Renasant (NASDAQ:RNST – Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, July 23rd. Analysts expect the company to announce earnings of $0.67 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Renasant (NASDAQ:RNST – Get Free Report) last posted its quarterly earnings results on Tuesday, April 23rd. The financial services provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. Renasant had a net margin of 14.67% and a return on equity of 7.44%. The business had revenue of $254.56 million during the quarter, compared to analysts’ expectations of $159.60 million. During the same quarter in the prior year, the company posted $0.82 EPS. On average, analysts expect Renasant to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Renasant Stock Performance
Renasant stock opened at $35.69 on Monday. The firm has a 50 day simple moving average of $30.43 and a 200-day simple moving average of $30.69. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.93 and a quick ratio of 0.92. Renasant has a 1-year low of $22.99 and a 1-year high of $36.67. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 14.51 and a beta of 1.03.
Wall Street Analyst Weigh In
View Our Latest Research Report on RNST
About Renasant
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. The company operates through Community Banks, Insurance, and Wealth Management segments. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and factoring equipment leasing services, as well as safe deposit and night depository facilities.
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