Trustmark Corp. PT Raised to $27.00 (TRMK)
Research analysts at Keefe, Bruyette & Woods raised their price objective on shares of Trustmark Corp. (NASDAQ:TRMK) from $26.00 to $27.00 in a report released on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target would indicate a potential downside of 2.14% from the stock’s previous close.
Trustmark Corp. (NASDAQ:TRMK) traded up 0.73% on Thursday, hitting $27.59. 264,301 shares of the company’s stock traded hands. Trustmark Corp. has a 52 week low of $20.76 and a 52 week high of $27.98. The stock’s 50-day moving average is $26.09 and its 200-day moving average is $25.1. The company has a market cap of $1.854 billion and a P/E ratio of 15.84.
Trustmark Corp. (NASDAQ:TRMK) last announced its earnings results on Tuesday, October 22nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $145.60 million for the quarter, compared to the consensus estimate of $146.90 million. During the same quarter last year, the company posted $0.46 earnings per share. Trustmark Corp.’s revenue was up NaN% compared to the same quarter last year.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, December 15th. Investors of record on Sunday, December 1st will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Tuesday, November 26th.
Trustmark Corporation (NASDAQ:TRMK) is a bank holding company.
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