TORM plc (TRMD)

NASDAQ: TRMD · Real-Time Price · USD
32.73
+0.03 (0.09%)
May 21, 2026, 10:51 AM EDT - Market open
Market Cap3.34B +99.3%
Revenue (ttm)1.41B -2.2%
Net Income345.40M -25.7%
EPS3.42 -27.7%
Shares Out 101.16M
PE Ratio9.56
Forward PE3.47
Dividend$2.42 (7.40%)
Ex-Dividend DateMay 28, 2026
Volume288,460
Open32.78
Previous Close32.70
Day's Range32.38 - 33.11
52-Week Range15.79 - 35.33
Beta0.04
AnalystsBuy
Price Target35.00 (+6.94%)
Earnings DateMay 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.

Sector Energy
Founded 1889
Employees 605
Stock Exchange NASDAQ
Ticker Symbol TRMD
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 $35.0, which is an increase of 6.94% from the latest price.

Price Target
$35.0
(6.94% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

7 hours ago - PRNewsWire

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...

1 day ago - PRNewsWire

TORM plc Quarterly report: Q1 2026

TORM plc has published its Q1 2026 quarterly earnings report on May 18, 2026.

3 days ago - Filings

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.

3 days ago - Filings

TORM plc Quarterly report: Q1 2026

TORM plc has published its Q1 2026 quarterly earnings report on May 18, 2026.

3 days ago - Filings

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.

3 days ago - Filings

TORM plc Quarterly report: Q1 2026

TORM plc has published its Q1 2026 quarterly earnings report on May 18, 2026.

3 days ago - Filings

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.

3 days ago - Filings

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

7 days ago - GuruFocus

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

7 days ago - GuruFocus

Q1 2026 Torm PLC Earnings Call Transcript

Q1 2026 Torm PLC Earnings Call Transcript

7 days ago - GuruFocus

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…

7 days ago - TheFly

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...

7 days ago - MarketBeat

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...

7 days ago - Nasdaq

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.

8 days ago - Transcripts

TORM plc Quarterly report: Q1 2026

TORM plc has published its Q1 2026 quarterly earnings report on May 13, 2026.

8 days ago - Filings

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.

8 days ago - Filings

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.

8 days ago - Transcripts

TORM plc Quarterly report: Q1 2026

TORM plc has published its Q1 2026 quarterly earnings report on May 13, 2026.

8 days ago - Filings

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.

8 days ago - Filings

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.

8 days ago - Transcripts

TORM plc Quarterly report: Q1 2026

TORM plc has published its Q1 2026 quarterly earnings report on May 13, 2026.

8 days ago - Filings

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.

8 days ago - Filings

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 .

8 days ago - 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…

8 days ago - TheFly