Trustmark - TRMK Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street 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.

3 Wall Street analysts have issued twelve-month price objectives for Trustmark's shares. Their TRMK share price forecasts range from $30.00 to $38.00. On average, they expect the company's stock price to reach $34.25 in the next year. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for TRMK or view top-rated stocks among Wall Street analysts.

Trustmark's stock was trading at $34.91 at the beginning of 2023. Since then, TRMK stock has decreased by 16.0% and is now trading at $29.34.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our TRMK earnings forecast.

Trustmark Co. (NASDAQ:TRMK) issued its earnings results on Tuesday, January, 24th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.14. The financial services provider earned $225.13 million during the quarter, compared to analysts' expectations of $196.87 million. Trustmark had a trailing twelve-month return on equity of 9.48% and a net margin of 9.47%. During the same quarter in the previous year, the company earned $0.42 earnings per share.

Trustmark announced a quarterly dividend on Tuesday, January 24th. Investors of record on Wednesday, March 1st will be given a dividend of $0.23 per share on Wednesday, March 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for TRMK.

Trustmark (NASDAQ:TRMK) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.24%. The dividend payout ratio is 79.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRMK will have a dividend payout ratio of 36.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRMK.

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.

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).

Trustmark trades on the NASDAQ under the ticker symbol "TRMK."

Trustmark's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include New York State Common Retirement Fund (1.20%), Hanson & Doremus Investment Management (0.23%), HB Wealth Management LLC (0.16%), New York State Teachers Retirement System (0.13%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%). Insiders that own company stock include Adolphus B Baker, Gerard R Host, Harry M Walker, Marcelo L Eduardo, Richard H Puckett and Tracy T Conerly.
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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.
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One share of TRMK stock can currently be purchased for approximately $29.34.

Trustmark (NASDAQ:TRMK) has a market capitalization of $1.79 billion and generates $759.32 million in revenue each year. The financial services provider earns $71.89 million in net income (profit) each year or $1.16 on an earnings per share basis.

The company employs 2,692 workers across the globe.

Trustmark's mailing address is 248 E CAPITOL STREET, JACKSON MS, 39201. The official website for the company is www.trustmark.com. The financial services provider can be reached via phone at (601) 208-5111, via email at investorrelations@trustmark.com, or via fax at 601-961-6016.