NASDAQ:GRIN Grindrod Shipping (GRIN) Stock Price, News & Analysis → There’s only one solution to the impending energy catastrophe… (From DTI) (Ad) Free GRIN Stock Alerts $13.70 +0.05 (+0.37%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$13.66▼$13.7350-Day Range$13.50▼$13.9752-Week Range$7.35▼$14.90Volume23,987 shsAverage Volume8,989 shsMarket CapitalizationN/AP/E RatioN/ADividend YieldN/APrice Target$12.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Grindrod Shipping alerts: Email Address Grindrod Shipping MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.8% Downside$12.50 Price TargetShort InterestHealthy0.48% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.0.13 out of 5 stars 1.0 Analyst's Opinion Consensus RatingGrindrod Shipping has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageGrindrod Shipping has received no research coverage in the past 90 days.Read more about Grindrod Shipping's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.48% of the float of Grindrod Shipping has been sold short.Short Interest Ratio / Days to CoverGrindrod Shipping has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Grindrod Shipping has recently increased by 10.07%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrindrod Shipping does not currently pay a dividend.Dividend GrowthGrindrod Shipping does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GRIN. Previous Next 1.9 News and Social Media Coverage News SentimentGrindrod Shipping has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Grindrod Shipping this week, compared to 0 articles on an average week.MarketBeat FollowsOnly 1 people have added Grindrod Shipping to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grindrod Shipping insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.77% of the stock of Grindrod Shipping is held by insiders.Read more about Grindrod Shipping's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Grindrod Shipping is -27.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Grindrod Shipping is -27.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGrindrod Shipping has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Grindrod Shipping's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report 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 vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities. Its customers include shipping companies, mining companies, commodity trading houses, 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.Read More GRIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GRIN Stock News HeadlinesMay 27, 2024 | msn.comGrindrod Limited AGM Results: Majority of Resolutions Passed, Share Issuance Authority DeclinedMay 14, 2024 | globenewswire.comGrindrod Shipping Holdings Ltd. Announces Despatch of Circular and Notice of Extraordinary General Meeting to ShareholdersApril 11, 2024 | seekingalpha.comGrindrod Shipping: Still Not My Favorite Dry Bulk StockApril 7, 2024 | msn.comGrindrod Shipping Holdings Announces Shareholder Cash-Out PlanApril 5, 2024 | seekingalpha.comGrindrod Shipping: Minority Shareholder Buyout Proposal Might Not PassApril 5, 2024 | seekingalpha.comGrindrod Shipping: Minority Shareholder Buyout Proposal Might Not PassApril 5, 2024 | markets.businessinsider.comGrindrod Shipping Surges In Pre-market On Capital Reduction PlanApril 5, 2024 | msn.comGrindrod Shipping, Shengfeng Development, XTI Aerospace among industrial moversApril 5, 2024 | msn.comBiggest stock mover today: Grindrod Shipping HoldingsApril 4, 2024 | msn.comGrindrod Shipping to seek shareholder OK for selective capital reductionApril 4, 2024 | globenewswire.comGrindrod Shipping Holdings Ltd. Announces Proposed Selective Capital ReductionApril 2, 2024 | msn.comGrindrod Shipping Holdings Announces Virtual Annual General MeetingApril 2, 2024 | msn.comGrindrod Shipping Files 2023 Annual Report, Confirms No Changes to Preliminary ResultsMarch 30, 2024 | msn.comGrindrod Authorizes Financial Support to Related CompaniesMarch 15, 2024 | msn.comGrindrod Shipping Secures New $83 Million Loan to Refinance DebtMarch 8, 2024 | msn.comGrindrod dividend soars after good growth in Maputo port volumesFebruary 28, 2024 | markets.businessinsider.comGrindrod Shipping is about to announce earnings — here's what Wall Street expectsFebruary 28, 2024 | globenewswire.comGrindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023February 27, 2024 | benzinga.comEarnings Outlook For Grindrod Shipping HldgsFebruary 21, 2024 | finance.yahoo.comGrindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023February 21, 2024 | globenewswire.comGrindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023January 14, 2024 | seekingalpha.comGrindrod Shipping: Favorable Outlook, M&A Completion, And Very CheapJanuary 9, 2024 | seekingalpha.comGrindrod Shipping: When A Young Fleet And Healthy Financials Are Not EnoughJanuary 8, 2024 | seekingalpha.comGenco Shipping: A Quality Company With Excellent Financials And Attractive Dividend YieldsJanuary 8, 2024 | seekingalpha.comSafe Bulkers: My Favorite Bulker Stock To Play The Shipping CycleSee More Headlines Receive GRIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grindrod Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/28/2023Today6/16/2024Next Earnings (Estimated)6/19/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNASDAQ:GRIN CUSIPN/A CIK1725293 Webwww.grinshipping.com Phone65-6632-1315Fax65-6323-0046Employees1,015Year Founded1910Price Target and Rating Average Stock Price Target$12.50 High Stock Price Target$12.50 Low Stock Price Target$12.50 Potential Upside/Downside-8.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.50) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,620,000.00 Net Margins-2.49% Pretax Margin-2.31% Return on Equity-2.89% Return on Assets-1.63% Debt Debt-to-Equity Ratio0.51 Current Ratio1.13 Quick Ratio1.01 Sales & Book Value Annual Sales$387.10 million Price / SalesN/A Cash Flow$9.79 per share Price / Cash Flow1.40 Book Value$14.93 per share Price / Book0.92Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.61 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Edward Christopher David Buttery (Age 40)CEO & Executive Director Ms. Deborah DavelChief Financial OfficerMr. Carl AckerleyChief Operating OfficerSharon TingCompany SecretaryKey CompetitorsEuronavNYSE:EURNFrontlineNYSE:FROScorpio TankersNYSE:STNGTORMNASDAQ:TRMDZIM Integrated Shipping ServicesNYSE:ZIMView All Competitors 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 analysts have issued 12-month price targets for Grindrod Shipping's shares. Their GRIN share price targets range from $12.50 to $12.50. On average, they expect the company's stock price to reach $12.50 in the next twelve months. This suggests that the stock has a possible downside of 8.8%. 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 start of the year. Since then, GRIN shares have increased by 52.1% and is now trading at $13.70. View the best growth stocks for 2024 here. Are investors shorting Grindrod Shipping? Grindrod Shipping saw a increase in short interest in May. As of May 31st, there was short interest totaling 16,400 shares, an increase of 10.1% from the May 15th total of 14,900 shares. Based on an average daily volume of 22,900 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the company's stock are short sold. View Grindrod Shipping's Short Interest. When is Grindrod Shipping's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 19th 2024. View our GRIN earnings forecast. How were Grindrod Shipping's earnings last quarter? Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) released its quarterly earnings data on Tuesday, November, 28th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.21) by $0.12. The firm had revenue of $112.46 million for the quarter. Grindrod Shipping had a negative net margin of 2.49% and a negative trailing twelve-month return on equity of 2.89%. How often does Grindrod Shipping pay dividends? What is the dividend yield for Grindrod Shipping? Grindrod Shipping declared 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. What other stocks do shareholders of Grindrod Shipping own? Based on aggregate information from My MarketBeat watchlists, some companies that other Grindrod Shipping investors own include EnLink Midstream (ENLC), Golar LNG Partners (GMLP), New Residential Investment (NRZ), Washington Prime Group (WPG), Pennsylvania Real Estate Investment Trust (PEI), Bionano Genomics (BNGO), CBL & Associates Properties (CBL), DHT (DHT) and Zosano Pharma (ZSAN). 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 6/16/2024 by MarketBeat.com Staff From Our PartnersHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredTop 5 Tech Stocks to Buy for 2024The next evolution of technology is already upending industries worth $7 Trillion… It's already got the world'...Daily Market Alerts | SponsoredAI's Next Magnificent SevenThe Original Magnificent Seven Produced 16,894% Average Returns Over 20 Years.The Oxford Club | SponsoredThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. 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