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NASDAQ:TRMD

TORM Stock Forecast, Price & News

$7.17
-0.29 (-3.89 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$7.12
Now: $7.17
$7.65
50-Day Range
$6.50
MA: $7.04
$7.56
52-Week Range
$6.34
Now: $7.17
$48.86
Volume12,982 shs
Average Volume65,714 shs
Market Capitalization$532.52 million
P/E Ratio3.68
Dividend Yield22.79%
Beta-389.34
TORM Plc engages in the ownership and operation of product tankers. The firm transports refined oil products such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products, such as fuel oil. The company was founded by Ditlev E. Torm and Christian Schmiegelow in 1889 and is headquartered in London, the United Kingdom.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 1.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.24 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
Current SymbolNASDAQ:TRMD
CUSIPN/A
CIKN/A
Phone(443) 917-9200
Employees455

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$693 million
Cash Flow$2.21 per share
Book Value$13.57 per share

Profitability

Net Income$166.02 million

Miscellaneous

Market Cap$532.52 million
Next Earnings Date3/10/2021 (Estimated)
OptionableNot Optionable
$7.17
-0.29 (-3.89 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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TORM (NASDAQ:TRMD) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of TORM?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TORM in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for TORM
.

What stocks does MarketBeat like better than TORM?

Wall Street analysts have given TORM a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TORM wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TORM's next earnings date?

TORM is scheduled to release its next quarterly earnings announcement on Wednesday, March 10th 2021.
View our earnings forecast for TORM
.

How often does TORM pay dividends? What is the dividend yield for TORM?

TORM declared a semi-annual dividend on Tuesday, August 18th. Investors of record on Thursday, August 27th will be given a dividend of $0.85 per share on Thursday, September 10th. This represents a yield of 1.3%. The ex-dividend date is Wednesday, August 26th.
View TORM's dividend history
.

Who are some of TORM's key competitors?

What other stocks do shareholders of TORM own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TORM investors own include Gilead Sciences (GILD), Inovio Pharmaceuticals (INO), Frontline (FRO), Intel (INTC), Pfizer (PFE), Sanofi (SNY), Micron Technology (MU), Novavax (NVAX), BioNTech (BNTX) and Carnival Co. & (CCL).

Who are TORM's key executives?

TORM's management team includes the following people:
  • Jacob Balslev Meldgaard, CEO, Executive Director & Head-Tanker Division
  • Andreas G. Jørgensen, Head-Global Operation
  • Kim Balle, Chief Financial Officer
  • Jesper Søndergaard Jensen, Head-Technician Division
  • Bo Hjorth Jensen, Head-Group Information Technology

What is TORM's stock symbol?

TORM trades on the NASDAQ under the ticker symbol "TRMD."

Who are TORM's major shareholders?

TORM's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Segall Bryant & Hamill LLC (0.09%) and Jane Street Group LLC (0.07%).

Which major investors are selling TORM stock?

TRMD stock was sold by a variety of institutional investors in the last quarter, including Segall Bryant & Hamill LLC.

Which major investors are buying TORM stock?

TRMD stock was purchased by a variety of institutional investors in the last quarter, including Jane Street Group LLC.

How do I buy shares of TORM?

Shares of TRMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is TORM's stock price today?

One share of TRMD stock can currently be purchased for approximately $7.17.

How big of a company is TORM?

TORM has a market capitalization of $532.52 million and generates $693 million in revenue each year. TORM employs 455 workers across the globe.

What is TORM's official website?

The official website for TORM is www.torm.com.

How can I contact TORM?

TORM's mailing address is BIRCHIN COURT 20 BIRCHIN LANE, LONDON X0, EC3V 9DU. The company can be reached via phone at (443) 917-9200 or via email at [email protected]

This page was last updated on 11/27/2020 by MarketBeat.com Staff

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