Renasant (RNST) Competitors

$29.47
-0.38 (-1.27%)
(As of 04/29/2024 ET)

RNST vs. OFG, LOB, LKFN, FBK, BANR, HTLF, EFSC, HTH, TOWN, and FBNC

Should you be buying Renasant stock or one of its competitors? The main competitors of Renasant include OFG Bancorp (OFG), Live Oak Bancshares (LOB), Lakeland Financial (LKFN), FB Financial (FBK), Banner (BANR), Heartland Financial USA (HTLF), Enterprise Financial Services (EFSC), Hilltop (HTH), TowneBank (TOWN), and First Bancorp (FBNC). These companies are all part of the "state commercial banks" industry.

Renasant vs.

Renasant (NASDAQ:RNST) and OFG Bancorp (NYSE:OFG) are both small-cap finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, community ranking, valuation, analyst recommendations, media sentiment, dividends, profitability and risk.

Renasant pays an annual dividend of $0.88 per share and has a dividend yield of 3.0%. OFG Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.8%. Renasant pays out 35.8% of its earnings in the form of a dividend. OFG Bancorp pays out 25.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

OFG Bancorp has lower revenue, but higher earnings than Renasant. OFG Bancorp is trading at a lower price-to-earnings ratio than Renasant, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Renasant$910.39M1.82$144.68M$2.4611.98
OFG Bancorp$770.73M2.22$181.87M$3.919.28

Renasant currently has a consensus target price of $33.00, indicating a potential upside of 11.98%. OFG Bancorp has a consensus target price of $40.00, indicating a potential upside of 10.25%. Given Renasant's higher possible upside, equities analysts clearly believe Renasant is more favorable than OFG Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Renasant
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
OFG Bancorp
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

77.3% of Renasant shares are held by institutional investors. Comparatively, 92.7% of OFG Bancorp shares are held by institutional investors. 2.8% of Renasant shares are held by insiders. Comparatively, 2.2% of OFG Bancorp shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Renasant has a beta of 1.03, suggesting that its stock price is 3% more volatile than the S&P 500. Comparatively, OFG Bancorp has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500.

In the previous week, Renasant had 8 more articles in the media than OFG Bancorp. MarketBeat recorded 14 mentions for Renasant and 6 mentions for OFG Bancorp. OFG Bancorp's average media sentiment score of 0.92 beat Renasant's score of 0.70 indicating that OFG Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Renasant
3 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
OFG Bancorp
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Renasant received 78 more outperform votes than OFG Bancorp when rated by MarketBeat users. However, 65.15% of users gave OFG Bancorp an outperform vote while only 57.69% of users gave Renasant an outperform vote.

CompanyUnderperformOutperform
RenasantOutperform Votes
364
57.69%
Underperform Votes
267
42.31%
OFG BancorpOutperform Votes
286
65.15%
Underperform Votes
153
34.85%

OFG Bancorp has a net margin of 23.00% compared to Renasant's net margin of 14.67%. OFG Bancorp's return on equity of 16.10% beat Renasant's return on equity.

Company Net Margins Return on Equity Return on Assets
Renasant14.67% 7.44% 0.98%
OFG Bancorp 23.00%16.10%1.73%

Summary

OFG Bancorp beats Renasant on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RNST and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RNST vs. The Competition

MetricRenasantState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$1.66B$2.30B$8.65B$7.60B
Dividend Yield2.95%4.29%10.70%3.95%
P/E Ratio11.9811.4255.8919.22
Price / Sales1.821.98311.3888.44
Price / Cash7.878.3715.8927.95
Price / Book0.721.012.394.28
Net Income$144.68M$415.84M$1.01B$213.46M
7 Day Performance-3.50%-1.18%-0.22%0.69%
1 Month Performance-5.91%-3.12%-2.50%-5.13%
1 Year Performance4.80%9.94%12.30%7.25%

Renasant Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OFG
OFG Bancorp
3.3152 of 5 stars
$36.26
+1.6%
$40.00
+10.3%
+41.9%$1.71B$770.73M9.272,248Short Interest ↑
LOB
Live Oak Bancshares
3.6563 of 5 stars
$39.26
+2.2%
$41.50
+5.7%
+41.9%$1.76B$800.01M23.94943
LKFN
Lakeland Financial
3.2774 of 5 stars
$62.90
+2.5%
$74.00
+17.6%
+16.8%$1.63B$393.12M17.23608
FBK
FB Financial
3.8473 of 5 stars
$38.66
+2.7%
$39.43
+2.0%
+25.8%$1.81B$748.95M16.241,591
BANR
Banner
4.0857 of 5 stars
$46.05
+1.8%
$51.20
+11.2%
-10.8%$1.58B$745.98M9.571,966Short Interest ↓
HTLF
Heartland Financial USA
4.0408 of 5 stars
$35.92
+2.4%
$39.80
+10.8%
+26.3%$1.54B$932.87M21.251,970Upcoming Earnings
Dividend Announcement
Short Interest ↑
News Coverage
Gap Up
EFSC
Enterprise Financial Services
4.2421 of 5 stars
$39.20
-1.3%
$49.33
+25.9%
-10.8%$1.47B$833.64M7.721,221Dividend Increase
Short Interest ↑
HTH
Hilltop
4.6219 of 5 stars
$30.50
+0.5%
$32.00
+4.9%
-3.9%$1.99B$1.13B17.843,800Short Interest ↑
TOWN
TowneBank
4.1135 of 5 stars
$27.82
+1.6%
$29.00
+4.2%
+10.8%$2.02B$941.58M13.442,784Earnings Report
FBNC
First Bancorp
2.1819 of 5 stars
$34.11
+2.7%
$33.00
-3.3%
+0.8%$1.40B$546.25M13.481,445

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This page (NASDAQ:RNST) was last updated on 4/30/2024 by MarketBeat.com Staff

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