Genco Shipping/$GNK
1D1W1MYTD1Y5YMAX
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
$1.2B
29.02
$0.91
0.90
$1.80
12.10%
Price and volume
Market cap
$1.2B
Beta
0.9
52-week high
$28.42
52-week low
$15.55
Average daily volume
695K
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)
29.016
Price to revenue (TTM)
2.618
Price to book
1.3
Price to tangible book (TTM)
1.3
Price to free cash flow (TTM)
-7.362
Free cash flow yield (TTM)
-13.58%
Free cash flow per share (TTM)
-3.591
Dividend yield (TTM)
6.81%
Forward dividend yield
12.10%
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
Genco’s operating results improved sharply as freight rates strengthened. Second-quarter voyage revenue rose 68.5% year on year to $136.4 million, TCE reached $24,273 per day, and adjusted EBITDA increased to $56.7 million. (GlobeNewswire, Longbridge)
The company is upgrading towards modern, fuel-efficient Capesize and Newcastlemax vessels while selling older ships. This should raise earning power and gives Genco strong operating leverage to spot rates, with the latest vessel intended for immediate spot-market deployment. (GlobeNewswire, GlobeNewswire)
Recent cargo demand has supported the dry-bulk market: first-half Chinese iron-ore imports rose 6%, while bauxite exports and coal trades also strengthened. At the same time, Capesize deliveries were reported to be well below their long-term average, limiting near-term fleet supply. (Motley Fool, GlobeNewswire)
Genco’s dividend is highly exposed to volatile spot freight rates: only 66% of third-quarter available days were fixed when it issued its outlook. The projected payout above $1 per share depends on the forward freight curve, so it could fall sharply if rates normalise. (Longbridge, Seeking Alpha)
Fleet expansion is increasing financial commitments. Debt stood at $330 million at the end of June and was expected to reach about $380 million after the Genco Volunteer acquisition, while $58.5 million of purchase costs remained to be paid. (GlobeNewswire, Longbridge)
The shares may already reflect much of the favourable cycle. A recent valuation analysis placed normalised fair value 14% below the market price, while the latest dividend outlook relies on freight rates that are already near multi-year highs. (Seeking Alpha, Insider Monkey)
Data summarised monthly by Lightyear AI. Last updated on 20 Sept 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
AllEURUSDGBP
Fund name | Fund size | $GNK weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.03% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.01% |
SPDR MSCI All Country World IM€SPYI | €7.5B | 0.00% |
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 sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.