Golden Ocean Group Limited (GOGL)
$
7.7
+0.24 (3.12%)
Key metrics
Financial statements
Free cash flow per share
1.3232
Market cap
1.5 Billion
Price to sales ratio
1.5855
Debt to equity
0.7262
Current ratio
1.2225
Income quality
1.6365
Average inventory
0
ROE
0.1162
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
Golden Ocean Group Limited, based in Hamilton, Bermuda, owns and operates a diverse fleet of dry bulk vessels, including Newcastlemax, Capesize, Panamax, and Ultramax vessels globally. The company's stock is identified with the symbol 'GOGL' in the market. It actively participates in the spot and time charter markets, transporting essential bulk commodities such as ores, coal, grains, and fertilizers. As of March 23, 2022, it operated a fleet of 81 dry bulk vessels. The company recorded an operating income of $314,341,000.00 reflecting its earnings from core operations, while also incurring an interest expense of $101,542,000.00 which highlights its debt servicing obligations. Furthermore, the company earned an interest income of $199,000.00 showcasing its financial investments. In terms of operational costs, it reported selling, general, and administrative expenses of $24,303,000.00 indicating its overhead expenditures associated with maintaining business functions. As a small-cap player with a market capitalization of $1,535,403,100.00 Golden Ocean Group Limited is recognized as a key player in the Marine Shipping industry, contributing significantly to the overall market landscape. The stock is currently affordable at $7.46 making it suitable for budget-conscious investors. Moreover, it has a high average trading volume of 4,235,241.00 indicating strong liquidity in the market. Belonging to the Industrials sector, the company is positioned to drive innovation and growth within its field. By owning and operating a range of vessels, Golden Ocean Group Limited plays a crucial role in the transportation of vital commodities, thus enhancing global trade dynamics.
Investing in Golden Ocean Group Limited (GOGL) 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.
Analysts predict Golden Ocean Group Limited stock to fluctuate between $6.27 (low) and $14.29 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-05-30, Golden Ocean Group Limited's market cap is $1,535,403,100, based on 199,403,000 outstanding shares.
Compared to GE Aerospace, Golden Ocean Group Limited has a Lower Market-Cap, indicating a difference in performance.
Golden Ocean Group Limited pays dividends. The current dividend yield is 10.39%, with a payout of $0.05 per share.
To buy Golden Ocean Group Limited (GOGL) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for GOGL. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Golden Ocean Group Limited's last stock split was 1:5 on 2016-08-01.
Revenue: $968,420,000 | EPS: $1.12 | Growth: 100%.
Visit https://www.goldenocean.bm/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $16.46 (2022-06-06) | All-time low: $4.71 (2021-01-29).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
globenewswire.com
HAMILTON, Bermuda, 28 May, 2025, 22:30 CEST – Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (“Golden Ocean”) and CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) are pleased to announce that they have signed an agreement and plan of merger (the “Merger Agreement”) for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025.
seekingalpha.com
Golden Ocean Group Limited (NASDAQ:GOGL ) Q1 2025 Results Conference Call May 21, 2025 9:00 AM ET Company Participants Peder Simonsen - Interim Chief Executive Officer and Chief Financial Officer Operator Good day, and thank you for standing by. Welcome to the First Quarter 2025 Golden Ocean Group Earnings Conference Call and Webcast.
globenewswire.com
Key information relating to the dividend to be paid by Golden Ocean Group Limited for the first quarter, 2025: Dividend amount: $0.05 per share Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK.
globenewswire.com
Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended March 31, 2025.
globenewswire.com
Golden Ocean Group Limited (the “Company”) will publish its financial results for the first quarter of 2025 on Wednesday May 21, 2025. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcast A conference call will be held at 3:00 P.M.
globenewswire.com
Golden Ocean Group Limited (the “Company”) advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 08:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2024 were presented to the Meeting.
globenewswire.com
HAMILTON, Bermuda, 22 April, 2025, 10.30 pm CET – Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (“Golden Ocean”) and CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) are pleased to announce that they have signed a term sheet (the “Term Sheet”) for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments.
zacks.com
GOGL and ORANY made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 16, 2025.
seekingalpha.com
Golden Ocean's share price has dropped significantly, making it an attractive entry point, especially with potential takeover interest from Cmb.Tech. Golden Ocean is a well-managed, shareholder-friendly company with a healthy dividend yield a strong balance sheet, trading at a low P/E ratio. Cmb.Tech's recent and substantial investments in Golden Ocean suggest a likely buy-out, offering significant upside potential from the current share price.
globenewswire.com
Golden Ocean Group Limited (the “Company”) announces that its 2025 Annual General Meeting will be held on May 8, 2025. A copy of the Notice of Annual General Meeting and associated information including the Company`s Consolidated Financial Statements on Form 20-F for 2024 can be found on our website at www.goldenocean.bm and in the links below.
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