Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Genco Shipping & Trading Ltd (GNK)
:GNK
Holding GNK?
Track your performance easily
GNK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$13.51 - $23.43
Previous CloseN/A
Volume72.68K
Average Volume (3M)425.68K
Market Cap
$623.84M
Enterprise Value$880.37M
Total Cash (Recent Filing)$133.40M
Total Debt (Recent Filing)$510.31M
Price to Earnings (P/E)9.3
Beta0.99
Next Earnings
Feb 19, 2025EPS Estimate
0.41Last Dividend Ex-Date
Nov 18, 2024Dividend Yield10.76%
Share Statistics
EPS (TTM)1.57
Shares Outstanding42,757,896
10 Day Avg. Volume408,346
30 Day Avg. Volume425,675
Standard Deviation0.15
R-Squared0.12
Alpha0.00972
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.42
Price to Cash Flow (P/CF)4.40
P/FCF Ratio4.50
Enterprise Value/Market Cap1.41
Enterprise Value/Revenue2.13
Enterprise Value/Gross Profit12.92
Enterprise Value/Ebitda12.20
Forecast
1Y Price Target
$22.50Price Target Upside57.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Genco Shipping News
PremiumCompany Announcements
Genco Shipping Updates Q4 2024 TCE Rate Estimate
PremiumCompany Announcements
Genco Shipping Reports Strong Q3 2024 Results
Ownership Overview
1.56% Insiders
16.28% Mutual Funds
0.16% Other Institutional Investors
67.65% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
GNK FAQ
What was Genco Shipping & Trading Ltd’s price range in the past 12 months?
Genco Shipping & Trading Ltd lowest stock price was $13.51 and its highest was $23.43 in the past 12 months.
What is Genco Shipping & Trading Ltd’s market cap?
Genco Shipping & Trading Ltd’s market cap is $623.84M.
When is Genco Shipping & Trading Ltd’s upcoming earnings report date?
Genco Shipping & Trading Ltd’s upcoming earnings report date is Feb 19, 2025 which is in 32 days.
How were Genco Shipping & Trading Ltd’s earnings last quarter?
Genco Shipping & Trading Ltd released its earnings results on Nov 06, 2024. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.408 by $0.012.
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 $1.568 which represents an annual dividend yield of 10.76%. 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 0.41.
How many shares outstanding does Genco Shipping & Trading Ltd have?
Genco Shipping & Trading Ltd has 42,757,896 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 $0.42 in its last earnings report, beating expectations of $0.408. Following the earnings report the stock price went up 4.637%.
Which hedge fund is a major shareholder of Genco Shipping & Trading Ltd?
Among the largest hedge funds holding Genco Shipping & Trading Ltd’s share is Royce & Associates LLC. It holds Genco Shipping & Trading Ltd’s shares valued at 9M.
---
Genco Shipping Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$22.50 (57.67% Upside)
$22.50 (57.67% Upside)
Blogger Sentiment
Bullish
GNK Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 92.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.82%
12-Months-Change
Fundamentals
Return on Equity
7.44%
Trailing 12-Months
Asset Growth
-4.61%
Trailing 12-Months
Company Description
Genco Shipping & Trading Ltd
Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It operates through the ocean transportation of drybulk cargoes worldwide through the ownership and operation of drybulk carrier vessels segment. The company was founded on September 27, 2004 and is headquartered in New York, NY.
---
GNK Company Deck
---
GNK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Genco Shipping & Trading Limited reported a strong quarter with continued fleet growth, increased dividends, and improved financial metrics. Though recent freight rate volatility and challenges in the bauxite trade present concerns, the company's low leverage and financial flexibility position it well for future opportunities.Read More>---
GNK Stock 12 Month Forecast
Average Price Target
$22.50
▲(57.67% Upside)
Technical Analysis
Star Bulk Carriers
―
Euroseas
―
Costamare
―
Safe Bulkers
―
Navios Maritime Partners
―
Ardmore Shipping
―
Best Analysts Covering GNK
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+52.31%
reiterated a buy rating 8 months ago
Copying Liam Burke's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +52.31% per trade.
---