Trustmark Stock Price, News & Analysis (NASDAQ:TRMK) $22.59 -0.09 (-0.40%) (As of 11/28/2023 ET) Add Compare Share Share Today's Range$22.39▼$22.8550-Day Range$19.20▼$22.9352-Week Range$18.96▼$36.76Volume360,949 shsAverage Volume236,137 shsMarket Capitalization$1.38 billionP/E Ratio14.48Dividend Yield4.07%Price Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Trustmark MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside32.8% Upside$30.00 Price TargetShort InterestBearish2.85% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-18.64%From $2.79 to $2.27 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 starsFinance Sector188th out of 860 stocksNational Commercial Banks Industry26th out of 82 stocks 3.0 Analyst's Opinion Consensus RatingTrustmark has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, Trustmark has a forecasted upside of 32.8% from its current price of $22.59.Amount of Analyst CoverageTrustmark has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.85% 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.Change versus previous monthShort interest in Trustmark has recently increased by 6.67%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipTrustmark is a leading dividend payer. It pays a dividend yield of 4.01%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTrustmark does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Trustmark is 58.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Trustmark will have a dividend payout ratio of 40.53% next year. This indicates that Trustmark will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRMK. Previous Next 3.8 News and Social Media Coverage News SentimentTrustmark has a news sentiment score of 1.89. 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 is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Trustmark this week, compared to 2 articles on an average week.Search Interest1 people have searched for TRMK on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Trustmark to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Trustmark insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.40% of the stock of Trustmark is held by insiders.Percentage Held by Institutions65.26% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Trustmark are expected to decrease by -18.64% in the coming year, from $2.79 to $2.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 14.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 14.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.00.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More TRMK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRMK Stock News HeadlinesNovember 11, 2023 | morningstar.comTrustmark Corp TRMKOctober 26, 2023 | finance.yahoo.comTrustmark Corporation (NASDAQ:TRMK) Q3 2023 Earnings Call TranscriptNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 26, 2023 | finance.yahoo.comQ3 2023 Trustmark Corp Earnings CallOctober 25, 2023 | seekingalpha.comTrustmark Corporation 2023 Q3 - Results - Earnings Call PresentationOctober 25, 2023 | finance.yahoo.comTrustmark (TRMK) Reports Q3 Earnings: What Key Metrics Have to SayOctober 25, 2023 | finance.yahoo.comTrustmark (TRMK) Reports Q3 Earnings: What Key Metrics Have to SayOctober 24, 2023 | finance.yahoo.comTrustmark Corporation Announces Third Quarter 2023 Financial ResultsNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 24, 2023 | finance.yahoo.comTrustmark (TRMK) Lags Q3 Earnings EstimatesOctober 24, 2023 | finance.yahoo.comTrustmark Corp (TRMK) Q3 2023 Earnings: Solid Loan and Deposit Growth Despite Litigation ExpenseOctober 19, 2023 | finance.yahoo.comSouthern First (SFST) Beats Q3 Earnings EstimatesOctober 17, 2023 | finance.yahoo.comTrustmark (TRMK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 ReleaseOctober 6, 2023 | finance.yahoo.comWith 72% institutional ownership, Trustmark Corporation (NASDAQ:TRMK) is a favorite amongst the big gunsOctober 1, 2023 | bizjournals.comLongtime Regions banker takes executive role at TrustmarkSeptember 29, 2023 | finance.yahoo.comTrustmark Corporation to Announce Third Quarter Financial Results October 24 and Conduct Earnings Conference Call October 25September 28, 2023 | finance.yahoo.comDown -10.06% in 4 Weeks, Here's Why You Should You Buy the Dip in Trustmark (TRMK)September 28, 2023 | finance.yahoo.comIs Trustmark (TRMK) Stock Undervalued Right Now?September 21, 2023 | seekingalpha.comTrustmark Corporation: An Opportunity To Be Cautious AboutAugust 26, 2023 | finance.yahoo.comJust Four Days Till Trustmark Corporation (NASDAQ:TRMK) Will Be Trading Ex-DividendAugust 21, 2023 | finance.yahoo.comTrustmark (NASDAQ:TRMK) Is Paying Out A Dividend Of $0.23August 11, 2023 | finance.yahoo.comEarnings Estimates Moving Higher for Trustmark (TRMK): Time to Buy?July 28, 2023 | msn.comKeefe, Bruyette & Woods Maintains Trustmark (TRMK) Market Perform RecommendationJuly 27, 2023 | finance.yahoo.comQ2 2023 Trustmark Corp Earnings CallJuly 26, 2023 | seekingalpha.comTrustmark Corporation 2023 Q2 - Results - Earnings Call PresentationJuly 26, 2023 | seekingalpha.comTrustmark GAAP EPS of $0.74 beats by $0.15, revenue of $196.84M beats by $11.9MJuly 26, 2023 | finance.yahoo.comTrustmark Corporation Announces Second Quarter 2023 Financial ResultsSee More Headlines 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 Company Calendar Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings10/24/2023Today11/28/2023Ex-Dividend for 12/15 Dividend11/30/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:TRMK CUSIP89840210 CIK36146 Webwww.trustmark.com Phone(601) 208-5111Fax601-961-6016Employees2,738Year Founded1913Price Target and Rating Average Stock Price Target$30.00 High Stock Price Target$38.00 Low Stock Price Target$23.00 Potential Upside/Downside+32.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.56 Trailing P/E Ratio14.48 Forward P/E Ratio8.10 P/E GrowthN/ANet Income$71.89 million Net Margins9.18% Pretax Margin9.85% Return on Equity11.35% Return on Assets0.95% Debt Debt-to-Equity Ratio0.12 Current Ratio0.84 Quick Ratio0.83 Sales & Book Value Annual Sales$759.32 million Price / Sales1.82 Cash Flow$3.21 per share Price / Cash Flow7.04 Book Value$24.48 per share Price / Book0.92Miscellaneous Outstanding Shares61,070,000Free Float60,215,000Market Cap$1.38 billion OptionableOptionable Beta0.81 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Duane Arthur Dewey CFP (Age 64)M.A., President, CEO & Director Comp: $1.94MMr. Thomas C. Owens (Age 58)Principal Financial Officer & Treasurer Comp: $751.08kMr. Granville Tate Jr. (Age 66)Secretary Comp: $842.7kMr. George T. Chambers Jr. (Age 62)Principal Accounting Officer Mr. F. Joseph Rein Jr.Senior VP & Assistant SecretaryMs. Melanie A. MorganSenior VP & Director of Corporate Communications & MarketingMore ExecutivesKey CompetitorsFirst Commonwealth FinancialNYSE:FCFCityNASDAQ:CHCOWestamerica BancorporationNASDAQ:WABCNational BankNYSE:NBHCWesBancoNASDAQ:WSBCView All CompetitorsInsiders & InstitutionsDeutsche Bank AGBought 3,979 shares on 11/24/2023Ownership: 0.049%Public Sector Pension Investment BoardSold 32,917 shares on 11/22/2023Ownership: 0.124%Graham Capital Management L.P.Sold 2,718 shares on 11/22/2023Ownership: 0.033%Walleye Capital LLCSold 22,707 shares on 11/21/2023Ownership: 0.114%Walleye Trading LLCSold 2,414 shares on 11/21/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions TRMK Stock Analysis - Frequently Asked Questions Should I buy or sell Trustmark stock right now? 5 Wall Street 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 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 equities research analysts have issued twelve-month target prices for Trustmark's shares. Their TRMK share price targets range from $23.00 to $38.00. On average, they anticipate the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 32.8% 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 on January 1st, 2023. Since then, TRMK shares have decreased by 35.3% and is now trading at $22.59. 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 EPS for the quarter, missing analysts' consensus estimates of $0.69 by $0.05. The financial services provider earned $194.16 million during the quarter, compared to analyst estimates 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 announced a quarterly dividend on Tuesday, October 24th. Shareholders of record on Friday, December 1st will be paid 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 4.07%. The ex-dividend date 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 4.01%. TRMK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Trustmark Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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