Golden Ocean Group Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golden Ocean Group in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Golden Ocean Group stock.
View analyst ratings for Golden Ocean Group or view top-rated stocks.

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Golden Ocean Group saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,660,000 shares, an increase of 203.7% from the June 30th total of 546,600 shares. Based on an average daily volume of 1,110,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.4% of the shares of the company are short sold.
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Golden Ocean Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 17th 2021.
View our earnings forecast for Golden Ocean Group.

Golden Ocean Group Limited (NASDAQ:GOGL) issued its earnings results on Wednesday, May, 19th. The shipping company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. The shipping company had revenue of $158.05 million for the quarter. Golden Ocean Group had a trailing twelve-month return on equity of 3.25% and a net margin of 7.43%.
View Golden Ocean Group's earnings history.

Golden Ocean Group's stock was trading at $3.39 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GOGL stock has increased by 188.2% and is now trading at $9.77.
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Golden Ocean Group announced a -- dividend on Friday, May 21st. Stockholders of record on Thursday, June 3rd will be given a dividend of $0.25 per share on Thursday, June 10th. This represents a dividend yield of 9.4%. The ex-dividend date of this dividend is Wednesday, June 2nd.
View Golden Ocean Group's dividend history.

Golden Ocean Group pays an annual dividend of $1.00 per share and currently has a dividend yield of 10.17%. GOGL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Golden Ocean Group's dividend history.

Shares of Golden Ocean Group reverse split 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.

3 brokerages have issued 1 year price targets for Golden Ocean Group's stock. Their forecasts range from $11.50 to $12.00. On average, they expect Golden Ocean Group's stock price to reach $11.75 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
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Some companies that are related to Golden Ocean Group include Kinder Morgan (KMI), The Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Golar LNG (GLNG), Scorpio Tankers (STNG), SFL (SFL), Teekay Tankers (TNK), Nordic American Tankers (NAT) and Teekay (TK).
View all of GOGL's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Golden Ocean Group investors own include Scorpio Bulkers (SALT), Star Bulk Carriers (SBLK), Intel (INTC), Tsakos Energy Navigation (TNP), Uniti Group (UNIT), Capital Product Partners (CPLP), Enterprise Products Partners (EPD), Golar LNG Partners (GMLP), Prospect Capital (PSEC) and Apollo Investment (AINV).

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

Golden Ocean Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (0.03%) and Vanguard Capital Wealth Advisors (0.02%).

GOGL stock was sold by a variety of institutional investors in the last quarter, including Vanguard Capital Wealth Advisors.

GOGL stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd..

Shares of GOGL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GOGL stock can currently be purchased for approximately $9.77.

Golden Ocean Group has a market capitalization of $1.40 billion and generates $607.94 million in revenue each year.

Golden Ocean Group employs 38 workers across the globe.

The official website for Golden Ocean Group is www.goldenocean.bm.

Golden Ocean Group is headquartered at PAR LA VILLE PLACE 4TH FLOOR 14 PAR LA VILLE ROAD, HAMILTON HM 08 D0, HM 08.

Golden Ocean Group's mailing address is PAR LA VILLE PLACE 4TH FLOOR 14 PAR LA VILLE ROAD, HAMILTON HM 08 D0, HM 08. The shipping company can be reached via phone at 441-295-6935 or via email at [email protected]