Trustmark (TRMK) Stock Forecast, Price Target & Predictions


OverviewRevenueOwnershipFinancialsChartTranscripts

TRMK Stock Forecast


Trustmark stock forecast is as follows: an average price target of $37.50 (represents a 10.39% upside from TRMK’s last price of $33.97) 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 10.39% upside from TRMK's last price of $33.97.

TRMK Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 25, 2024Gary TennerD.A. Davidson$38.00$34.4910.18%11.86%
Jul 25, 2024Brandon KingTruist Financial$37.00$33.6010.12%8.92%
Apr 25, 2024Kevin FitzsimmonsD.A. Davidson$34.00$29.3615.80%0.09%
Jan 09, 2023-D.A. Davidson$38.00$34.978.66%11.86%
Row per page
Go to

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 11.86% increase from TRMK last price ($33.97).

Trustmark Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$36.33
Last Closing Price$33.97$33.97$33.97
Upside/Downside-100.00%-100.00%6.95%

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 $33.97. 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


DateCompanyPrevious RatingNew RatingRating Change
Apr 25, 2024Piper SandlerHoldHoldHold
Apr 25, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Apr 25, 2024Keefe, Bruyette & Woods-OutperformUpgrade
Feb 21, 2023HSBC-HoldDowngrade
Feb 21, 2023Piper Sandler-OverweightUpgrade
Feb 21, 2023Raymond James-Market PerformDowngrade
Feb 21, 2023Wells Fargo-UnderweightDowngrade
Feb 21, 2023Raymond James-OutperformUpgrade
Row per page
Go to

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$200.95M$198.95M$195.37M$191.63M$194.13M$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$210.39M$208.57M$206.50M$201.95M$202.96M$200.94M$197.32M$192.57M$195.57M$192.93M$211.14M$189.23M$190.92M$194.27M$186.81M$191.66M$198.28M$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$205.48M$203.70M$201.68M$197.24M$198.23M$196.26M$192.72M$190.45M$191.64M$192.61M$206.22M$189.23M$184.39M$184.59M$182.45M$187.19M$193.65M$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
# Analysts222211144222364424443333316811711
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 2 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222364424443333316811711
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$89.45M$88.68M$87.80M$85.87M$86.30M$85.44M$83.90M$82.30M$83.37M$82.79M$89.78M$51.17M$80.58M$81.87M$79.43M$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$90.35M$89.57M$88.68M$86.73M$87.16M$86.29M$84.74M$82.70M$83.99M$82.85M$90.67M$61.40M$81.99M$83.43M$80.22M$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$88.24M$87.48M$86.61M$84.70M$85.13M$84.28M$82.76M$81.79M$82.30M$82.72M$88.56M$40.93M$79.18M$79.27M$78.35M$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%

2 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222364424443333316811711
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$50.08M$49.06M$48.44M$46.39M$49.26M$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$51.98M$53.22M$52.29M$51.98M$50.73M$49.70M$49.07M$50.72M$54.25M$50.69M$38.91M$46.28M$36.25M$48.67M$36.83M$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$50.41M$51.61M$50.71M$50.41M$49.20M$48.19M$47.59M$42.68M$45.52M$50.49M$37.73M$30.85M$33.80M$38.81M$35.72M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222364424443333316811711
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$336.25M$333.34M$330.03M$322.77M$324.38M$321.16M$315.37M$309.34M$313.38M$311.18M$337.46M$93.85M$302.88M$307.75M$298.56M$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$339.62M$336.68M$333.34M$326.00M$327.63M$324.37M$318.53M$310.86M$315.71M$311.44M$340.84M$112.61M$308.20M$313.59M$301.56M$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$331.69M$328.83M$325.56M$318.40M$319.99M$316.80M$311.10M$307.44M$309.36M$310.92M$332.89M$75.08M$297.65M$297.97M$294.52M$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 $302.88M, based on 3 Wall Street analysts, with a range of $297.65M to $308.20M. The forecast indicates a 276.57% rise compared to TRMK last annual SG&A of $80.43M (Sep 23).

Trustmark EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144222364424443333316811711
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$0.81$0.80$0.79$0.76$0.80$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$0.85$0.87$0.85$0.85$0.83$0.81$0.80$0.83$0.88$0.82$0.63$0.61$0.59$0.79$0.60$0.68$0.81$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$0.82$0.84$0.83$0.82$0.80$0.78$0.77$0.69$0.74$0.82$0.61$0.61$0.55$0.63$0.58$0.66$0.78$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 2 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HONEHarborOne Bancorp$11.80$14.0018.64%Hold
CTBICommunity Trust Ban$51.70$60.0016.05%Buy
WABCWestamerica Ban$50.61$57.0012.63%Hold
TRMKTrustmark$33.97$37.5010.39%Hold
GSBCGreat Southern Bancorp$56.66$62.009.42%Hold
HBCPHome Bancorp$46.16$50.008.32%Buy
FBIZFirst Business Financial Services$42.87$45.004.97%Buy
UMBFUMB Financial$107.96$113.254.90%Hold
SRCE1st Source$58.92$61.003.53%Hold
ABCBAmeris Bancorp$61.23$60.50-1.19%Buy

TRMK Forecast FAQ


No, according to 4 Wall Street analysts, Trustmark (TRMK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of TRMK's total ratings.

Trustmark (TRMK) average price target is $37.5 with a range of $37 to $38, implying a 10.39% from its last price of $33.97. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for TRMK stock, the company can go up by 10.39% (from the last price of $33.97 to the average price target of $37.5), up by 11.86% based on the highest stock price target, and up by 8.92% based on the lowest stock price target.

TRMK's average twelve months analyst stock price target of $37.5 does not support the claim that Trustmark can reach $50 in the near future.

Trustmark's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $786.9M (high $793.8M, low $777.66M), average EBITDA is $337.93M (high $340.89M, low $333.96M), average net income is $193.97M (high $200.22M, low $187.66M), average SG&A $1.27B (high $1.28B, low $1.26B), and average EPS is $3.16 (high $3.26, low $3.05). TRMK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $819.2M (high $827.41M, low $808.1M), average EBITDA is $351.8M (high $355.33M, low $347.04M), average net income is $206.77M (high $209.47M, low $203.13M), average SG&A $1.32B (high $1.34B, low $1.3B), and average EPS is $3.36 (high $3.41, low $3.31).

Based on Trustmark's last annual report (Dec 2023), the company's revenue was $892.3M, beating the average analysts forecast of $752.99M by 18.50%. Apple's EBITDA was $210.8M, missing the average prediction of $282.32M by -25.33%. The company's net income was $165.49M, beating the average estimation of $143.14M by 15.61%. Apple's SG&A was $0, missing the average forecast of $983.38M by -100.00%. Lastly, the company's EPS was $2.71, beating the average prediction of $2.5 by 8.26%. In terms of the last quarterly report (Dec 2023), Trustmark's revenue was $236.19M, beating the average analysts' forecast of $187.63M by 25.88%. The company's EBITDA was $46.73M, missing the average prediction of $80.58M by -42.01%. Trustmark's net income was $36.12M, beating the average estimation of $35.03M by 3.13%. The company's SG&A was $0, missing the average forecast of $302.88M by -100.00%. Lastly, the company's EPS was $0.59, beating the average prediction of $0.57 by 3.51%