Genco Shipping & Trading Limited (GNK)
$
13.36
Key metrics
Financial statements
Free cash flow per share
1.6275
Market cap
571.2 Million
Price to sales ratio
1.3504
Debt to equity
0.0001
Current ratio
2.4100
Income quality
1.6620
Average inventory
11.1 Billion
ROE
0.0003
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Genco Shipping & Trading Limited, along with its subsidiaries, operates in the ocean transportation of dry bulk cargoes globally, emphasizing its commitment to efficiency and profitability. The EBITDA ratio is 0.38 highlighting the company's operational efficiency. Reporting a total costs and expenses figure of $335,967,000.00 it reflects the organization's overall spending. The EBITDA is $159,897,000.00 serving as a key indicator of the company's operational profitability, while the reported depreciation and amortization expenses of $70,104,000.00 demonstrate the wear and tear of its assets. Additionally, the company incurred an income tax expense of $0.00 which signifies its tax obligations. As of December 31, 2021, Genco's fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax vessels, with a total capacity of approximately 4,636,000 deadweight tons. Incorporated in 2004 and headquartered in New York, New York, Genco Shipping & Trading Limited plays a significant role in the maritime transportation industry. With a market capitalization of $571,245,544.00 the company is classified as a small-cap player. The stock is affordable at $13.41 making it suitable for budget-conscious investors. Additionally, the stock has a low average trading volume of 623,185.00 indicating lower market activity. As a key player in the Marine Shipping industry, Genco contributes significantly to the overall market landscape and belongs to the Industrials sector, driving innovation and growth. This positioning highlights the company's crucial role in the transportation of essential commodities such as iron ore, coal, grains, and steel products, while actively serving trading houses, producers, and government-owned entities through its reliable shipping services.
What is Genco Shipping & Trading Limited (GNK)'s stock forecast?
Analysts predict Genco Shipping & Trading Limited stock to fluctuate between $13.08 (low) and $23.43 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Genco Shipping & Trading Limited's market capitalization?
As of 2025-04-01, Genco Shipping & Trading Limited's market cap is $571,245,544, based on 42,757,900 outstanding shares.
How does Genco Shipping & Trading Limited compare to competitors like GE Aerospace?
Compared to GE Aerospace, Genco Shipping & Trading Limited has a Lower Market-Cap, indicating a difference in performance.
How can I buy Genco Shipping & Trading Limited (GNK) stock?
To buy Genco Shipping & Trading Limited (GNK) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for GNK. Place an order (Market, Limit, etc.).
What is the best time to invest in Genco Shipping & Trading Limited?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
How did Genco Shipping & Trading Limited perform in the last earnings report?
Revenue: $423,016,000 | EPS: $1.77 | Growth: -690%.
Where can I find Genco Shipping & Trading Limited's investor relations reports?
Visit https://www.gencoshipping.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Genco Shipping & Trading Limited?
You can explore historical data from here
What is the all-time high and low for Genco Shipping & Trading Limited stock?
All-time high: $27.15 (2022-06-06) | All-time low: $7.52 (2021-01-29).
What are the key trends affecting Genco Shipping & Trading Limited stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Genco's current stock price offers value, trading at a discount to book value with an over 8% dividend yield despite a recent cut. The Baltic Drybulk Index's seasonal low impacts Genco's revenue and dividend but presents upside potential as spot prices are expected to rise. Genco's strategic capital management, including vessel acquisitions during low BDI periods, demonstrates strong operational foresight and resilience.
seekingalpha.com
Genco Shipping & Trading Limited (NYSE:GNK ) Q4 2024 Earnings Call February 20, 2025 8:30 AM ET Company Participants Peter Allen - Chief Financial Officer John Wobensmith - Chief Executive Officer Michael Orr - Assistant Vice President, Finance Conference Call Participants Omar Nokta - Jefferies Chris Robertson - Deutsche Bank Sherif Elmaghrabi - BTIG Poe Fratt - Alliance Global Partners Operator Good morning, ladies and gentlemen and welcome to the Genco Shipping & Trading Limited Fourth Quarter 2024 Earnings Conference Call and Presentation. Before we begin, please note that there will be a slide presentation accompanying today's conference call.
zacks.com
Genco Shipping & Trading (GNK) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.43 per share a year ago.
globenewswire.com
Declares Dividend of $0.30 per share for Q4 2024 Represents Genco's 22 nd Consecutive Quarterly Dividend
globenewswire.com
NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2024 on Thursday, February 20, 2025 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the fourth quarter ended December 31, 2024 on Wednesday, February 19, 2025 after the close of market trading.
seekingalpha.com
The wider correction observed in the dry bulk stocks has been unwarranted indeed, attributed to the still higher spot rates and ongoing supply demand imbalance. The same has been observed in GNK's higher contracted TCE rates, richer adj EBITDA margins, healthier balance sheet, and richer dividend policy. This is on top of the management's similarly promising FQ4'24 guidance, with investors likely looking forward to another rich payout ahead.
seekingalpha.com
Low leverage and efficient, and a diversified fleet ensures stability in volatile markets. Operational resilience and competent management enables continued dividend payments. Strong dividend policy offers both income stability and growth potential.
youtube.com
Genco Shipping and Trading CEO John Wobensmith discusses the potential impact of U.S. tariffs on global trade and shipping.
seekingalpha.com
Genco Shipping & Trading Limited (NYSE:GNK ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants John Wobensmith - Chief Executive Officer Peter Allen - Chief Financial Officer Michael Orr - DryBulk Market Analyst Conference Call Participants Omar Nokta - Jeffries Liam Burke - B. Riley Securities Sherif Elmaghrabi - BTIG Bendik Nyttingnes - Clarkson Securities Operator Good morning, ladies and gentlemen and welcome to the Genco Shipping and Trading Limited Third Quarter 2024 Earnings Conference Call and Presentation before we begin, please note that there will be a slide presentation accompanying today's conference call.
benzinga.com
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
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