NASDAQ:TRMK Trustmark (TRMK) Stock Forecast, Price & News $21.79 +0.33 (+1.54%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$21.24▼$21.8250-Day Range$20.44▼$26.0352-Week Range$20.28▼$38.47Volume189,200 shsAverage Volume326,452 shsMarket Capitalization$1.33 billionP/E Ratio14.43Dividend Yield4.22%Price Target$33.17 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Trustmark MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside52.2% Upside$33.17 Price TargetShort InterestHealthy2.16% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 9 Articles This WeekInsider TradingAcquiring Shares$83,020 Bought Last QuarterProj. Earnings Growth-10.28%From $2.53 to $2.27 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.2.72 out of 5 starsFinance Sector303rd out of 902 stocksNational Commercial Banks Industry49th out of 86 stocks 3.0 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, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.17, Trustmark has a forecasted upside of 52.2% from its current price of $21.79.Amount of Analyst CoverageTrustmark has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.16% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Trustmark has recently increased by 21.00%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipTrustmark is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTrustmark does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Trustmark is 60.93%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Trustmark will have a dividend payout ratio of 40.53% 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 2.0 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Trustmark this week, compared to 2 articles on an average week.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 $83,020.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.40% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Trustmark are expected to decrease by -10.28% in the coming year, from $2.53 to $2.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 14.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 14.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 151.92.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued 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, 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.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 HeadlinesMay 28, 2023 | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Receives $33.00 Average Price Target from AnalystsMay 27, 2023 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Raised to "Hold" at StockNews.comMay 29, 2023 | Behind the Markets (Ad)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.May 19, 2023 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Earns Sell Rating from Analysts at StockNews.comMay 19, 2023 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Shares Gap Up Following Insider Buying ActivityMay 17, 2023 | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Director Richard H. Puckett Purchases 2,000 SharesMay 17, 2023 | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Director Acquires $42,220.00 in StockMay 2, 2023 | finance.yahoo.comSnapdocs Builds Integration with Finastra to Enable a Seamless Closing Process for TrustmarkMay 29, 2023 | Legacy Research (Affiliate) (Ad)Central Bank: “Final stage” beginning nowOur 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.May 2, 2023 | americanbankingnews.comQ2 2023 Earnings Estimate for Trustmark Co. (NASDAQ:TRMK) Issued By DA DavidsonMay 1, 2023 | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Receives $33.00 Average PT from BrokeragesApril 28, 2023 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Shares Up 4.7% Following Better-Than-Expected EarningsApril 27, 2023 | finance.yahoo.comQ1 2023 Trustmark Corp Earnings CallApril 26, 2023 | finance.yahoo.comCompared to Estimates, Trustmark (TRMK) Q1 Earnings: A Look at Key MetricsApril 25, 2023 | finance.yahoo.comTrustmark Corporation Announces First Quarter 2023 Financial ResultsApril 23, 2023 | americanbankingnews.comTrustmark (TRMK) to Release Earnings on TuesdayApril 15, 2023 | thestreet.comTrustmark Stock To Go Ex-dividend Tomorrow (TRMK)April 10, 2023 | seekingalpha.comTrustmark Bank Sale Inevitable: High Costs, Low ReturnsApril 10, 2023 | americanbankingnews.comKeefe, Bruyette & Woods Lowers Trustmark (NASDAQ:TRMK) Price Target to $28.00April 8, 2023 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Shares Gap Down on Analyst DowngradeApril 8, 2023 | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Given Consensus Rating of "Hold" by BrokeragesApril 8, 2023 | americanbankingnews.comTrustmark Co. to Post Q1 2023 Earnings of $0.69 Per Share, DA Davidson Forecasts (NASDAQ:TRMK)April 7, 2023 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Stock Rating Lowered by Raymond JamesApril 3, 2023 | finance.yahoo.comTrustmark Corporation to Announce First Quarter Financial Results April 25 and Conduct Earnings Conference Call April 26March 28, 2023 | finance.yahoo.comTrustmark Corporation (NASDAQ:TRMK) is favoured by institutional owners who hold 74% of the companyMarch 14, 2023 | prnewswire.comNew CompTIA Cybersecurity Trustmark aims to bring a positive shift in the overall organizational security culture of the MSP communityJanuary 28, 2023 | finance.yahoo.comTrustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23See 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 3/15 Dividend2/28/2023Dividend Payable3/15/2023Last Earnings4/25/2023Today5/29/2023Ex-Dividend for 6/15 Dividend5/31/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/25/2023Fiscal 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) 208-5111Fax601-961-6016Employees2,738Year Founded1913Price 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 RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.51 Trailing P/E Ratio14.43 Forward P/E Ratio8.61 P/E GrowthN/ANet Income$71.89 million Net Margins10.91% Pretax Margin11.67% Return on Equity10.96% Return on Assets0.95% Debt Debt-to-Equity Ratio0.12 Current Ratio0.83 Quick Ratio0.82 Sales & Book Value Annual Sales$759.32 million Price / Sales1.75 Cash Flow$3.26 per share Price / Cash Flow6.69 Book Value$24.48 per share Price / Book0.89Miscellaneous Outstanding Shares61,070,000Free Float60,214,000Market Cap$1.33 billion OptionableOptionable Beta0.78 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 CompetitorsCityNASDAQ:CHCOFirst Commonwealth FinancialNYSE:FCFWesBancoNASDAQ:WSBCNational BankNYSE:NBHCNBT BancorpNASDAQ:NBTBView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 785 shares on 5/26/2023Ownership: 0.015%Brandywine Global Investment Management LLCBought 22,026 shares on 5/25/2023Ownership: 0.245%Ameriprise Financial Inc.Sold 7,840 shares on 5/22/2023Ownership: 0.428%Arete Wealth Advisors LLCBought 31,477 shares on 5/22/2023Ownership: 0.052%JPMorgan Chase & Co.Bought 55,951 shares on 5/18/2023Ownership: 0.660%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Trustmark's stock? ETFs with the largest weight of Trustmark (NASDAQ:TRMK) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), iShares US Small Cap Value Factor ETF (SVAL) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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