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NASDAQ:GOGL

Golden Ocean Group (GOGL) Stock Price, News & Analysis

Golden Ocean Group logo
$7.40 -0.09 (-1.14%)
As of 10:19 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Golden Ocean Group Stock (NASDAQ:GOGL)

Key Stats

Today's Range
$7.37
$7.45
50-Day Range
$7.04
$8.07
52-Week Range
$6.27
$14.28
Volume
126,325 shs
Average Volume
3.17 million shs
Market Capitalization
$1.48 billion
P/E Ratio
12.97
Dividend Yield
2.70%
Price Target
$10.25
Consensus Rating
Hold

Company Overview

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. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Golden Ocean Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
61st Percentile Overall Score

GOGL MarketRank™: 

Golden Ocean Group scored higher than 61% of companies evaluated by MarketBeat, and ranked 70th out of 124 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Golden Ocean Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Golden Ocean Group has only been the subject of 1 research reports in the past 90 days.

  • Read more about Golden Ocean Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Golden Ocean Group are expected to decrease by -16.67% in the coming year, from $1.14 to $0.95 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Golden Ocean Group is 13.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Golden Ocean Group is 13.12, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.44.

  • Price to Book Value per Share Ratio

    Golden Ocean Group has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Golden Ocean Group's valuation and earnings.
  • Percentage of Shares Shorted

    6.11% of the float of Golden Ocean Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Golden Ocean Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Golden Ocean Group has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Golden Ocean Group pays a meaningful dividend of 2.67%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Golden Ocean Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Golden Ocean Group is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Golden Ocean Group will have a dividend payout ratio of 21.05% next year. This indicates that Golden Ocean Group will be able to sustain or increase its dividend.

  • Read more about Golden Ocean Group's dividend.
  • Percentage of Shares Shorted

    6.11% of the float of Golden Ocean Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Golden Ocean Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Golden Ocean Group has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Golden Ocean Group has a news sentiment score of 0.47. 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 0.78 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Golden Ocean Group this week, compared to 4 articles on an average week.
  • Search Interest

    5 people have searched for GOGL on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Golden Ocean Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
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GOGL Stock News Headlines

GOGL Golden Ocean Group Limited - Seeking Alpha
The #1 AI Energy Stock
Nearly $600 billion is projected to be spent on AI data centers this year. That's because the ones being built now will dwarf everything that came before them. Thanks to AI's ravenous hunger for power … They are beginning to morph into sprawling behemoths.
GOGL - Ex dividend USD 0.05 today
GOGL - Merger Between CMB.Tech and Golden Ocean
See More Headlines

GOGL Stock Analysis - Frequently Asked Questions

Golden Ocean Group's stock was trading at $8.96 on January 1st, 2025. Since then, GOGL shares have decreased by 16.5% and is now trading at $7.48.
View the best growth stocks for 2025 here
.

Golden Ocean Group Limited (NASDAQ:GOGL) issued its earnings results on Wednesday, May, 21st. The shipping company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.09. The shipping company had revenue of $115 million for the quarter, compared to analysts' expectations of $106.48 million. Golden Ocean Group had a trailing twelve-month return on equity of 5.56% and a net margin of 13.16%.
Read the conference call transcript
.

Shares of Golden Ocean Group reverse split on the morning of Monday, August 1st 2016.The 1-5 reverse split was announced on Wednesday, July 27th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 29th 2016. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Shares of GOGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Golden Ocean Group investors own include Cuisine Solutions (CUSI), InnerScope Hearing Technologies (INND), UnitedHealth Group (UNH), Gilead Sciences (GILD), Johnson & Johnson (JNJ), Corning (GLW) and American Tower (AMT).

Company Calendar

Last Earnings
5/21/2025
Record date for 6/17 Dividend
6/05/2025
Ex-Dividend for 6/17 Dividend
6/05/2025
Dividend Payable
6/17/2025
Today
6/30/2025
Next Earnings (Estimated)
8/27/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
TRANS - SHIP
Sub-Industry
Oil & Gas Storage & Transportation
Current Symbol
NASDAQ:GOGL
Previous Symbol
NASDAQ:VLCCF
Employees
40
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$10.25
High Stock Price Target
$12.50
Low Stock Price Target
$8.00
Potential Upside/Downside
+37.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
13.12
Forward P/E Ratio
6.56
P/E Growth
N/A
Net Income
$223.21 million
Pretax Margin
13.25%

Debt

Sales & Book Value

Annual Sales
$968.42 million
Cash Flow
$1.73 per share
Price / Cash Flow
4.32
Book Value
$9.50 per share
Price / Book
0.79

Miscellaneous

Free Float
N/A
Market Cap
$1.50 billion
Optionable
Optionable
Beta
1.10

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This page (NASDAQ:GOGL) was last updated on 6/30/2025 by MarketBeat.com Staff
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