NYSE:GNKGenco Shipping & Trading Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Genco Shipping & Trading Limited Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.53 -0.18 (-2.33 %) (As of 08/12/2020 02:36 PM ET) Add Compare Share Today's Range$7.43Now: $7.53▼$7.8550-Day Range$5.96MA: $6.40▼$7.4152-Week Range$4.27Now: $7.53▼$11.82Volume5,928 shsAverage Volume255,461 shsMarket Capitalization$314.77 millionP/E RatioN/ADividend Yield1.08%Beta0.77 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of March 5, 2019, the company's fleet consisted of 17 Capesize, 2 Panamax, 6 Ultramax, 20 Supramax, and 13 Handysize vessels with an aggregate capacity of approximately 5,075,000 deadweight tons. Genco Shipping & Trading Limited was founded in 2004 and is headquartered in New York, New York.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingGenco Shipping & Trading has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.18, Genco Shipping & Trading has a potential upside of 48.7% from its current price of $7.52.Amount of Analyst CoverageGenco Shipping & Trading has only been the subject of 4 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesGenco Shipping & Trading has received 283 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGenco Shipping & Trading has received 316 “underperform” votes. (Add your “underperform” vote.)Community SentimentGenco Shipping & Trading has received 52.75% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Genco Shipping & Trading and other stocks. Vote “Outperform” if you believe GNK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GNK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldGenco Shipping & Trading has a dividend yield of 1.08%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthGenco Shipping & Trading has only been increasing its dividend for 1 years.Dividend SustainabilityBased on EPS estimates, Genco Shipping & Trading will have a dividend payout ratio of 80.00% in the coming year. This indicates that Genco Shipping & Trading may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Genco Shipping & Trading insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.76% of the stock of Genco Shipping & Trading is held by insiders.Percentage Held by Institutions81.00% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Genco Shipping & Trading are expected to grow in the coming year, from ($0.54) to $0.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Genco Shipping & Trading is -2.07, 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 Genco Shipping & Trading is -2.07, 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 RatioGenco Shipping & Trading has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.59 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:GNK Previous SymbolOTCBB:GSKNF CUSIPN/A CIK1326200 Webwww.gencoshipping.com Phone646-443-8550Debt Debt-to-Equity Ratio0.50 Current Ratio1.92 Quick Ratio1.71Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$389.50 million Price / Sales0.81 Cash Flow$1.29 per share Price / Cash Flow5.82 Book Value$23.43 per share Price / Book0.32Profitability EPS (Most Recent Fiscal Year)($0.67) Net Income$-55,990,000.00 Net Margins-39.55% Return on Equity-2.70% Return on Assets-1.69%Miscellaneous Employees1,346 Outstanding Shares41,802,000Market Cap$314.77 million Next Earnings Date11/4/2020 (Estimated) OptionableNot Optionable $7.53 -0.18 (-2.33 %) (As of 08/12/2020 02:36 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive GNK News and Ratings via Email Sign-up to receive the latest news and ratings for GNK and its competitors with MarketBeat's FREE daily newsletter. Genco Shipping & Trading (NYSE:GNK) Frequently Asked Questions How has Genco Shipping & Trading's stock been impacted by COVID-19 (Coronavirus)? Genco Shipping & Trading's stock was trading at $6.36 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GNK stock has increased by 18.4% and is now trading at $7.53. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Genco Shipping & Trading? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genco Shipping & Trading in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Genco Shipping & Trading. When is Genco Shipping & Trading's next earnings date? Genco Shipping & Trading is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Genco Shipping & Trading. How were Genco Shipping & Trading's earnings last quarter? Genco Shipping & Trading Limited (NYSE:GNK) posted its quarterly earnings data on Wednesday, August, 5th. The shipping company reported ($0.43) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.48) by $0.05. Genco Shipping & Trading had a negative net margin of 39.55% and a negative return on equity of 2.70%. View Genco Shipping & Trading's earnings history. How often does Genco Shipping & Trading pay dividends? What is the dividend yield for Genco Shipping & Trading? Genco Shipping & Trading declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 17th will be given a dividend of $0.02 per share on Tuesday, August 25th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date is Friday, August 14th. View Genco Shipping & Trading's dividend history. What price target have analysts set for GNK? 5 analysts have issued twelve-month price objectives for Genco Shipping & Trading's shares. Their forecasts range from $8.90 to $18.00. On average, they expect Genco Shipping & Trading's share price to reach $11.18 in the next twelve months. This suggests a possible upside of 48.5% from the stock's current price. View analysts' price targets for Genco Shipping & Trading. Has Genco Shipping & Trading been receiving favorable news coverage? Media stories about GNK stock have been trending negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Genco Shipping & Trading earned a coverage optimism score of -2.2 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Genco Shipping & Trading. Are investors shorting Genco Shipping & Trading? Genco Shipping & Trading saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 655,400 shares, an increase of 14.7% from the December 31st total of 571,200 shares. Based on an average daily volume of 261,300 shares, the short-interest ratio is currently 2.5 days. Currently, 1.8% of the shares of the stock are short sold. View Genco Shipping & Trading's Short Interest. Who are some of Genco Shipping & Trading's key competitors? Some companies that are related to Genco Shipping & Trading include Ship Finance International (SFL), DHT (DHT), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), Seacor (CKH), COSTAMARE INC/SH (CMRE), PAC BASIN SHIPP/ADR (PCFBY), Torm (TRMD), Navigator (NVGS), Dorian LPG (LPG), DryShips (DRYS), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE) and Scorpio Bulkers (SALT). View all competitors. What other stocks do shareholders of Genco Shipping & Trading own? Based on aggregate information from My MarketBeat watchlists, some companies that other Genco Shipping & Trading investors own include Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Gran Tierra Energy (GTE), Pennsylvania R.E.I.T. (PEI), DHT (DHT), AEterna Zentaris (AEZS), Hallador Energy (HNRG), Washington Prime Group (WPG), Golar LNG Partners (GMLP) and Cannabics Pharmaceuticals (CNBX). Who are Genco Shipping & Trading's key executives? Genco Shipping & Trading's management team includes the following people: Mr. Arthur L. Regan, Interim Exec. Chairman (Age 56)Mr. John C. Wobensmith, CEO, Pres & Sec. (Age 49)Mr. Apostolos Zafolias, CFO & Exec. VP of Fin. (Age 40)Mr. Robert E. Hughes, Chief Operations Officer (Age 43)Mr. Joseph Adamo, Chief Accounting Officer, Controller & Treasurer (Age 57) What is Genco Shipping & Trading's stock symbol? Genco Shipping & Trading trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNK." Who are Genco Shipping & Trading's major shareholders? Genco Shipping & Trading's stock is owned by a variety of retail and institutional investors. Top institutional investors include Evermore Global Advisors LLC (4.96%), Swiss National Bank (0.10%), Raymond James Financial Services Advisors Inc. (0.06%) and UBS Group AG (0.01%). Company insiders that own Genco Shipping & Trading stock include Apostolos Zafolias, John C Wobensmith and Strategic Value Partners, Llc. View institutional ownership trends for Genco Shipping & Trading. Which institutional investors are selling Genco Shipping & Trading stock? GNK stock was sold by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, and UBS Group AG. Company insiders that have sold Genco Shipping & Trading company stock in the last year include Apostolos Zafolias, John C Wobensmith, and Strategic Value Partners, Llc. View insider buying and selling activity for Genco Shipping & Trading. Which institutional investors are buying Genco Shipping & Trading stock? GNK stock was purchased by a variety of institutional investors in the last quarter, including Swiss National Bank, and Raymond James Financial Services Advisors Inc.. View insider buying and selling activity for Genco Shipping & Trading. How do I buy shares of Genco Shipping & Trading? Shares of GNK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Genco Shipping & Trading's stock price today? One share of GNK stock can currently be purchased for approximately $7.53. How big of a company is Genco Shipping & Trading? Genco Shipping & Trading has a market capitalization of $314.77 million and generates $389.50 million in revenue each year. The shipping company earns $-55,990,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis. Genco Shipping & Trading employs 1,346 workers across the globe. What is Genco Shipping & Trading's official website? The official website for Genco Shipping & Trading is www.gencoshipping.com. How can I contact Genco Shipping & Trading? Genco Shipping & Trading's mailing address is 299 Park Avenue 12th Floor, NEW YORK NY, 10171. The shipping company can be reached via phone at 646-443-8550. 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