Genco Shipping & Trading Limited (GNK)
$
13.24
+0.15 (1.13%)
Key metrics
Financial statements
Free cash flow per share
0.8911
Market cap
568.8 Million
Price to sales ratio
1.5093
Debt to equity
0.0987
Current ratio
1.7883
Income quality
2.1398
Average inventory
22.8 Million
ROE
0.0496
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 $237,667,000.00 it reflects the organization's overall spending. The EBITDA is $159,868,432.00 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 $568,783,780.00 the company is classified as a small-cap player. The stock is affordable at $13.09 making it suitable for budget-conscious investors. Additionally, the stock has a low average trading volume of 759,917.00 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.
Is Genco Shipping & Trading Limited (GNK) a good investment?
Investing in Genco Shipping & Trading Limited (GNK) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as A, with a Bearish outlook. Always conduct your own research before investing.
What is Genco Shipping & Trading Limited (GNK)'s stock forecast?
Analysts predict Genco Shipping & Trading Limited stock to fluctuate between $11.20 (low) and $22.68 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Genco Shipping & Trading Limited's market capitalization?
As of 2025-05-30, Genco Shipping & Trading Limited's market cap is $568,783,780, based on 42,959,500 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.
Does Genco Shipping & Trading Limited pay dividends?
Genco Shipping & Trading Limited pays dividends. The current dividend yield is 9.13%, with a payout of $0.15 per share.
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.
Has Genco Shipping & Trading Limited stock ever split?
Genco Shipping & Trading Limited's last stock split was 1:10 on 2016-07-08.
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 Shipping & Trading faces challenges due to lower fleet utilization of larger vessels and rising operational costs, impacting profitability and cash flow volatility. The strong performance in FY2024 driven by Chinese demand and Suez Canal inefficiencies is unlikely to be sustained in FY2025, leading to potential revenue declines. Global trade uncertainties, tariffs, and rising fuel prices pose significant headwinds, making the shipping industry's outlook bleak and impacting Genco's financial stability.
seekingalpha.com
Genco Shipping & Trading Limited (NYSE:GNK ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Peter Allen - Chief Financial Officer John Wobensmith - Chief Executive Officer Michael Orr - Vice President of Finance Conference Call Participants Omar Nokta - Jefferies Liam Burke - B. Riley Securities, Inc. Poe Fratt - Alliance Global Partners Operator Good morning, ladies and gentlemen, and welcome to the Genco Shipping & Trading Limited First Quarter 2025 Earnings Conference Call and Presentation.
zacks.com
Genco Shipping & Trading (GNK) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.49 per share a year ago.
globenewswire.com
NEW YORK, April 16, 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 first quarter of 2025 on Thursday, May 8, 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 first quarter ended March 31, 2025 on Wednesday, May 7, 2025 after the close of market trading.
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.
See all news
