About Genco Shipping & Trading (NYSE:GNK)
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 ores, coal, grains, steel products, and other dry-bulk cargoes. The company charters its vessels primarily to trading houses, such as commodities traders; producers; and government-owned entities. Its fleet consists of 60 drybulk carriers, including 13 Capesize, 6 Panamax, 4 Ultramax, 21 Supramax, 1 Handymax, and 15 Handysize drybulk carriers with an aggregate carrying capacity of approximately 4,688,000 deadweight tons. Genco Shipping & Trading Limited was founded in 2004 and is based in New York, New York.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:GNK
CUSIPN/A
Phone646-443-8550
Debt
Debt-to-Equity Ratio0.51%
Current Ratio4.14%
Quick Ratio4.14%
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$209.70 million
Price / Sales2.76
Cash Flow$0.9710 per share
Price / Cash17.24
Book Value$28.24 per share
Price / Book0.59
Profitability
EPS (Most Recent Fiscal Year)($1.29)
Net Income$-58,720,000.00
Net Margins-28.00%
Return on Equity-4.49%
Return on Assets-2.90%
Miscellaneous
Employees35
Outstanding Shares34,530,000
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 (NYSE:GNK) announced its quarterly earnings data on Tuesday, February, 27th. The shipping company reported $0.07 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.10. The shipping company had revenue of $74.92 million for the quarter, compared to analysts' expectations of $58.10 million. Genco Shipping & Trading had a negative net margin of 28.00% and a negative return on equity of 4.49%. View Genco Shipping & Trading's Earnings History.
When is Genco Shipping & Trading's next earnings date?
What price target have analysts set for GNK?
6 analysts have issued 12 month price objectives for Genco Shipping & Trading's shares. Their forecasts range from $14.50 to $20.00. On average, they anticipate Genco Shipping & Trading's share price to reach $17.75 in the next year. View Analyst Ratings for Genco Shipping & Trading.
Who are some of Genco Shipping & Trading's key competitors?
Some companies that are related to Genco Shipping & Trading include Seacor (CKH), Seaspan (SSW), Frontline (FRO), Teekay (TK), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), Costamare (CMRE), Navigator (NVGS), Scorpio Bulkers (SALT), Double Hull Tankers (DHT), General Maritime (GNRT), Dorian LPG (LPG), Capital Product Partners (CPLP), DryShips (DRYS), Diana Shipping (DSX), Eagle Bulk Shipping (EGLE), Safe Bulkers (SB) and Navios Maritime Partners (NMM).
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 55)
- Mr. John C. Wobensmith, Chief Exec. Officer, Pres and Sec. (Age 48)
- Mr. Apostolos Zafolias, Chief Financial Officer (Age 39)
- Mr. Joseph Adamo CPA, Chief Accounting Officer, Controller and Treasurer (Age 56)
- Mr. Ivo Kempenaer, VP, Commercial Director & Head of Major Bulks
Has Genco Shipping & Trading been receiving favorable news coverage?
News articles about GNK stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Genco Shipping & Trading earned a news impact score of 0.18 on Accern's scale. They also gave media stories about the shipping company an impact score of 47.07 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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, Scottrade, Fidelity and Charles Schwab.
What is Genco Shipping & Trading's stock price today?
One share of GNK stock can currently be purchased for approximately $16.74.
How big of a company is Genco Shipping & Trading?
Genco Shipping & Trading has a market capitalization of $581.17 million and generates $209.70 million in revenue each year. The shipping company earns $-58,720,000.00 in net income (profit) each year or ($1.29) on an earnings per share basis. Genco Shipping & Trading employs 35 workers across the globe.
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 (GNK)
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.
Genco Shipping & Trading (NYSE:GNK) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
6 Wall Street analysts have issued ratings and price targets for Genco Shipping & Trading in the last 12 months. Their average twelve-month price target is $17.75, suggesting that the stock has a possible upside of 6.03%. The high price target for GNK is $20.00 and the low price target for GNK is $14.50. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.83 | 2.83 | 2.83 | 2.75 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $17.75 | $17.50 | $16.8333 | $16.50 |
| Price Target Upside: | 6.03% upside | 22.81% upside | 28.30% upside | 60.66% upside |
Genco Shipping & Trading (NYSE:GNK) Consensus Price Target History
Genco Shipping & Trading (NYSE:GNK) Analyst Ratings History
Show:
(Data available from 4/21/2016 forward)
Genco Shipping & Trading (NYSE:GNK) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Genco Shipping & Trading (NYSE GNK) News Headlines
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Genco Shipping & Trading (NYSE:GNK) SEC Filings
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Genco Shipping & Trading (NYSE:GNK) Income Statement, Balance Sheet and Cash Flow Statement
Genco Shipping & Trading (NYSE GNK) Stock Chart for Saturday, April, 21, 2018
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