Toro Corp. Common Stock Ex-distribution When Issued
TOROV
NASDAQ Capital Market1.65
USD
+0.22
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Toro Corp. Common Stock Ex-distribution When Issued
TOROV
(NASDAQ Capital Market)
Recent
price
1.65
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Toro Corp. (NASDAQ: TORO; TOROV) is a growth-oriented shipping company that acquires, owns, charters and operates oceangoing vessels to provide worldwide energy seaborne transportation services, primarily through its fleet of two MR tanker vessels and two LPG carrier vessels with an aggregate cargo carrying capacity of 111,232 dwt metric tons; the vessels transport crude oil, petroleum products and liquefied petroleum gas to customers globally. Incorporated under the laws of the Republic of the Marshall Islands in 2022 and headquartered at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, Limassol, Cyprus, Toro was established by Castor Maritime Inc. in connection with the March 2023 distribution of its tanker business to Castor's shareholders, with vessels managed by Castor Ships S.A. Recent developments include the September 2025 sale of the LPG carrier Dream Terrax, the full redemption of its 8.75% Series E Cumulative Perpetual Convertible Preferred Shares in agreement with Castor Maritime Inc., and the March 2025 announcement of a spin-off of its wholly owned subsidiary Robin Energy Ltd., establishing when-issued trading for TOROV and RBNEV shares on Nasdaq.