Golden Ocean Group Limited Company Profile (NASDAQ:GOGL)

About Golden Ocean Group Limited

Golden Ocean Group Limited 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: $6.38
  • 50 Day Moving Average: $5.60
  • 200 Day Moving Average: $4.41
  • 52-Week Range: $2.65 - $6.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -8.00
  • P/E Growth: 25.30
  • Market Cap: $676.06M
  • Outstanding Shares: 105,965,000
  • Beta: 2.25
Profitability:
  • Net Margins: -89.19%
  • Return on Equity: -10.46%
  • Return on Assets: -5.51%
Debt:
  • Debt-to-Equity Ratio: 0.87%
  • Current Ratio: 4.16%
  • Quick Ratio: 4.16%
Additional Links:
Companies Related to Golden Ocean Group Limited:

Analyst Ratings

Consensus Ratings for Golden Ocean Group Limited (NASDAQ:GOGL) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $5.00 (20.89% downside)

Analysts' Ratings History for Golden Ocean Group Limited (NASDAQ:GOGL)
Show:
DateFirmActionRatingPrice TargetDetails
11/22/2016Nordea Equity ResearchDowngradeBuy -> HoldView Rating Details
10/10/2016Pareto SecuritiesUpgradeHold -> BuyView Rating Details
9/6/2016Jefferies Group LLCReiterated RatingBuy$5.00View Rating Details
6/17/2016Clarkson CapitalReiterated RatingBuyView Rating Details
4/15/2016DNB MarketsDowngradeBuy -> HoldView Rating Details
1/26/2016J P Morgan Chase & CoDowngradeNeutral -> 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
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Golden Ocean Group Limited (NASDAQ:GOGL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416($0.13)$56.38 millionN/AView Earnings Details
11/22/20169/30/2016($0.30)($0.25)ViewN/AView Earnings Details
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 Limited (NASDAQ:GOGL)
Current Year EPS Consensus Estimate: $-1.26 EPS
Next Year EPS Consensus Estimate: $-0.79 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 Limited (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 Limited (NASDAQ:GOGL)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Golden Ocean Group Limited (NASDAQ:GOGL)
DateHeadline
News IconTrading Spotlight: Zooming in on Shares of Golden Ocean Group Ltd ... - Baxter Review (NASDAQ:GOGL)
baxternewsreview.com - February 24 at 6:48 PM
4-traders.com logoGolden Ocean Group Ltd : annual earnings release (NASDAQ:GOGL)
www.4-traders.com - February 23 at 5:29 PM
News IconEarnings Analysis & Update for Golden Ocean Group Ltd (NASDAQ:GOGL)? - Aiken Advocate (NASDAQ:GOGL)
aikenadvocate.com - February 22 at 5:44 PM
finanznachrichten.de logoGolden Ocean Group Limited: GOGL - Invitation to presentation of Q4 2016 Results (NASDAQ:GOGL)
www.finanznachrichten.de - February 22 at 12:55 PM
us.rd.yahoo.com logoGOGL - Invitation to presentation of Q4 2016 Results (NASDAQ:GOGL)
us.rd.yahoo.com - February 22 at 12:55 PM
News IconTrading Corner: Eye on Technical Levels for Golden Ocean Group Limited (GOGL) - Benton Bulletin (NASDAQ:GOGL)
bentonbulletin.com - February 17 at 4:04 PM
News IconShares in Focus: Golden Ocean Group Limited (GOGL) - BVN (NASDAQ:GOGL)
bvnewsjournal.com - February 17 at 4:04 PM
nasdaq.com logoGolden Ocean Group (GOGL) Jumps: Stock Moves 6% Higher - Nasdaq (NASDAQ:GOGL)
www.nasdaq.com - February 17 at 4:04 PM
News IconNarrowing in on Trading Indicators for Golden Ocean Group Limited (GOGL) - Sherwood Daily (NASDAQ:GOGL)
sherwooddaily.com - February 11 at 5:34 PM
News IconAnalysts Ratings Update on Golden Ocean Group Limited (NASDAQ ... - Rives Journal (NASDAQ:GOGL)
rivesjournal.com - February 11 at 5:34 PM
News IconStock Trickling Lower Heading Into The Open: Golden Ocean Group Limited (NASDAQ:GOGL) - Aiken Advocate (NASDAQ:GOGL)
aikenadvocate.com - February 3 at 6:00 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Golden Ocean Group Ltd (NASDAQ:GOGL)? - Wall Street Beacon (NASDAQ:GOGL)
wsbeacon.com - January 31 at 6:08 PM
News IconRange Watch on Technical Indicators for Golden Ocean Group Limited (GOGL) - Sherwood Daily (NASDAQ:GOGL)
sherwooddaily.com - January 26 at 6:56 PM
News IconEarnings in Full Force, Analysts Take Aim at Golden Ocean Group Ltd (NASDAQ:GOGL) - Wall Street Beacon (NASDAQ:GOGL)
wsbeacon.com - January 26 at 4:56 AM
News IconTechnical Toolbox: Investor Focus on Golden Ocean Group Limited (GOGL) - Sherwood Daily (NASDAQ:GOGL)
sherwooddaily.com - January 24 at 11:17 PM
nasdaq.com logoWill Golden Ocean Group (GOGL) Continue to Surge Higher ... - Nasdaq (NASDAQ:GOGL)
www.nasdaq.com - January 24 at 11:17 PM
nasdaq.com logoGolden Ocean Group (GOGL) in Focus: Stock Gains 8.6% - Nasdaq - Nasdaq (NASDAQ:GOGL)
www.nasdaq.com - January 24 at 11:17 PM
fxpips.com logoTOP GAINERS: NASDAQ Pre Market, Jan. 24 – VRAY, MAGS, CMRX, GLBL, VIRC, SWIR, GOGL, SHLO, PI, SPNE, MOMO, RARX, EGLT, CYNO, TRVN, NTNX, DEST, OMAB (NASDAQ:GOGL)
www.fxpips.com - January 24 at 3:56 AM
News IconPeculiar Activity & Volume Noted in Shares of Golden Ocean Group Limited (NASDAQ:GOGL) - Aiken Advocate (NASDAQ:GOGL)
aikenadvocate.com - January 23 at 5:53 PM
News IconStock Perspective: Golden Ocean Group Ltd (NASDAQ:GOGL) Company Earnings Watch - Aiken Advocate (NASDAQ:GOGL)
aikenadvocate.com - January 23 at 5:53 PM
News IconPriming The Pump: Stock Volatility Spotted in Golden Ocean Group Limited (NASDAQ:GOGL) - Wall Street Beacon (NASDAQ:GOGL)
wsbeacon.com - January 23 at 5:53 PM
finance.yahoo.com logoWill Golden Ocean Group (GOGL) Continue to Surge Higher? (NASDAQ:GOGL)
finance.yahoo.com - January 23 at 11:18 AM
News IconGolden Ocean Group Limited (GOGL) Receives Average Rating of “Hold” from Analysts (NASDAQ:GOGL)
www.hellenicshippingnews.com - January 18 at 5:55 PM
News IconConsensus Take: Golden Ocean Group Ltd (NASDAQ:GOGL) Earnings & Ratings Watch - Aiken Advocate (NASDAQ:GOGL)
aikenadvocate.com - January 18 at 1:34 AM
News IconConsensus Take: Golden Ocean Group Ltd (NASDAQ:GOGL ... - Aiken Advocate (NASDAQ:GOGL)
aikenadvocate.com - January 17 at 3:30 PM
News IconWill The Needle Move For Golden Ocean Group Ltd (NASDAQ:GOGL) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:GOGL)
wsbeacon.com - January 17 at 3:30 PM
capitalcube.com logoETFs with exposure to Golden Ocean Group Ltd. : December 23, 2016 (NASDAQ:GOGL)
www.capitalcube.com - December 23 at 5:45 PM
News IconQuick Review on Trend Indicator Levels: Golden Ocean Group Limited (GOGL) - Yankee Analysts (NASDAQ:GOGL)
yankeeanalysts.com - December 20 at 10:27 PM
News IconADX, MA, and RSI in Focus for Golden Ocean Group Limited (GOGL) - Yankee Analysts (NASDAQ:GOGL)
yankeeanalysts.com - December 17 at 5:46 PM
News IconTrading Focus: Eye on Shares of Golden Ocean Group Limited (GOGL) - Yankee Analysts (NASDAQ:GOGL)
yankeeanalysts.com - December 17 at 5:46 PM
capitalcube.com logoGolden Ocean Group Ltd. breached its 50 day moving average in a Bearish Manner : GOGL-US : December 15, 2016 (NASDAQ:GOGL)
www.capitalcube.com - December 15 at 6:04 PM
capitalcube.com logoETFs with exposure to Golden Ocean Group Ltd. : December 12, 2016 (NASDAQ:GOGL)
www.capitalcube.com - December 12 at 5:37 PM
News IconFinal dog plan for GGNRA sure not to please everyone (NASDAQ:GOGL)
www.sfgate.com - December 8 at 6:08 PM
News IconInvestor Arena: Keeping an Eye on Golden Ocean Group Limited (GOGL) - Yankee Analysts (NASDAQ:GOGL)
yankeeanalysts.com - December 1 at 5:35 PM
News IconTrading Indicator Check on Golden Ocean Group Limited (GOGL) - Yankee Analysts (NASDAQ:GOGL)
yankeeanalysts.com - November 30 at 9:12 AM
publicnow.com logoDirector Shareholding Director / PDMR Shareholding - Supplementary (NASDAQ:GOGL)
www.publicnow.com - November 30 at 9:12 AM
publicnow.com logoChanges in accounting for rail pension schemes (NASDAQ:GOGL)
www.publicnow.com - November 30 at 9:12 AM
publicnow.com logoCHANGES IN ACCOUNTING FOR RAIL PENSION SCHEMES AND DISCLOSURE OF ADJUSTED RESULTS (NASDAQ:GOGL)
www.publicnow.com - November 30 at 9:12 AM
capitalcube.com logoGolden Ocean Group Ltd. breached its 50 day moving average in a Bearish Manner : GOGL-US : November 28, 2016 (NASDAQ:GOGL)
www.capitalcube.com - November 29 at 4:57 PM
capitalcube.com logoGolden Ocean Group Ltd. :GOGL-US: Earnings Analysis: Q3, 2016 By the Numbers : November 28, 2016 (NASDAQ:GOGL)
www.capitalcube.com - November 29 at 4:57 PM
capitalcube.com logoETFs with exposure to Golden Ocean Group Ltd. : November 29, 2016 (NASDAQ:GOGL)
www.capitalcube.com - November 29 at 4:57 PM
News IconChecking on Indicators for Golden Ocean Group Limited (GOGL) - MicroCap Wired (NASDAQ:GOGL)
www.microcapwired.com - November 23 at 5:13 PM
seekingalpha.com logoGolden Ocean Group's (GOGL) CEO Birgitte Vartdal on Q3 2016 Results - Earnings Call Transcript (NASDAQ:GOGL)
seekingalpha.com - November 22 at 10:55 PM
finance.yahoo.com logoEdited Transcript of GOGL earnings conference call or presentation 22-Nov-16 2:00pm GMT (NASDAQ:GOGL)
finance.yahoo.com - November 22 at 10:55 PM
nasdaq.com logoGOGL - Third Quarter 2016 Results (NASDAQ:GOGL)
www.nasdaq.com - November 22 at 8:45 AM
cnbc.com logoGolden Ocean Group reports 3Q loss (NASDAQ:GOGL)
www.cnbc.com - November 22 at 8:45 AM
News IconGolden Ocean Narrows Net Loss (NASDAQ:GOGL)
worldmaritimenews.com - November 22 at 8:45 AM
4-traders.com logoGolden Ocean : GOGL - Q3 2016 Presentation (NASDAQ:GOGL)
www.4-traders.com - November 22 at 8:45 AM
finance.yahoo.com logoGOGL - Q3 2016 Presentation (NASDAQ:GOGL)
finance.yahoo.com - November 22 at 8:44 AM
biz.yahoo.com logoQ3 2016 Golden Ocean Group Ltd Earnings Release - Time Not Supplied (NASDAQ:GOGL)
biz.yahoo.com - November 22 at 8:44 AM

Social

What is Golden Ocean Group Limited's stock symbol?

Golden Ocean Group Limited trades on the NASDAQ under the ticker symbol "GOGL."

When did Golden Ocean Group Limited's stock split? How did Golden Ocean Group Limited's stock split work?

Golden Ocean Group Limited shares reverse split on 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 market closes on Friday, July 29th 2016. An investor that had 100 shares of Golden Ocean Group Limited stock prior to the reverse split would have 20 shares after the split.

Where is Golden Ocean Group Limited's stock going? Where will Golden Ocean Group Limited's stock price be in 2017?

5 brokers have issued twelve-month price targets for Golden Ocean Group Limited's shares. Their predictions range from $5.00 to $5.00. On average, they expect Golden Ocean Group Limited's stock price to reach $5.00 in the next year.

When will Golden Ocean Group Limited announce their earnings?

Golden Ocean Group Limited is scheduled to release their next quarterly earnings announcement on Tuesday, February, 28th 2017.

Who owns Golden Ocean Group Limited stock?

Golden Ocean Group Limited's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (1.42%), GLG Partners LP (0.18%), Renaissance Technologies LLC (0.17%), Dimensional Fund Advisors LP (0.13%) and State Street Corp (0.02%).

Who sold Golden Ocean Group Limited stock? Who is selling Golden Ocean Group Limited stock?

Golden Ocean Group Limited's stock was sold by a variety of institutional investors in the last quarter, including State Street Corp.

Who bought Golden Ocean Group Limited stock? Who is buying Golden Ocean Group Limited stock?

Golden Ocean Group Limited's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., GLG Partners LP, Dimensional Fund Advisors LP and Renaissance Technologies LLC.

How do I buy Golden Ocean Group Limited stock?

Shares of Golden Ocean Group Limited 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 Golden Ocean Group Limited stock cost?

One share of Golden Ocean Group Limited stock can currently be purchased for approximately $6.32.

Golden Ocean Group Limited (NASDAQ:GOGL) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Golden Ocean Group Limited (NASDAQ:GOGL)

Earnings History Chart

Earnings by Quarter for Golden Ocean Group Limited (NASDAQ:GOGL)

Dividend History Chart

Dividend Payments by Quarter for Golden Ocean Group Limited (NASDAQ:GOGL)

Last Updated on 2/27/2017 by MarketBeat.com Staff