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NASDAQ:TRMK

Trustmark Stock Forecast, Price & News

$22.33
-0.21 (-0.93 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$22.26
Now: $22.33
$22.91
50-Day Range
$22.47
MA: $23.56
$24.86
52-Week Range
$20.26
Now: $22.33
$35.81
Volume836,411 shs
Average Volume361,464 shs
Market Capitalization$1.42 billion
P/E Ratio11.00
Dividend Yield4.08%
Beta1.05
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. It also provides mortgage banking services, including construction financing, production of conventional and government insured mortgages, and secondary marketing and mortgage servicing; overdraft facilities; and treasury management services. In addition, 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 well as provides an intermediary vehicle for the provision of loans or investments in low-income communities. Further, it engages in the administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and provision of corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. As of December 31, 2018, the company operated 181 full-service branches and 14 limited-service branches; 178 ATMs and 4 interactive teller machines (ITMs) at on-premise locations; and 61 ATMs and 3 ITMs at off-premise locations. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.22 out of 5 stars


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$710.41 million
Cash Flow$3.19 per share
Book Value$25.84 per share

Profitability

Net Income$150.46 million

Miscellaneous

Employees2,844
Market Cap$1.42 billion
Next Earnings Date10/27/2020 (Estimated)
OptionableOptionable
$22.33
-0.21 (-0.93 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Trustmark (NASDAQ:TRMK) Frequently Asked Questions

How has Trustmark's stock been impacted by Coronavirus?

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.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Trustmark?

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
.

When is Trustmark's next earnings date?

Trustmark is scheduled to release its next quarterly earnings announcement on Tuesday, October 27th 2020.
View our earnings forecast for Trustmark
.

How were Trustmark's earnings last quarter?

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
.

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

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
.

What price target have analysts set for TRMK?

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
.

Are investors shorting 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
.

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), AutoZone (AZO), AEGON (AEG), BJ's Restaurants (BJRI), Continental Resources (CLR) and Designer Brands (DBI).

Who are Trustmark's key executives?

Trustmark's management team includes the following 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)

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 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
.

Which major investors are selling Trustmark stock?

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
.

Which major investors are buying Trustmark stock?

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
.

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, Robinhood, Fidelity, and Charles Schwab.

What is Trustmark's stock price today?

One share of TRMK stock can currently be purchased for approximately $22.33.

How big of a company is Trustmark?

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.

What is Trustmark's official website?

The official website for Trustmark is 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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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