NASDAQ:GOGLGolden Ocean Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Golden Ocean Group Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $3.28 +0.07 (+2.18 %) (As of 04/8/2020 10:19 AM ET) Add Compare Share Today's Range$3.26Now: $3.28▼$3.2950-Day Range$2.55MA: $3.52▼$4.7252-Week Range$2.52Now: $3.28▼$6.92Volume216 shsAverage Volume340,078 shsMarket Capitalization$469.95 millionP/E Ratio12.15Dividend Yield6.31%Beta1.76 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Golden 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 21, 2019, it owned 67 dry bulk vessels, as well as had 10 chartered-in vessels. The company is based in Hamilton, Bermuda.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Golden Ocean Group. Previous Next 2.3 Community Rank Outperform VotesGolden Ocean Group has received 352 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGolden Ocean Group has received 421 “underperform” votes. (Add your “underperform” vote.)Community SentimentGolden Ocean Group has received 54.46% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipGolden Ocean Group is a leading dividend payer. It pays a dividend yield of 6.31%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGolden Ocean Group does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Golden Ocean Group insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 18.45% of the stock of Golden Ocean Group is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Golden Ocean Group is 12.15, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Golden Ocean Group is 12.15, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.42.Price to Book Value per Share RatioGolden Ocean Group has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.92 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNASDAQ:GOGL Previous SymbolNASDAQ:VLCCF CUSIPG5299G10 CIK1029145 Webhttp://www.goldenocean.bm/ Phone441-295-6935Debt Debt-to-Equity Ratio0.81 Current Ratio1.17 Quick Ratio1.05Price-To-Earnings Trailing P/E Ratio12.15 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$705.80 million Price / Sales0.67 Cash Flow$1.30 per share Price / Cash Flow2.53 Book Value$10.54 per share Price / Book0.31Profitability EPS (Most Recent Fiscal Year)N/A Net Income$37.19 million Net Margins5.27% Return on Equity3.37% Return on Assets1.72%Miscellaneous Employees32 Outstanding Shares143,278,000Market Cap$469.95 million Next Earnings Date5/27/2020 (Estimated) OptionableOptionable Receive GOGL News and Ratings via Email Sign-up to receive the latest news and ratings for GOGL and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:GOGL Rates by TradingView Golden Ocean Group (NASDAQ:GOGL) Frequently Asked Questions 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GOGL shares have decreased by 3.2% and is now trading at $3.28. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Golden Ocean Group? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golden Ocean Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Golden Ocean Group. When is Golden Ocean Group's next earnings date? Golden Ocean Group is scheduled to release its next quarterly earnings announcement on Wednesday, May 27th 2020. View our earnings forecast for Golden Ocean Group. How were Golden Ocean Group's earnings last quarter? Golden Ocean Group Ltd (NASDAQ:GOGL) released its quarterly earnings results on Tuesday, February, 18th. The shipping company reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.03. The shipping company earned $244.67 million during the quarter. Golden Ocean Group had a return on equity of 3.37% and a net margin of 5.27%. View Golden Ocean Group's earnings history. How often does Golden Ocean Group pay dividends? What is the dividend yield for Golden Ocean Group? Golden Ocean Group declared a quarterly dividend on Tuesday, February 18th. Investors of record on Friday, March 6th will be given a dividend of $0.05 per share on Thursday, March 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date is Thursday, March 5th. 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. Has Golden Ocean Group been receiving favorable news coverage? Media coverage about GOGL stock has been trending very negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Golden Ocean Group earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutGolden Ocean Group. Are investors shorting Golden Ocean Group? Golden Ocean Group saw a decline in short interest in February. As of February 28th, there was short interest totaling 1,050,000 shares, a decline of 16.0% from the February 13th total of 1,250,000 shares. Based on an average daily trading volume, of 284,900 shares, the short-interest ratio is currently 3.7 days. Currently, 1.1% of the shares of the company are sold short. View Golden Ocean Group's Current Options Chain. Who are some of Golden Ocean Group's key competitors? Some companies that are related to Golden Ocean Group include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), SemGroup (SEMG), Ship Finance International (SFL), Scorpio Tankers (STNG), Golar LNG (GLNG), Teekay Tankers (TNK), Nordic American Tanker (NAT), Teekay (TK) and GasLog (GLOG). What other stocks do shareholders of Golden Ocean Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Golden Ocean Group investors own include Scorpio Bulkers (SALT), TSAKOS ENERGY N/SH (TNP), Capital Product Partners (CPLP), Golar LNG Partners (GMLP), Star Bulk Carriers (SBLK), Seadrill (SDRL), Blue Ridge Mountain Resources (MHRCQ), Intel (INTC), NY MTG TR INC/SH (NYMT) and Uniti Group (UNIT). Who are Golden Ocean Group's key executives? Golden Ocean Group's management team includes the following people: Mr. Per Heiberg, Chief Financial Officer of Golden Ocean Management AS (Age 52)Mr. Thomas Semino, Chief Commercial Officer of Golden Ocean Management Asia Pte Ltd (Age 45)Ms. Birgitte Ringstad Vartdal, Chief Exec. Officer of Golden Ocean Management AS (Age 42)Mr. Tord Brath, Head of Global OperationsMs. Georgina E. Sousa, Company Sec. (Age 68) What is Golden Ocean Group's stock symbol? Golden Ocean Group trades on the NASDAQ under the ticker symbol "GOGL." 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, Robinhood, Fidelity, and Charles Schwab. What is Golden Ocean Group's stock price today? One share of GOGL stock can currently be purchased for approximately $3.28. How big of a company is Golden Ocean Group? Golden Ocean Group has a market capitalization of $469.95 million and generates $705.80 million in revenue each year. Golden Ocean Group employs 32 workers across the globe. View additional information about Golden Ocean Group. What is Golden Ocean Group's official website? The official website for Golden Ocean Group is http://www.goldenocean.bm/. 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 4/8/2020 by MarketBeat.com StaffFeatured Article: What is a Futures Contract?
