Analyzing Renasant Corporation (RNST) and The Competition

Renasant Corporation (NASDAQ: RNST) is one of 331 public companies in the “Banks” industry, but how does it contrast to its peers? We will compare Renasant Corporation to similar businesses based on the strength of its dividends, institutional ownership, analyst recommendations, valuation, earnings, risk and profitability.

Volatility & Risk

Renasant Corporation has a beta of 1.05, suggesting that its share price is 5% more volatile than the S&P 500. Comparatively, Renasant Corporation’s peers have a beta of 0.78, suggesting that their average share price is 22% less volatile than the S&P 500.

Dividends

Renasant Corporation pays an annual dividend of $0.72 per share and has a dividend yield of 1.7%. Renasant Corporation pays out 32.9% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 34.8% of their earnings in the form of a dividend.

Analyst Ratings

This is a summary of current ratings for Renasant Corporation and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Renasant Corporation 0 2 0 0 2.00
Renasant Corporation Competitors 2086 8261 8364 323 2.36

Renasant Corporation currently has a consensus price target of $43.50, indicating a potential upside of 5.07%. As a group, “Banks” companies have a potential downside of 7.84%. Given Renasant Corporation’s higher possible upside, analysts clearly believe Renasant Corporation is more favorable than its peers.

Valuation and Earnings

This table compares Renasant Corporation and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Renasant Corporation $444.59 million N/A 18.90
Renasant Corporation Competitors N/A N/A 19.49

Renasant Corporation is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Renasant Corporation and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Renasant Corporation 20.44% 8.57% 1.22%
Renasant Corporation Competitors 18.85% 8.84% 0.94%

Institutional & Insider Ownership

62.2% of Renasant Corporation shares are owned by institutional investors. Comparatively, 52.4% of shares of all “Banks” companies are owned by institutional investors. 3.9% of Renasant Corporation shares are owned by company insiders. Comparatively, 10.5% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Renasant Corporation Company Profile

Renasant Corporation is a bank holding company that owns and operates Renasant Bank (the Bank) and Renasant Insurance, Inc. (Renasant Insurance). The Company’s segments include Community Banks, which delivers a range of banking and financial services to individuals and small to medium-sized businesses, including checking and savings accounts, business and personal loans, equipment leasing, as well as safe deposit and night depository facilities; Insurance, which includes a full service insurance agency offering all lines of commercial and personal insurance through major carriers; Wealth Management, which offers a range of fiduciary services that includes the administration and management of trust accounts, including personal and corporate benefit accounts, and custodial accounts, and Other. The Bank has its operations in Mississippi, Tennessee, Alabama, Florida and Georgia. Renasant Insurance has its operations in Mississippi. Renasant Insurance is a subsidiary of the Bank.

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