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

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

Golden Ocean Group declared a quarterly dividend on Thursday, August 15th. Investors of record on Friday, August 30th will be given a dividend of $0.10 per share on Thursday, September 12th. This represents a $0.40 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date is Thursday, August 29th. This is a positive change from Golden Ocean Group's previous quarterly dividend of $0.03. View Golden Ocean Group's Dividend History.

Golden Ocean Group shares 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.

Golden Ocean Group Ltd (NASDAQ:GOGL) posted its quarterly earnings data on Thursday, August, 15th. The shipping company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.01. The shipping company had revenue of $115.78 million for the quarter. Golden Ocean Group had a net margin of 3.02% and a return on equity of 2.10%. View Golden Ocean Group's Earnings History.

Golden Ocean Group is scheduled to release their next quarterly earnings announcement on Friday, November 29th 2019. View Earnings Estimates for Golden Ocean Group.

2 brokerages have issued 1 year price objectives for Golden Ocean Group's shares. Their forecasts range from $10.00 to $10.00. On average, they expect Golden Ocean Group's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 63.4% from the stock's current price. View Analyst Price Targets for Golden Ocean Group.

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

News coverage about GOGL stock has trended somewhat positive on Monday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Golden Ocean Group earned a news sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Golden Ocean Group.

Golden Ocean Group saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 685,400 shares, a decrease of 28.4% from the August 30th total of 956,700 shares. Based on an average daily trading volume, of 245,700 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.7% of the shares of the company are short sold. View Golden Ocean Group's Current Options Chain.

Some companies that are related to Golden Ocean Group include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Scorpio Tankers (STNG), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT), Teekay (TK) and Enlink Midstream (XTXI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Golden Ocean Group investors own include Star Bulk Carriers (SBLK), Blue Ridge Mountain Resources (MHRCQ), Boeing (BA), Scorpio Bulkers (SALT), Eyepoint Pharmaceuticals (EYPT), TSAKOS ENERGY N/SH (tnp), Intel (INTC), NVIDIA (NVDA), AbbVie (ABBV) and Seadrill (SDRL).

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.

One share of GOGL stock can currently be purchased for approximately $6.12.

Golden Ocean Group has a market capitalization of $878.40 million and generates $656.07 million in revenue each year. Golden Ocean Group employs 32 workers across the globe.View Additional Information About Golden Ocean Group.

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

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]