TORM plc (TRMD)
| Market Cap | 1.78B |
| Revenue (ttm) | 1.64B |
| Net Income (ttm) | 719.37M |
| Shares Out | 97.31M |
| EPS (ttm) | 7.70 |
| PE Ratio | 2.47 |
| Forward PE | 4.97 |
| Dividend | $4.80 (26.55%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 1,082,518 |
| Open | 17.92 |
| Previous Close | 17.97 |
| Day's Range | 17.78 - 18.30 |
| 52-Week Range | 17.78 - 40.47 |
| Beta | -0.06 |
| Analysts | Buy |
| Price Target | 48.00 (+165.49%) |
| Earnings Date | Nov 7, 2024 |
About TRMD
TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. 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 Exhaust 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]
Financial Performance
In 2023, TORM plc's revenue was $1.52 billion, an increase of 5.34% compared to the previous year's $1.44 billion. Earnings were $648.27 million, an increase of 15.20%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for TRMD stock is "Buy" and the 12-month stock price forecast is $48.0.
News
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Considering the weaker seasonality, TORM plc delivered adequate results for 3Q24. YoY revenue grew by 3.9% while net income by 4.8%. TRMD has 59.4% Total Debt to Equity and 40.2% Total Liabilities to ...
TORM plc (TRMD) Q3 2024 Earnings Call Transcript
TORM plc (NASDAQ:TRMD) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Jacob Meldgaard – Chief Executive Officer Kim Balle – Chief Financial Officer Conference Call ...
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TORM: Product Tanker Markets Primed For Recovery (Podcast Transcript)
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22% Yielding TORM: A Very Buyable Crash (Rating Upgrade)
Last week, TORM plc stock crashed as oil prices collapsed worldwide. As an oil tanker, TORM's business is impacted by the supply and demand for oil. However; it doesn't depend on high oil prices the s...
TORM plc: The Sell-Off Is Overdone - Upgrading To Strong Buy
TORM plc's share price dropped 15% due to market sell-off and seasonality, but maintains an 18% dividend yield with potential upside in Q4. Global refinery shifts away from Europe to the Middle East a...
How Good Is TORM's 22% Yield?
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TORM plc (TRMD) Q2 2024 Earnings Call Transcript
TORM plc (NASDAQ:TRMD) Q2 2024 Earnings Conference Call August 15, 2024 9:00 AM ET Company Participants Jacob Meldgaard - Executive Director and Chief Executive Officer Kim Balle - Chief Financial Of...
TORM: Still Making Cash, A 15% Yield, And More Room To Run
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TORM PLC: Check Out That 16% Forward Yield
TORM PLC is a tanker company that Brookfield's Oaktree Wealth Management owns a controlling stake in. The company has a rocky history, but now has the backing of two very well-run financial services c...
TORM Stock Is Still Cheap And Well Positioned
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TORM: Robust Fundamentals And High Dividends
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