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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Sell every Stock except ONE (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Sell every Stock except ONE (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Sell every Stock except ONE (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Sell every Stock except ONE (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Sell every Stock except ONE (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Sell every Stock except ONE (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Sell every Stock except ONE (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Sell every Stock except ONE (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Sell every Stock except ONE (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
NASDAQ:TRMK

Trustmark (TRMK) Stock Forecast, Price & News

$21.79
+0.33 (+1.54%)
(As of 05/26/2023 04:00 PM ET)
Compare
Today's Range
$21.24
$21.82
50-Day Range
$20.44
$26.03
52-Week Range
$20.28
$38.47
Volume
189,200 shs
Average Volume
326,452 shs
Market Capitalization
$1.33 billion
P/E Ratio
14.43
Dividend Yield
4.22%
Price Target
$33.17

Trustmark MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
52.2% Upside
$33.17 Price Target
Short Interest
Healthy
2.16% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.66mentions of Trustmark in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$83,020 Bought Last Quarter
Proj. Earnings Growth
-10.28%
From $2.53 to $2.27 Per Share

Overall MarketRank

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

2.72 out of 5 stars

Finance Sector

303rd out of 902 stocks

National Commercial Banks Industry

49th out of 86 stocks


TRMK stock logo

About Trustmark (NASDAQ:TRMK) Stock

Trustmark Corp. is a bank holding company, which 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 and service. The Wealth Management segment provides integrated financial services and traditional banking products and services, such as private banking, money management, full-service brokerage, financial planning, personal and 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

Trustmark (NASDAQ:TRMK) Raised to "Hold" at StockNews.com
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Central Bank: “Final stage” beginning now
Our financial system is about to be transformed in a way that would’ve been unthinkable just a few years ago. And almost nobody is prepared for the chaos that follows.
Q1 2023 Trustmark Corp Earnings Call
Trustmark (TRMK) to Release Earnings on Tuesday
Trustmark (NASDAQ:TRMK) Shares Gap Down on Analyst Downgrade
Trustmark (NASDAQ:TRMK) Stock Rating Lowered by Raymond James
See More Headlines
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TRMK Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Last Earnings
4/25/2023
Today
5/29/2023
Ex-Dividend for 6/15 Dividend
5/31/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
7/25/2023
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
2,738
Year Founded
1913

Price Target and Rating

Average Stock Price Forecast
$33.17
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+52.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$71.89 million
Pretax Margin
11.67%

Debt

Sales & Book Value

Annual Sales
$759.32 million
Cash Flow
$3.26 per share
Book Value
$24.48 per share

Miscellaneous

Free Float
60,214,000
Market Cap
$1.33 billion
Optionable
Optionable
Beta
0.78

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?

5 Wall Street equities 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 equities 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 forecast for 2023?

5 analysts have issued 12 month price targets for Trustmark's stock. Their TRMK share price forecasts range from $28.00 to $38.00. On average, they expect the company's share price to reach $33.17 in the next twelve months. This suggests a possible upside of 52.2% 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 37.6% and is now trading at $21.79.
View the best growth stocks for 2023 here
.

Are investors shorting Trustmark?

Trustmark saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,210,000 shares, an increase of 21.0% from the April 30th total of 1,000,000 shares. Based on an average daily trading volume, of 327,300 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.2% of the company's stock are short sold.
View Trustmark's Short Interest
.

When is Trustmark's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our TRMK earnings forecast
.

How were Trustmark's earnings last quarter?

Trustmark Co. (NASDAQ:TRMK) announced its earnings results on Tuesday, April, 25th. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.69 by $0.13. The financial services provider had revenue of $188.97 million for the quarter, compared to analysts' expectations of $189.76 million. Trustmark had a net margin of 10.91% and a trailing twelve-month return on equity of 10.96%. The business's revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 EPS.

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

Trustmark declared a quarterly dividend on Tuesday, April 25th. Shareholders of record on Thursday, June 1st will be paid a dividend of $0.23 per share on Thursday, June 15th. This represents a $0.92 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date is Wednesday, May 31st.
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 4.22%. TRMK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.93%. 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 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.78%), Dimensional Fund Advisors LP (6.57%), State Street Corp (5.01%), Geode Capital Management LLC (1.99%), New York State Common Retirement Fund (1.23%) and Charles Schwab Investment Management Inc. (1.18%). 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.

What is Trustmark's stock price today?

One share of TRMK stock can currently be purchased for approximately $21.79.

How much money does Trustmark make?

Trustmark (NASDAQ:TRMK) has a market capitalization of $1.33 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 $1.51 on an earnings per share basis.

How many employees does Trustmark have?

The company employs 2,738 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 5/29/2023 by MarketBeat.com Staff

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