Renasant Corp (NYSE:RNST) shares, rose in value on Friday, July 11, with the stock price down by -0.57% to the previous day’s close as strong demand from buyers drove the stock to $38.52.
Actively observing the price movement in the last trading, the stock closed the session at $38.74, falling within a range of $38.17 and $38.63. The value of beta (5-year monthly) was 0.923 whereas the PE ratio was 12.01 over 12-month period. Referring to stock’s 52-week performance, its high was $39.63, and the low was $26.97. On the whole, RNST has fluctuated by 5.48% over the past month.
With the market capitalization of Renasant Corp currently standing at about $3.66 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-22. The company’s Forward Dividend Ratio is 0.88, with its dividend yield at 2.28%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 975.59M, with a low estimate of 258.4M and a high estimate of 266.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 263.97M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RNST’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of RNST currently trading nearly 5.84% and 8.64% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.60, while the 7-day volatility ratio is showing 1.96% which for the 30-day chart, stands at 2.05%. Furthermore, Renasant Corp (RNST)’s beta value is 0.96.
A comparison of Renasant Corp (RNST) with its peers suggests the former has fared considerably weaker in the market. RNST showed an intraday change of -0.57% in last session, and over the past year, it grew by 7.75%%.
Data on historical trading for Renasant Corp (NYSE:RNST) indicates that the trading volumes over the past 10 days have averaged 0.55 and over the past 3 months, they’ve averaged 700.53K. According to company’s latest data on outstanding shares, there are 95.01 million shares outstanding.
Nearly 1.98% of Renasant Corp’s shares belong to company insiders and institutional investors own 68.34% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.2 million shares as on 2025-06-13, resulting in a short ratio of 7.81. According to the data, the short interest in Renasant Corp (RNST) stood at 534.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 3.76 million. The stock has risen by 26.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RNST stock heading into the next quarter.