Connie Engel Sells 1,257 Shares of Renasant (NYSE:RNST) Stock

Posted by George Bondi on Jun 11th, 2026

Renasant Corp (NYSE:RNST – Get Free Report) Director Connie Engel sold 1,257 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $40.90, for a total transaction of $51,411.30. Following the sale, the director owned 15,449 shares in the company, valued at approximately $631,864.10. This trade represents a 7.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Renasant Stock Performance

Renasant stock opened at $41.94 on Thursday. The firm’s fifty day moving average price is $39.78 and its 200-day moving average price is $38.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.89 and a current ratio of 0.90. The stock has a market cap of $3.87 billion, a P/E ratio of 17.40 and a beta of 0.97. Renasant Corp has a fifty-two week low of $33.04 and a fifty-two week high of $42.40.

Renasant (NYSE:RNST – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.09. The firm had revenue of $278.49 million for the quarter, compared to analysts’ expectations of $275.71 million. Renasant had a net margin of 14.47% and a return on equity of 8.17%. During the same quarter last year, the company posted $0.65 EPS. On average, equities research analysts expect that Renasant Corp will post 3.73 earnings per share for the current fiscal year.

Renasant Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.24 per share. This is an increase from Renasant’s previous quarterly dividend of $0.23. The ex-dividend date is Tuesday, June 16th. This represents a $0.96 annualized dividend and a dividend yield of 2.3%. Renasant’s dividend payout ratio is 38.17%.

Analysts Set New Price Targets

Several analysts have recently weighed in on RNST shares. Weiss Ratings restated a “buy (b-)” rating on shares of Renasant in a research report on Friday, June 5th. Hovde Group increased their target price on shares of Renasant from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. TD Cowen reaffirmed a “buy” rating on shares of Renasant in a report on Thursday, April 30th. Finally, Wall Street Zen raised shares of Renasant from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $45.50.

View Our Latest Analysis on Renasant

Institutional Investors Weigh In On Renasant

A number of large investors have recently added to or reduced their stakes in RNST. Channing Capital Management LLC bought a new stake in Renasant in the 3rd quarter worth $60,815,000. Principal Financial Group Inc. grew its holdings in Renasant by 178.5% in the 1st quarter. Principal Financial Group Inc. now owns 1,261,160 shares of the company’s stock worth $45,566,000 after acquiring an additional 808,316 shares during the last quarter. State Street Corp grew its holdings in Renasant by 14.1% in the 2nd quarter. State Street Corp now owns 4,812,696 shares of the company’s stock worth $172,920,000 after acquiring an additional 595,609 shares during the last quarter. Deprince Race & Zollo Inc. grew its holdings in Renasant by 76.8% in the 1st quarter. Deprince Race & Zollo Inc. now owns 976,243 shares of the company’s stock worth $35,272,000 after acquiring an additional 423,963 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in Renasant by 4,534.6% in the 4th quarter. SG Americas Securities LLC now owns 413,173 shares of the company’s stock worth $14,552,000 after acquiring an additional 404,258 shares during the last quarter. Institutional investors own 77.31% of the company’s stock.

About Renasant

(Get Free Report)

Renasant Corporation operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. It operates through three segments: Community Banks, Insurance, and Wealth Management. The Community Banks segment offers checking and savings accounts, business and personal loans, asset-based lending, and equipment leasing services, as well as safe deposit and night depository facilities. It also provides commercial, financial, and agricultural loans; equipment financing and leasing; real estate1-4 family mortgage; real estatecommercial mortgage; real estateconstruction loans for the construction of single family residential properties, multi-family properties, and commercial projects; installment loans to individuals; and interim construction loans, as well as automated teller machine (ATM), online and mobile banking, call center, and treasury management services.