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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Urgent Warning (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Urgent Warning (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
Urgent Warning (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
NASDAQ:TRMK

Trustmark - TRMK Stock Forecast, Price & News

$25.30
+1.10 (+4.55%)
(As of 03/24/2023 08:52 PM ET)
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Compare
Today's Range
$23.86
$25.36
50-Day Range
$24.20
$35.16
52-Week Range
$23.86
$38.47
Volume
305,700 shs
Average Volume
360,293 shs
Market Capitalization
$1.54 billion
P/E Ratio
21.81
Dividend Yield
3.64%
Price Target
$34.20

Trustmark MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
35.2% Upside
$34.20 Price Target
Short Interest
Healthy
1.69% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.48mentions of Trustmark in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$42,360 Bought Last Quarter
Proj. Earnings Growth
-6.58%
From $2.43 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.

2.58 out of 5 stars

Finance Sector

414th out of 884 stocks

National Commercial Banks Industry

56th 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) Rating Lowered to Sell at StockNews.com
Fed's Shocking New Plan to Control Your Money
The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 
CFRA Downgrades Trustmark to Sell
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
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

Last Earnings
1/24/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Today
3/26/2023
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
2,738
Year Founded
1913

Price Target and Rating

Average Stock Price Forecast
$34.20
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+35.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$71.89 million
Pretax Margin
9.87%

Debt

Sales & Book Value

Annual Sales
$759.32 million
Cash Flow
$3.41 per share
Book Value
$24.48 per share

Miscellaneous

Free Float
60,377,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
0.80

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?

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.

What is Trustmark's stock price forecast for 2023?

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.

How have TRMK shares performed in 2023?

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.
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 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.

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

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
.

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 3.80%. 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.

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 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.
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 $25.30.

How much money does Trustmark make?

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.

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 3/27/2023 by MarketBeat.com Staff