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

Company Overview

Genco Shipping & Trading Limited is a New York–based maritime transportation company specializing in the ownership and operation of drybulk cargo vessels. The company’s fleet comprises a diversified mix of Capesize, Panamax, Supramax and Ultramax ships, designed to carry a broad range of bulk commodities such as iron ore, coal, grain and agricultural products. Genco Shipping & Trading caters primarily to industrial and commercial customers engaged in mining, agriculture and energy sectors, offering tailored shipping solutions across the global drybulk market.

Founded in 2004, Genco has grown into one of the world’s leading publicly traded drybulk shipping companies. Over the years, it has strategically expanded its fleet through newbuilding orders and secondhand acquisitions to enhance operational flexibility and capture market opportunities. The company employs modern technical management practices, including proactive maintenance and fuel-efficiency measures, to optimize voyage economics and comply with evolving environmental regulations such as the International Maritime Organization’s sulfur cap rules.

Headquartered in New York City, Genco Shipping & Trading maintains a presence in key maritime hubs to support commercial, technical and crewing functions. Its vessels operate on major trade lanes connecting Asia, Europe, the Americas and the Middle East, enabling customers to transport commodities efficiently between leading ports. The company’s chartering desk collaborates closely with charterers, shipbrokers and cargo owners to design voyage itineraries that balance cost, timing and cargo requirements.

Leadership at Genco includes Executive Chairman Peter Georgakis, who co-founded the company and has steered its strategic vision since inception. The senior management team brings decades of combined experience in ship operations, finance and risk management, supporting initiatives in digitalization and sustainability. Through disciplined capital allocation and a focus on long-term partnerships, Genco Shipping & Trading seeks to deliver reliable service and create value for its shareholders and maritime industry stakeholders.

Key Stats

• Today's Range: $13.69 to $14.02
• 50-Day Range: $12.76 to $14.57
• 52-Week Range: $11.20 to $21.08
• Volume: 405,151 shs
• Average Volume: 573,981 shs
• Market Capitalization: $599.46 million
• P/E Ratio: 13.42
• Dividend Yield: 4.30%
• Price Target: $18.67
• Consensus Rating: Buy

Genco Shipping & Trading Stock Analysis - MarketRank™

Genco Shipping & Trading scored higher than 90% of companies evaluated by MarketBeat, and ranked 22nd out of 124 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: 3.6 / 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 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 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 13.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Genco Shipping & Trading is 13.42, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.33.

Price to Earnings Growth Ratio

Genco Shipping & Trading has a PEG Ratio of 15.81. 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 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.59% 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 3.4, 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 3.23%, indicating that investor sentiment is decreasing.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Genco Shipping & Trading is a leading dividend payer. It pays a dividend yield of 4.30%, 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

6.59% 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 3.4, 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 3.23%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.56

News Sentiment

Genco Shipping & Trading has a news sentiment score of 1.56. 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 higher news sentiment than the 0.53 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Genco Shipping & Trading this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for GNK on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

MarketBeat Follows

10 people have added Genco Shipping & Trading to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 2.08% 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 on January 1st, 2025. Since then, GNK shares have increased by 0.1% and is now trading at $13.9540.

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

Genco Shipping & Trading Limited (NYSE:GNK) issued its earnings results on Wednesday, May, 7th. The shipping company reported ($0.28) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by $0.02. The business's revenue for the quarter was down 39.3% on a year-over-year basis.
Read the conference call transcript.

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

• Last Earnings: 5/07/2025
• Ex-Dividend for 5/30 Dividend: 5/22/2025
• Record date for 5/30 Dividend: 5/23/2025
• Dividend Payable: 5/30/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 8/06/2025
• 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 Stock Price Target: $18.67
• High Stock Price Target: $22.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +33.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.04
• Trailing P/E Ratio: 13.42
• Forward P/E Ratio: 29.07
• P/E Growth: 15.81
• Net Income: $76.40 million
• Net Margins: 12.12%
• Pretax Margin: 12.10%
• Return on Equity: 4.22%
• Return on Assets: 3.71%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 1.79
• Quick Ratio: 1.28

Sales & Book Value

• Annual Sales: $376.85 million
• Price / Sales: 1.59
• Cash Flow: $3.48 per share
• Price / Cash Flow: 4.01
• Book Value: $21.71 per share
• Price / Book: 0.64

Miscellaneous

• Outstanding Shares: 42,959,000
• Free Float: 41,941,000
• Market Cap: $599.45 million
• Optionable: Not Optionable
• Beta: 1.18