NASDAQ:TRMK Trustmark (TRMK) Stock Price, News & Analysis → Global crypto currency reset (41 major banks signed up) (From Stansberry Research) (Ad) Free TRMK Stock Alerts $30.86 +0.28 (+0.92%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$30.42▼$31.1250-Day Range$25.46▼$30.8652-Week Range$18.96▼$31.12Volume304,497 shsAverage Volume319,337 shsMarket Capitalization$1.89 billionP/E Ratio12.01Dividend Yield2.98%Price Target$32.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Trustmark alerts: Email Address Trustmark MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside6.1% Upside$32.75 Price TargetShort InterestHealthy2.67% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.88Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth8.30%From $2.77 to $3.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.74 out of 5 starsFinance Sector563rd out of 874 stocksNational Commercial Banks Industry64th out of 85 stocks 1.1 Analyst's Opinion Consensus RatingTrustmark has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageTrustmark has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.67% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Trustmark has recently decreased by 8.54%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTrustmark pays a meaningful dividend of 2.98%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTrustmark does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Trustmark is 35.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Trustmark will have a dividend payout ratio of 30.67% next year. This indicates that Trustmark will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRMK. Previous Next 3.3 News and Social Media Coverage News SentimentTrustmark has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Trustmark this week, compared to 3 articles on an average week.Search Interest1 people have searched for TRMK on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Trustmark insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of Trustmark is held by insiders.Percentage Held by Institutions67.64% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Trustmark are expected to grow by 8.30% in the coming year, from $2.77 to $3.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 12.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 12.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.68.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsIf you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)Watch my video for all of the details About Trustmark Stock (NASDAQ:TRMK)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. Trustmark Corporation was founded in 1889 and is headquartered in Jackson, Mississippi.Read More TRMK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRMK Stock News HeadlinesApril 29, 2024 | americanbankingnews.comDA Davidson Comments on Trustmark Co.'s Q2 2024 Earnings (NASDAQ:TRMK)April 28, 2024 | americanbankingnews.comTrustmark (NASDAQ:TRMK) PT Raised to $32.00May 5, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. April 27, 2024 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Price Target Raised to $34.00April 27, 2024 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Stock Rating Upgraded by StockNews.comApril 27, 2024 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Rating Increased to Outperform at Keefe, Bruyette & WoodsApril 26, 2024 | finance.yahoo.comTrustmark Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextApril 25, 2024 | 247wallst.com4 Stocks Wall Street Just Thumbed UpMay 5, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year. April 25, 2024 | msn.comKeefe, Bruyette & Woods Upgrades Trustmark (TRMK)April 25, 2024 | markets.businessinsider.comIn-Depth Examination Of 4 Analyst Recommendations For TrustmarkApril 25, 2024 | finance.yahoo.comTrustmark Corporation (NASDAQ:TRMK) Q1 2024 Earnings Call TranscriptApril 25, 2024 | finance.yahoo.comTrustmark Corp (TRMK) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics and ...April 25, 2024 | finance.yahoo.comTrustmark First Quarter 2024 Earnings: Beats ExpectationsApril 25, 2024 | americanbankingnews.comTrustmark (NASDAQ:TRMK) Reaches New 12-Month High on Better-Than-Expected EarningsApril 24, 2024 | markets.businessinsider.comKBW Keeps Their Hold Rating on Trustmark (TRMK)April 24, 2024 | uk.finance.yahoo.comTrustmark Announces Agreement to Sell Fisher Brown Bottrell Insurance, Inc. to Marsh & McLennan Agency LLCApril 23, 2024 | sfgate.comTrustmark: Q1 Earnings SnapshotApril 23, 2024 | msn.comTrustmark declares $0.23 dividendApril 23, 2024 | finance.yahoo.comTrustmark Corporation Announces First Quarter 2024 Financial ResultsApril 23, 2024 | msn.comTRMK Stock Earnings: Trustmark Beats EPS, Beats Revenue for Q1 2024April 23, 2024 | gurufocus.comTrustmark Corp (TRMK) Q1 2024 Earnings: Surpasses Analyst Revenue ForecastsApril 7, 2024 | cnn.comTrustmark CorporationApril 5, 2024 | businesswire.comTrustmark Corporation to Announce First Quarter Financial Results April 23 and Conduct Earnings Conference Call April 24April 2, 2024 | au.finance.yahoo.comTrustmark Corporation (TRMK)April 1, 2024 | finance.yahoo.comInstitutional investors are Trustmark Corporation's (NASDAQ:TRMK) biggest bettors and were rewarded after last week's US$73m market cap gainMarch 28, 2024 | msn.comS&P Global downgrades outlooks on five regional US banks to 'negative'See More Headlines Receive TRMK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Trustmark and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Last Earnings4/23/2024Today5/05/2024Ex-Dividend for 6/15 Dividend5/31/2024Dividend Payable6/15/2024Next Earnings (Estimated)7/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:TRMK CUSIP89840210 CIK36146 Webwww.trustmark.com Phone(601) 208-5111Fax601-961-6016Employees2,757Year Founded1913Price Target and Rating Average Stock Price Target$32.75 High Stock Price Target$36.00 Low Stock Price Target$29.00 Potential Upside/Downside+6.1%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio12.01 Forward P/E Ratio11.06 P/E GrowthN/ANet Income$165.49 million Net Margins13.82% Pretax Margin16.51% Return on Equity10.04% Return on Assets0.88% Debt Debt-to-Equity Ratio0.11 Current Ratio0.84 Quick Ratio0.83 Sales & Book Value Annual Sales$1.10 billion Price / Sales1.72 Cash Flow$3.53 per share Price / Cash Flow8.75 Book Value$27.50 per share Price / Book1.12Miscellaneous Outstanding Shares61,180,000Free Float60,260,000Market Cap$1.89 billion OptionableOptionable Beta0.78 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Thomas C. Owens (Age 59)Principal Financial Officer & Treasurer Comp: $752.06kMr. Granville Tate Jr. (Age 67)Secretary Comp: $819.29kMr. George T. Chambers Jr. (Age 63)Principal Accounting Officer Mr. F. Joseph Rein Jr.Senior VP & Assistant SecretaryMs. Melanie A. MorganSenior VP & Director of Corporate Communications & MarketingKey CompetitorsNBT BancorpNASDAQ:NBTBFirst MerchantsNASDAQ:FRMEWesBancoNASDAQ:WSBCBancorpNASDAQ:TBBKFirst Financial Bancorp.NASDAQ:FFBCView All CompetitorsInsiders & InstitutionsWakefield Asset Management LLLPBought 33,772 shares on 5/1/2024Ownership: 0.055%BNP Paribas Financial MarketsBought 5,834 shares on 5/1/2024Ownership: 0.050%Mirae Asset Global Investments Co. Ltd.Sold 1,047 shares on 5/1/2024Ownership: 0.044%HB Wealth Management LLCSold 1,479 shares on 4/30/2024Ownership: 0.121%Principal Financial Group Inc.Bought 31,951 shares on 4/29/2024Ownership: 0.942%View All Insider TransactionsView All Institutional Transactions TRMK Stock Analysis - Frequently Asked Questions Should I buy or sell Trustmark stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trustmark in the last twelve months. There are currently 3 hold ratings and 1 buy rating 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 target for 2024? 4 Wall Street research analysts have issued 12 month price targets for Trustmark's shares. Their TRMK share price targets range from $29.00 to $36.00. On average, they anticipate the company's stock price to reach $32.75 in the next twelve months. This suggests a possible upside of 6.1% 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 2024? Trustmark's stock was trading at $27.88 at the start of the year. Since then, TRMK shares have increased by 10.7% and is now trading at $30.86. View the best growth stocks for 2024 here. When is Trustmark's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024. View our TRMK earnings forecast. How were Trustmark's earnings last quarter? Trustmark Co. (NASDAQ:TRMK) posted its quarterly earnings results on Tuesday, April, 23rd. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.08. The financial services provider had revenue of $288.55 million for the quarter, compared to the consensus estimate of $187.03 million. Trustmark had a trailing twelve-month return on equity of 10.04% and a net margin of 13.82%. During the same period in the prior year, the company earned $0.82 EPS. How often does Trustmark pay dividends? What is the dividend yield for Trustmark? Trustmark announced a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Saturday, June 1st will be given a dividend of $0.23 per share on Saturday, June 15th. This represents a $0.92 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Friday, May 31st. 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 2.98%. The dividend payout ratio is 35.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRMK will have a dividend payout ratio of 30.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TRMK. What ETFs hold Trustmark's stock? ETFs with the largest weight of Trustmark (NASDAQ:TRMK) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).iShares US Small Cap Value Factor ETF (SVAL). 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 Xtrackers California Municipal Bond ETF (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). Who are Trustmark's major shareholders? Trustmark's stock is owned by many different institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (0.94%), Ignite Planners LLC (0.23%), HB Wealth Management LLC (0.12%), Wakefield Asset Management LLLP (0.06%), BNP Paribas Financial Markets (0.05%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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 This page (NASDAQ:TRMK) was last updated on 5/5/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? 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