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 4 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 target for 2024?

4 brokerages have issued 1-year price targets for Trustmark's stock. Their TRMK share price targets range from $29.00 to $30.00. On average, they expect the company's stock price to reach $29.67 in the next twelve months. This suggests a possible upside of 15.3% 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 on January 1st, 2024. Since then, TRMK stock has decreased by 7.7% and is now trading at $25.73. 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, April 23rd 2024. View our TRMK earnings forecast .

How can I listen to Trustmark's earnings call?

Trustmark will be holding an earnings conference call on Wednesday, April 24th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "4820621".

How were Trustmark's earnings last quarter?

Trustmark Co. (NASDAQ:TRMK) issued its quarterly earnings data on Wednesday, January, 24th. The financial services provider reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.04. The financial services provider earned $189.85 million during the quarter, compared to analyst estimates of $187.63 million. Trustmark had a net margin of 15.06% and a trailing twelve-month return on equity of 10.77%. The company's revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.68 earnings per share.

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

Trustmark announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Friday, March 1st will be given a dividend of $0.23 per share on Friday, March 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Thursday, February 29th. 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 3.59%. The dividend payout ratio is 33.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRMK will have a dividend payout ratio of 35.38% 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) and First Trust NASDAQ ABA Community Bank Index Fund (QABA) . SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) .

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 a variety of institutional and retail investors. Top institutional investors include Ignite Planners LLC (0.23%) and Ballew Advisors Inc (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

NASDAQ:TRMK

Trustmark (TRMK) Stock Price, News & Analysis

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Free TRMK Stock Alerts

$25.73

+0.27 (+1.06%)

(As of 04/18/2024 ET)

Compare

Today's Range: $25.44
▼
$25.95
50-Day Range: $25.46
▼
$28.11
52-Week Range: $18.96
▼
$28.65

Volume: 349,618 shs
Average Volume: 271,214 shs
Market Capitalization: $1.57 billion

P/E Ratio: 9.49
Dividend Yield: 3.58%
Price Target: $29.67

Get Trustmark alerts:

Trustmark MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 15.3% Upside
$29.67 Price Target
Short Interest: Bearish
2.92% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 6.56%
From $2.44 to $2.60 Per Share

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.

2.54 out of 5 stars

Finance Sector

569th out of 822 stocks

National Commercial Banks Industry

65th out of 77 stocks

2.0

Analyst's Opinion

Consensus Rating
Trustmark has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Trustmark has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.92% of the float of Trustmark has been sold short.
Short Interest Ratio / Days to Cover
Trustmark has a short interest ratio ("days to cover") of 6.1.
Change versus previous month
Short interest in Trustmark has recently increased by 17.99%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Trustmark is a leading dividend payer. It pays a dividend yield of 3.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Trustmark does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Trustmark is 33.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Trustmark will have a dividend payout ratio of 35.38% next year. This indicates that Trustmark will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRMK.

1.7

News and Social Media Coverage

News Sentiment
Trustmark has a news sentiment score of 0.00. 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 lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Trustmark this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trustmark insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Trustmark is held by insiders.
Percentage Held by Institutions
67.64% of the stock of Trustmark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Trustmark are expected to grow by 6.56% in the coming year, from $2.44 to $2.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trustmark is 9.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trustmark is 9.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.74.
Price to Book Value per Share Ratio
Trustmark has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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.

TRMK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TRMK Stock News Headlines

April 18, 2024 | americanbankingnews.com

DA Davidson Analysts Raise Earnings Estimates for Trustmark Co. (NASDAQ:TRMK)

April 16, 2024 | americanbankingnews.com

Trustmark (TRMK) Set to Announce Quarterly Earnings on Tuesday

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 13, 2024 | americanbankingnews.com

StockNews.com Downgrades Trustmark (NASDAQ:TRMK) to Sell

April 12, 2024 | americanbankingnews.com

Trustmark Co. (NASDAQ:TRMK) Given Consensus Rating of "Hold" by Brokerages

April 7, 2024 | cnn.com

Trustmark Corporation

April 5, 2024 | businesswire.com

Trustmark Corporation to Announce First Quarter Financial Results April 23 and Conduct Earnings Conference Call April 24

April 2, 2024 | au.finance.yahoo.com

Trustmark Corporation (TRMK)

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 1, 2024 | finance.yahoo.com

Institutional investors are Trustmark Corporation's (NASDAQ:TRMK) biggest bettors and were rewarded after last week's US$73m market cap gain

March 28, 2024 | msn.com

S&P Global downgrades outlooks on five regional US banks to 'negative'

March 27, 2024 | investopedia.com

Why S&P Cut Outlook for Five US Regional Banks With Heavy Commercial Real Estate Exposure

March 16, 2024 | finance.yahoo.com

TRMK Apr 2024 30.000 put

February 25, 2024 | msn.com

Trustmark (TRMK) Price Target Increased by 6.47% to 30.19

February 21, 2024 | finance.yahoo.com

Are Investors Undervaluing Trustmark (TRMK) Right Now?

February 18, 2024 | finance.yahoo.com

Trustmark Full Year 2023 Earnings: In Line With Expectations

January 25, 2024 | finance.yahoo.com

Trustmark Corporation (NASDAQ:TRMK) Analysts Are Pretty Bullish On The Stock After Recent Results

January 25, 2024 | finance.yahoo.com

Trustmark Corporation (NASDAQ:TRMK) Q4 2024 Earnings Call Transcript

January 25, 2024 | finance.yahoo.com

Q4 2023 Trustmark Corp Earnings Call

January 24, 2024 | markets.businessinsider.com

Piper Sandler Keeps Their Hold Rating on Trustmark (TRMK)

January 24, 2024 | finance.yahoo.com

Trustmark Corp (TRMK) Reports Solid Loan Growth and Increased Net Interest Income for FY 2023

January 23, 2024 | benzinga.com

Recap: Trustmark Q4 Earnings

January 23, 2024 | finance.yahoo.com

Trustmark (TRMK) Q4 Earnings and Revenues Top Estimates

January 23, 2024 | finance.yahoo.com

Trustmark (TRMK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

January 23, 2024 | finance.yahoo.com

Trustmark Corporation Announces Fourth Quarter and Fiscal Year 2023 Financial Results

January 22, 2024 | benzinga.com

Trustmark Stock (NASDAQ:TRMK), Short Interest Report

January 18, 2024 | finance.yahoo.com

Trustmark (TRMK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

See More Headlines

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Company Calendar

Last Earnings: 1/24/2024
Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: National commercial banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:TRMK
CUSIP: 89840210
CIK: 36146
Web: www.trustmark.com
Phone: (601) 208-5111
Fax: 601-961-6016
Employees: 2,757
Year Founded: 1913

Price Target and Rating

Average Stock Price Target: $29.67
High Stock Price Target: $30.00
Low Stock Price Target: $29.00
Potential Upside/Downside: +15.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.71
Trailing P/E Ratio: 9.51
Forward P/E Ratio: 10.56
P/E Growth: N/A
Net Income: $165.49 million
Net Margins: 15.06%
Pretax Margin: 18.17%
Return on Equity: 10.77%
Return on Assets: 0.92%

Debt

Debt-to-Equity Ratio: 0.11
Current Ratio: 0.85
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $1.10 billion
Price / Sales: 1.43
Cash Flow: $3.51 per share
Price / Cash Flow: 7.34
Book Value: $27.21 per share
Price / Book: 0.95

Miscellaneous

Outstanding Shares: 61,180,000
Free Float: 60,260,000
Market Cap: $1.58 billion
Optionable: Optionable
Beta: 0.82

Social Links

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Key Executives

Mr. Duane Arthur Dewey CFP (Age 65)
M.A., President, CEO & Director
Comp: $1.88M
Mr. Thomas C. Owens (Age 59)
Principal Financial Officer & Treasurer
Comp: $752.06k
Mr. Granville Tate Jr. (Age 67)
Secretary
Comp: $819.29k
Mr. George T. Chambers Jr. (Age 63)
Principal Accounting Officer
Mr. F. Joseph Rein Jr.
Senior VP & Assistant Secretary
Ms. Melanie A. Morgan
Senior VP & Director of Corporate Communications & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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 4 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 target for 2024?: 4 brokerages have issued 1-year price targets for Trustmark's stock. Their TRMK share price targets range from $29.00 to $30.00. On average, they expect the company's stock price to reach $29.67 in the next twelve months. This suggests a possible upside of 15.3% 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 on January 1st, 2024. Since then, TRMK stock has decreased by 7.7% and is now trading at $25.73.
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, April 23rd 2024.
View our TRMK earnings forecast.
How can I listen to Trustmark's earnings call?: Trustmark will be holding an earnings conference call on Wednesday, April 24th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "4820621".
How were Trustmark's earnings last quarter?: Trustmark Co. (NASDAQ:TRMK) issued its quarterly earnings data on Wednesday, January, 24th. The financial services provider reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.04. The financial services provider earned $189.85 million during the quarter, compared to analyst estimates of $187.63 million. Trustmark had a net margin of 15.06% and a trailing twelve-month return on equity of 10.77%. The company's revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.68 earnings per share.
How often does Trustmark pay dividends? What is the dividend yield for Trustmark?: Trustmark announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Friday, March 1st will be given a dividend of $0.23 per share on Friday, March 15th. This represents a $0.92 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date of this dividend is Thursday, February 29th.
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 3.59%. The dividend payout ratio is 33.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRMK will have a dividend payout ratio of 35.38% 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) and First Trust NASDAQ ABA Community Bank Index Fund (QABA).SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).
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 a variety of institutional and retail investors. Top institutional investors include Ignite Planners LLC (0.23%) and Ballew Advisors Inc (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 4/18/2024 by MarketBeat.com Staff

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Trustmark (TRMK) Stock Price, News & Analysis

Trustmark MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Trustmark Stock (NASDAQ:TRMK)

TRMK Stock Price History

TRMK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TRMK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™