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

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$8.51 +0.05 (+0.59 %)
(As of 07/16/2018 08:18 AM ET)
Previous Close$8.46
Today's Range$8.47 - $8.61
52-Week Range$6.68 - $9.95
Volume115,817 shs
Average Volume161,801 shs
Market Capitalization$1.23 billion
P/E Ratio-425.50
Dividend Yield4.70%
Beta2.03
Golden Ocean Group logoGolden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Panamax, and Ultramax vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 20, 2018, it owned 68 dry bulk vessels, as well as had 10 chartered-in vessels. The company is based in Hamilton, Bermuda.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
SymbolNASDAQ:GOGL
CUSIPG5299G10
Phone1-441-295-6935

Debt

Debt-to-Equity Ratio0.76
Current Ratio1.19
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio-425.50
Forward P/E Ratio25.03
P/E GrowthN/A

Sales & Book Value

Annual Sales$460.02 million
Price / Sales2.67
Cash Flow$0.6835 per share
Price / Cash12.45
Book Value$10.66 per share
Price / Book0.80

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-2,340,000.00
Net Margins6.10%
Return on Equity2.24%
Return on Assets1.13%

Miscellaneous

Employees32
Outstanding Shares144,250,000
Market Cap$1,227.55

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Golden Ocean Group (NASDAQ:GOGL) Frequently Asked Questions

What is Golden Ocean Group's stock symbol?

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

How often does Golden Ocean Group pay dividends? What is the dividend yield for Golden Ocean Group?

Golden Ocean Group announced a quarterly dividend on Wednesday, May 30th. Investors of record on Thursday, June 14th will be paid 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.

When did Golden Ocean Group's stock split? How did Golden Ocean Group's stock split work?

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.

How were Golden Ocean Group's earnings last quarter?

Golden Ocean Group Ltd (NASDAQ:GOGL) released its quarterly earnings data on Wednesday, May, 30th. The shipping company reported $0.12 EPS for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.09. The shipping company earned $149.94 million during the quarter, compared to the consensus estimate of $92.61 million. Golden Ocean Group had a return on equity of 2.24% and a net margin of 6.10%. View Golden Ocean Group's Earnings History.

When is Golden Ocean Group's next earnings date?

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

What price target have analysts set for GOGL?

4 brokerages have issued 1-year target prices for Golden Ocean Group's stock. Their forecasts range from $9.50 to $11.00. On average, they expect Golden Ocean Group's stock 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.

What is the consensus analysts' recommendation 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."

Who are some of Golden Ocean Group's key competitors?

Who are Golden Ocean Group's key executives?

Golden Ocean Group's management team includes the folowing people:
  • Ms. Birgitte Ringstad Vartdal, Chief Exec. Officer of Golden Ocean Management AS (Age 41)
  • Mr. Per Heiberg, Chief Financial Officer of Golden Ocean Management AS (Age 51)
  • Mr. Thomas Semino, Chief Commercial Officer of Golden Ocean Management Asia Pte Ltd (Age 44)
  • Mr. Tord Brath, Head of Global Operations
  • Ms. Georgina E. Sousa, Company Sec. (Age 67)

Has Golden Ocean Group been receiving favorable news coverage?

News headlines about GOGL stock have trended somewhat positive on Monday, according to Accern. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Golden Ocean Group earned a news impact score of 0.14 on Accern's scale. They also gave news articles about the shipping company an impact score of 45.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

How do I buy shares of 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.

What is Golden Ocean Group's stock price today?

One share of GOGL stock can currently be purchased for approximately $8.51.

How big of a company is Golden Ocean Group?

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.

How can I contact Golden Ocean Group?

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]


MarketBeat Community Rating for Golden Ocean Group (NASDAQ GOGL)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  256 (Vote Underperform)
Total Votes:  514
MarketBeat's community ratings are surveys of what our community members think about Golden Ocean Group and other stocks. Vote "Outperform" if you believe GOGL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GOGL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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