NYSE:GNK - Genco Shipping & Trading Stock Price, Price Target & More

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

Genco Shipping & Trading (NYSE:GNK) announced its earnings results on Tuesday, May, 8th. The shipping company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02. The shipping company earned $76.92 million during the quarter, compared to analysts' expectations of $56.93 million. Genco Shipping & Trading had a negative net margin of 39.84% and a negative return on equity of 2.26%. View Genco Shipping & Trading's Earnings History.

Genco Shipping & Trading is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Genco Shipping & Trading.

6 brokers have issued 1-year price targets for Genco Shipping & Trading's shares. Their forecasts range from $14.50 to $20.00. On average, they expect Genco Shipping & Trading's share price to reach $17.75 in the next twelve months. View Analyst Ratings for Genco Shipping & Trading.

Some companies that are related to Genco Shipping & Trading include Ship Finance International (SFL), Euronav (EURN), Pacific Basin Ship (PCFBY), Seaspan (SSW), Seacor (CKH), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), Costamare (CMRE), Frontline (FRO), Teekay (TK), Navigator (NVGS), Scorpio Bulkers (SALT), DHT (DHT), Gener8 Maritime (GNRT) and SEACOR Marine (SMHI).

Media headlines about GNK stock have trended positive recently, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Genco Shipping & Trading earned a media sentiment score of 0.31 on Accern's scale. They also gave news articles about the shipping company an impact score of 46.43 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Genco Shipping & Trading's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Raynor Geoffrey (2.61%), BlackRock Inc. (1.01%), Millennium Management LLC (0.49%), Dimensional Fund Advisors LP (0.42%), Chicago Equity Partners LLC (0.34%) and Northern Trust Corp (0.25%). View Institutional Ownership Trends for Genco Shipping & Trading.

GNK stock was sold by a variety of institutional investors in the last quarter, including Raynor Geoffrey and BlackRock Inc.. View Insider Buying and Selling for Genco Shipping & Trading.

GNK stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Chicago Equity Partners LLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., GSA Capital Partners LLP, Trexquant Investment LP, Acorn Advisory Capital L.P. and Citadel Advisors LLC. View Insider Buying and Selling for 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.

One share of GNK stock can currently be purchased for approximately $18.24.

Genco Shipping & Trading has a market capitalization of $660.25 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.

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.