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

Company Overview

Golden Ocean Group is a Bermuda-based shipping company specializing in the transportation of dry bulk commodities. Listed on the Nasdaq under the ticker GOGL, the firm owns and operates a modern fleet of Capesize, Panamax, and Supramax vessels. Its core business revolves around providing ocean transport services for bulk cargoes such as iron ore, coal, grain and fertilisers under time or voyage charter contracts with leading charterers, commodity traders and industrial end-users.

Since its establishment in the mid-2000s, Golden Ocean Group has focused on enhancing operational efficiency and fleet utilization through in-house technical management and strategic partnerships with shipyards and service providers. The company’s vessels benefit from regular maintenance, fuel optimization measures and compliance with evolving environmental regulations, positioning it to meet growing demand for sustainable maritime transport solutions. Golden Ocean’s commercial team actively negotiates charter contracts that seek to balance revenue stability with exposure to favourable market conditions.

Golden Ocean Group serves a global clientele, with its vessels regularly deployed across major trade routes in the Atlantic, Pacific and Indian oceans. Key trading regions include Brazil, Australia, North America and Southeast Asia, where the company’s ships carry raw materials feeding steel mills, power plants and agricultural markets. By maintaining offices in Oslo and Singapore, Golden Ocean sustains close relationships with shipbrokers, charterers and financiers in Europe and Asia, enhancing its ability to respond swiftly to market developments.

The company traces its roots to a spin-off from a prominent maritime enterprise and has grown under the guidance of a board chaired by shipping magnate John Fredriksen. Its executive leadership, led by Chief Executive Officer Ulrik Andersen, is supported by a team of maritime professionals responsible for finance, technical operations and commercial strategy. Golden Ocean’s management emphasizes strong corporate governance and transparency, aiming to deliver long-term value through disciplined capital allocation and fleet renewal.

Key Stats

• Today's Range: $7.83 to $8.01
• 50-Day Range: $7.17 to $8.07
• 52-Week Range: $6.27 to $13.92
• Volume: 4.08 million shs
• Average Volume: 2.32 million shs
• Market Capitalization: $1.58 billion
• P/E Ratio: 13.82
• Dividend Yield: 2.54%
• Price Target: $10.25
• Consensus Rating: Hold

Golden Ocean Group Stock Analysis - MarketRank™

Golden Ocean Group scored higher than 55% of companies evaluated by MarketBeat, and ranked 75th out of 126 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Golden Ocean Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Golden Ocean Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -16.67%

Earnings Growth

Earnings for Golden Ocean Group are expected to decrease by -16.67% in the coming year, from $1.14 to $0.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Golden Ocean Group is 13.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Golden Ocean Group is 13.82, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.10.

Price to Book Value per Share Ratio

Golden Ocean Group has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.11% of the float of Golden Ocean Group has been sold short.

Short Interest Ratio / Days to Cover

Golden Ocean Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Golden Ocean Group has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Golden Ocean Group pays a meaningful dividend of 2.52%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Golden Ocean Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Golden Ocean Group is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Golden Ocean Group will have a dividend payout ratio of 21.05% next year. This indicates that Golden Ocean Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.11% of the float of Golden Ocean Group has been sold short.

Short Interest Ratio / Days to Cover

Golden Ocean Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Golden Ocean Group has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

6 people have searched for GOGL on MarketBeat in the last 30 days.

MarketBeat Follows

Only 4 people have added Golden Ocean Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Golden Ocean Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 22.00% of the stock of Golden Ocean Group is held by institutions.

GOGL Stock Analysis - Frequently Asked Questions

How have GOGL shares performed this year?

Golden Ocean Group's stock was trading at $8.96 at the start of the year. Since then, GOGL stock has decreased by 12.1% and is now trading at $7.8750.

How were Golden Ocean Group's earnings last quarter?

Golden Ocean Group Limited (NASDAQ:GOGL) issued its quarterly earnings data on Wednesday, May, 21st. The shipping company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.09. The shipping company had revenue of $115 million for the quarter, compared to analyst estimates of $106.48 million. Golden Ocean Group had a trailing twelve-month return on equity of 5.56% and a net margin of 13.16%.
Read the conference call transcript.

When did Golden Ocean Group's stock split?

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 market closes on Friday, July 29th 2016. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of Golden Ocean Group?

Shares of GOGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Golden Ocean Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Golden Ocean Group investors own include Cuisine Solutions (CUSI), InnerScope Hearing Technologies (INND), UnitedHealth Group (UNH), Gilead Sciences (GILD), Johnson & Johnson (JNJ), Corning (GLW) and American Tower (AMT).

Company Calendar

• Last Earnings: 5/21/2025
• Record date for 6/17 Dividend: 6/05/2025
• Ex-Dividend for 6/17 Dividend: 6/05/2025
• Dividend Payable: 6/17/2025
• Today: 7/05/2025
• Next Earnings (Estimated): 8/27/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NASDAQ:GOGL
• Previous Symbol: NASDAQ:VLCCF
• CIK: 1029145
• Web: www.goldenocean.bm
• Phone: (441) 295-6935
• Fax: 1-441-295-3494
• Employees: 40
• Year Founded: 2004

Price Target and Rating

• Average Stock Price Target: $10.25
• High Stock Price Target: $12.50
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +30.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.57
• Trailing P/E Ratio: 13.82
• Forward P/E Ratio: 6.91
• P/E Growth: N/A
• Net Income: $223.21 million
• Net Margins: 13.16%
• Pretax Margin: 13.25%
• Return on Equity: 5.56%
• Return on Assets: 3.08%

Debt

• Debt-to-Equity Ratio: 0.66
• Current Ratio: 0.81
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $968.42 million
• Price / Sales: 1.63
• Cash Flow: $1.72 per share
• Price / Cash Flow: 4.58
• Book Value: $9.50 per share
• Price / Book: 0.83

Miscellaneous

• Outstanding Shares: 200,030,000
• Free Float: N/A
• Market Cap: $1.58 billion
• Optionable: Optionable
• Beta: 1.05