Genco Shipping & Trading (GNK) Stock Price, News & Analysis

Company Overview

Genco Shipping & Trading Limited (NYSE:GNK) is a drybulk shipping company that owns and operates a fleet of oceangoing vessels. The company transports essential commodities, including iron ore, grain, coal and other major and minor bulk cargoes, for customers around the world.

Genco’s fleet includes large Capesize vessels as well as Ultramax, Supramax and Handysize ships. These vessels serve different segments of the drybulk market and support the movement of raw materials used in energy production, agriculture, construction and industrial manufacturing.

Founded in 1997 and headquartered in New York, Genco serves international trade routes across major global commodity markets. The company became a publicly traded business in 2005 and expanded its presence in the drybulk sector through the acquisition of Baltic Trading Limited in 2015.

John C. Wobensmith serves as Genco’s president and chief executive officer. The company focuses on commercial and technical vessel management, safety, operational efficiency and providing reliable transportation services to its worldwide customer base.

Key Stats

• Today's Range: $24.62 to $25.13
• 50-Day Range: $24.43 to $28.17
• 52-Week Range: $15.58 to $28.42
• Volume: 426,745 shs
• Average Volume: 448,311 shs
• Market Capitalization: $1.08 billion
• P/E Ratio: 27.25
• Dividend Yield: 12.91%
• Price Target: $29.00
• Consensus Rating: Hold

Genco Shipping & Trading Stock Analysis - MarketRank™

Genco Shipping & Trading scored higher than 55% of companies evaluated by MarketBeat, and ranked 425th out of 656 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Hold

Consensus Rating

Genco Shipping & Trading has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Genco Shipping & Trading has a consensus price target of $29.00, representing about 17.0% upside from its current price of $24.79.

Amount of Analyst Coverage

Genco Shipping & Trading has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -46.40%

Earnings Growth

Earnings for Genco Shipping & Trading are expected to decrease by -46.40% in the coming year, from $2.22 to $1.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Genco Shipping & Trading is 27.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 27.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Genco Shipping & Trading is 27.25, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 33.63.

Price to Earnings Growth Ratio

Genco Shipping & Trading has a PEG Ratio of 3.00. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Genco Shipping & Trading has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.29% of the float of Genco Shipping & Trading has been sold short.

Short Interest Ratio / Days to Cover

Genco Shipping & Trading has a short interest ratio ("days to cover") of 3.94, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Genco Shipping & Trading has recently increased by 22.52%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Genco Shipping & Trading is a leading dividend payer. It pays a dividend yield of 12.48%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Genco Shipping & Trading does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Genco Shipping & Trading is 351.65%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Genco Shipping & Trading will have a dividend payout ratio of 268.91% in the coming year. This indicates that Genco Shipping & Trading may not be able to sustain their current dividend.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Genco Shipping & Trading has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Genco Shipping & Trading this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for GNK on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

8 people have added Genco Shipping & Trading to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Genco Shipping & Trading insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.08% of the stock of Genco Shipping & Trading is held by insiders.

Percentage Held by Institutions

58.62% of the stock of Genco Shipping & Trading is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/05/2026
• Record date for 8/24 Dividend: 8/17/2026
• Ex-Dividend for 8/24 Dividend: 8/17/2026
• Dividend Payable: 8/24/2026
• Today: 11/03/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Marine Transportation
• Sub-Industry: Marine Transportation
• Current Symbol: NYSE:GNK
• Previous Symbol: OTCBB:GSKNF
• CIK: 1326200
• Web: www.gencoshipping.com
• Phone: (646) 443-8550
• Fax: 646-443-8551
• Employees: 1,056
• Year Founded: 2004

Price Target and Rating

• Average Price Target for Genco Shipping & Trading: $29.00
• High Price Target: $29.00
• Low Price Target: $29.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.91
• Trailing P/E Ratio: 27.25
• Forward P/E Ratio: 20.84
• P/E Growth: 3
• Net Income: -$4.37 million
• Net Margins: 9.15%
• Pretax Margin: 9.21%
• Return on Equity: 6.46%
• Return on Assets: 4.83%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 2.97
• Quick Ratio: 2.41

Sales & Book Value

• Annual Sales: $342.05 million
• Price / Sales: 3.16
• Cash Flow: $2.71 per share
• Price / Cash Flow: 9.14
• Book Value: $20.76 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 43,590,000
• Free Float: 42,680,000
• Market Cap: $1.08 billion
• Optionable: Optionable
• Beta: 0.96