Golden Ocean Group (GOGL) Expected to Announce Quarterly 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 anticipated to announce its Q2 2025 results before the market opens on Wednesday, August 27th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $124.20 million for the quarter. Investors may review the information on the company's upcoming Q2 2025 earningreport 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 announced its earnings results 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 during the quarter, compared to the consensus estimate 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 Price Performance

NASDAQ GOGL remained flat at $7.98 on Friday. The stock has a market cap of $1.59 billion, a price-to-earnings 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. The company's 50 day moving average price is $8.11 and its 200 day moving average price is $8.07. Golden Ocean Group has a 1-year low of $6.27 and a 1-year high of $13.44.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GOGL. EverSource Wealth Advisors LLC boosted its holdings in shares of Golden Ocean Group by 57.1% in the second quarter. EverSource Wealth Advisors LLC now owns 3,735 shares of the shipping company's stock valued at $27,000 after purchasing an additional 1,357 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Golden Ocean Group by 38.7% in the second quarter. BNP Paribas Financial Markets now owns 10,091 shares of the shipping company's stock valued at $74,000 after purchasing an additional 2,813 shares during the period. Prudential Financial Inc. purchased a new stake in shares of Golden Ocean Group in the second quarter valued at approximately $93,000. Corient Private Wealth LLC boosted its holdings in shares of Golden Ocean Group by 11.5% in the second quarter. Corient Private Wealth LLC now owns 13,757 shares of the shipping company's stock valued at $101,000 after purchasing an additional 1,416 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of Golden Ocean Group in the second quarter valued at approximately $155,000. Hedge funds and other institutional investors own 22.00% of the company's stock.

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.