Trustmark - TRMK Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last twelve months. There are currently 3 hold ratings and 1 buy rating 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.

4 analysts have issued 1 year target prices for Trustmark's stock. Their TRMK share price forecasts range from $30.00 to $38.00. On average, they anticipate the company's stock price to reach $34.20 in the next twelve months. This suggests a possible upside of 35.2% 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 start of the year. Since then, TRMK shares have decreased by 27.5% and is now trading at $25.30.
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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 quarterly earnings results on Tuesday, January, 24th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by $0.14. The financial services provider had revenue of $225.13 million for 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 prior year, the company posted $0.42 earnings per share.

Trustmark announced a quarterly dividend on Tuesday, January 24th. Shareholders 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 3.64%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for TRMK.

ETFs with the largest weight of Trustmark (NASDAQ:TRMK) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and iShares US Small Cap Value Factor ETF (SVAL).

Trustmark (NASDAQ:TRMK) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.80%. 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 40.53% 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 number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.47%), Earnest Partners LLC (6.05%), Geode Capital Management LLC (1.90%), New York State Common Retirement Fund (1.20%), Charles Schwab Investment Management Inc. (1.14%) and Newport Trust Co (1.03%). 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 $25.30.

Trustmark (NASDAQ:TRMK) has a market capitalization of $1.54 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 2,738 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.