News headlines about Trustmark (NASDAQ:TRMK) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Trustmark earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.3331470269312 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Trustmark stock opened at $35.54 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.80 and a quick ratio of 0.78. Trustmark has a 52 week low of $28.99 and a 52 week high of $36.32. The stock has a market cap of $2.41 billion, a P/E ratio of 18.51 and a beta of 0.96.

Trustmark (NASDAQ:TRMK) last released its earnings results on Tuesday, July 24th. The financial services provider reported $0.59 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.05. Trustmark had a return on equity of 9.13% and a net margin of 19.01%. The firm had revenue of $155.76 million during the quarter, compared to the consensus estimate of $151.50 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. equities analysts anticipate that Trustmark will post 2.26 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, September 15th. Shareholders of record on Saturday, September 1st will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, August 30th. Trustmark’s payout ratio is presently 47.92%.

A number of research firms recently commented on TRMK. BidaskClub downgraded Trustmark from a “buy” rating to a “hold” rating in a report on Saturday, August 25th. Hovde Group set a $35.00 target price on Trustmark and gave the stock a “hold” rating in a report on Saturday, July 28th. Sandler O’Neill reaffirmed a “hold” rating and set a $35.00 target price on shares of Trustmark in a report on Thursday, July 26th. Finally, Zacks Investment Research raised Trustmark from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a report on Thursday, June 28th. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Trustmark currently has a consensus rating of “Hold” and an average target price of $34.86.

In other Trustmark news, insider Charles Scott Woods sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, July 27th. The stock was sold at an average price of $35.41, for a total value of $70,820.00. Following the completion of the transaction, the insider now directly owns 13,998 shares of the company’s stock, valued at $495,669.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Trustmark Company Profile

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 offers checking, savings, and money market accounts; individual retirement accounts; certificates of deposits; 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.

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Insider Buying and Selling by Quarter for Trustmark (NASDAQ:TRMK)

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