NASDAQ:TRST - TrustCo Bank Corp NY Stock Price, Forecast & News

TrustCo Bank Corp NY trades on the NASDAQ under the ticker symbol "TRST."

TrustCo Bank Corp NY announced a quarterly dividend on Tuesday, November 19th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.068 per share on Thursday, January 2nd. This represents a $0.27 annualized dividend and a dividend yield of 3.23%. The ex-dividend date of this dividend is Thursday, December 5th. View TrustCo Bank Corp NY's Dividend History.

TrustCo Bank Corp NY (NASDAQ:TRST) released its quarterly earnings results on Monday, October, 21st. The bank reported $0.15 EPS for the quarter, hitting the Zacks' consensus estimate of $0.15. The bank had revenue of $43.57 million for the quarter. TrustCo Bank Corp NY had a net margin of 28.50% and a return on equity of 11.80%. View TrustCo Bank Corp NY's Earnings History.

TrustCo Bank Corp NY is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for TrustCo Bank Corp NY.

TrustCo Bank Corp NY will be holding an earnings conference call on Tuesday, January 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokers have issued 12-month target prices for TrustCo Bank Corp NY's shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate TrustCo Bank Corp NY's share price to reach $6.00 in the next year. This suggests that the stock has a possible downside of 28.7%. View Analyst Price Targets for TrustCo Bank Corp NY.

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

News headlines about TRST stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TrustCo Bank Corp NY earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for TrustCo Bank Corp NY.

TrustCo Bank Corp NY saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,550,000 shares, an increase of 7.1% from the December 15th total of 2,380,000 shares. Based on an average trading volume of 274,600 shares, the days-to-cover ratio is currently 9.3 days. Currently, 2.7% of the shares of the company are short sold. View TrustCo Bank Corp NY's Current Options Chain.

Some companies that are related to TrustCo Bank Corp NY include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL).

Based on aggregate information from My MarketBeat watchlists, some companies that other TrustCo Bank Corp NY investors own include Ballard Power Systems (BLDP), Arbutus Biopharma (ABUS), General Electric (GE), Rite Aid (RAD), Plug Power (PLUG), Smart Global (SGH), SpartanNash (SPTN), CannTrust (CTST), Orchid Island Capital (ORC) and Verizon Communications (VZ).

TrustCo Bank Corp NY's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.26%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%) and Compass Ion Advisors LLC (0.02%). Company insiders that own TrustCo Bank Corp NY stock include Anthony J Md Phd Marinello, Eric W Schreck, Gennaro Dennis A De, Kevin M Curley, Lisa M Lucarelli, Michael James Hall, Robert M Leonard and William D Powers. View Institutional Ownership Trends for TrustCo Bank Corp NY.

TRST stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold TrustCo Bank Corp NY company stock in the last year include Eric W Schreck, Gennaro Dennis A De, Robert M Leonard and William D Powers. View Insider Buying and Selling for TrustCo Bank Corp NY.

TRST stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Compass Ion Advisors LLC. Company insiders that have bought TrustCo Bank Corp NY stock in the last two years include Anthony J Md Phd Marinello, Gennaro Dennis A De, Kevin M Curley, Lisa M Lucarelli and Michael James Hall. View Insider Buying and Selling for TrustCo Bank Corp NY.

Shares of TRST 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 TRST stock can currently be purchased for approximately $8.41.

TrustCo Bank Corp NY has a market capitalization of $815.10 million and generates $198.99 million in revenue each year. The bank earns $61.44 million in net income (profit) each year or $0.64 on an earnings per share basis. TrustCo Bank Corp NY employs 899 workers across the globe.View Additional Information About TrustCo Bank Corp NY.

The official website for TrustCo Bank Corp NY is http://www.trustcobank.com/.

TrustCo Bank Corp NY's mailing address is 5 SARNOWSKI DRIVE, GLENVILLE NY, 12302. The bank can be reached via phone at 518-377-3311 or via email at [email protected]