TORM plc (TRMD)
| Market Cap | 1.66B |
| Revenue (ttm) | 1.56B |
| Net Income (ttm) | 612.50M |
| Shares Out | 97.32M |
| EPS (ttm) | 6.36 |
| PE Ratio | 2.61 |
| Forward PE | 4.81 |
| Dividend | $5.09 (30.64%) |
| Ex-Dividend Date | Mar 19, 2025 |
| Volume | 487,091 |
| Open | 16.88 |
| Previous Close | 16.97 |
| Day's Range | 16.58 - 16.98 |
| 52-Week Range | 16.58 - 40.47 |
| Beta | -0.06 |
| Analysts | Buy |
| Price Target | 48.00 (+188.9%) |
| Earnings Date | Mar 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 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 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 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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TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark , March 21, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD-A) has increased its share capital by 262,294 A-shares (corresponding to a nominal value of USD 2,622.94) as...
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TORM plc (TRMD) Q4 2024 Earnings Conference Call Transcript
TORM plc (NASDAQ:TRMD) Q4 2024 Earnings Conference Call March 6, 2025 9:00 AM ET Company Participants Jacob Meldgaard - Chief Executive Officer Kim Balle - Chief Financial Officer Conference Call Par...
TORM plc Annual Report 2024, Dividend Distribution, and Financial Outlook 2025
HELLERUP, Denmark , March 6, 2025 /PRNewswire/ -- INSIDE INFORMATION "2024 was a strong year for TORM, driven by increased ton-mile demand and limited fleet-growth", says Jacob Meldgaard, CEO, TORM, ...
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A few months ago, I wrote an article giving positive coverage to TORM PLC, a Danish tanker company. At the time, I rated the stock a strong buy on the basis of the fact that it was trading at low mult...
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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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