Golden Ocean/GOGL

$11.96

3.37%
-
1D1W1MYTD1YMAX

About Golden Ocean

Golden Ocean Group Limited is a Bermuda-based international dry bulk shipping company. The Company owns and operates a fleet of dry bulk vessels, comprising Newcastlemax, Capesize, Panamax and Ultramax vessels. Its vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. Its vessels operate in the spot and time charter markets. It owns 81 dry bulk vessels and has construction contracts for seven new buildings. In addition, it has 11 vessels chartered-in (of which seven and one are chartered in on finance leases and operating leases, respectively, from SFL Corporation Ltd. (SFL) and three chartered in on operating leases from unrelated third parties). Six of its vessels are chartered-out on fixed rate time charters, 31 of its vessels are chartered out on index-linked-rate time charters and the remaining 55 vessels operate on the spot market.

Ticker

GOGL

Sector

Industrials

Trading on

NASDAQ

Industry

Water Transportation

CEO

Ola Lorentzon

Employees

38

Headquarters

Hamilton, Bermuda

Golden Ocean Metrics

BasicAdvanced
$2.38B
Market cap
19.62
P/E ratio
$0.61
EPS
1.41
Beta
$0.75
Dividend rate
3.36%
Dividend yield

What the Analysts think about Golden Ocean

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 6 analysts.
0.17% upside
High $15.00
Low $9.00
$11.96
Current price
$11.98
Average price target

Golden Ocean Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.95% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$221.6M
3.89%
Net income
$28.7M
-17.53%
Profit margin
12.95%
-20.6%

Golden Ocean Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 121.05%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
$0.31
-$0.04
$0.17
$0.14
-
Expected
$0.21
-$0.05
$0.11
$0.06
$0.27
Surprise
45.65%
-23.81%
49.56%
121.05%
-
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.

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