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. Investors of record on Thursday, March 7th will be paid a dividend of $0.05 per share on Thursday, March 21st. This represents a $0.20 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend is Wednesday, March 6th. View Golden Ocean Group's Dividend History.

Golden Ocean Group's stock 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) announced its quarterly earnings data on Tuesday, February, 19th. The shipping company reported $0.16 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.10. The shipping company had revenue of $131.92 million for 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 brokers have issued 12 month target prices for Golden Ocean Group's shares. Their forecasts range from $10.00 to $13.00. On average, they anticipate Golden Ocean Group's share price to reach $11.3333 in the next year. This suggests a possible upside of 101.3% 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 headlines about GOGL stock have trended neutral recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Golden Ocean Group earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.

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 trading volume of 243,900 shares, the days-to-cover ratio is currently 4.8 days. Approximately 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), Odyssey Marine Exploration (OMEX) 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), NVIDIA (NVDA), Star Bulk Carriers (SBLK), Scorpio Bulkers (SALT), Intel (INTC), Seadrill (SDRL), Zoetis (ZTS) and Advanced Micro Devices (AMD).

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 $5.63.

Golden Ocean Group has a market capitalization of $812.24 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.

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]