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

$4.19 -0.01 (-0.24 %)
(As of 12/11/2017 04:00 PM ET)
Previous Close$4.20
Today's Range$4.17 - $4.32
52-Week Range$4.06 - $6.16
Volume239,618 shs
Average Volume443,156 shs
Market Capitalization$348.55 million
P/E Ratio22.1
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.

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Industry, Sector and Symbol

Industry Sea-Borne Tankers
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:GNRT
CUSIPN/A
Phone212-763-5600

Debt

Debt-to-Equity Ratio0.93%
Current Ratio1.62%
Quick Ratio1.62%

Price-To-Earnings

Trailing P/E Ratio22.1
Forward P/E Ratio-29.93
P/E GrowthN/A

Sales & Book Value

Annual Sales$404.62 million
Price / Sales0.86
Cash Flow$2.64 per share
Price / Cash1.59
Book Value$17.39 per share
Price / Book0.24

Profitability

Trailing EPS($1.41)
Net Income$67.30 million
Net Margins-34.10%
Return on Equity1.16%
Return on Assets0.56%

Miscellaneous

Employees38
Outstanding Shares82,990,000

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) posted its quarterly earnings data on Thursday, November, 9th. The shipping company reported ($0.39) earnings per share for the quarter, missing the Zacks' 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 positive return on equity of 1.16% and a negative net margin of 34.10%. The firm's revenue for the quarter was down 30.7% compared to the same quarter last year. During the same period in the previous year, the business 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 brokers have issued 12-month price targets for Gener8 Maritime's shares. Their forecasts range from $10.00 to $10.00. On average, they expect Gener8 Maritime's stock 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 (IPO) 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 institutional and retail 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 purchased 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 $4.19.

How big of a company is Gener8 Maritime?

Gener8 Maritime has a market capitalization of $348.55 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 (GNRT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  199
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

Gener8 Maritime (NYSE:GNRT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.672.672.752.75
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
2 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)
0 Sell Rating(s)
1 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $8.00$8.00$9.75$9.75
Price Target Upside: 58.10% upside58.10% upside96.57% upside101.03% upside

Gener8 Maritime (NYSE:GNRT) Consensus Price Target History

Price Target History for Gener8 Maritime (NYSE:GNRT)

Gener8 Maritime (NYSE:GNRT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Jefferies GroupReiterated RatingBuyN/AView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$9.00 -> $5.00N/AView Rating Details
7/28/2016CitigroupLower Price TargetBuy$12.00 -> $9.00N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$15.00N/AView Rating Details
(Data available from 12/11/2015 forward)

Earnings

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

Earnings by Quarter for Gener8 Maritime (NYSE:GNRT)

Gener8 Maritime (NYSE GNRT) Earnings History by Quarter

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

Gener8 Maritime (NYSE:GNRT) Earnings Estimates

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

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

Insider Ownership Percentage: 13.70%
Institutional Ownership Percentage: 76.09%
Insider Trades by Quarter for Gener8 Maritime (NYSE:GNRT)
Insider Trades by Quarter for Gener8 Maritime (NYSE:GNRT)

Gener8 Maritime (NYSE GNRT) Insider Trades by Quarter

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

Gener8 Maritime (NYSE GNRT) News Headlines

Source:
DateHeadline
Zacks: Brokerages Expect Gener8 Maritime, Inc. (GNRT) Will Post Quarterly Sales of $65.83 MillionZacks: Brokerages Expect Gener8 Maritime, Inc. (GNRT) Will Post Quarterly Sales of $65.83 Million
www.americanbankingnews.com - December 11 at 1:00 PM
 Brokerages Expect Gener8 Maritime, Inc. (GNRT) Will Announce Earnings of -$0.09 Per Share Brokerages Expect Gener8 Maritime, Inc. (GNRT) Will Announce Earnings of -$0.09 Per Share
www.americanbankingnews.com - December 9 at 3:12 AM
Crude Carriers (CRU) & Gener8 Maritime (GNRT) Head-To-Head ReviewCrude Carriers (CRU) & Gener8 Maritime (GNRT) Head-To-Head Review
www.americanbankingnews.com - December 8 at 9:28 AM
Morgan Stanley and Evercore Reduced Frontline’s Target PriceMorgan Stanley and Evercore Reduced Frontline’s Target Price
finance.yahoo.com - December 1 at 5:10 PM
Head-To-Head Analysis: Nordic American Tankers (NAT) vs. Gener8 Maritime (GNRT)Head-To-Head Analysis: Nordic American Tankers (NAT) vs. Gener8 Maritime (GNRT)
www.americanbankingnews.com - December 1 at 11:16 AM
China’s Crude Oil Imports: Lowest in the Last 13 MonthsChina’s Crude Oil Imports: Lowest in the Last 13 Months
finance.yahoo.com - November 28 at 4:57 PM
Gener8 Maritime, Inc. – Value Analysis (NYSE:GNRT) : November 24, 2017Gener8 Maritime, Inc. – Value Analysis (NYSE:GNRT) : November 24, 2017
finance.yahoo.com - November 24 at 4:44 PM
Gener8 Maritime, Inc. breached its 50 day moving average in a Bullish Manner : GNRT-US : November 23, 2017Gener8 Maritime, Inc. breached its 50 day moving average in a Bullish Manner : GNRT-US : November 23, 2017
finance.yahoo.com - November 23 at 4:38 PM
Gener8 Maritime, Inc. (GNRT) Expected to Announce Quarterly Sales of $65.83 MillionGener8 Maritime, Inc. (GNRT) Expected to Announce Quarterly Sales of $65.83 Million
www.americanbankingnews.com - November 23 at 2:16 PM
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

SEC Filings

Gener8 Maritime (NYSE:GNRT) SEC Filings

DateFilerForm TypeView
12/07/2017
4:25 PM
Gener8 Maritime (Issuer)
Vrondissis Leonard J. (Reporting)
Form 4
Statement of changes in beneficial ownership of securities  
View Filing
12/07/2017
4:24 PM
Gener8 Maritime (Issuer)
Gonzales Milton H JR (Reporting)
Form 4
Statement of changes in beneficial ownership of securities  
View Filing
12/07/2017
4:23 PM
Bradley Sean (Reporting)
Gener8 Maritime (Issuer)
Form 4
Statement of changes in beneficial ownership of securities  
View Filing
12/07/2017
4:23 PM
Gener8 Maritime (Issuer)
GEORGIOPOULOS PETER C (Reporting)
Form 4
Statement of changes in beneficial ownership of securities  
View Filing
12/07/2017
4:22 PM
Gener8 Maritime (Issuer)
TAVLARIOS JOHN P (Reporting)
Form 4
Statement of changes in beneficial ownership of securities  
View Filing

Social Media

Financials

Gener8 Maritime (NYSE:GNRT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Gener8 Maritime (NYSE GNRT) Stock Chart for Monday, December, 11, 2017

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This page was last updated on 12/11/2017 by MarketBeat.com Staff

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