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S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Biden's Plan to Confiscate Your Cash? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Biden's Plan to Confiscate Your Cash? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Will This Be the Worst U.S. Crisis Ever? (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Biden's Plan to Confiscate Your Cash? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Biden's Plan to Confiscate Your Cash? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Will This Be the Worst U.S. Crisis Ever? (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Biden's Plan to Confiscate Your Cash? (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Biden's Plan to Confiscate Your Cash? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Will This Be the Worst U.S. Crisis Ever? (Ad)
NASDAQ:TRMK

Trustmark - TRMK Stock Forecast, Price & News

$32.96
+0.20 (+0.61%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$32.78
$33.19
50-Day Range
$27.96
$32.96
52-Week Range
$26.67
$35.30
Volume
281,075 shs
Average Volume
278,420 shs
Market Capitalization
$2.02 billion
P/E Ratio
18.41
Dividend Yield
2.81%
Price Target
$30.00

Trustmark MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
9.0% Downside
$30.00 Price Target
Short Interest
Healthy
3.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$24,898 Sold Last Quarter
Proj. Earnings Growth
8.12%
From $2.34 to $2.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Finance Sector

859th out of 904 stocks

National Commercial Banks Industry

85th out of 86 stocks

TRMK stock logo

About Trustmark (NASDAQ:TRMK) Stock

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 operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; 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, as well as treasury management services. The company also provides mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing. In addition, it provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. Further, 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 of December 31, 2021, it operated 167 full-service branches and 13 limited service branches; and 198 automated teller machines and 69 interactive teller machines. The company was founded in 1889 and is headquartered in Jackson, Mississippi.

Wall Street Analysts Forecast Growth

Separately, Truist Financial dropped their target price on shares of Trustmark from $35.00 to $30.00 in a research report on Monday, May 2nd.

Trustmark Stock Performance

Shares of TRMK Stock traded up $0.20 during trading hours on Wednesday, hitting $32.96. 281,075 shares of the company were exchanged, compared to its average volume of 278,420. The firm has a fifty day simple moving average of $30.18 and a 200 day simple moving average of $30.34. The company has a current ratio of 0.79, a quick ratio of 0.78 and a debt-to-equity ratio of 0.12. Trustmark has a 52-week low of $26.67 and a 52-week high of $35.30. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 18.41 and a beta of 0.87.

Trustmark (NASDAQ:TRMK - Get Rating) last issued its quarterly earnings results on Tuesday, July 26th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.11. Trustmark had a net margin of 17.01% and a return on equity of 7.15%. The company had revenue of $168.85 million during the quarter, compared to analyst estimates of $158.20 million. During the same quarter last year, the business posted $0.76 EPS. Research analysts predict that Trustmark will post 2.34 earnings per share for the current fiscal year.

Trustmark Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be paid a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $0.92 dividend on an annualized basis and a yield of 2.79%. Trustmark's dividend payout ratio is 51.40%.

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TRMK Stock News Headlines

Trustmark (TRMK) Q2 2022 Earnings Call Transcript
Trustmark earnings preview: what to expect
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TRMK Company Calendar

Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Last Earnings
7/26/2022
Today
8/11/2022
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:TRMK
CUSIP
89840210
Employees
2,692
Year Founded
1913

Price Target and Rating

Average Stock Price Forecast
$30.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
-9.0%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$147.37 million
Pretax Margin
20.32%

Debt

Sales & Book Value

Annual Sales
$676.13 million
Cash Flow
$3.61 per share
Book Value
$27.88 per share

Miscellaneous

Free Float
60,528,000
Market Cap
$2.02 billion
Optionable
Optionable
Beta
0.87

Social Links


Key Executives

  • Mr. Duane Arthur Dewey CFP (Age 63)
    Pres, CEO & Director
    Comp: $1.56M
  • Mr. Thomas C. Owens (Age 57)
    Principal Financial Officer & Treasurer
    Comp: $648.81k
  • Mr. Granville Tate Jr. (Age 65)
    Sec.
    Comp: $4.09M
  • Mr. George T. Chambers Jr. (Age 61)
    Principal Accounting Officer
  • Mr. F. Joseph Rein Jr.
    Sr. VP & Assistant Sec.
  • Ms. Melanie A. Morgan
    Sr. VP & Director of Corp. Communications & Marketing
  • Mr. Wayne Arthur Stevens (Age 57)
    Pres of Retail Banking of Trustmark National Bank













TRMK Stock - Frequently Asked Questions

What is Trustmark's stock price forecast for 2022?

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.

How have TRMK shares performed in 2022?

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.
View the best growth stocks for 2022 here
.

Are investors shorting Trustmark?

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
.

When is Trustmark's next earnings date?

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

How were Trustmark's earnings last quarter?

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.

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

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
.

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 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.

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 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
.

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 $32.96.

How much money does Trustmark make?

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.

How many employees does Trustmark have?

The company employs 2,692 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

When was Trustmark founded?

Trustmark was founded in 1913.

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 8/11/2022 by MarketBeat.com Staff

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