In Friday’s Wall Street session, Trustmark Corp (NASDAQ:TRMK) shares traded at $34.61, down -0.29% from the previous session.
TRMK stock price is now 1.75% away from the 50-day moving average and -0.50% away from the 200-day moving average. The market capitalization of the company currently stands at $2.09B.
With the price target enhanced from $36 to $37, Hovde Group maintained Market Perform rating for Trustmark Corp (NASDAQ: TRMK). On January 24, 2025, Janney recently initiated its ‘Buy’ rating on the stock quoting a target price of $42, while ‘Hovde Group’ rates the stock as ‘Market Perform’
In other news, HOST GERARD R, Director sold 33,000 shares of the company’s stock on Nov 15 ’24. The stock was sold for $1,259,940 at an average price of $38.18. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 14 ’24, Director HOST GERARD R sold 7,000 shares of the business’s stock. A total of $270,130 was realized by selling the stock at an average price of $38.59. This leaves the insider owning 16,500 shares of the company worth $0.57 million. A total of 7.88% of the company’s stock is owned by insiders.
During the past 12 months, Trustmark Corp has had a low of $27.42 and a high of $40.73. The fifty day moving average price for TRMK is $34.0138 and a two-hundred day moving average price translates $34.7827 for the stock.
The latest earnings results from Trustmark Corp (NASDAQ: TRMK) was released for 2025-03-31. The net profit margin was 25.20% and return on equity was 3.28% for TRMK. The company reported revenue of $229.15 million for the quarter, compared to $229.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.3 percent. For the current quarter, analysts expect TRMK to generate $199.25M in revenue.
