NASDAQ:TRMKTrustmark Stock Price, Forecast & News

Trustmark's stock was trading at $22.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRMK stock has decreased by 3.0% and is now trading at $22.19. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last year. There are currently 2 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, July 28th 2020. View our earnings forecast for Trustmark.

Trustmark will be holding an earnings conference call on Tuesday, July 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Trustmark Corp (NASDAQ:TRMK) posted its quarterly earnings results on Tuesday, April, 28th. The financial services provider reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.09. The financial services provider had revenue of $169.20 million for the quarter, compared to analyst estimates of $153.50 million. Trustmark had a net margin of 19.11% and a return on equity of 8.81%. The firm's revenue for the quarter was up 13.2% on a year-over-year basis. During the same period last year, the company earned $0.51 earnings per share. View Trustmark's earnings history.

Trustmark declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Monday, June 1st will be given a dividend of $0.23 per share on Monday, June 15th. This represents a $0.92 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend is Friday, May 29th. View Trustmark's dividend history.

2 equities research analysts have issued 1-year target prices for Trustmark's stock. 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 37.4% from the stock's current price. View analysts' price targets for Trustmark.

News articles about TRMK stock have trended negative on Friday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Trustmark earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned media coverage 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 company's share price in the next several days. View the latest news about Trustmark.

Trustmark saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,300,000 shares, a decline of 16.1% from the June 15th total of 2,740,000 shares. Based on an average daily volume of 419,500 shares, the days-to-cover ratio is currently 5.5 days. Currently, 3.7% of the company's stock are sold short. View Trustmark's Current Options Chain.

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), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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 a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.05%). 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management 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 $22.19.

Trustmark has a market capitalization of $1.41 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]