TORM plc (TRMD)

NASDAQ: TRMD · Real-Time Price · USD
21.24
-0.03 (-0.14%)
At close: Dec 5, 2025, 4:00 PM EST
21.49
+0.25 (1.18%)
After-hours: Dec 5, 2025, 6:35 PM EST
-0.14%
Market Cap 2.17B
Revenue (ttm) 1.29B
Net Income (ttm) 276.20M
Shares Out 101.33M
EPS (ttm) 2.76
PE Ratio 7.84
Forward PE 11.03
Dividend $2.02 (9.51%)
Ex-Dividend Date Nov 20, 2025
Volume 290,208
Open 21.26
Previous Close 21.27
Day's Range 21.23 - 21.51
52-Week Range 13.60 - 23.67
Beta -0.16
Analysts Buy
Price Target 23.00 (+8.29%)
Earnings Date Nov 6, 2025

About TRMD

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil. The Marine Engineering segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom. [Read more]

Sector Energy
Founded 1889
Employees 479
Stock Exchange NASDAQ
Ticker Symbol TRMD
Full Company Profile

Financial Performance

In 2024, TORM plc's revenue was $1.56 billion, an increase of 2.55% compared to the previous year's $1.52 billion. Earnings were $612.50 million, a decrease of -5.52%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TRMD stock is "Buy" and the 12-month stock price target is $23.0.

Price Target
$23.0
(8.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TORM: The Bottom Of The Cycle Isn't In Yet

TORM is operating in a mid-cycle rate environment, and the risk/reward skews unfavorably as future earnings face more downward pressure from incoming fleet supply than upward pressure from demand. Red...

2 days ago - Seeking Alpha

68 Graham Value All-Star (GVAS) November Dividend Dogs Show 27 'Safer' And 17 Ideal Buys

Top ten large-cap value 'GASV dogs' offer projected average net gains of 46.31% by November 2026, with yields from 8.09% to 11.74%. Seventeen of twenty-seven 'safer' lowest-priced GASV stocks are curr...

3 days ago - Seeking Alpha

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program

HELLERUP, Denmark , Nov. 14, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 970,646 A-shares (corresponding to a nominal value of USD 9,706.46) as a r...

21 days ago - PRNewsWire

Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons

HELLERUP, Denmark , Nov. 14, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / clos...

21 days ago - PRNewsWire

TORM plc capital increase in connection with delivery of one LR2 vessel and exercise of Restricted Share Units as part of TORM's incentive program

HELLERUP, Denmark , Nov. 12, 2025 /PRNewswire/ -- TORM plc's TORM plc ("TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by a total of 2,395,426 shares (corresponding to USD 23,9...

23 days ago - PRNewsWire

TORM plc (TRMD) Q3 2025 Earnings Call Transcript

TORM plc ( TRMD) Q3 2025 Earnings Call November 6, 2025 10:00 AM EST Company Participants Jacob Meldgaard - CEO & Executive Director Kim Balle - Chief Financial Officer Conference Call Participants F...

4 weeks ago - Seeking Alpha

TORM plc Q3 2025 Results, Dividend Distribution, and Financial Outlook 2025

HELLERUP, Denmark , Nov. 6, 2025 /PRNewswire/ --  INSIDE INFORMATION "TORM delivered its strongest quarterly result so far in 2025, demonstrating the strength of our integrated operating model and the...

4 weeks ago - PRNewsWire

TORM: A High-Yield Tanker Play Even In A Cool Rate Environment

TORM is a well-managed pure product-tanker operator, now trading at a 12% discount to NAV and potentially offering an attractive entry point. Q2 results were weak due to a weak supply/demand setup, wi...

6 weeks ago - Seeking Alpha

TORM plc Long Term Incentive Program

HELLERUP, Denmark , Sept. 23, 2025 /PRNewswire/ -- In accordance with TORM plc's ("TORM", Nasdaq ticker TRMD or TRMD A) Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 20...

2 months ago - PRNewsWire

Announcement from TORM

HELLERUP, Denmark , Sept. 3, 2025 /PRNewswire/ -- TORM plc ("TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) has today been informed of the announcement (the Announcement) by Hafnia Limited ("Hafnia"), confirm...

3 months ago - PRNewsWire

TORM plc (TRMD) Q2 2025 Earnings Call Transcript

TORM plc (NASDAQ:TRMD) Q2 2025 Earnings Conference Call August 14, 2025 9:00 AM ET Company Participants Jacob Balslev Meldgaard - CEO & Executive Director Kim Balle - Chief Financial Officer Conferen...

3 months ago - Seeking Alpha

Why Torm Stock Popped Today

Sailing higher throughout the week, shares of tanker stock Torm (TRMD 7.92%) are extending their upward trend today. The company reported second-quarter 2025 financial results today as well as updated...

4 months ago - The Motley Fool

TORM plc Q2 2025 Results, Dividend Distribution, and Financial Outlook 2025

HELLERUP, Denmark, Aug. 14, 2025 /PRNewswire/ -- INSIDE INFORMATION "TORM delivered a strong second-quarter result with continued market-leading performance, against a backdrop of global uncertainty,"...

4 months ago - PRNewsWire

July Readers Tagged 9 Ideal Dividend Dogs From 17 "Safer" Of 40 ReFa/Ro Mentions

Prior to July 31, 2025, my REaders mentioned 40 equities in their comments about my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers spoke-up about their ReFa/...

4 months ago - Seeking Alpha

16 Ideal 'Safer' Dividend Dogs To Buy From 70 July Graham Value All-Stars (GVAS)

Graham All Star Value (GASV) strategy identifies top dividend 'dogs' offering high yield and fair pricing, using YCharts' large cap value and Ben Graham screens. Analyst projections suggest the top te...

4 months ago - Seeking Alpha

Buy 5 Ideal Safer Dividend Power Dogs In July

I spotlight the top five Dividend Power stocks with 'safer' dividends and attractive valuations, ideal for income-focused investors in July. My strategy prioritizes high earnings yield and dividend yi...

5 months ago - Seeking Alpha

TORM plc: A Sunny Horizon Despite The Waves

The company has a fleet of 93 vessels divided into three segments. The fleet is comprised of 20 LR2 vessels, 12 LR1 vessels, and 61 MR vessels. In the short term, tariffs fell as a result of the Red S...

5 months ago - Seeking Alpha

TORM plc: Iran Tensions Picked Up Interest, Now Rates Should Follow

Downgrade TORM to 'Buy' from 'Strong Buy' due to softer-than-expected tanker rates. TORM remains financially strong, with a robust dividend policy and premium valuation justified by superior performan...

6 months ago - Seeking Alpha

TORM Acquires Full Ownership of ME Production to Accelerate Green Maritime Innovation

HELLERUP, Denmark , June 3, 2025 /PRNewswire/ -- TORM (Nasdaq: TRMD or TRMD A) expands its environmental and technical capabilities by acquiring full ownership of ME Production, a Danish specialist in...

6 months ago - PRNewsWire

Why Oil and Gas Stocks Rallied Today

Shares of major international oil and oil-related stocks such as TotalEnergies (TTE 2.68%), APA (APA 1.82%), and oil tanker company Torm plc (TRMD 4.00%) rallied on Monday, with the stocks up 2.6%, 4....

Other symbols: APATTE
6 months ago - The Motley Fool

TORM plc announces Capital Reduction and Cancellation of Treasury Shares

HELLERUP, Denmark , May 22, 2025 /PRNewswire/ -- TORM plc (Nasdaq: TRMD) (Nasdaq: TRMD A) (the Company) is pleased to announce that pursuant to an order issued by the High Court of Justice in England ...

7 months ago - PRNewsWire

TORM plc: Navigating Macro Challenges, Solid Profits, Technical Optimism

I reiterate my buy rating on TORM, as shares remain materially undervalued despite ongoing macroeconomic and geopolitical uncertainty. TORM delivered solid Q1 results with stabilized freight rates, st...

7 months ago - Seeking Alpha

TORM: Some Positive Developments And Cheap Valuation

TORM plc's stock is upgraded to "buy" due to stabilizing TCE rates, cooling trade tensions, and an aging fleet poised for retirement. The TCE rates, which were earlier declining continuously in 2024, ...

7 months ago - Seeking Alpha

TORM plc (TRMD) Q1 2025 Earnings Call Transcript

TORM plc (NASDAQ:TRMD) Q1 2025 Earnings Conference Call May 8, 2025 9:00 AM ET Company Participants Jacob Meldgaard - Chief Executive Officer Kim Balle - Chief Financial Officer Conference Call Parti...

7 months ago - Seeking Alpha

TORM plc Q1 2025 Results, Dividend Distribution, and Financial Outlook 2025

HELLERUP, Denmark , May 8, 2025 /PRNewswire/ -- "TORM delivered a solid first-quarter result in line with our expectations despite continued geopolitical uncertainty," says Jacob Meldgaard. Financial ...

7 months ago - PRNewsWire