Renasant traded at $38.81 this Monday February 23rd, decreasing $1.68 or 4.15 percent since the previous trading session. Looking back, over the last four weeks, Renasant lost 4.13 percent. Over the last 12 months, its price rose by 7.15 percent. Looking ahead, we forecast Renasant to be priced at 39.23 by the end of this quarter and at 35.70 in one year, according to Trading Economics global macro models projections and analysts expectations.
Renasant Corporation is a bank holding company that owns and operates Renasant Bank and Renasant Insurance, Inc. The Company's segments include Community Banks, Insurance and Wealth Management. The Community Banks segment delivers a range of banking and financial services to individuals and small to medium-size businesses, including checking and savings accounts, business and personal loans, asset-based lending and equipment leasing, as well as safe deposit and night depository facilities. The Insurance segment includes a service insurance agency, which offers a line of commercial and personal insurance through carriers. The Wealth Management segment, through the Trust division, offers a range of fiduciary services, including the administration of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts and custodial accounts, as well as accounting and money management for trust accounts.