Trustmark Corporation (NASDAQ:TRMK) posted its quarterly earnings data on Tuesday. The financial services provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03, Briefing.com reports. Trustmark Corporation had a net margin of 18.35% and a return on equity of 8.04%. During the same quarter last year, the firm earned $0.47 earnings per share.

Shares of Trustmark Corporation (NASDAQ:TRMK) traded up 0.84% during trading on Tuesday, reaching $33.58. 191,897 shares of the company traded hands. The stock has a market cap of $2.27 billion, a P/E ratio of 19.78 and a beta of 1.17. The stock’s 50 day moving average price is $31.94 and its 200-day moving average price is $31.80. Trustmark Corporation has a 12 month low of $26.81 and a 12 month high of $36.79.

COPYRIGHT VIOLATION WARNING: This article was posted by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/10/24/trustmark-corporation-trmk-announces-earnings-results.html.

In other Trustmark Corporation news, insider Charles Scott Woods sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, July 28th. The stock was sold at an average price of $32.00, for a total value of $32,000.00. Following the sale, the insider now owns 13,344 shares in the company, valued at approximately $427,008. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.37% of the company’s stock.

A number of analysts have recently issued reports on the stock. Jefferies Group LLC reissued a “hold” rating and issued a $36.00 price target on shares of Trustmark Corporation in a research report on Thursday, October 12th. Zacks Investment Research lowered shares of Trustmark Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. ValuEngine raised shares of Trustmark Corporation from a “hold” rating to a “buy” rating in a research report on Saturday, September 30th. Stephens set a $35.00 price target on shares of Trustmark Corporation and gave the stock a “hold” rating in a research report on Wednesday, July 26th. Finally, BidaskClub raised shares of Trustmark Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 30th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $33.80.

Trustmark Corporation Company Profile

Trustmark Corporation is a bank holding company. The Company’s principal subsidiary is Trustmark National Bank (TNB). Through TNB and its subsidiaries, the Company operates as a financial services company providing banking and other financial solutions. It operates through three segments: General Banking, Wealth Management and Insurance.

Earnings History for Trustmark Corporation (NASDAQ:TRMK)

Receive News & Ratings for Trustmark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trustmark Corporation and related companies with MarketBeat.com's FREE daily email newsletter.