Genco Shipping/$GNK

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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

1,037

Genco Shipping Metrics

BasicAdvanced
$791M
51.79
$0.36
1.16
$1.00
3.26%

What the Analysts think about Genco Shipping

Analyst ratings (Buy, Hold, Sell) for Genco Shipping stock.

Bulls say / Bears say

Genco maintained its Q2 2025 dividend at $0.15 per share—the 24th consecutive quarterly payout—highlighting its disciplined capital return strategy despite market volatility (Investing.com)
Management has fixed 70% of Q3 2025 available days at an estimated TCE of $15,926 per day, up over 17% from its Q2 average TCE, enhancing revenue visibility into the improved drybulk rate environment (Investing.com)
Industry fundamentals remain supportive as approximately 30% of the global drybulk fleet will exceed 20 years of age by 2030 and Guinean bauxite exports surged 35% y/y to 93 million tons in H1 2025, underpinning long-term ton-mile demand for Genco’s capesize segment (Investing.com)
Genco posted a Q2 2025 net loss of $6.8 million ($0.16 per share), marking its second consecutive quarterly loss and reflecting persistent freight rate headwinds (Investing.com)
The capesize index dipped 2.1% to 2,818—its lowest since June 4—dragging the broader Baltic Dry Index to a more-than two-week low and underscoring volatility that could pressure Genco’s core segment earnings (Reuters)
Cumulative dividends of $6.915 per share, equating to roughly 41% of the current share price, represent a high payout ratio that may strain cash flows if spot rates deteriorate further (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2025.

Genco Shipping Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Genco Shipping Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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.

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