TORM plc (NASDAQ: TRMD) has raised its full-year 2026 financial guidance, projecting higher TCE and EBITDA due to strong market conditions and improved earnings visibility. The company will release its third quarter results on November 4, 2026.

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive programPR NewswireHELLERUP, Denmark, Oct. 7, 2026HEL

TORM is a top operator in product tankers, but current pricing reflects already profitable freight rates, limiting near-term upside. I rate TRMD as HOLD, with a 12–18 month price target of $36.17, just 5.4% above current levels; entry is attractive below $30. Q3 contracted rates are 34.9% below Q2, signaling normalization; dividends and profits will likely decline from recent highs.

Torm PLC - Major Shareholder AnnouncementPR NewswireHELLERUP, Denmark, Sept. 28, 2026HELLERUP, Denmark, Sept. 28, 2026 /PRNewswire/ -- Pursuant to section 30 of

Torm Plc (NASDAQ: TRMD - Get Free Report) CFO Kim Balle sold 15,000 shares of Torm stock in a transaction on Monday, September 21st. The stock was sold at an average price of $39.08, for a total transaction of $586,200.00. Following the sale, the chief financial officer directly owned 8,043 shares in the company, valued at