Trustmark - TRMK Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities 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.

2 brokers have issued twelve-month price targets for Trustmark's stock. Their TRMK share price forecasts range from $30.00 to $38.00. On average, they expect the company's share price to reach $34.25 in the next year. This suggests a possible upside of 19.7% from the stock's current price.
View analysts price targets for TRMK or view top-rated stocks among Wall Street analysts.

Trustmark's stock was trading at $34.91 at the start of the year. Since then, TRMK shares have decreased by 18.0% and is now trading at $28.62.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our TRMK earnings forecast.

Trustmark Co. (NASDAQ:TRMK) announced its quarterly earnings results on Tuesday, January, 24th. The financial services provider reported $0.68 EPS for the quarter, missing analysts' consensus estimates of $0.82 by $0.14. The financial services provider had revenue of $225.13 million for the quarter, compared to the consensus estimate of $196.87 million. Trustmark had a net margin of 9.47% and a trailing twelve-month return on equity of 9.48%. During the same period in the previous year, the company earned $0.42 earnings per share.

Trustmark announced a quarterly dividend on Tuesday, January 24th. Investors of record on Wednesday, March 1st will be paid a dividend of $0.23 per share on Wednesday, March 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date is Tuesday, February 28th.
Read our dividend analysis for TRMK.

Trustmark (NASDAQ:TRMK) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.26%. 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 32.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRMK.

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.

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).

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

Trustmark's stock is owned by a variety of retail and institutional investors. Top institutional investors include Hanson & Doremus Investment Management (0.23%), HB Wealth Management LLC (0.16%), New York State Teachers Retirement System (0.13%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%) and Alpha DNA Investment Management LLC (0.05%). 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.
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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.
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One share of TRMK stock can currently be purchased for approximately $28.62.

Trustmark (NASDAQ:TRMK) has a market capitalization of $1.74 billion and generates $759.32 million in revenue each year. The financial services provider earns $147.37 million in net income (profit) each year or $1.16 on an earnings per share basis.

The company employs 2,692 workers across the globe.

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.