NYSE:GNRT - Gener8 Maritime Stock Price, Price Target & More

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$6.61 0.00 (0.00 %)
(As of 06/19/2018 06:00 AM ET)
Previous Close$6.61
Today's RangeN/A
52-Week Range$4.17 - $6.94
VolumeN/A
Average Volume958,865 shs
Market Capitalization$550.40 million
P/E Ratio-26.44
Dividend YieldN/A
Beta1.07
Gener8 Maritime logoGener8 Maritime, Inc. provides international seaborne crude oil and petroleum products transportation services. As of March 14, 2018, it had a fleet of 30 vessels comprising 21 very large crude carriers, 6 Suezmaxes, 1 Aframax, and 2 Panamax tankers with a total carrying capacity of approximately 7.5 million deadweight tons. The company was formerly known as General Maritime Corporation and changed its name to Gener8 Maritime, Inc. in May 2015. Gener8 Maritime, Inc. was founded in 1997 and is based in New York, New York.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:GNRT
CUSIPN/A
Phone212-763-5600

Debt

Debt-to-Equity Ratio0.16
Current Ratio0.23
Quick Ratio0.23

Price-To-Earnings

Trailing P/E Ratio-26.44
Forward P/E Ratio-4.62
P/E GrowthN/A

Sales & Book Value

Annual Sales$298.37 million
Price / Sales1.84
Cash Flow$1.1825 per share
Price / Cash5.59
Book Value$15.30 per share
Price / Book0.43

Profitability

EPS (Most Recent Fiscal Year)($0.25)
Net Income$-168,540,000.00
Net Margins-102.09%
Return on Equity-7.26%
Return on Assets-3.50%

Miscellaneous

Employees39
Outstanding Shares83,270,000

Gener8 Maritime (NYSE:GNRT) Frequently Asked Questions

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) announced its quarterly earnings data on Thursday, November, 9th. The shipping company reported ($0.39) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.33) by $0.06. The shipping company earned $47.89 million during the quarter, compared to analyst estimates of $47.06 million. Gener8 Maritime had a negative net margin of 102.09% and a negative return on equity of 7.26%. The firm's revenue for the quarter was down 30.7% on a year-over-year basis. During the same quarter last year, the business earned ($0.01) EPS. View Gener8 Maritime's Earnings History.

When is Gener8 Maritime's next earnings date?

Gener8 Maritime is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Gener8 Maritime.

What price target have analysts set for GNRT?

5 brokerages have issued 1 year price objectives for Gener8 Maritime's stock. Their predictions range from $6.75 to $10.00. On average, they expect Gener8 Maritime's stock price to reach $7.9167 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:
  • Mr. Peter C. Georgiopoulos, Founder, Chairman & CEO (Age 57)
  • Mr. Leonard J. Vrondissis, CFO, Sec. & Exec. VP (Age 41)
  • Mr. John P. Tavlarios, COO & Exec. VP (Age 57)
  • Mr. Nicolas Busch, Consultant & Director (Age 43)
  • Mr. Milton H. Gonzales Jr., Mang. & Technical Director of Gener8 Maritime Management LLC (Age 64)

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 acted as the underwriters for the IPO and DNB Markets, ABN AMRO, Pareto Securities and Axia were co-managers.

Has Gener8 Maritime been receiving favorable news coverage?

Media coverage about GNRT stock has been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Gener8 Maritime earned a coverage optimism score of 0.10 on Accern's scale. They also gave news articles about the shipping company an impact score of 44.98 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Gener8 Maritime's major shareholders?

Gener8 Maritime's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.69%), Kite Lake Capital Management UK LLP (0.84%), GABELLI & Co INVESTMENT ADVISERS INC. (0.71%), Schroder Investment Management Group (0.57%), Gabelli Funds LLC (0.49%) and Schwab Charles Investment Management Inc. (0.41%). View Institutional Ownership Trends for Gener8 Maritime.

Which major investors are selling Gener8 Maritime stock?

GNRT stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Trexquant Investment LP and UBS Group AG. View Insider Buying and Selling for Gener8 Maritime.

Which major investors are buying Gener8 Maritime stock?

GNRT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Kite Lake Capital Management UK LLP, GABELLI & Co INVESTMENT ADVISERS INC., Gabelli Funds LLC, ARP Americas LP, Highland Capital Management LP, Bluefin Trading LLC and Element Capital Management LLC. View Insider Buying and Selling for Gener8 Maritime.

How do I buy shares of Gener8 Maritime?

Shares of GNRT 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 GNRT stock can currently be purchased for approximately $6.61.

How big of a company is Gener8 Maritime?

Gener8 Maritime has a market capitalization of $550.40 million and generates $298.37 million in revenue each year. The shipping company earns $-168,540,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis. Gener8 Maritime employs 39 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 (GNRT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  259
MarketBeat's community ratings are surveys of what our community members think about Gener8 Maritime and other stocks. Vote "Outperform" if you believe GNRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GNRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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