TRMD

TORM plc Class A Common Stock (TRMD)

Stock · NASDAQ · Consumer Discretionary

$38.21as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 11, 2026

TORM plc Reports Board Change, Equity Offering, and Rising Tanker Rates. TORM plc announced a change to its board and a major shareholder disclosed a stake change. The company also completed a secondary public offering of its Class A shares and is considering a follow‑on equity issue. Tanker freight rates have risen to about $1.3 million per day, supporting the firm’s high dividend yield of 21.9 %.

Active signals

Support level
$28.72
Industry
Marine Transportation

What TRMD's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Bollinger Band Breakout29+0.6%52%
Volume Spike25+4.0%64%
Bollinger Band Breakdown16+2.3%75%
200-Day Moving Average TouchActive now6+6.3%67%
Any 20-session window (baseline)+3.0%60%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About TRMD

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom and internationally. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, diesel, naphtha, and gas oil, as well as dirty petroleum products, such as residual fuels and crude oil. The Marine Engineering segment engages in developing and…

Sector
Consumer Discretionary
Industry
Marine Transportation
Employees
588

Fundamentals

1-day range
$38.25$39.56
Market cap
$2.99B
P/E (trailing)
6.56
P/E (forward)
8.99
EPS (trailing)
$6.07
Dividend yield
21.85%
Beta
0.08
Avg. volume
1.37M
Ex-dividend date
September 10, 2026
Dividend pay date
September 24, 2026
52-week range
$122.65$285
Next earnings: November 4, 2026 · EPS estimate $1.60confirmed

Forecasts

2 analyst ratings

Buy 73%
Hold 18%
Sell 9%
1-year price forecast
High
$45
+17.8%
Median
$41.5
+8.6%
Low
$38
-0.5%

TORM plc Class A Common Stock Competitors

Chosen by industry and closest market cap.

  • TRMD
    TORM plc Class A Common Stock
    $38.2
    ▼ 1.27%
    Market cap $2.99BP/E 6.56
    $122.65$285
  • DHT
    DHT Holdings Inc.
    $23.6
    ▲ 0.73%
    Market cap $2.96BP/E 8.98
    $10.83$26.47
  • ZIM
    ZIM Integrated Shipping Services Ltd. Ordinary Shares
    $29.21
    ▼ 1.12%
    Market cap $3.18BP/E 26.91
    $12.33$30.96
  • SBLK
    Star Bulk Carriers Corp. Common Shares
    $27.79
    ▼ 0.68%
    Market cap $3.19BP/E 11.01
    $17.29$32.88
  • TNK
    Teekay Tankers Ltd.
    $96.82
    ▼ 0.22%
    Market cap $2.67BP/E 6.15
    $47.18$110.65
  • DAC
    Danaos Corporation Common Stock
    $158.17
    ▼ 0.35%
    Market cap $2.61BP/E 5.44
    $84.05$172.76
  • ECO
    Okeanis Eco Tankers Corp. Common Stock
    $89.7
    ▲ 0.58%
    Market cap $2.49BP/E 50.29
    $28.1$100.68

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
298.0K
Disposed
591.7K

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