NASDAQ:GOGL - Golden Ocean Group Stock Price, News, & Analysis

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

Golden Ocean Group announced a quarterly dividend on Wednesday, November 21st. Investors of record on Thursday, December 6th will be given a dividend of $0.15 per share on Thursday, December 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.15%. The ex-dividend date of this dividend is Wednesday, December 5th. This is a positive change from Golden Ocean Group's previous quarterly dividend of $0.10. View Golden Ocean Group's Dividend History.

Golden Ocean Group's stock 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 Ltd (NASDAQ:GOGL) issued its quarterly earnings results on Tuesday, November, 20th. The shipping company reported $0.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.16 by $0.08. The shipping company earned $189.26 million during the quarter, compared to the consensus estimate of $120.01 million. Golden Ocean Group had a return on equity of 5.91% and a net margin of 13.95%. View Golden Ocean Group's Earnings History.

Golden Ocean Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Golden Ocean Group.

5 equities research analysts have issued 12-month price objectives for Golden Ocean Group's shares. Their forecasts range from $9.50 to $13.00. On average, they anticipate Golden Ocean Group's share price to reach $10.8750 in the next twelve months. This suggests a possible upside of 102.1% from the stock's current price. View Analyst Price Targets for Golden Ocean Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Golden Ocean Group in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Golden Ocean Group.

Media headlines about GOGL stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Golden Ocean Group earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

Golden Ocean Group saw a decrease in short interest in January. As of January 15th, there was short interest totalling 509,079 shares, a decrease of 24.8% from the December 31st total of 676,753 shares. Based on an average daily trading volume, of 122,471 shares, the short-interest ratio is presently 4.2 days. Approximately 0.6% of the shares of the stock are sold short. View Golden Ocean Group's Current Options Chain.

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

Golden Ocean Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Riverstone Holdings LLC (2.88%), Duff & Phelps Investment Management Co. (0.56%), Segall Bryant & Hamill LLC (0.48%), Citigroup Inc. (0.39%), CarVal Investors LLC (0.28%) and Dimensional Fund Advisors LP (0.24%).

GOGL stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Bank of America Corp DE, Riverstone Holdings LLC, California Public Employees Retirement System and Dimensional Fund Advisors LP.

GOGL stock was acquired by a variety of institutional investors in the last quarter, including Segall Bryant & Hamill LLC, CarVal Investors LLC, Citigroup Inc., Millennium Management LLC, Duff & Phelps Investment Management Co., Gotham Asset Management LLC, GSA Capital Partners LLP and Northern Trust Corp.

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 $5.38.

Golden Ocean Group has a market capitalization of $776.05 million 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.

The official website for Golden Ocean Group is http://www.goldenocean.no.

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]