TORO · NASDAQ · Marine Shipping

Toro (TORO)

Operates MR tankers and LPG carriers for worldwide energy transportation.

$5.90
vs last close0.00 (0.00%)
Loading prices…

Toro Corp.TORO
Industrials

Owns and charters MR tankers and LPG carriers for worldwide energy seaborne transportation. Formed from Castor Maritime’s tanker business, the company relies on Castor Ships S.A. for commercial and technical vessel management.

Owns, charters and operates oceangoing vessels for worldwide energy seaborne transportation. Its current profile describes a mixed fleet of MR tankers and LPG carriers, with chartering central to the operating model. Oceangoing operations connect the fleet to international energy transport.

Created from Castor Maritime’s tanker business, the company began Nasdaq trading in 2023 and later separated its Handysize tanker segment into Robin Energy. The business is built around vessel ownership and chartering rather than in-house ship management. Castor Ships S.A. manages commercial and technical vessel activities under a master management arrangement, making external vessel management a structural dependency.

Company facts

CEOPetros Panagiotidis
ListedMar 7, 2023
ExchangeNASDAQ
HeadquartersLimassol, Cyprus
CountryCyprus
CIK0001941131
ISINMHY8900D1085

Market cap$203.9M
EPS (ttm)$0.0931
P/E (ttm)63.37
ROE1.6%
P/B0.6380
P/S9.48
Dividend yieldDiv yield
Beta1.65vs XLI −0.73

No analyst consensus on record.

Next report
Oct 1, 26
estimated · in 9 days
EPS estimate
Revenue estimate
Fiscal quarter
Q2 FY26

EPSReportedEstimate

Nov '24Mar '25Apr '25Oct '25Dec '25Feb '26May '26Oct '26
Reported−$0.01$0.16−$0.01$0.02$0.01$0.04−$0.02Pending
Estimate
Surprise

RevenueReportedEstimate

Nov '24Mar '25Apr '25Oct '25Dec '25Feb '26May '26Oct '26
Reported$5.3M$5.2M$5.5M$4.1M$6.3M$6.1M$6.0MPending
Estimate
Surprise
Estimate
ReportedDue Oct 1, 2026
Estimate
ReportedDue Oct 1, 2026
View details

Debt to equity0.00%
Current ratio2,223.50%

ProfitabilityRevenueNet incomeNet margin

Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26
Revenue$5.4M$5.3M$5.2M$5.5M$4.1M$5.4M$6.1M$6.0M
Net income$1.1M$975.3K$978.0K$1.6M$1.4M$1.3M$1.6M$527.0K
Net margin20.8%18.3%18.7%28.6%35.2%23.9%26.8%8.8%

GrowthOperating income

Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26
Operating income−$1.5M−$2.0M−$1.7M−$1.6M−$1.2M−$943.5K−$945.3K−$1.5M
YoY growthTurned lossLoss widenedTurned lossLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Mar 31, 2026Cash & short-term investments $81.6M · Total debt $0 · Total assets $323.6M · Shareholders' equity $319.6M

Revenue
$6.0M
Operating income
−$1.5M
Net income
$527.0K
View details

Dividend yield
Next ex-date
Annual dividend
Schedule
View details

Institutions2.10%727.3K ADS
33 holders · as of Jun 30, 2026
Other97.90%33.83M ADS
remainder

34.56M ADS as of Sep 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count is from the company's Dec 2023 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Renaissance Technologies LLCInstitution
0.56%194,200 ADSas of Jun 30, 2026
Jane Street Group, LLCInstitution
0.55%190,538 ADSas of Jun 30, 2026
Almitas Capital LLCInstitution
0.29%100,000 ADSas of Jun 30, 2026
Two Sigma Investments, LPInstitution
0.15%52,250 ADSas of Jun 30, 2026
Marshall Wace, LLPInstitution
0.14%48,832 ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Apr 22, 2026Petros Panagiotis Panagiotidisdirector, officer: Chief Executive Officer+1,982,728$6.08
Apr 23, 2026Petros Panagiotis Panagiotidisdirector, officer: Chief Executive Officer+265,836$6.52
Apr 24, 2026Petros Panagiotis Panagiotidisdirector, officer: Chief Executive Officer+67,407$6.79
View details

  • Scorpio Tankers

    Large MR product-tanker operator in global refined-products shipping

  • Hafnia

    Large product-tanker operator with a substantial MR fleet

  • BW LPG

    Large dual-listed VLGC owner/operator serving global LPG shipping

  • Dorian LPG

    Modern VLGC operator serving global LPG transport

  • Ardmore Shipping

    MR product/chemical-tanker owner serving worldwide cargo trades

  • StealthGas

    Small- and midsize-LPG-carrier operator serving global gas trade

Compare

CompanyPriceChange
Toro$5.900.00%$203.9M63.49.5+7.7%
Scorpio Tankers$83.02−3.70%$4.32B5.411.33.6+70.2%
Hafnia$9.31−4.17%$4.85B7.67.81.8−32.7%
BW LPG$24.54−2.97%$3.84B8.76.71.1+79.7%
Dorian LPG$54.20−4.31%$2.42B7.57.84.2+123.1%
Ardmore Shipping$18.02−3.15%$758.9M7.28.72.1+61.3%
StealthGas$9.11−2.89%$348.8M5.86.02.1−9.2%
Median7.37.82.1+65.7%