GNK vs. GOGL, SBLK, CMRE, DAC, DSX, GSL, NMM, SB, GEL, and ZIM
Should you be buying Genco Shipping & Trading stock or one of its competitors? The main competitors of Genco Shipping & Trading include Golden Ocean Group (GOGL), Star Bulk Carriers (SBLK), Costamare (CMRE), Danaos (DAC), Diana Shipping (DSX), Global Ship Lease (GSL), Navios Maritime Partners (NMM), Safe Bulkers (SB), Genesis Energy (GEL), and ZIM Integrated Shipping Services (ZIM).
Genco Shipping & Trading vs. Its Competitors
Golden Ocean Group (NASDAQ:GOGL) and Genco Shipping & Trading (NYSE:GNK) are both small-cap transportation companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, media sentiment, valuation, profitability and institutional ownership.
Golden Ocean Group has higher revenue and earnings than Genco Shipping & Trading. Genco Shipping & Trading is trading at a lower price-to-earnings ratio than Golden Ocean Group, indicating that it is currently the more affordable of the two stocks.
Golden Ocean Group has a net margin of 13.16% compared to Genco Shipping & Trading's net margin of 12.12%. Golden Ocean Group's return on equity of 5.56% beat Genco Shipping & Trading's return on equity.
Golden Ocean Group has a beta of 1.05, meaning that its share price is 5% more volatile than the S&P 500. Comparatively, Genco Shipping & Trading has a beta of 1.18, meaning that its share price is 18% more volatile than the S&P 500.
22.0% of Golden Ocean Group shares are held by institutional investors. Comparatively, 58.6% of Genco Shipping & Trading shares are held by institutional investors. 2.4% of Genco Shipping & Trading shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Golden Ocean Group pays an annual dividend of $0.20 per share and has a dividend yield of 2.5%. Genco Shipping & Trading pays an annual dividend of $0.60 per share and has a dividend yield of 4.3%. Golden Ocean Group pays out 35.1% of its earnings in the form of a dividend. Genco Shipping & Trading pays out 57.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Golden Ocean Group currently has a consensus target price of $10.25, suggesting a potential upside of 30.16%. Genco Shipping & Trading has a consensus target price of $18.67, suggesting a potential upside of 33.77%. Given Genco Shipping & Trading's stronger consensus rating and higher possible upside, analysts plainly believe Genco Shipping & Trading is more favorable than Golden Ocean Group.
In the previous week, Genco Shipping & Trading had 1 more articles in the media than Golden Ocean Group. MarketBeat recorded 2 mentions for Genco Shipping & Trading and 1 mentions for Golden Ocean Group. Genco Shipping & Trading's average media sentiment score of 0.89 beat Golden Ocean Group's score of 0.00 indicating that Genco Shipping & Trading is being referred to more favorably in the news media.
Summary
Genco Shipping & Trading beats Golden Ocean Group on 12 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding GNK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Genco Shipping & Trading Competitors List
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This page (NYSE:GNK) was last updated on 7/4/2025 by MarketBeat.com Staff
