Trustmark Co. (NASDAQ:TRMK - Free Report) - DA Davidson issued their Q2 2025 earnings per share estimates for shares of Trustmark in a report issued on Thursday, April 24th. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings of $0.82 per share for the quarter. DA Davidson has a "Neutral" rating and a $41.00 price target on the stock. The consensus estimate for Trustmark's current full-year earnings is $3.42 per share. DA Davidson also issued estimates for Trustmark's FY2026 earnings at $3.58 EPS.
TRMK has been the topic of a number of other research reports. Keefe, Bruyette & Woods lowered their price objective on Trustmark from $45.00 to $43.00 and set an "outperform" rating on the stock in a report on Thursday. Hovde Group lifted their price target on Trustmark from $36.00 to $37.00 and gave the company a "market perform" rating in a research note on Monday. Finally, Janney Montgomery Scott started coverage on Trustmark in a report on Friday, January 24th. They set a "buy" rating and a $42.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $39.80.
View Our Latest Research Report on TRMK
Trustmark Stock Performance
Trustmark stock traded up $0.34 during trading hours on Friday, reaching $33.68. 372,273 shares of the stock were exchanged, compared to its average volume of 299,060. Trustmark has a 52-week low of $27.42 and a 52-week high of $40.73. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.86 and a current ratio of 0.87. The firm's 50 day moving average is $33.88 and its 200 day moving average is $35.66. The stock has a market cap of $2.05 billion, a P/E ratio of 9.25 and a beta of 0.67.
Trustmark (NASDAQ:TRMK - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The financial services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.82 by $0.06. Trustmark had a return on equity of 10.12% and a net margin of 19.42%. The business had revenue of $231.83 million during the quarter, compared to analysts' expectations of $195.38 million.
Trustmark Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Sunday, June 15th. Investors of record on Sunday, June 1st will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Friday, May 30th. Trustmark's dividend payout ratio is currently 25.00%.
Hedge Funds Weigh In On Trustmark
Hedge funds have recently bought and sold shares of the company. Barclays PLC increased its position in shares of Trustmark by 124.7% in the third quarter. Barclays PLC now owns 125,743 shares of the financial services provider's stock valued at $4,001,000 after buying an additional 69,779 shares in the last quarter. World Investment Advisors LLC acquired a new stake in Trustmark in the 3rd quarter valued at about $499,000. Synovus Financial Corp increased its holdings in Trustmark by 101.4% during the 3rd quarter. Synovus Financial Corp now owns 30,758 shares of the financial services provider's stock valued at $979,000 after acquiring an additional 15,485 shares in the last quarter. Legacy Wealth Management LLC MS raised its position in Trustmark by 10.3% during the third quarter. Legacy Wealth Management LLC MS now owns 10,700 shares of the financial services provider's stock worth $340,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of Trustmark by 6.8% in the third quarter. Principal Financial Group Inc. now owns 598,969 shares of the financial services provider's stock valued at $19,059,000 after purchasing an additional 37,989 shares in the last quarter. 67.64% of the stock is owned by hedge funds and other institutional investors.
About Trustmark
(
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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.
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