Genco Shipping (GNK)
NYSE:GNK
GNK Stock Chart & Stats
$23.82
-$0.12(-0.86%)
At close: 4:00 PM EST
$23.82
-$0.12(-0.86%)
Day’s Range― - ―
52-Week Range$12.11 - $24.81
Previous CloseN/A
Volume72.68K
Average Volume (3M)494.08K
Market Cap
$1.04B
Enterprise Value$1.18B
Total Cash (Recent Filing)$55.54M
Total Debt (Recent Filing)$200.16M
Price to Earnings (P/E)13.0
Beta1.05
Next Earnings
May 06, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend Yield4.04%
Share Statistics
EPS (TTM)0.39
Shares Outstanding43,317,810
10 Day Avg. Volume254,632
30 Day Avg. Volume494,079
Financial Highlights & Ratios
PEG Ratio1.73
Price to Book (P/B)0.89
Price to Sales (P/S)2.34
P/FCF Ratio-13.20
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue3.44
Enterprise Value/Gross Profit18.02
Enterprise Value/Ebitda13.64
Forecast
1Y Price Target
$30.00Price Target Upside25.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.61
Revenue Forecast (FY)$326.82M
Bulls Say, Bears Say
Bulls Say
Strong Balance SheetGenco's very conservative leverage and sizable equity cushion provide durable downside protection through shipping cycles, supporting debt capacity, funding flexibility for opportunistic purchases, and an ability to maintain distributions and weather revenue troughs without immediate balance‑sheet stress.
Modernized, Accretive Fleet InvestmentsA modern, higher‑quality fleet raises utilization and resale value, lowers maintenance risk and positions Genco to capture long‑haul Capesize demand. Demonstrated >30% IRRs on recent buys indicate fleet renewal is accretive and strengthens competitive positioning over multiple quarters.
Consistent Capital Returns & Cash FocusSustained and rising dividends plus management guidance on cash generation signal disciplined free‑cash‑flow allocation and shareholder alignment. This track record reflects predictable capital return policy when cash flows permit, anchoring investor expectations across cycles.
Bears Say
Earnings & Cash‑flow CyclicalityGenco's income and cash flow swing materially with freight cycles; the recent move to net losses and negative operating/free cash flow highlights the firm's vulnerability to downticks, reducing reliability of distributions and making multi‑quarter planning and capital allocation more uncertain.
High Spot ExposureAn 80% spot mix amplifies revenue and EBITDA sensitivity to short‑term freight moves, increasing volatility in operating results and complicating cash‑flow forecasting, debt servicing and dividend sustainability when market rates deteriorate over several months.
Remaining CapEx And Rising Operating CostsFinancing near‑term vessel deliveries via revolver/accordion raises pro forma indebtedness and liquidity draw risk; coupled with inflationary crew, spares and charter costs, this can compress margins and increase refinancing or covenant pressure if market TCEs weaken.
Genco Shipping News
GNK FAQ
What was Genco Shipping’s price range in the past 12 months?
Genco Shipping lowest stock price was $12.11 and its highest was $24.81 in the past 12 months.
What is Genco Shipping’s market cap?
Genco Shipping’s market cap is $1.04B.
When is Genco Shipping’s upcoming earnings report date?
Genco Shipping’s upcoming earnings report date is May 06, 2026 which is in 21 days.
How were Genco Shipping’s earnings last quarter?
Genco Shipping released its earnings results on Feb 17, 2026. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.371 by $0.019.
Is Genco Shipping overvalued?
According to Wall Street analysts Genco Shipping’s price is currently Undervalued.
Does Genco Shipping pay dividends?
Genco Shipping pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 4.04%. See more information on Genco Shipping dividends here
What is Genco Shipping’s EPS estimate?
Genco Shipping’s EPS estimate is 0.1.
How many shares outstanding does Genco Shipping have?
Genco Shipping has 43,317,810 shares outstanding.
What happened to Genco Shipping’s price movement after its last earnings report?
Genco Shipping reported an EPS of $0.39 in its last earnings report, beating expectations of $0.371. Following the earnings report the stock price went up 3.727%.
Which hedge fund is a major shareholder of Genco Shipping?
Currently, no hedge funds are holding shares in GNK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Genco Shipping Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$30.00 (25.94% Upside)
$30.00 (25.94% Upside)
Blogger Sentiment
Bullish
GNK Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 153.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $21.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
91.23%
12-Months-Change
Fundamentals
Return on Equity
-0.49%
Trailing 12-Months
Asset Growth
7.71%
Trailing 12-Months
Company Description
Genco Shipping
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.
GNK Company Deck
GNK Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized multiple strong operating and financial improvements: record-ish quarterly EBITDA and TCE for the year, substantial dividend increases, low net leverage, significant liquidity, accretive fleet investments, and favorable dry bulk market fundamentals (notably Capesize demand driven by Brazilian and West African long-haul iron ore/bauxite). Offsetting items include rising charter and operating costs, remaining acquisition CapEx, increased asset prices making future purchases more expensive, and concentrated spot exposure (80% of days) which raises sensitivity to market volatility. Overall the positives — robust earnings, low leverage, strong liquidity, and clear strategy execution — materially outweigh the listed risks.View all GNK earnings summariesGNK Stock 12 Month Forecast
Average Price Target
$30.00
▲(25.94% Upside)
Technical Analysis
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Ownership Overview
2.37% Insiders
11.43% Mutual Funds
0.31% Other Institutional Investors
72.36% Public Companies and
Individual Investors