Torm (TRMD) to Release Earnings on Thursday

Key Points

• Torm (NASDAQ: TRMD) is expected to report its Q2 2025 earnings on August 14, with projected earnings of $0.56 per share and revenue of $207.58 million.
• The stock has shown significant volatility, with a 1-year low of $13.60 and a high of $38.98, and currently trades around $18.77.
• Analyst ratings for Torm have improved, with Fearnley Fonds upgrading it to a "strong-buy" and a current consensus rating of "Moderate Buy" with an average price target of $27.50.

Torm (NASDAQ:TRMD - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Thursday, August 14th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $207.58 million for the quarter.

Torm (NASDAQ:TRMD - Get Free Report) last announced its earnings results on Thursday, August 14th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.01. The company had revenue of $208.20 million for the quarter, compared to analyst estimates of $207.58 million. Torm had a return on equity of 15.77% and a net margin of 24.90%. On average, analysts expect Torm to post $6 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Torm Stock Down 2.4%

Shares of NASDAQ:TRMD traded down $0.49 during trading on Friday, hitting $20.00. The company's stock had a trading volume of 703,793 shares, compared to its average volume of 756,238. The business has a 50 day moving average price of $18.26 and a two-hundred day moving average price of $17.73. The company has a market capitalization of $1.88 billion, a PE ratio of 6.06 and a beta of 0.12. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.28 and a current ratio of 2.55. Torm has a fifty-two week low of $13.60 and a fifty-two week high of $38.98.

Torm Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Friday, August 22nd will be paid a $0.40 dividend. The ex-dividend date is Friday, August 22nd. This represents a $1.60 annualized dividend and a dividend yield of 8.0%. Torm's payout ratio is 35.15%.

Wall Street Analysts Forecast Growth

TRMD has been the subject of several research reports. Evercore ISI set a $23.00 price target on shares of Torm and gave the stock an "outperform" rating in a research note on Thursday. Fearnley Fonds upgraded shares of Torm from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 6th. Finally, Pareto Securities upgraded shares of Torm from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. One research analyst has rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $27.50.

Hedge Funds Weigh In On Torm

A number of institutional investors and hedge funds have recently modified their holdings of TRMD. Royal Bank of Canada grew its stake in shares of Torm by 1,346.6% during the first quarter. Royal Bank of Canada now owns 87,285 shares of the company's stock worth $1,438,000 after purchasing an additional 81,251 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Torm by 39.9% during the first quarter. NewEdge Advisors LLC now owns 16,740 shares of the company's stock worth $276,000 after purchasing an additional 4,776 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Torm by 0.7% during the second quarter. Geode Capital Management LLC now owns 83,133 shares of the company's stock worth $1,385,000 after purchasing an additional 611 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Torm by 22.4% during the second quarter. Cetera Investment Advisers now owns 17,610 shares of the company's stock worth $293,000 after purchasing an additional 3,221 shares in the last quarter. Finally, Invesco Ltd. acquired a new position in shares of Torm during the second quarter worth $190,000. Institutional investors and hedge funds own 73.89% of the company's stock.

Torm Company Profile

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil.