Renasant Stock Net Income
| RNST Stock | USD 29.80 1.03 3.58% |
Renasant fundamentals help investors to digest information that contributes to Renasant's financial success or failures. It also enables traders to predict the movement of Renasant Stock. The fundamental analysis module provides a way to measure Renasant's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renasant stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 144.7 M | 151.9 M | |
| Net Income Applicable To Common Shares | 191 M | 200.5 M | |
| Net Income From Continuing Ops | 162.8 M | 131.3 M | |
| Net Income Per Share | 2.58 | 2.71 | |
| Net Income Per E B T | 0.82 | 0.58 |
Renasant | Net Income |
Renasant Company Net Income Analysis
Renasant's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Renasant Net Income | 144.68 M |
Most of Renasant's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renasant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Renasant Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Renasant is extremely important. It helps to project a fair market value of Renasant Stock properly, considering its historical fundamentals such as Net Income. Since Renasant's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Renasant's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Renasant's interrelated accounts and indicators.
Renasant Net Income Historical Pattern
Today, most investors in Renasant Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Renasant's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Renasant net income as a starting point in their analysis.
Renasant Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Renasant Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Renasant reported net income of 144.68 M. This is 88.67% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 74.66% higher than that of the company.
Renasant Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renasant's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renasant could also be used in its relative valuation, which is a method of valuing Renasant by comparing valuation metrics of similar companies.Renasant is currently under evaluation in net income category among related companies.
Renasant Current Valuation Drivers
We derive many important indicators used in calculating different scores of Renasant from analyzing Renasant's financial statements. These drivers represent accounts that assess Renasant's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renasant's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.1B | 1.9B | 2.1B | 2.1B | 1.9B | 2.0B | |
| Enterprise Value | 2.5B | 1.7B | 736.7M | 2.7B | 1.8B | 1.9B |
Renasant Institutional Holders
Institutional Holdings refers to the ownership stake in Renasant that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Renasant's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Renasant's value.| Shares | Frontier Capital Management Co Inc | 2023-12-31 | 744.3 K | Ameriprise Financial Inc | 2023-12-31 | 724.6 K | Northern Trust Corp | 2023-12-31 | 705.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 571.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 519.9 K | Nuveen Asset Management, Llc | 2023-12-31 | 461.7 K | Manufacturers Life Insurance Co | 2023-12-31 | 449.2 K | Bank Of America Corp | 2023-12-31 | 415.9 K | Norges Bank | 2023-12-31 | 399.9 K | Blackrock Inc | 2023-12-31 | 8.2 M | Vanguard Group Inc | 2023-12-31 | 6.4 M |
Renasant Fundamentals
| Return On Equity | 0.0653 | ||||
| Return On Asset | 0.0084 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 1.66 B | ||||
| Shares Outstanding | 56.22 M | ||||
| Shares Owned By Insiders | 2.28 % | ||||
| Shares Owned By Institutions | 78.33 % | ||||
| Number Of Shares Shorted | 1.17 M | ||||
| Price To Earning | 16.30 X | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 2.62 X | ||||
| Revenue | 631.78 M | ||||
| Gross Profit | 606.76 M | ||||
| EBITDA | 177.19 M | ||||
| Net Income | 144.68 M | ||||
| Cash And Equivalents | 1.04 B | ||||
| Cash Per Share | 18.62 X | ||||
| Total Debt | 729.4 M | ||||
| Debt To Equity | 6.65 % | ||||
| Book Value Per Share | 40.92 X | ||||
| Cash Flow From Operations | 148.55 M | ||||
| Short Ratio | 2.25 X | ||||
| Earnings Per Share | 2.56 X | ||||
| Price To Earnings To Growth | 1.80 X | ||||
| Target Price | 35.0 | ||||
| Number Of Employees | 2.3 K | ||||
| Beta | 1.04 | ||||
| Market Capitalization | 1.68 B | ||||
| Total Asset | 17.36 B | ||||
| Retained Earnings | 952.12 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.47 % | ||||
| Net Asset | 17.36 B | ||||
| Last Dividend Paid | 0.88 |
About Renasant Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renasant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renasant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renasant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Renasant in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Renasant's short interest history, or implied volatility extrapolated from Renasant options trading.
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When determining whether Renasant is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Renasant Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Renasant Stock. Highlighted below are key reports to facilitate an investment decision about Renasant Stock:Check out Renasant Piotroski F Score and Renasant Altman Z Score analysis. For more information on how to buy Renasant Stock please use our How to Invest in Renasant guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Renasant Stock analysis
When running Renasant's price analysis, check to measure Renasant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.
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Is Renasant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Renasant. If investors know Renasant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Renasant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Dividend Share 0.88 | Earnings Share 2.56 | Revenue Per Share 10.995 | Quarterly Revenue Growth (0.09) |
The market value of Renasant is measured differently than its book value, which is the value of Renasant that is recorded on the company's balance sheet. Investors also form their own opinion of Renasant's value that differs from its market value or its book value, called intrinsic value, which is Renasant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Renasant's market value can be influenced by many factors that don't directly affect Renasant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Renasant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Renasant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Renasant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.