Renasant (NYSE:RNST) Announces Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Renasant (NYSE:RNST) posted its quarterly earnings data on Tuesday. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.08), FiscalAI reports. The company had revenue of $272.96 million for the quarter, compared to analyst estimates of $282.34 million. During the same period last year, the company earned $0.77 earnings per share.

Renasant Trading Down 0.4%

Renasant stock opened at $41.60 on Wednesday. Renasant has a 12-month low of $33.04 and a 12-month high of $44.54. The firm’s fifty day moving average is $40.44 and its 200 day moving average is $40.13.

Renasant Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Wednesday, September 16th.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. TD Cowen reduced their price target on shares of Renasant from $49.00 to $46.00 and set a “buy” rating on the stock in a research note on Monday, October 5th. Weiss Ratings upgraded shares of Renasant from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Finally, Piper Sandler increased their price objective on shares of Renasant from $46.00 to $48.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $46.67.

Insider Activity at Renasant

In other news, Director Edward Mcgraw sold 35,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $43.88, for a total transaction of $1,535,800.00. Following the transaction, the director directly owned 211,458 shares of the company’s stock, valued at $9,278,777.04. This represents a 14.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.07% of the stock is currently owned by corporate insiders.

Renasant News Summary

Here are the key news stories impacting Renasant this week:

• Positive Sentiment: Renasant agreed to acquire Commercial Holding Company, a deal intended to expand its West Tennessee franchise and add more than $900 million in low-cost, core deposits. The transaction could strengthen RNST’s funding base, broaden its customer reach and create opportunities for future loan growth. Renasant Corporation to Acquire Commercial Holding Company
• Neutral Sentiment: Third-quarter adjusted earnings increased to $0.86 per share from $0.77 a year earlier, indicating year-over-year profit growth. However, the increase was not sufficient to meet market expectations. Renasant Corporation Q3 Adjusted EPS
• Negative Sentiment: Renasant reported third-quarter EPS of $0.86, missing the $0.94 consensus estimate by $0.08. Revenue of approximately $272.7 million to $273.0 million also fell short of analysts’ $282.3 million forecast. The simultaneous earnings and revenue misses could pressure RNST as investors reassess near-term operating momentum. Renasant Lags Q3 Earnings and Revenue Estimates
• Negative Sentiment: The results suggest that, despite year-over-year EPS growth, revenue performance and profitability were weaker than Wall Street expected. Investors will likely focus on management’s outlook, the quality of loan growth and whether the Commercial Holding acquisition can offset the earnings disappointment. Renasant Corporation Announces Third-Quarter 2026 Earnings

About Renasant

Renasant Corporation is a financial services holding company headquartered in Tupelo, Mississippi. Through its principal subsidiary, Renasant Bank, the company provides banking and related financial services to individuals, families, small businesses, commercial clients and other organizations.

Renasant Bank offers deposit accounts, consumer and commercial lending, residential mortgages, treasury management and other business banking services. Its broader offerings also include wealth management, trust and investment services, financial planning and insurance-related solutions.

Renasant traces its banking history to 1904 and has expanded through organic growth and acquisitions.