TORM plc (TRMD)

NASDAQ: TRMD · Real-Time Price · USD

32.62

+0.82 (2.58%)

At close: Aug 28, 2026, 4:00 PM EDT

32.46

-0.16 (-0.49%)

After-hours: Aug 28, 2026, 7:30 PM EDT

2.58% (1D)

Market Cap	3.29B +58.2%
Revenue (ttm)	1.76B +33.2%
Net Income	625.10M +89.9%
EPS	6.14 +85.6%
Shares Out	102.40M
PE Ratio	5.27
Forward PE	9.15
Dividend	$4.42 (13.55%)
Ex-Dividend Date	Sep 10, 2026

Volume	781,925
Open	32.23
Previous Close	31.80
Day's Range	31.98 - 32.74
52-Week Range	19.30 - 35.33
Beta	0.04
Analysts	Buy
Price Target	36.50 (+11.9%)
Earnings Date	Aug 26, 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.

Industry Oil & Gas Midstream

Sector Energy

Founded 1889

Employees 605

Stock Exchange NASDAQ

Ticker Symbol TRMD

Website https://www.torm.com

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 Summary

According to 2 analysts, the average rating for TRMD stock is "Buy." The 12-month stock price target is $36.5, which is an increase of 11.90% from the latest price.

Price Target

$36.5

(11.90% upside)

Analyst Consensus: Buy

Stock Forecasts

News

Torm plc price target raised to $38 from $37 at Evercore ISI

Evercore ISI raised the firm’s price target on Torm plc (TRMD) to $38 from $37 and keeps an Outperform rating on the shares.

2 days ago - TheFly

Torm Q2 Earnings Call Highlights

Torm NASDAQ: TRMD reported its strongest quarterly financial performance on record for the second quarter of 2026, as freight rates surged amid disruptions to Middle East oil trade flows and vessel re...

3 days ago - MarketBeat

TORM plc Quarterly report: Q2 2026

TORM plc has published its Q2 2026 quarterly earnings report on August 26, 2026.

3 days ago - Filings

TORM plc Slides: Q2 2026

TORM plc has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 26, 2026.

3 days ago - Filings

TORM plc Earnings Call Transcript: Q2 2026

Record quarterly earnings driven by strong freight markets and operational leverage, with TCE earnings more than doubling year-over-year and EBITDA reaching $416 million. Full-year guidance was raised, reflecting high earnings visibility and continued fleet renewal, while significant cash was returned to shareholders.

3 days ago - Transcripts

TORM plc Quarterly report: Q2 2026

TORM plc has published its Q2 2026 quarterly earnings report on August 26, 2026.

3 days ago - Filings

TORM plc Slides: Q2 2026

TORM plc has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 26, 2026.

3 days ago - Filings

TORM plc Q2 2026 Results, Dividend Distribution, and Financial Outlook 2026

HELLERUP, Denmark, Aug. 26, 2026 /PRNewswire/ -- INSIDE INFORMATION "We delivered the strongest quarterly results in TORM's history, turning exceptional market conditions into tangible value for our ...

3 days ago - PRNewsWire

TORM plc Appoints Jann Brown to the Board of Directors

HELLERUP, Denmark, Aug. 24, 2026 /PRNewswire/ -- TORM plc (Nasdaq: TRMD) or (Nasdaq: TRMD A) is pleased to announce the appointment of Jann Brown to its Board of Directors effective 01 October 2026. T...

5 days ago - PRNewsWire

TORM PLC - Major Shareholder Announcement

HELLERUP, Denmark, Aug. 7, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD.A) hereby announces that: Oaktree Capital Group Holdings...

22 days ago - PRNewsWire