Trustmark (TRMK) Stock Forecast, Price Target & Predictions
TRMK Stock Forecast
Trustmark stock forecast is as follows: an average price target of $37.50 (represents a 5.01% upside from TRMK’s last price of $35.71) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
TRMK Price Target
The average price target for Trustmark (TRMK) is $37.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $37.00. This represents a potential 5.01% upside from TRMK's last price of $35.71.
TRMK Analyst Ratings
According to 4 Wall Street analysts, Trustmark's rating consensus is 'Hold'. The analyst rating breakdown for TRMK stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 3 'Hold' (75.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).
Trustmark Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 25, 2024 | Gary Tenner | D.A. Davidson | $38.00 | $34.49 | 10.18% | 6.41% |
| Jul 25, 2024 | Brandon King | Truist Financial | $37.00 | $33.60 | 10.12% | 3.61% |
| Apr 25, 2024 | Kevin Fitzsimmons | D.A. Davidson | $34.00 | $29.36 | 15.80% | -4.79% |
| Jan 09, 2023 | D.A. Davidson | $38.00 | $34.97 | 8.66% | 6.41% |
The latest Trustmark stock forecast, released on Jul 25, 2024 by Gary Tenner from D.A. Davidson, set a price target of $38.00, which represents a 10.18% increase from the stock price at the time of the forecast ($34.49), and a 6.41% increase from TRMK last price ($35.71).
Trustmark Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $36.33 |
| Last Closing Price | $35.71 | $35.71 | $35.71 |
| Upside/Downside | -100.00% | -100.00% | 1.74% |
In the current month, the average price target of Trustmark stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Trustmark's last price of $35.71. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 25, 2024 | Piper Sandler | Hold | Hold | Hold |
| Apr 25, 2024 | Keefe, Bruyette & Woods | Underperform | Underperform | Hold |
| Apr 25, 2024 | Keefe, Bruyette & Woods | Outperform | Upgrade | |
| Feb 21, 2023 | HSBC | Hold | Downgrade | |
| Feb 21, 2023 | Piper Sandler | Overweight | Upgrade | |
| Feb 21, 2023 | Raymond James | Market Perform | Downgrade | |
| Feb 21, 2023 | Wells Fargo | Underweight | Downgrade | |
| Feb 21, 2023 | Raymond James | Outperform | Upgrade |
Trustmark's last stock rating was published by Piper Sandler on Apr 25, 2024. The company gave TRMK a "Hold" rating, the same as its previous rate.
Trustmark Financial Forecast
Trustmark Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $236.19M | $165.14M | $167.53M | $166.45M | $166.46M | $163.56M | $141.71M | $3.00M | $125.42M | $128.13M | $152.32M | $138.55M | $153.35M | $156.89M | $152.19M | $147.65M | $132.33M | $137.07M |
| Avg Forecast | $208.30M | $206.50M | $204.45M | $199.95M | $201.28M | $199.12M | $195.60M | $191.88M | $194.94M | $192.77M | $209.05M | $189.23M | $187.63M | $190.65M | $184.96M | $189.76M | $196.31M | $177.60M | $160.52M | $152.16M | $152.94M | $155.20M | $172.10M | $167.40M | $173.80M | $176.28M | $160.38M | $153.50M | $156.63M | $160.29M |
| High Forecast | $209.67M | $207.86M | $205.80M | $201.27M | $202.61M | $200.43M | $196.89M | $192.94M | $195.14M | $192.93M | $210.43M | $189.23M | $190.92M | $194.27M | $186.18M | $191.01M | $197.60M | $177.60M | $160.52M | $152.16M | $152.94M | $155.20M | $172.10M | $167.40M | $173.80M | $176.28M | $160.38M | $153.50M | $156.63M | $160.29M |
| Low Forecast | $206.67M | $204.89M | $202.85M | $198.39M | $199.71M | $197.56M | $194.07M | $190.82M | $194.74M | $192.61M | $207.42M | $189.23M | $184.39M | $184.59M | $183.51M | $188.28M | $194.77M | $177.60M | $160.52M | $152.16M | $152.94M | $155.20M | $172.10M | $167.40M | $173.80M | $176.28M | $160.38M | $153.50M | $156.63M | $160.29M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 0.87% | 0.91% | 0.88% | 0.85% | 0.92% | 0.88% | 0.02% | 0.82% | 0.83% | 0.89% | 0.83% | 0.88% | 0.89% | 0.95% | 0.96% | 0.84% | 0.86% |
Trustmark's average Quarter revenue forecast for Mar 24 based on 1 analysts is $189.23M, with a low forecast of $189.23M, and a high forecast of $189.23M. TRMK's average Quarter revenue forecast represents a -19.88% decrease compared to the company's last Quarter revenue of $236.19M (Dec 23).
Trustmark EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $46.73M | $44.79M | $56.17M | $121.24M | $-9.80M | $68.41M | $55.77M | $48.72M | $47.72M | $43.74M | $74.42M | $79.50M | $81.97M | $82.69M | $57.98M | $50.26M | $68.36M | $79.28M |
| Avg Forecast | $88.74M | $87.98M | $87.10M | $85.19M | $85.75M | $84.83M | $83.33M | $81.75M | $83.05M | $82.13M | $89.06M | $51.17M | $79.94M | $81.22M | $78.80M | $40.45M | $59.99M | $76.27M | $68.93M | $31.97M | $65.68M | $66.65M | $73.91M | $53.86M | $74.64M | $75.70M | $68.87M | $60.54M | $67.26M | $68.83M |
| High Forecast | $89.33M | $88.56M | $87.68M | $85.75M | $86.32M | $85.39M | $83.88M | $82.20M | $83.14M | $82.20M | $89.65M | $61.40M | $81.34M | $82.77M | $79.32M | $48.54M | $71.99M | $76.27M | $68.93M | $38.37M | $65.68M | $66.65M | $73.91M | $64.63M | $74.64M | $75.70M | $68.87M | $72.65M | $67.26M | $68.83M |
| Low Forecast | $88.05M | $87.29M | $86.42M | $84.52M | $85.08M | $84.17M | $82.68M | $81.30M | $82.97M | $82.06M | $88.37M | $40.93M | $78.56M | $78.64M | $78.18M | $32.36M | $48.00M | $76.27M | $68.93M | $25.58M | $65.68M | $66.65M | $73.91M | $43.08M | $74.64M | $75.70M | $68.87M | $48.44M | $67.26M | $68.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.58% | 0.55% | 0.71% | 3.00% | -0.16% | 0.90% | 0.81% | 1.52% | 0.73% | 0.66% | 1.01% | 1.48% | 1.10% | 1.09% | 0.84% | 0.83% | 1.02% | 1.15% |
1 analysts predict TRMK's average Quarter EBITDA for Mar 24 to be $51.17M, with a high of $61.40M and a low of $40.93M. This is 9.50% upper than Trustmark's previous annual EBITDA (Dec 23) of $46.73M.
Trustmark Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $36.12M | $34.03M | $45.04M | $50.30M | $-34.06M | $42.45M | $34.28M | $29.21M | $26.22M | $21.20M | $47.98M | $51.96M | $51.22M | $54.44M | $32.15M | $22.22M | $33.95M | $41.03M |
| Avg Forecast | $51.31M | $52.54M | $51.62M | $51.31M | $50.63M | $49.40M | $49.04M | $46.70M | $50.14M | $50.59M | $38.41M | $38.56M | $35.03M | $41.27M | $36.36M | $30.49M | $32.96M | $38.84M | $28.64M | $24.10M | $29.74M | $29.01M | $40.88M | $35.20M | $40.76M | $31.82M | $15.30M | $26.76M | $34.81M | $37.94M |
| High Forecast | $51.75M | $52.99M | $52.06M | $51.75M | $51.07M | $49.83M | $49.46M | $50.39M | $53.86M | $50.69M | $38.73M | $46.28M | $36.25M | $48.67M | $36.67M | $36.58M | $39.56M | $38.84M | $28.64M | $28.92M | $29.74M | $29.01M | $40.88M | $42.24M | $40.76M | $31.82M | $15.30M | $32.12M | $34.81M | $37.94M |
| Low Forecast | $50.79M | $52.00M | $51.09M | $50.79M | $50.12M | $48.90M | $48.54M | $42.40M | $47.67M | $50.49M | $38.02M | $30.85M | $33.80M | $38.81M | $35.99M | $24.39M | $26.37M | $38.84M | $28.64M | $19.28M | $29.74M | $29.01M | $40.88M | $28.16M | $40.76M | $31.82M | $15.30M | $21.41M | $34.81M | $37.94M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.82% | 1.24% | 1.65% | -1.03% | 1.09% | 1.20% | 1.21% | 0.88% | 0.73% | 1.17% | 1.48% | 1.26% | 1.71% | 2.10% | 0.83% | 0.98% | 1.08% |
Trustmark's average Quarter net income forecast for Mar 24 is $38.56M, with a range of $30.85M to $46.28M. TRMK's average Quarter net income forecast represents a 6.76% increase compared to the company's last Quarter net income of $36.12M (Dec 23).
Trustmark SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $80.43M | $78.49M | $76.43M | $75.60M | $74.65M | $73.49M | $71.08M | $69.73M | $80.90M | $71.34M | $72.70M | $71.16M | $68.75M | $67.70M | $70.74M | $63.77M | $63.90M |
| Avg Forecast | $342.12M | $339.16M | $335.80M | $328.41M | $330.59M | $327.04M | $321.26M | $315.15M | $320.18M | $316.62M | $343.35M | $93.85M | $308.16M | $313.12M | $303.78M | $74.19M | $87.66M | $286.69M | $259.12M | $58.65M | $246.88M | $250.53M | $277.81M | $49.25M | $280.56M | $284.56M | $258.89M | $85.21M | $252.84M | $258.74M |
| High Forecast | $344.38M | $341.40M | $338.01M | $330.57M | $332.77M | $329.20M | $323.38M | $316.89M | $320.51M | $316.88M | $345.62M | $112.61M | $313.58M | $319.07M | $305.78M | $89.02M | $105.20M | $286.69M | $259.12M | $70.37M | $246.88M | $250.53M | $277.81M | $59.10M | $280.56M | $284.56M | $258.89M | $102.25M | $252.84M | $258.74M |
| Low Forecast | $339.45M | $336.51M | $333.17M | $325.84M | $328.01M | $324.49M | $318.75M | $313.41M | $319.85M | $316.35M | $340.67M | $75.08M | $302.85M | $303.17M | $301.40M | $59.35M | $70.13M | $286.69M | $259.12M | $46.92M | $246.88M | $250.53M | $277.81M | $39.40M | $280.56M | $284.56M | $258.89M | $68.17M | $252.84M | $258.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.26% | 0.26% | 1.03% | 0.86% | 0.26% | 0.28% | 1.21% | 0.28% | 0.32% | 0.26% | 1.48% | 0.25% | 0.24% | 0.26% | 0.83% | 0.25% | 0.25% |
Trustmark's average Quarter SG&A projection for Dec 23 is $308.16M, based on 3 Wall Street analysts, with a range of $302.85M to $313.58M. The forecast indicates a 283.14% rise compared to TRMK last annual SG&A of $80.43M (Sep 23).
Trustmark EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.59 | $0.56 | $0.74 | $0.82 | $-0.56 | $0.69 | $0.56 | $0.47 | $0.42 | $0.34 | $0.76 | $0.82 | $0.81 | $0.86 | $0.51 | $0.35 | $0.53 | $0.64 |
| Avg Forecast | $0.83 | $0.85 | $0.84 | $0.83 | $0.82 | $0.80 | $0.80 | $0.76 | $0.82 | $0.82 | $0.63 | $0.61 | $0.57 | $0.67 | $0.59 | $0.67 | $0.80 | $0.63 | $0.47 | $0.40 | $0.49 | $0.47 | $0.67 | $0.62 | $0.67 | $0.52 | $0.25 | $0.44 | $0.57 | $0.62 |
| High Forecast | $0.84 | $0.86 | $0.85 | $0.84 | $0.83 | $0.81 | $0.80 | $0.82 | $0.88 | $0.82 | $0.63 | $0.61 | $0.59 | $0.79 | $0.60 | $0.68 | $0.80 | $0.63 | $0.47 | $0.40 | $0.49 | $0.47 | $0.67 | $0.62 | $0.67 | $0.52 | $0.25 | $0.44 | $0.57 | $0.62 |
| Low Forecast | $0.83 | $0.85 | $0.83 | $0.83 | $0.82 | $0.80 | $0.79 | $0.69 | $0.78 | $0.82 | $0.62 | $0.61 | $0.55 | $0.63 | $0.59 | $0.66 | $0.79 | $0.63 | $0.47 | $0.40 | $0.49 | $0.47 | $0.67 | $0.62 | $0.67 | $0.52 | $0.25 | $0.44 | $0.57 | $0.62 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.83% | 1.25% | 1.22% | -0.70% | 1.09% | 1.20% | 1.18% | 0.86% | 0.72% | 1.14% | 1.33% | 1.22% | 1.65% | 2.04% | 0.79% | 0.93% | 1.03% |
According to 1 Wall Street analysts, Trustmark's projected average Quarter EPS for Mar 24 is $0.61, with a low estimate of $0.61 and a high estimate of $0.61. This represents a 2.62% increase compared to TRMK previous annual EPS of $0.59 (Dec 23).
Trustmark Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| UMBF | UMB Financial | $120.26 | $136.33 | 13.36% | Buy |
| HONE | HarborOne Bancorp | $12.72 | $14.00 | 10.06% | Hold |
| CTBI | Community Trust Ban | $57.57 | $60.00 | 4.22% | Buy |
| WABC | Westamerica Ban | $55.19 | $57.00 | 3.28% | Hold |
| HBCP | Home Bancorp | $48.80 | $50.00 | 2.46% | Buy |
| FBIZ | First Business Financial Services | $48.93 | $50.00 | 2.19% | Buy |
| TRMK | Trustmark | $37.02 | $37.50 | 1.30% | Hold |
| ABCB | Ameris Bancorp | $65.36 | $65.50 | 0.21% | Buy |
| SRCE | 1st Source | $62.39 | $62.00 | -0.63% | Hold |
| GSBC | Great Southern Bancorp | $64.79 | $62.00 | -4.31% | Hold |