TORM

TRMD

Market cap $2.36B

TORM plc is upgraded to 'Buy' following Hafnia's 13D filing and acquisition interest. TRMD trades below its $24 NAV per share, presenting a 20% upside, and historically commands a premium. The company maintains strong operational performance, generous dividends, and a solid balance sheet with 25% leverage.

HELLERUP, Denmark, Jan. 6, 2026 /PRNewswire/ -- Reference is made to TORM plc's (NASDAQ: TRMD) (NASDAQ: TRMD A) company announcement dated 23 December 2025 regarding completion of Hafnia Limited's ("Hafnia") acquisition of shares in TORM plc from Oaktree Capital Management, L.P. and its affiliates ("Oaktree").

Top ten GASV stocks offer projected average net gains of 50.81% by December 2026, with yields ranging from 8.16% to 12.74%. Seventeen of thirty 'safer' lowest-priced GASV stocks are currently fair-priced and ideal for dividend-focused investors seeking value. Analyst targets suggest the five lowest-priced, highest-yield GASV stocks could deliver 21.77% higher gains than the broader top ten group.

HELLERUP, Denmark , Dec. 23, 2025 /PRNewswire/ -- With reference to TORM plc's (NASDAQ: TRMD) (NASDAQ: TRMD A) company announcements dated 03 and 09 September 2025 regarding Hafnia Limited's ("Hafnia") potential acquisition of shares in TORM plc from Oaktree Capital Management, L.P. and its affiliates ("Oaktree"), TORM plc has been informed by Oaktree that this acquisition was completed on 22 December 2025.

INSIDE INFORMATION HELLERUP, Denmark , Dec. 16, 2025 /PRNewswire/ -- TORM plc (Nasdaq: TRMD or TRMD A) is pleased to announce that the Board of Directors has appointed Simon Mackenzie Smith as the new Chair of the Board, succeeding Chris Boehringer. The appointment follows a planned process and reflects the Board's strong focus on ensuring continuity and long-term value creation for TORM and our shareholders.

The December Dividend Power list identifies 35 high-yield stocks, with 14 offering 'safer' dividends backed by free cash flow yields exceeding dividend yields. Top actionable picks include Annaly Capital, Barings BDC, Noah Holdings, Blue Owl Capital, and SLR Investment, all meeting the dogcatcher ideal for safety and value. Analyst projections estimate average net gains of 38.75% for the top ten Dividend Power stocks by December 2026, with risk profiles generally below market average.

Torm PLC (TRMD) continues to outperform, delivering 28% YTD gains and beating both XLE and SPY. Q3 results featured a revenue beat, higher TCE rates, lower opex, and a robust 11.7% forward dividend yield. I raise my price target to $24, reflecting normalized $3 EPS and an 8x P/E multiple, with technicals signaling further upside.

Many investors believe further interest rate cuts in December are guaranteed.

TORM is operating in a mid-cycle rate environment, and the risk/reward skews unfavorably as future earnings face more downward pressure from incoming fleet supply than upward pressure from demand. Red Sea rerouting and global refinery disruptions provide real demand support, but these tailwinds appear largely priced in and may prove temporary relative to the multiyear order book headwind. Current valuation implies an expected return of ~10%, which sits below a reasonable hurdle rate for a highly cyclical, high-volatility shipping business.

Top ten large-cap value 'GASV dogs' offer projected average net gains of 46.31% by November 2026, with yields from 8.09% to 11.74%. Seventeen of twenty-seven 'safer' lowest-priced GASV stocks are currently buyable, meeting strict dividend and price criteria for fair value. Analyst targets suggest the five lowest-priced, highest-yield GASV stocks could deliver 6.86% higher gains than the top ten as a group.