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. Stockholders 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 dividend yield of 3.58%. The ex-dividend date of this dividend is Wednesday, March 6th. View Golden Ocean Group's Dividend History.

Shares of Golden Ocean Group 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) issued 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 the consensus estimate 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 brokerages have issued 12-month price targets for Golden Ocean Group's shares. Their predictions range from $10.00 to $13.00. On average, they expect Golden Ocean Group's stock price to reach $11.3333 in the next twelve months. This suggests a possible upside of 103.1% 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.

News stories about GOGL stock have trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Golden Ocean Group earned a news sentiment score of 1.1 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days.

Golden Ocean Group saw a increase in short interest in 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. Currently, 1.4% 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), 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 Hornbeck Offshore Services (HOS).

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), Intel (INTC), NVIDIA (NVDA), Star Bulk Carriers (SBLK), Scorpio Bulkers (SALT), Ship Finance International (SFL), 3M (MMM) and Seadrill (SDRL).

Golden Ocean Group's stock is owned by a variety of of institutional and retail 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 $5.58.

Golden Ocean Group has a market capitalization of $805.03 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]