NASDAQ:TRMK Trustmark - TRMK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Trustmark Co. Please log in to your account or sign up in order to add this asset to your watchlist. $25.20 -0.11 (-0.43%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$24.94▼$25.5950-Day Range$24.20▼$33.2852-Week Range$23.86▼$38.47Volume278,292 shsAverage Volume353,885 shsMarket Capitalization$1.54 billionP/E Ratio21.72Dividend Yield3.65%Price Target$34.20 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Trustmark MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside35.7% Upside$34.20 Price TargetShort InterestHealthy1.75% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.37Based on 5 Articles This WeekInsider TradingAcquiring Shares$42,360 Bought Last QuarterProj. Earnings Growth-6.58%From $2.43 to $2.27 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.57 out of 5 starsFinance Sector393rd out of 892 stocksNational Commercial Banks Industry56th out of 86 stocks 3.1 Analyst's Opinion Consensus RatingTrustmark has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.20, Trustmark has a forecasted upside of 35.7% from its current price of $25.20.Amount of Analyst CoverageTrustmark has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.75% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Trustmark has recently increased by 3.77%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipTrustmark is a leading dividend payer. It pays a dividend yield of 3.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTrustmark does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Trustmark is 79.31%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Trustmark will have a dividend payout ratio of 40.53% next year. This indicates that Trustmark will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRMK. Previous Next 2.4 News and Social Media Coverage News SentimentTrustmark has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Trustmark this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for TRMK on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.MarketBeat Follows5 people have added Trustmark to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Trustmark insiders have bought more of their company's stock than they have sold. Specifically, they have bought $42,360.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.10% of the stock of Trustmark is held by insiders.Percentage Held by Institutions65.83% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Trustmark are expected to decrease by -6.58% in the coming year, from $2.43 to $2.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 21.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 21.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 141.67.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Trustmark (NASDAQ:TRMK) StockTrustmark Corp. is a bank holding company, which engages in the provision of banking, wealth management and insurance solutions. It operates through the following segments: General Banking, Wealth Management, and Insurance. The General Banking segment offers traditional banking products and service. The Wealth Management segment provides integrated financial services and traditional banking products and services, such as private banking, money management, full-service brokerage, financial planning, personal and institutional trust, and retirement services. The Insurance segment supplies retail insurance products, including commercial risk management products, bonding, group benefits and personal lines coverage services. The company was founded on August 5, 1968 and is headquartered in Jackson, MS.Read More Receive TRMK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Trustmark and its competitors with MarketBeat's FREE daily newsletter. Email Address TRMK Stock News HeadlinesMarch 28, 2023 | finance.yahoo.comTrustmark Corporation (NASDAQ:TRMK) is favoured by institutional owners who hold 74% of the companyJanuary 28, 2023 | finance.yahoo.comTrustmark (NASDAQ:TRMK) Has Affirmed Its Dividend Of $0.23March 29, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.January 27, 2023 | finance.yahoo.comTrustmark Corporation (NASDAQ:TRMK) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | finance.yahoo.comTrustmark's (NASDAQ:TRMK three-year decrease in earnings delivers investors with a 4.7% lossJanuary 25, 2023 | seekingalpha.comTrustmark Corporation (TRMK) Q4 2022 Earnings Call TranscriptJanuary 25, 2023 | finance.yahoo.comTrustmark Stock Falls as Costs Associated With Stanford Ponzi Scheme Hit EarningsJanuary 25, 2023 | investing.comCFRA Downgrades Trustmark to SellMarch 29, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.January 24, 2023 | msn.comTrustmark GAAP EPS of -$0.56 misses by $0.69, revenue of $195.2M misses by $1.11MJanuary 24, 2023 | finance.yahoo.comTrustmark Corporation Announces Fourth Quarter and Fiscal Year 2022 Financial ResultsJanuary 18, 2023 | reuters.comTRMK.MW - Trustmark Corp | Stock Price & Latest News | ReutersJanuary 18, 2023 | finance.yahoo.comCommunity Trust Bancorp (CTBI) Q4 Earnings Beat EstimatesJanuary 5, 2023 | finance.yahoo.comTrustmark Corporation to Announce Fourth Quarter Financial Results January 24 and Conduct Earnings Conference Call January 25December 25, 2022 | finance.yahoo.comTrustmark Corporation (TRMK) Stock Historical Prices & Data - Yahoo FinanceNovember 17, 2022 | finance.yahoo.comTrustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23November 8, 2022 | finance.yahoo.comTrustmark Third Quarter 2022 Earnings: Beats ExpectationsNovember 1, 2022 | finance.yahoo.comCan Trustmark (TRMK) Run Higher on Rising Earnings Estimates?October 29, 2022 | finance.yahoo.comTrustmark's (NASDAQ:TRMK) Dividend Will Be $0.23October 27, 2022 | seekingalpha.comTrustmark Corporation (TRMK) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | nz.finance.yahoo.comTrustmark Corporation Announces Third Quarter 2022 Financial ResultsOctober 25, 2022 | apnews.comTrustmark: Q3 Earnings SnapshotOctober 25, 2022 | seekingalpha.comTrustmark Q3 top, bottom lines better than expected on loan growth, NIM expansionOctober 19, 2022 | finance.yahoo.comAn excellent week for Trustmark Corporation's (NASDAQ:TRMK) institutional owners who own 74% as one-year returns inch higherOctober 19, 2022 | businesswire.comVoilà Verified Trustmark Program is Live - 'duty of care' a top priority - Business WireOctober 1, 2022 | benzinga.comTrustmark Corporation to Announce Third Quarter Financial Results October 25 and Conduct Earnings Confere - BenzingaSeptember 29, 2022 | finance.yahoo.comTrustmark Corporation to Announce Third Quarter Financial Results October 25 and Conduct Earnings Conference Call October 26 - Yahoo FinanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TRMK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Trustmark and its competitors with MarketBeat's FREE daily newsletter. Email Address TRMK Company Calendar Last Earnings1/24/2023Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today3/29/2023Next Earnings (Estimated)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:TRMK CUSIP89840210 CIK36146 Webwww.trustmark.com Phone(601) 208-5111Fax601-961-6016Employees2,738Year Founded1913Price Target and Rating Average Stock Price Forecast$34.20 High Stock Price Forecast$38.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside+35.7%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.16 Trailing P/E Ratio21.72 Forward P/E Ratio10.37 P/E GrowthN/ANet Income$71.89 million Net Margins9.47% Pretax Margin9.87% Return on Equity9.48% Return on Assets0.85% Debt Debt-to-Equity Ratio0.12 Current Ratio0.81 Quick Ratio0.80 Sales & Book Value Annual Sales$759.32 million Price / Sales2.03 Cash Flow$3.24 per share Price / Cash Flow7.77 Book Value$24.48 per share Price / Book1.03Miscellaneous Outstanding Shares61,050,000Free Float60,377,000Market Cap$1.54 billion OptionableOptionable Beta0.80 Social Links Key ExecutivesDuane A. DeweyPresident, Chief Executive Officer & DirectorThomas C. OwensChief Financial Officer & TreasurerMichael P. CarlsonExecutive Vice PresidentGranville TateSecretary & Chief Administrative OfficerDuke HindsDirector-Commercial BankingKey CompetitorsNBT BancorpNASDAQ:NBTBBancorpNASDAQ:TBBKPacWest BancorpNASDAQ:PACWCityNASDAQ:CHCOFirst Commonwealth FinancialNYSE:FCFView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 15,560 shares on 3/28/2023Ownership: 0.025%MetLife Investment Management LLCSold 1,165 shares on 3/23/2023Ownership: 0.052%Teachers Retirement System of The State of KentuckySold 1,002 shares on 2/22/2023Ownership: 0.031%Coppell Advisory Solutions Corp.Bought 1,240 shares on 2/17/2023Ownership: 0.002%Alliancebernstein L.P.Bought 2,118 shares on 2/16/2023Ownership: 0.151%View All Insider TransactionsView All Institutional Transactions TRMK Stock - Frequently Asked Questions Should I buy or sell Trustmark stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TRMK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRMK, but not buy additional shares or sell existing shares. View TRMK analyst ratings or view top-rated stocks. What is Trustmark's stock price forecast for 2023? 4 brokerages have issued 12-month price objectives for Trustmark's stock. Their TRMK share price forecasts range from $30.00 to $38.00. On average, they expect the company's stock price to reach $34.20 in the next twelve months. This suggests a possible upside of 35.7% from the stock's current price. View analysts price targets for TRMK or view top-rated stocks among Wall Street analysts. How have TRMK shares performed in 2023? Trustmark's stock was trading at $34.91 at the beginning of 2023. Since then, TRMK shares have decreased by 27.8% and is now trading at $25.20. View the best growth stocks for 2023 here. When is Trustmark's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. View our TRMK earnings forecast. How were Trustmark's earnings last quarter? Trustmark Co. (NASDAQ:TRMK) posted its quarterly earnings results on Tuesday, January, 24th. The financial services provider reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.14. The financial services provider earned $225.13 million during the quarter, compared to analyst estimates of $196.87 million. Trustmark had a trailing twelve-month return on equity of 9.48% and a net margin of 9.47%. During the same period in the previous year, the business earned $0.42 EPS. How often does Trustmark pay dividends? What is the dividend yield for Trustmark? Trustmark declared a quarterly dividend on Tuesday, January 24th. Investors of record on Wednesday, March 1st will be given a dividend of $0.23 per share on Wednesday, March 15th. This represents a $0.92 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend is Tuesday, February 28th. Read our dividend analysis for TRMK. What ETFs hold Trustmark's stock? ETFs with the largest weight of Trustmark (NASDAQ:TRMK) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), Invesco S&P SmallCap Low Volatility ETF (XSLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and iShares US Small Cap Value Factor ETF (SVAL). Is Trustmark a good dividend stock? Trustmark (NASDAQ:TRMK) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.64%. The dividend payout ratio is 79.31%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRMK will have a dividend payout ratio of 40.53% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TRMK. What is Gerard R. (Jerry) Host's approval rating as Trustmark's CEO? 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. 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), Aegon (AEG), AutoZone (AZO), Marathon Petroleum (MPC), AT&T (T) and BJ's Restaurants (BJRI). 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 investors include Dimensional Fund Advisors LP (6.47%), Earnest Partners LLC (6.05%), Geode Capital Management LLC (1.90%), New York State Common Retirement Fund (1.20%), Charles Schwab Investment Management Inc. (1.14%) and Newport Trust Co (1.03%). Insiders that own company stock include Adolphus B Baker, Gerard R Host, Harry M Walker, Marcelo L Eduardo, Richard H Puckett and Tracy T Conerly. View institutional ownership trends. How do I buy shares of Trustmark? 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. Compare Top Brokerages Here. What is Trustmark's stock price today? One share of TRMK stock can currently be purchased for approximately $25.20. How much money does Trustmark make? Trustmark (NASDAQ:TRMK) has a market capitalization of $1.54 billion and generates $759.32 million in revenue each year. The financial services provider earns $71.89 million in net income (profit) each year or $1.16 on an earnings per share basis. How many employees does Trustmark have? The company employs 2,738 workers across the globe. Does Trustmark have any subsidiaries? The following companies are subsidiares of Trustmark: CoreSource, Health Contact Partners, Health Fitness Corporation, Optimal Business Services, Starmark, Trustmark Group, Trustmark Insurance, and Trustmark Voluntary Benefit Solutions.Read More How can I contact Trustmark? 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. This page (NASDAQ:TRMK) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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