$0.44 EPS Expected for Trustmark Corp (TRMK)

July 17, 2017 - By Michael Collier

 $0.44 EPS Expected for Trustmark Corp (TRMK)
Investors sentiment decreased to 1.01 in 2016 Q4. Its down 0.24, from 1.25 in 2016Q3. It is negative, as 18 investors sold Trustmark Corp shares while 56 reduced holdings. 25 funds opened positions while 50 raised stakes. 42.70 million shares or 1.22% less from 43.23 million shares in 2016Q3 were reported.
Tudor Et Al has 0.01% invested in Trustmark Corp (NASDAQ:TRMK). Grantham Mayo Van Otterloo & Limited Liability Company reported 7,433 shares stake. Deutsche Retail Bank Ag reported 113,867 shares stake. Bessemer Grp stated it has 600 shares or 0% of all its holdings. Bankshares Of New York Mellon Corporation invested 0.01% in Trustmark Corp (NASDAQ:TRMK). 8,743 are owned by Synovus Fincl Corporation. Federated Pa holds 0% in Trustmark Corp (NASDAQ:TRMK) or 39,246 shares. Nuveen Asset Mgmt Limited Liability Corporation has invested 0.01% in Trustmark Corp (NASDAQ:TRMK). Trustmark Fincl Bank Trust Department accumulated 1.62% or 343,395 shares. Hsbc Holdg Public Ltd Company accumulated 14,410 shares or 0% of the stock. Parasol Inv Limited Liability reported 220 shares. Pnc Financial Serv Grp accumulated 25,408 shares. Swiss State Bank reported 0.01% stake. Tower Research Ltd (Trc) owns 0.02% invested in Trustmark Corp (NASDAQ:TRMK) for 5,281 shares. Loomis Sayles And Limited Partnership has 0% invested in Trustmark Corp (NASDAQ:TRMK) for 153 shares.

Since April 28, 2017, it had 0 insider purchases, and 2 sales for $477,119 activity. Ingram Donald Glynn also sold $299,790 worth of Trustmark Corp (NASDAQ:TRMK) shares.

Analysts await Trustmark Corp (NASDAQ:TRMK) to report earnings on July, 25. They expect $0.44 earnings per share, up 10.00 % or $0.04 from last year’s $0.4 per share. TRMK’s profit will be $29.63M for 18.23 P/E if the $0.44 EPS becomes a reality. After $0.46 actual earnings per share reported by Trustmark Corp for the previous quarter, Wall Street now forecasts -4.35 % negative EPS growth. About 179,985 shares traded. Trustmark Corp (NASDAQ:TRMK) has risen 28.73% since July 17, 2016 and is uptrending. It has outperformed by 12.03% the S&P500.

Trustmark Corp (NASDAQ:TRMK) Ratings Coverage

Among 5 analysts covering Trustmark Corp (NASDAQ:TRMK), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Trustmark Corp had 10 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Neutral” rating by SunTrust given on Thursday, June 9. As per Wednesday, October 7, the company rating was upgraded by Hovde Group. The stock has “Hold” rating by Jefferies on Friday, June 9. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, June 30 report. The rating was maintained by Keefe Bruyette & Woods on Monday, May 29 with “Hold”.

Trustmark Corporation is a bank holding company. The company has market cap of $2.16 billion. The Company’s principal subsidiary is Trustmark National Bank . It has a 19.31 P/E ratio. Through TNB and its subsidiaries, the Company operates as a financial services firm providing banking and other financial solutions.

Another recent and important Trustmark Corp (NASDAQ:TRMK) news was published by Al.com which published an article titled: “Trustmark Corp. purchasing Reliance Bank for $23.7 million” on April 10, 2017.

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