NASDAQ:TRMK Trustmark (TRMK) Stock Price, News & Analysis $32.72 -0.88 (-2.62%) (As of 09/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Trustmark alerts: Email Address About Trustmark Stock (NASDAQ:TRMK) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Trustmark alerts:Sign Up Key Stats Today's Range$32.41▼$33.4050-Day Range$30.66▼$35.4252-Week Range$18.96▼$35.72Volume1.05 million shsAverage Volume280,960 shsMarket Capitalization$2.00 billionP/E Ratio12.73Dividend Yield2.81%Price Target$34.50Consensus RatingHold Company OverviewTrustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; financing for commercial and industrial projects, income-producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit, as well as treasury management services. The company also provides mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing. In addition, it provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. Further, the company offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.Read More… Must-Know for Trading Options (Ad)Options are becoming increasingly popular among investors – with demand hitting record highs for 3 years in a row! But – knowing what the options trading landscape looks like, and what you're up against is a must.So make sure you claim your free seat by clicking here now. Trustmark Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 42nd PercentileTrustmark scored higher than 42% of companies evaluated by MarketBeat, and ranked 646th out of 905 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.1 / 5Analyst RatingHold Consensus RatingTrustmark has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageTrustmark has only been the subject of 2 research reports in the past 90 days.Read more about Trustmark's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth5.12% Earnings GrowthEarnings for Trustmark are expected to grow by 5.12% in the coming year, from $2.93 to $3.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 12.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 12.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 35.77.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Trustmark's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.40% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Trustmark has recently decreased by 2.04%, indicating that investor sentiment is improving. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldTrustmark pays a meaningful dividend of 2.95%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTrustmark does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Trustmark is 35.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Trustmark will have a dividend payout ratio of 29.87% next year. This indicates that Trustmark will be able to sustain or increase its dividend.Read more about Trustmark's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.40% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 6.3.Change versus previous monthShort interest in Trustmark has recently decreased by 2.04%, indicating that investor sentiment is improving. News and Social Media2.1 / 5News Sentiment0.70 News SentimentTrustmark has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Trustmark this week, compared to 2 articles on an average week. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Trustmark insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of Trustmark is held by insiders.Percentage Held by Institutions67.64% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Trustmark's insider trading history. Receive TRMK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Trustmark and its competitors with MarketBeat's FREE daily newsletter. Email Address TRMK Stock News Headlines3 US Stocks That May Be Trading Below Their Estimated ValueSeptember 18 at 7:25 PM | finance.yahoo.comThree Undervalued US Stocks To Watch In September 2024September 18 at 8:49 AM | finance.yahoo.comForget Trump and KamalaI hope you're deleting all those emails telling you how to make "1,000% gains" from the magic "Kamala Trade". It's nonsense. No one knows what's going to happen in November.September 20, 2024 | Investors Alley (Ad)Trustmark Co. (NASDAQ:TRMK) Receives $35.00 Average Target Price from AnalystsSeptember 12, 2024 | americanbankingnews.comTrustmark Corp (TRMK) Shares Gap Down to $30.725 on Sep 11September 11, 2024 | gurufocus.comIt Might Not Be A Great Idea To Buy Trustmark Corporation (NASDAQ:TRMK) For Its Next DividendAugust 25, 2024 | finance.yahoo.comChart of the Day: Trustmark - Great Southern Regional BankJuly 29, 2024 | msn.comThe Consensus EPS Estimates For Trustmark Corporation (NASDAQ:TRMK) Just Fell DramaticallyJuly 27, 2024 | finance.yahoo.comSee More Headlines TRMK Stock Analysis - Frequently Asked Questions How have TRMK shares performed this year? Trustmark's stock was trading at $27.88 at the start of the year. Since then, TRMK shares have increased by 17.4% and is now trading at $32.72. View the best growth stocks for 2024 here. How were Trustmark's earnings last quarter? Trustmark Co. (NASDAQ:TRMK) issued its quarterly earnings data on Tuesday, July, 23rd. The financial services provider reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.03. The financial services provider had revenue of $283.96 million for the quarter, compared to analyst estimates of $229.83 million. Trustmark had a net margin of 16.24% and a trailing twelve-month return on equity of 9.32%. Does Trustmark have any subsidiaries? The following companies are subsidiaries of Trustmark: CoreSource, Health Contact Partners, Health Fitness Corporation, Optimal Business Services, Starmark, Trustmark Group, Trustmark Insurance, and Trustmark Voluntary Benefit Solutions. Who are Trustmark's major shareholders? Trustmark's top institutional investors include Dimensional Fund Advisors LP (6.62%), Earnest Partners LLC (5.62%), American Century Companies Inc. (1.61%) and Bank of New York Mellon Corp (1.12%). Insiders that own company stock include Richard H Puckett, Marcelo L Eduardo and Tracy T Conerly. View institutional ownership trends. How do I buy shares of Trustmark? Shares of TRMK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Trustmark own? Based on aggregate information from My MarketBeat watchlists, some other companies that Trustmark investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Aegon (AEG) and AutoZone (AZO). Company Calendar Last Earnings7/23/2024Ex-Dividend for 9/15 Dividend8/30/2024Dividend Payable9/15/2024Today9/20/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:TRMK CUSIP89840210 CIK36146 Webwww.trustmark.com Phone(601) 208-5111Fax601-961-6016Employees2,757Year Founded1913Price Target and Rating Average Stock Price Target$35.00 High Stock Price Target$38.00 Low Stock Price Target$29.00 Potential Upside/Downside+5.7%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio12.88 Forward P/E Ratio11.30 P/E GrowthN/ANet Income$165.49 million Net Margins16.24% Pretax Margin0.11% Return on Equity9.32% Return on Assets0.86% Debt Debt-to-Equity Ratio0.10 Current Ratio0.87 Quick Ratio0.86 Sales & Book Value Annual Sales$481.23 million Price / Sales4.21 Cash Flow$3.68 per share Price / Cash Flow8.99 Book Value$27.21 per share Price / Book1.22Miscellaneous Outstanding Shares61,202,000Free Float60,284,000Market Cap$2.03 billion OptionableOptionable Beta0.74 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. 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