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Genco Shipping & Trading (GNK) Competitors

$21.74
-0.33 (-1.50%)
(As of 06/7/2024 08:52 PM ET)

GNK vs. TRMD, ZIM, SBLK, CDLR, SFL, DHT, DAC, CMRE, LPG, and NMM

Should you be buying Genco Shipping & Trading stock or one of its competitors? The main competitors of Genco Shipping & Trading include TORM (TRMD), ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers (SBLK), Cadeler A/S (CDLR), SFL (SFL), DHT (DHT), Danaos (DAC), Costamare (CMRE), Dorian LPG (LPG), and Navios Maritime Partners (NMM). These companies are all part of the "deep sea foreign transportation of freight" industry.

Genco Shipping & Trading vs.

TORM (NASDAQ:TRMD) and Genco Shipping & Trading (NYSE:GNK) are both transportation companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, community ranking, dividends, analyst recommendations, earnings, media sentiment, institutional ownership and profitability.

Genco Shipping & Trading received 315 more outperform votes than TORM when rated by MarketBeat users. Likewise, 61.78% of users gave Genco Shipping & Trading an outperform vote while only 35.71% of users gave TORM an outperform vote.

CompanyUnderperformOutperform
TORMOutperform Votes
5
35.71%
Underperform Votes
9
64.29%
Genco Shipping & TradingOutperform Votes
320
61.78%
Underperform Votes
198
38.22%

TORM has higher revenue and earnings than Genco Shipping & Trading. TORM is trading at a lower price-to-earnings ratio than Genco Shipping & Trading, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TORM$1.52B1.96$648.27M$7.464.90
Genco Shipping & Trading$383.83M2.42-$12.87M$0.06362.33

In the previous week, Genco Shipping & Trading had 1 more articles in the media than TORM. MarketBeat recorded 5 mentions for Genco Shipping & Trading and 4 mentions for TORM. Genco Shipping & Trading's average media sentiment score of 1.78 beat TORM's score of 0.92 indicating that TORM is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TORM
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Genco Shipping & Trading
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

73.9% of TORM shares are owned by institutional investors. Comparatively, 58.6% of Genco Shipping & Trading shares are owned by institutional investors. 0.4% of TORM shares are owned by company insiders. Comparatively, 2.5% of Genco Shipping & Trading shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

TORM pays an annual dividend of $4.38 per share and has a dividend yield of 12.0%. Genco Shipping & Trading pays an annual dividend of $1.68 per share and has a dividend yield of 7.7%. TORM pays out 58.7% of its earnings in the form of a dividend. Genco Shipping & Trading pays out 2,800.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Genco Shipping & Trading has increased its dividend for 1 consecutive years. TORM is clearly the better dividend stock, given its higher yield and lower payout ratio.

TORM has a beta of 0.25, meaning that its stock price is 75% less volatile than the S&P 500. Comparatively, Genco Shipping & Trading has a beta of 1, meaning that its stock price has a similar volatility profile to the S&P 500.

Genco Shipping & Trading has a consensus price target of $25.00, indicating a potential upside of 15.00%. Given TORM's higher probable upside, analysts clearly believe Genco Shipping & Trading is more favorable than TORM.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TORM
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Genco Shipping & Trading
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

TORM has a net margin of 42.64% compared to TORM's net margin of 0.81%. Genco Shipping & Trading's return on equity of 36.99% beat TORM's return on equity.

Company Net Margins Return on Equity Return on Assets
TORM42.64% 36.99% 20.95%
Genco Shipping & Trading 0.81%5.15%4.25%

Summary

TORM and Genco Shipping & Trading tied by winning 10 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GNK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GNK vs. The Competition

MetricGenco Shipping & TradingDeep sea foreign transportation of freight IndustryTransportation SectorNYSE Exchange
Market Cap$929.56M$1.08B$10.24B$17.91B
Dividend Yield7.73%5.48%3.71%3.56%
P/E Ratio362.3314.6521.3025.05
Price / Sales2.422.0522.5614.20
Price / Cash9.015.6815.9319.35
Price / Book1.010.972.054.99
Net Income-$12.87M$95.29M$669.45M$975.94M
7 Day Performance-3.46%1.01%-1.01%-1.87%
1 Month Performance-4.21%7.61%0.25%-1.65%
1 Year Performance55.56%63.07%15.19%9.19%

Genco Shipping & Trading Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRMD
TORM
2.7014 of 5 stars
$36.56
-0.6%
N/A+46.4%$2.98B$1.52B4.90579Upcoming Earnings
Positive News
ZIM
ZIM Integrated Shipping Services
1.798 of 5 stars
$19.54
+1.0%
$12.01
-38.5%
+51.2%$2.35B$5.35B-0.924,778Ex-Dividend
Analyst Downgrade
News Coverage
SBLK
Star Bulk Carriers
3.2731 of 5 stars
$25.58
+0.2%
$31.00
+21.2%
+41.2%$2.15B$949.27M11.52216
CDLR
Cadeler A/S
3.5002 of 5 stars
$23.51
-2.0%
$35.00
+48.9%
N/A$2.06B$117.55M0.00570Positive News
SFL
SFL
0.8908 of 5 stars
$13.63
-1.4%
$12.33
-9.5%
+44.8%$1.89B$808.08M14.0521Positive News
DHT
DHT
3.002 of 5 stars
$11.58
-1.5%
$14.33
+23.8%
+42.4%$1.87B$560.56M11.031,212Positive News
DAC
Danaos
3.1495 of 5 stars
$94.30
-1.2%
$105.00
+11.3%
+45.2%$1.83B$973.58M3.201,718Positive News
CMRE
Costamare
1.8129 of 5 stars
$15.47
flat
$11.67
-24.6%
+71.0%$1.82B$1.51B6.002,750
LPG
Dorian LPG
3.0829 of 5 stars
$44.27
-1.5%
$43.00
-2.9%
+87.3%$1.80B$560.72M5.83602Gap Down
NMM
Navios Maritime Partners
3.9452 of 5 stars
$51.58
flat
N/A+144.5%$1.56B$1.31B3.902,020Gap Up

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This page (NYSE:GNK) was last updated on 6/10/2024 by MarketBeat.com Staff

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