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Toro Corp

TORO

Market cap $214M

6.20 USD

-0.22

3.43%

At close Updated Sep 16, 4:00 PM EDT

1 day

-3.43%

5 days

-5.92%

1 month

10.32%

3 months

22.53%

6 months

68.48%

Year to date

15.24%

1 year

103.28%

5 years

-46.09%

10 years

-46.09%

About: Toro Corp is engaged in the acquisition, ownership, chartering, and operation of oceangoing tanker and LPG carrier vessels, providing seaborne transportation services for crude oil, refined petroleum products, and liquefied petroleum gas. The company operates through three segments: the Eco tanker segment, the Non-Eco tanker segment, and the LPG carrier segment. It generates the majority of its revenue from the LPG carrier segment.

Energy Oil & Gas Midstream

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 33.3%

Neutral 50%

Negative 16.7%

Toro Corp. Announces Results of its 2026 Annual General Meeting of Shareholders

LIMASSOL, Cyprus, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) a global energy transportation services provider, announced today that the Company's 2026 Annual General Meeting of Shareholders (the "Meeting") was duly held on September 11, 2026, at 5:00 p.m.

Toro Corp. Announces Results of its 2026 Annual General Meeting of Shareholders

Toro: End Market Strength, Innovation-Led Growth, And Margin Expansion Support Buy Rating

The Toro Company is rated a Buy, supported by strong Professional segment growth, innovation-driven market share gains, and margin improvement levers. TTC's Professional segment, now 81% of sales, benefits from multi-year growth in underground construction, golf, and landscape contractor markets. AMP program savings and Residential margin recovery are driving margin expansion, with further improvements expected into FY27.

Toro: End Market Strength, Innovation-Led Growth, And Margin Expansion Support Buy Rating

Toro Corp. Announces Proposed Spin-Off of its LPG Carrier Business

LIMASSOL, Cyprus, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro,” or the “Company”), a global energy transportation services provider, announces that it intends to effect a spin-off of its LPG carrier business.

Toro Corp. Announces Proposed Spin-Off of its LPG Carrier Business

Toro: Revenue And EPS Beat, But The Story Is Messier

The Toro Company delivered a solid Q3 2026, beating revenue and EPS expectations, yet shares dropped nearly 7% on earnings-quality concerns. TTC raised full-year sales and EPS guidance, citing strong demand, AMP program outperformance, and robust residential margin expansion. Professional segment growth was driven by acquisitions and demand, but margin contraction and ongoing input cost pressures remain key risks.

Toro: Revenue And EPS Beat, But The Story Is Messier

Toro Corp. Announces the Date of its 2026 Annual General Meeting of Shareholders

LIMASSOL, Cyprus, July 20, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation services provider, announced today that its Board of Directors (the ”Board”) has scheduled the Company's 2026 Annual General Meeting of Shareholders (the ”Meeting”) to be held on September 11, 2026, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus. The Board has fixed a record date of July 17, 2026 (the ”Record Date”) for the determination of the shareholders entitled to receive notice of and to vote at the Meeting or any adjournment thereof.

Toro Corp. Announces the Date of its 2026 Annual General Meeting of Shareholders

Castor's Discount Could Become Toro's Upside

Toro Corp. offers a compelling risk-reward profile, supported by strong shareholder alignment, the CEO's 74.2% stake, and substantial cash reserves. The CEO's decision to receive the special dividends in shares, alongside its insider purchases, strengthens shareholder alignment and signals confidence in further value creation. TORO's core shipping business is stable but secondary to the value embedded in its preferred stake in Castor Maritime, which could unlock significant upside.

Castor's Discount Could Become Toro's Upside

Toro Corp. Announces Shareholder Election Results and Payment of Special Dividend

LIMASSOL, Cyprus, June 05, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), a global energy transportation provider today announces the results of shareholder elections relating to its special dividend declared by its Board of Directors on April 22, 2026. The dividend of $0.90 per common share consists of either cash or the Company's common shares and was paid on June 5, 2026, to shareholders of record as of May 4, 2026.

Toro Corp. Announces Shareholder Election Results and Payment of Special Dividend

Toro Corp. Reports Net Income of $0.5 Million for the Three Months Ended March 31, 2026

LIMASSOL, Cyprus, May 28, 2026 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), a global energy transportation provider, today announced its results for the three months ended March 31, 2026. Highlights of the First Quarter Ended March 31, 2026: Total vessel revenues from continuing operations: $6.0 million, as compared to $5.5 million for the three months ended March 31, 2025, or a 9.1% increase; Net income from continuing operations: $0.5 million, as compared to $1.5 million for the three months ended March 31, 2025, or a 66.7% decrease; Net income: $0.5 million, as compared to $1.6 million for the three months ended March 31, 2025, or a 68.8% decrease; (Loss)/Earnings per common share, basic, from continuing operations: $(0.023) per share, as compared to $0.019 per share for the three months ended March 31, 2025; EBITDA (1) from continuing operations: $1.3 million, as compared to $1.0 million for the three months ended March 31, 2025; Cash of $81.6 million as of March 31, 2026, as compared to $87.4 million as of December 31, 2025; On December 5, 2025, we declared a special dividend of $1.75 per common share, consisting of either cash or our common shares.

Toro Corp. Reports Net Income of $0.5 Million for the Three Months Ended March 31, 2026

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Toro Corp.: Downgrading On Valuation After Epic Momentum Rally

Another special dividend announcement ignited a major momentum rally in junior tanker operator Toro Corp.'s common shares. The $0.90 special dividend is payable to shareholders of record on May 4, 2026, and is expected to be paid on June 5, 2026. With the majority of outside shareholders likely to elect cash payment, CEO Petros Panagiotidis' 64.1% stake would increase even further.

Toro Corp.: Downgrading On Valuation After Epic Momentum Rally

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