Genco Shipping (GNK) AI Stock Analysis

• Market Cap: $812.97M
• Dividend Yield: 4.04%
• Average Volume (3M): 400.83K
• Price to Earnings (P/E): ―
• 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: 43,243,164
• 10 Day Avg. Volume: 312,419
• 30 Day Avg. Volume: 400,833
• 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: $26.25
• Price Target Upside: 33.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 1.11
• Revenue Forecast (FY): $283.03M

• Rating: 59 Neutral
• Price Target: $19.50 ▼(-0.76% Downside)

Genco Shipping's overall stock score is driven by strong earnings call insights and positive technical indicators, despite financial performance challenges and valuation concerns. The company's strategic positioning and consistent dividend record are significant strengths.

Positive Factors

Fleet Expansion

Acquiring modern vessels enhances Genco's fleet capacity and operational efficiency, positioning the company to capitalize on market demand.

Dividend Consistency

Consistent dividend payments reflect financial stability and a commitment to returning value to shareholders, enhancing investor confidence.

Strategic Positioning

Strong demand for dry bulk commodities supports Genco's market positioning and revenue potential, driven by favorable industry trends.

Negative Factors

Revenue Decline

Declining revenue growth indicates challenges in market expansion and competitive pressures, potentially impacting long-term profitability.

Negative Cash Flow

Negative free cash flow growth suggests liquidity challenges, limiting Genco's ability to invest in growth and manage financial obligations.

Profitability Issues

Negative net profit margin reflects operational inefficiencies and cost pressures, which may hinder Genco's ability to sustain profitability.

Genco Shipping Business Overview & Revenue Model

Company Description

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.

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: 19.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 19.65 is above the 20-day moving average (MA) of 18.54, above the 50-day MA of 18.12, and above the 200-day MA of 15.72, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 69.81 is Neutral, neither overbought nor oversold. The STOCH value of 87.85 is Negative, 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	72 Outperform	$529.04M	14.19	5.58%	4.16%	-13.74%	-59.37%
SHIP	70 Outperform	$199.11M	12.96	5.66%	4.94%	-8.99%	-68.66%
ASC	70 Outperform	$474.49M	15.00	5.28%	2.80%	-26.81%	-78.30%
SBLK	67 Neutral	$2.25B	37.40	2.50%	1.59%	-13.87%	-82.48%
DSX	65 Neutral	$215.34M	11.41	4.91%	2.34%	-5.45%	139.59%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GNK	59 Neutral	$812.97M	-112.77	-0.78%	4.04%	-24.58%	-110.22%

Genco Shipping Corporate Events

Genco Shipping Announces Q4 2025 TCE Rate Estimate

On December 5, 2025, Genco Shipping announced an estimated time charter equivalent (TCE) rate of approximately $20,000 per day for the fourth quarter of 2025, covering 95% of its owned available days. This estimate reflects the company’s performance in a strong freight rate environment, with some revenue from voyages fixed in the fourth quarter expected to be recognized in the first quarter of 2026 due to accounting practices. The announcement highlights the company’s operational strategy and market positioning, particularly in the spot market and index-related charters, impacting stakeholders by providing insights into expected financial performance.

The most recent analyst rating on (GNK) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Genco Shipping stock, see the GNK Stock Forecast page.

Genco Shipping Amends Shareholder Rights Agreement

On November 10, 2025, Genco Shipping & Trading Limited amended its Shareholder Rights Agreement to adjust the definition of ‘Acquiring Person’ and modify the beneficial ownership threshold to 10%, or 15% for 13G Investors. This amendment aims to protect the company from hostile takeovers and ensure shareholders can realize long-term value, while still allowing the board to consider fair offers. The amendment also addresses the status of Diana Shipping Inc. as a Grandfathered Shareholder, maintaining its position unless its ownership exceeds certain thresholds.

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.