NASDAQ:TRMK - Trustmark Stock Price, News & Analysis

$32.68
-1.25 (-3.68 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$32.59
Now: $32.68
$34.07
50-Day Range
$32.28
MA: $33.82
$35.82
52-Week Range
$26.84
Now: $32.68
$36.63
Volume265,308 shs
Average Volume374,246 shs
Market Capitalization$2.10 billion
P/E Ratio14.79
Dividend Yield2.71%
Beta1.08
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. Read More…

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$683.25 million
Cash Flow$2.8319 per share
Book Value$25.13 per share

Profitability

Net Income$149.58 million

Miscellaneous

Employees2,856
Market Cap$2.10 billion
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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Trustmark (NASDAQ:TRMK) Frequently Asked Questions

What is Trustmark's stock symbol?

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

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

Trustmark announced a quarterly dividend on Tuesday, July 23rd. Stockholders of record on Sunday, September 1st will be paid a dividend of $0.23 per share on Sunday, September 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date is Thursday, August 29th. View Trustmark's Dividend History.

How were Trustmark's earnings last quarter?

Trustmark Corp (NASDAQ:TRMK) released its quarterly earnings results on Tuesday, July, 23rd. The financial services provider reported $0.65 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.08. The financial services provider had revenue of $157.40 million for the quarter, compared to analysts' expectations of $156.35 million. Trustmark had a return on equity of 9.28% and a net margin of 21.20%. During the same period in the previous year, the business earned $0.59 EPS. View Trustmark's Earnings History.

When is Trustmark's next earnings date?

Trustmark is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Trustmark.

What price target have analysts set for TRMK?

4 Wall Street analysts have issued twelve-month price objectives for Trustmark's stock. Their forecasts range from $31.00 to $34.00. On average, they anticipate Trustmark's stock price to reach $32.3333 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Trustmark.

What is the consensus analysts' recommendation for Trustmark?

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

What are Wall Street analysts saying about Trustmark stock?

Here are some recent quotes from research analysts about Trustmark stock:
  • 1. According to Zacks Investment Research, "Trustmark Corporation is a multi-bank holding company. Its primary business activities are conducted through its wholly-owned subsidiary, Trustmark National Bank and Trustmark National Bank's wholly-owned nonbanking subsidiaries, Trustmark Financial Services, Inc. and Trustmark Insurance Agency, Inc. Trustmark National Bank accounts for substantially all of the assets and revenues of the company. " (8/22/2019)
  • 2. Stephens analysts commented, "We’re also encouraged that credit trends remain excellent. Our updated price target of $36 (was $32) is based on a 15x multiple on our 2020 EPS forecast of $2.37. We maintain our Equal-Weight rating due to valuation." (4/24/2019)

Has Trustmark been receiving favorable news coverage?

News articles about TRMK stock have been trending positive on Friday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Trustmark earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Trustmark.

Are investors shorting Trustmark?

Trustmark saw a drop in short interest in July. As of July 15th, there was short interest totalling 4,639,700 shares, a drop of 5.3% from the June 15th total of 4,901,300 shares. Based on an average daily volume of 274,400 shares, the days-to-cover ratio is presently 16.9 days. Currently, 7.9% of the company's stock are sold short. 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), Bank Of The Ozarks (OZRK), AutoZone (AZO), Precision Drilling (PD), BJ's Restaurants (BJRI) and Hudson Technologies (HDSN).

Who are Trustmark's key executives?

Trustmark's management team includes the folowing 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)

Who are Trustmark's major shareholders?

Trustmark's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.24%), BlackRock Inc. (14.24%), Vanguard Group Inc. (9.35%), Earnest Partners LLC (3.65%), Northern Trust Corp (3.13%) and JPMorgan Chase & Co. (2.43%). 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 BlackRock Inc., BlackRock Inc., Grantham Mayo Van Otterloo & Co. LLC, Vanguard Group Inc., Aperio Group LLC, BNP Paribas Arbitrage SA, Balyasny Asset Management LLC and Renaissance Technologies LLC. Company insiders that have sold Trustmark company stock in the last year include Breck W Tyler, Charles Scott Woods, Harry M Walker, Leroy G Walker Jr and Robert B Harvey. View Insider Buying and Selling for Trustmark.

Which institutional investors are buying Trustmark stock?

TRMK stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, APG Asset Management N.V., Acadian Asset Management LLC, Invesco Ltd., 361 Capital LLC, Earnest Partners LLC, Campbell & CO Investment Adviser LLC and JPMorgan Chase & Co.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Trustmark's stock price today?

One share of TRMK stock can currently be purchased for approximately $32.68.

How big of a company is Trustmark?

Trustmark has a market capitalization of $2.10 billion and generates $683.25 million in revenue each year. The financial services provider earns $149.58 million in net income (profit) each year or $2.21 on an earnings per share basis. Trustmark employs 2,856 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:  1.7 out of 5 (star)
Outperform Votes:  195 (Vote Outperform)
Underperform Votes:  374 (Vote Underperform)
Total Votes:  569
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 8/23/2019 by MarketBeat.com Staff

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