Equities analysts expect that Trustmark Corp (NASDAQ:TRMK) will report $0.51 earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for Trustmark’s earnings, with the highest EPS estimate coming in at $0.53 and the lowest estimate coming in at $0.49. Trustmark posted earnings of $0.54 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 5.6%. The firm is expected to announce its next quarterly earnings report on Tuesday, April 23rd.

On average, analysts expect that Trustmark will report full year earnings of $2.22 per share for the current year, with EPS estimates ranging from $2.15 to $2.27. For the next fiscal year, analysts expect that the business will post earnings of $2.30 per share, with EPS estimates ranging from $2.25 to $2.34. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that cover Trustmark.

Trustmark (NASDAQ:TRMK) last announced its earnings results on Wednesday, January 23rd. The financial services provider reported $0.55 EPS for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.01. The company had revenue of $151.97 million for the quarter, compared to analysts’ expectations of $152.00 million. Trustmark had a return on equity of 9.43% and a net margin of 21.89%. During the same period last year, the firm earned $0.48 EPS.

TRMK has been the topic of a number of recent analyst reports. Zacks Investment Research cut Trustmark from a “buy” rating to a “hold” rating in a report on Friday, January 18th. SunTrust Banks decreased their price target on Trustmark from $36.00 to $31.00 and set a “hold” rating on the stock in a report on Monday, October 29th. BidaskClub raised Trustmark from a “sell” rating to a “hold” rating in a report on Tuesday, October 30th. ValuEngine raised Trustmark from a “sell” rating to a “hold” rating in a report on Tuesday, October 30th. Finally, Raymond James lowered Trustmark from a “market perform” rating to an “underperform” rating in a research report on Monday, January 7th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $34.20.

In other Trustmark news, Director Leroy G. Walker, Jr. sold 1,789 shares of the business’s stock in a transaction that occurred on Monday, December 10th. The stock was sold at an average price of $30.35, for a total transaction of $54,296.15. Following the completion of the transaction, the director now owns 13,159 shares in the company, valued at $399,375.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charles Scott Woods sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, November 26th. The shares were sold at an average price of $31.65, for a total value of $47,475.00. Following the transaction, the insider now owns 12,398 shares of the company’s stock, valued at approximately $392,396.70. The disclosure for this sale can be found here. Insiders have sold 7,789 shares of company stock valued at $242,421 in the last 90 days. Company insiders own 1.50% of the company’s stock.

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC raised its stake in shares of Trustmark by 66.3% during the third quarter. SG Americas Securities LLC now owns 51,059 shares of the financial services provider’s stock valued at $1,718,000 after acquiring an additional 20,348 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Trustmark by 953.3% during the third quarter. Bank of Montreal Can now owns 54,215 shares of the financial services provider’s stock valued at $1,825,000 after acquiring an additional 49,068 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Trustmark by 1.1% during the third quarter. Vanguard Group Inc. now owns 6,008,142 shares of the financial services provider’s stock valued at $202,174,000 after acquiring an additional 65,576 shares in the last quarter. Vanguard Group Inc raised its stake in shares of Trustmark by 1.1% during the third quarter. Vanguard Group Inc now owns 6,008,142 shares of the financial services provider’s stock valued at $202,174,000 after acquiring an additional 65,576 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Trustmark by 0.8% during the third quarter. Bank of New York Mellon Corp now owns 931,742 shares of the financial services provider’s stock valued at $31,353,000 after acquiring an additional 7,715 shares in the last quarter. Institutional investors and hedge funds own 72.38% of the company’s stock.

NASDAQ:TRMK traded up $0.23 on Wednesday, reaching $33.01. 12,592 shares of the company’s stock traded hands, compared to its average volume of 492,242. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The stock has a market cap of $2.22 billion, a PE ratio of 14.94 and a beta of 1.03. Trustmark has a 12 month low of $26.84 and a 12 month high of $36.32.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be given a $0.23 dividend. The ex-dividend date of this dividend is Thursday, February 28th. This represents a $0.92 annualized dividend and a yield of 2.79%. Trustmark’s dividend payout ratio is currently 41.63%.

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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Earnings History and Estimates for Trustmark (NASDAQ:TRMK)

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