NASDAQ:TRMK Trustmark (TRMK) Stock Price, News & Analysis $35.42 +1.12 (+3.27%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$34.72▼$35.4250-Day Range$27.65▼$34.4452-Week Range$18.96▼$35.42Volume347,804 shsAverage Volume278,729 shsMarket Capitalization$2.17 billionP/E Ratio13.78Dividend Yield2.60%Price Target$35.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Trustmark alerts: Email Address Trustmark MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside1.2% Downside$35.00 Price TargetShort InterestHealthy2.70% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 24 Articles This WeekInsider TradingN/AProj. Earnings Growth9.09%From $2.75 to $3.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.69 out of 5 starsFinance Sector539th out of 898 stocksNational Commercial Banks Industry59th out of 88 stocks 1.1 Analyst's Opinion Consensus RatingTrustmark has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageTrustmark has only been the subject of 2 research reports in the past 90 days.Read more about Trustmark's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.70% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Trustmark has recently decreased by 10.59%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTrustmark pays a meaningful dividend of 2.74%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTrustmark does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Trustmark is 35.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Trustmark will have a dividend payout ratio of 30.67% next year. This indicates that Trustmark will be able to sustain or increase its dividend.Read more about Trustmark's 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 3.1 News and Social Media Coverage News SentimentTrustmark has a news sentiment score of 0.66. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Trustmark this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for TRMK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 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 1.50% of the stock of Trustmark is held by insiders.Percentage Held by Institutions67.64% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Trustmark's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Trustmark are expected to grow by 9.09% in the coming year, from $2.75 to $3.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 13.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 13.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Trustmark's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop 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. Trustmark Corporation 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 HeadlinesJuly 26 at 9:02 AM | americanbankingnews.comTrustmark (NASDAQ:TRMK) Given New $38.00 Price Target at DA DavidsonJuly 26 at 8:22 AM | americanbankingnews.comTrustmark (NASDAQ:TRMK) Given New $37.00 Price Target at Truist FinancialJuly 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 25 at 9:36 AM | americanbankingnews.comTrustmark (NASDAQ:TRMK) Sets New 12-Month High Following Earnings BeatJuly 25 at 8:23 AM | seekingalpha.comTrustmark Corporation (TRMK) Q2 2024 Earnings Call TranscriptJuly 25 at 3:05 AM | gurufocus.comQ2 2024 Trustmark Corp Earnings Call TranscriptJuly 24 at 3:19 PM | seekingalpha.comTrustmark Corporation 2024 Q2 - Results - Earnings Call PresentationJuly 24 at 11:49 AM | americanbankingnews.comTrustmark (NASDAQ:TRMK) Issues Earnings Results, Beats Estimates By $0.05 EPSJuly 26, 2024 | American Hartford Gold Group (Ad)Prepare for a Recession Unlike Any OtherDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 24 at 10:43 AM | americanbankingnews.comTrustmark (NASDAQ:TRMK) Posts Earnings Results, Beats Expectations By $0.05 EPSJuly 24 at 3:38 AM | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Receives $32.50 Consensus Target Price from AnalystsJuly 23 at 11:03 PM | investorplace.comTRMK Stock Earnings: Trustmark Beats EPS for Q2 2024July 23 at 8:11 PM | money.usnews.comTrustmark Corp.July 23 at 8:11 PM | finance.yahoo.comTrustmark Corporation Announces Second Quarter 2024 Financial ResultsJuly 22, 2024 | markets.businessinsider.comWhat Wall Street expects from Trustmark's earningsJuly 21, 2024 | americanbankingnews.comTrustmark (TRMK) to Release Quarterly Earnings on TuesdayMay 23, 2024 | seekingalpha.comTrustmark: A Low Yield At A Large PremiumApril 26, 2024 | finance.yahoo.comTrustmark Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextSee 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 6/15 Dividend5/31/2024Dividend Payable6/15/2024Last Earnings7/23/2024Today7/26/2024Ex-Dividend for 9/15 Dividend8/30/2024Dividend Payable9/15/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:TRMK CUSIP89840210 CIK36146 Webwww.trustmark.com Phone(601) 208-5111Fax601-961-6016Employees2,757Year Founded1913Price Target and Rating Average Stock Price Target$35.00 High Stock Price Target$38.00 Low Stock Price Target$29.00 Potential Upside/Downside-1.2%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio13.78 Forward P/E Ratio12.88 P/E GrowthN/ANet Income$165.49 million Net Margins16.24% Pretax Margin-0.34% Return on Equity9.32% Return on Assets0.86% Debt Debt-to-Equity Ratio0.10 Current Ratio0.87 Quick Ratio0.83 Sales & Book Value Annual Sales$1.10 billion Price / Sales1.97 Cash Flow$3.68 per share Price / Cash Flow9.62 Book Value$30.70 per share Price / Book1.15Miscellaneous Outstanding Shares61,200,000Free Float60,284,000Market Cap$2.17 billion OptionableOptionable Beta0.75 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Thomas C. Owens (Age 59)Principal Financial Officer & Treasurer Comp: $752.06kMr. Granville Tate Jr. (Age 67)Secretary Comp: $819.29kMr. George T. Chambers Jr. (Age 63)Principal Accounting Officer Mr. F. Joseph Rein Jr.Senior VP & Assistant SecretaryMs. Melanie A. MorganSenior VP & Director of Corporate Communications & MarketingKey CompetitorsNBT BancorpNASDAQ:NBTBFirst Midwest BancorpNASDAQ:FMBINorthwest BancsharesNASDAQ:NWBIHope BancorpNASDAQ:HOPEWestamerica BancorporationNASDAQ:WABCView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 2,714 shares on 7/26/2024Ownership: 1.121%Smith Shellnut Wilson LLC ADVBought 9,565 shares on 7/26/2024Ownership: 0.016%Louisiana State Employees Retirement SystemBought 600 shares on 7/24/2024Ownership: 0.050%ZWJ Investment Counsel Inc.Bought 7,920 shares on 7/20/2024Ownership: 0.013%Barnes Pettey Financial Advisors LLCBought 750 shares on 7/19/2024Ownership: 0.015%View All Institutional Transactions TRMK Stock Analysis - Frequently Asked Questions How have TRMK shares performed this year? Trustmark's stock was trading at $27.88 on January 1st, 2024. Since then, TRMK shares have increased by 27.0% and is now trading at $35.42. View the best growth stocks for 2024 here. How were Trustmark's earnings last quarter? Trustmark Co. (NASDAQ:TRMK) posted its quarterly earnings data on Tuesday, July, 23rd. The financial services provider reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.03. The financial services provider earned $283.96 million during the quarter, compared to analysts' expectations of $229.83 million. Trustmark had a trailing twelve-month return on equity of 9.32% and a net margin of 16.24%. 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. Does Trustmark have any subsidiaries? Trustmark subsidiaries include CoreSource, Health Contact Partners, Health Fitness Corporation, Optimal Business Services, Starmark, Trustmark Group, Trustmark Insurance, and Trustmark Voluntary Benefit Solutions. Who are Trustmark's major shareholders? Trustmark's top institutional shareholders include Bank of New York Mellon Corp (1.12%), Louisiana State Employees Retirement System (0.05%), Wedge Capital Management L L P NC (0.05%) and Ballew Advisors Inc (0.04%). Insiders that own company stock include Richard H Puckett, Marcelo L Eduardo 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Trustmark own? Based on aggregate information from My MarketBeat watchlists, some other companies that Trustmark investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Aegon (AEG) and AutoZone (AZO). This page (NASDAQ:TRMK) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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