NASDAQ:TRMK - Trustmark Stock Price, Forecast & News

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

Trustmark declared a quarterly dividend on Tuesday, January 28th. Investors of record on Sunday, March 1st will be paid a dividend of $0.23 per share on Sunday, March 15th. This represents a $0.92 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Thursday, February 27th. View Trustmark's Dividend History.

Trustmark Corp (NASDAQ:TRMK) posted its earnings results on Tuesday, January, 28th. The financial services provider reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by $0.03. The financial services provider earned $156.30 million during the quarter, compared to analysts' expectations of $156.19 million. Trustmark had a net margin of 21.18% and a return on equity of 9.38%. The company's revenue for the quarter was up 2.8% on a year-over-year basis. During the same period last year, the company earned $0.55 EPS. View Trustmark's Earnings History.

Trustmark is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for Trustmark.

3 equities research analysts have issued 1 year target prices for Trustmark's stock. Their forecasts range from $32.00 to $36.00. On average, they anticipate Trustmark's stock price to reach $34.00 in the next year. This suggests a possible upside of 6.3% from the stock's current price. View Analyst Price Targets for Trustmark.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trustmark.

News stories about TRMK stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Trustmark earned a news impact score of 0.7 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Trustmark.

Trustmark saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 3,410,000 shares, a drop of 7.3% from the January 15th total of 3,680,000 shares. Based on an average daily volume of 192,800 shares, the days-to-cover ratio is presently 17.7 days. Approximately 5.9% of the shares of the stock are sold short. View Trustmark's Current Options Chain.

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

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), BJ's Restaurants (BJRI), AutoZone (AZO), Continental Resources (CLR), Designer Brands (DBI) and Vista Outdoor (VSTO).

Trustmark's stock is owned by a number of of retail and institutional investors. Top institutional investors include Earnest Partners LLC (3.89%), State Street Corp (3.68%), FMR LLC (1.60%), Bank of New York Mellon Corp (1.55%), Newport Trust Co (1.32%) and Acadian Asset Management LLC (1.14%). Company insiders that own Trustmark stock include Breck W Tyler, Charles Scott Woods, Harry M Walker, Leroy G Walker Jr 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 FMR LLC, State Street Corp, Principal Financial Group Inc., Hotchkis & Wiley Capital Management LLC, Hancock Whitney Corp, Chicago Equity Partners LLC, California Public Employees Retirement System and Point72 Asset Management L.P.. Company insiders that have sold Trustmark company stock in the last year include Breck W Tyler, Charles Scott Woods, Harry M Walker and Robert B Harvey. View Insider Buying and Selling for Trustmark.

TRMK stock was bought by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Bank of New York Mellon Corp, UBS Group AG, Acadian Asset Management LLC, Goldman Sachs Group Inc., Great West Life Assurance Co. Can, Barclays PLC and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling 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 $31.99.

Trustmark has a market capitalization of $2.06 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 2,856 workers across the globe.View Additional Information About Trustmark.

The official website for Trustmark is http://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]