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 declared a quarterly dividend on Tuesday, February 20th. Investors of record on Monday, March 5th will be paid a dividend of $0.10 per share on Thursday, March 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 4.81%. The ex-dividend date is Friday, March 2nd. This is an increase from Golden Ocean Group's previous quarterly dividend of $0.05. 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 (NASDAQ:GOGL) announced its earnings results on Tuesday, February, 20th. The shipping company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.06. The shipping company had revenue of $151.45 million for the quarter, compared to analysts' expectations of $104.91 million. Golden Ocean Group had a negative return on equity of 0.17% and a negative net margin of 0.51%. View Golden Ocean Group's Earnings History.

Golden Ocean Group is scheduled to release their next quarterly earnings announcement on Thursday, May, 31st 2018. View Earnings Estimates for Golden Ocean Group.

6 equities research analysts have issued 12 month target prices for Golden Ocean Group's shares. Their predictions range from $9.50 to $11.50. On average, they expect Golden Ocean Group's stock price to reach $10.3333 in the next twelve months. View Analyst Ratings for Golden Ocean Group.

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

News coverage about GOGL stock has trended somewhat positive on Monday, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Golden Ocean Group earned a daily sentiment score of 0.04 on Accern's scale. They also gave headlines about the shipping company an impact score of 45.47 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Golden Ocean Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Carlyle Group L.P. (6.02%), UBS Group AG (0.60%), Millennium Management LLC (0.59%), Duff & Phelps Investment Management Co. (0.42%), Russell Investments Group Ltd. (0.34%) and Jane Street Group LLC (0.16%). View Institutional Ownership Trends for Golden Ocean Group.

GOGL stock was sold by a variety of institutional investors in the last quarter, including Carlyle Group L.P. and Russell Investments Group Ltd.. View Insider Buying and Selling for Golden Ocean Group.

GOGL stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Duff & Phelps Investment Management Co., Millennium Management LLC, Jane Street Group LLC, GSA Capital Partners LLP, M&T Bank Corp, A.R.T. Advisors LLC and Barclays PLC. View Insider Buying and Selling for Golden Ocean Group.

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 $8.31.

Golden Ocean Group has a market capitalization of $1.19 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 29 workers across the globe.

Golden Ocean Group's mailing address is Par-la-Ville Place 14 Par-la-Ville Road, HAMILTON HM 08 D0, HM 08. The shipping company can be reached via phone at 1-441-295-6935 or via email at [email protected]