Trustco Bank Corp (TRST) expanding its growth trajectory ahead

With 0.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 93260.0 shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $31.98 whereas the lowest price it dropped to was $31.35. The 52-week range on TRST shows that it touched its highest point at $38.89 and its lowest point at $25.83 during that stretch. It currently has a 1-year price target of $26.00. With its current market cap of 601.49 million, TRST has annualized dividend of $1.44 while the current yield stands at 4.55%. Beta for the stock currently stands at 0.86.

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 TRST was down-trending over the past week, with a drop of -5.01%, but this was down by -12.69% over a month. Three-month performance dropped to -0.60% while six-month performance rose 9.10%. The stock gained 4.84% in the past year, while it has lost -5.01% so far this year.

Float and Shares Shorts:

At present, 19.01 million TRST shares are outstanding with a float of 18.35 million shares on hand for trading. On 2024-12-13, short shares totaled 0.12 million, which was 64.999997 higher than short shares on 1731628800. In addition to Mr. Robert Joseph McCormick as the firm’s President, CEO & Chairman of the Board, Mr. Michael M. Ozimek serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.7457 of TRST’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

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 $2.38 being high and $2.38 being low. For TRST, this leads to a yearly average estimate of $2.38.