Toro CorpTORO
TORO
About: Toro Corp acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products. It operates in three reportable segments: the Aframax tanker, the LPG carrier segment, and the Handysize tanker. The company generates maximum revenue from the Aframax tanker segment.
0
Funds holding %
of 6,815 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0.03% more ownership
Funds ownership: 1.25% [Q2] → 1.28% (+0.03%) [Q3]
5% less funds holding
Funds holding: 19 [Q2] → 18 (-1) [Q3]
8% less capital invested
Capital invested by funds: $921K [Q2] → $843K (-$77.6K) [Q3]
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Research analyst outlook
We haven’t received any recent analyst ratings for TORO.
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Toro Corp. Announces the Provision of a Senior Term Loan to Castor Maritime Inc. and the Increase of its Investment in Castor's Series D Preferred Shares
LIMASSOL, Cyprus, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces the agreement to provide a $100 million senior term loan facility to Castor Maritime Inc. (the “Term Loan”). The Term Loan is secured by 10 vessels wholly owned by Castor which are currently valued at approximately $235 million based on third party valuations, has a tenor of 5 years and bears interest at SOFR plus 1.80% per annum.
Neutral
GlobeNewsWire
4 months ago
Toro Corp. Announces Results of its 2024 Annual General Meeting of Shareholders
LIMASSOL, Cyprus, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that the Company's 2024 Annual General Meeting of Shareholders (the “Meeting”) was duly held on September 6, 2024, at 5:00 p.m., local time, at 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, 3036 Limassol, Cyprus.
Neutral
GlobeNewsWire
8 months ago
Toro Corp. Reports Net Income of $22.1 Million for the Three months Ended March 31, 2024
LIMASSOL, Cyprus, May 10, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), an international energy transportation services company, today announced its results for the three months ended March 31, 2024.
Neutral
GlobeNewsWire
10 months ago
Toro Corp. Announces Availability of its 2023 Annual Report on Form 20-F
LIMASSOL, Cyprus, March 13, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro” or the “Company”), an international energy transportation services company, announces that the Company's annual report on Form 20‐F (the “Annual Report”), which contains the Company's audited consolidated financial statements for the fiscal year ended December 31, 2023, was filed with the U.S. Securities and Exchange Commission (the “SEC”).
Neutral
GlobeNewsWire
11 months ago
Toro Corp. Reports Net Income of $28.2 Million for the Three Months Ended December 31, 2023 and $140.6 Million for the Year Ended December 31, 2023
LIMASSOL, Cyprus, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2023.
Neutral
GlobeNewsWire
11 months ago
Toro Corp. Announces the Completion of the Sale of the M/T Wonder Sirius
LIMASSOL, Cyprus, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that on January 24, 2024, it completed the previously announced sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million, by delivering the vessel to its new owner.
Neutral
GlobeNewsWire
1 year ago
Toro Corp. Announces the Sale of the M/T Wonder Sirius for $33.8 Million with an Expected Net Gain of $20.9 Million
LIMASSOL, Cyprus, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that on January 8, 2024, the Company entered into an agreement with an unaffiliated third-party for the sale of the M/T Wonder Sirius, a 2005-built Aframax/LR2 tanker, for a price of $33.8 million. The vessel is expected to be delivered to its new owner during the first quarter of 2024.
Neutral
GlobeNewsWire
1 year ago
Toro Corp. Announces the Completion of the Sale of the M/T Wonder Vega
LIMASSOL, Cyprus, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces that on December 21, 2023, the Company completed the previously announced sale of the M/T Wonder Vega, a 2005-built Aframax tanker, at a price of $31.5 million, by delivering the vessel to its new owner. The Company expects to record a net gain on the above-mentioned sale of approximately $17.7 million, excluding any transaction-related costs during the fourth quarter of 2023.
Positive
Market Watch
1 year ago
Toro's stock rises on stronger-than-expected profit
Toro Corp.'s stock TORO, +2.00% was up by 3.5% in premarket trading on Wednesday after the lawn mower company's fourth-quarter profit and revenue beat analyst estimates. The Toro said its fourth-quarter net income fell 40% to $70.3 million, or 67 cents a share, from $117.6 million, or $1.12 a share in the year-ago quarter.
Neutral
GlobeNewsWire
1 year ago
Toro Corp. Announces the Completion of the Sale of the M/T Wonder Formosa
LIMASSOL, Cyprus, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that on November 16, 2023, the Company completed the previously announced sale of the M/T Wonder Formosa, a 2006-built Handysize tanker, at a price of $18.0 million, by delivering the vessel to its new owner. The Company expects to record a net gain on the above-mentioned sale of approximately $9.0 million, excluding any transaction-related costs, during the fourth quarter of 2023.
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