Golden Ocean Group Company Profile (NASDAQ:GOGL)

About Golden Ocean Group

Golden Ocean Group logoGolden Ocean Group Limited, formerly Knightsbridge Shipping Limited, is an international dry bulk shipping company. The Company is engaged in the transportation of dry bulk cargoes. It owns and operates a fleet of dry bulk carrier vessels, focusing on the Capesize, Panamax and Supramax markets. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers. Its fleet includes owned vessels, bareboat vessels, chartered vessels, commercial management vessels and newbuildings. It owns over 40 dry bulk carriers and has contracts for over 20 newbuildings. It also has over 10 vessels chartered-in (of which over eight are chartered in from Ship Finance and over five are chartered in from third parties) and over one vessel chartered-in through a joint venture. Approximately six of the vessels are chartered-out on fixed rate time charters and the other operates in the spot market or fixed on index-linked time charter contracts.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Exchange: NASDAQ
  • Symbol: GOGL
  • CUSIP: G5299G10
Key Metrics:
  • Previous Close: $3.64
  • 50 Day Moving Average: $3.54
  • 200 Day Moving Average: $3.59
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -3.53
  • P/E Growth: 12.30
  • Market Cap: $385.64M
  • Outstanding Shares: 105,945,000
  • Beta: 1.79
Additional Links:
Companies Related to Golden Ocean Group:

Analyst Ratings

Consensus Ratings for Golden Ocean Group (NASDAQ:GOGL) (?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $5.00 (37.36% upside)

Analysts' Ratings History for Golden Ocean Group (NASDAQ:GOGL)
Show:
DateFirmActionRatingPrice TargetDetails
8/29/2016Jefferies GroupReiterated RatingBuyView Rating Details
6/17/2016Clarkson CapitalReiterated RatingBuyView Rating Details
4/15/2016DNB MarketsDowngradeBuy -> HoldView Rating Details
3/22/2016Nordea Equity ResearchUpgradeHold -> BuyView Rating Details
1/26/2016JPMorgan Chase & Co.DowngradeNeutral -> UnderweightView Rating Details
12/15/2015Morgan StanleyDowngradeEqual Weight -> UnderweightView Rating Details
5/29/2015Evercore Partners Inc.Reiterated RatingBuy -> HoldView Rating Details
5/29/2015Evercore ISIDowngradeBuy -> Hold$32.50 -> $22.50View Rating Details
10/7/2014GMP SecuritiesInitiated CoverageBuy$75.00View Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Golden Ocean Group (NASDAQ:GOGL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/31/2016        
8/24/2016Q216($0.33)($0.37)$37.60 millionViewListenView Earnings Details
5/24/2016Q116($0.12)($0.22)$32.20 millionViewListenView Earnings Details
2/18/2016Q4($0.17)($0.40)ViewListenView Earnings Details
11/24/2015Q315($0.11)($0.24)$51.20 million$65.70 millionViewListenView Earnings Details
8/27/2015Q215($0.20)($0.19)$36.40 millionViewListenView Earnings Details
5/28/2015Q115($0.22)($0.18)$22.18 millionViewListenView Earnings Details
2/27/2015($0.03)($0.01)ViewN/AView Earnings Details
11/21/2014Q314($0.04)($0.11)ViewN/AView Earnings Details
8/13/2014Q214$0.03$0.14$10.58 millionViewN/AView Earnings Details
5/8/2014$0.03$0.03ViewN/AView Earnings Details
2/5/2014Q4$0.08$0.12ViewN/AView Earnings Details
11/14/2013Q3$0.01$0.04$8.07 millionViewN/AView Earnings Details
5/8/2013Q1 2013($0.02)($0.02)$6.19 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Golden Ocean Group (NASDAQ:GOGL)
Current Year EPS Consensus Estimate: $-1.42 EPS
Next Year EPS Consensus Estimate: $-1.03 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.19)($0.19)($0.19)
Q2 20161($0.22)($0.22)($0.22)
Q3 20161($0.24)($0.24)($0.24)
Q4 20161($0.25)($0.25)($0.25)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Golden Ocean Group (NASDAQ:GOGL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/21/2014quarterly$0.053.08%12/1/201412/3/201412/10/2014
8/15/2014quarterly$0.206.32%8/26/20148/28/20149/10/2014
5/13/2014quarterly$0.206.03%5/20/20145/22/20146/5/2014
2/6/2014quarterly$0.186.99%2/14/20142/19/20143/6/2014
11/22/2013quarterly$0.189.41%11/26/201311/29/201312/10/2013
11/14/2013$0.1811/26/201311/29/201312/10/2013
8/14/2013quarterly$0.188.67%8/26/20138/28/20139/10/2013
5/15/2013quarterly$0.189.25%5/20/20135/22/20136/5/2013
2/15/2013quarterly$0.1810.62%2/15/20132/20/20133/6/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Golden Ocean Group (NASDAQ:GOGL)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Golden Ocean Group (NASDAQ:GOGL)
DateHeadline
News IconShares Climbing Higher in Session: Golden Ocean Group Limited (NASDAQ:GOGL) - Post News (NASDAQ:GOGL)
www.kentuckypostnews.com - August 29 at 5:12 PM
ft.com logo[$$] Bulk shipping: waiting for Santa (NASDAQ:GOGL)
www.ft.com - August 26 at 5:08 PM
News IconGolden Ocean Group Ltd (NASDAQ:GOGL) Earnings Expected Tomorrow of $-0.35 - Post News (NASDAQ:GOGL)
www.kentuckypostnews.com - August 24 at 8:18 AM
finance.yahoo.com logoGOGL - Q2 2016 Presentation (NASDAQ:GOGL)
finance.yahoo.com - August 24 at 8:18 AM
biz.yahoo.com logoQ2 2016 Golden Ocean Group Ltd Earnings Release - Time Not Supplied (NASDAQ:GOGL)
biz.yahoo.com - August 24 at 8:18 AM
capitalcube.com logoGolden Ocean Group Ltd. breached its 50 day moving average in a Bullish Manner : GOGL-US : August 24, 2016 (NASDAQ:GOGL)
www.capitalcube.com - August 24 at 8:18 AM
4-traders.com logoGolden Ocean : GOGL - Notice of Annual General Meeting 2016 (NASDAQ:GOGL)
www.4-traders.com - August 22 at 9:56 AM
News IconWhat Does the Consensus Have to Say About Golden Ocean Group Ltd (NASDAQ:GOGL) Shares? - Post News (NASDAQ:GOGL)
www.kentuckypostnews.com - August 20 at 9:30 AM
News IconFirst State Focus: Photographing a hidden world (NASDAQ:GOGL)
www.delawareonline.com - August 19 at 5:15 PM
News IconSell-side's Take on Golden Ocean Group Ltd (NASDAQ:GOGL) Earnings - Post News (NASDAQ:GOGL)
www.kentuckypostnews.com - August 19 at 8:12 AM
finance.yahoo.com logoGOGL - Invitation to presentation of Q2 2016 Results (NASDAQ:GOGL)
finance.yahoo.com - August 18 at 5:18 PM
News IconCrowd is Weighing in on Golden Ocean Group Ltd (NASDAQ:GOGL) - Post News (NASDAQ:GOGL)
www.kentuckypostnews.com - August 18 at 8:15 AM
publicnow.com logoEmployee Benefit Trust Share Purchase (NASDAQ:GOGL)
www.publicnow.com - August 17 at 5:31 PM
capitalcube.com logoGolden Ocean Group Ltd. breached its 50 day moving average in a Bullish Manner : GOGL-US : August 9, 2016 (NASDAQ:GOGL)
www.capitalcube.com - August 9 at 8:15 AM
globenewswire.com logoGOGL - ISIN: NO 001 070105.5 - 3.07 per cent Golden Ocean Group Limited Senior Unsecured Convertible Bond Issue ... - GlobeNewswire (press release) (NASDAQ:GOGL)
globenewswire.com - August 4 at 5:36 PM
einnews.com logoGOGL - Golden Ocean Group Limited announces new number of issued and outstanding ordinary shares following the ... - EIN News (press release) (NASDAQ:GOGL)
www.einnews.com - August 4 at 8:13 AM
News IconGOGL - ISIN: NO 001 070105.5 - 3.07 per cent Golden Ocean Group Limited Senior Unsecured Convertible Bond Issue ... - Scibility Media (NASDAQ:GOGL)
scibilitymedia.com - August 4 at 8:13 AM
News IconGOGL - ISIN: NO 001 0701. (NASDAQ:GOGL)
www.stock-world.de - August 3 at 5:36 PM
News IconGOGL Appoint Semino as CCO (NASDAQ:GOGL)
www.marinelink.com - August 3 at 8:19 AM
seekingalpha.com logoReverse stock split fires off at Golden Ocean Group (NASDAQ:GOGL)
seekingalpha.com - August 1 at 5:11 PM
biz.yahoo.com logoSplits Calendar: Golden Ocean splits before market open today (1:5 ratio) (NASDAQ:GOGL)
biz.yahoo.com - August 1 at 7:03 AM
finance.yahoo.com logo8:10 am Golden Ocean announces its 1:5 reverse stock split will take effect on August 1 (NASDAQ:GOGL)
finance.yahoo.com - July 27 at 8:10 AM
finance.yahoo.com logoGOGL - Nasdaq specific announcement related to the reverse stock split to be effective August 1, 2016 (NASDAQ:GOGL)
finance.yahoo.com - July 27 at 8:08 AM
4-traders.com logoGolden Ocean : GOGL - Key information in connection with reverse share split for GOGL and GOGL R (NASDAQ:GOGL)
www.4-traders.com - July 25 at 9:54 AM
capitalcube.com logoGolden Ocean Group Ltd. breached its 50 day moving average in a Bearish Manner : GOGL-US : July 25, 2016 (NASDAQ:GOGL)
www.capitalcube.com - July 25 at 8:24 AM
finance.yahoo.com logoGOGL - Key information in connection with reverse share split for GOGL and GOGL R (NASDAQ:GOGL)
finance.yahoo.com - July 25 at 2:51 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Golden Ocean Group Ltd (NASDAQ:GOGL) - TGP (NASDAQ:GOGL)
telanaganapress.com - July 22 at 8:10 AM
finance.yahoo.com logoGOGL - Change of CUSIP/ISIN in connection with reverse share split (NASDAQ:GOGL)
finance.yahoo.com - July 21 at 2:05 AM
News IconGolden Ocean Group Ltd on Focus After Forming Bullish Descending Triangle Pattern - Consumer Eagle (NASDAQ:GOGL)
www.consumereagle.com - July 20 at 6:40 PM
News IconAre Analysts Bearish Golden Ocean Group Ltd (NASDAQ:GOGL) After Last Week? - Consumer Eagle (NASDAQ:GOGL)
www.consumereagle.com - July 20 at 8:08 AM
capitalcube.com logoGolden Ocean Group Ltd. – Value Analysis (NASDAQ:GOGL) : July 19, 2016 (NASDAQ:GOGL)
www.capitalcube.com - July 19 at 2:38 PM
News IconTrading Performance and Target Watch for Golden Ocean Group Ltd (NASDAQ:GOGL) - Press Telegraph (NASDAQ:GOGL)
presstelegraph.com - July 19 at 11:23 AM
capitalcube.com logoETF’s with exposure to Golden Ocean Group Ltd. : July 18, 2016 (NASDAQ:GOGL)
www.capitalcube.com - July 18 at 1:50 PM
news.cmlviz.com logoGolden Ocean Group Limited Stock Momentum at Critical Inflection Point - CML News (NASDAQ:GOGL)
news.cmlviz.com - July 15 at 4:20 PM
finance.yahoo.com logoGOGL - Key information for shares listed on the Oslo Stock Exchange relating to the reverse share split to be carried out by Golden Ocean Group Limited (NASDAQ:GOGL)
finance.yahoo.com - July 14 at 4:20 PM
finance.yahoo.com logoGOGL - Reverse share split (NASDAQ:GOGL)
finance.yahoo.com - July 14 at 4:19 PM
News IconCrowd Rating and Earnings Recap for Golden Ocean Group Ltd (NASDAQ:GOGL) - Telanagana Press (NASDAQ:GOGL)
telanaganapress.com - July 14 at 8:42 AM
capitalcube.com logoGolden Ocean Group Ltd. breached its 50 day moving average in a Bullish Manner : GOGL-US : July 13, 2016 (NASDAQ:GOGL)
www.capitalcube.com - July 13 at 8:30 AM
News IconAnalyst Target and Average Rating Watch: Golden Ocean Group Ltd (NASDAQ:GOGL) - Press Telegraph (NASDAQ:GOGL)
presstelegraph.com - July 13 at 8:07 AM
finance.yahoo.com logoGOGL - 2016 Annual General Meeting (NASDAQ:GOGL)
finance.yahoo.com - July 13 at 2:53 AM
News IconHow Analysts Rated Golden Ocean Group Ltd (NASDAQ:GOGL) Last Week? - Consumer Eagle (NASDAQ:GOGL)
www.consumereagle.com - July 12 at 9:42 AM
News IconWall Street Ratings and Target Price Views on Golden Ocean Group Ltd (NASDAQ:GOGL) - Telanagana Press (NASDAQ:GOGL)
telanaganapress.com - July 7 at 5:23 PM
News IconA Reversal for Golden Ocean Group Ltd Is Not Near. The Formed Multiple Bottom - Engelwood Daily (NASDAQ:GOGL)
www.engelwooddaily.com - July 7 at 5:23 PM
news.cmlviz.com logoGolden Ocean Group Limited versus Star Bulk Carriers Corp. Head to Head Compare - CML News (NASDAQ:GOGL)
news.cmlviz.com - July 7 at 8:05 AM
fiscalstandard.com logoBroker Outlook For The Week Ahead Golden Ocean Group Limited (NASDAQ:GOGL) - Fiscal Standard (NASDAQ:GOGL)
www.fiscalstandard.com - July 5 at 9:56 AM
News IconSell-Side Recommendation & Price Target Projections on Golden Ocean Group Ltd (NASDAQ:GOGL) - Telanagana Press (NASDAQ:GOGL)
telanaganapress.com - July 1 at 8:02 AM
News IconWhat's Propelling Golden Ocean Group Ltd to Increase? The Stock Formed a Bullish Descending Triangle - Press Telegraph (NASDAQ:GOGL)
presstelegraph.com - June 30 at 8:08 AM
ftsenews.co.uk logoNew Broker Ratings For Golden Ocean Group Limited (NASDAQ:GOGL) - FTSE News (NASDAQ:GOGL)
www.ftsenews.co.uk - June 29 at 5:15 PM
News IconShare Update and Earnings Review for Golden Ocean Group Ltd (NASDAQ:GOGL) - Press Telegraph (NASDAQ:GOGL)
presstelegraph.com - June 29 at 8:03 AM
forbes.com logoMonday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks (NASDAQ:GOGL)
www.forbes.com - June 28 at 10:08 AM

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Golden Ocean Group (NASDAQ:GOGL) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff