NASDAQ:TRMK - Trustmark Stock Price, Forecast & News

Trustmark's stock was trading at $22.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRMK stock has increased by 0.1% and is now trading at $22.90. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Trustmark.

Trustmark is scheduled to release its next quarterly earnings announcement on Tuesday, April 28th 2020. View our earnings forecast for Trustmark.

Trustmark Corp (NASDAQ:TRMK) released its quarterly earnings data on Tuesday, January, 28th. The financial services provider reported $0.53 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.56 by $0.03. The financial services provider had revenue of $156.30 million for the quarter, compared to the consensus estimate of $156.19 million. Trustmark had a net margin of 21.18% and a return on equity of 9.38%. Trustmark's quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 earnings per share. View Trustmark's earnings history.

Trustmark declared a quarterly dividend on Tuesday, January 28th. Stockholders of record on Sunday, March 1st will be given a dividend of $0.23 per share on Sunday, March 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date of this dividend is Thursday, February 27th. View Trustmark's dividend history.

2 equities research analysts have issued twelve-month target prices for Trustmark's shares. Their forecasts range from $32.00 to $36.00. On average, they expect Trustmark's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 48.5% from the stock's current price. View analysts' price targets for Trustmark.

Media stories about TRMK stock have trended somewhat positive on Sunday, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Trustmark earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutTrustmark.

Trustmark saw a decrease in short interest in February. As of February 14th, there was short interest totaling 2,920,000 shares, a decrease of 14.4% from the January 30th total of 3,410,000 shares. Based on an average daily volume of 201,300 shares, the short-interest ratio is presently 14.5 days. Currently, 5.1% of the company's stock are short sold. View Trustmark's Current Options Chain.

Some companies that are related to Trustmark include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), M&T Bank (MTB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC).

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), BJ's Restaurants (BJRI), AutoZone (AZO), Continental Resources (CLR), Designer Brands (DBI) and Vista Outdoor (VSTO).

Trustmark trades on the NASDAQ under the ticker symbol "TRMK."

Trustmark's stock is owned by many different retail and institutional investors. Top institutional shareholders include Earnest Partners LLC (3.89%), State Street Corp (3.68%), FMR LLC (1.60%), Bank of New York Mellon Corp (1.55%), Geode Capital Management LLC (1.43%) and Newport Trust Co (1.32%). Company insiders that own Trustmark stock include Breck W Tyler, Charles Scott Woods, Harry M Walker, Leroy G Walker Jr and Robert B Harvey. View institutional ownership trends for Trustmark.

TRMK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Principal Financial Group Inc., Nuveen Asset Management LLC, Hotchkis & Wiley Capital Management LLC, Hancock Whitney Corp, Chicago Equity Partners LLC, and California Public Employees Retirement System. Company insiders that have sold Trustmark company stock in the last year include Breck W Tyler, Charles Scott Woods, and Robert B Harvey. View insider buying and selling activity for Trustmark.

TRMK stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Earnest Partners LLC, Bank of New York Mellon Corp, UBS Group AG, Acadian Asset Management LLC, Goldman Sachs Group Inc., Great West Life Assurance Co. Can, and Barclays PLC. View insider buying and selling activity for Trustmark.

Shares of TRMK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TRMK stock can currently be purchased for approximately $22.90.

Trustmark has a market capitalization of $1.46 billion and generates $710.41 million in revenue each year. The financial services provider earns $150.46 million in net income (profit) each year or $2.45 on an earnings per share basis. Trustmark employs 2,844 workers across the globe. View additional information about Trustmark.

The official website for Trustmark is http://www.trustmark.com/.

Trustmark's mailing address is 248 E CAPITOL STREET, JACKSON MS, 39201. The financial services provider can be reached via phone at 601-208-5111 or via email at [email protected]