Genco Shipping/GNK

$20.65

0.48%
-
1D1W1MYTD1YMAX

About Genco Shipping

Genco Shipping & Trading Limited is a drybulk ship owning company. The Company provides a full-service logistics solution to its customers utilizing its in-house commercial operating platform. The Company transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Its wholly owned modern fleet of dry cargo vessels consists of the Capesize and the Ultramax and Supramax vessels enabling the Company to carry a range of cargoes. Its fleets consist of over 43 drybulk carriers, including 16 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and 12 Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,490,000 deadweight tons (dwt). The Company's vessels include Baltic Bear, Baltic Hornet, Genco Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Freedom, Genco Picardy and Genco Vigilant.

Ticker

GNK

Sector

Industrials

Trading on

NYSE

Industry

Water Transportation

CEO

John Wobensmith

Employees

990

Headquarters

New york, United States

Genco Shipping Metrics

BasicAdvanced
$878.11M
Market cap
-
P/E ratio
-$0.30
EPS
1.12
Beta
$0.95
Dividend rate
7.98%
Dividend yield
$878.11M
1.12411
$21.24
$12.39
736.48K
$0.95
4.457
3.695
20.823
20.823
5.87%
-1.07%
-1.37%
-1.1%
2.288
0.957
0.962
6.7%
4.62%
7.98%
-28.52%
-108.2%
2.58%
59.3%

What the Analysts think about Genco Shipping

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 8 analysts.
15.88% upside
High $27.00
Low $21.00
$20.65
Current price
$23.93
Average price target

Genco Shipping Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
4.24% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$115.5M
38.66%
Net income
$4.9M
-115.31%
Profit margin
4.24%
-111.04%

Genco Shipping Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.78%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.06
$0.27
-$0.09
$0.43
-
Expected
$0.13
$0.24
-$0.11
$0.42
$0.51
Surprise
-52.92%
12.97%
-19.91%
2.78%
-
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.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Genco Shipping stock?

Genco Shipping (GNK) has a market cap of $878.11M as of April 15, 2024.

What is the P/E ratio for Genco Shipping stock?

The price to earnings (P/E) ratio for Genco Shipping (GNK) stock is 0 as of April 15, 2024.

Does Genco Shipping stock pay dividends?

Yes, the Genco Shipping (GNK) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $0.95 and the yield is 7.98%. Genco Shipping has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Genco Shipping dividend payment date?

The next Genco Shipping (GNK) dividend payment date is unconfirmed.

What is the beta indicator for Genco Shipping?

Genco Shipping (GNK) has a beta rating of 1.12. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Genco Shipping stock price target?

The target price for Genco Shipping (GNK) stock is $23.93, which is 15.88% above the current price of $20.65. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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