Toro corp.

On December 5, 2025, Toro reported third-quarter (2025) net income of US$ 1.3 million, up ~30% from US$ 1.0 million in Q3 2024. Total vessel revenues from continuing operations reached US$ 5.4 million — a 1.9% year-over-year increase.

Toro declared a one-time special dividend of US$ 1.75 per common share, payable to shareholders of record on December 16, 2025, with payment expected by January 16, 2026. Shareholders can choose to receive the amount in cash or in Toro common shares.

The dividend is substantial — reportedly more than 25% of the company’s recent share price, signaling a major return of capital rather than reinvestment.

The company also initiated a share-buyback program mid-2025: it offered to repurchase up to 4.5 million shares at US$ 2.75 each.

According to recent analyst estimates, the 12-month price target for Toro is around US$ 92.60, with a range of about US$ 86 (low) to ~US$ 100 (high).

Among recent analyst moves: DA Davidson bumped its target to US$ 97 (with a “Buy” rating), while Robert W. Baird lifted its target to US$ 86 (“Hold/Neutral”), and Northland Securities raised its target to US$ 90. • Overall, the consensus among analysts over the past 12 months tends toward a “Moderate Buy” or “Hold” rating — reflecting both upside potential and some caution.

For fiscal 2025, Toro expects total net sales to be flat or decline up to ~3%, given macroeconomic uncertainty and softness in some end markets. • The company expects adjusted diluted earnings per share (EPS) to be around US$ 4.15. • Management highlighted that demand remains strongest in the “Professional” segment (e.g. commercial landscaping, golf-grounds, underground construction), even as the “Residential” segment (homeowner lawn & garden) sees weakness. • To boost profitability despite softer revenue/sales environment, Toro is executing a cost-savings program (the “AMP” program), aiming for significant productivity gains in the coming years.