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

$9.85
-0.17 (-1.70 %)
(As of 10/22/2019 03:07 PM ET)
Today's Range
$9.80
Now: $9.85
$10.00
50-Day Range
$8.78
MA: $9.85
$10.97
52-Week Range
$6.83
Now: $9.85
$12.64
Volume84,319 shs
Average Volume176,901 shs
Market Capitalization$410.32 million
P/E Ratio15.39
Dividend YieldN/A
Beta1.04
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. Read More…

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Previous SymbolOTCBB:GSKNF
CUSIPN/A
Phone646-443-8550

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$367.52 million
Cash Flow$2.33 per share
Book Value$25.29 per share

Profitability

Net Income$-32,940,000.00

Miscellaneous

Employees1,346
Market Cap$410.32 million
Next Earnings Date11/6/2019 (Estimated)
OptionableNot Optionable

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Genco Shipping & Trading (NYSE:GNK) Frequently Asked Questions

What is Genco Shipping & Trading's stock symbol?

Genco Shipping & Trading trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNK."

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

Genco Shipping & Trading Limited (NYSE:GNK) released its quarterly earnings results on Wednesday, August, 7th. The shipping company reported ($0.49) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.41) by $0.08. The shipping company had revenue of $41.75 million for the quarter, compared to the consensus estimate of $39.92 million. Genco Shipping & Trading had a negative net margin of 4.79% and a negative return on equity of 0.80%. View Genco Shipping & Trading's Earnings History.

When is Genco Shipping & Trading's next earnings date?

Genco Shipping & Trading is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Genco Shipping & Trading.

What price target have analysts set for GNK?

4 brokerages have issued 12-month price targets for Genco Shipping & Trading's shares. Their forecasts range from $9.50 to $20.00. On average, they anticipate Genco Shipping & Trading's share price to reach $15.63 in the next year. This suggests a possible upside of 56.7% from the stock's current price. View Analyst Price Targets for Genco Shipping & Trading.

What is the consensus analysts' recommendation for Genco Shipping & Trading?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genco Shipping & Trading in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Genco Shipping & Trading.

Has Genco Shipping & Trading been receiving favorable news coverage?

News stories about GNK stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Genco Shipping & Trading earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Genco Shipping & Trading.

Are investors shorting Genco Shipping & Trading?

Genco Shipping & Trading saw a decline in short interest in September. As of September 30th, there was short interest totalling 1,200,000 shares, a decline of 13.7% from the August 30th total of 1,390,000 shares. Based on an average daily trading volume, of 220,400 shares, the days-to-cover ratio is currently 5.4 days. Currently, 3.3% of the shares of the stock are short sold. View Genco Shipping & Trading's Current Options Chain.

Who are some of Genco Shipping & Trading's key 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 Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Apache (APA), Citigroup (C), Intel (INTC), Cleveland-Cliffs (CLF), CVS Health (CVS) and Fiat Chrysler Automobiles (FCAU).

Who are Genco Shipping & Trading's key executives?

Genco Shipping & Trading's management team includes the folowing 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)

Who are Genco Shipping & Trading's major shareholders?

Genco Shipping & Trading's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Founders Capital Management (0.01%). Company insiders that own Genco Shipping & Trading stock include Apostolos Zafolias, Cayman Gp Ltd Ccp II and John C Wobensmith. View Institutional Ownership Trends for Genco Shipping & Trading.

Which major investors are buying Genco Shipping & Trading stock?

GNK stock was acquired by a variety of institutional investors in the last quarter, including Founders Capital Management. View Insider Buying and Selling 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 $9.97.

How big of a company is Genco Shipping & Trading?

Genco Shipping & Trading has a market capitalization of $415.35 million and generates $367.52 million in revenue each year. The shipping company earns $-32,940,000.00 in net income (profit) each year or $0.64 on an earnings per share basis. Genco Shipping & Trading employs 1,346 workers across the globe.View Additional Information About Genco Shipping & Trading.

What is Genco Shipping & Trading's official website?

The official website for Genco Shipping & Trading is http://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.


MarketBeat Community Rating for Genco Shipping & Trading (NYSE GNK)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  516
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.
This page was last updated on 10/22/2019 by MarketBeat.com Staff

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