With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.49 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $38.07 whereas the lowest price it dropped to was $36.95. The 52-week range on RNST shows that it touched its highest point at $38.77 and its lowest point at $25.07 during that stretch. It currently has a 1-year price target of $39.14. With its current market cap of 2.35 billion, RNST has annualized dividend of $0.88 while the current yield stands at 2.38%. Beta for the stock currently stands at 1.04.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RNST was down-trending over the past week, with a drop of -3.06%, but this was up by 10.44% over a month. Three-month performance surged to 14.48% while six-month performance rose 18.58%. The stock gained 43.06% in the past year, while it has gained 9.89% so far this year. A look at the trailing 12-month EPS for RNST yields 3.05 with Next year EPS estimates of 1.59. For the next quarter, that number is 0.57. This implies an EPS growth rate of 25.84% for this year and -50.55% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.69%.
Float and Shares Shorts:
At present, 56.14 million RNST shares are outstanding with a float of 55.06 million shares on hand for trading. On 2024-10-31, short shares totaled 3.46 million, which was 544.0 higher than short shares on 1727654400. In addition to Mr. Edward Robinson McGraw as the firm’s Executive Chairman of the Board, Mr. C. Mitchell Waycaster serves as its CEO & Executive Vice Chairman.
Institutional Ownership:
Through their ownership of 0.75899005 of RNST’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RNST since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RNST analysts setting a high price target of 41.0 and a low target of 37.0, the average target price over the next 12 months is 39.14286. Based on these targets, RNST could surge 10.78% to reach the target high and fall by -0.03% to reach the target low. Reaching the average price target will result in a growth of 5.76% from current levels.
Analysts have provided yearly estimates in a range of $3.29464 being high and $3.17262 being low. For RNST, this leads to a yearly average estimate of $3.22143. The surprise factor in the prior quarter was $0.66. Based on analyst estimates, the high estimate for the next quarter is $0.64 and the low estimate is $0.45. The average estimate for the next quarter is thus $0.55.
