With 0.26 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.3 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $34.72 whereas the lowest price it dropped to was $34.1. The 52-week range on TRMK shows that it touched its highest point at $40.73 and its lowest point at $25.24 during that stretch. It currently has a 1-year price target of $41.25. With its current market cap of 2.10 billion, TRMK has annualized dividend of $0.92 while the current yield stands at 2.68%. Beta for the stock currently stands at 0.75.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TRMK was down-trending over the past week, with a drop of -2.80%, but this was down by -10.21% over a month. Three-month performance surged to 8.15% while six-month performance rose 13.69%. The stock gained 25.57% in the past year, while it has lost -2.80% so far this year. A look at the trailing 12-month EPS for TRMK yields -0.42 with Next year EPS estimates of 3.20. For the next quarter, that number is 0.83. This implies an EPS growth rate of 4.46% for this year and 9.54% for next year. EPS is expected to grow by 7.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.10%.
Float and Shares Shorts:
At present, 61.21 million TRMK shares are outstanding with a float of 56.39 million shares on hand for trading. On 2024-12-13, short shares totaled 1.31 million, which was 215.0 higher than short shares on 1731628800. In addition to Mr. Duane Arthur Dewey CFP, M.A. as the firm’s President, CEO & Director, Mr. Thomas C. Owens serves as its Principal Financial Officer & Treasurer.
Institutional Ownership:
Through their ownership of 0.72349 of TRMK’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TRMK since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TRMK analysts setting a high price target of 45.0 and a low target of 35.0, the average target price over the next 12 months is 39.75. Based on these targets, TRMK could surge 30.89% to reach the target high and rise by 1.8% to reach the target low. Reaching the average price target will result in a growth of 15.62% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.96453 being high and $2.88547 being low. For TRMK, this leads to a yearly average estimate of $2.925.