Core Viewpoint - Toro Corp. has successfully completed the sale of the Dream Syrax, a 2015-built 5,000 cbm LPG Carrier vessel, to its new owner on September 3, 2025 [1] Company Overview - Toro Corp. is a global energy transportation services provider with a modern fleet of oceangoing vessels [2] - The company owns three LPG carrier vessels and one MR tanker vessel, which transport petrochemical gases and refined petroleum products worldwide [2] - Toro Corp. is incorporated under the laws of the Republic of the Marshall Islands and its common shares trade on the Nasdaq Capital Market under the symbol "TORO" [2]

Core Points - Toro Corp. announced the final results of its tender offer which expired on August 7, 2025 [1] - A total of 20,344 common shares were properly tendered and will be purchased at a price of $2.75 per share, resulting in an aggregate cost of approximately $55,946.00 [2] Company Overview - Toro Corp. is a global energy transportation services provider operating a modern fleet of oceangoing vessels, which will consist of three LPG carriers and one MR tanker vessel after the sale of one LPG carrier [5] - The company's common shares are traded on the Nasdaq Capital Market under the symbol "TORO" [6]

Company Overview - Toro Corp. is a global energy transportation services provider operating a modern fleet of oceangoing vessels [3] - The company will have a fleet comprising three LPG carriers and one MR tanker vessel after completing the sale of one of its LPG carriers [3] - Toro Corp. is incorporated under the laws of the Republic of the Marshall Islands and its common shares trade on the Nasdaq Capital Market under the symbol "TORO" [4] Annual General Meeting - The Board of Directors has scheduled the 2025 Annual General Meeting of Shareholders to be held on September 12, 2025, at 5:00 p.m. local time in Limassol, Cyprus [1] - A record date of July 14, 2025, has been fixed for determining shareholders entitled to receive notice of and vote at the Meeting [1] - The Notice of the Meeting and Proxy Statement will be mailed to shareholders of record around July 29, 2025, and will also be available on the SEC's website and the company's website [2]

Core Viewpoint - Toro Corp. reported a decline in financial performance for the first quarter of 2025 compared to the same period in 2024, primarily due to reduced rates in its tanker segment, despite maintaining solid operational performance and strong cash inflows from loan repayments [4][5]. Financial Performance Summary - Total vessel revenues decreased to $5.5 million in Q1 2025 from $6.4 million in Q1 2024, representing a 14.1% decline [6][27]. - Net income from continuing operations fell to $1.5 million in Q1 2025, down 37.5% from $2.4 million in Q1 2024 [6][27]. - Overall net income dropped significantly to $1.6 million in Q1 2025 from $22.1 million in Q1 2024, marking a 92.8% decrease [6][27]. - Earnings per share from continuing operations increased to $0.019 in Q1 2025, compared to a loss of $0.005 per share in Q1 2024, reflecting a 480.0% increase [6][27]. - EBITDA from continuing operations was $1.0 million in Q1 2025, down from $1.6 million in Q1 2024 [6][27]. Operational Highlights - The average Daily Time Charter Equivalent (TCE) Rate for the fleet was $11,480 in Q1 2025, down from $13,048 in Q1 2024 [5][20]. - The fleet operated an average of 5.0 vessels during Q1 2025, maintaining full fleet utilization at 100% [20][29]. Cash Flow and Liquidity - Cash position increased significantly to $92.7 million as of March 31, 2025, up from $37.2 million at the end of 2024, primarily due to net operating cash flows and loan repayments [15][36]. - The company received partial prepayments of $47.5 million related to a $100 million senior term loan facility from Castor Maritime, which was fully repaid by May 5, 2025 [6][17]. Recent Developments - Toro Corp. launched a share repurchase tender offer for 4.5 million shares at $2.75 per share, set to expire on August 7, 2025 [14]. - The company completed the spin-off of its Handysize tanker segment to a new Nasdaq-listed company, Robin Energy Ltd., on April 14, 2025 [6][17]. - Toro Corp. acquired a modern MR tanker, M/T Wonder Altair, for $36.25 million, delivered on July 11, 2025 [18].

Core Viewpoint - Toro Corp. is initiating a tender offer to repurchase up to 4,500,000 shares at a price of $2.75 per share, reflecting the company's strong cash position and current stock price [1]. Group 1: Tender Offer Details - The tender offer will expire on August 7, 2025, at 5:00 P.M. Eastern Time, unless extended or withdrawn [1]. - The Board of Directors believes that repurchasing shares is in the best interest of the company at this time [1]. - The tender offer is not conditioned upon any minimum number of shares being tendered [1]. Group 2: Administrative Information - Toro has appointed Broadridge Corporate Issuer Solutions LLC as the depositary and Georgeson LLC as the information agent for the tender offer [2]. - Shareholders will receive copies of the Offer to Purchase and related materials by mail, and additional copies can be obtained from the information agent [3]. Group 3: Company Overview - Toro Corp. operates a modern fleet of oceangoing vessels, including four LPG carriers and one MR tanker [5]. - The company is incorporated under the laws of the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [6].

Core Viewpoint - Toro Corp. has entered into an agreement to sell the Dream Syrax, a 2015-built 5,000 cbm LPG Carrier vessel, to a subsidiary of Robin Energy Ltd. for $18 million [1][2]. Company Overview - Toro Corp. is a global energy transportation services provider operating a modern fleet of oceangoing vessels. After the sale, the company's fleet will consist of three LPG carriers and one MR tanker [3]. Transaction Details - The transaction was approved by independent members of the Boards of Toro and Robin, following negotiations by special committees of independent directors [2]. - The vessel is expected to be delivered to its new owner in the third quarter of 2025, pending customary closing conditions [2].

Company Overview - Toro (TTC) is headquartered in Bloomington and operates in the Consumer Discretionary sector, experiencing a price change of -7.97% year-to-date [3] - The company currently pays a dividend of $0.76 per share, resulting in a dividend yield of 2.06%, which is slightly below the Tools - Handheld industry's yield of 2.15% and above the S&P 500's yield of 1.54% [3] Dividend Performance - Toro's annualized dividend of $1.52 has increased by 5.6% from the previous year, with a history of five dividend increases over the last five years, averaging an annual increase of 10.22% [4] - The company's current payout ratio is 36%, indicating that it distributes 36% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - For the fiscal year, Toro is expected to achieve solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $4.23 per share, reflecting a 1.44% increase from the previous year [5] Investment Considerations - Toro is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold), appealing to income investors despite the challenges posed by rising interest rates [7]

Company Overview - Toro (TTC) is headquartered in Bloomington and operates in the Consumer Discretionary sector [3] - The stock has experienced a price decline of 15.92% since the beginning of the year [3] - Toro currently pays a dividend of $0.38 per share, resulting in a dividend yield of 2.26%, which is higher than the Tools - Handheld industry's yield of 2.14% and the S&P 500's yield of 1.57% [3] Dividend Performance - The current annualized dividend of Toro is $1.52, reflecting a 5.6% increase from the previous year [4] - Over the past five years, Toro has raised its dividend five times, achieving an average annual increase of 10.22% [4] - The company's payout ratio stands at 36%, indicating that it distributes 36% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Toro's earnings per share for the fiscal year 2025 is $4.23, which signifies a year-over-year growth rate of 1.44% [5] Investment Considerations - Dividends are favored by investors for various reasons, including tax advantages and reduced overall portfolio risk [6] - High-growth firms or tech start-ups typically do not offer dividends, while established companies with stable profits are often preferred for dividend investments [7] - Despite the challenges high-yielding stocks may face during rising interest rates, Toro presents a compelling investment opportunity as a strong dividend play [7]

Core Viewpoint - Toro Corp. has announced the acquisition of a 2021-built MR tanker vessel for $36.25 million, which will be funded with cash on hand [1][2]. Company Overview - Toro Corp. is a global energy transportation services provider with a modern fleet of oceangoing vessels. After the acquisition, the fleet will consist of four LPG carriers and one MR tanker vessel, focusing on transporting petrochemical gases and refined petroleum products worldwide [3]. - The company is incorporated under the laws of the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [3]. Acquisition Details - The acquisition is expected to be completed with the delivery of the vessel during Q2-Q3 2025, subject to customary closing conditions [2].

Core Insights - The Toro Company reported adjusted EPS of $1.42 for fiscal Q2 2025, a $0.02 increase year-over-year, but revenue declined by 2.3% to $1.32 billion, prompting management to revise full-year guidance to flat to down 3% [1] Financial Performance - The professional segment achieved $1.0 billion in net sales, reflecting a 1% year-over-year growth, and earnings of $202 million, up 6% year-over-year, with a margin improvement of 90 basis points to 19.9% [4][5] - The residential segment's net sales fell 11% year-over-year to $297 million, with earnings halved to $16 million and margins dropping to 5.4% from 10.8% [6][7] Cost Management Initiatives - The Accelerated Margin Productivity (AMP) program has generated $70 million in cumulative run-rate savings, with a target of $100 million by 2027, addressing increased material and manufacturing costs [2][3] Market Outlook - Management anticipates total net sales in fiscal Q3 to be flat to slightly up year-over-year, with professional segment sales expected to rise by a mid-single-digit percentage and residential sales projected to decline by a high-teens percentage [9]