B. Riley Has Pessimistic Outlook of GNK Q4 Earnings

Key Points

• B. Riley has lowered its Q4 2025 earnings per share (EPS) estimate for Genco Shipping & Trading from $0.25 to $0.19.
• The shipping company reported a net loss of ($0.14) per share for the last quarter, despite slightly exceeding analyst expectations.
• Currently, Genco Shipping & Trading has a consensus rating of “Buy” among analysts, with a target price of $21.00.

Genco Shipping & Trading Limited (NYSE:GNK - Free Report) - Equities researchers at B. Riley decreased their Q4 2025 EPS estimates for Genco Shipping & Trading in a research report issued to clients and investors on Thursday, October 23rd. B. Riley analyst L. Burke now expects that the shipping company will earn $0.19 per share for the quarter, down from their previous estimate of $0.25. The consensus estimate for Genco Shipping & Trading's current full-year earnings is $0.48 per share.

Genco Shipping & Trading (NYSE:GNK - Get Free Report) last announced its earnings results on Wednesday, August 6th. The shipping company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.01. Genco Shipping & Trading had a net margin of 4.40% and a return on equity of 1.40%. The business had revenue of $46.90 million during the quarter, compared to analysts' expectations of $50.19 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The firm's revenue was down 24.4% on a year-over-year basis.

Several other analysts have also issued reports on GNK. Jefferies Financial Group reaffirmed a "buy" rating and set a $19.00 price target on shares of Genco Shipping & Trading in a research report on Thursday, August 7th. SEB Equity Research set a $23.00 price objective on shares of Genco Shipping & Trading in a research report on Friday, September 26th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Genco Shipping & Trading in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $21.00.

Genco Shipping & Trading Stock Performance

Shares of GNK opened at $16.15 on Friday. Genco Shipping & Trading has a 12 month low of $11.20 and a 12 month high of $19.60. The firm has a fifty day simple moving average of $17.22 and a 200 day simple moving average of $15.10. The stock has a market capitalization of $693.59 million, a price-to-earnings ratio of 47.49 and a beta of 1.22. The company has a current ratio of 1.63, a quick ratio of 1.20 and a debt-to-equity ratio of 0.10.

Genco Shipping & Trading Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Monday, August 18th were paid a $0.15 dividend. The ex-dividend date was Monday, August 18th. This represents a $0.60 annualized dividend and a dividend yield of 3.7%. Genco Shipping & Trading's dividend payout ratio is 176.47%.

Insider Activity at Genco Shipping & Trading

In related news, insider Jesper Christensen sold 34,202 shares of the company's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $18.06, for a total value of $617,688.12. Following the transaction, the insider directly owned 69,363 shares in the company, valued at approximately $1,252,695.78. This represents a 33.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.37% of the company's stock.

Hedge Funds Weigh In On Genco Shipping & Trading

Institutional investors and hedge funds have recently modified their holdings of the business. Townsend & Associates Inc grew its stake in shares of Genco Shipping & Trading by 17.7% in the first quarter. Townsend & Associates Inc now owns 1,261,959 shares of the shipping company's stock valued at $15,484,000 after acquiring an additional 190,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Genco Shipping & Trading by 6,887.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,676,967 shares of the shipping company's stock valued at $22,404,000 after acquiring an additional 1,652,966 shares in the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of Genco Shipping & Trading in the first quarter valued at about $869,000. American Century Companies Inc. grew its stake in Genco Shipping & Trading by 7.4% during the first quarter. American Century Companies Inc. now owns 1,462,880 shares of the shipping company's stock worth $19,544,000 after buying an additional 101,283 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in Genco Shipping & Trading by 1,119.1% during the first quarter. GAMMA Investing LLC now owns 4,462 shares of the shipping company's stock worth $60,000 after buying an additional 4,096 shares in the last quarter. 58.62% of the stock is currently owned by institutional investors and hedge funds.

About Genco Shipping & Trading

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, bauxite, steel products, and other drybulk cargoes. It operates through the Major Bulk and Minor Bulk segments. The Major Bulk segment focuses on Capesize vessels. The Minor Bulk segment consists of Ultramax and Supramax vessels.

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