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

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$6.61 0.00 (0.00 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$6.61
Today's Range$6.61 - $6.61
52-Week Range$4.17 - $6.94
Average Volume958,865 shs
Market Capitalization$550.40 million
P/E Ratio-26.44
Dividend YieldN/A
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


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


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


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%


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) issued its quarterly earnings data on Thursday, November, 9th. The shipping company reported ($0.39) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.33) by $0.06. The shipping company had revenue of $47.89 million for the quarter, compared to analyst estimates of $47.06 million. Gener8 Maritime had a negative return on equity of 7.26% and a negative net margin of 102.09%. The company's revenue for the quarter was down 30.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.01) earnings per share. 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 brokers have issued 1 year price targets for Gener8 Maritime's shares. Their forecasts range from $6.75 to $10.00. On average, they expect Gener8 Maritime's share 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 (IPO) on Thursday, June 25th 2015. The company issued 15,000,000 shares at a price of $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 positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gener8 Maritime earned a daily sentiment score of 0.43 on Accern's scale. They also assigned media headlines about the shipping company an impact score of 48.26 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Gener8 Maritime's major shareholders?

Gener8 Maritime's stock is owned by many different 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 purchased 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:  140 (Vote Outperform)
Underperform Votes:  121 (Vote Underperform)
Total Votes:  261
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 6/20/2018 by MarketBeat.com Staff

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