Positive News SentimentPositive NewsNASDAQ:TRMK Trustmark (TRMK) Stock Price, News & Analysis $32.00 -0.46 (-1.42%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$31.61▼$32.7450-Day Range$29.23▼$35.4252-Week Range$18.96▼$35.72Volume339,291 shsAverage Volume275,741 shsMarket Capitalization$1.96 billionP/E Ratio12.45Dividend Yield2.88%Price Target$35.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Trustmark alerts: Email Address Trustmark MarketRank™ Stock AnalysisAnalyst RatingHold2.25 Rating ScoreUpside/Downside9.4% Upside$35.00 Price TargetShort InterestBearish3.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth29.96%From $2.37 to $3.08 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.2.20 out of 5 starsFinance Sector632nd out of 871 stocksNational Commercial Banks Industry69th out of 86 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 2 research reports in the past 90 days.Read more about Trustmark's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.48% of the float of Trustmark has been sold short.Short Interest Ratio / Days to CoverTrustmark has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Trustmark has recently increased by 7.10%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldTrustmark pays a meaningful dividend of 2.80%, 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 29.87% next year. This indicates that Trustmark will be able to sustain or increase its dividend.Read more about Trustmark's 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 2.6 News and Social Media Coverage News SentimentTrustmark has a news sentiment score of 1.67. 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 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Trustmark this week, compared to 2 articles on an average week. 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.Read more about Trustmark's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Trustmark are expected to grow by 29.96% in the coming year, from $2.37 to $3.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trustmark is 12.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Trustmark is 12.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.91.Price to Book Value per Share RatioTrustmark has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Trustmark's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressEXPOSED: Hotspot Dates for popular stocks Did you know almost every stock in the market has multiple “Hotspot Dates”? They indicate when the stock has gone up on the same dates… at the same time… FOR DECADES For example, have you ever traded a stock called Constellation Energy (ticker: CEG)? Maybe not… Energy stocks haven’t received much love over the past 12 months. But anybody who knew about the “Hotspot Date” during the last week in January…Go here to get Roger’s top FIVE Hotspot Stocks for This Month! 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 HeadlinesAugust 30, 2024 | americanbankingnews.comHead to Head Review: Trustmark (NASDAQ:TRMK) vs. Industrial and Commercial Bank of China (OTCMKTS:IDCBY)August 29, 2024 | americanbankingnews.comTrustmark Co. (NASDAQ:TRMK) Announces $0.23 Quarterly DividendSeptember 7, 2024 | Insiders Exposed (Ad)Has Trump Finally Gone Too Far?Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. 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And here's the good news.August 25, 2024 | finance.yahoo.comIt Might Not Be A Great Idea To Buy Trustmark Corporation (NASDAQ:TRMK) For Its Next DividendJuly 29, 2024 | msn.comChart of the Day: Trustmark - Great Southern Regional BankJuly 27, 2024 | finance.yahoo.comThe Consensus EPS Estimates For Trustmark Corporation (NASDAQ:TRMK) Just Fell DramaticallyJuly 25, 2024 | seekingalpha.comTrustmark Corporation (TRMK) Q2 2024 Earnings Call TranscriptJuly 25, 2024 | gurufocus.comQ2 2024 Trustmark Corp Earnings Call TranscriptSeptember 7, 2024 | Insiders Exposed (Ad)Has Trump Finally Gone Too Far?Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.July 24, 2024 | seekingalpha.comTrustmark Corporation 2024 Q2 - Results - Earnings Call PresentationJuly 23, 2024 | investorplace.comTRMK Stock Earnings: Trustmark Beats EPS for Q2 2024July 23, 2024 | money.usnews.comTrustmark Corp.July 23, 2024 | finance.yahoo.comTrustmark Corporation Announces Second Quarter 2024 Financial ResultsJuly 22, 2024 | markets.businessinsider.comWhat Wall Street expects from Trustmark's earningsMay 23, 2024 | seekingalpha.comTrustmark: A Low Yield At A Large PremiumApril 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 UpApril 25, 2024 | msn.comKeefe, Bruyette & Woods Upgrades Trustmark (TRMK)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 6/15 Dividend5/31/2024Dividend Payable6/15/2024Last Earnings7/23/2024Ex-Dividend for 9/15 Dividend8/30/2024Today9/07/2024Dividend Payable9/15/2024Next Earnings (Estimated)10/22/2024Fiscal 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$35.00 High Stock Price Target$38.00 Low Stock Price Target$29.00 Potential Upside/Downside+9.4%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio12.45 Forward P/E Ratio13.50 P/E GrowthN/ANet Income$165.49 million Net Margins16.24% Pretax Margin0.11% Return on Equity9.32% Return on Assets0.86% Debt Debt-to-Equity Ratio0.10 Current Ratio0.87 Quick Ratio0.86 Sales & Book Value Annual Sales$481.23 million Price / Sales4.07 Cash Flow$3.35 per share Price / Cash Flow9.54 Book Value$30.70 per share Price / Book1.04Miscellaneous Outstanding Shares61,202,000Free Float60,284,000Market Cap$1.96 billion OptionableOptionable Beta0.74 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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 CompetitorsNorthwest BancsharesNASDAQ:NWBIHope BancorpNASDAQ:HOPEFirst Midwest BancorpNASDAQ:FMBISandy Spring BancorpNASDAQ:SASRWestamerica BancorporationNASDAQ:WABCView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 14,678 shares on 9/5/2024Ownership: 0.024%Magnolia Capital Advisors LLCBought 35,975 shares on 8/16/2024Ownership: 0.059%Elizabeth Park Capital Advisors Ltd.Bought 62,133 shares on 8/15/2024Ownership: 0.102%AQR Capital Management LLCSold 21,772 shares on 8/15/2024Ownership: 0.053%Susquehanna Fundamental Investments LLCBought 12,930 shares on 8/15/2024Ownership: 0.021%View All Institutional Transactions TRMK Stock Analysis - Frequently Asked Questions How have TRMK shares performed this year? Trustmark's stock was trading at $27.88 at the beginning of 2024. Since then, TRMK shares have increased by 14.8% and is now trading at $32.00. View the best growth stocks for 2024 here. How were Trustmark's earnings last quarter? Trustmark Co. (NASDAQ:TRMK) announced its earnings results on Tuesday, July, 23rd. The financial services provider reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.03. The financial services provider earned $283.96 million during the quarter, compared to analyst estimates of $229.83 million. Trustmark had a trailing twelve-month return on equity of 9.32% and a net margin of 16.24%. 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. Does Trustmark have any subsidiaries? Trustmark subsidiaries include these companies: CoreSource, Health Contact Partners, Health Fitness Corporation, Optimal Business Services, Starmark, Trustmark Group, Trustmark Insurance, and Trustmark Voluntary Benefit Solutions. Who are Trustmark's major shareholders? Top institutional shareholders of Trustmark include Dimensional Fund Advisors LP (6.62%), Earnest Partners LLC (5.62%), American Century Companies Inc. (1.61%) and Bank of New York Mellon Corp (1.12%). Insiders that own company stock include Richard H Puckett, Marcelo L Eduardo 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. What other stocks do shareholders of Trustmark own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and AutoZone (AZO). This page (NASDAQ:TRMK) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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