0.66 | $0.74 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.67% | 1.01% | 0.95% | 1.07% | 1.11% | 1.04% | 1.04% | 1.08% | 0.95% | 1.59% | 0.94% | 1.04% | 1.20% | 0.07% | 1.03% | 0.88% |
According to 4 Wall Street analysts, Renasant's projected average Quarter EPS for Dec 23 is $0.63, with a low estimate of $0.62 and a high estimate of $0.64. This represents a -15.81% decrease compared to RNST previous annual EPS of $0.75 (Sep 23).
Renasant Peer Comparison by Price Target
RNST Forecast FAQ
Is Renasant a good buy?
Yes, according to 5 Wall Street analysts, Renasant (RNST) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of RNST's total ratings.
What is RNST's price target?
Renasant (RNST) average price target is $38 with a range of $32 to $41, implying a 14.32% from its last price of $33.24. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Renasant stock go up soon?
According to Wall Street analysts' prediction for RNST stock, the company can go up by 14.32% (from the last price of $33.24 to the average price target of $38), up by 23.35% based on the highest stock price target, and down by -3.73% based on the lowest stock price target.
Can Renasant stock reach $50?
RNST's average twelve months analyst stock price target of $38 does not support the claim that Renasant can reach $50 in the near future.
What are Renasant's analysts' financial forecasts?
Renasant's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $908.24M (high $925.61M, low $888.87M), average EBITDA is $293.2M (high $298.81M, low $286.95M), average net income is $94.69M (high $98.73M, low $88.93M), average SG&A $426.12M (high $434.27M, low $417.04M), and average EPS is $1.62 (high $1.69, low $1.53). RNST's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.1B (high $1.11B, low $1.07B), average EBITDA is $353.51M (high $359.89M, low $346.32M), average net income is $198.21M (high $202.86M, low $192.97M), average SG&A $513.78M (high $523.04M, low $503.33M), and average EPS is $3.4 (high $3.48, low $3.31).
Did the RNST's actual financial results beat the analysts' financial forecasts?
Based on Renasant's last annual report (Dec 2022), the company's revenue was $630.55M, beating the average analysts forecast of $621.11M by 1.52%. Apple's EBITDA was $276.94M, beating the average prediction of $233.57M by 18.57%. The company's net income was $166.07M, beating the average estimation of $150.26M by 10.52%. Apple's SG&A was $275.98M, missing the average forecast of $286.52M by -3.68%. Lastly, the company's EPS was $2.98, beating the average prediction of $2.86 by 4.02%. In terms of the last quarterly report (Sep 2023), Renasant's revenue was $166.21M, missing the average analysts' forecast of $167.3M by -0.65%. The company's EBITDA was $54.54M, beating the average prediction of $54.01M by 0.98%. Renasant's net income was $42.33M, beating the average estimation of $40.3M by 5.05%. The company's SG&A was $72.93M, missing the average forecast of $78.49M by -7.09%. Lastly, the company's EPS was $0.75, beating the average prediction of $0.691 by 8.50%