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NASDAQ:TRMKTrustmark Stock Price, Forecast & News

$24.76
+0.44 (+1.81 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$23.91
Now: $24.76
$24.81
50-Day Range
$21.25
MA: $23.92
$27.40
52-Week Range
$20.26
Now: $24.76
$36.04
Volume459,300 shs
Average Volume352,389 shs
Market Capitalization$1.57 billion
P/E Ratio11.41
Dividend Yield3.72%
Beta1.07
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.62 out of 5 stars


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$3.27 per share
Book Value$25.84 per share

Profitability

Net Income$150.46 million

Miscellaneous

Employees2,844
Market Cap$1.57 billion
Next Earnings Date7/28/2020 (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 COVID-19 reached pandemic status according to the World Health Organization. Since then, TRMK shares have increased by 8.3% and is now trading at $24.76. View which stocks have been most 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, July 28th 2020. View our earnings forecast for Trustmark.

How were Trustmark's earnings last quarter?

Trustmark Corp (NASDAQ:TRMK) issued its quarterly earnings results on Tuesday, April, 28th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.09. The financial services provider earned $169.20 million during the quarter, compared to the consensus estimate of $153.50 million. Trustmark had a net margin of 19.11% and a return on equity of 8.81%. Trustmark's revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 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, April 28th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.23 per share on Monday, June 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, May 29th. View Trustmark's dividend history.

What price target have analysts set for TRMK?

2 analysts have issued 12 month target prices for Trustmark's shares. Their forecasts range from $25.00 to $36.00. On average, they expect Trustmark's stock price to reach $30.50 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View analysts' price targets for Trustmark.

Has Trustmark been receiving favorable news coverage?

News articles about TRMK stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Trustmark earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutTrustmark.

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), AutoZone (AZO), AEGON (AEG), BJ's Restaurants (BJRI), Continental Resources (CLR) and Designer Brands (DBI).

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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.95%), State Street Corp (3.71%), JPMorgan Chase & Co. (2.17%), Invesco Ltd. (2.06%), Geode Capital Management LLC (1.54%) and Bank of New York Mellon Corp (1.50%). Company insiders that own Trustmark stock include Adolphus B Baker, Breck W Tyler, Charles Scott Woods, Harry M Walker, Leroy G Walker Jr, Richard H Puckett and Robert B Harvey. View institutional ownership trends for Trustmark.

Which major investors are selling Trustmark stock?

TRMK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., UBS Group AG, Morgan Stanley, JPMorgan Chase & Co., Principal Financial Group Inc., Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, and Raymond James & Associates. View insider buying and selling activity for Trustmark.

Which major investors are buying Trustmark stock?

TRMK stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Acadian Asset Management LLC, Geode Capital Management LLC, Trustmark National Bank Trust Department, AlphaCrest Capital Management LLC, and Two Sigma Investments LP. Company insiders that have bought Trustmark stock in the last two years include Adolphus B Baker, and Richard H Puckett. 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 $24.76.

How big of a company is Trustmark?

Trustmark has a market capitalization of $1.57 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.

What is Trustmark's official website?

The official website for Trustmark is 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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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