Genco Shipping/$GNK
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Genco Shipping
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.
- Ticker
- $GNK
- Sector
- Mobility
- Primary listing
- NYSE
- Employees
- 1,056
- Headquarters
- New York, United States
- Website
- www.gencoshipping.com
Genco Shipping Metrics
BasicAdvanced
$1.1B
28.74
$0.91
0.90
$1.80
12.22%
Price and volume
Market cap
$1.1B
Beta
0.9
52-week high
$28.42
52-week low
$15.58
Average daily volume
504K
Dividend rate
$1.80
Financial strength
Current ratio
2.971
Quick ratio
2.186
Long term debt to equity
0.365
Total debt to equity
0.365
Dividend payout ratio (TTM)
125.96%
Interest coverage (TTM)
4.09%
Profitability
EBITDA (TTM)
131.529
Gross margin (TTM)
43.86%
Net profit margin (TTM)
9.15%
Operating margin (TTM)
16.15%
Effective tax rate (TTM)
1.18%
Revenue per employee (TTM)
$420,000
Management effectiveness
Return on assets (TTM)
3.86%
Return on equity (TTM)
4.55%
Valuation
Price to earnings (TTM)
28.741
Price to revenue (TTM)
2.593
Price to book
1.28
Price to tangible book (TTM)
1.28
Price to free cash flow (TTM)
-7.293
Free cash flow yield (TTM)
-13.71%
Free cash flow per share (TTM)
-3.591
Dividend yield (TTM)
6.87%
Forward dividend yield
12.22%
Growth
Revenue change (TTM)
25.64%
Earnings per share change (TTM)
156.34%
3-year revenue growth (CAGR)
-0.54%
10-year revenue growth (CAGR)
12.33%
3-year earnings per share growth (CAGR)
-22.49%
10-year earnings per share growth (CAGR)
-31.36%
3-year dividend per share growth (CAGR)
4.44%
What the Analysts think about Genco Shipping
Analyst ratings (Buy, Hold, Sell) for Genco Shipping stock.
Analyst projections of the future price of Genco Shipping stock.
Bulls say / Bears say
Q2 voyage revenue rose to $136.4 million from $80.9 million a year earlier, while average TCE rates increased to $24,273 per day from $13,631 and adjusted EBITDA reached $56.7 million. The sharp improvement shows how strongly Genco can benefit when freight markets strengthen. (GlobeNewswire)
Genco declared a $0.80-a-share Q2 dividend, up 433% year on year, and projected a Q3 dividend above $1 based on booked rates and the forward curve. Its long run of quarterly dividends and low cash-flow breakeven give it scope to return cash when freight rates are strong. (GlobeNewswire, The Motley Fool)
Longer-haul iron ore and bauxite shipments from Guinea could keep ships occupied for longer, supporting drybulk demand. Genco has added a modern, scrubber-fitted Capesize vessel for spot-market work, giving it direct exposure to that opportunity. (Veson Nautical, Genco Shipping & Trading Limited)
Only 66% of Genco’s available Q3 vessel days were fixed when it issued its outlook. With much of the fleet exposed to short-term rates, a market downturn could quickly reduce earnings and the variable dividend. (The Motley Fool, GlobeNewswire)
Recent China-bound shipments weakened: Q3 iron ore volumes fell 1.8% year on year, coal fell 6.7% and grains and oilseeds were nearly 10% lower. Continued weakness in Chinese steel demand could limit the cargo volumes that underpin drybulk rates. (Breakwave Advisors)
A market forecast puts drybulk fleet supply growth at 3.8% a year through 2029, ahead of projected demand growth of 2.6%. If that imbalance persists as new ships arrive, freight rates could face downward pressure. (Veson Nautical)
Data summarised monthly by Lightyear AI. Last updated on 9 Oct 2026.
Genco Shipping Financial Performance
Revenues and expenses
Genco Shipping Earnings Performance
Company profitability
Upcoming events
No upcoming events
Genco Shipping News
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Funds containing Genco Shipping
Fund name | Fund size | $GNK weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.03% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.03% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.01% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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