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Toro Corp. (TORO)

Energy | Oil & Gas Midstream | Limassol, Cyprus | NasdaqCM
5.05 USD +0.14 (2.851%) ⇧ (July 14, 2026, 4 p.m. EDT)
After hours: 5.02 -0.03 (-0.030%) ⇩ (July 14, 2026, 7:42 p.m. EDT)

Short-term:★⯪☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 6:53 a.m. EDT

The investment case here is fundamentally broken. Despite a seemingly attractive price-to-book ratio of 0.66, the company is generating negative free cash flow and posting a -24.8% operating margin, suggesting severe operational distress. The balance sheet is fragile with negative operating cash flow, making the 'special' dividends a red flag for capital preservation rather than shareholder reward; these payouts likely stem from burning through remaining reserves. The price action confirms this deterioration, with the stock down 23.5% over the last two years and missing out on any recovery despite a recent rally. While the stock trades below book value, the inability to generate cash or profit renders this a value trap where the assets are not earning enough to sustain the enterprise. The options market is screaming caution, with heavy put buying establishing a floor that suggests investors are bracing for further declines.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.301888
AutoARIMA0.302586
AutoTheta0.310827
MSTL0.356533

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 27%
H-stat 2.14
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 4.92
Attribute Value
Sector Energy
Ex Dividend Date 2026-05-03
Last Dividend Date 2026-05-03
Revenue per Share 1.099
Market Cap 174,524,608
Trailing P/E 252.50
Beta 2.64
Profit Margins 22.67%
Website https://www.torocorp.com

As of July 11, 2026, 6:53 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 2.5 and 3.25) compared to negligible call volume. The implied volatility skew is inverted, with deep puts trading at significantly higher premiums than calls, indicating a market consensus expecting further weakness rather than a bounce.


Dividend Data

Dividend History
Date Dividend Yield %
2026-05-04 0.90 14.975041
2026-01-20 1.75 40.509258
Additional Data
exDividendDate 2026-05-04
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.9
lastDividendDate 2026-05-04
dividendDate 2026-06-05

Info Dump

Attribute Value
52 Week Change 0.71678317
Address1 223 Christodoulou Chatzipavlou Street
Address2 Hawaii Royal Gardens
All Time High 26.0
All Time Low 1.42
Ask 6.33
Ask Size 2
Average Daily Volume10 Day 32,830
Average Daily Volume3 Month 490,532
Average Volume 490,532
Average Volume10Days 32,830
Beta 2.64
Bid 3.6
Bid Size 2
Book Value 7.534
City Limassol
Country Cyprus
Crypto Tradeable 0
Currency USD
Current Price 5.05
Current Ratio 22.235
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 5.1
Day Low 4.905
Display Name Toro
Dividend Date 1,780,617,600
Earnings Quarterly Growth -0.668
Earnings Timestamp 1,776,256,200
Earnings Timestamp End 1,784,205,000
Earnings Timestamp Start 1,784,205,000
Ebitda 67,316
Ebitda Margins 0.0031299999
Enterprise To Ebitda 2,589.598
Enterprise To Revenue 8.106
Enterprise Value 174,321,376
Eps Trailing Twelve Months 0.02
Esg Populated 0
Ex Dividend Date 1,777,852,800
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 357 2 5357796
Fifty Day Average 5.2724
Fifty Day Average Change -0.22239971
Fifty Day Average Change Percent -0.042181876
Fifty Two Week Change Percent 71.678314
Fifty Two Week High 8.5
Fifty Two Week High Change -3.4499998
Fifty Two Week High Change Percent -0.40588233
Fifty Two Week Low 2.64
Fifty Two Week Low Change 2.41
Fifty Two Week Low Change Percent 0.9128788
Fifty Two Week Range 2.64 - 8.5
Financial Currency USD
First Trade Date Milliseconds 1,677,853,800,000
Float Shares 4,642,446
Free Cashflow -49,836,168
Full Exchange Name NasdaqCM
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.53362
Gross Profits 11,475,983
Has Pre Post Market Data 1
Held Percent Insiders 0.889
Held Percent Institutions 0.013839999
Implied Shares Outstanding 34,559,330
Industry Oil & Gas Midstream
Industry Disp Oil & Gas Midstream
Industry Key oil-gas-midstream
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,777,852,800
Last Dividend Value 0.9
Last Fiscal Year End 1,767,139,200
Long Business Summary Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing LPG carrier vessels and MR tankers worldwide. It operates through three segments, Eco Tanker, Non-Eco Tanker, and LPG Carrier segments. The company provides energy seaborne transportation services for LPG. It also operates and maintains a fleet of two LPG carrier vessels; and a fleet of two MR tankers with an aggregate cargo carrying capacity of 0.1 million deadweight tonnage. The company was formerly known as Tankco Shipping Inc. and changed its name to Toro Corp. in September 2022. Toro Corp. was founded in 2022 and is based in Limassol, Cyprus. Toro Corp. is a subsidiary of Castor Maritime Inc.
Long Name Toro Corp.
Market us_market
Market Cap 174,524,608
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1815509881
Most Recent Quarter 1,774,915,200
Net Income To Common 367
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 169,686,310
Open 4.905
Operating Cashflow -7,908,704
Operating Margins -0.24798
Payout Ratio 0.0
Phone 357 2 5357768
Post Market Change -0.03000021
Post Market Change Percent -0.5940635
Post Market Price 5.02
Post Market Time 1,784,072,557
Previous Close 4.9100003
Price Hint 2
Price To Book 0.6702947
Price To Sales Trailing12 Months 8.115178
Profit Margins 0.22674
Quick Ratio 20.167
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.13999987
Regular Market Change Percent 2.851321
Regular Market Day High 5.1
Regular Market Day Low 4.905
Regular Market Day Range 4.905 - 5.1
Regular Market Open 4.905
Regular Market Previous Close 4.9100003
Regular Market Price 5.05
Regular Market Time 1,784,059,201
Regular Market Volume 97,250
Return On Assets -0.00866
Return On Equity 0.014479999
Revenue Growth 0.077
Revenue Per Share 1.099
Sand P52 Week Change 0.20365608
Sector Energy
Sector Disp Energy
Sector Key energy
Shares Outstanding 34,559,330
Shares Percent Shares Out 0.0073
Shares Short 252,362
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 282,879
Short Name Toro Corp.
Short Percent Of Float 0.015700001
Short Ratio 5.61
Source Interval 15
Symbol TORO
Total Cash 81,639,616
Total Cash Per Share 3.188
Total Debt 0
Total Revenue 21,505,948
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.02
Trailing P E 252.50002
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.50614
Two Hundred Day Average Change 0.54385996
Two Hundred Day Average Change Percent 0.12069308
Type Disp Equity
Volume 97,250
Website https://www.torocorp.com
Zip 3,036