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: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GNRT
  • CUSIP: N/A
  • Web: www.gener8maritime.com
Capitalization:
  • Market Cap: $413.14 million
  • Outstanding Shares: 82,960,000
Average Prices:
  • 50 Day Moving Avg: $5.35
  • 200 Day Moving Avg: $4.86
  • 52 Week Range: $3.52 - $7.83
P/E:
  • Trailing P/E Ratio: 12.74
  • Foreward P/E Ratio: 6.55
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $403.59 million
  • Price / Sales: 1.02
  • Book Value: $17.69 per share
  • Price / Book: 0.28
Profitability:
  • EBIDTA: $244.78 million
Misc:
  • Average Volume: 587,431 shs.
  • Short Ratio: 4.18
 

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) released its quarterly earnings results on Tuesday, May, 9th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.03. The firm had revenue of $121.06 million for the quarter, compared to the consensus estimate of $114.54 million. The firm's revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $0.78 earnings per share. View Gener8 Maritime's Earnings History.

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

3 brokerages have issued 12 month price objectives for Gener8 Maritime's shares. Their predictions range from $5.00 to $13.00. On average, they anticipate Gener8 Maritime's share price to reach $9.00 in the next twelve months. View Analyst Ratings for Gener8 Maritime.

Who are some of Gener8 Maritime's key competitors?

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 acted 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 investors include FMR LLC (3.92%), Vanguard Group Inc. (1.58%), Boston Partners (1.49%), Royce & Associates LP (0.96%), AQR Capital Management LLC (0.77%) and Geode Capital Management LLC (0.75%). Company insiders that own Gener8 Maritime stock include John P Tavlarios, Leonard J Vrondissis and Marine Holdings Tp LP Opps. 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 JPMorgan Chase & Co., Goldman Sachs Group Inc., Vanguard Group Inc., AQR Capital Management LLC, Russell Investments Group Ltd., Nationwide Fund Advisors, Royce & Associates LP and Morgan Stanley. 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, Boston Partners, Schroder Investment Management Group, Kennedy Capital Management Inc., Driehaus Capital Management LLC, Acadian Asset Management LLC, Parametric Portfolio Associates LLC and Geode Capital Management LLC. Company insiders that have bought Gener8 Maritime stock in the last two years include John P Tavlarios and Marine Holdings Tp LP Opps. 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.

How much does a share of Gener8 Maritime stock cost?

One share of Gener8 Maritime stock can currently be purchased for approximately $4.98.

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 (80.72% upside)

Analysts' Ratings History for Gener8 Maritime (NASDAQ:GNRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/24/2017Jefferies Group LLCReiterated RatingBuyMediumView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$9.00 -> $5.00N/AView Rating Details
7/28/2016Citigroup IncLower Price TargetBuy$12.00 -> $9.00N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$15.00N/AView Rating Details
7/20/2015Evercore Partners Inc.Initiated CoverageBuy$19.00N/AView Rating Details
7/20/2015Evercore ISIInitiated CoverageBuy$19.00N/AView Rating Details
(Data available from 5/25/2015 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
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: $0.83
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$0.21$0.21$0.21
Q2 20181$0.21$0.21$0.21
Q3 20181$0.20$0.20$0.20
Q4 20181$0.21$0.21$0.21
(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
americanbankingnews.com logo$79.78 Million in Sales Expected for Gener8 Maritime Inc (GNRT) This Quarter
www.americanbankingnews.com - May 17 at 8:56 AM
finance.yahoo.com logoAnalysts Revised the Target Price For Gener8 Maritime Partners
finance.yahoo.com - May 16 at 11:30 AM
americanbankingnews.com logo-$0.05 EPS Expected for Gener8 Maritime Inc (GNRT) This Quarter
www.americanbankingnews.com - May 16 at 12:22 AM
finance.yahoo.com logoGener8 Maritime, Inc. breached its 50 day moving average in a Bearish Manner : GNRT-US : May 15, 2017
finance.yahoo.com - May 15 at 11:19 AM
americanbankingnews.com logoGener8 Maritime Inc Expected to Post FY2018 Earnings of $0.91 Per Share (GNRT)
www.americanbankingnews.com - May 12 at 5:32 PM
americanbankingnews.com logoSeaport Global Securities Weighs in on Gener8 Maritime Inc's Q2 2017 Earnings (GNRT)
www.americanbankingnews.com - May 12 at 9:37 AM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Expected to Earn FY2017 Earnings of $0.12 Per Share
www.americanbankingnews.com - May 11 at 11:22 AM
finance.yahoo.com logoEdited Transcript of GNRT earnings conference call or presentation 9-May-17 12:00pm GMT
finance.yahoo.com - May 10 at 11:48 AM
finance.yahoo.com logoAnalysts’ Recommendations for Crude Tankers after Week 18
finance.yahoo.com - May 10 at 11:48 AM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 9 at 4:46 PM
finance.yahoo.com logoGener8 Maritime, Inc. Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 9 at 12:26 PM
finance.yahoo.com logoGener8 Maritime, Inc. – Value Analysis (NYSE:GNRT) : May 3, 2017
finance.yahoo.com - May 3 at 8:03 PM
finance.yahoo.com logoEuronav Thinks Q2 and Q3 Will Be Difficult for Crude Tankers
finance.yahoo.com - May 2 at 4:46 PM
finance.yahoo.com logoGener8 Maritime, Inc. breached its 50 day moving average in a Bearish Manner : GNRT-US : May 2, 2017
finance.yahoo.com - May 2 at 4:46 PM
americanbankingnews.com logoGener8 Maritime (GNRT) Given Daily Media Sentiment Score of 0.28
www.americanbankingnews.com - April 29 at 12:50 AM
finance.yahoo.com logoGener8 Maritime, Inc. Announces First Quarter 2017 Financial Results News Release and Conference Call Dates
finance.yahoo.com - April 27 at 6:04 PM
americanbankingnews.com logo$121.1 Million in Sales Expected for Gener8 Maritime Inc (GNRT) This Quarter
www.americanbankingnews.com - April 27 at 12:52 PM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 27 at 12:12 AM
americanbankingnews.com logoJefferies Group Comments on Gener8 Maritime Inc's Q2 2017 Earnings (GNRT)
www.americanbankingnews.com - April 26 at 10:11 AM
americanbankingnews.com logoGener8 Maritime (GNRT) Given Coverage Optimism Rating of -0.09
www.americanbankingnews.com - April 25 at 1:28 PM
finance.yahoo.com logoWhat Were Analysts’ Recommendations in Week 16?
finance.yahoo.com - April 25 at 11:09 AM
americanbankingnews.com logoGener8 Maritime (GNRT) Receives Daily Media Impact Rating of -0.22
www.americanbankingnews.com - April 22 at 7:30 AM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 21 at 12:45 PM
finance.yahoo.com logoAnalysts’ Recommendations for Crude Tankers in Week 15
finance.yahoo.com - April 19 at 11:50 AM
americanbankingnews.com logoGener8 Maritime (GNRT) Getting Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 18 at 4:44 PM
finance.yahoo.com logoRising US Crude Exports Are Changing Tankers’ Trade Dynamics
finance.yahoo.com - April 17 at 4:56 PM
americanbankingnews.com logoGener8 Maritime (GNRT) Getting Somewhat Positive Media Coverage, Study Finds
www.americanbankingnews.com - April 15 at 11:45 AM
finance.yahoo.com logoETFs with exposure to Gener8 Maritime, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 5:23 PM
seekingalpha.com logoThe Recent Crude Tanker Rate Collapse - Focus On VLCC's
seekingalpha.com - April 7 at 10:04 AM
americanbankingnews.com logoGener8 Maritime Inc (GNRT) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 27 at 2:34 PM
americanbankingnews.com logoGener8 Maritime's (GNRT) "Buy" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - March 25 at 7:56 AM
americanbankingnews.com logoZacks: Gener8 Maritime Inc (GNRT) Given Consensus Recommendation of "" by Brokerages
www.americanbankingnews.com - March 23 at 11:23 AM
finance.yahoo.com logoEdited Transcript of GNRT earnings conference call or presentation 13-Mar-17 12:00pm GMT
finance.yahoo.com - March 14 at 12:22 PM
us.rd.yahoo.com logoGener8 Maritime, Inc. Announces Fourth Quarter 2016 Financial Results
us.rd.yahoo.com - March 13 at 11:19 AM
us.rd.yahoo.com logo6:02 am Gener8 Maritime beats by $0.01, beats on revs
us.rd.yahoo.com - March 13 at 11:19 AM
biz.yahoo.com logoQ4 2016 Gener8 Maritime Inc Earnings Release - Before Market Open
biz.yahoo.com - March 13 at 11:19 AM
nasdaq.com logoAnalysts Forecast 17% Gains Ahead For VDE
www.nasdaq.com - February 28 at 8:52 AM
seekingalpha.com logoGener8: Shipping Magnate's Second Act May Be Better Than The First
seekingalpha.com - January 19 at 7:12 PM
seekingalpha.com logoHow Will OPEC Cuts Impact Crude Tankers?
seekingalpha.com - December 12 at 5:38 PM
finance.yahoo.com logoGener8 Maritime, Inc. Announces Delivery of the Gener8 Theseus
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
biz.yahoo.com - November 29 at 4:59 PM
seekingalpha.com logoThis Is The Next Hot Spot For Crude Tanker Demand Growth
seekingalpha.com - November 21 at 5:39 PM
biz.yahoo.com logoQ3 2016 Gener8 Maritime Inc Earnings Release - After Market Close
biz.yahoo.com - November 14 at 9:20 AM
finance.yahoo.com logoTransportation Stock Q3 Earnings on Nov 14: STNG, GNRT, DLNG
finance.yahoo.com - November 11 at 9:35 AM
zacks.com logoNew Strong Sell Stocks for October 13th
www.zacks.com - October 13 at 8:26 AM
seekingalpha.com logoAnother IMO Mandate Set To Impact Shipping Profits
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
finance.yahoo.com - October 6 at 8:58 AM
seekingalpha.com logoIs A Wave Of Tanker Demolitions On The Horizon?
seekingalpha.com - September 16 at 9:06 AM
bizjournals.com logoGener8 Maritime, Inc. Announces Delivery of the Gener8 Macedon
www.bizjournals.com - September 1 at 5:07 PM
finance.yahoo.com logoCSX Corp to Boost Efficiency through Administrative Changes
finance.yahoo.com - May 24 at 9:23 AM

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Chart

Gener8 Maritime (GNRT) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff