TORM plc (TRMD)

NASDAQ: TRMD · Real-Time Price · USD
31.97
+0.70 (2.24%)
At close: Apr 28, 2026, 4:00 PM EDT
31.97
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:00 PM EDT
2.24%
Market Cap 3.23B
Revenue (ttm) 1.34B
Net Income (ttm) 285.30M
Shares Out 101.33M
EPS (ttm) 2.85
PE Ratio 11.22
Forward PE 4.16
Dividend $2.12 (6.63%)
Ex-Dividend Date Mar 12, 2026
Volume 1,011,769
Open 32.00
Previous Close 31.27
Day's Range 31.51 - 32.38
52-Week Range 15.79 - 32.38
Beta -0.03
Analysts Buy
Price Target 35.00 (+9.48%)
Earnings Date May 13, 2026

About TRMD

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, diesel, naphtha, and gas oil, as well as dirty petroleum products, such as residual fuels and crude 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 605
Stock Exchange NASDAQ
Ticker Symbol TRMD
Full Company Profile

Financial Performance

In 2025, TORM plc's revenue was $1.34 billion, a decrease of -14.09% compared to the previous year's $1.56 billion. Earnings were $285.30 million, a decrease of -53.42%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TRMD stock is "Buy" and the 12-month stock price target is $35.0.

Price Target
$35.0
(9.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Results from TORM plc's Annual General Meeting on 15 April 2026

HELLERUP, Denmark, April 15, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) announces that all the resolutions set out in the notice of the Annual General Meeting dated 05 March 2026 we...

13 days ago - PRNewsWire

TORM plc Transcript: AGM 2026

The AGM highlighted robust financial results for 2025, with strong profits, disciplined cost control, and significant dividends. All resolutions, including share buybacks and director re-elections, were approved. Geopolitical volatility and market shifts were discussed as both challenges and opportunities.

13 days ago - Transcripts

A Look at TORM PLC (TRMD) After 3.5% Gain -- GF Value $18.60 vs Price $30.35

A Look at TORM PLC (TRMD) After 3.5% Gain -- GF Value $18.60 vs Price $30.35

14 days ago - GuruFocus

TORM PLC (TRMD) Stock Price Up 3.23% on Apr 2

TORM PLC (TRMD) Stock Price Up 3.23% on Apr 2

26 days ago - GuruFocus

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

HELLERUP, Denmark, March 31, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 43,697 A-shares (corresponding to a nominal value of USD 436.97) as a resu...

4 weeks ago - PRNewsWire

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

HELLERUP, Denmark, March 24, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD or TRMD A) has increased its share capital by 42,533 A-shares (corresponding to a nominal value of USD 425.33) as a result of t...

5 weeks ago - PRNewsWire

TORM PLC (TRMD) Shares Up 3.68% on Mar 18

TORM PLC (TRMD) Shares Up 3.68% on Mar 18

5 weeks ago - GuruFocus

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

HELLERUP, Denmark, March 17, 2026 /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...

6 weeks ago - PRNewsWire

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

HELLERUP, Denmark, March 16, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 106,468 A-shares (corresponding to a nominal value of USD 1,064.68) as a r...

6 weeks ago - PRNewsWire

TORM plc -Major Shareholder Announcement

HELLERUP, Denmark, March 9, 2026 /PRNewswire/ -- In accordance with section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ:  TRMD)  (NASDAQ:  TRMD  A) hereby announces that: Oaktree Capital Gr...

7 weeks ago - PRNewsWire

TORM plc - Notice of and Complete Proposals for the Annual General Meeting 2026

HELLERUP, Denmark, March 5, 2026 /PRNewswire/ -- Reference is made to TORM plc's (NASDAQ: TRMD) (NASDAQ: TRMD A) company announcement dated 5 March 2026. Please find enclosed formal notice of, and ful...

7 weeks ago - PRNewsWire

TORM PLC (TRMD) Q4 2025 Earnings Call Highlights: Strong Performance and Strategic Fleet Expansion

TORM PLC (TRMD) Q4 2025 Earnings Call Highlights: Strong Performance and Strategic Fleet Expansion

2 months ago - GuruFocus

Q4 2025 Torm PLC Earnings Call Transcript

Q4 2025 Torm PLC Earnings Call Transcript

2 months ago - GuruFocus

TORM plc Long Term Incentive Program

HELLERUP, Denmark, Feb. 26, 2026 /PRNewswire/ -- In accordance with TORM plc's (Nasdaq: TRMD) (Nasdaq: TRMD A) Remuneration Policy adopted by the Annual General Meeting of TORM plc on 14 April 2021, t...

2 months ago - PRNewsWire

TORM plc Earnings Call Transcript: Q4 2025

Strong 2025 results with $286M net profit and $910M TCE, driven by robust market conditions and strategic fleet management. Entering 2026 with 70% Q1 days secured at $34,926/day and TCE guidance of $850M-$1.25B, supported by disciplined capital allocation and favorable industry trends.

2 months ago - Transcripts

TORM Q4 Earnings Summary & Key Takeaways

The Q4 earnings report for TORM (NASDAQ: TRMD) was released on Thursday, February 26, 2026 at 08:00 AM. Here's what investors need to know about the latest announcement. Earnings TORM missed estimate...

2 months ago - Benzinga

TORM plc Annual Report 2025, Dividend Distribution, and Financial Outlook 2026

HELLERUP, Denmark, Feb. 26, 2026 /PRNewswire/ -- INSIDE INFORMATION "We ended 2025 on a very strong note, reaffirming the resilience of our business model and our ability to consistently execute," say...

2 months ago - PRNewsWire

Howard Marks Reduces Stake in TORM PLC by 34.88%, Impacting Portfolio by -5.56%

Howard Marks Reduces Stake in TORM PLC by 34.88%, Impacting Portfolio by -5.56%

2 months ago - GuruFocus

TORM PLC (TRMD) Shares Up 3.79% on Jan 13

TORM PLC (TRMD) Shares Up 3.79% on Jan 13

3 months ago - GuruFocus

TORM plc Occurrence of Threshold Date and Change to the Board

HELLERUP, Denmark, Jan. 6, 2026 /PRNewswire/ -- Reference is made to TORM plc's (NASDAQ: TRMD) (NASDAQ: TRMD A) company announcement dated 23 December 2025 regarding completion of Hafnia Limited's ("H...

4 months ago - PRNewsWire

Crude Production And Seasonal Tailwinds To Drive Product Tanker Strength

In this episode of Capital Link's Shipping Sector Webinar Series, we welcomed Mr. Carlos Balestra di Mottola, CEO of d’Amico International Shipping S.A. (DIS.MI) (OTCQX: DMCOF), Mr. Soren Steenberg J...

4 months ago - Benzinga

TORM plc: Major Shareholder Announcement

HELLERUP, Denmark , Dec. 23, 2025 /PRNewswire/ -- With reference to TORM plc's (NASDAQ: TRMD) (NASDAQ: TRMD A) company announcements dated 03 and 09 September 2025 regarding Hafnia Limited's ("Hafnia"...

4 months ago - PRNewsWire

TORM plc appoints Simon Mackenzie Smith as Chair of the Board

INSIDE INFORMATION HELLERUP, Denmark , Dec. 16, 2025 /PRNewswire/ -- TORM plc (Nasdaq: TRMD or TRMD A) is pleased to announce that the Board of Directors has appointed Simon Mackenzie Smith as the new...

4 months ago - PRNewsWire

Stop Waiting for “Rate Cuts.” Here’s How to Build an 8% Yield Portfolio Even if the Fed Holds Rates in December

Many investors believe further interest rate cuts in December are guaranteed. Dividend stocks like Plains All American Pipeline LP (NASDAQ:PAA), Hercules Capital (NYSE:HTGC), and TORM plc (NASDAQ:TRMD...

5 months ago - 24/7 Wall street

TRMD Ex-Dividend Reminder - 11/20/25

Looking at the universe of stocks we cover at Dividend Channel, on 11/20/25, TORM plc (Symbol: TRMD) will trade ex-dividend, for its quarterly dividend of $0.62, payable on 12/3/25. As a percentage of...

5 months ago - Nasdaq