Gener8 Maritime Company Profile (NASDAQ:GNRT)

About Gener8 Maritime

Gener8 Maritime logoGener8 Maritime, Inc., formerly General Maritime Corporation, is a provider of international seaborne crude oil transportation services. The Company operates through the segment, which includes the transportation of international seaborne crude oil and petroleum products with its fleet of vessels. The Company owns a fleet of over 45 tankers, including 31 vessels on the water consisting of 14 Very Large Crude Carriers (VLCCs), approximately 11 Suezmax vessels, over four Aframax vessels and approximately two Panamax vessels with an aggregate carrying capacity of approximately 6.6 million deadweight tons. The Company's vessels are primarily available for charter on a spot voyage or time charter basis and for employment in commercial pools. Its fleet of vessels include Gener8 Zeus, Gener8 Neptune, Gener8 Ares, Gener8 Hera, Gener8 Harriet G, Gener8 Horn, Gener8 Daphne, Gener8 Elektra, Gener8 Companion, Gener8 Compatriot, Gener8 Spyridon, Gener8 Kara G, Gener8 Maniate and others.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: GNRT
  • CUSIP:
Key Metrics:
  • Previous Close: $4.67
  • 50 Day Moving Average: $4.81
  • 200 Day Moving Average: $4.77
  • 52-Week Range: $3.52 - $8.75
  • Trailing P/E Ratio: 3.65
  • Foreward P/E Ratio: 9.20
  • P/E Growth: 0.00
  • Market Cap: $387.77M
  • Outstanding Shares: 82,681,000
Additional Links:

Analyst Ratings

Consensus Ratings for Gener8 Maritime (NASDAQ:GNRT) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $9.00 (91.90% upside)

Analysts' Ratings History for Gener8 Maritime (NASDAQ:GNRT)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Jefferies Group LLCReiterated RatingBuyView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$9.00 -> $5.00View Rating Details
7/28/2016Citigroup Inc.Lower Price TargetBuy$12.00 -> $9.00View Rating Details
(Data available from 2/28/2015 forward)

Earnings

Earnings History for Gener8 Maritime (NASDAQ:GNRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
11/14/2016Q316$0.02($0.01)$78.71 million$69.10 millionViewN/AView Earnings Details
7/27/2016Q216$0.52$0.51$109.89 million$105.96 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gener8 Maritime (NASDAQ:GNRT)
Current Year EPS Consensus Estimate: $1.42 EPS
Next Year EPS Consensus Estimate: $0.51 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.68$0.78$0.73
Q2 20162$0.58$0.61$0.60
Q3 20162$0.00$0.15$0.08
Q4 20162$0.14$0.22$0.18
Q1 20172$0.39$0.55$0.47
Q2 20172($0.27)($0.13)($0.20)
Q3 20172($0.48)($0.15)($0.32)
Q4 20172($0.02)$0.06$0.02
(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 History 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  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Gener8 Maritime (NASDAQ:GNRT)
DateHeadline
nasdaq.com logoAnalysts Forecast 17% Gains Ahead For VDE (NASDAQ:GNRT)
www.nasdaq.com - February 28 at 8:52 AM
News IconGener8 Maritime Inc. Given Consensus Rating of “Buy” by Brokerages (NASDAQ:GNRT)
www.hellenicshippingnews.com - January 25 at 4:51 PM
seekingalpha.com logoGener8: Shipping Magnate's Second Act May Be Better Than The First (NASDAQ:GNRT)
seekingalpha.com - January 19 at 7:12 PM
4-traders.com logoGENER8 MARITIME,INC. (OTCBB:GMRRQ) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:GNRT)
www.4-traders.com - December 21 at 3:27 AM
seekingalpha.com logoHow Will OPEC Cuts Impact Crude Tankers? (NASDAQ:GNRT)
seekingalpha.com - December 12 at 5:38 PM
News IconHere is What Hedge Funds Think About Gener8 Maritime Inc (GNRT) (NASDAQ:GNRT)
feedproxy.google.com - December 5 at 6:36 AM
finance.yahoo.com logoGener8 Maritime, Inc. Announces Delivery of the Gener8 Theseus (NASDAQ:GNRT)
finance.yahoo.com - November 29 at 4:59 PM
biz.yahoo.com logoGENER8 MARITIME, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements an (NASDAQ:GNRT)
biz.yahoo.com - November 29 at 4:59 PM
seekingalpha.com logoThis Is The Next Hot Spot For Crude Tanker Demand Growth (NASDAQ:GNRT)
seekingalpha.com - November 21 at 5:39 PM
4-traders.com logoGENER8 MARITIME : INC. (GNRT) Files An 8-K Results of Operations and Financial Condition (NASDAQ:GNRT)
www.4-traders.com - November 17 at 8:22 AM
biz.yahoo.com logoQ3 2016 Gener8 Maritime Inc Earnings Release - After Market Close (NASDAQ:GNRT)
biz.yahoo.com - November 14 at 9:20 AM
finance.yahoo.com logoTransportation Stock Q3 Earnings on Nov 14: STNG, GNRT, DLNG (NASDAQ:GNRT)
finance.yahoo.com - November 11 at 9:35 AM
zacks.com logoNew Strong Sell Stocks for October 13th (NASDAQ:GNRT)
www.zacks.com - October 13 at 8:26 AM
seekingalpha.com logoAnother IMO Mandate Set To Impact Shipping Profits (NASDAQ:GNRT)
seekingalpha.com - October 11 at 5:29 PM
finance.yahoo.com logoGener8 Maritime, Inc. to Webcast Live at Maritime Investor Conference on October 11, 2016 (NASDAQ:GNRT)
finance.yahoo.com - October 6 at 8:58 AM
marketrealist.com logoHow Did the Crude Tanker Industry Perform in Week 37? (NASDAQ:GNRT)
marketrealist.com - September 21 at 9:30 AM
seekingalpha.com logoIs A Wave Of Tanker Demolitions On The Horizon? (NASDAQ:GNRT)
seekingalpha.com - September 16 at 9:06 AM
News IconGener8 Maritime’s Buy Rating Reaffirmed at Jefferies Group (NASDAQ:GNRT)
www.hellenicshippingnews.com - September 14 at 9:31 AM
News IconGener8 Maritime, Inc. Announces Delivery of the Gener8 Macedon. South Carolina SC (NASDAQ:GNRT)
www.southcarolinasc.com - September 1 at 5:07 PM
bizjournals.com logoGener8 Maritime, Inc. Announces Delivery of the Gener8 Macedon (NASDAQ:GNRT)
www.bizjournals.com - September 1 at 5:07 PM
feeds.reuters.com logoBRIEF-Gener8 Maritime announces delivery of the Gener8 Chiotis (NASDAQ:GNRT)
feeds.reuters.com - August 22 at 8:28 AM
finance.yahoo.com logoCSX Corp to Boost Efficiency through Administrative Changes (NASDAQ:GNRT)
finance.yahoo.com - May 24 at 9:23 AM
publicnow.com logoGener8 Maritime, Inc. Announces Delivery of the Gener8 Andriotis (NASDAQ:GNRT)
www.publicnow.com - May 13 at 9:58 AM
News IconGener8 Maritime tells First Quarter 2016 results (NASDAQ:GNRT)
www.sdjewishworld.com - May 12 at 2:33 PM
finance.yahoo.com logoHow Did the Crude Tanker Industry Perform in Week 18? (NASDAQ:GNRT)
finance.yahoo.com - May 11 at 1:28 PM
finance.yahoo.com logoWhy Gener8 Maritime (GNRT) Might Surprise This Earnings Season (NASDAQ:GNRT)
finance.yahoo.com - May 10 at 8:48 AM
finance.yahoo.com logoNorwegian Cruise Line (NCLH) Q1 Earnings: What's Ahead? (NASDAQ:GNRT)
finance.yahoo.com - May 9 at 8:47 AM
fidaily.com logoJefferies Holds To Rating And Lowers Price Target On Gener8 Maritime, Inc. Common Sh (GNRT) (NASDAQ:GNRT)
www.fidaily.com - May 4 at 2:11 PM
publicnow.com logoGener8 Maritime, Inc. Announces First Quarter 2016 Financial Results News Release and Conference Call Dates (NASDAQ:GNRT)
www.publicnow.com - May 4 at 8:10 AM
finance.yahoo.com logoWeek 13: How Did Crude Tanker Stocks Move? (NASDAQ:GNRT)
finance.yahoo.com - April 5 at 9:40 AM
finance.yahoo.com logoBunker Fuel Prices Remained 36% Lower Year-over-Year in Week 12 (NASDAQ:GNRT)
finance.yahoo.com - March 31 at 9:09 AM
thestreet.com logoAnalysts Expect TWOK To Hit $76 (NASDAQ:GNRT)
www.thestreet.com - March 21 at 2:15 PM
investorplace.com logoHottest Transportation Stocks Now – OSG TOUR TERP CPLP (NASDAQ:GNRT)
investorplace.com - March 15 at 1:23 PM
finance.yahoo.com logoWhat Were the Bunker Fuel Prices for Week 9? (NASDAQ:GNRT)
finance.yahoo.com - March 15 at 8:05 AM
biz.yahoo.com logoQ4 2015 Gener8 Maritime Inc Earnings Release - After Market Close (NASDAQ:GNRT)
biz.yahoo.com - March 15 at 7:07 AM
investorplace.com logoHottest Transportation Stocks Now – PRSC TDW HOS CLNE (NASDAQ:GNRT)
investorplace.com - March 11 at 1:06 PM
4-traders.com logoGener8 Maritime : Announces Delivery of the Gener8 Hera (NASDAQ:GNRT)
www.4-traders.com - February 26 at 12:38 PM
finance.yahoo.com logo5:11 pm Gener8 Maritime takes delivery of VLCC on February 24, 2016 from Daewoo Shipbuilding (NASDAQ:GNRT)
finance.yahoo.com - February 25 at 5:11 PM
finance.yahoo.com logoGener8 Maritime, Inc. Announces Delivery of the Gener8 Hera (NASDAQ:GNRT)
finance.yahoo.com - February 25 at 5:00 PM
finance.yahoo.com logoGener8 Maritime, Inc. Announces Fourth Quarter and Full Year 2015 Financial Results and Conference Call Date (NASDAQ:GNRT)
finance.yahoo.com - February 23 at 4:30 PM
biz.yahoo.com logoGENER8 MARITIME, INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:GNRT)
biz.yahoo.com - February 16 at 4:45 PM
thestreet.com logoAnalysts Forecast 30% Upside For VDE (NASDAQ:GNRT)
www.thestreet.com - February 11 at 12:08 PM
thestreet.com logoGNRT Crosses Critical Technical Indicator (NASDAQ:GNRT)
www.thestreet.com - February 4 at 11:55 AM
finance.yahoo.com logoShould You Buy Gener8 Maritime (GNRT) Ahead of Earnings? (NASDAQ:GNRT)
finance.yahoo.com - February 4 at 8:52 AM
noodls.com logoGener8 Maritime, Inc. Announces Delivery of the Gener8 Athena and the Gener8 Strength (NASDAQ:GNRT)
us.rd.yahoo.com - January 14 at 11:23 AM
biz.yahoo.com logoQ3 2015 Gener8 Maritime Inc Earnings Release - After Market Close (NASDAQ:GNRT)
us.rd.yahoo.com - January 14 at 11:23 AM
noodls.com logoGener8 Maritime, Inc. Announces Third Quarter 2015 Financial Results (NASDAQ:GNRT)
us.rd.yahoo.com - January 14 at 11:23 AM
biz.yahoo.com logoGENER8 MARITIME, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NASDAQ:GNRT)
us.rd.yahoo.com - January 14 at 11:23 AM
us.rd.yahoo.com logoEdited Transcript of GNRT earnings conference call or presentation 10-Nov-15 1:00pm GMT (NASDAQ:GNRT)
us.rd.yahoo.com - January 14 at 11:23 AM
biz.yahoo.com logoGENER8 MARITIME, INC. Files SEC form 10-Q, Quarterly Report (NASDAQ:GNRT)
us.rd.yahoo.com - January 14 at 11:23 AM

Social

What is Gener8 Maritime's stock symbol?

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

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

3 brokers have issued 1 year price objectives for Gener8 Maritime's stock. Their predictions range from $5.00 to $13.00. On average, they expect Gener8 Maritime's share price to reach $9.00 in the next year.

When will Gener8 Maritime announce their earnings?

Gener8 Maritime is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

Who owns Gener8 Maritime stock?

Gener8 Maritime's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Monarch Alternative Capital LP (3.91%), Oceanic Investment Management LTD (1.92%), Royce & Associates LP (1.05%), Anchorage Capital Group L.L.C. (1.00%), State Street Corp (0.98%) and AQR Capital Management LLC (0.91%).

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 Oceanic Investment Management LTD, GSA Capital Partners LLP and FMR LLC.

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

Gener8 Maritime's stock was purchased by a variety of institutional investors in the last quarter, including Monarch Alternative Capital LP, Royce & Associates LP, AQR Capital Management LLC, Russell Investments Group Ltd., Allianz Asset Management AG, State Street Corp, Renaissance Technologies LLC and Marshall Wace LLP.

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.

How much does a share of Gener8 Maritime stock cost?

One share of Gener8 Maritime stock can currently be purchased for approximately $4.69.

Gener8 Maritime (NASDAQ:GNRT) Chart for Tuesday, February, 28, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Gener8 Maritime (NASDAQ:GNRT)

Earnings History Chart

Earnings by Quarter for Gener8 Maritime (NASDAQ:GNRT)

Dividend History Chart

Dividend Payments by Quarter for Gener8 Maritime (NASDAQ:GNRT)

Last Updated on 2/28/2017 by MarketBeat.com Staff