Grindrod Shipping/GRIN

$9.05

-3.2%
-
1D1W1MYTD1YMAX

About Grindrod Shipping

Grindrod Shipping Holdings Ltd. is a Singapore-based shipping company that owns, charters-in and operates a fleet of drybulk carriers. The Company operates the drybulk carriers’ business, which is divided into three segments: Handysize, Supramax/Ultramax, and Others. The drybulk business, which operates under the brand Island View Shipping (IVS), includes a core fleet of approximately 29 vessels, consisting of 14 handysize drybulk carriers and 15 supramax/ultramax drybulk carriers. Its drybulk carriers transport a range of major and minor bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers, along worldwide shipping routes and are employed in pools of similarly sized vessels or in the spot market. Its subsidiaries include Comshipco Schiffahrtsagentur GmBH, Grindrod Shipping Pte. Ltd., Grindrod Shipping Services UK Limited, Grindrod Shipping (South Africa) (Pty) Ltd, IM Shipping Pte. Ltd., and IVS Bulk Pte. Ltd., among others.
Ticker
GRIN
Sector
Industrials
Trading on
NASDAQ
Industry
Water Transportation
CEO
Edward Buttery
Employees
607
Headquarters
Singapore, Singapore

GRIN Metrics

BasicAdvanced
$178.15M
Market cap
-
P/E ratio
-$0.61
EPS
0.73
Beta
$0.06
Dividend rate
1.33%
Dividend yield

What the Analysts think about GRIN

Analyst Ratings

Majority rating from 1 analysts.
Buy

Price Targets

Average projection from 1 analysts.
38.12% upside
High $12.50
Low $12.50
$9.05
Current price
$12.50
Average price target

GRIN Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-7.47% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$112.4M
3.12%
Net income
$-8.4M
-252.73%
Profit margin
-7.47%
-248.21%

GRIN Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 105.61%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
-$0.24
-$0.22
$0.28
-$0.44
-
Expected
$0.74
-$0.63
-$0.21
-$0.21
-$0.17
Surprise
-132.3%
-65.08%
-233.33%
105.61%
-
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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