Genco Shipping (GNK) AI Stock Analysis

• Market Cap: $707.54M
• Dividend Yield: 3.98%
• Average Volume (3M): 483.69K
• Price to Earnings (P/E): 47.2
• Beta (1Y): 1.14
• Revenue Growth: -24.58%
• EPS Growth: -110.22%
• Country: US
• Employees: 1,037
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): -0.01
• Shares Outstanding: 42,959,465
• 10 Day Avg. Volume: 389,961
• 30 Day Avg. Volume: 483,686
• PEG Ratio: -0.01
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 1.42
• P/FCF Ratio: 8.55
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $22.25
• Price Target Upside: 40.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: $20.00 ▲(26.58% Upside)

Genco Shipping's overall score reflects strong technical momentum and a positive earnings call outlook, offset by financial performance challenges and valuation concerns. The company's strategic focus on dividends and fleet growth is promising, but liquidity risks and profitability issues need addressing.

Positive Factors

Fleet and Growth Strategy

Strategic fleet acquisitions and drydocking completion position Genco to capitalize on market opportunities, enhancing long-term earnings potential.

Financial Health and Leverage

Strong financial health with low leverage and significant liquidity provides stability and flexibility for future growth and operations.

Consistent Dividend Record

A consistent dividend record reflects stable cash flow management and commitment to shareholder returns, enhancing investor confidence.

Negative Factors

Revenue Growth Challenges

Decreased revenue growth indicates potential challenges in market demand or competitive pressures, impacting long-term profitability.

Negative Free Cash Flow Growth

Declining free cash flow growth suggests difficulties in converting earnings into cash, which may strain liquidity and limit investment capacity.

Q3 Financial Loss

A financial loss in Q3 highlights operational challenges and could signal ongoing profitability issues, affecting future financial stability.

Genco Shipping Business Overview & Revenue Model

Company Description

Genco Shipping & Trading Limited (GNK) is a leading provider of marine transportation services, primarily focused on the transportation of dry bulk cargoes. The company operates a fleet of modern vessels that transport a variety of commodities, including iron ore, coal, grain, and fertilizers. Genco Shipping is strategically positioned in the maritime shipping industry, leveraging its expertise and operational efficiency to serve major global markets. The company is involved in both spot market and time chartering of its vessels, catering to diverse shipping needs.

How the Company Makes Money

Genco Shipping generates revenue primarily through the chartering of its fleet, which includes both spot charters and time charters. In a spot charter, the company earns money by transporting cargo for a single trip at current market rates, while in a time charter, it leases its vessels for a specified duration, typically at a fixed rate. Additionally, Genco may benefit from long-term contracts with customers that provide more stability in revenue. The company also engages in strategic partnerships with other shipping firms and charterers, enhancing its market reach and operational efficiency. Factors such as global trade dynamics, commodity prices, and fleet utilization rates significantly impact its earnings.

Genco Shipping Financial Statement Overview

Summary

Genco Shipping faces challenges in revenue growth and profitability, with a negative net income and declining revenue growth. The balance sheet is stable with low leverage, but cash flow issues, particularly the negative free cash flow growth, highlight potential liquidity risks.

Income Statement

Genco Shipping's income statement shows a decline in revenue and profitability. The TTM data indicates a negative net income and a decrease in revenue growth rate by -5.53%. Gross profit margin remains relatively stable at 28.17%, but the net profit margin has turned negative. The EBIT and EBITDA margins have also decreased significantly compared to previous years, indicating challenges in maintaining operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.11 in the TTM period, indicating conservative leverage. The equity ratio is strong, suggesting a solid capital structure. However, the return on equity has decreased to 1.69%, highlighting reduced profitability from equity investments.

Cash Flow

Cash flow analysis reveals a concerning trend with a significant decline in free cash flow growth rate by -140.23% in the TTM period. The operating cash flow to net income ratio is positive, indicating some operational cash generation, but the free cash flow to net income ratio is low, reflecting challenges in converting earnings into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	331.33M	423.02M	383.82M	536.93M	547.13M	355.56M
Gross Profit	59.18M	116.68M	68.16M	196.26M	226.26M	35.68M
EBITDA	77.55M	159.90M	64.34M	230.06M	255.02M	-136.63M
Net Income	-7.10M	76.40M	-12.87M	158.58M	182.01M	-225.57M
Balance Sheet
Total Assets	1.11B	1.06B	1.14B	1.17B	1.20B	1.23B
Cash, Cash Equivalents and Short-Term Investments	89.95M	43.69M	46.54M	58.14M	114.57M	143.87M
Total Debt	163.94M	89.22M	194.26M	171.12M	246.29M	449.40M
Total Liabilities	220.30M	128.37M	227.26M	205.56M	286.33M	487.81M
Stockholders Equity	885.89M	926.74M	913.26M	967.43M	916.59M	744.99M
Cash Flow
Free Cash Flow	-17.28M	70.17M	-2.23M	133.28M	113.66M	16.86M
Operating Cash Flow	45.99M	126.85M	91.78M	189.32M	231.12M	36.90M
Investing Cash Flow	-43.62M	47.85M	-91.62M	-55.02M	-67.57M	37.44M
Financing Cash Flow	40.61M	-177.55M	-17.40M	-190.74M	-222.69M	-56.91M

Genco Shipping Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GNK, the sentiment is Positive. The current price of 15.8 is below the 20-day moving average (MA) of 17.54, below the 50-day MA of 17.25, and above the 200-day MA of 15.02, indicating a bullish trend. The MACD of 0.49 indicates Negative momentum. The RSI at 67.17 is Neutral, neither overbought nor oversold. The STOCH value of 79.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GNK.

Genco Shipping Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SB	71 Outperform	$549.46M	14.74	5.58%	4.07%	-13.74%	-59.37%
SHIP	70 Outperform	$216.00M	14.06	5.66%	4.98%	-8.99%	-68.66%
ASC	70 Outperform	$500.49M	15.82	5.28%	2.45%	-26.81%	-78.30%
SBLK	68 Neutral	$2.26B	37.59	2.50%	4.15%	-13.87%	-82.48%
DSX	65 Neutral	$208.39M	11.04	4.91%	2.27%	-5.45%	139.59%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GNK	61 Neutral	$707.54M	47.21	-0.78%	3.98%	-24.58%	-110.22%

Genco Shipping Corporate Events

Genco Shipping Reports Q3 2025 Financial Results

Genco Shipping & Trading Limited is a U.S.-based company and the largest drybulk shipowner headquartered in the United States, specializing in the global transportation of commodities. It operates a fleet of vessels that transport major and minor bulk commodities worldwide.

Genco Shipping’s Earnings Call: Optimism Amidst Strategic Growth

The recent earnings call of Genco Shipping & Trading Ltd. highlighted a strong focus on consistent dividend payments and an optimistic outlook for future performance. Despite reporting a small financial loss in the third quarter and increased debt from recent acquisitions, the company emphasized positive industry fundamentals and effective capital management strategies.

Genco Shipping Adopts Shareholder Rights Plan

On October 1, 2025, Genco Shipping & Trading Limited announced the adoption of a limited duration shareholder rights plan, effective immediately and expiring on September 30, 2026. This plan aims to protect shareholders’ interests by preventing any entity from gaining control of the company without paying a fair premium, while still allowing the Board to consider fair offers. The rights plan allows shareholders to purchase additional shares at a favorable rate if a person or group acquires 15% or more of the company’s stock without Board approval. This strategic move is designed to ensure shareholders can realize the long-term value of their investment and provides the Board with time to fulfill its fiduciary duties.

The most recent analyst rating on (GNK) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Genco Shipping stock, see the GNK Stock Forecast page.

Genco Shipping Announces Board Restructuring After Resignation

On August 26, 2025, Genco Shipping & Trading Limited announced the resignation of James G. Dolphin from its Board of Directors, effective immediately, with no disagreements on company strategy or operations. In response, CEO John C. Wobensmith was appointed as Chairman of the Board, and Kathleen C. Haines was named Lead Independent Director, enhancing the board’s independent oversight. Additionally, Arthur L. Regan and Basil G. Mavroleon were appointed to key committee roles, effective the same day, as part of the company’s succession planning.

The most recent analyst rating on (GNK) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Genco Shipping stock, see the GNK Stock Forecast page.

Genco Shipping’s Earnings Call: Resilience Amid Challenges

Genco Shipping & Trading Ltd’s recent earnings call showcased a blend of resilience and strategic growth, despite facing certain challenges. The company demonstrated financial robustness through strong credit facilities and consistent dividend payouts, even as it reported a net loss for the quarter. The sentiment was cautiously optimistic, buoyed by favorable market trends and improved TCE rates, suggesting a positive outlook for future performance.

Genco Shipping Reports Q2 2025 Results and Fleet Expansion

Genco Shipping & Trading Limited is a U.S.-based drybulk ship owning company that specializes in the global transportation of commodities, utilizing a modern fleet of Capesize, Ultramax, and Supramax vessels. The company is recognized for its strategic focus on fleet modernization and financial strength in the drybulk shipping sector.