NASDAQ:GOGL

Golden Ocean Group Stock Forecast, Price & News

$10.98
+0.24 (+2.23 %)
(As of 06/15/2021 03:01 PM ET)
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Today's Range
$10.76
$11.07
50-Day Range
$6.84
$11.09
52-Week Range
$3.17
$11.18
Volume83,309 shs
Average Volume1.24 million shs
Market Capitalization$1.57 billion
P/E Ratio36.60
Dividend Yield9.02%
Beta1.76
30 days | 90 days | 365 days | Advanced Chart
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Golden Ocean Group logo

About Golden Ocean Group

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 18, 2021, it owned a fleet of 67 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

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MarketRank

Overall MarketRank

1.29 out of 5 stars

Transportation Sector

96th out of 249 stocks

Water Transportation Industry

12th out of 29 stocks

Analyst Opinion: 2.5Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
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Golden Ocean Group (NASDAQ:GOGL) Frequently Asked Questions

Is Golden Ocean Group a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Golden Ocean Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Golden Ocean Group stock.
View analyst ratings for Golden Ocean Group
or view top-rated stocks.

What stocks does MarketBeat like better than Golden Ocean Group?

Wall Street analysts have given Golden Ocean Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Golden Ocean Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Golden Ocean Group?

Golden Ocean Group saw a drop in short interest during the month of May. As of May 28th, there was short interest totaling 496,600 shares, a drop of 75.2% from the May 13th total of 2,000,000 shares. Based on an average trading volume of 1,020,000 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company's shares are sold short.
View Golden Ocean Group's Short Interest
.

When is Golden Ocean Group's next earnings date?

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
.

How were Golden Ocean Group's earnings last quarter?

Golden Ocean Group Limited (NASDAQ:GOGL) released its quarterly earnings data on Wednesday, May, 19th. The shipping company reported $0.11 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.11. Golden Ocean Group had a net margin of 7.43% and a trailing twelve-month return on equity of 3.25%.
View Golden Ocean Group's earnings history
.

How has Golden Ocean Group's stock been impacted by COVID-19 (Coronavirus)?

Golden Ocean Group's stock was trading at $3.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GOGL shares have increased by 225.4% and is now trading at $11.03.
View which stocks have been most impacted by COVID-19
.

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

Golden Ocean Group declared a -- dividend on Friday, May 21st. Stockholders of record on Thursday, June 3rd will be paid a dividend of $0.25 per share on Thursday, June 10th. This represents a yield of 9.4%. The ex-dividend date of this dividend is Wednesday, June 2nd.
View Golden Ocean Group's dividend history
.

Is Golden Ocean Group a good dividend stock?

Golden Ocean Group pays an annual dividend of $1.00 per share and currently has a dividend yield of 9.02%. 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.

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

Shares of Golden Ocean Group 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 closing bell 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.

What price target have analysts set for GOGL?

2 brokers have issued 1 year price targets for Golden Ocean Group's stock. Their forecasts range from $12.00 to $12.00. On average, they anticipate Golden Ocean Group's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
View analysts' price targets for Golden Ocean Group
or view top-rated stocks among Wall Street analysts.

Who are Golden Ocean Group's key executives?

Golden Ocean Group's management team includes the following people:
  • Mr. Ulrik Uhrenfeldt Andersen, Chief Exec. Officer (Age 42)
  • Mr. Peder Carl Gram Simonsen, Chief Financial Officer (Age 47)
  • Mr. Lars-Christian Svensen, Chief Commercial Officer (Age 35)
  • Mr. Tord Brath, Head of Global Operations

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

What other stocks do shareholders of Golden Ocean Group own?

What is Golden Ocean Group's stock symbol?

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

Who are Golden Ocean Group's major shareholders?

Golden Ocean Group's stock is owned by many different institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (2.75%), JPMorgan Chase & Co. (2.40%), Renaissance Technologies LLC (2.40%), Arrowstreet Capital Limited Partnership (2.10%), Goldman Sachs Group Inc. (1.56%) and Morgan Stanley (1.15%).

Which major investors are selling Golden Ocean Group stock?

GOGL stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Vanguard Capital Wealth Advisors, Northern Trust Corp, Geode Capital Management LLC, and Clearbridge Investments LLC.

Which major investors are buying Golden Ocean Group stock?

GOGL stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Goldman Sachs Group Inc., Citigroup Inc., Morgan Stanley, Renaissance Technologies LLC, Scion Asset Management LLC, Arrowstreet Capital Limited Partnership, and Russell Investments Group Ltd..

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Golden Ocean Group's stock price today?

One share of GOGL stock can currently be purchased for approximately $11.03.

How much money does Golden Ocean Group make?

Golden Ocean Group has a market capitalization of $1.58 billion and generates $607.94 million in revenue each year.

How many employees does Golden Ocean Group have?

Golden Ocean Group employs 38 workers across the globe.

What is Golden Ocean Group's official website?

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

Where are Golden Ocean Group's headquarters?

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

How can I contact Golden Ocean Group?

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]


This page was last updated on 6/15/2021 by MarketBeat.com Staff
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