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Trustmark (TRMK) Stock Price, News & Analysis

$26.20
+0.32 (+1.24%)
(As of 04:00 PM ET)
Compare
Today's Range
$25.57
$26.24
50-Day Range
$19.20
$25.88
52-Week Range
$18.96
$35.64
Volume
245,114 shs
Average Volume
305,426 shs
Market Capitalization
$1.60 billion
P/E Ratio
16.79
Dividend Yield
3.51%
Price Target
$30.00

Trustmark MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.3% Upside
$30.00 Price Target
Short Interest
Bearish
2.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-18.64%
From $2.79 to $2.27 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Finance Sector

497th out of 803 stocks

National Commercial Banks Industry

46th out of 74 stocks


TRMK stock logo

About Trustmark Stock (NASDAQ:TRMK)

Trustmark 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. The company was founded in 1889 and is headquartered in Jackson, Mississippi.

TRMK Stock Price History

TRMK Stock News Headlines

Trustmark Corp TRMK
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Q3 2023 Trustmark Corp Earnings Call
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Trustmark (TRMK) Lags Q3 Earnings Estimates
Southern First (SFST) Beats Q3 Earnings Estimates
Is Trustmark (TRMK) Stock Undervalued Right Now?
Trustmark Corporation: An Opportunity To Be Cautious About
Q2 2023 Trustmark Corp Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
10/24/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/11/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/23/2024

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:TRMK
CUSIP
89840210
Employees
2,738
Year Founded
1913

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$38.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+15.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$71.89 million
Pretax Margin
9.85%

Debt

Sales & Book Value

Annual Sales
$759.32 million
Cash Flow
$3.30 per share
Book Value
$24.48 per share

Miscellaneous

Free Float
60,215,000
Market Cap
$1.58 billion
Optionable
Optionable
Beta
0.84

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Key Executives

  • Mr. Duane Arthur Dewey CFP (Age 64)
    M.A., President, CEO & Director
    Comp: $1.94M
  • Mr. Thomas C. Owens (Age 58)
    Principal Financial Officer & Treasurer
    Comp: $751.08k
  • Mr. Granville Tate Jr. (Age 66)
    Secretary
    Comp: $842.7k
  • Mr. George T. Chambers Jr. (Age 62)
    Principal Accounting Officer
  • Mr. F. Joseph Rein Jr.
    Senior VP & Assistant Secretary
  • Ms. Melanie A. Morgan
    Senior VP & Director of Corporate Communications & Marketing














TRMK Stock Analysis - Frequently Asked Questions

Should I buy or sell Trustmark stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 5 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRMK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRMK, but not buy additional shares or sell existing shares.
View TRMK analyst ratings
or view top-rated stocks.

What is Trustmark's stock price target for 2024?

5 Wall Street research analysts have issued 1-year price targets for Trustmark's stock. Their TRMK share price targets range from $23.00 to $38.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
View analysts price targets for TRMK
or view top-rated stocks among Wall Street analysts.

How have TRMK shares performed in 2023?

Trustmark's stock was trading at $34.91 at the start of the year. Since then, TRMK shares have decreased by 25.4% and is now trading at $26.03.
View the best growth stocks for 2023 here
.

When is Trustmark's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our TRMK earnings forecast
.

How were Trustmark's earnings last quarter?

Trustmark Co. (NASDAQ:TRMK) announced its quarterly earnings results on Tuesday, October, 24th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.05. The financial services provider had revenue of $194.16 million for the quarter, compared to the consensus estimate of $191.27 million. Trustmark had a net margin of 9.18% and a trailing twelve-month return on equity of 11.35%.

How often does Trustmark pay dividends? What is the dividend yield for Trustmark?

Trustmark declared a quarterly dividend on Tuesday, October 24th. Stockholders of record on Friday, December 1st will be given a dividend of $0.23 per share on Friday, December 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for TRMK
.

Is Trustmark a good dividend stock?

Trustmark (NASDAQ:TRMK) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.60%. The dividend payout ratio is 58.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRMK will have a dividend payout ratio of 40.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRMK.

What ETFs hold Trustmark's stock?

ETFs with the largest weight of Trustmark (NASDAQ:TRMK) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR) and Invesco S&P SmallCap Low Volatility ETF (XSLV).First Trust NASDAQ ABA Community Bank Index Fund (QABA).

What is Gerard R. (Jerry) Host's approval rating as Trustmark's CEO?

38 employees have rated Trustmark Chief Executive Officer Gerard R. (Jerry) Host on Glassdoor.com. Gerard R. (Jerry) Host has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Trustmark own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Trustmark investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Aegon (AEG), AutoZone (AZO), Marathon Petroleum (MPC), AT&T (T) and BJ's Restaurants (BJRI).

Who are Trustmark's major shareholders?

Trustmark's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (5.81%), Charles Schwab Investment Management Inc. (1.36%), Northern Trust Corp (1.33%), Bank of New York Mellon Corp (1.03%), Principal Financial Group Inc. (1.00%) and Newport Trust Company LLC (0.98%). Insiders that own company stock include Gerard R Host, Harry M Walker, Marcelo L Eduardo, Richard H Puckett 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Trustmark have any subsidiaries?
The following companies are subsidiares of Trustmark: CoreSource, Health Contact Partners, Health Fitness Corporation, Optimal Business Services, Starmark, Trustmark Group, Trustmark Insurance, and Trustmark Voluntary Benefit Solutions.
Read More
This page (NASDAQ:TRMK) was last updated on 12/11/2023 by MarketBeat.com Staff

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