A number of firms have modified their ratings and price targets on shares of Trustmark (NASDAQ: TRMK) recently:

  • 2/5/2018 – Trustmark was given a new $33.00 price target on by analysts at Hovde Group. They now have a “hold” rating on the stock.
  • 2/5/2018 – Trustmark was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/30/2018 – Trustmark had its price target lowered by analysts at SunTrust Banks, Inc. to $33.00. They now have an “average” rating on the stock.
  • 1/25/2018 – Trustmark had its “hold” rating reaffirmed by analysts at Stephens. They now have a $34.00 price target on the stock.
  • 1/25/2018 – Trustmark had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $33.00 price target on the stock.
  • 1/25/2018 – Trustmark was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/13/2018 – Trustmark was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $38.00 price target on the stock. According to Zacks, “Trustmark Corporation is a multi-bank holding company. Its primary business activities are conducted through its wholly-owned subsidiary, Trustmark National Bank and Trustmark National Bank’s wholly-owned nonbanking subsidiaries, Trustmark Financial Services, Inc. and Trustmark Insurance Agency, Inc. Trustmark National Bank accounts for substantially all of the assets and revenues of the company. “
  • 1/11/2018 – Trustmark was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/9/2018 – Trustmark had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $38.00 price target on the stock.
  • 1/4/2018 – Trustmark was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 12/22/2017 – Trustmark was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 12/14/2017 – Trustmark was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.

Shares of Trustmark Corp (NASDAQ:TRMK) opened at $30.42 on Friday. The firm has a market cap of $2,108.94, a price-to-earnings ratio of 19.63 and a beta of 1.11. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.76 and a current ratio of 0.77. Trustmark Corp has a 12 month low of $28.16 and a 12 month high of $35.09.

Trustmark (NASDAQ:TRMK) last announced its earnings results on Tuesday, January 23rd. The financial services provider reported $0.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.48. The business had revenue of $153.06 million during the quarter, compared to analyst estimates of $152.80 million. Trustmark had a net margin of 16.15% and a return on equity of 8.35%. During the same period in the previous year, the business earned $0.43 EPS. equities research analysts predict that Trustmark Corp will post 2.15 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.23 per share. The ex-dividend date is Wednesday, February 28th. This represents a $0.92 dividend on an annualized basis and a yield of 3.02%. Trustmark’s dividend payout ratio is presently 59.35%.

Trustmark Corporation is a bank holding company. The Company’s principal subsidiary is Trustmark National Bank (TNB). Through TNB and its subsidiaries, the Company operates as a financial services company providing banking and other financial solutions. It operates through three segments: General Banking, Wealth Management and Insurance.

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