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NASDAQ:TRMD

Torm (TRMD) Stock Price, News & Analysis

Torm logo
$34.63 -2.49 (-6.71%)
Closing price 09/22/2026 04:00 PM Eastern
Extended Trading
$34.54 -0.09 (-0.26%)
As of 05:19 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Torm Stock (NASDAQ:TRMD)

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Key Stats

Today's Range
$34.60
$35.83
50-Day Range
$28.45
$38.23
52-Week Range
$19.30
$38.73
Volume
2.37 million shs
Average Volume
1.62 million shs
Market Capitalization
$3.53 billion
P/E Ratio
5.71
Dividend Yield
20.24%
Price Target
$38.00
Consensus Rating
Buy

Company Overview

TORM plc is an international product tanker company that transports refined oil products and other energy-related cargoes by sea. Its vessels carry products such as gasoline, jet fuel, diesel and other clean petroleum products between production, storage and consumption markets.

The company operates a fleet of product tankers across several size categories, including long-range, medium-range and Handysize vessels. TORM provides seaborne transportation services to oil companies, trading houses and other commercial customers, with operations serving major shipping routes and energy markets worldwide.

TORM traces its history to 1889 and is headquartered in Copenhagen, Denmark. The company is led by Chief Executive Officer Jacob Meldgaard and is listed on Nasdaq under the symbol TRMD.

AI Generated. May Contain Errors.

Torm Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
60th Percentile Overall Score

TRMD MarketRank™: 

Torm scored higher than 60% of companies evaluated by MarketBeat, and ranked 135th out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Torm has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 2 buy ratings, 1 hold rating, and no sell ratings.

  • Upside/Downside

    The consensus price target for Torm is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Torm has only been the subject of 2 research reports in the past 90 days.

  • Read more about Torm's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Torm is 5.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Torm is 5.71, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.83.

  • Price to Book Value per Share Ratio

    Torm has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Torm's valuation and earnings.
  • Percentage of Shares Shorted

    1.48% of the float of Torm has been sold short.
  • Short Interest Ratio / Days to Cover

    Torm has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Torm has recently increased by 48.94%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Torm is a leading dividend payer. It pays a dividend yield of 18.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Torm does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Torm is 115.49%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Torm's dividend.
  • News Sentiment

    Torm has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Torm this week, compared to 2 articles on an average week.
  • Search Interest

    23 people have searched for TRMD on MarketBeat in the last 30 days. This is an increase of 229% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Torm to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Torm insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.37% of the stock of Torm is held by insiders.

  • Percentage Held by Institutions

    73.89% of the stock of Torm is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Torm's insider trading history.
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TRMD Stock News Headlines

Wall Street Zen Upgrades Torm (NASDAQ:TRMD) to "Strong-Buy"
Here’s the stock symbol I’ve promised
Whitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - but now he believes he's found something better. This under-the-radar company sits at the intersection of America's two most important industries, including AI, pays massive dividends, and attracted a famous money manager who put 60% of his multi-billion-dollar fund into it. Tilson is revealing the name and ticker symbol completely free - no credit card or email required.tc pixel
TORM plc - Major Shareholder Announcement
Torm (NASDAQ:TRMD) Reaches New 52-Week High - Here's What Happened
See More Headlines

TRMD Stock Analysis - Frequently Asked Questions

Torm's stock was trading at $19.58 at the beginning of 2026. Since then, TRMD stock has increased by 76.9% and is now trading at $34.63.

Torm Plc (NASDAQ:TRMD) issued its quarterly earnings data on Wednesday, August, 26th. The company reported $3.25 EPS for the quarter, missing analysts' consensus estimates of $3.31 by $0.06. The company earned $662.80 million during the quarter, compared to the consensus estimate of $499.01 million. Torm had a trailing twelve-month return on equity of 27.24% and a net margin of 35.51%.
Read the conference call transcript
.

Top institutional investors of Torm include Assenagon Asset Management S.A. (0.10%), Midwest Professional Planners LTD. (0.09%), Engineers Gate Manager LP (0.06%) and BTG Pactual Asset Management US LLC (0.04%).
View institutional ownership trends
.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Torm investors own include Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Toronto Dominion Bank (TD) and Edwards Lifesciences (EW).

Company Calendar

Last Earnings
8/26/2026
Record date for 9/24 Dividend
9/10/2026
Ex-Dividend for 9/24 Dividend
9/10/2026
Today
9/23/2026
Dividend Payable
9/24/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-Industry
Oil & Gas Storage & Transportation
Current Symbol
NASDAQ:TRMD
CIK
1655891
Fax
N/A
Employees
481
Year Founded
N/A

Price Target and Rating

High Price Target
$38.00
Low Price Target
$38.00
Potential Upside/Downside
+9.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
$6.07
Trailing P/E Ratio
5.71
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$285.30 million
Net Margins
35.51%
Pretax Margin
35.77%
Return on Equity
27.24%
Return on Assets
17.96%

Debt

Debt-to-Equity Ratio
0.33
Current Ratio
2.27
Quick Ratio
1.97

Sales & Book Value

Annual Sales
$1.34 billion
Price / Sales
2.64
Cash Flow
$4.96 per share
Price / Cash Flow
6.98
Book Value
$23.43 per share
Price / Book
1.48

Miscellaneous

Outstanding Shares
102,040,000
Free Float
101,659,000
Market Cap
$3.53 billion
Optionable
Optionable
Beta
0.12

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This page (NASDAQ:TRMD) was last updated on 9/23/2026 by MarketBeat.com Staff.
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