Gener8 Maritime Stock Price, News & Analysis (NYSE:GNRT)

$4.70 0.03 (0.64 %)
(As of 11/22/2017 06:07 AM ET)
Previous Close$4.67
Today's Range$4.67 - $4.79
52-Week Range$3.55 - $6.16
Volume128,100 shs
Average Volume459,218 shs
Market Capitalization$387.56 million
P/E Ratio24.58
Dividend YieldN/A
Beta1.4

About Gener8 Maritime (NYSE:GNRT)

Gener8 Maritime logoGener8 Maritime, Inc. is a provider of international seaborne crude oil transportation services. The Company operates through the transportation of international seaborne crude oil and petroleum products with its fleet of vessels segment. As of March 10, 2017, the Company owned a fleet of 40 tankers on the water, consisting of 24 Very Large Crude Carriers (VLCCs), 10 Suezmax vessels, four Aframax vessels and two Panamax vessels, with an aggregate carrying capacity of 9.4 million deadweight tons (DWT) and one eco VLCC newbuilding. As of March 10, 2017, approximately 77% of its total fleet carrying capacity based on DWT, including newbuildings, was focused on VLCC vessels. As of March 10, 2017, all of its VLCC vessels were deployed in Navig8 Group's VL8 Pool, all of its Suezmax vessels were deployed in Navig8 Group's Suez8 Pool and all of its Aframax vessels were deployed in the Navig8 Group's V8 Pool.


Industry, Sector and Symbol:
  • Industry: Sea-Borne Tankers
  • Sub-Industry: N/A
  • Sector: Transportation
  • Symbol: NYSE:GNRT
  • CUSIP: N/A
  • Web: www.gener8maritime.com
Debt:
  • Debt-to-Equity Ratio: 0.93%
  • Current Ratio: 1.62%
  • Quick Ratio: 1.62%
Price-To-Earnings:
  • Trailing P/E Ratio: 24.58
  • Forward P/E Ratio: -33.57
Sales & Book Value:
  • Annual Sales: $404.62 million
  • Price / Sales: 0.96
  • Cash Flow: $2.66 per share
  • Price / Cash: 1.77
  • Book Value: $15.82 per share
  • Price / Book: 0.30
Profitability:
  • Trailing EPS: ($1.41)
  • Net Income: $67.30 million
  • Net Margins: -34.10%
  • Return on Equity: 1.16%
  • Return on Assets: 0.56%
Misc:
  • Employees: 38
  • Outstanding Shares: 82,990,000
 

Frequently Asked Questions for Gener8 Maritime (NYSE:GNRT)

What is Gener8 Maritime's stock symbol?

Gener8 Maritime trades on the New York Stock Exchange (NYSE) under the ticker symbol "GNRT."

How were Gener8 Maritime's earnings last quarter?

Gener8 Maritime, Inc. (NYSE:GNRT) posted its quarterly earnings results on Thursday, November, 9th. The shipping company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.33) by $0.06. The shipping company earned $47.89 million during the quarter, compared to analysts' expectations of $47.06 million. Gener8 Maritime had a positive return on equity of 1.16% and a negative net margin of 34.10%. Gener8 Maritime's revenue for the quarter was down 30.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.01) EPS. View Gener8 Maritime's Earnings History.

Where is Gener8 Maritime's stock going? Where will Gener8 Maritime's stock price be in 2017?

1 Wall Street analysts have issued 12 month target prices for Gener8 Maritime's shares. Their forecasts range from $10.00 to $10.00. On average, they anticipate Gener8 Maritime's share price to reach $10.00 in the next twelve months. View Analyst Ratings for Gener8 Maritime.

Who are some of Gener8 Maritime's key competitors?

Who are Gener8 Maritime's key executives?

Gener8 Maritime's management team includes the folowing people:

  • Peter C. Georgiopoulos, Chairman of the Board, Chief Executive Officer (Age 55)
  • Leonard J. Vrondissis, Chief Financial Officer, Executive Vice President, Secretary (Age 39)
  • John P. Tavlarios, Chief Operating Officer, Executive Vice President (Age 55)
  • Sean Bradley, Manager and Commercial Director of GMM (Age 40)
  • Milton H. Gonzales Jr., Manager, Technical Director and Maritime Compliance Officer of GMM (Age 63)
  • Nicolas Busch, Director and Consultant (Age 41)
  • Adam Pierce, Director (Age 36)
  • Ethan Auerbach, Independent Director (Age 36)
  • Daniel Ilany, Independent Director (Age 46)
  • Roger Schmitz, Independent Director (Age 34)

When did Gener8 Maritime IPO?

(GNRT) raised $270 million in an initial public offering on Thursday, June 25th 2015. The company issued 15,000,000 shares at $17.00-$19.00 per share. Citigroup, UBS, Jefferies and Evercore ISI served as the underwriters for the IPO and DNB Markets, ABN AMRO, Pareto Securities and Axia were co-managers.

Who owns Gener8 Maritime stock?

Gener8 Maritime's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Royce & Associates LP (1.16%), Schroder Investment Management Group (0.62%), Schwab Charles Investment Management Inc. (0.35%), Nationwide Fund Advisors (0.15%), First Trust Advisors LP (0.08%) and Wells Fargo & Company MN (0.05%). View Institutional Ownership Trends for Gener8 Maritime.

Who sold Gener8 Maritime stock? Who is selling Gener8 Maritime stock?

Gener8 Maritime's stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group and Aperio Group LLC. View Insider Buying and Selling for Gener8 Maritime.

Who bought Gener8 Maritime stock? Who is buying Gener8 Maritime stock?

Gener8 Maritime's stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, First Trust Advisors LP, Smith Moore & CO., Schwab Charles Investment Management Inc., Wells Fargo & Company MN and Nationwide Fund Advisors. View Insider Buying and Selling for Gener8 Maritime.

How do I buy Gener8 Maritime stock?

Shares of Gener8 Maritime 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 Gener8 Maritime's stock price today?

One share of Gener8 Maritime stock can currently be purchased for approximately $4.70.

How big of a company is Gener8 Maritime?

Gener8 Maritime has a market capitalization of $387.56 million and generates $404.62 million in revenue each year. The shipping company earns $67.30 million in net income (profit) each year or ($1.41) on an earnings per share basis. Gener8 Maritime employs 38 workers across the globe.

How can I contact Gener8 Maritime?

Gener8 Maritime's mailing address is 299 PARK AVENUE 2ND FLOOR, NEW YORK NY, 10171. The shipping company can be reached via phone at 212-763-5600 or via email at [email protected]


MarketBeat Community Rating for Gener8 Maritime (NYSE GNRT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  196
MarketBeat's community ratings are surveys of what our community members think about Gener8 Maritime and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for Gener8 Maritime (NYSE:GNRT)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $10.00 (112.77% upside)

Consensus Price Target History for Gener8 Maritime (NYSE:GNRT)

Price Target History for Gener8 Maritime (NYSE:GNRT)

Analysts' Ratings History for Gener8 Maritime (NYSE:GNRT)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Jefferies Group LLCReiterated RatingBuyN/AView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$9.00 -> $5.00N/AView Rating Details
7/28/2016Citigroup Inc.Lower Price TargetBuy$12.00 -> $9.00N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$15.00N/AView Rating Details
(Data available from 11/22/2015 forward)

Earnings

Earnings History and Estimates Chart for Gener8 Maritime (NYSE:GNRT)

Earnings by Quarter for Gener8 Maritime (NYSE:GNRT)

Earnings History by Quarter for Gener8 Maritime (NYSE GNRT)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017Q3 2017($0.33)($0.39)$47.06 million$47.89 millionViewN/AView Earnings Details
8/1/2017Q2 2017($0.06)($0.11)$76.55 million$74.95 millionViewListenView Earnings Details
5/9/2017Q1 2017$0.43$0.46$114.54 million$121.06 millionViewListenView Earnings Details
3/13/2017Q4 2016$0.17$0.24$90.82 million$99.60 millionViewN/AView Earnings Details
11/14/2016Q316$0.02($0.01)$78.71 million$69.10 millionViewN/AView Earnings Details
7/27/2016Q216$0.53$0.51$109.89 million$105.96 millionViewN/AView Earnings Details
5/11/2016Q1$0.68$0.78$120.71 million$121.70 millionViewN/AView Earnings Details
3/15/2016Q415$0.62$0.61$110.50 million$102.76 millionViewN/AView Earnings Details
8/4/2015Q215$0.44$0.52$363.69 million$116.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gener8 Maritime (NYSE:GNRT)
Current Year EPS Consensus Estimate: $-0.14 EPS
Next Year EPS Consensus Estimate: $0.56 EPS

Dividends

Dividend History for Gener8 Maritime (NYSE:GNRT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Gener8 Maritime (NYSE GNRT)

Insider Ownership Percentage: 13.70%
Institutional Ownership Percentage: 76.13%
Insider Trades by Quarter for Gener8 Maritime (NYSE:GNRT)
Institutional Ownership by Quarter for Gener8 Maritime (NYSE:GNRT)

Insider Trades by Quarter for Gener8 Maritime (NYSE GNRT)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2016Leonard J VrondissisVPSell14,312$5.30$75,853.60View SEC Filing  
6/26/2015Marine Holdings Tp L.P. OppsMajor ShareholderBuy36,594$13.25$484,870.50View SEC Filing  
6/25/2015John P TavlariosCOOBuy15,000$13.03$195,450.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Gener8 Maritime (NYSE GNRT)

Source:
DateHeadline
Contrasting Dorian LPG (LPG) and Gener8 Maritime (GNRT)Contrasting Dorian LPG (LPG) and Gener8 Maritime (GNRT)
www.americanbankingnews.com - November 21 at 5:12 AM
Hoegh LNG Partners (HMLP) versus Gener8 Maritime (GNRT) Head to Head SurveyHoegh LNG Partners (HMLP) versus Gener8 Maritime (GNRT) Head to Head Survey
www.americanbankingnews.com - November 20 at 3:46 PM
What to Expect from Frontline’s 3Q17 EarningsWhat to Expect from Frontline’s 3Q17 Earnings
finance.yahoo.com - November 17 at 5:47 PM
Sneak Peek into Frontline’s Upcoming 3Q17 ResultsSneak Peek into Frontline’s Upcoming 3Q17 Results
finance.yahoo.com - November 17 at 11:53 AM
Gener8 Maritime posts 1Q profitGener8 Maritime posts 1Q profit
marketbeat.com - May 9 at 6:25 AM
Gener8 Maritime, Inc. :GNRT-US: Earnings Analysis: 2016 By the Numbers : March 20, 2017Gener8 Maritime, Inc. :GNRT-US: Earnings Analysis: 2016 By the Numbers : March 20, 2017
us.rd.yahoo.com - March 20 at 7:16 PM
Gener8 Maritime, Inc. :GNRT-US: Earnings Analysis: Q4, 2016 By the Numbers : March 20, 2017Gener8 Maritime, Inc. :GNRT-US: Earnings Analysis: Q4, 2016 By the Numbers : March 20, 2017
us.rd.yahoo.com - March 20 at 7:16 PM
Why Gener8 Maritime, Inc. Shares Rose 6%Why Gener8 Maritime, Inc. Shares Rose 6%
www.fool.com - March 13 at 5:27 PM
GENER8 MARITIME, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and ExhibiGENER8 MARITIME, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibi
biz.yahoo.com - March 6 at 5:07 PM
Tanker Market Closely Watching Chinas Refined Product Quota CutsTanker Market Closely Watching China's Refined Product Quota Cuts
seekingalpha.com - February 7 at 6:44 PM
First Week Of September 15th Options Trading For Gener8 Maritime (GNRT)First Week Of September 15th Options Trading For Gener8 Maritime (GNRT)
www.thestreet.com - January 24 at 6:10 PM
GENER8 MARITIME, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and ExhibitGENER8 MARITIME, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibit
biz.yahoo.com - January 9 at 9:20 PM
GENER8 MARITIME, INC. Files SEC form 8-K, Entry into a Material Definitive AgreementGENER8 MARITIME, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - December 20 at 10:26 PM
Gener8 Maritime, Inc. Announces Third Quarter 2016 Financial ResultsGener8 Maritime, Inc. Announces Third Quarter 2016 Financial Results
www.bizjournals.com - November 14 at 9:20 AM
Large Crude Tanker Rates Rebound - But Is This Move Sustainable?Large Crude Tanker Rates Rebound - But Is This Move Sustainable?
seekingalpha.com - October 25 at 10:13 AM
Q2 2016 Gener8 Maritime Inc Earnings Release - After Market CloseQ2 2016 Gener8 Maritime Inc Earnings Release - After Market Close
biz.yahoo.com - July 27 at 7:07 AM

Social Media

Financials

Chart

Gener8 Maritime (NYSE GNRT) Chart for Wednesday, November, 22, 2017
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This page was last updated on 11/22/2017 by MarketBeat.com Staff

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