Torm PLC (TRMD)

Currency in USD
39.790
+0.870(+2.24%)
Real-time Data·
39.901+0.981(+2.52%)
·
High dividend Yield
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Fair Value
Day's Range
39.73039.990
52 wk Range
19.30041.545
Key Statistics
Prev. Close
38.92
Open
39.92
Day's Range
39.73-39.99
52 wk Range
19.3-41.545
Volume
286.05K
Average Volume (3m)
1.21M
1-Year Change
92.0079%
Book Value / Share
24.91
Fair Value
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Fair Value Upside
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TRMD Scorecardpro icon
Company’s Health
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Fair Value
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Torm PLC News & Analysis

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Technical Indicators
Strong Sell
Moving Averages
Neutral
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Evercore ISI
Buy38.00-2.36%37.00MaintainAug 26, 2026
Evercore ISI
Buy37.00-4.93%35.00MaintainJul 22, 2026
Evercore ISI
Buy35.00-10.07%36.00MaintainApr 21, 2026
Evercore ISI
Buy34.00-12.64%28.00MaintainFeb 26, 2026

Torm PLC Earnings Call Summary for Q2/2026

  • TORM reported record Q2 2026 revenue of $662.8M, beating estimates by 30.8%, though EPS of $3.25 missed forecasts by $0.05 per share.
  • Company raised 2026 guidance: TCE earnings to $1.4B-$1.6B from $1.15B-$1.45B; EBITDA to $1.0B-$1.2B from $800M-$1.1B amid tight freight markets.
  • Board approved $2.40 interim dividend per share ($246M total), yielding 8.9%, as net debt fell to $715M with loan-to-value ratio at 22.4%.
  • CEO Meldgaard said tanker strength reflects 'structural reset' from Middle East disruptions, not temporary spike; fleet renewal focused on MR vessels through 2029.
  • Q2 TCE earnings hit $512M (up 146% YoY), EBITDA reached $416M (up 228%), and net profit surged to $338M (up 473%) on record daily rates of $59,301.
Last Updated: 2026-08-26, 10:00 a/m
Read Full Transcript

Earnings

Latest Release
Aug 26, 2026
EPS / Forecast
3.25 / 3.30
Revenue / Forecast
662.8M / 506.92M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 6.14%
Dividend Yield
24.67%
Industry Median 4.11%
Annualized payout
9.60
Paid unevenly
5-Years Growth
+23.28%
Growth Streak

TRMD Income Statement

Compare TRMD to Peers and Sector

Metrics to compare
TRMD
Peers
Sector
Relationship
P/E Ratio
6.6x7.5x5.4x
PEG Ratio
0.070.040.00
Price/Book
1.6x1.5x1.1x
Price / LTM Sales
2.3x2.1x1.4x
Upside (Analyst Target)
6.6%0.7%28.1%
Fair Value Upside
Unlock6.3%7.1%Unlock

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.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
11.70M11.43%455.28M
Other Institutional Investors
44.73M43.69%1.74B
Public Companies & Retail Investors
45.94M44.88%1.79B
Total
102.37M100.00%3.98B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Hafnia Limited19.89%20,356,061792,258
Brookfield Corporation6.18%6,329,874246,359

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FAQ

What Is the Torm (TRMD) Stock Price Today?

The Torm stock price today is 39.790 USD.

What Stock Exchange Does Torm Trade On?

Torm is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Torm?

The stock symbol for Torm is "TRMD."

Does Torm Pay Dividends? What’s The Current Dividend Yield?

The Torm dividend yield is 24.67%.

What Is the Torm Market Cap?

As of today, Torm market cap is 4.010B USD.

What Is Torm's Earnings Per Share (TTM)?

The Torm EPS (TTM) is 6.141.

When Is the Next Torm Earnings Date?

Torm will release its next earnings report on Nov 04, 2026.

From a Technical Analysis Perspective, Is TRMD a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Torm Stock Split?

Torm has split 0 times.

How Many Employees Does Torm Have?

Torm has 597 employees.

What is the current trading status of Torm (TRMD)?

As of Oct 08, 2026, Torm (TRMD) is trading at a price of 39.790 USD, with a previous close of 38.920 USD. The stock has fluctuated within a day range of 39.730 USD to 39.990 USD, while its 52-week range spans from 19.300 USD to 41.545 USD.

What Is the TRMD Premarket Price?

TRMD's last pre-market stock price is 39.901 USD. The pre-market share volume is 187,370.000, and the stock has decreased by 0.981, or 2.520%.

What Is the TRMD After Hours Price?

TRMD's last after hours stock price is 39.340 USD, the stock has decreased by 0.420, or 1.080%.
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