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, February 20th. Investors of record on Thursday, March 7th will be paid a dividend of $0.05 per share on Thursday, March 21st. This represents a $0.20 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Wednesday, March 6th. View Golden Ocean Group's Dividend History.

Golden Ocean Group shares 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) announced its earnings results on Tuesday, February, 19th. The shipping company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.06 by $0.10. The shipping company earned $131.92 million during the quarter, compared to analyst estimates of $106.10 million. Golden Ocean Group had a net margin of 12.89% and a return on equity of 5.65%. View Golden Ocean Group's Earnings History.

Golden Ocean Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 29th 2019. View Earnings Estimates for Golden Ocean Group.

5 brokerages have issued twelve-month price targets for Golden Ocean Group's stock. Their forecasts range from $9.50 to $13.00. On average, they anticipate Golden Ocean Group's stock price to reach $10.8750 in the next twelve months. This suggests a possible upside of 116.2% from the stock's current price. View Analyst Price Targets for Golden Ocean Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golden Ocean Group in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golden Ocean Group.

Press coverage about GOGL stock has been trending neutral recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Golden Ocean Group earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.

Golden Ocean Group saw a increase in short interest in February. As of February 28th, there was short interest totalling 773,596 shares, an increase of 37.0% from the February 15th total of 564,599 shares. Based on an average daily trading volume, of 281,550 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.9% of the company's shares are sold short. View Golden Ocean Group's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Golden Ocean Group investors own include Star Bulk Carriers (SBLK), Micron Technology (MU), Eyepoint Pharmaceuticals (EYPT), NVIDIA (NVDA), TSAKOS ENERGY N/SH (TNP), Zoetis (ZTS), Intel (INTC), 3M (MMM), General Electric (GE) and General Finance (GFN).

Golden Ocean Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Riverstone Holdings LLC (2.88%), Duff & Phelps Investment Management Co. (0.56%), Segall Bryant & Hamill LLC (0.48%), Citigroup Inc. (0.39%), CarVal Investors LLC (0.28%) and Dimensional Fund Advisors LP (0.24%).

GOGL stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Bank of America Corp DE, Riverstone Holdings LLC, California Public Employees Retirement System, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP.

GOGL stock was purchased by a variety of institutional investors in the last quarter, including Segall Bryant & Hamill LLC, CarVal Investors LLC, Citigroup Inc., Millennium Management LLC, Duff & Phelps Investment Management Co., Gotham Asset Management LLC, GSA Capital Partners LLP and Northern Trust Corp.

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 $5.03.

Golden Ocean Group has a market capitalization of $725.58 million and generates $656.07 million in revenue each year. The shipping company earns $84.53 million in net income (profit) each year or $0.60 on an earnings per share basis.

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]