Free Trial
NYSE:GNK

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

Genco Shipping & Trading logo
$26.03 +0.75 (+2.96%)
Closing price 11/6/2026 03:59 PM Eastern
Extended Trading
$25.75 -0.28 (-1.07%)
As of 11/6/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Genco Shipping & Trading Stock (NYSE:GNK)

Advanced

Key Stats

Today's Range
$25.15
▼
$26.11
50-Day Range
$24.43
▼
$28.17
52-Week Range
$16.42
▼
$28.42
Volume
622,329 shs
Average Volume
578,512 shs
Market Capitalization
$1.13 billion
P/E Ratio
14.62
Dividend Yield
16.14%
Price Target
$29.00
Consensus Rating
Hold

Company Overview

Genco Shipping & Trading Limited (NYSE:GNK) is a drybulk shipping company that owns and operates a fleet of oceangoing vessels. The company transports essential commodities, including iron ore, grain, coal and other major and minor bulk cargoes, for customers around the world.

Genco’s fleet includes large Capesize vessels as well as Ultramax, Supramax and Handysize ships. These vessels serve different segments of the drybulk market and support the movement of raw materials used in energy production, agriculture, construction and industrial manufacturing.

Founded in 1997 and headquartered in New York, Genco serves international trade routes across major global commodity markets. The company became a publicly traded business in 2005 and expanded its presence in the drybulk sector through the acquisition of Baltic Trading Limited in 2015.

John C. Wobensmith serves as Genco’s president and chief executive officer. The company focuses on commercial and technical vessel management, safety, operational efficiency and providing reliable transportation services to its worldwide customer base.

AI Generated. May Contain Errors.

Genco Shipping & Trading Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
54th Percentile Overall Score

GNK MarketRank™: 
2.701783040695 of 5 stars

Genco Shipping & Trading scored higher than 54% of companies evaluated by MarketBeat, and ranked 430th out of 653 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Genco Shipping & Trading has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    Genco Shipping & Trading has a consensus price target of $29.00, representing about 11.4% upside from its current price of $26.03.

  • Amount of Analyst Coverage

    Genco Shipping & Trading has only been the subject of 3 research reports in the past 90 days.

  • Read more about Genco Shipping & Trading's stock forecast and price target.
  • Earnings Growth

    Earnings for Genco Shipping & Trading are expected to decrease by -38.17% in the coming year, from $2.41 to $1.49 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Genco Shipping & Trading is 14.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Genco Shipping & Trading is 14.62, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 32.30.

  • Price to Earnings Growth Ratio

    Genco Shipping & Trading has a PEG Ratio of 3.04. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Genco Shipping & Trading has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.29% 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 3.94, 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 increased by 22.52%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Genco Shipping & Trading is a leading dividend payer. It pays a dividend yield of 12.66%, 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 235.96%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Genco Shipping & Trading will have a dividend payout ratio of 281.88% in the coming year. This indicates that Genco Shipping & Trading may not be able to sustain their current dividend.

  • Read more about Genco Shipping & Trading's dividend.
  • News Sentiment

    Genco Shipping & Trading has a news sentiment score of 0.17. 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 0.47 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 16 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

    8 people have added Genco Shipping & Trading to their MarketBeat watchlist in the last 30 days.
  • 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

    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.

  • Read more about Genco Shipping & Trading's insider trading history.
Receive GNK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Genco Shipping & Trading and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

GNK Stock News Headlines

A monthly income idea that does not require selling shares
A $250,000 nest egg growing at 5% a year and paying out $2,500 a month runs dry in just over a decade. Start with $150,000 and it's gone in under six years. A new Prudential survey of more than 3,000 Americans over 50 found 86% don't feel free to spend their savings on things they enjoy. Tim Plaehn, who has advised investors since the 1980s, is tracking a monthly income fund built on major U.S. companies that pays cash without requiring investors to sell shares.tc pixel
Genco Shipping (GNK) Q3 2026 Earnings Call Transcript
See More Headlines

GNK Stock Analysis - Frequently Asked Questions

Genco Shipping & Trading's stock was trading at $18.46 at the beginning of 2026. Since then, GNK shares have increased by 41.0% and is now trading at $26.0290.

Genco Shipping & Trading Limited (NYSE:GNK) posted its quarterly earnings data on Wednesday, November, 4th. The shipping company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by $0.01. Genco Shipping & Trading's revenue for the quarter was up 90.0% on a year-over-year basis.
Read the conference call transcript
.

Genco Shipping & Trading's top institutional shareholders include Townsend & Associates Inc (2.88%), Russell Investments Group Ltd. (0.27%), Unison Advisors LLC (0.09%) and Counterpoint Mutual Funds LLC (0.08%). Insiders that own company stock include John C Wobensmith, Arthur L Regan, Jesper Christensen, Peter George Allen and Joseph Adamo.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Genco Shipping & Trading investors own include Star Bulk Carriers (SBLK), ZIM Integrated Shipping Services (ZIM), CMB.TECH (CMBT), Energy Transfer (ET), NVIDIA (NVDA), Enterprise Products Partners (EPD) and Petroleo Brasileiro S.A.- Petrobras (PBR).

Company Calendar

Record date for 8/24 Dividend
8/17/2026
Ex-Dividend for 8/24 Dividend
8/17/2026
Dividend Payable
8/24/2026
Last Earnings
11/04/2026
Today
11/08/2026
Record date for 11/23 Dividend
11/16/2026
Ex-Dividend for 11/23 Dividend
11/16/2026
Dividend Payable
11/23/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Marine Transportation
Sub-Industry
Marine Transportation
Current Symbol
NYSE:GNK
Previous Symbol
OTCBB:GSKNF
CIK
1326200
Employees
1,056
Year Founded
2004

Price Target and Rating

High Price Target
$29.00
Low Price Target
$29.00
Potential Upside/Downside
+11.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.78
Trailing P/E Ratio
14.62
Forward P/E Ratio
17.47
P/E Growth
3.04
Net Income
-$4.37 million
Net Margins
15.48%
Pretax Margin
15.55%
Return on Equity
10.88%
Return on Assets
7.79%

Debt

Debt-to-Equity Ratio
0.41
Current Ratio
2.58
Quick Ratio
2.41

Sales & Book Value

Annual Sales
$512.62 million
Price / Sales
2.21
Cash Flow
$2.81 per share
Price / Cash Flow
9.27
Book Value
$20.51 per share
Price / Book
1.27

Miscellaneous

Outstanding Shares
43,587,000
Free Float
42,554,000
Market Cap
$1.13 billion
Optionable
Optionable
Beta
1.08

Social Links

10 Best Stocks to Own in Fall 2026 Cover

AI spending is reshaping the market, and the opportunity extends far beyond the biggest chipmakers. Discover 10 stocks set to benefit from powerful trends in AI infrastructure, cloud computing, energy, capital returns, and consumer growth this fall.

Get This Free Report

This page (NYSE:GNK) was last updated on 11/6/2026 by MarketBeat.com Staff.
From Our Partners