Trustmark Corp. (NASDAQ: TRMK) is 19.48% higher on its value in year-to-date trading and has touched a low of $18.96 and a high of $35.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TRMK stock was last observed hovering at around $33.31 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $33.31, the stock is 4.83% and 5.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing 0.00% at the moment leaves the stock 17.59% off its SMA200. TRMK registered 42.66% gain for a year compared to 6-month gain of 25.51%.
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The stock witnessed a 0.54% loss in the last 1 month and extending the period to 3 months gives it a 14.27%, and is 0.39% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.98% over the week and 2.56% over the month.
Trustmark Corp. (TRMK) has around 2757 employees, a market worth around $2.04B and $950.68M in sales. Fwd P/E is 10.79. Profit margin for the company is 19.51%. Distance from 52-week low is 75.69% and -6.75% from its 52-week high. The company has generated returns on investments over the last 12 months (7.61%).
The EPS is expected to grow by 3.57% this year.
Trustmark Corp. (TRMK) Top Institutional Holders
297.0 institutions hold shares in Trustmark Corp. (TRMK), with institutional investors hold 78.25% of the company’s shares. The shares outstanding are 61.07M, and float is at 56.40M with Short Float at 3.47%. Institutions hold 71.41% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.82 million shares valued at $264.87 million. The investor’s holdings represent 14.4239% of the TRMK Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.66 million shares valued at $$200.09 million to account for 10.8962 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.05 million shares representing 6.6267% and valued at over $121.68 million, while EARNEST PARTNERS LLC holds 5.6308 of the shares totaling 3.44 million with a market value of $103.4 million.
Trustmark Corp. (TRMK) Insider Activity
The most recent transaction is an insider sale by PUCKETT RICHARD H,the company’sDirector. SEC filings show that PUCKETT RICHARD H sold 3,033 shares of the company’s common stock on Dec 19 ’23 at a price of $27.69 per share for a total of $83983.0. Following the sale, the insider now owns 0.0 shares.
Trustmark Corp. disclosed in a document filed with the SEC on Nov 08 ’23 that Eduardo Marcelo L (Director) sold a total of 1,060 shares of the company’s common stock. The trade occurred on Nov 08 ’23 and was made at $21.20 per share for $22470.0. Following the transaction, the insider now directly holds 6032.0 shares of the TRMK stock.
