Trustmark (NASDAQ:TRMK) Share Price Crosses Below 200 Day Moving Average – What’s Next?

08 Nov 2026, 01:21 by Mitch Edgeman · The Markets Daily

Shares of Trustmark Corporation (NASDAQ:TRMK – Get Free Report) passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $44.82 and traded as low as $44.47. Trustmark shares last traded at $44.73, with a volume of 400,741 shares trading hands.

Analyst Ratings Changes

TRMK has been the topic of several analyst reports. DA Davidson boosted their price target on shares of Trustmark from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Keefe, Bruyette & Woods increased their price objective on shares of Trustmark from $48.00 to $50.00 and gave the stock a “market perform” rating in a research note on Wednesday, September 16th. Wall Street Zen upgraded Trustmark from a “sell” rating to a “hold” rating in a report on Sunday, August 9th. Weiss Ratings raised Trustmark from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, August 14th. Finally, Piper Sandler lifted their target price on Trustmark from $45.50 to $47.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Trustmark has a consensus rating of “Moderate Buy” and a consensus target price of $47.38.

View Our Latest Analysis on TRMK

Trustmark Trading Down 0.2%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.88 and a current ratio of 0.89. The firm has a fifty day moving average price of $45.60 and a 200 day moving average price of $44.84. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 11.16 and a beta of 0.69.

Trustmark (NASDAQ:TRMK – Get Free Report) last issued its earnings results on Tuesday, October 27th. The financial services provider reported $1.00 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.00. Trustmark had a net margin of 20.90% and a return on equity of 10.78%. The business had revenue of $212.26 million for the quarter, compared to the consensus estimate of $215.04 million. During the same period in the previous year, the company earned $0.94 earnings per share. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. As a group, equities analysts predict that Trustmark Corporation will post 3.68 EPS for the current fiscal year.

Trustmark Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Trustmark’s dividend payout ratio (DPR) is 25.00%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TRMK. BlackRock Inc. acquired a new stake in Trustmark in the 2nd quarter valued at about $395,920,000. North Reef Capital Management LP acquired a new position in Trustmark during the first quarter worth approximately $82,296,000. Bank of New York Mellon Corp acquired a new position in Trustmark during the second quarter worth approximately $22,676,000. Empowered Funds LLC bought a new stake in Trustmark in the second quarter valued at approximately $12,209,000. Finally, Bank of America Corp DE bought a new stake in Trustmark in the second quarter valued at approximately $9,323,000. 67.64% of the stock is currently owned by institutional investors and hedge funds.

Trustmark Company Profile

(Get Free Report)

Trustmark Corporation (NASDAQ: TRMK) is a financial services company headquartered in Jackson, Mississippi. Through its principal subsidiary, Trustmark National Bank, the company provides banking, wealth management and insurance services to individuals, businesses and institutional clients.

Trustmark’s banking activities include deposit accounts, consumer and commercial lending, mortgages, treasury management and other financial services. Its wealth management business offers trust, investment management, financial planning and related services, while its insurance operations provide personal and commercial insurance products.