Torm (NASDAQ:TRMD – Get Free Report) is expected to release its Q1 2026 results before the market opens on Wednesday, May 13th. Analysts expect Torm to post earnings of $1.33 per share and revenue of $297.4060 million for the quarter. Interested persons can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 7:00 AM ET.
Torm (NASDAQ:TRMD – Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.04. Torm had a return on equity of 13.26% and a net margin of 21.29%.The firm had revenue of $352.60 million for the quarter, compared to the consensus estimate of $236.21 million.
Torm Price Performance
Torm stock opened at $34.87 on Wednesday. The firm has a market capitalization of $3.56 billion, a P/E ratio of 12.28 and a beta of 0.14. Torm has a one year low of $15.79 and a one year high of $34.88. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.33 and a quick ratio of 1.16. The business has a fifty day moving average price of $28.90 and a 200-day moving average price of $24.55.
Torm Increases Dividend
Analysts Set New Price Targets
A number of research firms have weighed in on TRMD. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Torm in a report on Friday, April 17th. Wall Street Zen raised shares of Torm from a “hold” rating to a “buy” rating in a report on Sunday, April 12th. Finally, Evercore set a $35.00 price objective on shares of Torm in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.00.
View Our Latest Report on TRMD
Institutional Investors Weigh In On Torm
Large investors have recently added to or reduced their stakes in the business. Quarry LP purchased a new position in Torm during the third quarter worth about $35,000. Tower Research Capital LLC TRC purchased a new stake in shares of Torm in the 2nd quarter valued at about $46,000. Wexford Capital LP bought a new stake in shares of Torm during the 3rd quarter valued at about $120,000. Virtus Advisers LLC boosted its position in shares of Torm by 356.4% during the 4th quarter. Virtus Advisers LLC now owns 9,858 shares of the company’s stock valued at $193,000 after acquiring an additional 7,698 shares during the last quarter. Finally, PharVision Advisers LLC purchased a new position in shares of Torm during the third quarter worth about $214,000. Institutional investors own 73.89% of the company’s stock.
Torm Company Profile
Torm A/S (NASDAQ: TRMD) is an international shipping company specializing in the transportation of refined petroleum products. The firm owns and operates a modern fleet of product tankers, including both Handysize and MR vessels, which are designed to carry a broad range of clean petroleum cargoes such as gasoline, jet fuel and diesel. Torm’s core business revolves around voyage and time-charter contracts with major oil companies, trading houses and other energy sector clients around the world.
The company’s fleet is deployed on global trade routes, with particular focus on major refining and consumption regions in Europe, North America and Asia.
See Also
Receive News & Ratings for Torm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torm and related companies with MarketBeat.com's FREE daily email newsletter.
