TORM plc (TRMD)
| Market Cap | 3.34B +99.3% |
| Revenue (ttm) | 1.41B -2.2% |
| Net Income | 345.40M -25.7% |
| EPS | 3.42 -27.7% |
| Shares Out | 101.16M |
| PE Ratio | 9.56 |
| Forward PE | 3.47 |
| Dividend | $2.42 (7.40%) |
| Ex-Dividend Date | May 28, 2026 |
| Volume | 288,460 |
| Open | 32.78 |
| Previous Close | 32.70 |
| Day's Range | 32.38 - 33.11 |
| 52-Week Range | 15.79 - 35.33 |
| Beta | 0.04 |
| Analysts | Buy |
| Price Target | 35.00 (+6.94%) |
| 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.
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 StatementsAnalyst Summary
According to 2 analysts, the average rating for TRMD stock is "Buy." The 12-month stock price target is $35.0, which is an increase of 6.94% from the latest price.
News
Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons
HELLERUP, Denmark, May 21, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / clo...
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark, May 20, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 215,635 A-shares (corresponding to a nominal value of USD 2.156,35) as a res...
TORM plc Quarterly report: Q1 2026
TORM plc has published its Q1 2026 quarterly earnings report on May 18, 2026.
TORM plc Slides: Q1 2026
TORM plc has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 18, 2026.
TORM plc Quarterly report: Q1 2026
TORM plc has published its Q1 2026 quarterly earnings report on May 18, 2026.
TORM plc Slides: Q1 2026
TORM plc has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 18, 2026.
TORM plc Quarterly report: Q1 2026
TORM plc has published its Q1 2026 quarterly earnings report on May 18, 2026.
TORM plc Slides: Q1 2026
TORM plc has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 18, 2026.
TORM PLC (TRMD) Stock Down 5.6% but Still Overvalued -- GF Score: 73/100
TORM PLC (TRMD) Stock Down 5.6% but Still Overvalued -- GF Score: 73/100
TORM PLC (TRMD) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic Fleet Renewal
TORM PLC (TRMD) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic Fleet Renewal
Q1 2026 Torm PLC Earnings Call Transcript
Q1 2026 Torm PLC Earnings Call Transcript
Torm plc downgraded to Hold from Buy at Pareto
Pareto analyst Eirik Haavaldsen downgraded Torm plc (TRMD) to Hold from Buy with a DKK 223 price target The company’s “strong” Q2 is increasingly priced into the shares, the analyst…
Torm Q1 Earnings Call Highlights
Torm NASDAQ: TRMD reported a sharply stronger first quarter of 2026 and raised its full-year outlook, citing firm freight markets, geopolitical disruptions and what management described as the company...
Torm Q1 Earnings Call Highlights
3 Stocks That Just Announced Big Dividend IncreasesTorm (NASDAQ:TRMD) reported a sharply stronger first quarter of 2026 and raised its full-year outlook, citing firm freight markets, geopolitical disr...
TORM plc Earnings Call Transcript: Q1 2026
Q1 2026 saw record earnings, with TCE revenue and net profit sharply higher year-over-year, driven by strong freight rates and market disruptions. Upgraded full-year guidance reflects robust Q2 bookings and continued market volatility, with a disciplined capital structure and active fleet renewal.
TORM plc Quarterly report: Q1 2026
TORM plc has published its Q1 2026 quarterly earnings report on May 13, 2026.
TORM plc Slides: Q1 2026
TORM plc has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.
TORM plc Earnings Call Transcript: Q1 2026
Q1 2026 saw record earnings, with TCE revenue and net profit sharply higher year-over-year, driven by strong freight rates and market disruptions. Upgraded full-year guidance reflects robust Q2 bookings and continued market volatility, with a disciplined capital structure and active fleet renewal.
TORM plc Quarterly report: Q1 2026
TORM plc has published its Q1 2026 quarterly earnings report on May 13, 2026.
TORM plc Slides: Q1 2026
TORM plc has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.
TORM plc Earnings Call Transcript: Q1 2026
Q1 2026 saw record earnings, with TCE revenue and net profit sharply higher year-over-year, driven by strong freight rates and market disruptions. Upgraded full-year guidance reflects robust Q2 bookings and continued market volatility, with a disciplined capital structure and active fleet renewal.
TORM plc Quarterly report: Q1 2026
TORM plc has published its Q1 2026 quarterly earnings report on May 13, 2026.
TORM plc Slides: Q1 2026
TORM plc has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 13, 2026.
Torm Releases Q1 2026 Financial Results
Torm plc reported first-quarter results that surpassed Wall Street expectations, with basic earnings of $1. The post Torm Releases Q1 2026 Financial Results first appeared on Alphastreet .
Torm plc reports Q1 EPS $1.21, consensus $1.23
“TORM delivered a strong quarter supported by high freight rates, consistent execution, and our One TORM platform,” said Jacob Meldgaard, adding: “Rates rose to record levels in April, prompting an…