TORM plc (TRMD)
| Market Cap | 4.50B +118.1% |
| Revenue (ttm) | 1.76B +33.2% |
| Net Income | 625.10M +89.9% |
| EPS | 6.01 +85.6% |
| Shares Out | 102.40M |
| PE Ratio | 7.17 |
| Forward PE | 4.91 |
| Dividend | $4.42 (10.27%) |
| Ex-Dividend Date | Sep 10, 2026 |
| Volume | 1,329,293 |
| Open | 41.88 |
| Previous Close | 41.71 |
| Day's Range | 41.42 - 43.13 |
| 52-Week Range | 19.30 - 43.13 |
| Beta | -0.02 |
| Analysts | Buy |
| Price Target | 45.00 (+4.54%) |
| Earnings Date | Nov 4, 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 $45.0, which is an increase of 4.54% from the latest price.
News
Torm plc price target raised to $45 from $38 at Evercore ISI
Evercore ISI raised the firm’s price target on Torm plc (TRMD) to $45 from $38 and keeps an Outperform rating on the shares.
Torm plc raises FY26 TCE view to $1.7B-$1.9B from $1.4B-$1.6B
Torm plc (TRMD) announces that, based on the company’s current coverage and expectations for continued market strength during the remainder of the fourth quarter of 2026, Torm has increased its…
TORM plc Upgrades Full-Year Guidance
HELLERUP, Denmark, Oct. 12, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces that, based on the Company's current coverage and expectations for continued market strength d...
TORM plc Announces Change to the Board
HELLERUP, Denmark, Oct. 9, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) announces that, following Oaktree Capital Management and its affiliates no longer holding an ownership interest...
Major Shareholder Announcement
HELLERUP, Denmark, Oct. 8, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.à r.l. ("...
TORM plc announces closing of secondary public offering of its class A common shares
HELLERUP, Denmark, Oct. 7, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (Nasdaq: TRMD or TRMD A) today announces the closing of the previously announced secondary public offering of 6,329,8...
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark, Oct. 7, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 61,105 Class A shares, corresponding to a nominal increase of USD 611.05, as...
Torm plc 6.33M share Spot Secondary priced at $40.05
The deal range was $40.05-$41.05. JPMorgan acted as sole book running manager for the offering.
Torm plc announces pricing of secondary offering of class A common shares
Torm plc (TRMD) announces the pricing of a secondary public offering of 6,329,874 of the company’s Class A common shares by OCM Njord Holdings, a company indirectly owned by funds…
TORM plc announces pricing of secondary public offering of its class A common shares
HELLERUP, Denmark, Oct. 6, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the pricing of a secondary public offering of 6,329,874 (six million ...
Torm plc announces 6.33M share offering of Class A common stock for holders
Torm plc (TRMD) announces the commencement of a secondary public offering of 6,329,874 of the company’s Class A common shares by OCM Njord Holdings, a company indirectly owned by funds…
TORM plc announces secondary public offering of its class A common shares by a selling shareholder
HELLERUP, Denmark, Oct. 5, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) or (NASDAQ: TRMD A) today announces the commencement of a secondary public offering of 6,329,874 of th...
Report on transactions in TORM plc securities by directors and executive officers and their closely associated persons
HELLERUP, Denmark, Sept. 28, 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...
Torm PLC - Major Shareholder Announcement
HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: OCM Njord Holdings S.
Torm plc increases share capital by 97,089 Class A shares
Torm plc (TRMD) has increased its share capital by 97,089 Class A shares, corresponding to a nominal increase of $970.89, as a result of the exercise of a corresponding number…
TORM plc capital increase in connection with RSU exercise as part of TORM's incentive program
HELLERUP, Denmark, Sept. 24, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 97,089 Class A shares, corresponding to a nominal increase of USD 970.89, ...
HAFNIA LIMITED: Acquisition of an Additional 1.7 Million TORM Shares
SINGAPORE--(BUSINESS WIRE)--Hafnia Limited ("Hafnia", the "Company", OSE ticker code: "HAFNI", NYSE ticker code: "HAFN") has agreed to acquire 1,700,000 A shares in TORM plc ("TORM", CSE ticker code: ...
Hafnia Limited acquires 4.5M Class A shares in Torm plc
Pursuant to section 30 of the Danish Capital Markets Act, Torm plc (TRMD) hereby announces that: Hafnia Limited has informed Torm plc that Hafnia has acquired in aggregate 4.5M Class…
TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program
HELLERUP, Denmark, Sept. 18, 2026 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has increased its share capital by 132,421 Class A shares, corresponding to a nominal increase of USD 1,324....
TORM plc - Major Shareholder Announcement
HELLERUP, Denmark, Sept. 18, 2026 /PRNewswire/ -- Pursuant to section 30 of the Danish Capital Markets Act, TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) hereby announces that: Hafnia Limited ("Hafnia") h...
TORM plc announces closing of secondary public offering of its class A common shares
HELLERUP, Denmark, Sept. 16, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the closing of the previously announced secondary public offering o...
Hafnia to acquire 4.5M Torm shares at $32.25 per share
Hafnia (HAFN) has agreed to acquire 4.5M A shares in Torm (TRMD) at a price per share of $32.25, representing 4.39% of the issued and outstanding share capital of Torm…
Torm plc 9M share Spot Secondary priced at $32.25
The deal range was $32.25-$34.00. JPMorgan acted as sole book running manager for the offering.
TORM plc announces pricing of secondary public offering of its class A common shares
HELLERUP, Denmark, Sept. 15, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) (NASDAQ: TRMD A) today announces the pricing of a secondary public offering of 9,000,000 (nine milli...