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

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

Golden Ocean Group declared 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 dividend on an annualized basis and a yield of 8.94%. The ex-dividend date of this dividend is Wednesday, December 5th. This is a positive change from Golden Ocean Group's previous quarterly dividend of $0.10. 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 market closes 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 Tuesday, November, 20th. The shipping company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.08. The shipping company earned $189.26 million during the quarter, compared to analysts' expectations 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 brokers have issued twelve-month target prices for Golden Ocean Group's shares. 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 62.1% 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 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Golden Ocean Group.

News headlines about GOGL stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press 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 coverage optimism score of 0.9 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the near term.

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

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 $6.71.

Golden Ocean Group has a market capitalization of $933.28 million 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]