Renasant Corp (NYSE: RNST) has reported E.P.S. of $1.18 for its third fiscal quarter (ending September 30) versus $0.75 for the same period a year ago. E.P.S. were $3.10 for the latest four quarters through September 30 versus $2.91 for the same period a year ago.
Recent Price Action
Renasant Corp (NYSE: RNST) stock closed at $32.47 on 10/22/24 after a slight gain of 0.2%. NORMAL trading volume accompanied the advance. The stock has declined -1.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
RNST is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Renasant has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Renasant has a slightly positive Power Rating of 67 and a good Appreciation Score of 81, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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