TORM

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About TRMD

TORM Plc engages in the business of transporting clean and dirty petroleum products. It operates under the Tanker and Marine Engineering segments.

CEO

Jacob Balslev Meldgaard

CEOJacob Balslev Meldgaard

Employees

481

Employees481

Headquarters

London, London & South East

HeadquartersLondon, London & South East

Founded

1889

Founded1889

Employees

481

Employees481

TRMD Key Statistics

Market cap

3.96B

Market cap3.96B

Price-Earnings ratio

6.19

Price-Earnings ratio6.19

Dividend yield

6.35%

Dividend yield6.35%

Average volume

2.27M

Average volume2.27M

High today

$38.73

High today$38.73

Low today

$37.31

Low today$37.31

Open price

$37.71

Open price$37.71

Volume

1.86M

Volume1.86M

52 Week high

$38.73

52 Week high$38.73

52 Week low

$19.30

52 Week low$19.30

Stock Snapshot

TORM(TRMD) stock is priced at $38.31, giving the company a market capitalization of 3.96B. It carries a P/E multiple of 6.19 and pays a dividend yield of 6.35%.

On 2026-09-20, TORM(TRMD) stock traded between a low of $37.31 and a high of $38.73. Shares are currently priced at $38.31, which is +2.7% above the low and -1.1% below the high.

The TORM(TRMD)'s current trading volume is 1.86M, compared to an average daily volume of 2.27M.

During the past year, TORM(TRMD) stock moved between $19.30 at its lowest and $38.73 at its peak.

TRMD News

TipRanks 2d

TORM Boosts Share Capital as RSU Exercise and New Major Holdings Shift Shareholder Landscape

Torm ( (TRMD) ) just unveiled an announcement. On 18 September 2026, TORM plc reported a capital increase of 132,421 Class A shares following the exercise of R...

TipRanks 4d

TORM’s Oaktree-Backed Holder Prices and Closes $290 Million Secondary Share Offering

Torm ( (TRMD) ) has provided an announcement. On September 14, 2026, TORM plc and OCM Njord Holdings S.à r.l. entered into an underwriting agreement with J.P....

TipRanks 4d

Hafnia to acquire 4.5M Torm shares at $32.25 per share

Hafnia (HAFN) has agreed to acquire 4.5M A shares in Torm (TRMD) at a price per share of $32.25, representing 4.39% of the issued and outstanding share capital...

Analyst ratings

75%

of 8 ratings

Buy

75%

Hold

25%

Sell

More TRMD News

TipRanks 5d

Hafnia Lifts Stake in TORM to 18.22%, Deepening Tanker Market Exposure

Hafnia ( (HAFN) ) has provided an announcement. Hafnia Limited has agreed to acquire 4,500,000 A shares in fellow tanker operator TORM plc at a price of USD 32...

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