Insider buying last 90 days
No open-market insider purchases were filed for TRMD in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every TRMD insider filing, plotted on the chart in Gekko.Open TRMD in Gekko
NASDAQ: TRMD
TORM (TRMD) Stock Analysis & Forecast
Oct 12 close
$40.92+0.98 (+2.5%)
Gekko Brief
AI summaryOct 12 closeTORM's week was driven by a sharp upgrade to its 2026 earnings outlook, with full-year Time Charter Equivalent guidance raised to $1.7–$1.9 billion from $1.4–$1.6 billion, citing continued market strength expected through the fourth quarter. Alongside this, the board saw a change as Christopher Boehringer stepped down following Oaktree Capital Management's divestment of its stake, and OCM Njord Holdings closed a secondary offering of 6,329,874 Class A shares to J.P. Morgan Securities LLC, with no proceeds to the company and the selling shareholder exiting its position entirely.
The stock closed at $40.92, up 2.5%, sitting well above both its 50-day average of $34.00 and 200-day average of $29.35, with the 50-day above the 200-day. The GekkoIndex reads 45, placing TRMD in the Neutral zone, up 3 points over the past five readings. Despite the one-year return of 99.5% and three-month return of 39%, the price remains 27.5% below Gekko Fair Value of $56.46.
Earnings are scheduled for 4 November 2026, 23 days away, falling inside a typical 20-trading-day holding window and following a last reaction of 1% to an EPS result of $3.25 versus a $3.31 estimate. No insider, Congress, or unusual options activity appears in their respective 90-day and 30-day windows. Seasonality from this point in the calendar has averaged a 20-day return of 11.9% across 5 years, rising in 4 of them, a pattern worth noting given the proximity of the next earnings date.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
TORM price vs fair value
Close $40.92200-day averageGekko Fair Value $56.46
TORM quick facts
- Market cap
- $4.19B
- P/E ratio
- 6.6
- Forward P/E
- 12.2
- EPS, TTM
- $6.05
- Revenue, TTM
- $1.76B
- Profit margin
- 35.5%
- Dividend yield
- 11.00%
- Beta
- -0.02
- Volume
- 2.08M avg 2.61M
- 1-year return
- +99.5%
- Typical daily move
- ±3.8%
- Typical 20-day move
- ±8.4%
- 50-day average
- $34.00
- 200-day average
- $29.35
- Next earnings
- Nov 4 before open
- Shares outstanding
- 102.7M
TORM swing-trade checklist
TORM scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $40.92 is above the 50-day ($34.00) and 200-day ($29.35) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexmixed
45, Neutral
Reading 45 is in the Neutral zone.
See the GekkoIndex - Fair valuesupportive
27.5% below
Price is 27.5% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 23 days
Reports on Nov 4, 2026, 23 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+11.9% on average
From this point in the calendar, the next 20 trading days averaged +11.9% over 5 years, rising in 4 of them.
See seasonality
A description of current data, not a recommendation. How this page works
TORM stock chart and price history
TORM closed at $40.92 on Oct 12, 2026, +99.5% over the past year, inside a 52-week range of $19.30 to $41.75.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +16.6%
- 3 months
- +39.0%
- 6 months
- +34.8%
- 1 year
- +99.5%
The full TRMD chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open TRMD in Gekko
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About TORM
TORM is a product tanker company that carries refined petroleum products by sea, including gasoline, jet fuel and naphtha, along with crude oil. The company moves these cargoes for customers around the world and is recognized for operating in the marine transportation of such fuels rather than refining or trading them itself.
The company runs its business around a fleet of vessels used to carry out this seaborne transport, with roughly 85 ships in operation as of March 23, 2022. Its work centers on moving refined fuel products and crude oil across global shipping routes for parties that need these cargoes transported from one point to another.
TORM traces its origins back to 1889 and keeps its head office in London, United Kingdom. Its shares trade on the NASDAQ under the ticker TRMD.
- Listed
- NASDAQ
- Sector
- Transportation
- Industry
- Marine shipping
- Website
- torm.com
TORM GekkoIndex: the smart money zone
TORM’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 45, in the Neutral zone, up 3 points over five sessions.
45Neutral
Up 3 points over five sessions, from the Distribution zone.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 56 | −1.8% | −7.0% | ||
| Accumulation | 195 | +0.8% | +1.9% | ||
| Neutral (current zone) | 372 | +0.4% | +1.7% | ||
| Distribution | 50 | −0.6% | −0.3% | ||
| Selling | 9 | Too few readings yet | |||
Average TRMD share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the TRMD price, zone by zone.Track TRMD in Gekko
Is TORM stock overvalued? Gekko Fair Value
TORM trades 27.5% below Gekko Fair Value of $56.46, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what TORM shares are worth, recalculated every trading day.
$56.46
Gekko Fair Value, Oct 10, 2026
27.5% Undervalued
At the end of Aug 2026 the price was 3.6% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open TRMD in Gekko
TORM insider and Congress trading
No open-market insider purchases were filed for TORM, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in TRMD were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for TRMD, plotted on the chart in Gekko.Open TRMD in Gekko
Buybacks
TORM has been buying back its own shares.
- Bought back, quarter ended Dec 31, 2022
- $1.33M
- As a share of market cap
- 0.03%
From company filings.
Hedge funds and billionaires quarter ended Dec 31
0of the funds Gekko tracks hold TRMD.
0added0opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko
TORM earnings: next date and track record
TORM reports on Nov 4, 2026, before the open (23 days away), and beat the EPS estimate in 3 of its last 8 reports.
Next earnings report
Nov 4, 2026
Expected before the open, 23 days away
- EPS estimate
- $1.54
- Revenue estimate
- $330.5M
3 of 8reports beat the EPS estimate
±5.4%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 26, 2026 AI summary
- What they said
- TORM reported a record Q2 2026 with TCE earnings of $512 million, more than doubling year-over-year, driven by Strait of Hormuz disruptions boosting freight rates. EBITDA reached $416 million and net profit hit $338 million. The board approved a $2.40/share interim dividend totaling $246 million. Fleet stands at 97 vessels with newbuilding deliveries planned 2027-2029. Since 2023, TORM has distributed $1.5 billion to shareholders.
- Guidance
- TORM raised full-year guidance, now expecting record annual TCE earnings surpassing all previous years. Management cited strong contract coverage and continued geopolitical disruptions supporting product tanker markets into H2 2026.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 26, 2026 | $3.25 est $3.31 | $512.0M est $499.0M | +1.0% |
| May 13, 2026 | $1.18 est $1.33 | $286.0M est $297.4M | −8.7% |
| Feb 26, 2026 | $0.87 est $0.83 | $251.0M est $236.2M | +8.6% |
| Nov 6, 2025 | $0.77 est $0.82 | $343.1M est $273.0M | +6.6% |
| Aug 14, 2025 | $0.58 est $0.57 | $315.2M est $207.6M | +4.9% |
| May 8, 2025 | $0.62 est $0.64 | $329.1M est $211.2M | −0.1% |
| Mar 6, 2025 | $0.75 est $0.81 | $305.4M est $220.6M | +9.9% |
| Nov 7, 2024 | $1.35 est $1.22 | $372.1M est $280.6M | −3.2% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
TORM stock forecast and analyst price targets
Analysts’ average 12-month price target for TORM is $41.50, +1.4% from the last close.
$41.50consensus 12-month target, +1.4% from the last close
+1.7%average 20-day move after past Neutral readings
+11.9%average move over the next 20 trading days in the last 5 years
±3.8%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
TORM seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, TORM averaged +11.9% across the last 5 years, rising in 4 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +7.3% | 4 of 5 |
| Next 10 trading days | +7.1% | 4 of 5 |
| Next 15 trading days | +8.0% | 4 of 5 |
| Next 20 trading days | +11.9% | 4 of 5 |
| Next 30 trading days | +7.6% | 3 of 5 |
For scale, TRMD’s typical 20-trading-day move in either direction is about 8.4%.
TORM market cap and key statistics
TORM’s market cap is $4.19B, with a P/E ratio of 6.6 and revenue of $1.76B over the last twelve months.
Valuation
- Market cap
- $4.19B
- P/E ratio
- 6.6
- Forward P/E
- 12.2
- EPS, TTM
- $6.05
- Gekko Fair Value
- $56.46
Trading
- Volume
- 2.08M
- Avg volume, 20 days
- 2.61M
- 52-week high
- $41.75
- 52-week low
- $19.30
- Shares outstanding
- 102.7M
Financials
- Revenue, TTM
- $1.76B
- Profit margin
- 35.5%
- Return on equity
- 26.8%
- Quarterly earnings growth, YoY
- +460.3%
Risk and income
- Beta
- -0.02
- Typical daily move
- ±3.8%
- Typical 20-day move
- ±8.4%
- Dividend yield
- 11.00%
TORM stock news this week
Coverage of TORM this week reads neutral: 4 positive, 17 neutral and 0 negative headlines.
- TORM Raises 2026 Earnings Guidance to $1.9 Billion TCEgrafa.com, Oct 12
- TORM plc Upgrades Full-Year GuidancePRNewsWire, Oct 12
- TORM plc Boosts Share Capital After RSU ExerciseThe Globe and Mail, Oct 9
- TORM plc Announces Change to the BoardYahoo Finance, Oct 9
- Stock grant exercises lift TORM (TRMD) to 102,711,882 A-shares.Stock Titan, Oct 8
- No proceeds go to TORM (TRMD) as J.P. Morgan Securities LLC receives a shareholder’s shares.Stock Titan, Oct 8
TORM peers
TORM’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| FROFrontline | Distribution | 23.3% above |
| KEXKirby | Neutral | 30.2% below |
| MATXMatson | Neutral | 9.6% above |
| INSWInternational Seaways | Distribution | 4.1% below |
| CMBTCMB.TECH | Neutral | 9.0% above |
| HAFNHafnia | Distribution | 29.2% below |
A peer links to its own page where one exists.
TORM stock FAQ
What is TORM’s market cap?
TORM’s market cap is $4.19B at the Oct 12, 2026 close of $40.92, with 102.7M shares outstanding. The shares trade on a P/E ratio of 6.6.
What is the TORM stock forecast?
The consensus analyst 12-month price target for TORM is $41.50, +1.4% from the last close. Gekko doesn’t publish price predictions of its own.
Is TORM stock overvalued or undervalued?
On Gekko’s estimate TORM is undervalued: the Oct 12, 2026 close of $40.92 is 27.5% below Gekko Fair Value of $56.46. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does TORM report earnings next?
TORM is expected to report on Nov 4, 2026, before the market opens (23 days away). Analysts expect earnings of $1.54 per share on revenue of $330.5M. TORM beat the earnings estimate in 3 of its last 8 reports, moving 5.4% on average across the report.
What is TORM’s 52-week high and low?
TORM’s 52-week high is $41.75 and its 52-week low is $19.30; it closed at $40.92 on Oct 12, 2026, +99.5% over the past year.
Is TORM stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, fair value and seasonality), 1 as mixed (gekkoindex) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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