Genco Shipping & Trading (GNK) Stock Price, News & Analysis

Company Overview

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, bauxite, steel products, and other drybulk cargoes. It operates through the Major Bulk and Minor Bulk segments. The Major Bulk segment focuses on Capesize vessels. The Minor Bulk segment consists of Ultramax and Supramax vessels. The company was founded on September 27, 2004 and is headquartered in New York, NY.

Key Stats

• Today's Range: $16.23 to $16.76
• 50-Day Range: $12.94 to $16.94
• 52-Week Range: $11.20 to $19.51
• Volume: 691,943 shs
• Average Volume: 761,026 shs
• Market Capitalization: $698.10 million
• P/E Ratio: 47.79
• Dividend Yield: 3.69%
• Price Target: $19.33
• Consensus Rating: Buy

Genco Shipping & Trading Stock Analysis - MarketRank™

Genco Shipping & Trading scored higher than 68% of companies evaluated by MarketBeat, and ranked 56th out of 122 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: 2.6 / 5
• Analyst Rating: Buy

Consensus Rating

Genco Shipping & Trading has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Genco Shipping & Trading has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 135.42%

Earnings Growth

Earnings for Genco Shipping & Trading are expected to grow by 135.42% in the coming year, from $0.48 to $1.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Genco Shipping & Trading is 47.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 27.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Genco Shipping & Trading is 47.79, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.77.

Price to Book Value per Share Ratio

Genco Shipping & Trading has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.37% of the float of Genco Shipping & Trading has been sold short.

Short Interest Ratio / Days to Cover

Genco Shipping & Trading has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Genco Shipping & Trading has recently decreased by 0.39%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Genco Shipping & Trading is a leading dividend payer. It pays a dividend yield of 3.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Genco Shipping & Trading does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Genco Shipping & Trading is 57.69%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Genco Shipping & Trading will have a dividend payout ratio of 53.10% next year. This indicates that Genco Shipping & Trading will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

7.37% of the float of Genco Shipping & Trading has been sold short.

Short Interest Ratio / Days to Cover

Genco Shipping & Trading has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Genco Shipping & Trading has recently decreased by 0.39%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.12

News Sentiment

Genco Shipping & Trading has a news sentiment score of 0.12. 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 0.62 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Genco Shipping & Trading this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for GNK on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Genco Shipping & Trading to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Genco Shipping & Trading insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.37% of the stock of Genco Shipping & Trading is held by insiders.

Percentage Held by Institutions

58.62% of the stock of Genco Shipping & Trading is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GNK Stock Analysis - Frequently Asked Questions

How have GNK shares performed this year?

Genco Shipping & Trading's stock was trading at $13.94 at the beginning of the year. Since then, GNK shares have increased by 16.6% and is now trading at $16.25.

How were Genco Shipping & Trading's earnings last quarter?

Genco Shipping & Trading Limited (NYSE:GNK) issued its earnings results on Wednesday, August, 6th. The shipping company reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01. The firm's revenue was down 24.4% compared to the same quarter last year.
Read the conference call transcript.

Who are Genco Shipping & Trading's major shareholders?

Top institutional investors of Genco Shipping & Trading include Townsend & Associates Inc (2.90%), Geode Capital Management LLC (2.29%), CSM Advisors LLC (0.69%) and SG Americas Securities LLC (0.51%). Insiders that own company stock include John C Wobensmith, Arthur L Regan, Jesper Christensen, Peter George Allen, Cayman Gp Ltd Ccp II, Joseph Adamo, Apostolos Zafolias and Robert E Hughes.
View institutional ownership trends.

How do I buy shares of Genco Shipping & Trading?

Shares of GNK 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 Genco Shipping & Trading own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Genco Shipping & Trading investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Ex-Dividend for 5/30 Dividend: 5/22/2025
• Record date for 5/30 Dividend: 5/23/2025
• Dividend Payable: 5/30/2025
• Last Earnings: 8/06/2025
• Today: 8/08/2025
• Record date for 8/25 Dividend: 8/18/2025
• Ex-Dividend for 8/25 Dividend: 8/18/2025
• Dividend Payable: 8/25/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NYSE:GNK
• Previous Symbol: OTCBB:GSKNF
• CIK: 1326200
• Web: www.gencoshipping.com
• Phone: (646) 443-8550
• Fax: 646-443-8551
• Employees: 1,010
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Genco Shipping & Trading: $19.33
• High Price Target: $22.00
• Low Price Target: $17.00
• Potential Upside/Downside: +19.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.04
• Trailing P/E Ratio: 47.79
• Forward P/E Ratio: 33.85
• P/E Growth: N/A
• Net Income: $76.40 million
• Net Margins: 4.40%
• Pretax Margin: 4.36%
• Return on Equity: 1.40%
• Return on Assets: 1.23%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 1.63
• Quick Ratio: 1.28

Sales & Book Value

• Annual Sales: $423.02 million
• Price / Sales: 1.65
• Cash Flow: $3.51 per share
• Price / Cash Flow: 4.63
• Book Value: $20.79 per share
• Price / Book: 0.78

Miscellaneous

• Outstanding Shares: 42,960,000
• Free Float: 41,941,000
• Market Cap: $698.10 million
• Optionable: Not Optionable
• Beta: 1.19