NASDAQ:GOGL - Golden Ocean Group Stock Price, News, & Analysis

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

Golden Ocean Group announced a quarterly dividend on Wednesday, November 21st. Shareholders of record on Thursday, December 6th will be paid a dividend of $0.15 per share on Thursday, December 20th. This represents a $0.60 annualized dividend and a yield of 8.60%. The ex-dividend date of this dividend is Wednesday, December 5th. This is a boost from Golden Ocean Group's previous quarterly dividend of $0.10. View Golden Ocean Group's Dividend History.

Golden Ocean Group's stock 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 Golden Ocean Group stock prior to the reverse split would have 20 shares after the split.

Golden Ocean Group Ltd (NASDAQ:GOGL) released its earnings results on Tuesday, November, 20th. The shipping company reported $0.24 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.08. The shipping company had revenue of $189.26 million for the quarter, compared to the consensus estimate of $120.01 million. Golden Ocean Group had a return on equity of 5.91% and a net margin of 13.95%. View Golden Ocean Group's Earnings History.

Golden Ocean Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Golden Ocean Group.

6 brokerages have issued 1 year price targets for Golden Ocean Group's shares. Their forecasts range from $9.50 to $13.00. On average, they anticipate Golden Ocean Group's share price to reach $10.8750 in the next twelve months. This suggests a possible upside of 55.8% from the stock's current price. View Analyst Price Targets for Golden Ocean Group.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golden Ocean Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Golden Ocean Group.

Media stories about GOGL stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Golden Ocean Group earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days.

Some companies that are related to Golden Ocean Group include Golar LNG (GLNG), GasLog (GLOG), Matson (MATX), Teekay Lng Partners (TGP), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), KNOT Offshore Partners (KNOP), Tidewater (TDW), Hoegh LNG Partners (HMLP), International Seaways (INSW), Nordic American Tanker (NAT), Teekay Tankers (TNK), Dynagas LNG Partners (DLNG) and Hornbeck Offshore Services (HOS).

Golden Ocean Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Carlyle Group L.P. (2.97%), Riverstone Holdings LLC (2.97%), Renaissance Technologies LLC (1.43%), Marshall Wace LLP (1.13%), JPMorgan Chase & Co. (1.06%) and JPMorgan Chase & Co. (1.06%).

GOGL stock was sold by a variety of institutional investors in the last quarter, including Riverstone Holdings LLC, Carlyle Group L.P., Duff & Phelps Investment Management Co. and Macquarie Group Ltd..

GOGL stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC, Man Group plc, Bluefin Trading LLC, Alliancebernstein L.P., Credit Suisse AG and Marshall Wace LLP.

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

One share of GOGL stock can currently be purchased for approximately $6.98.

Golden Ocean Group has a market capitalization of $1.01 billion and generates $460.02 million in revenue each year. The shipping company earns $-2,340,000.00 in net income (profit) each year or ($0.02) on an earnings per share basis. Golden Ocean Group employs 32 workers across the globe.

The official website for Golden Ocean Group is http://www.goldenocean.no.

Golden Ocean Group's mailing address is Par-la-Ville Place 14 Par-la-Ville Road, HAMILTON D0, HM 08. The shipping company can be reached via phone at 1-441-295-6935 or via email at [email protected]