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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
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Know Your Profit Potential BEFORE You Trade! (Ad)pixel
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Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
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AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
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Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
NASDAQ:TRMK

Trustmark - TRMK Stock Forecast, Price & News

$29.34
+0.22 (+0.76%)
(As of 02/1/2023 12:00 AM ET)
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Compare
Today's Range
$28.61
$29.68
50-Day Range
$28.21
$36.72
52-Week Range
$26.67
$38.47
Volume
360,871 shs
Average Volume
378,537 shs
Market Capitalization
$1.79 billion
P/E Ratio
25.29
Dividend Yield
3.24%
Price Target
$34.25

Trustmark MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.7% Upside
$34.25 Price Target
Short Interest
Bearish
3.22% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.23mentions of Trustmark in the last 14 days
Based on 17 Articles This Week
Insider Trading
Acquiring Shares
$42,360 Bought Last Quarter
Proj. Earnings Growth
-10.36%
From $2.80 to $2.51 Per Share

Overall MarketRank

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

1.98 out of 5 stars

Finance Sector

609th out of 895 stocks

National Commercial Banks Industry

62nd out of 85 stocks


TRMK stock logo

About Trustmark (NASDAQ:TRMK) Stock

Trustmark Corp. is a bank holding company. The firm engages in the provision of banking, wealth management and insurance solutions. It operates through the following segments: General Banking, Wealth Management and Insurance. The General Banking segment offers traditional banking products & services, including commercial and consumer banking services, such as checking accounts, savings programs, overdraft facilities, commercial, installment & real estate loans, home equity loans, lines of credit, drive-in & night deposit services and safe deposit facilities. The Wealth Management segment provides integrating financial services and traditional banking products & services, such as private banking, money management, full-service brokerage, financial planning, personal & institutional trust and retirement services. The Insurance segment supplies retail insurance products, including commercial risk management products, bonding, group benefits and personal lines coverage services. The company was founded on August 5, 1968 and is headquartered in Jackson, MS.

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TRMK Stock News Headlines

Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
CFRA Downgrades Trustmark to Sell
Trustmark (TRMK) Scheduled to Post Earnings on Tuesday
Community Trust Bancorp (CTBI) Q4 Earnings Beat Estimates
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23
Trustmark Third Quarter 2022 Earnings: Beats Expectations
Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23
Trustmark: Q3 Earnings Snapshot
See More Headlines
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TRMK Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Last Earnings
1/24/2023
Today
2/01/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:TRMK
CUSIP
89840210
Employees
2,692
Year Founded
1913

Price Target and Rating

Average Stock Price Forecast
$34.25
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+16.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$71.89 million
Pretax Margin
9.71%

Debt

Sales & Book Value

Annual Sales
$759.32 million
Cash Flow
$3.68 per share
Book Value
$24.48 per share

Miscellaneous

Free Float
60,284,000
Market Cap
$1.79 billion
Optionable
Optionable
Beta
0.86

Social Links


Key Executives

  • Duane A. Dewey
    President, Chief Executive Officer & Director
  • Thomas C. Owens
    Chief Financial Officer & Treasurer
  • Michael P. Carlson
    Executive Vice President
  • Granville Tate
    Secretary & Chief Administrative Officer
  • Duke Hinds
    Director-Commercial Banking













TRMK Stock - Frequently Asked Questions

Should I buy or sell Trustmark stock right now?

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.

What is Trustmark's stock price forecast for 2023?

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.

How have TRMK shares performed in 2023?

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.
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, April 25th 2023.
View our TRMK earnings forecast
.

How were Trustmark's earnings last quarter?

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.

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

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
.

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 3.24%. 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.

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).

What is Trustmark's stock symbol?

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

Who are Trustmark's major shareholders?

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.
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.

What is Trustmark's stock price today?

One share of TRMK stock can currently be purchased for approximately $29.34.

How much money does Trustmark make?

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.

How many employees does Trustmark have?

The company employs 2,692 workers across the globe.

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
How can I contact Trustmark?

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.

This page (NASDAQ:TRMK) was last updated on 2/2/2023 by MarketBeat.com Staff