Trustmark Co纳斯达克股票代码：TRMK）给予经纪商共识评级 “持有”

Shares of Trustmark Co. (NASDAQ:TRMK – Get Rating) have been given an average recommendation of "Hold" by the seven ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $34.20.

Several equities analysts have weighed in on the stock. Raymond James upgraded shares of Trustmark from a "market perform" rating to an "outperform" rating and set a $34.00 target price on the stock in a report on Tuesday, February 21st. DA Davidson started coverage on shares of Trustmark in a research note on Monday, January 9th. They set a "neutral" rating and a $38.00 target price on the stock. Truist Financial dropped their price objective on shares of Trustmark from $37.00 to $30.00 and set a "hold" rating on the stock in a research report on Wednesday, February 1st. StockNews.com cut shares of Trustmark from a "hold" rating to a "sell" rating in a research note on Wednesday, March 15th. Finally, Piper Sandler decreased their price target on shares of Trustmark from $36.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday, January 26th.

Trustmark Stock Up 0.4 %

TRMK opened at $24.70 on Monday. Trustmark has a fifty-two week low of $23.86 and a fifty-two week high of $38.47. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.80 and a current ratio of 0.81. The company has a fifty day moving average of $28.27 and a two-hundred day moving average of $32.29. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 21.29 and a beta of 0.80.

Trustmark (NASDAQ:TRMK – Get Rating) last posted its quarterly earnings results on Tuesday, January 24th. The financial services provider reported $0.68 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.14). The business had revenue of $225.13 million for the quarter, compared to analyst estimates of $196.87 million. Trustmark had a return on equity of 9.48% and a net margin of 9.47%. During the same quarter in the previous year, the firm posted $0.42 earnings per share. On average, research analysts expect that Trustmark will post 2.36 earnings per share for the current year.

Trustmark Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st were issued a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, February 28th. This represents a $0.92 dividend on an annualized basis and a yield of 3.72%. Trustmark's payout ratio is 79.31%.

Insider Activity at Trustmark

In other news, Director Tracy T. Conerly bought 1,500 shares of the firm's stock in a transaction dated Friday, January 27th. The stock was acquired at an average cost of $28.24 per share, for a total transaction of $42,360.00. Following the completion of the purchase, the director now owns 1,500 shares of the company's stock, valued at $42,360. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is owned by insiders.

Institutional Trading of Trustmark

A number of large investors have recently modified their holdings of TRMK. Quadrant Capital Group LLC lifted its stake in Trustmark by 160.4% during the fourth quarter. Quadrant Capital Group LLC now owns 763 shares of the financial services provider's stock valued at $27,000 after buying an additional 470 shares in the last quarter. Wipfli Financial Advisors LLC purchased a new stake in shares of Trustmark in the third quarter worth approximately $26,000. Delta Asset Management LLC TN purchased a new stake in shares of Trustmark in the fourth quarter worth approximately $37,000. Coppell Advisory Solutions Corp. purchased a new stake in shares of Trustmark in the fourth quarter worth approximately $43,000. Finally, Ronald Blue Trust Inc. purchased a new stake in shares of Trustmark in the second quarter worth approximately $42,000. Institutional investors and hedge funds own 65.83% of the company's stock.

About Trustmark

(Get Rating)

Trustmark Corp. is a bank holding company, which engages in the provision of banking, wealth management and insurance solutions. It operates through the following segments: General Banking, Wealth Management, and Insurance. The General Banking segment offers traditional banking products and service. The Wealth Management segment provides integrated financial services and traditional banking products and services, such as private banking, money management, full-service brokerage, financial planning, personal and institutional trust, and retirement services.

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