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TORM NasdaqGS:TRMD Stock Report

Last Price

US$23.43

Market Cap

US$2.2b

7D

-1.6%

1Y

-30.6%

Updated

18 Nov, 2024

Data

Company Financials +

TORM plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TORM
Historical stock prices
Current Share PriceDKK 23.43
52 Week HighDKK 40.47
52 Week LowDKK 22.72
Beta-0.063
11 Month Change-21.95%
3 Month Change-38.18%
1 Year Change-30.57%
33 Year Change225.42%
5 Year Change144.28%
Change since IPO208.29%

Recent News & Updates

TORM plc: Double-Digit Yields And Attractive Discount To NAV (Rating Upgrade)

Nov 12

Recent updates

TORM plc: Double-Digit Yields And Attractive Discount To NAV (Rating Upgrade)

Nov 12

22% Yielding TORM: A Very Buyable Crash (Rating Upgrade)

Sep 16

How Good Is TORM's 22% Yield?

Sep 07

TORM: Still Making Cash, A 15% Yield, And More Room To Run

Jul 25

TORM PLC: Check Out That 16% Forward Yield

May 17

TORM Stock Is Still Cheap And Well Positioned

May 01

TORM plc: A Luring Dividend Yield And Skewed Risk Reward (Rating Downgrade)

Mar 27

My TORM Pick In 2021 Smoked All Big Tech Gains

Feb 13

TORM: Still Great Value To Be Unlocked

Jan 10

TORM: Further Increase In Charter Equivalent Rates Would Mean Higher Stock Price

Sep 07

TORM goes ex-dividend tomorrow

Aug 30

TORM GAAP EPS of $1.31, revenue of $338.5M

Aug 18

Shareholder Returns

TRMDUS Oil and GasUS Market
7D-1.6%0.4%-2.1%
1Y-30.6%13.9%29.6%

Return vs Industry: TRMD underperformed the US Oil and Gas industry which returned 13.9% over the past year.

Return vs Market: TRMD underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is TRMD's price volatile compared to industry and market?
TRMD volatility
TRMD Average Weekly Movement4.7%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: TRMD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TRMD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1889579Jacob Meldgaardwww.torm.com

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.

TORM plc Fundamentals Summary

How do TORM's earnings and revenue compare to its market cap?
TRMD fundamental statistics
Market capUS$2.22b
Earnings (TTM)US$719.37m
Revenue (TTM)US$1.64b

3.1x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRMD income statement (TTM)
RevenueUS$1.64b
Cost of RevenueUS$686.28m
Gross ProfitUS$955.31m
Other ExpensesUS$235.95m
EarningsUS$719.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 06, 2025

Earnings per share (EPS)7.47
Gross Margin58.19%
Net Profit Margin43.82%
Debt/Equity Ratio58.9%

How did TRMD perform over the long term?

See historical performance and comparison

Dividends

25.0%

Current Dividend Yield

74%

Payout Ratio

Does TRMD pay a reliable dividends?

See TRMD dividend history and benchmarks
When do you need to buy TRMD by to receive an upcoming dividend?
TORM dividend dates
Ex Dividend DateNov 21 2024
Dividend Pay DateDec 04 2024
Days until Ex dividend2 days
Days until Dividend pay date15 days

Does TRMD pay a reliable dividends?

See TRMD dividend history and benchmarks