What is the price-to-earnings ratio of Renasant?
The price-earnings ratio of Renasant is currently 2.43.
Renasant P/S 2024
Renasant P/S
2.43
Ticker
RNST
ISIN
US75970E1073
WKN
A0EAMH
As of Dec 12, 2024, Renasant's P/S ratio stood at 2.43, a 47.27% change from the 1.65 P/S ratio recorded in the previous year.
The Renasant P/S history
Renasant Aktienanalyse
What does Renasant do?
Renasant Corporation is a bank and financial holding company based in Mississippi that offers a diverse range of financial services. The company was founded in 1904 as the Bank of Lee County and has since experienced impressive growth, making it a community center and a major player in the banking industry. Through the acquisition of several financial institutions and strategic alliances, Renasant expanded its presence and product offerings. Today, the holding company consists of several subsidiaries that specialize in various areas of banking services and other financial services. The largest subsidiary of the company, Renasant Bank, offers a wide range of products and services, including personal checking, savings, loans, and credit card services. The bank operates in 10 southern states in the United States and has over 200 branches in Mississippi, Tennessee, Alabama, Arkansas, Georgia, Florida, North Carolina, South Carolina, Texas, and Indiana. In addition to traditional banking services, the company also offers a comprehensive range of insurance products, including life, annuity, and property insurance, as well as a variety of investment funds and asset management services. Renasant Corporation is also involved in real estate financing, capital market transactions, and private banking. The company also provides treasury management, wealth management, and specialized financial services for businesses, individuals, and institutions. Renasant distinguishes itself with a customer-oriented business philosophy, aiming to provide tailored solutions and the best possible service to its customers. The company also offers a comprehensive online platform that allows customers to access their accounts 24/7 from anywhere. Renasant is actively involved in the community, supporting numerous charitable organizations and local initiatives in the communities where it operates. It also strives to have a positive impact on the community through economic involvement and environmental protection. The company is annually recognized as the "Best Retail Bank" by JD Power, a renowned organization that conducts customer ratings of financial institutions. The company is consistently committed to growth and expanding its services. New partnerships, acquisitions, and strategic financial decisions contribute to continuous progress. The promotion of innovation, adaptation to the latest technologies, and the implementation of modern processes demonstrate the company's goals. Renasant is a reliable and reputable provider of financial services with years of experience and a strong commitment to its customers and the community. Renasant ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Renasant's P/S Ratio
Renasant's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Renasant's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Renasant's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Renasant’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Renasant stock
How has the price-earnings ratio of Renasant changed compared to last year?
The price-to-earnings ratio of Renasant has increased by 47.27% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Renasant high compared to other companies?
Yes, the price-to-earnings ratio of Renasant is high compared to other companies.
How does an increase in the price-earnings ratio of Renasant affect the company?
An increase in the price-earnings ratio of Renasant would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Renasant affect the company?
A decrease in the price-earnings ratio of Renasant would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Renasant?
Some factors that influence the price-earnings ratio of Renasant are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Renasant pay?
Over the past 12 months, Renasant paid a dividend of 0.88 USD . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Renasant is expected to pay a dividend of 0.93 USD.
What is the dividend yield of Renasant?
The current dividend yield of Renasant is 2.38 %.
When does Renasant pay dividends?
Renasant pays a quarterly dividend. This is distributed in the months of April, July, October, January.
How secure is the dividend of Renasant?
Renasant paid dividends every year for the past 23 years.
What is the dividend of Renasant?
For the upcoming 12 months, dividends amounting to 0.93 USD are expected. This corresponds to a dividend yield of 2.51 %.
In which sector is Renasant located?
Renasant is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Renasant kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Renasant from 1/1/2025 amounting to 0.22 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.
When did Renasant pay the last dividend?
The last dividend was paid out on 1/1/2025.
What was the dividend of Renasant in the year 2023?
In the year 2023, Renasant distributed 0.88 USD as dividends.
In which currency does Renasant pay out the dividend?
The dividends of Renasant are distributed in USD.
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Andere Kennzahlen von Renasant
Our stock analysis for Renasant Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Renasant Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
