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 3.60% upside from RNST’s last price of $36.68) 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 3.60% upside from RNST's last price of $36.68.
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% | 9.05% |
| Jul 31, 2024 | Matt Olney | Stephens | $41.00 | $34.30 | 19.53% | 11.78% |
| Jul 31, 2024 | Michael Rose | Raymond James | $39.00 | $34.30 | 13.70% | 6.32% |
| Jul 25, 2024 | David Bishop | Hovde Group | $38.00 | $35.91 | 5.82% | 3.60% |
| Jul 08, 2024 | Brandon King | Truist Financial | $32.00 | $29.78 | 7.45% | -12.76% |
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 9.05% increase from RNST last price ($36.68).
Renasant Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $38.00 |
| Last Closing Price | $36.68 | $36.68 | $36.68 |
| Upside/Downside | -100.00% | -100.00% | 3.60% |
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 $36.68. This month's average price target is down NaN% 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 | $284.80M | $280.20M | $275.40M | $268.70M | $270.15M | $268.67M | $217.71M | $165.83M | $167.42M | $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 | $288.11M | $283.46M | $278.61M | $271.83M | $273.30M | $271.80M | $220.24M | $168.38M | $169.80M | $170.36M | $166.06M | $162.80M | $164.34M | $169.70M | $173.37M | $172.45M | $175.60M | $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 | $280.49M | $275.96M | $271.23M | $264.63M | $266.07M | $264.61M | $214.41M | $163.13M | $165.07M | $164.13M | $166.05M | $162.80M | $161.40M | $158.49M | $168.78M | $167.88M | $170.95M | $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 | 4 | 4 | 2 | 2 | 2 | 4 | 7 | 6 | 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 | 4 | 4 | 2 | 2 | 2 | 4 | 7 | 6 | 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 | $97.29M | $95.72M | $94.08M | $91.79M | $92.29M | $91.78M | $74.37M | $56.65M | $57.19M | $57.13M | $56.73M | $98.31M | $55.63M | $57.15M | $58.54M | $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 | $98.42M | $96.83M | $95.17M | $92.86M | $93.36M | $92.85M | $75.24M | $57.52M | $58.01M | $58.20M | $56.73M | $117.97M | $56.14M | $57.97M | $59.22M | $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 | $95.82M | $94.27M | $92.65M | $90.40M | $90.89M | $90.39M | $73.24M | $55.72M | $56.39M | $56.07M | $56.72M | $78.65M | $55.13M | $54.14M | $57.66M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.63% | 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 $55.63M, with a high of $56.14M and a low of $55.13M. This is 2.00% upper 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 | 4 | 4 | 2 | 2 | 2 | 4 | 7 | 6 | 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 | $55.47M | $54.24M | $53.62M | $54.24M | $45.20M | $36.98M | $-7.70M | $28.76M | $35.23M | $77.04M | $40.59M | $50.86M | $38.92M | $42.60M | $46.64M | $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 | $56.31M | $55.06M | $54.43M | $55.06M | $45.88M | $37.54M | $-7.55M | $29.28M | $35.81M | $77.50M | $40.60M | $61.03M | $39.52M | $45.69M | $47.34M | $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 | $54.38M | $53.17M | $52.57M | $53.17M | $44.31M | $36.25M | $-7.82M | $28.24M | $34.66M | $76.58M | $40.58M | $40.69M | $38.31M | $39.52M | $45.72M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.61% | 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 $38.92M, with a range of $38.31M to $39.52M. RNST's average Quarter net income forecast represents a -8.07% 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 | 4 | 4 | 2 | 2 | 2 | 4 | 7 | 6 | 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 | $133.62M | $131.46M | $129.21M | $126.07M | $126.75M | $126.05M | $102.14M | $77.80M | $78.55M | $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 | $135.18M | $132.99M | $130.71M | $127.53M | $128.22M | $127.52M | $103.33M | $79.00M | $79.67M | $79.93M | $77.91M | $132.05M | $77.10M | $79.62M | $81.34M | $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 | $131.60M | $129.47M | $127.26M | $124.16M | $124.83M | $124.15M | $100.60M | $76.53M | $77.45M | $77.01M | $77.91M | $88.03M | $75.72M | $74.36M | $79.19M | $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 | 4 | 4 | 2 | 2 | 2 | 4 | 7 | 6 | 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 | $0.90 | $0.88 | $0.87 | $0.88 | $0.73 | $0.60 | $-0.13 | $0.47 | $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 | $0.91 | $0.89 | $0.88 | $0.89 | $0.74 | $0.61 | $-0.12 | $0.48 | $0.58 | $1.26 | $0.66 | $0.62 | $0.64 | $0.74 | $0.77 | $0.82 | $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 | $0.88 | $0.86 | $0.85 | $0.86 | $0.72 | $0.59 | $-0.13 | $0.46 | $0.56 | $1.24 | $0.66 | $0.62 | $0.62 | $0.64 | $0.74 | $0.80 | $0.86 | $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).