NASDAQ:TRMKTrustmark Stock Price, Forecast & News

Trustmark's stock was trading at $22.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRMK stock has increased by 8.7% and is now trading at $24.86.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
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Trustmark is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Trustmark.

Trustmark Corp (NASDAQ:TRMK) issued its quarterly earnings data on Tuesday, July, 28th. The financial services provider reported $0.51 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.26. The financial services provider had revenue of $177.52 million for the quarter, compared to the consensus estimate of $160.25 million. Trustmark had a return on equity of 8.13% and a net margin of 17.64%. During the same quarter last year, the firm posted $0.65 earnings per share.
View Trustmark's earnings history.

Trustmark declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.23 per share on Tuesday, September 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date is Monday, August 31st.
View Trustmark's dividend history.

3 analysts have issued twelve-month price targets for Trustmark's stock. Their forecasts range from $25.00 to $36.00. On average, they anticipate Trustmark's share price to reach $30.50 in the next year. This suggests a possible upside of 22.7% from the stock's current price.
View analysts' price targets for Trustmark.

Media coverage about TRMK stock has been trending negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trustmark earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days.
View the latest news about Trustmark.

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

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

Trustmark's stock is owned by a number of institutional and retail investors. Top institutional investors include Newport Trust Co (1.25%), New York State Common Retirement Fund (0.86%), Principal Financial Group Inc. (0.30%), Russell Investments Group Ltd. (0.22%), Swiss National Bank (0.21%) and Hancock Whitney Corp (0.15%). 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.

TRMK stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Principal Financial Group Inc., Hancock Whitney Corp, Newport Trust Co, Russell Investments Group Ltd., Oppenheimer Asset Management Inc., UBS Group AG, and New York State Common Retirement Fund.
View insider buying and selling activity for Trustmark.

TRMK stock was acquired by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Alps Advisors Inc., SG Americas Securities LLC, Swiss National Bank, Aigen Investment Management LP, Golden State Wealth Management LLC, Rafferty Asset Management LLC, and Connable Office Inc.. 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.

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 $24.86.

Trustmark has a market capitalization of $1.58 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.

The official website for Trustmark is 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]