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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$14.45 - $27.25
Previous CloseN/A
Volume72.68K
Average Volume (3M)325.36K
Market Cap
$1.10B
Enterprise Value-$48.14B
Total Cash (Recent Filing)$54.77B
Total Debt (Recent Filing)$5.62B
Price to Earnings (P/E)64.7
Beta1.08
Next Earnings
Aug 05, 2026EPS Estimate
0.59Next Dividend Ex-DateN/A
Dividend Yield4.04%
Share Statistics
EPS (TTM)0.38
Shares Outstanding43,577,050
10 Day Avg. Volume284,545
30 Day Avg. Volume325,360
Financial Highlights & Ratios
PEG Ratio1.74
Price to Book (P/B)0.89
Price to Sales (P/S)2.34
P/FCF Ratio-13.20
Enterprise Value/Market Cap-43.90
Enterprise Value/Revenue-124.96
Enterprise Value/Gross Profit-530.66
Enterprise Value/Ebitda-433.01
Forecast
1Y Price Target
$29.00Price Target Upside18.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.21
Revenue Forecast (FY)$350.10M
Bulls Say, Bears Say
Bulls Say
Fleet Renewal And Modern, High‑return AssetsManagement has materially upgraded the fleet with modern Capesize/Newcastlemax and Ultramax acquisitions, generating strong asset-level IRRs. Newer, scrubber-fitted and 2019–2020 vintage ships cut maintenance and compliance costs, lift TCE potential and support durable earnings versus older tonnage.
Strong Liquidity And Low Net Loan-to-valueGenco’s liquidity stack and low net LTV provide meaningful financial flexibility to fund vessel purchases, drydocking and dividends through cycles. A sub-$10k/day breakeven reduces downside risk and increases the company’s ability to maintain operations and returns during freight downturns.
High Operating Leverage And Visible Dividend PolicyA fleet mix weighted to Capesize and high operating leverage means incremental TCE improvements convert strongly to EBITDA and distributable cash. The long dividend track record and explicit dividend formula tied to forwards show management focus on shareholder returns and a durable distribution framework when markets cooperate.
Bears Say
Weakened Cash Generation And Negative Free Cash FlowDespite recent profitability, weakened cash conversion and negative free cash flow in the trailing period indicate cash quality has deteriorated. Persistent negative FCF reduces reinvestment headroom and makes dividends and opportunistic M&A more reliant on favorable market windows or external financing.
Dividend And Earnings Dependent On Volatile Freight CurvesManagement’s dividend outlook and near-term earnings hinge on forward freight assumptions. Freight markets are structurally cyclical and prone to rapid shifts; reliance on forwards to underpin distributions and guidance makes cash returns and forecast durability vulnerable to adverse market moves.
Ongoing Shareholder Activism And Governance RiskAn active hostile bidder and proxy contest create sustained governance uncertainty and recurring advisory, legal and operational costs. Activism can distract management, raise transaction execution risk, and may force short-term strategic concessions or defensive measures that reduce long-term optionality for shareholders.
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 $14.45 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 $1.10B.
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 26 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 $0.35 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 0.59.
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
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$29.00 (18.56% Upside)
$29.00 (18.56% Upside)
Blogger Sentiment
Bullish
GNK Sentiment 70%
Sector Average 64%
Sector Average 64%
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 ▼ 1.0%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
84.78%
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, along with its associated companies, is a global participant in the maritime transport industry, focusing on the delivery of dry bulk commodities across the world's oceans. The firm owns and operates a fleet of dry bulk carrier vessels, which are utilized to convey various materials, including iron ore, coal, grains, steel products, and other loose bulk cargoes. These ships are predominantly leased to a range of clients such as major commodities traders, industrial producers, and state-owned organizations. As of December 31, 2021, Genco's fleet was composed of 44 dry bulk carriers, specifically featuring 17 Capesize, 15 Ultramax, and 12 Supramax vessels, collectively capable of transporting approximately 4,636,000 deadweight tons. Established in 2004, Genco Shipping & Trading Limited maintains its principal office 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
$29.00
▲(18.56% Upside)
Technical Analysis
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Ownership Overview
16.76% Insiders
11.44% Mutual Funds
<0.01% Other Institutional Investors
57.24% Public Companies and
Individual Investors