Renasant Corporation announced a quarterly dividend of $0.22 per share, payable on September 30, 2025.
Quiver AI Summary
Renasant Corporation's board of directors has approved a quarterly cash dividend of $0.22 per share, set to be distributed on September 30, 2025, to shareholders recorded by September 16, 2025. Renasant Corporation, the parent company of Renasant Bank, is a well-established financial services institution with approximately $26.6 billion in assets, operating 300 offices across the Southeast and offering services nationwide, including banking, lending, mortgage, and wealth management. For further details, stakeholders can visit Renasant’s websites.
Potential Positives
- The board approved a quarterly cash dividend of $0.22 per share, indicating a commitment to returning value to shareholders.
- This dividend payment reflects the financial health and stability of Renasant Corporation, as it is able to distribute earnings to shareholders.
- Renasant operates 300 banking and financial offices, showcasing a significant presence in the Southeast, which could contribute to future growth opportunities.
Potential Negatives
- The dividend amount of $0.22 per share may be perceived as low, potentially disappointing investors who were expecting a higher return.
FAQ
What is the amount of the quarterly cash dividend approved by Renasant Corporation?
Renasant Corporation approved a quarterly cash dividend of twenty-two cents ($0.22) per share.
When will the dividend be paid to shareholders?
The dividend will be paid on September 30, 2025.
What is the record date for Renasant's dividend payment?
The record date for the dividend payment is September 16, 2025.
What type of services does Renasant Corporation offer?
Renasant Corporation offers banking, lending, mortgage, wealth management, factoring, and asset-based lending services.
Where can I find more information about Renasant Corporation?
More information can be found at www.renasantbank.com or on Renasant’s IR site at www.renasant.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RNST Insider Trading Activity
$RNST insiders have traded $RNST stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $RNST stock by insiders over the last 6 months:
- JONATHAN A LEVY purchased 2,000 shares for an estimated $71,288
- KELLY HUTCHESON (EVP/Chief Accounting Officer) sold 1,310 shares for an estimated $48,103
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RNST Hedge Fund Activity
We have seen 169 institutional investors add shares of $RNST stock to their portfolio, and 107 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 4,214,060 shares (+45.3%) to their portfolio in Q2 2025, for an estimated $151,411,175
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,561,406 shares (+inf%) to their portfolio in Q2 2025, for an estimated $92,031,317
- VANGUARD GROUP INC added 2,062,864 shares (+23.5%) to their portfolio in Q2 2025, for an estimated $74,118,703
- INVESCO LTD. added 1,739,786 shares (+365.6%) to their portfolio in Q2 2025, for an estimated $62,510,510
- DIMENSIONAL FUND ADVISORS LP added 1,472,446 shares (+37.6%) to their portfolio in Q2 2025, for an estimated $52,904,984
- WELLINGTON MANAGEMENT GROUP LLP added 977,597 shares (+61.4%) to their portfolio in Q2 2025, for an estimated $35,125,060
- GEODE CAPITAL MANAGEMENT, LLC added 714,972 shares (+48.0%) to their portfolio in Q2 2025, for an estimated $25,688,943
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RNST Analyst Ratings
Wall Street analysts have issued reports on $RNST in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Keefe, Bruyette & Woods issued a "Outperform" rating on 05/06/2025
- Raymond James issued a "Strong Buy" rating on 04/24/2025
To track analyst ratings and price targets for $RNST, check out Quiver Quantitative's $RNST forecast page.
$RNST Price Targets
Multiple analysts have issued price targets for $RNST recently. We have seen 2 analysts offer price targets for $RNST in the last 6 months, with a median target of $41.5.
Here are some recent targets:
- Catherine Mealor from Keefe, Bruyette & Woods set a target price of $43.0 on 05/06/2025
- Michael Rose from Raymond James set a target price of $40.0 on 04/24/2025
Full Release
TUPELO, Miss., Aug. 18, 2025 (GLOBE NEWSWIRE) -- The board of directors of Renasant Corporation (NYSE: RNST) approved the payment of a quarterly cash dividend of twenty-two cents ($0.22) per share to be paid September 30, 2025, to shareholders of record as of September 16, 2025.
ABOUT RENASANT CORPORATION
:
Renasant Corporation is the parent of Renasant Bank, a 121-year-old financial services institution. Renasant has assets of approximately $26.6 billion and operates 300 banking, lending, mortgage and wealth management offices throughout the Southeast and offers factoring and asset-based lending on a nationwide basis. For more information, please visit
www.renasantbank.com
or Renasant’s IR site at
www.renasant.com
.
| Contacts: | For Media: | For Financials: | ||
| John S. Oxford | James C. Mabry IV | |||
| Senior Vice President | Executive Vice President | |||
| Chief Marketing Officer | Chief Financial Officer | |||
| (662) 680-1219 | (662) 680-1281 | |||
| [email protected] | [email protected] |
