Trustmark (NASDAQ:TRMK) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 24th. Analysts expect Trustmark to post earnings of $0.49 per share for the quarter.
Trustmark (NASDAQ:TRMK) last released its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.48. The business had revenue of $153.06 million during the quarter, compared to analysts’ expectations of $152.80 million. Trustmark had a net margin of 16.15% and a return on equity of 8.35%. During the same period in the prior year, the company earned $0.43 EPS. On average, analysts expect Trustmark to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
TRMK stock opened at $31.39 on Tuesday. The company has a market cap of $2,122.50, a P/E ratio of 16.17 and a beta of 1.03. Trustmark has a 1 year low of $28.16 and a 1 year high of $35.09. The company has a quick ratio of 0.76, a current ratio of 0.77 and a debt-to-equity ratio of 0.04.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Trustmark from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Saturday, January 13th. BidaskClub upgraded shares of Trustmark from a “sell” rating to a “hold” rating in a research report on Friday, December 22nd. Stephens reiterated a “hold” rating and set a $34.00 price objective on shares of Trustmark in a research report on Thursday, January 25th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $33.00 price objective on shares of Trustmark in a research report on Thursday, January 25th. Finally, SunTrust Banks reiterated a “hold” rating and set a $38.00 price objective on shares of Trustmark in a research report on Tuesday, January 9th. Eight research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus target price of $34.00.
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.
Receive News & Ratings for Trustmark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trustmark and related companies with MarketBeat.com's FREE daily email newsletter.