Torm (TRMD) Projected to Post Earnings on Wednesday

Key Points

• Torm will report Q1 2026 results before the market opens on May 13; analysts expect EPS of $1.33 and revenue of $297.406 million for the quarter.
• Torm raised its quarterly dividend to $0.70 (annualized $2.80), implying a 8.0% yield and a payout ratio of about 71.8%.
• Shares trade near a 52‑week high (~$34.87) with a $3.56B market cap and PE of 12.28; the company beat the prior quarter (EPS $0.87 vs $0.83) and has a consensus rating of Moderate Buy with an average price target of $35.00.

Torm (NASDAQ:TRMD - Get Free Report) is expected to post its Q1 2026 results before the market opens on Wednesday, May 13th. Analysts expect Torm to post earnings of $1.33 per share and revenue of $297.4060 million for the quarter. Parties are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 7:00 AM ET.

Torm (NASDAQ:TRMD - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.04. The business had revenue of $352.60 million for the quarter, compared to analyst estimates of $236.21 million. Torm had a return on equity of 13.26% and a net margin of 21.29%.

Torm Stock Up 5.5%

Shares of NASDAQ:TRMD opened at $34.87 on Wednesday. Torm has a 1 year low of $15.79 and a 1 year high of $34.88. The company has a market capitalization of $3.56 billion, a PE ratio of 12.28 and a beta of 0.14. The business has a fifty day moving average price of $28.90 and a two-hundred day moving average price of $24.55. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.33 and a quick ratio of 1.16.

Torm Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Thursday, March 12th were issued a $0.70 dividend. This is an increase from Torm's previous quarterly dividend of $0.62. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 8.0%. Torm's payout ratio is presently 71.83%.

Analysts Set New Price Targets

A number of research firms recently issued reports on TRMD. Weiss Ratings restated a "hold (c)" rating on shares of Torm in a report on Friday, April 17th. Wall Street Zen upgraded shares of Torm from a "hold" rating to a "buy" rating in a research note on Sunday, April 12th. Finally, Evercore set a $35.00 target price on shares of Torm in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $35.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TRMD. Quarry LP bought a new stake in Torm in the 3rd quarter valued at about $35,000. Tower Research Capital LLC TRC bought a new position in Torm during the second quarter worth about $46,000. Wexford Capital LP bought a new position in Torm during the third quarter worth about $120,000. Invesco Ltd. purchased a new position in shares of Torm in the second quarter worth about $190,000. Finally, Virtus Advisers LLC increased its stake in shares of Torm by 356.4% in the fourth quarter. Virtus Advisers LLC now owns 9,858 shares of the company's stock worth $193,000 after purchasing an additional 7,698 shares in the last quarter. Institutional investors own 73.89% of the company's stock.

About Torm

Torm A/S NASDAQ: TRMD is an international shipping company specializing in the transportation of refined petroleum products. The firm owns and operates a modern fleet of product tankers, including both Handysize and MR vessels, which are designed to carry a broad range of clean petroleum cargoes such as gasoline, jet fuel and diesel. Torm's core business revolves around voyage and time-charter contracts with major oil companies, trading houses and other energy sector clients around the world.

The company's fleet is deployed on global trade routes, with particular focus on major refining and consumption regions in Europe, North America and Asia.

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