Genco Shipping & Trading Ltd (GNK)
NYSE:GNK
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GNK Stock Chart & Stats
$24.46
-$0.12(-0.86%)
At close: 4:00 PM EST
$24.46
-$0.12(-0.86%)
Day’s Range― - ―
52-Week Range$12.66 - $27.25
Previous CloseN/A
Volume72.68K
Average Volume (3M)344.48K
Market Cap
$1.02B
Enterprise Value-$48.13B
Total Cash (Recent Filing)$54.77B
Total Debt (Recent Filing)$5.62B
Price to Earnings (P/E)26.5
Beta1.08
Next Earnings
Aug 05, 2026EPS Estimate
0.63Next Dividend Ex-DateN/A
Dividend Yield4.04%
Share Statistics
EPS (TTM)0.38
Shares Outstanding43,577,050
10 Day Avg. Volume440,753
30 Day Avg. Volume344,476
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 Cap-47.22
Enterprise Value/Revenue-124.96
Enterprise Value/Gross Profit-530.63
Enterprise Value/Ebitda-420.71
Forecast
1Y Price Target
$26.00Price Target Upside6.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.21
Revenue Forecast (FY)$357.97M
Bulls Say, Bears Say
Bulls Say
Strong Liquidity And Low Net LTVSubstantial available liquidity and a low net LTV provide durable financial flexibility to weather freight cycles, fund opportunistic vessel purchases, cover drydocking or dividend commitments, and reduce refinancing risk over the next several quarters.
Fleet Renewal And Accretive AcquisitionsA focused, modern fleet improves fuel/operational efficiency and resale value, producing above-market asset IRRs. Continued reinvestment into newer Capesize/Newcastlemax vessels supports sustained earnings power and lowers long-term maintenance and drydocking expense volatility.
High Operating Leverage From Capesize-heavy MixA revenue mix skewed to larger Capesize vessels gives meaningful incremental profitability when freight rates rise. Structural exposure to ton-mile trades and limited new Capesize deliveries amplifies upside to EBITDA and cash returns across multi-month to multi-year market upcycles.
Bears Say
Negative Free Cash Flow And Weak Cash ConversionPersistently negative free cash flow and sub‑1x cash conversion reduce the company's ability to self-fund dividends, vessel investment, or unexpected costs. Over several quarters this weakens cushion against downturns and increases reliance on debt or asset sales for capital needs.
Dividends And Earnings Contingent On Forward Freight CurvesReliance on forward freight agreement curves for dividend guidance makes cash returns structurally sensitive to volatile market forecasts. This undermines predictability of shareholder distributions and capital planning across the 2–6 month horizon if freight curves reprice lower.
Ongoing Shareholder Activism And Recurring CostsActive shareholder contests divert management focus, incur recurring legal and advisory costs, and can pressure strategic decisions or force asset/liability actions. Over time, this governance friction can impede execution of fleet strategy and reduce net returns to continuing operations.
Genco Shipping News
GNK FAQ
What was Genco Shipping & Trading Ltd’s price range in the past 12 months?
Genco Shipping & Trading Ltd lowest stock price was $12.66 and its highest was $27.25 in the past 12 months.
What is Genco Shipping & Trading Ltd’s market cap?
Genco Shipping & Trading Ltd’s market cap is $1.02B.
When is Genco Shipping & Trading Ltd’s upcoming earnings report date?
Genco Shipping & Trading Ltd’s upcoming earnings report date is Aug 05, 2026 which is in 70 days.
How were Genco Shipping & Trading Ltd’s earnings last quarter?
Genco Shipping & Trading Ltd released its earnings results on May 06, 2026. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.072 by $0.188.
Is Genco Shipping & Trading Ltd overvalued?
According to Wall Street analysts Genco Shipping & Trading Ltd’s price is currently Undervalued.
Does Genco Shipping & Trading Ltd pay dividends?
Genco Shipping & Trading Ltd pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 4.04%. See more information on Genco Shipping & Trading Ltd dividends here
What is Genco Shipping & Trading Ltd’s EPS estimate?
Genco Shipping & Trading Ltd’s EPS estimate is 0.63.
How many shares outstanding does Genco Shipping & Trading Ltd have?
Genco Shipping & Trading Ltd has 43,577,050 shares outstanding.
What happened to Genco Shipping & Trading Ltd’s price movement after its last earnings report?
Genco Shipping & Trading Ltd reported an EPS of $0.26 in its last earnings report, beating expectations of $0.072. Following the earnings report the stock price went down -1.018%.
Which hedge fund is a major shareholder of Genco Shipping & Trading Ltd?
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
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$26.00 (6.30% Upside)
$26.00 (6.30% Upside)
Blogger Sentiment
Bullish
GNK Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 83.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 3.3%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
87.89%
12-Months-Change
Fundamentals
Return on Equity
<0.01%
Trailing 12-Months
Asset Growth
20.55%
Trailing 12-Months
Company Description
Genco Shipping & Trading Ltd
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasizes strong operational and financial momentum: materially higher TCEs (Q1 +63% YoY), record first-quarter utilization (99.2%), large adjusted EBITDA growth (+358% YoY), expanding dividend capacity (Q1 dividend +133% YoY and FY guidance ≈ $2.50/share assuming current forwards), and continued fleet renewal with strong liquidity and low net LTV (~20%). Offsetting items include an active proxy fight with associated costs, dividend and earnings dependence on forward freight curves, some one-time adjustments in Q1, and near-term use of the revolver for CapEx. Overall, the positive operational and market developments and the company’s strong balance sheet and strategy outweigh the listed challenges.View all GNK earnings summariesGNK Stock 12 Month Forecast
Average Price Target
$26.00
▲(6.30% Upside)
Technical Analysis
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Ownership Overview
16.74% Insiders
11.26% Mutual Funds
8.19% Other Institutional Investors
50.00% Public Companies and
Individual Investors