Trustmark - TRMK Stock Forecast, Price & News

0 Wall Street analysts have issued twelve-month target prices for Trustmark's stock. Their TRMK share price forecasts range from $30.00 to $30.00. On average, they anticipate the company's share price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 9.0%.
View analysts price targets for TRMK or view top-rated stocks among Wall Street analysts.

Trustmark's stock was trading at $32.46 at the start of the year. Since then, TRMK stock has increased by 1.5% and is now trading at $32.96.
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Trustmark saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,850,000 shares, an increase of 17.1% from the June 30th total of 1,580,000 shares. Based on an average daily volume of 321,200 shares, the short-interest ratio is currently 5.8 days. Currently, 3.3% of the company's shares are sold short.
View Trustmark's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our TRMK earnings forecast.

Trustmark Co. (NASDAQ:TRMK) announced its quarterly earnings data on Tuesday, July, 26th. The financial services provider reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.11. The financial services provider earned $168.85 million during the quarter, compared to analyst estimates of $158.20 million. Trustmark had a net margin of 17.01% and a trailing twelve-month return on equity of 7.15%. During the same period in the prior year, the firm posted $0.76 EPS.

Trustmark announced a quarterly dividend on Tuesday, July 26th. Investors of record on Thursday, September 1st will be given a dividend of $0.23 per share on Thursday, September 15th. This represents a $0.92 annualized dividend and a yield of 2.79%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for TRMK.

Trustmark (NASDAQ:TRMK) pays an annual dividend of $0.92 per share and currently has a dividend yield of 2.81%. The dividend payout ratio is 51.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRMK will have a dividend payout ratio of 36.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRMK.

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.

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).

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

Trustmark's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.62%), Swiss National Bank (0.23%), Hanson & Doremus Investment Management (0.14%), State of New Jersey Common Pension Fund D (0.13%), Envestnet Asset Management Inc. (0.12%) and Comerica Bank (0.09%). Insiders that own company stock include Adolphus B Baker, Breck W Tyler, Gerard R Host, Harry M Walker, Marcelo L Eduardo, Richard H Puckett and Tracy T Conerly.
View institutional ownership trends.

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.
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One share of TRMK stock can currently be purchased for approximately $32.96.

Trustmark (NASDAQ:TRMK) has a market capitalization of $2.02 billion and generates $676.13 million in revenue each year. The financial services provider earns $147.37 million in net income (profit) each year or $1.79 on an earnings per share basis.

The company employs 2,692 workers across the globe.

Trustmark was founded in 1913.

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.