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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
The Next Big Crisis Is Here (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
Can Amazon Recover Amid Tech Stock Sell-off?
KLA Corporation: Strength In A Troubled Semi-Market
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
The Next Big Crisis Is Here (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
Can Amazon Recover Amid Tech Stock Sell-off?
KLA Corporation: Strength In A Troubled Semi-Market
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
WSC Sports Was Built on a Love for Sports. It Changed The Entire Game.
Ride These Railroad Stocks for Growth and Income
The Next Big Crisis Is Here (Ad)
ASML Sees Demand For Chips Rallying This Year, Boosts Sales View
Microsoft’s Comeback Is Now Underway
The Next Big Crisis Is Here (Ad)
Can Amazon Recover Amid Tech Stock Sell-off?
KLA Corporation: Strength In A Troubled Semi-Market
NASDAQ:TRMK

Trustmark - TRMK Stock Forecast, Price & News

$28.62
+0.41 (+1.45%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$27.92
$28.82
50-Day Range
$28.21
$36.72
52-Week Range
$26.67
$38.47
Volume
543,958 shs
Average Volume
377,498 shs
Market Capitalization
$1.74 billion
P/E Ratio
24.67
Dividend Yield
3.26%
Price Target
$34.25

Trustmark MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
19.7% Upside
$34.25 Price Target
Short Interest
Bearish
3.22% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.07mentions of Trustmark in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-9.42%
From $3.08 to $2.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.72 out of 5 stars

Finance Sector

800th out of 900 stocks

National Commercial Banks Industry

81st out of 85 stocks


TRMK stock logo

About Trustmark (NASDAQ:TRMK) Stock

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 operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; 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, as well as treasury management services. The company also provides mortgage banking services, including construction financing, production of conventional and government-insured mortgages, and secondary marketing and mortgage servicing. In addition, it provides wealth management and trust services, such as administration of personal trusts and estates; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and corporate trust and institutional custody, securities brokerage, financial and estate planning, retirement plan, and investment management services. Further, 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 of December 31, 2021, it operated 167 full-service branches and 13 limited service branches; and 198 automated teller machines and 69 interactive teller machines. The company was founded in 1889 and is headquartered in Jackson, Mississippi.

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TRMK Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
CFRA Downgrades Trustmark to Sell
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Trustmark (TRMK) Scheduled to Post Earnings on Tuesday
Community Trust Bancorp (CTBI) Q4 Earnings Beat Estimates
Trustmark (NASDAQ:TRMK) Will Pay A Dividend Of $0.23
Trustmark Third Quarter 2022 Earnings: Beats Expectations
Trustmark's (NASDAQ:TRMK) Dividend Will Be $0.23
Trustmark: Q3 Earnings Snapshot
See More Headlines
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TRMK Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Last Earnings
1/24/2023
Today
1/28/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:TRMK
CUSIP
89840210
Employees
2,692
Year Founded
1913

Price Target and Rating

Average Stock Price Forecast
$34.25
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+19.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$147.37 million
Pretax Margin
9.71%

Debt

Sales & Book Value

Annual Sales
$759.32 million
Cash Flow
$3.58 per share
Book Value
$24.48 per share

Miscellaneous

Free Float
60,284,000
Market Cap
$1.74 billion
Optionable
Optionable
Beta
0.86

Social Links


Key Executives

  • Mr. Duane Arthur Dewey CFP (Age 64)
    Pres, CEO & Director
    Comp: $1.56M
  • Mr. Thomas C. Owens (Age 58)
    Principal Financial Officer & Treasurer
    Comp: $648.81k
  • Mr. Granville Tate Jr. (Age 66)
    Sec.
    Comp: $4.09M
  • Mr. George T. Chambers Jr. (Age 62)
    Principal Accounting Officer
  • Mr. F. Joseph Rein Jr.
    Sr. VP & Assistant Sec.
  • Ms. Melanie A. Morgan
    Sr. VP & Director of Corp. Communications & Marketing
  • Mr. Wayne Arthur Stevens (Age 58)
    Pres of Retail Banking of Trustmark National Bank













TRMK Stock - Frequently Asked Questions

Should I buy or sell Trustmark stock right now?

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.

What is Trustmark's stock price forecast for 2023?

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.

How have TRMK shares performed in 2023?

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.
View the best growth stocks for 2023 here
.

When is Trustmark's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our TRMK earnings forecast
.

How were Trustmark's earnings last quarter?

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.

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

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
.

Is Trustmark a good dividend stock?

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.

What is Gerard R. (Jerry) Host's approval rating as Trustmark's CEO?

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.

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), Aegon (AEG), AutoZone (AZO), Marathon Petroleum (MPC), AT&T (T) and BJ's Restaurants (BJRI).

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 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.
View institutional ownership trends
.

How do I buy shares of Trustmark?

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.
Compare Top Brokerages Here.

What is Trustmark's stock price today?

One share of TRMK stock can currently be purchased for approximately $28.62.

How much money does Trustmark make?

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.

How many employees does Trustmark have?

The company employs 2,692 workers across the globe.

Does Trustmark have any subsidiaries?
The following companies are subsidiares of Trustmark: CoreSource, Health Contact Partners, Health Fitness Corporation, Optimal Business Services, Starmark, Trustmark Group, Trustmark Insurance, and Trustmark Voluntary Benefit Solutions.
Read More
How can I contact Trustmark?

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.

This page (NASDAQ:TRMK) was last updated on 1/28/2023 by MarketBeat.com Staff