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How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Critical asset just had biggest fall on record (Ad)
Consumers are increasingly pushing back against price increases — and winning
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
Critical asset just had biggest fall on record (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
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Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Critical asset just had biggest fall on record (Ad)
Consumers are increasingly pushing back against price increases — and winning
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
Critical asset just had biggest fall on record (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Critical asset just had biggest fall on record (Ad)
Consumers are increasingly pushing back against price increases — and winning
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
Critical asset just had biggest fall on record (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
How this AP photographer captured a unique splash at the swimming worlds with an underwater camera
Critical asset just had biggest fall on record (Ad)
Consumers are increasingly pushing back against price increases — and winning
Corruption scandals cast a shadow over Portugal’s early general election and may favor populists
Critical asset just had biggest fall on record (Ad)
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Delays in promised Western military aid to Ukraine are costing lives, the defense minister says
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move (Ad)
Caribbean leaders meet with Haiti's prime minister. Foreign force deployment is on the agenda
MILAN FASHION PHOTOS: Feben, Rave Review promote looks for women of all shapes, ages and sizes
NASDAQ:GRIN

Grindrod Shipping (GRIN) Stock Price, News & Analysis

$9.05
-0.30 (-3.21%)
(As of 02/23/2024 ET)
Today's Range
$9.05
$9.40
50-Day Range
$8.32
$9.70
52-Week Range
$6.80
$15.40
Volume
7,724 shs
Average Volume
10,465 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
0.66%
Price Target
$12.50

Grindrod Shipping MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
38.1% Upside
$12.50 Price Target
Short Interest
Healthy
1.16% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Grindrod Shipping in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.08 out of 5 stars


GRIN stock logo

About Grindrod Shipping Stock (NASDAQ:GRIN)

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of 15 handysize drybulk carriers and 16 supramax/ultramax drybulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore. Grindrod Shipping Holdings Ltd. operates as a subsidiary of Good Falkirk (MI) Limited.

GRIN Stock Price History

GRIN Stock News Headlines

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Grindrod Shipping (NASDAQ: GRIN)
Grindrod water restrictions eased
Spring melt leads to boil water notice in Grindrod
Grindrod residents not allowed to water outdoors
See More Headlines
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Company Calendar

Last Earnings
11/28/2023
Today
2/25/2024
Next Earnings (Confirmed)
2/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:GRIN
Employees
607
Year Founded
1910

Price Target and Rating

Average Stock Price Target
$12.50
High Stock Price Target
$12.50
Low Stock Price Target
$12.50
Potential Upside/Downside
+38.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$103.37 million
Pretax Margin
-2.92%

Debt

Sales & Book Value

Annual Sales
$460.46 million
Cash Flow
$9.84 per share
Book Value
$14.93 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.73

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Key Executives

  • Mr. Edward Christopher David Buttery (Age 39)
    CEO & Executive Director
  • Ms. Deborah Davel
    Chief Financial Officer
  • Mr. Carl Ackerley
    Chief Operating Officer
  • Sharon Ting
    Company Secretary














GRIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Grindrod Shipping stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grindrod Shipping in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GRIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRIN, but not buy additional shares or sell existing shares.
View GRIN analyst ratings
or view top-rated stocks.

What is Grindrod Shipping's stock price target for 2024?

1 Wall Street research analysts have issued 1-year price objectives for Grindrod Shipping's stock. Their GRIN share price targets range from $12.50 to $12.50. On average, they anticipate the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 38.1% from the stock's current price.
View analysts price targets for GRIN
or view top-rated stocks among Wall Street analysts.

How have GRIN shares performed in 2024?

Grindrod Shipping's stock was trading at $9.01 at the beginning of 2024. Since then, GRIN stock has increased by 0.4% and is now trading at $9.05.
View the best growth stocks for 2024 here
.

When is Grindrod Shipping's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our GRIN earnings forecast
.

How were Grindrod Shipping's earnings last quarter?

Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) issued its quarterly earnings results on Tuesday, November, 28th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by $0.12. The company earned $112.46 million during the quarter. Grindrod Shipping had a positive trailing twelve-month return on equity of 1.90% and a negative net margin of 3.11%.

How often does Grindrod Shipping pay dividends? What is the dividend yield for Grindrod Shipping?

Grindrod Shipping announced a -- dividend on Friday, September 29th. Shareholders of record on Friday, October 20th will be given a dividend of $1.016 per share on Thursday, October 19th. This represents a yield of 27.2%. The ex-dividend date is Thursday, October 19th.
Read our dividend analysis for GRIN
.

Is Grindrod Shipping a good dividend stock?

Grindrod Shipping (NASDAQ:GRIN) pays an annual dividend of $0.06 per share and currently has a dividend yield of 0.66%.
Read our dividend analysis for GRIN.

What other stocks do shareholders of Grindrod Shipping own?
Who are Grindrod Shipping's major shareholders?

Grindrod Shipping's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Mraz Amerine & Associates Inc. (0.00%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Grindrod Shipping?

Shares of GRIN 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.
Compare Top Brokerages Here.

This page (NASDAQ:GRIN) was last updated on 2/25/2024 by MarketBeat.com Staff