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, February 20th. Shareholders of record on Thursday, March 7th will be given 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 3.64%. The ex-dividend date is Wednesday, March 6th. View Golden Ocean Group's Dividend History.

Golden Ocean Group 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 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) posted its quarterly earnings results on Tuesday, February, 19th. The shipping company reported $0.16 EPS for the quarter, beating the Thomson Reuters' 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 return on equity of 5.65% and a net margin of 12.89%. 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.

4 brokers have issued 1 year price objectives for Golden Ocean Group's stock. Their predictions range from $10.00 to $13.00. On average, they expect Golden Ocean Group's share price to reach $11.3333 in the next year. This suggests a possible upside of 106.2% from the stock's current price. View Analyst Price Targets for Golden Ocean Group.

4 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Golden Ocean Group.

Media headlines about GOGL stock have trended somewhat positive this week, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. 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 news impact score of 1.7 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Golden Ocean Group saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 1,167,460 shares, an increase of 50.7% from the March 15th total of 774,642 shares. Based on an average daily trading volume, of 243,900 shares, the short-interest ratio is presently 4.8 days. Approximately 1.4% of the shares of the company 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), Golar LNG Partners (GMLP), Tidewater (TDW), GasLog Partners LP Unit (GLOP), KNOT Offshore Partners (KNOP), Hoegh LNG Partners (HMLP), Teekay Offshore Partners (TOO), International Seaways (INSW), 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 Blue Ridge Mountain Resources (MHRCQ), Micron Technology (MU), Eyepoint Pharmaceuticals (EYPT), NVIDIA (NVDA), Star Bulk Carriers (SBLK), Scorpio Bulkers (SALT), Intel (INTC), Seadrill (SDRL), Zoetis (ZTS) and Advanced Micro Devices (AMD).

Golden Ocean Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (0.52%).

GOGL stock was sold by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co..

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 $5.4950.

Golden Ocean Group has a market capitalization of $792.78 million and generates $656.07 million in revenue each year. The shipping company earns $84.54 million in net income (profit) each year or $0.60 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].no.