Toro Corp.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Petros Panagiotidis
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- 223 Christodoulou Chatzipavlou Street Limassol LI Cyprus 3036
- IPO Date
- Mar 3, 2023
- CIK
- 0001941131
- Website
- torocorp.com
- Similar Companies
- Business
- Toro Corp. (NASDAQ: TORO) is a growth-oriented shipping company that acquires, owns, charters and operates oceangoing vessels and provides worldwide energy seaborne transportation services with a focus on crude oil, petroleum products and liquefied petroleum gas (LPG); its fleet consists of two medium-range (MR) tanker vessels and two LPG carrier vessels with an aggregate cargo carrying capacity of 111,232 deadweight tons (dwt), all built by first-class shipyards; the company operates through Handysize Tanker and LPG Carrier segments and serves customers globally. Established in March 2023 by Castor Maritime Inc. (NASDAQ: CTRM) through the distribution of its tanker business to shareholders, Toro Corp. is incorporated in the Republic of the Marshall Islands with administrative offices in Limassol, Cyprus, and its vessels are managed by Castor Ships S.A. The company targets energy transportation markets, emphasizing fleet expansion through timely acquisitions while maintaining a solid balance sheet and cash flows. Recent developments include the announcement in June 2025 of a $36.25 million acquisition of a 2021-built MR tanker vessel, expanding the fleet to five vessels and diversifying beyond LPG carriers; the sale of the LPG carrier Dream Terrax in September 2025; full redemption of its 8.75% Series E Cumulative Perpetual Convertible Preferred Shares in agreement with Castor Maritime Inc. in October 2025; and reporting net income of $1.4 million for the three months ended June 30, 2025, with $3.0 million for the six-month period.
Toro Corp. Announces the Date of its 2026 Annual General Meeting of Shareholders
Castor's Discount Could Become Toro's Upside
First Majestic Closes Deal to Sell Its Del Toro Mine to Sierra Madre
The Toro Company Publishes 2025 Global Sustainability Impact Report
Toro Corp. Announces Shareholder Election Results and Payment of Special Dividend
The Toro Company: A Great Showing, But Not Cheap Enough To Hop On Board
The Toro Company (TTC) Q2 2026 Earnings Call Transcript
Toro Q2 Earnings Call Highlights
Toro (TTC) Surpasses Q2 Earnings and Revenue Estimates
The Toro Company Reports Strong Second-Quarter Results Driven by Broad-Based Customer Demand and Margin Improvement
Toro Corp. Reports Net Income of $0.5 Million for the Three Months Ended March 31, 2026
Sierra Madre Receives Mexican Antitrust Approval for the Acquisition of the Del Toro Mine
The Toro Company to Announce Fiscal 2026 Second Quarter Results
The Toro Company Declares Regular Quarterly Cash Dividend
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Sierra Madre Announces Shareholder Approval of Acquisition of Del Toro Silver Mine
Toro Corp.: Downgrading On Valuation After Epic Momentum Rally
Toro Corp. Declares Special Dividend of $0.90 Per Share
Toro Corp. Announces Availability of its 2025 Annual Report on Form 20-F
Contrasting Toro (NASDAQ:TORO) & Martin Midstream Partners (NASDAQ:MMLP)