NASDAQ:TRMK Trustmark - TRMK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Trustmark Co. Please log in to your account or sign up in order to add this asset to your watchlist. $29.34 +0.22 (+0.76%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$28.61▼$29.6850-Day Range$28.21▼$36.7252-Week Range$26.67▼$38.47Volume360,871 shsAverage Volume378,537 shsMarket Capitalization$1.79 billionP/E Ratio25.29Dividend Yield3.24%Price Target$34.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Trustmark MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside16.7% Upside$34.25 Price TargetShort InterestBearish3.22% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.23Based on 17 Articles This WeekInsider TradingAcquiring Shares$42,360 Bought Last QuarterProj. Earnings Growth-10.36%From $2.80 to $2.51 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector609th out of 895 stocksNational Commercial Banks Industry62nd out of 85 stocks 2.0 Analyst's Opinion Consensus RatingTrustmark has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.25, Trustmark has a forecasted upside of 16.7% from its current price of $29.34.Amount of Analyst CoverageTrustmark has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.22% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in Trustmark has recently increased by 2.29%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldTrustmark pays a meaningful dividend of 3.24%, 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 79.31%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Trustmark will have a dividend payout ratio of 36.65% next year. This indicates that Trustmark will be able to sustain or increase its 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 2.3 News and Social Media Coverage News SentimentTrustmark has a news sentiment score of 0.23. 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 lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Trustmark this week, compared to 2 articles on an average week.Search Interest1 people have searched for TRMK on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Trustmark to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Trustmark insiders have bought more of their company's stock than they have sold. Specifically, they have bought $42,360.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of Trustmark is held by insiders.Percentage Held by Institutions65.83% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Trustmark are expected to decrease by -10.36% in the coming year, from $2.80 to $2.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 25.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 25.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 191.47.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Trustmark (NASDAQ:TRMK) StockTrustmark 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.Read More 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 TRMK Stock News HeadlinesFebruary 1, 2023 | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Forecasted to Post FY2023 Earnings of $3.08 Per ShareJanuary 30, 2023 | americanbankingnews.comHead-To-Head Review: BOK Financial (NASDAQ:BOKF) vs. Trustmark (NASDAQ:TRMK)February 2, 2023 | Tradewins (Ad)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! January 28, 2023 | finance.yahoo.comTrustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23January 27, 2023 | finance.yahoo.comTrustmark Corporation (NASDAQ:TRMK) Q4 2022 Earnings Call TranscriptJanuary 27, 2023 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Given New $31.00 Price Target at Piper SandlerJanuary 26, 2023 | finance.yahoo.comTrustmark's (NASDAQ:TRMK three-year decrease in earnings delivers investors with a 4.7% lossJanuary 25, 2023 | seekingalpha.comTrustmark Corporation (TRMK) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | Tradewins (Ad)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! January 25, 2023 | finance.yahoo.comTrustmark Stock Falls as Costs Associated With Stanford Ponzi Scheme Hit EarningsJanuary 25, 2023 | investing.comCFRA Downgrades Trustmark to SellJanuary 24, 2023 | msn.comTrustmark GAAP EPS of -$0.56 misses by $0.69, revenue of $195.2M misses by $1.11MJanuary 24, 2023 | finance.yahoo.comTrustmark Corporation Announces Fourth Quarter and Fiscal Year 2022 Financial ResultsJanuary 23, 2023 | americanbankingnews.comTrustmark (TRMK) Scheduled to Post Earnings on TuesdayJanuary 18, 2023 | reuters.comTRMK.MW - Trustmark Corp | Stock Price & Latest News | ReutersJanuary 18, 2023 | finance.yahoo.comCommunity Trust Bancorp (CTBI) Q4 Earnings Beat EstimatesJanuary 5, 2023 | finance.yahoo.comTrustmark Corporation to Announce Fourth Quarter Financial Results January 24 and Conduct Earnings Conference Call January 25December 25, 2022 | finance.yahoo.comTrustmark Corporation (TRMK) Stock Historical Prices & Data - Yahoo FinanceNovember 17, 2022 | finance.yahoo.comTrustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23November 8, 2022 | finance.yahoo.comTrustmark Third Quarter 2022 Earnings: Beats ExpectationsNovember 1, 2022 | finance.yahoo.comCan Trustmark (TRMK) Run Higher on Rising Earnings Estimates?October 29, 2022 | finance.yahoo.comTrustmark's (NASDAQ:TRMK) Dividend Will Be $0.23October 27, 2022 | seekingalpha.comTrustmark Corporation (TRMK) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | nz.finance.yahoo.comTrustmark Corporation Announces Third Quarter 2022 Financial ResultsOctober 25, 2022 | apnews.comTrustmark: Q3 Earnings SnapshotOctober 25, 2022 | seekingalpha.comTrustmark Q3 top, bottom lines better than expected on loan growth, NIM expansionOctober 19, 2022 | finance.yahoo.comAn excellent week for Trustmark Corporation's (NASDAQ:TRMK) institutional owners who own 74% as one-year returns inch higherSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 TRMK Company Calendar Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Last Earnings1/24/2023Today2/01/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Next Earnings (Estimated)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:TRMK CUSIP89840210 CIK36146 Webwww.trustmark.com Phone(601) 208-5111Fax601-961-6016Employees2,692Year Founded1913Price 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 RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.16 Trailing P/E Ratio25.29 Forward P/E Ratio10.48 P/E GrowthN/ANet Income$71.89 million Net Margins9.47% Pretax Margin9.71% Return on Equity9.48% Return on Assets0.85% Debt Debt-to-Equity Ratio0.12 Current Ratio0.81 Quick Ratio0.80 Sales & Book Value Annual Sales$759.32 million Price / Sales2.36 Cash Flow$3.68 per share Price / Cash Flow7.97 Book Value$24.48 per share Price / Book1.20Miscellaneous Outstanding Shares60,950,000Free Float60,284,000Market Cap$1.79 billion OptionableOptionable Beta0.86 Social Links Key ExecutivesDuane A. DeweyPresident, Chief Executive Officer & DirectorThomas C. OwensChief Financial Officer & TreasurerMichael P. CarlsonExecutive Vice PresidentGranville TateSecretary & Chief Administrative OfficerDuke HindsDirector-Commercial BankingKey CompetitorsBancorpNASDAQ:TBBKNBT BancorpNASDAQ:NBTBNational BankNYSE:NBHCSandy Spring BancorpNASDAQ:SASRWestamerica BancorporationNASDAQ:WABCView All CompetitorsInsiders & InstitutionsZurcher Kantonalbank Zurich Cantonalbank Bought 1,199 shares on 2/1/2023Ownership: 0.016%AE Wealth Management LLCBought 15,722 shares on 1/31/2023Ownership: 0.026%Everence Capital Management Inc.Bought 4,680 shares on 1/31/2023Ownership: 0.020%New York State Common Retirement FundBought 71,278 shares on 1/30/2023Ownership: 1.202%New York State Teachers Retirement SystemSold 500 shares on 1/27/2023Ownership: 0.135%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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