Trustmark (TRMK) Earning Somewhat Favorable Media Coverage, Accern Reports

News coverage about Trustmark (NASDAQ:TRMK) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Trustmark earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.9691538426912 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

A number of analysts recently commented on TRMK shares. BidaskClub raised Trustmark from a “sell” rating to a “hold” rating in a research report on Friday, December 22nd. Zacks Investment Research downgraded Trustmark from a “hold” rating to a “sell” rating in a research report on Tuesday, March 13th. SunTrust Banks reaffirmed a “hold” rating and set a $38.00 price target on shares of Trustmark in a research report on Tuesday, January 9th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $33.00 price target on shares of Trustmark in a research report on Thursday, January 25th. Eight equities research analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and a consensus target price of $34.00.

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NASDAQ:TRMK opened at $31.04 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.77 and a quick ratio of 0.76. Trustmark has a 1 year low of $28.16 and a 1 year high of $35.09. The firm has a market capitalization of $2,115.66, a price-to-earnings ratio of 16.17 and a beta of 1.03.

Trustmark (NASDAQ:TRMK) last released its earnings results 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. Trustmark had a return on equity of 8.35% and a net margin of 16.15%. The business had revenue of $153.06 million during the quarter, compared to the consensus estimate of $152.80 million. During the same period last year, the business posted $0.43 earnings per share. equities research analysts predict that Trustmark will post 2.16 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date of this dividend was Wednesday, February 28th. Trustmark’s dividend payout ratio is currently 47.92%.

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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.

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