Golden Ocean Group (GOGL) Expected to Announce Earnings on Wednesday

Key Points

• Golden Ocean Group is expected to announce its Q2 2025 earnings before the market opens on August 27, with analysts projecting a loss of ($0.03) per share and revenue of $124.20 million.
• The company recently reported a loss of ($0.19) per share for the previous quarter, falling short of the expected ($0.10), although revenue exceeded projections at $115 million.
• Several brokerages have rated Golden Ocean Group's stock as a "hold," with a current consensus target price of $10.25, amid recent modifications in institutional holdings.

Golden Ocean Group (NASDAQ:GOGL - Get Free Report) is expected to be releasing its Q2 2025 results before the market opens on Wednesday, August 27th. Analysts expect Golden Ocean Group to post earnings of ($0.03) per share and revenue of $124.20 million for the quarter. Parties are encouraged to explore the company's upcoming Q2 2025 earningoverview page for the latest details on the call scheduled for Friday, August 29, 2025 at 8:00 AM ET.

Golden Ocean Group (NASDAQ:GOGL - Get Free Report) last issued its quarterly earnings data on Wednesday, May 21st. The shipping company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.09). The company had revenue of $115.00 million for the quarter, compared to analyst estimates of $106.48 million. Golden Ocean Group had a return on equity of 5.56% and a net margin of 13.16%. On average, analysts expect Golden Ocean Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Golden Ocean Group Stock Performance

NASDAQ GOGL remained flat at $7.98 on Friday. The business has a 50 day simple moving average of $8.11 and a 200 day simple moving average of $8.05. The stock has a market cap of $1.59 billion, a PE ratio of 14.00 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.81 and a quick ratio of 0.81. Golden Ocean Group has a twelve month low of $6.27 and a twelve month high of $13.44.

Institutional Investors Weigh In On Golden Ocean Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC bought a new position in shares of Golden Ocean Group in the 1st quarter valued at about $237,000. Goldman Sachs Group Inc. boosted its position in Golden Ocean Group by 109.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,490,464 shares of the shipping company's stock valued at $11,894,000 after purchasing an additional 778,687 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Golden Ocean Group by 184.6% during the second quarter. JPMorgan Chase & Co. now owns 191,016 shares of the shipping company's stock valued at $1,398,000 after purchasing an additional 123,903 shares during the last quarter. Legal & General Group Plc increased its position in shares of Golden Ocean Group by 7.4% during the 2nd quarter. Legal & General Group Plc now owns 125,659 shares of the shipping company's stock worth $928,000 after purchasing an additional 8,695 shares during the last quarter. Finally, Prudential Financial Inc. acquired a new position in shares of Golden Ocean Group during the 2nd quarter worth approximately $93,000. 22.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen began coverage on Golden Ocean Group in a report on Thursday, May 22nd. They issued a "hold" rating on the stock. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $10.25.

About Golden Ocean Group

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers.