Gener8 Maritime Company Profile (NASDAQ:GNRT)

About Gener8 Maritime (NASDAQ:GNRT)

Gener8 Maritime logoGener8 Maritime, Inc. is a provider of international seaborne crude oil transportation services. The Company operates through the transportation of international seaborne crude oil and petroleum products with its fleet of vessels segment. As of March 10, 2017, the Company owned a fleet of 40 tankers on the water, consisting of 24 Very Large Crude Carriers (VLCCs), 10 Suezmax vessels, four Aframax vessels and two Panamax vessels, with an aggregate carrying capacity of 9.4 million deadweight tons (DWT) and one eco VLCC newbuilding. As of March 10, 2017, approximately 77% of its total fleet carrying capacity based on DWT, including newbuildings, was focused on VLCC vessels. As of March 10, 2017, all of its VLCC vessels were deployed in Navig8 Group's VL8 Pool, all of its Suezmax vessels were deployed in Navig8 Group's Suez8 Pool and all of its Aframax vessels were deployed in the Navig8 Group's V8 Pool.

Industry, Sector and Symbol:
  • Sector: Energy
  • Industry: Sea-Borne Tankers
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GNRT
  • CUSIP: N/A
  • Web: www.gener8maritime.com/
Capitalization:
  • Market Cap: $401.66 million
  • Outstanding Shares: 82,988,000
Average Prices:
  • 50 Day Moving Avg: $4.72
  • 200 Day Moving Avg: $4.72
  • 52 Week Range: $3.52 - $5.69
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 22.00
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $372.58 million
  • Price / Sales: 1.08
  • Book Value: $16.64 per share
  • Price / Book: 0.29
Profitability:
  • EBIDTA: $212.72 million
  • Net Margins: -110.14%
  • Return on Equity: -23.25%
  • Return on Assets: -11.03%
Misc:
  • Average Volume: 184,929 shs.
  • Short Ratio: 3.96
 

Frequently Asked Questions for Gener8 Maritime (NASDAQ:GNRT)

What is Gener8 Maritime's stock symbol?

Gener8 Maritime trades on the NASDAQ under the ticker symbol "GNRT."

How were Gener8 Maritime's earnings last quarter?

Gener8 Maritime Inc (NASDAQ:GNRT) posted its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.05. The firm had revenue of $74.95 million for the quarter, compared to the consensus estimate of $76.55 million. Gener8 Maritime had a negative return on equity of 23.25% and a negative net margin of 110.14%. The company's revenue for the quarter was down 29.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.51 EPS. View Gener8 Maritime's Earnings History.

When will Gener8 Maritime make its next earnings announcement?

Gener8 Maritime is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Gener8 Maritime.

Where is Gener8 Maritime's stock going? Where will Gener8 Maritime's stock price be in 2017?

1 brokers have issued 12-month target prices for Gener8 Maritime's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate Gener8 Maritime's share price to reach $10.00 in the next twelve months. View Analyst Ratings for Gener8 Maritime.

Who are some of Gener8 Maritime's key competitors?

Who are Gener8 Maritime's key executives?

Gener8 Maritime's management team includes the folowing people:

  • Peter C. Georgiopoulos, Chairman of the Board, Chief Executive Officer
  • Leonard J. Vrondissis, Chief Financial Officer, Executive Vice President
  • John P. Tavlarios, Chief Operating Officer
  • Sean Bradley, Manager and Commercial Director of GMM
  • Milton H. Gonzales Jr., Manager, Technical Director and Maritime Compliance Officer of GMM
  • Nicolas Busch, Director and Consultant
  • Adam Pierce, Director
  • Ethan Auerbach, Independent Director
  • Daniel Ilany, Independent Director
  • Roger Schmitz, Independent Director

When did Gener8 Maritime IPO?

(GNRT) raised $270 million in an initial public offering on Thursday, June 25th 2015. The company issued 15,000,000 shares at $17.00-$19.00 per share. Citigroup, UBS, Jefferies and Evercore ISI served as the underwriters for the IPO and DNB Markets, ABN AMRO, Pareto Securities and Axia were co-managers.

Who owns Gener8 Maritime stock?

Gener8 Maritime's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlueMountain Capital Management LLC (9.45%), FMR LLC (8.44%), Vanguard Group Inc. (1.67%), State Street Corp (1.29%), UBS Oconnor LLC (1.04%) and Royce & Associates LP (1.04%). View Institutional Ownership Trends for Gener8 Maritime.

Who sold Gener8 Maritime stock? Who is selling Gener8 Maritime stock?

Gener8 Maritime's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, UBS Oconnor LLC, Wells Fargo & Company MN, Goldman Sachs Group Inc., Williams Jones & Associates LLC, Teachers Advisors LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Gener8 Maritime.

Who bought Gener8 Maritime stock? Who is buying Gener8 Maritime stock?

Gener8 Maritime's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Kennedy Capital Management Inc., State Street Corp, Nationwide Fund Advisors, Northern Trust Corp, Vanguard Group Inc., Royce & Associates LP and Schroder Investment Management Group. View Insider Buying and Selling for Gener8 Maritime.

How do I buy Gener8 Maritime stock?

Shares of Gener8 Maritime can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gener8 Maritime's stock price today?

One share of Gener8 Maritime stock can currently be purchased for approximately $4.84.


MarketBeat Community Rating for Gener8 Maritime (NASDAQ GNRT)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  172
MarketBeat's community ratings are surveys of what our community members think about Gener8 Maritime and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Gener8 Maritime (NASDAQ:GNRT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $10.00 (106.61% upside)

Analysts' Ratings History for Gener8 Maritime (NASDAQ:GNRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/21/2017Jefferies Group LLCReiterated RatingBuy$10.00LowView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$9.00 -> $5.00N/AView Rating Details
7/28/2016Citigroup Inc.Lower Price TargetBuy$12.00 -> $9.00N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$15.00N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Gener8 Maritime (NASDAQ:GNRT)
Earnings by Quarter for Gener8 Maritime (NASDAQ:GNRT)
Earnings History by Quarter for Gener8 Maritime (NASDAQ GNRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/13/2017($0.33)N/AView Earnings Details
8/1/2017Q2 2017($0.06)($0.11)$76.55 million$74.95 millionViewListenView Earnings Details
5/9/2017Q1 2017$0.43$0.46$114.54 million$121.06 millionViewListenView Earnings Details
3/13/2017Q4 2016$0.17$0.24$90.82 million$99.60 millionViewN/AView Earnings Details
11/14/2016Q316$0.02($0.01)$78.71 million$69.10 millionViewN/AView Earnings Details
7/27/2016Q216$0.53$0.51$109.89 million$105.96 millionViewN/AView Earnings Details
5/11/2016Q1$0.68$0.78$120.71 million$121.70 millionViewN/AView Earnings Details
3/15/2016Q415$0.62$0.61$110.50 million$102.76 millionViewN/AView Earnings Details
8/4/2015Q215$0.44$0.52$363.69 million$116.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gener8 Maritime (NASDAQ:GNRT)
2017 EPS Consensus Estimate: ($0.13)
2018 EPS Consensus Estimate: $0.65
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.40$0.46$0.43
Q2 20172($0.28)($0.09)($0.19)
Q3 20172($0.48)($0.21)($0.35)
Q4 20172($0.04)($0.02)($0.03)
Q1 20181$0.16$0.16$0.16
Q2 20181$0.17$0.17$0.17
Q3 20181$0.16$0.16$0.16
Q4 20181$0.16$0.16$0.16
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Gener8 Maritime (NASDAQ:GNRT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Gener8 Maritime (NASDAQ:GNRT)
Insider Trades by Quarter for Gener8 Maritime (NASDAQ:GNRT)
Institutional Ownership by Quarter for Gener8 Maritime (NASDAQ:GNRT)
Insider Trades by Quarter for Gener8 Maritime (NASDAQ:GNRT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2016Leonard J VrondissisVPSell14,312$5.30$75,853.60View SEC Filing  
6/26/2015Marine Holdings Tp L.P. OppsMajor ShareholderBuy36,594$13.25$484,870.50View SEC Filing  
6/25/2015John P TavlariosCOOBuy15,000$13.03$195,450.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gener8 Maritime (NASDAQ:GNRT)
Latest Headlines for Gener8 Maritime (NASDAQ:GNRT)
Source:
DateHeadline
finance.yahoo.com logoWeek 37: Crude Tanker Industry’s Weekly Update
finance.yahoo.com - September 20 at 3:53 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Upgraded to Hold by BidaskClub
www.americanbankingnews.com - September 16 at 10:32 AM
finance.yahoo.com logoAnalyst Recommendations for Frontline after Its 2Q17 Results
finance.yahoo.com - September 12 at 7:57 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Expected to Announce Quarterly Sales of $49.49 Million
www.americanbankingnews.com - September 7 at 6:32 AM
americanbankingnews.com logoContrasting Dorian LPG (LPG) and Gener8 Maritime (GNRT)
www.americanbankingnews.com - September 4 at 6:22 AM
americanbankingnews.com logoContrasting Gener8 Maritime (GNRT) and Nordic American Tankers Limited (NAT)
www.americanbankingnews.com - September 3 at 10:24 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - September 3 at 10:56 AM
finance.yahoo.com logoAnalysts’ Recommendations for Crude Tankers in Week 34
finance.yahoo.com - September 1 at 7:30 PM
finance.yahoo.com logoWhere Will Frontline’s Earnings Stand in 2Q17?
finance.yahoo.com - August 28 at 6:49 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Lifted to Sell at BidaskClub
www.americanbankingnews.com - August 25 at 8:28 PM
finance.yahoo.com logoMaxim Group Just Cut Its Target Price for This Tanking Company
finance.yahoo.com - August 21 at 6:32 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 19 at 9:26 AM
americanbankingnews.com logo$49.49 Million in Sales Expected for Gener8 Maritime Inc (GNRT) This Quarter
www.americanbankingnews.com - August 19 at 3:02 AM
americanbankingnews.com logo-$0.36 EPS Expected for Gener8 Maritime Inc (GNRT) This Quarter
www.americanbankingnews.com - August 17 at 10:28 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Upgraded by TheStreet to "C-"
www.americanbankingnews.com - August 11 at 3:24 PM
americanbankingnews.com logoComparing Gener8 Maritime (NASDAQ:GNRT) and Teekay Corporation (TK)
www.americanbankingnews.com - August 9 at 7:24 AM
bizjournals.com logoInitiating Research Reports on Shipping Equities -- Star Bulk Carriers, Rand Logistics, Costamare, and Gener8 Maritime
www.bizjournals.com - August 8 at 6:51 PM
finance.yahoo.com logoGener8 Maritime, Inc. – Value Analysis (NYSE:GNRT) : August 8, 2017
finance.yahoo.com - August 8 at 6:51 PM
americanbankingnews.com logoGener8 Maritime (GNRT) vs. International Seaways (INSW) Head-To-Head Review
www.americanbankingnews.com - August 7 at 12:12 PM
americanbankingnews.com logoJefferies Group LLC Reiterates Buy Rating for Gener8 Maritime Inc (NASDAQ:GNRT)
www.americanbankingnews.com - August 7 at 10:14 AM
americanbankingnews.com logoFY2018 Earnings Estimate for Gener8 Maritime Inc (GNRT) Issued By Jefferies Group
www.americanbankingnews.com - August 4 at 5:44 PM
americanbankingnews.com logoQ1 2018 EPS Estimates for Gener8 Maritime Inc (GNRT) Lowered by Seaport Global Securities
www.americanbankingnews.com - August 4 at 3:48 PM
finance.yahoo.com logoEdited Transcript of GNRT earnings conference call or presentation 1-Aug-17 12:00pm GMT
finance.yahoo.com - August 2 at 12:48 AM
finance.yahoo.com logoGener8 Maritime, Inc. Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 1 at 7:44 PM
finance.yahoo.com logoInvestor Network: Gener8 Maritime Inc to Host Earnings Call
finance.yahoo.com - August 1 at 7:44 PM
finance.yahoo.com logoGener8 Maritime reports 2Q loss
finance.yahoo.com - August 1 at 7:44 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS
www.americanbankingnews.com - August 1 at 9:26 AM
americanbankingnews.com logo$79.78 Million in Sales Expected for Gener8 Maritime Inc (NASDAQ:GNRT) This Quarter
www.americanbankingnews.com - August 1 at 8:05 AM
finance.yahoo.com logoGener8 Maritime, Inc. breached its 50 day moving average in a Bearish Manner : GNRT-US : July 27, 2017
finance.yahoo.com - July 27 at 7:44 PM
americanbankingnews.com logoZacks Investment Research Lowers Gener8 Maritime Inc (GNRT) to Sell
www.americanbankingnews.com - July 26 at 11:59 PM
americanbankingnews.com logoGener8 Maritime Inc (NASDAQ:GNRT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 25 at 9:41 AM
finance.yahoo.com logoGener8 Maritime, Inc. Announces Second Quarter 2017 Financial Results News Release and Conference Call Dates
finance.yahoo.com - July 20 at 4:57 PM
seekingalpha.com logoCan Dry Bulk Stocks Offer Insight To Time A Tanker Market Recovery?
seekingalpha.com - July 19 at 7:47 PM
finance.yahoo.com logoAnalysts’ Consensus Recommendation for Euronav: A ‘Buy’
finance.yahoo.com - July 17 at 10:01 AM
finance.yahoo.com logoGener8 Maritime: Best Performer YTD among Peers
finance.yahoo.com - July 14 at 2:18 AM
finance.yahoo.com logoNo Analysts Are Bullish on Nordic American Tankers
finance.yahoo.com - July 12 at 7:53 PM
americanbankingnews.com logoHead-To-Head Survey: DHT Holdings (DHT) versus Gener8 Maritime (NASDAQ:GNRT)
www.americanbankingnews.com - July 10 at 12:22 PM
americanbankingnews.com logoZacks: Analysts Anticipate Gener8 Maritime Inc (GNRT) Will Announce Quarterly Sales of $79.78 Million
www.americanbankingnews.com - July 8 at 10:28 AM
finance.yahoo.com logoSeeking Value in the High Seas: Gener8 Maritime
finance.yahoo.com - July 6 at 9:01 PM
americanbankingnews.com logo Analysts Anticipate Gener8 Maritime Inc (NASDAQ:GNRT) Will Post Earnings of -$0.05 Per Share
www.americanbankingnews.com - July 6 at 12:18 PM
finance.yahoo.com logoOn Deck with Crude Tankers: Positives and Negatives
finance.yahoo.com - June 30 at 3:27 PM
finance.yahoo.com logoWhy Crude Tanker Rates Matter
finance.yahoo.com - June 30 at 3:27 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 30 at 11:15 AM
finance.yahoo.com logoETFs with exposure to Gener8 Maritime, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 5:40 PM
finance.yahoo.com logoGener8 Maritime, Inc. :GNRT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 26 at 7:12 PM
finance.yahoo.com logo[$$] Shipping Firm Frontline to Abandon Pursuit of Gener8
finance.yahoo.com - June 24 at 5:49 PM
bizjournals.com logoStock Performance Review on Shipping Industry -- Capital Product Partners, Costamare, Gener8 Maritime, and Navios Maritime Partners
www.bizjournals.com - June 23 at 3:31 PM
americanbankingnews.com logoKNOT Offshore Partners (KNOP) versus Gener8 Maritime (GNRT) Head-To-Head Comparison
www.americanbankingnews.com - June 20 at 4:14 PM
finance.yahoo.com logoGener8 Maritime (GNRT) Rises: Stock Jumps 15% in Session
finance.yahoo.com - June 19 at 12:49 PM
finance.yahoo.com logoGener8 Maritime, Inc. breached its 50 day moving average in a Bullish Manner : GNRT-US : June 19, 2017
finance.yahoo.com - June 19 at 12:49 PM

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Chart

Gener8 Maritime (GNRT) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff