Trustmark Stock Forecast, Price & News

Trustmark's stock was trading at $22.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRMK stock has decreased by 2.4% and is now trading at $22.33.
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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."
View analyst ratings for Trustmark.

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 earnings results on Tuesday, July, 28th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 17.64% and a return on equity of 8.13%. During the same quarter in the previous year, the firm posted $0.65 earnings per share.
View Trustmark's earnings history.

Trustmark announced a quarterly dividend on Tuesday, July 28th. Stockholders 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 annualized dividend and a yield of 4.12%. The ex-dividend date is Monday, August 31st.
View Trustmark's dividend history.

3 Wall Street analysts have issued twelve-month price objectives for Trustmark's shares. Their forecasts range from $25.00 to $36.00. On average, they expect Trustmark's stock price to reach $30.50 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts' price targets for Trustmark.

Trustmark saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,270,000 shares, a decrease of 25.3% from the August 15th total of 1,700,000 shares. Based on an average daily trading volume, of 383,300 shares, the short-interest ratio is presently 3.3 days. Currently, 2.0% of the company's stock are sold short.
View Trustmark's Short Interest.

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), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Signature Bank (SBNY), 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.85%), Bank of New York Mellon Corp (1.46%), Newport Trust Co (1.25%), Charles Schwab Investment Management Inc. (0.88%), New York State Common Retirement Fund (0.86%) and Nuveen Asset Management LLC (0.50%). 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 Vanguard Group Inc., WINTON GROUP Ltd, Bank of America Corp DE, Bank of New York Mellon Corp, Principal Financial Group Inc., Principal Financial Group Inc., Prudential Financial Inc., and Hancock Whitney Corp.
View insider buying and selling activity for Trustmark.

TRMK stock was acquired by a variety of institutional investors in the last quarter, including Cubist Systematic Strategies LLC, Man Group plc, Jane Street Group LLC, Public Employees Retirement System of Ohio, Ziegler Capital Management LLC, Nuveen Asset Management LLC, Balyasny Asset Management LLC, and Alps Advisors 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 $22.33.

Trustmark has a market capitalization of $1.42 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]