Renasant Stock Cash Per Share

RNST Stock  USD 38.62  0.72  1.90%   
Renasant fundamentals help investors to digest information that contributes to Renasant's financial success or failures. It also enables traders to predict the movement of Renasant Stock. The fundamental analysis module provides a way to measure Renasant's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renasant stock.
Last ReportedProjected for Next Year
Cash Per Share 30.72  17.48 
Cash Per Share is likely to drop to 17.48 in 2024.
  
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Renasant Company Cash Per Share Analysis

Renasant's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Renasant Cash Per Share

    
  18.62 X  
Most of Renasant's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Renasant is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Renasant Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Renasant is extremely important. It helps to project a fair market value of Renasant Stock properly, considering its historical fundamentals such as Cash Per Share. Since Renasant's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Renasant's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Renasant's interrelated accounts and indicators.
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Renasant Cash Per Share Historical Pattern

Today, most investors in Renasant Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Renasant's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Renasant cash per share as a starting point in their analysis.
   Renasant Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Renasant Common Stock Shares Outstanding

Common Stock Shares Outstanding

28.6 Million

At this time, Renasant's Common Stock Shares Outstanding is comparatively stable compared to the past year.
In accordance with the recently published financial statements, Renasant has a Cash Per Share of 18.62 times. This is 48.16% lower than that of the Banks sector and significantly higher than that of the Financials industry. The cash per share for all United States stocks is notably lower than that of the firm.

Renasant Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renasant's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Renasant could also be used in its relative valuation, which is a method of valuing Renasant by comparing valuation metrics of similar companies.
Renasant is currently under evaluation in cash per share category among its peers.

Renasant Current Valuation Drivers

We derive many important indicators used in calculating different scores of Renasant from analyzing Renasant's financial statements. These drivers represent accounts that assess Renasant's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renasant's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.1B1.9B2.1B2.1B1.9B2.0B
Enterprise Value2.5B1.7B736.7M2.7B1.8B1.9B

Renasant ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Renasant's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Renasant's managers, analysts, and investors.
Environmental
Governance
Social

Renasant Fundamentals

About Renasant Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renasant's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renasant using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renasant based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Renasant Stock Analysis

When running Renasant's price analysis, check to measure Renasant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.