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Renasant ( (RNST) ) has provided an update.
Renasant Corporation announced its participation in investor conferences in the first quarter of 2025, highlighting its financial performance and strategic initiatives. The company reported a net income of $41.5 million and noted increases in loans and deposits, while also addressing potential risks and uncertainties related to its operations and market conditions.
The most recent analyst rating on (RNST) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Renasant stock, see the RNST Stock Forecast page.
Spark’s Take on RNST Stock
According to Spark, TipRanks’ AI Analyst, RNST is a Outperform.
Renasant’s strong financial performance and favorable valuation are key strengths, supported by positive merger outcomes and leadership changes. However, technical indicators suggest cautious momentum, and economic uncertainty poses a risk to sustained growth.
To see Spark’s full report on RNST stock, click here.
More about Renasant
Renasant Corporation operates in the financial services industry, offering a range of products including consumer finance, commercial finance, asset management, retail banking, factoring, mortgage lending, and auto lending. The company focuses on integrating acquisitions, such as its recent merger with The First Bancshares, Inc., and expanding its market presence.
Average Trading Volume: 1,019,178
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.37B
Find detailed analytics on RNST stock on TipRanks’ Stock Analysis page.