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

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

Golden Ocean Group announced a quarterly dividend on Thursday, November 21st. Investors of record on Tuesday, December 3rd will be given a dividend of $0.15 per share on Wednesday, December 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.07%. The ex-dividend date of this dividend is Monday, December 2nd. View Golden Ocean Group's Dividend History.

Golden Ocean Group shares reverse split before market open 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 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 quarterly earnings results on Thursday, November, 21st. The shipping company reported $0.27 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.01. The shipping company earned $219.34 million during the quarter. Golden Ocean Group had a return on equity of 2.20% and a net margin of 3.10%. View Golden Ocean Group's Earnings History.

Golden Ocean Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Golden Ocean Group.

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

Media stories about GOGL stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Golden Ocean Group earned a daily sentiment score of -1.6 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Golden Ocean Group.

Golden Ocean Group saw a decline in short interest in the month of November. As of November 29th, there was short interest totalling 851,400 shares, a decline of 17.3% from the November 14th total of 1,030,000 shares. Based on an average daily trading volume, of 250,300 shares, the short-interest ratio is currently 3.4 days. Approximately 0.9% of the shares of the stock are sold short. View Golden Ocean Group's Current Options Chain.

Some companies that are related to Golden Ocean Group include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Scorpio Tankers (STNG), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT) and Teekay (TK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Golden Ocean Group investors own include Star Bulk Carriers (SBLK), Scorpio Bulkers (SALT), Blue Ridge Mountain Resources (MHRCQ), TSAKOS ENERGY N/SH (tnp), Eyepoint Pharmaceuticals (EYPT), Seadrill (SDRL), Ship Finance International (SFL), Eagle Bulk Shipping (egle), Intel (INTC) and Merck & Co., Inc. (MRK).

Golden Ocean Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (3.26%), Barclays PLC (1.07%), Millennium Management LLC (0.55%), California Public Employees Retirement System (0.16%), SG Americas Securities LLC (0.04%) and State of Tennessee Treasury Department (0.02%).

GOGL stock was sold by a variety of institutional investors in the last quarter, including Sigma Planning Corp.

GOGL stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Barclays PLC, Millennium Management LLC, SG Americas Securities LLC, California Public Employees Retirement System, State of Tennessee Treasury Department and Virtu Financial LLC.

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, Robinhood, Fidelity and Charles Schwab.

One share of GOGL stock can currently be purchased for approximately $5.42.

Golden Ocean Group has a market capitalization of $777.93 million and generates $656.07 million in revenue each year. Golden Ocean Group employs 32 workers across the globe.View Additional Information About Golden Ocean Group.

The official website for Golden Ocean Group is http://www.goldenocean.bm/.

Golden Ocean Group's mailing address is PAR LA VILLE PLACE 4TH FLOOR 14 PAR LA VILLE ROAD, HAMILTON HM 08 D0, HM 08. The shipping company can be reached via phone at 441-295-6935 or via email at [email protected]