NASDAQ:GOGL - Golden Ocean Group Stock Price, Price Target & More

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

Golden Ocean Group announced a quarterly dividend on Wednesday, May 30th. Investors of record on Thursday, June 14th will be given a dividend of $0.10 per share on Thursday, June 28th. This represents a $0.40 dividend on an annualized basis and a yield of 4.70%. The ex-dividend date of this dividend is Wednesday, June 13th. View Golden Ocean Group's Dividend History.

Golden Ocean Group's stock 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 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) announced its earnings results on Wednesday, May, 30th. The shipping company reported $0.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.09. The shipping company had revenue of $149.94 million for the quarter, compared to the consensus estimate of $92.61 million. Golden Ocean Group had a net margin of 6.10% and a return on equity of 2.24%. View Golden Ocean Group's Earnings History.

Golden Ocean Group is scheduled to release their next quarterly earnings announcement on Thursday, August, 16th 2018. View Earnings Estimates for Golden Ocean Group.

4 brokerages have issued 12 month target prices for Golden Ocean Group's stock. Their predictions range from $9.50 to $11.00. On average, they expect Golden Ocean Group's share price to reach $10.25 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price. View Analyst Ratings 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 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News articles about GOGL stock have been trending positive on Sunday, according to Accern. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Golden Ocean Group earned a coverage optimism score of 0.28 on Accern's scale. They also gave media coverage about the shipping company an impact score of 45.74 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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 $8.51.

Golden Ocean Group has a market capitalization of $1.23 billion 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.

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]