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NASDAQ:TRMK - Trustmark Stock Price, Forecast & News

$22.90
-1.00 (-4.18 %)
(As of 03/29/2020 05:46 AM ET)
Today's Range
$22.68
Now: $22.90
$23.56
50-Day Range
$21.62
MA: $27.98
$32.69
52-Week Range
$20.47
Now: $22.90
$36.63
Volume359,310 shs
Average Volume564,854 shs
Market Capitalization$1.46 billion
P/E Ratio9.83
Dividend Yield3.85%
Beta1.11
Trustmark Corporation operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. The company offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate, and construction and land development; and installment and real estate loans, and lines of credit. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; overdraft facilities; and treasury management services. In addition, the company offers business insurance products and services for medical professionals, construction, manufacturing, hospitality, real estate, and group life and health plans; and life and health insurance, and personal line policies for individual customers, as well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. Further, it engages in the administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and provision of corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. As of December 31, 2018, the company operated 181 full-service branches and 14 limited-service branches; 178 ATMs and 4 interactive teller machines (ITMs) at on-premise locations; and 61 ATMs and 3 ITMs at off-premise locations. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:TRMK
CUSIP89840210
Phone601-208-5111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$710.41 million
Cash Flow$3.07 per share
Book Value$25.84 per share

Profitability

Net Income$150.46 million

Miscellaneous

Employees2,844
Market Cap$1.46 billion
Next Earnings Date4/28/2020 (Estimated)
OptionableOptionable

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Trustmark (NASDAQ:TRMK) Frequently Asked Questions

How has Trustmark's stock been impacted by COVID-19 (Coronavirus)?

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.

Do Wall Street analysts recommend investors buy shares of Trustmark?

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.

When is Trustmark's next earnings date?

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

How were Trustmark's earnings last quarter?

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.

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

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.

What price target have analysts set for TRMK?

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.

Has Trustmark been receiving favorable news coverage?

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.

Are investors shorting Trustmark?

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.

Who are some of Trustmark's key competitors?

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

Who are Trustmark's key executives?

Trustmark's management team includes the following people:
  • Mr. Gerard R. Host, Pres, CEO & Director (Age 64)
  • Mr. Louis E. Greer, Treasurer & Principal Financial Officer (Age 64)
  • Mr. F. Joseph Rein Jr., Sr. VP & Assistant Sec.
  • Ms. Melanie A. Morgan, Sr. VP & Director of Corp. Communications & Marketing
  • Mr. Granville Tate Jr., Sec. (Age 62)

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 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.

Which institutional investors are selling Trustmark stock?

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.

Which institutional investors are buying Trustmark stock?

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.

How do I buy shares of 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.

What is Trustmark's stock price today?

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

How big of a company is Trustmark?

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.

What is Trustmark's official website?

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

How can I contact Trustmark?

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]


MarketBeat Community Rating for Trustmark (NASDAQ TRMK)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  434 (Vote Underperform)
Total Votes:  706
MarketBeat's community ratings are surveys of what our community members think about Trustmark and other stocks. Vote "Outperform" if you believe TRMK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRMK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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