Renasant (RNST) Stock Forecast, Price Target & Predictions


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RNST Stock Forecast


Renasant (RNST) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $40.00, with a high of $41.00 and a low of $39.00. This represents a 5.68% increase from the last price of $37.85.

$25 $29 $33 $37 $41 $45 High: $41 Avg: $40 Low: $39 Last Closed Price: $37.85

RNST Stock Rating


Renasant stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (80.00%), 1 Hold (20.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 1 4 Strong Sell Sell Hold Buy Strong Buy

RNST Forecast vs Benchmarks


TypeNameUpside
StockRenasant5.68%
SectorFinancial Services Stocks 2.38%
IndustryRegional Banks Stocks7.84%

Price Target Trends


1M3M12M
# Anlaysts--5
Avg Price Target--$38.00
Last Closing Price$37.85$37.85$37.85
Upside/Downside--0.40%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25312--6
Dec, 24312--6
Nov, 24326--11
Oct, 24346--13
Sep, 24346--13
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Stephen ScoutenPiper Sandler$40.00$33.3619.90%5.68%
Jul 31, 2024Matt OlneyStephens$41.00$34.3019.53%8.32%
Jul 31, 2024Michael RoseRaymond James$39.00$34.3013.70%3.04%
Jul 25, 2024David BishopHovde Group$38.00$35.915.82%0.40%
Jul 08, 2024Brandon KingTruist Financial$32.00$29.787.45%-15.46%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Sep 20, 2024Truist FinancialMarket PerformMarket Performhold
Aug 05, 2024Hovde GroupMarket PerformOutperformupgrade
Aug 05, 2024Piper SandlerMarket PerformOverweightupgrade
Jul 31, 2024StephensOverweightupgrade
Jul 25, 2024Piper SandlerMarket PerformMarket Performhold
Jul 25, 2024Hovde GroupMarket Performdowngrade
Oct 27, 2022Raymond JamesOutperformupgrade

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$1.49$3.13$2.98$2.58---
Avg Forecast$1.52$3.10$3.01$2.71$3.24$1.66$3.15
High Forecast$1.44$2.93$2.92$2.70$3.17$1.03$3.08
Low Forecast$1.62$3.30$3.07$2.71$3.30$2.03$3.20
Surprise %-1.97%0.97%-1.00%-4.80%---

Revenue Forecast

$600M $710M $820M $930M $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$660.29M$650.99M$630.55M$797.32M---
Avg Forecast$657.15M$651.43M$634.12M$669.99M$667.72M$920.10M$1.10B
High Forecast$629.64M$624.16M$620.65M$663.05M$666.78M$893.68M$1.06B
Low Forecast$690.93M$684.92M$644.95M$685.54M$668.65M$935.31M$1.12B
Surprise %0.48%-0.07%-0.56%19.01%---

Net Income Forecast

$50M $80M $110M $140M $170M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$83.65M$175.89M$166.07M$144.68M---
Avg Forecast$74.05M$144.67M$145.44M$144.68M$195.46M$85.40M$187.38M
High Forecast$59.24M$115.74M$116.35M$115.74M$189.40M$61.62M$183.78M
Low Forecast$88.86M$173.60M$174.53M$173.61M$197.44M$121.25M$190.98M
Surprise %12.97%21.58%14.18%----

RNST Forecast FAQ


Is Renasant stock a buy?

Renasant stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Renasant is a favorable investment for most analysts.

What is Renasant's price target?

Renasant's price target, set by 5 Wall Street analysts, averages $40 over the next 12 months. The price target range spans from $39 at the low end to $41 at the high end, suggesting a potential 5.68% change from the previous close price of $37.85.

How does Renasant stock forecast compare to the average forecast of its sector, industry, and investment themes?

Renasant stock forecast shows a 5.68% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and underperforming the regional banks stocks industry (7.84%).

What is the breakdown of analyst ratings for Renasant over the past three months?

  • January 2025: 50.00% Strong Buy, 16.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 50.00% Strong Buy, 16.67% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 27.27% Strong Buy, 18.18% Buy, 54.55% Hold, 0% Sell, 0% Strong Sell.

What is Renasant’s EPS forecast?

Renasant's average annual EPS forecast for its fiscal year ending in December is 3.24 for 2024, a 25.58% increase from the reported $2.58 in 2023. The prediction for 2025 is $1.66, and $3.15 for 2026.

What is Renasant’s revenue forecast?

Renasant's average annual revenue forecast for its fiscal year ending in December is $667.72M for 2024, a -16.25% decrease from the reported $797.32M in 2023. The forecast for 2025 is $920.1M, and $1.1B for 2026.

What is Renasant’s net income forecast?

For its fiscal year ending in December, Renasant's average annual net income forecast is $195.46M for 2024, reflecting an 35.10% increase from the reported $144.68M in 2023. The projection for 2025 is $85.4M, and $187.38M for 2026.