Renasant Story

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RNST -- USA Stock  

USD 21.96  0.59  2.76%

Renasant Invested Capital Average is comparatively stable at the moment as compared to the past year. Renasant reported Invested Capital Average of 8.8 Billion in 2019. Market Capitalization is likely to grow to about 1.7 B in 2020, whereas Total Assets Per Share are likely to drop 204.95 in 2020. Renasant is scheduled to announce its earnings today. The next earnings report is expected on the 19th of October 2020. While many fundamental traders are getting carried away by overanalyzing balance sheets and income statements, it is reasonable to review Renasant against its basic efficiency ratios. We will cover the possibilities of making Renasant into a steady grower in August. Will private investors continue to hold, or should we expect a sell-off?
Published over two months ago
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Should you pay attention to changing Renasant (NASDAQ:RNST) fundamentals?
Renasant is UNDERVALUED at 25.67 per share with modest projections ahead. Renasant maintains Sharpe Ratio (i.e. Efficiency) of -0.0151, which implies the firm had -0.0151% of return per unit of risk over the last month. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Renasant exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Renasant Risk Adjusted Performance of 0.0664, semi deviation of 3.5, and Coefficient Of Variation of 2754.38 to confirm the risk estimate we provide.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Renasant income statement, its balance sheet, and the statement of cash flows. Potential Renasant investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Renasant investors may use each financial statement separately, they are all related. The changes in Renasant's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Renasant's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages. The goal of Renasant fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Renasant performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Renasant shares is the value that is considered the true value of the share. If the intrinsic value Renasant is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Renasant. Please read more on our fundamental analysis page.

Are Renasant Earnings Expected to grow?

The future earnings power of Renasant involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Renasant factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Renasant stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Renasant expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Renasant earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Renasant dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Renasant one year expected dividend income is about $0.51 per share.
Dividend Yield is likely to gain to 0.0275 in 2020, whereas Payment of Dividends and Other Cash Distributions is likely to drop (35.1 M) in 2020.
Last ReportedProjected for 2020
Payment of Dividends and Other Cash Distributions-34.2 M-35.1 M
Dividend Yield 0.0196  0.0275 
Dividends per Basic Common Share 0.64  0.60 
Investing in dividend-paying stocks, such as Renasant is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Renasant must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Renasant. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Renasant, but it might be worth checking our own buy vs. sell analysis

Renasant Gross Profit

Renasant Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Renasant previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Renasant Gross Profit growth over the last 10 years. Please check Gross Profit in more details.

Another Deeper Perspective

Institutional investors typically avoid acquiring a high percentage of Renasant stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Renasant is distributed among investors.

Ownership Allocation

Renasant owns a total of fifty-six million one hundred sixty thousand outstanding shares. Over half of Renasant outstanding shares are owned by third-party entities. These third-party entities are typically referred to corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Renasant. Please watch out for any change in the institutional holdings of Renasant as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Retail Investors
26.72%
Institutions
69.82%
Retail Investors26.72
Insiders3.46
Institutions69.82

Renasant is projected to stay under $24 in August

Newest maximum drawdown is at 18.89. Renasant shows above-average downside volatility for the selected time horizon. We advise investors to inspect Renasant further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Renasant future alpha.

Our Final Take On Renasant

Whereas many other companies in the banks?regional industry are either recovering or due for a correction, Renasant may not be as strong as the others in terms of longer-term growth potentials. To sum up, as of the 27th of July 2020, our primary 30 days Buy-Hold-Sell recommendation on the firm is Cautious Hold. We believe Renasant is undervalued with close to average probability of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Renasant. Please refer to our Terms of Use for any information regarding our disclosure principles.

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