Trustmark (TRMK) to Release Quarterly Earnings on Tuesday

Trustmark (NASDAQ:TRMK) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, January 28th. Analysts expect the company to announce earnings of $0.83 per share and revenue of $194,975.00 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Trustmark Trading Up 1.9 %

TRMK stock opened at $35.69 on Monday. Trustmark has a one year low of $25.24 and a one year high of $40.73. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 10.78 and a beta of 0.76. The company has a fifty day moving average price of $36.59 and a two-hundred day moving average price of $34.49. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.87 and a quick ratio of 0.86.

Analyst Ratings Changes

Several analysts recently commented on the stock. Janney Montgomery Scott began coverage on shares of Trustmark in a report on Friday. They set a “buy” rating and a $42.00 target price for the company. StockNews.com upgraded Trustmark from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. Truist Financial increased their target price on Trustmark from $35.00 to $36.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Hovde Group boosted their price target on Trustmark from $34.00 to $37.00 and gave the company a “market perform” rating in a research note on Tuesday, October 29th. Finally, DA Davidson increased their price objective on Trustmark from $35.00 to $38.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Trustmark presently has an average rating of “Hold” and an average target price of $36.33.

Insider Buying and Selling

In other Trustmark news, Director Gerard R. Host sold 26,416 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $39.73, for a total transaction of $1,049,507.68. Following the sale, the director now directly owns 26,792 shares in the company, valued at $1,064,446.16. This represents a 49.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Marcelo L. Eduardo sold 790 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $35.89, for a total transaction of $28,353.10. Following the completion of the transaction, the director now owns 7,334 shares of the company’s stock, valued at $263,217.26. The trade was a 9.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,206 shares of company stock valued at $1,347,991 over the last 90 days. 1.50% of the stock is owned by corporate insiders.

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 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.