Toro (TORO)

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The Toro Company Names Heather M. Hille Vice President of Corporate Affairs and Investor Relations

Businesswire· 2025-10-08 16:00
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Names Heather Hille Vice President of Corporate Affairs and Investor Relations. ...
The Toro Company Names Grant M. Young Group Vice President of Golf, Grounds and Irrigation

Businesswire· 2025-10-07 20:35
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company Names Grant Young Group Vice President of Golf, Grounds and Irrigation. ...
Tornado Infrastructure Equipment to Be Acquired by the Toro Company
Accessnewswire· 2025-10-06 12:20
CALGARY, AB / ACCESS Newswire / October 6, 2025 / Tornado Infrastructure Equipment Ltd. ("Tornado" or the "Company") (TSX-V:TGH)(OTCQX:TGHLF) is pleased to announce that it has entered into a definitive agreement (the "Arrangement Agreement") with The Toro Company whereby a subsidiary of The Toro Company (the "Purchaser") will acquire all of the outstanding Class "A" common shares ("Shares") of the Company in an all cash transaction (the "Transaction") for CAD $1.92 per Share (the "Purchase Price"). ...
Toro Corp.: Buy On Inherent Value And Potential Near-Term Catalysts (Rating Upgrade)
Seeking Alpha· 2025-10-06 02:22
Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in navigating significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2] - The individual has a background in auditing with PricewaterhouseCoopers before transitioning to day trading [2]
Toro Corp. Reports Net Income of $1.4 Million for the Three Months Ended June 30, 2025 and $3.0 Million for the Six Months Ended June 30, 2025
Globenewswire· 2025-10-01 13:00
LIMASSOL, Cyprus, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro” or the “Company”) a global energy transportation provider, today announced its results for the three months and the six months ended June 30, 2025. Highlights of the Second Quarter Ended June 30, 2025: Total vessel revenues from continuing operations: $4.1 million, as compared to $5.4 million for the three months ended June 30, 2024, or a 24.1% decrease; Net income from continuing operations: $1.4 million, as compared to ...
The Toro Company Declares Regular Quarterly Cash Dividend

Businesswire· 2025-09-23 20:35
Core Viewpoint - The Toro Company has declared a regular quarterly cash dividend, indicating a commitment to returning value to shareholders through consistent dividend payments [1] Company Summary - The dividend amount declared is $0.10 per share, which reflects the company's ongoing financial health and stability [1] - This dividend will be payable on July 12, 2023, to shareholders of record as of June 28, 2023, demonstrating the company's adherence to a regular dividend schedule [1] Industry Context - The announcement of a cash dividend is a positive signal in the investment community, often viewed as a sign of a company's strong performance and confidence in future earnings [1]
Toro Corp. Announces the Sale of the LPG Carrier Dream Terrax
Globenewswire· 2025-09-16 13:15
Core Viewpoint - Toro Corp. has announced the sale of the Dream Terrax LPG Carrier vessel for $20 million to a subsidiary of Robin Energy Ltd., which is controlled by Toro's Chairman and CEO [1][2]. Group 1: Transaction Details - The transaction was approved by independent members of the Boards of Toro and Robin, following recommendations from special committees [2]. - The Dream Terrax, a 2020-built 5,000 cbm LPG Carrier, is expected to be delivered in 2025, pending customary closing conditions [1][2]. Group 2: Company Overview - Toro Corp. is a global energy transportation services provider with a modern fleet, which will consist of two LPG carriers and one MR tanker after the sale [3]. - The company is incorporated in the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [3].
Toro Corp. Announces Results of its 2025 Annual General Meeting of Shareholders
Globenewswire· 2025-09-15 13:00
Core Points - Toro Corp. held its 2025 Annual General Meeting of Shareholders on September 12, 2025, in Limassol, Cyprus [1] - The meeting resulted in the re-election of Mr. Angelos Rounick Platanias as Class B Director until the 2028 Annual General Meeting [3] - Deloitte Certified Public Accountants S.A. was appointed as the independent auditors for the fiscal year of 2025 [3] Company Overview - Toro Corp. is a global energy transportation services provider with a modern fleet of oceangoing vessels [2] - The company owns three LPG carriers and one MR tanker vessel, which transport petrochemical gases and refined petroleum products worldwide [2]
Why Toro Stock Isn't Breaking Out Anytime Soon
Benzinga· 2025-09-10 15:20
Core Insights - Toro stock (TTC) is currently in Phase 18, the final stage of its 18-phase Adhishthana Cycle, and has been in a consolidation range for over 700 days, with this trend expected to persist through August 2026 [1][5]. Guna Triads Analysis - The Guna Triads, consisting of Phases 14, 15, and 16, are critical for determining whether Toro can achieve Nirvana in Phase 18. For Nirvana to be reached, these triads must exhibit Satoguna, indicating a sustainable bullish structure [2][4]. - Toro has shown no signs of bullishness during Phases 14 to 16, leading to structural weakness that prevents the stock from attempting to reach Nirvana in its current Phase 18 [4]. Investor Outlook - Given the weak Guna Triads, Toro is expected to remain range-bound until August 2026, when Phase 18 concludes. Traders may consider using range-bound credit spreads, although limited options liquidity may pose challenges [5]. - Long-term investors are advised to avoid Toro until the next Adhishthana cycle begins, which may present new investment opportunities [5].
Toro (TTC) Tops Q3 Earnings Estimates
ZACKS· 2025-09-04 14:41
Core Viewpoint - Toro (TTC) reported quarterly earnings of $1.24 per share, exceeding the Zacks Consensus Estimate of $1.22 per share, and showing an increase from $1.18 per share a year ago, representing an earnings surprise of +1.64% [1] - The company posted revenues of $1.13 billion for the quarter ended July 2025, which was below the Zacks Consensus Estimate by 2.02% and a decrease from $1.16 billion year-over-year [2] Group 1: Earnings Performance - Toro has surpassed consensus EPS estimates three times over the last four quarters [2] - The earnings surprise for the previous quarter was +2.9%, with actual earnings of $1.42 per share against an expected $1.38 [1][2] Group 2: Revenue Performance - The company has not been able to beat consensus revenue estimates over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $0.96 on revenues of $1.04 billion, and for the current fiscal year, it is $4.23 on revenues of $4.51 billion [7] Group 3: Stock Performance and Outlook - Toro shares have increased by about 0.5% since the beginning of the year, while the S&P 500 has gained 9.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 4: Industry Context - The Tools - Handheld industry, to which Toro belongs, is currently in the top 40% of over 250 Zacks industries, suggesting a favorable industry outlook [8]