Analysts See $0.69 EPS for Renasant (RNST); Chelsea Property Group (CPG) Has 1.28 Sentiment

April 17, 2018 - By Vivian Currie

Renasant Corporation (NASDAQ:RNST) Logo

Chelsea Property Group Inc (CPG) investors sentiment increased to 1.28 in 2017 Q4. It’s up 0.25, from 1.03 in 2017Q3. The ratio has increased, as 68 institutional investors started new or increased positions, while 53 decreased and sold stock positions in Chelsea Property Group Inc. The institutional investors in our database reported: 209.66 million shares, down from 215.30 million shares in 2017Q3. Also, the number of institutional investors holding Chelsea Property Group Inc in top ten positions increased from 2 to 5 for an increase of 3. Sold All: 13 Reduced: 40 Increased: 45 New Position: 23.

Analysts expect Renasant Corporation (NASDAQ:RNST) to report $0.69 EPS on April, 24 after the close.They anticipate $0.14 EPS change or 25.45% from last quarter’s $0.55 EPS. RNST’s profit would be $34.08 million giving it 16.24 P/E if the $0.69 EPS is correct. After having $0.64 EPS previously, Renasant Corporation’s analysts see 7.81% EPS growth. The stock increased 0.95% or $0.42 during the last trading session, reaching $44.82. About 86,468 shares traded. Renasant Corporation (NASDAQ:RNST) has risen 7.07% since April 17, 2017 and is uptrending. It has underperformed by 4.48% the S&P500.

The stock decreased 2.51% or $0.2 during the last trading session, reaching $7.76. About 1.64M shares traded or 3.55% up from the average. Crescent Point Energy Corp. (CPG) has declined 34.24% since April 17, 2017 and is downtrending. It has underperformed by 45.79% the S&P500.

Lincluden Management Ltd holds 3.83% of its portfolio in Crescent Point Energy Corp. for 7.08 million shares. Portland Investment Counsel Inc. owns 525,323 shares or 3.79% of their US portfolio. Moreover, Teachers Insurance & Annuity Association Of America has 2.72% invested in the company for 6.98 million shares. The Ontario – Canada-based Scheer Rowlett & Associates Investment Management Ltd. has invested 2.03% in the stock. K.J. Harrison & Partners Inc, a Ontario – Canada-based fund reported 766,211 shares.

Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company has market cap of $4.09 billion. The company's natural gas and crude oil properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah. It currently has negative earnings.

Analysts await Crescent Point Energy Corp. (NYSE:CPG) to report earnings on May, 3 before the open. They expect $0.06 EPS, down 33.33% or $0.03 from last year’s $0.09 per share. CPG’s profit will be $31.65 million for 32.33 P/E if the $0.06 EPS becomes a reality. After $-0.05 actual EPS reported by Crescent Point Energy Corp. for the previous quarter, Wall Street now forecasts -220.00% EPS growth.

Among 7 analysts covering Renasant (NASDAQ:RNST), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Renasant had 21 analyst reports since October 22, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, November 28. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with “Hold”. Hilliard Lyons upgraded the stock to “Buy” rating in Friday, February 9 report. The company was maintained on Wednesday, July 19 by Stephens. The stock of Renasant Corporation (NASDAQ:RNST) has “Buy” rating given on Thursday, April 28 by Hilliard Lyons. Keefe Bruyette & Woods downgraded the stock to “Mkt Perform” rating in Tuesday, November 29 report. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The rating was maintained by Jefferies on Friday, August 11 with “Hold”. The stock of Renasant Corporation (NASDAQ:RNST) earned “Long-Term Buy” rating by Hilliard Lyons on Thursday, January 21. The firm has “Hold” rating given on Thursday, January 4 by Sandler O’Neill.

Renasant Corporation operates as a bank holding firm for Renasant Bank, which provides various financial, fiduciary, and insurance services to retail and commercial customers. The company has market cap of $2.21 billion. It operates through three divisions: Community Banks, Insurance, and Wealth Management. It has a 22.87 P/E ratio. The Community Banks segment offers checking and savings, money market, individual retirement, and health savings accounts, as well as safe deposit and night depository facilities.

Crescent Point Energy Corp. (NYSE:CPG) Ratings Chart

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By1 Vivian Currie

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