GNK vs. GSL, TNP, NVGS, EGLE, ASC, TK, SB, NMM, CMRE, and OSG
Should you be buying Genco Shipping & Trading stock or one of its competitors? The main competitors of Genco Shipping & Trading include Global Ship Lease (GSL), Tsakos Energy Navigation (TNP), Navigator (NVGS), Eagle Bulk Shipping (EGLE), Ardmore Shipping (ASC), Teekay (TK), Safe Bulkers (SB), Navios Maritime Partners (NMM), Costamare (CMRE), and Overseas Shipholding Group (OSG).
Global Ship Lease (NYSE:GSL) and Genco Shipping & Trading (NYSE:GNK) are both small-cap transportation companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, media sentiment, analyst recommendations, profitability, risk, community ranking and dividends.
Global Ship Lease has higher revenue and earnings than Genco Shipping & Trading. Genco Shipping & Trading is trading at a lower price-to-earnings ratio than Global Ship Lease, indicating that it is currently the more affordable of the two stocks.
50.1% of Global Ship Lease shares are held by institutional investors. Comparatively, 58.6% of Genco Shipping & Trading shares are held by institutional investors. 7.4% of Global Ship Lease shares are held by company insiders. Comparatively, 2.5% of Genco Shipping & Trading shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Global Ship Lease pays an annual dividend of $1.50 per share and has a dividend yield of 6.5%. Genco Shipping & Trading pays an annual dividend of $1.64 per share and has a dividend yield of 7.4%. Global Ship Lease pays out 18.0% of its earnings in the form of a dividend. Genco Shipping & Trading pays out -529.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Genco Shipping & Trading has raised its dividend for 1 consecutive years. Genco Shipping & Trading is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Genco Shipping & Trading received 175 more outperform votes than Global Ship Lease when rated by MarketBeat users. Likewise, 61.75% of users gave Genco Shipping & Trading an outperform vote while only 59.58% of users gave Global Ship Lease an outperform vote.
Global Ship Lease has a net margin of 45.12% compared to Global Ship Lease's net margin of -3.35%. Genco Shipping & Trading's return on equity of 29.87% beat Global Ship Lease's return on equity.
Global Ship Lease presently has a consensus price target of $25.00, indicating a potential upside of 7.90%. Genco Shipping & Trading has a consensus price target of $21.00, indicating a potential downside of 5.23%. Given Genco Shipping & Trading's stronger consensus rating and higher probable upside, equities research analysts plainly believe Global Ship Lease is more favorable than Genco Shipping & Trading.
In the previous week, Genco Shipping & Trading had 2 more articles in the media than Global Ship Lease. MarketBeat recorded 7 mentions for Genco Shipping & Trading and 5 mentions for Global Ship Lease. Genco Shipping & Trading's average media sentiment score of 0.65 beat Global Ship Lease's score of 0.05 indicating that Global Ship Lease is being referred to more favorably in the media.
Global Ship Lease has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Comparatively, Genco Shipping & Trading has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500.
Summary
Global Ship Lease beats Genco Shipping & Trading on 12 of the 21 factors compared between the two stocks.
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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.
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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