Trustmark (NASDAQ:TRMK) Stock Price Breaks Below Fifty Day Moving Average - What's Next?

Key Points

• Trustmark shares fell below their 50-day moving average, trading as low as $44.60 and last changing hands near $45.00, while the 200-day average stood at $44.69.
• Third-quarter EPS matched estimates at $1.00 and rose from $0.94 year over year, but revenue of $212.3 million missed forecasts and net income declined sequentially to $58.1 million.
• The company announced a $0.25 quarterly dividend and repurchased about $20.1 million of stock; analysts maintain a “Moderate Buy” consensus with an average price target of $47.38, while Trustmark projects 2026 net interest margin of 3.83%–3.87%.

Trustmark Corporation (NASDAQ:TRMK - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $45.81 and traded as low as $44.60. Trustmark shares last traded at $45.00, with a volume of 850,752 shares traded.

Key Headlines Impacting Trustmark

Here are the key news stories impacting Trustmark this week:

• Positive Sentiment: Trustmark forecast full-year 2026 net interest margin of 3.83% to 3.87%, with fourth-quarter NIM expected to approach 4% following portfolio repositioning. The outlook suggests potential support for future net interest income and profitability. Trustmark forecasts full-year 2026 net interest margin
• Positive Sentiment: The board declared a quarterly cash dividend of $0.25 per share, payable December 15 to shareholders of record December 1. The dividend implies $1.00 in annualized payments and a yield of roughly 2.2%, reinforcing the stock’s income appeal. Trustmark declares quarterly cash dividend
• Positive Sentiment: Trustmark repurchased approximately $20.1 million of common stock during the quarter, adding to the benefit of the dividend for shareholders. Deposits increased 2.7% year over year, while loans held for investment rose 2.4%. Trustmark posts third-quarter 2026 net income
• Neutral Sentiment: Third-quarter EPS was $1.00, matching consensus and increasing from $0.94 a year earlier. Net income reached $58.1 million, up year over year but below the prior quarter’s $63.5 million. Net interest margin was stable at 3.84%. Trustmark third-quarter earnings match estimates
• Negative Sentiment: Revenue of approximately $212.3 million came in below analysts’ $215.0 million estimate, despite rising 2.3% year over year. The revenue shortfall and sequential decline in net income likely contributed to the weaker investor reaction. Trustmark third-quarter earnings and revenue report

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Weiss Ratings upgraded shares of Trustmark from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Friday, August 14th. DA Davidson lifted their price target on shares of Trustmark from $46.00 to $48.00 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Keefe, Bruyette & Woods boosted their price objective on shares of Trustmark from $48.00 to $50.00 and gave the stock a "market perform" rating in a research note on Wednesday, September 16th. Piper Sandler increased their price objective on Trustmark from $45.50 to $47.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Finally, Wall Street Zen raised Trustmark from a "sell" rating to a "hold" rating in a research report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, Trustmark has a consensus rating of "Moderate Buy" and an average price target of $47.38.

Trustmark Stock Down 2.4%

The firm's 50 day moving average price is $45.81 and its two-hundred day moving average price is $44.69. The company has a market cap of $2.61 billion, a P/E ratio of 11.42 and a beta of 0.66. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.87 and a current ratio of 0.89.

Trustmark (NASDAQ:TRMK - Get Free Report) last issued its earnings results on Tuesday, October 27th. The financial services provider reported $1.00 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.00. The business had revenue of $212.26 million for the quarter, compared to analyst estimates of $215.04 million. Trustmark had a net margin of 20.75% and a return on equity of 10.69%. Trustmark's revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.94 earnings per share. Equities research analysts anticipate that Trustmark Corporation will post 3.97 EPS for the current fiscal year.

Trustmark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 1st. This represents a $1.00 annualized dividend and a dividend yield of 2.2%. Trustmark's dividend payout ratio is currently 25.38%.

Institutional Trading of Trustmark

Several large investors have recently made changes to their positions in TRMK. Nykredit A S purchased a new stake in shares of Trustmark during the second quarter valued at approximately $29,000. Rockefeller Capital Management L.P. boosted its position in Trustmark by 1,129.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 848 shares of the financial services provider's stock worth $33,000 after purchasing an additional 779 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in Trustmark in the second quarter worth $39,000. Global Retirement Partners LLC bought a new position in Trustmark in the 2nd quarter valued at $63,000. Finally, EverSource Wealth Advisors LLC grew its stake in Trustmark by 23.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,657 shares of the financial services provider's stock valued at $70,000 after purchasing an additional 314 shares during the period. 67.64% of the stock is currently owned by institutional investors and hedge funds.

About Trustmark

Trustmark Corporation NASDAQ: TRMK is a financial services company headquartered in Jackson, Mississippi. Through its principal subsidiary, Trustmark National Bank, the company provides banking, wealth management and insurance services to individuals, businesses and institutional clients.

Trustmark's banking activities include deposit accounts, consumer and commercial lending, mortgages, treasury management and other financial services. Its wealth management business offers trust, investment management, financial planning and related services, while its insurance operations provide personal and commercial insurance products.

Founded in 1889, Trustmark serves customers through banking and financial services operations in Mississippi, Alabama, Florida, Tennessee and Texas.

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