Trustmark: What is DA Davidson's Estimate for Trustmark Q1 Earnings?

Trustmark Co. ( NASDAQ:TRMK - Free Report ) - Research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Trustmark in a research note issued to investors on Thursday, January 30th. DA Davidson analyst G. Tenner expects that the financial services provider will post earnings of $0.80 per share for the quarter. DA Davidson has a "Neutral" rating and a $41.00 price target on the stock. The consensus estimate for Trustmark's current full-year earnings is $3.20 per share. Trustmark ( NASDAQ:TRMK - Get Free Report ) last released its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $0.92 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.09. Trustmark had a net margin of 19.42% and a return on equity of 10.27%. Read Our Latest Stock Analysis on TRMK Trustmark Price Performance Shares of NASDAQ TRMK opened at $37.50 on Friday. Trustmark has a 1-year low of $25.24 and a 1-year high of $40.73. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.09. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 10.30 and a beta of 0.76. The stock has a fifty day simple moving average of $36.47 and a two-hundred day simple moving average of $34.65. Trustmark Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Saturday, March 1st will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Trustmark's previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.56%. Trustmark's payout ratio is presently 25.27%. Insider Buying and Selling In related news, Director Gerard R. Host sold 26,416 shares of the company's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $39.73, for a total value of $1,049,507.68. Following the completion of the sale, the director now owns 26,792 shares in the company, valued at $1,064,446.16. This represents a 49.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . 1.50% of the stock is owned by corporate insiders. Institutional Trading of Trustmark A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TRMK. State Street Corp lifted its position in Trustmark by 0.8% during the third quarter. State Street Corp now owns 3,090,988 shares of the financial services provider's stock valued at $98,355,000 after buying an additional 24,450 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Trustmark by 1.1% during the third quarter. Geode Capital Management LLC now owns 1,461,545 shares of the financial services provider's stock valued at $46,515,000 after acquiring an additional 15,627 shares in the last quarter. Wellington Management Group LLP grew its stake in Trustmark by 32.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,356,853 shares of the financial services provider's stock valued at $43,175,000 after purchasing an additional 333,390 shares in the last quarter. Verition Fund Management LLC boosted its stake in shares of Trustmark by 19.8% during the 3rd quarter. Verition Fund Management LLC now owns 778,312 shares of the financial services provider's stock valued at $24,766,000 after buying an additional 128,834 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of Trustmark by 6.8% in the third quarter. Principal Financial Group Inc. now owns 598,969 shares of the financial services provider's stock worth $19,059,000 after buying an additional 37,989 shares during the last quarter. Hedge funds and other institutional investors own 67.64% of the company's stock. About Trustmark ( Get Free Report ) 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 operates through three segments: General Banking, Wealth Management, and Insurance. It offers checking, savings, and money market accounts; certificates of deposits and individual retirement accounts; 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, as well as treasury management services. 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