Free Trial
NASDAQ:TRMD

Torm (TRMD) Stock Price, News & Analysis

Torm logo
$39.91 -1.20 (-2.92%)
Closing price 04:00 PM Eastern
Extended Trading
$40.32 +0.41 (+1.02%)
As of 07:16 PM 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)

Advanced

Key Stats

Today's Range
$39.00
▼
$41.86
50-Day Range
$28.63
▼
$41.11
52-Week Range
$19.30
▼
$41.86
Volume
2.43 million shs
Average Volume
1.00 million shs
Market Capitalization
$4.07 billion
P/E Ratio
6.57
Dividend Yield
17.56%
Price Target
$38.00
Consensus Rating
Buy

Company Overview

TORM plc is a Denmark-based international shipping company that owns and operates product tankers. The company transports refined petroleum products, including gasoline, diesel, jet fuel and naphtha, as well as other clean petroleum and chemical products for customers worldwide.

TORM manages a fleet of tankers across several size classes, including medium-range and larger vessels. Its activities cover commercial and technical vessel management, chartering, and the transportation of liquid cargoes between major production, refining and consumption markets.

Founded in 1889, TORM has its roots in Denmark and has developed into a global product tanker operator serving routes across the Atlantic, Pacific, Middle East and Asia-Pacific regions. The company is headquartered in Copenhagen and is led by Chief Executive Officer Jacob Meldgaard.

AI Generated. May Contain Errors.

Torm Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
44th Percentile Overall Score

TRMD MarketRank™: 
2.17999212288 of 5 stars

Torm scored higher than 44% of companies evaluated by MarketBeat, and ranked 172nd out of 247 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 6.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.75.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Torm is 6.57, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.08.

  • Price to Book Value per Share Ratio

    Torm has a P/B Ratio of 1.70. 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

    1.47% 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 0.76, 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 1.24%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Torm is a leading dividend payer. It pays a dividend yield of 17.13%, 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 0.42. 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 0.72 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Torm this week, compared to 3 articles on an average week.
  • Search Interest

    Only 10 people have searched for TRMD on MarketBeat in the last 30 days. This is a decrease of -50% 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,643,225.00 in 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.
Receive TRMD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Torm and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

TRMD Stock News Headlines

Torm plc: TORM plc Upgrades Full-Year Guidance
Elon's next millionaires start October 24?
SpaceX minted 4,400 millionaires in a single day, and Tesla has turned more than 5,000 employees into millionaires. One welder's $10,000 stock package made him a millionaire on IPO day. Former Wall Street CEO Dylan Jovine says Elon Musk's next venture could outsize everything he's built before. It runs on an obscure AI firm Musk has relied on since 2012, supplying crucial technology to Tesla, Starlink and SpaceX.tc pixel
TORM (CPSE:TRMD A), Why Is It Back In The Spotlight?
Torm (NASDAQ:TRMD) Sets New 52-Week High - Time to Buy?
Torm (NASDAQ:TRMD) Stock: Insider Kim Balle Sells 7,533 Shares
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 shares have increased by 103.8% and is now trading at $39.91.

Torm Plc (NASDAQ:TRMD) released its earnings results on Wednesday, August, 26th. The company reported $3.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.31 by $0.06. The company had revenue of $662.80 million for 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
.

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 Energy Transfer (ET), ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers (SBLK), Rithm Capital (RITM), Verizon Communications (VZ), AGNC Investment (AGNC) and Ares Capital (ARCC).

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
Dividend Payable
9/24/2026
Today
10/14/2026
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
588
Year Founded
N/A

Price Target and Rating

High Price Target
$38.00
Low Price Target
$38.00
Potential Upside/Downside
-4.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
$6.07
Trailing P/E Ratio
6.57
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
3.04
Cash Flow
$5.18 per share
Price / Cash Flow
7.70
Book Value
$23.43 per share
Price / Book
1.70

Miscellaneous

Outstanding Shares
102,040,000
Free Float
101,659,000
Market Cap
$4.07 billion
Optionable
Optionable
Beta
0.07

Social Links

7 Blue-Chip Stocks to Add To Your Forever Portfolio Cover

A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.

This report names seven blue-chip stocks across technology, retail, consumer staples, healthcare, networking, sporting goods, and utilities that offer investors a mix of stability, income, growth, and staying power.

Get This Free Report

This page (NASDAQ:TRMD) was last updated on 10/14/2026 by MarketBeat.com Staff.
From Our Partners