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

$6.32 +0.15 (+2.43 %)
(As of 04/20/2018 04:00 PM ET)
Previous Close$6.17
Today's Range$6.16 - $6.34
52-Week Range$4.17 - $6.94
Volume651,406 shs
Average Volume499,987 shs
Market Capitalization$512.09 million
P/E Ratio-25.28
Dividend YieldN/A
Beta1

About General Maritime (NYSE:GNRT)

General 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 Ratio0.94%
Current Ratio1.68%
Quick Ratio1.68%

Price-To-Earnings

Trailing P/E Ratio-25.28
Forward P/E Ratio-7.90
P/E GrowthN/A

Sales & Book Value

Annual Sales$298.37 million
Price / Sales1.76
Cash Flow$1.2154 per share
Price / Cash5.20
Book Value$15.30 per share
Price / Book0.41

Profitability

EPS (Most Recent Fiscal Year)($0.25)
Net Income$-168,540,000.00
Net Margins-56.54%
Return on Equity-1.55%
Return on Assets-0.74%

Miscellaneous

Employees39
Outstanding Shares83,270,000

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General Maritime (NYSE:GNRT) Frequently Asked Questions

What is General Maritime's stock symbol?

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

How were General Maritime's earnings last quarter?

General Maritime Co. (NYSE:GNRT) released its quarterly earnings results on Wednesday, March, 14th. The shipping company reported ($0.22) EPS for the quarter, beating analysts' consensus estimates of ($0.26) by $0.04. The shipping company earned $56.37 million during the quarter, compared to analyst estimates of $54.65 million. General Maritime had a negative return on equity of 1.55% and a negative net margin of 56.54%. View General Maritime's Earnings History.

When is General Maritime's next earnings date?

General Maritime is scheduled to release their next quarterly earnings announcement on Monday, May, 7th 2018. View Earnings Estimates for General Maritime.

What price target have analysts set for GNRT?

5 equities research analysts have issued 1-year price targets for General Maritime's stock. Their predictions range from $6.75 to $10.00. On average, they anticipate General Maritime's share price to reach $7.9167 in the next twelve months. View Analyst Ratings for General Maritime.

Who are some of General Maritime's key competitors?

Who are General Maritime's key executives?

General Maritime's management team includes the folowing people:
  • Mr. Peter C. Georgiopoulos, Founder, Chairman and Chief Exec. Officer (Age 57)
  • Mr. Leonard J. Vrondissis, Chief Financial Officer, Exec. VP and Sec. (Age 41)
  • Mr. John P. Tavlarios, Chief Operating Officer and Exec. VP (Age 57)
  • Mr. Nicolas Busch, Consultant and Director (Age 43)
  • Mr. Milton H. Gonzales Jr., Mang., Technical Director of GMM and Maritime Compliance Officer of GMM (Age 64)

When did General Maritime IPO?

(GNRT) raised $270 million in an 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 acted as the underwriters for the IPO and DNB Markets, ABN AMRO, Pareto Securities and Axia were co-managers.

Has General Maritime been receiving favorable news coverage?

News stories about GNRT stock have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. General Maritime earned a media sentiment score of 0.11 on Accern's scale. They also gave press coverage about the shipping company an impact score of 45.50 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

How do I buy shares of General 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 General Maritime's stock price today?

One share of GNRT stock can currently be purchased for approximately $6.32.

How big of a company is General Maritime?

General Maritime has a market capitalization of $512.09 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. General Maritime employs 39 workers across the globe.

How can I contact General Maritime?

General 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 General Maritime (GNRT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  244
MarketBeat's community ratings are surveys of what our community members think about General 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.

Analyst Ratings

General Maritime (NYSE:GNRT) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
5 Wall Street analysts have issued ratings and price targets for General Maritime in the last 12 months. Their average twelve-month price target is $7.9167, suggesting that the stock has a possible upside of 25.26%. The high price target for GNRT is $10.00 and the low price target for GNRT is $6.75. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldBuyBuy
Consensus Rating Score: 2.402.402.503.00
Ratings Breakdown: 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $7.9167$7.9167$8.3750$10.00
Price Target Upside: 25.26% upside34.41% upside25.37% upside97.63% upside

General Maritime (NYSE:GNRT) Consensus Price Target History

Price Target History for General Maritime (NYSE:GNRT)

General Maritime (NYSE:GNRT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/6/2018DNB MarketsUpgradeHold -> BuyHighView Rating Details
2/12/2018Morgan StanleyBoost Price TargetEqual Weight -> Equal Weight$5.50 -> $7.00HighView Rating Details
1/23/2018CitigroupDowngradeBuy -> NeutralLowView Rating Details
1/4/2018UBSReiterated RatingBuy -> NeutralHighView Rating Details
12/18/2017Jefferies GroupInitiated CoverageBuy -> Buy$10.00LowView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$15.00N/AView Rating Details
(Data available from 4/20/2016 forward)

Earnings

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

Earnings by Quarter for General Maritime (NYSE:GNRT)

General Maritime (NYSE:GNRT) Earnings Estimates

2018 EPS Consensus Estimate: $0.11
2019 EPS Consensus Estimate: $0.68
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20181$0.11$0.11$0.11
Q1 20191$0.16$0.16$0.16
Q2 20191$0.19$0.19$0.19
Q3 20191$0.16$0.16$0.16
Q4 20191$0.17$0.17$0.17

General Maritime (NYSE GNRT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/7/2018($0.38)N/AView Earnings Details
3/14/2018Q4 2017($0.26)($0.22)$54.65 million$56.37 millionViewN/AView Earnings Details
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
11/9/2015Q3 2015$0.47$0.42$88.62 million$78.76 millionViewN/AView Earnings Details
8/4/2015Q215$0.44$0.52$363.69 million$116.50 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

General Maritime (NYSE:GNRT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

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

Insider Ownership Percentage: 13.70%
Institutional Ownership Percentage: 69.35%
Insider Trading History for General Maritime (NYSE:GNRT)
Insider Trading History for General Maritime (NYSE:GNRT)

General Maritime (NYSE GNRT) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/15/2016Leonard J VrondissisVPSell14,312$5.30$75,853.609,583View 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

General Maritime (NYSE GNRT) News Headlines

Source:
DateHeadline
BidaskClub Downgrades General Maritime (GNRT) to HoldBidaskClub Downgrades General Maritime (GNRT) to Hold
www.americanbankingnews.com - April 19 at 11:02 AM
Week 15: Crude Tanker Industry UpdateWeek 15: Crude Tanker Industry Update
finance.yahoo.com - April 18 at 5:28 PM
Active-Investors: Free Post Earnings Research Report: Gener8 Maritimes Adjusted Net Loss NarrowedActive-Investors: Free Post Earnings Research Report: Gener8 Maritime's Adjusted Net Loss Narrowed
www.finanznachrichten.de - April 18 at 8:38 AM
Free Post Earnings Research Report: Gener8 Maritime’s Adjusted Net Loss NarrowedFree Post Earnings Research Report: Gener8 Maritime’s Adjusted Net Loss Narrowed
finance.yahoo.com - April 18 at 8:38 AM
General Maritime (GNRT) Cut to "Sell" at BidaskClubGeneral Maritime (GNRT) Cut to "Sell" at BidaskClub
www.americanbankingnews.com - April 14 at 10:53 PM
General Maritime Co. (GNRT) Receives Consensus Rating of "Hold" from AnalystsGeneral Maritime Co. (GNRT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 13 at 3:29 AM
General Maritime (GNRT) Lowered to "Strong Sell" at BidaskClubGeneral Maritime (GNRT) Lowered to "Strong Sell" at BidaskClub
www.americanbankingnews.com - April 11 at 10:10 PM
Reviewing General Maritime (GNRT) & Its CompetitorsReviewing General Maritime (GNRT) & Its Competitors
www.americanbankingnews.com - April 10 at 8:19 AM
 Analysts Anticipate General Maritime Co. (GNRT) Will Post Quarterly Sales of $48.09 Million Analysts Anticipate General Maritime Co. (GNRT) Will Post Quarterly Sales of $48.09 Million
www.americanbankingnews.com - April 9 at 4:28 AM
General Maritime (GNRT) Lifted to "Hold" at Zacks Investment ResearchGeneral Maritime (GNRT) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 8 at 12:06 AM
Critical Survey: General Maritime (GNRT) versus Its RivalsCritical Survey: General Maritime (GNRT) versus Its Rivals
www.americanbankingnews.com - April 7 at 5:22 PM
General Maritime (GNRT) Upgraded by BidaskClub to HoldGeneral Maritime (GNRT) Upgraded by BidaskClub to Hold
www.americanbankingnews.com - April 6 at 7:00 PM
General Maritime (GNRT) Stock Rating Upgraded by ValuEngineGeneral Maritime (GNRT) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 3 at 2:58 PM
Gener8 Maritime (GNRT) Raised to "Hold" at Zacks Investment ResearchGener8 Maritime (GNRT) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 29 at 11:17 AM
Citigroup Downgrades Gener8 Maritime (GNRT) to NeutralCitigroup Downgrades Gener8 Maritime (GNRT) to Neutral
www.americanbankingnews.com - March 26 at 8:14 PM
Zacks: Analysts Expect Gener8 Maritime Inc (GNRT) Will Announce Quarterly Sales of $48.09 MillionZacks: Analysts Expect Gener8 Maritime Inc (GNRT) Will Announce Quarterly Sales of $48.09 Million
www.americanbankingnews.com - March 23 at 6:46 AM
China’s PMI Hits 19-Month Low—How It Impacts the Crude Tanker IndustryChina’s PMI Hits 19-Month Low—How It Impacts the Crude Tanker Industry
finance.yahoo.com - March 21 at 9:25 AM
Gener8 Maritime Inc (GNRT) Expected to Post Earnings of -$0.24 Per ShareGener8 Maritime Inc (GNRT) Expected to Post Earnings of -$0.24 Per Share
www.americanbankingnews.com - March 21 at 1:22 AM
This Mornings Technical Outlook on Shipping Stocks -- Gener8 Maritime, Globus Maritime, Navios Maritime Partners, and Golar LNGThis Morning's Technical Outlook on Shipping Stocks -- Gener8 Maritime, Globus Maritime, Navios Maritime Partners, and Golar LNG
www.bizjournals.com - March 20 at 8:52 AM
Gener8 Maritime Inc (GNRT) Given Consensus Recommendation of "Hold" by BrokeragesGener8 Maritime Inc (GNRT) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 19 at 3:24 AM
Gener8 Maritime (GNRT) vs. Its Peers Head to Head SurveyGener8 Maritime (GNRT) vs. Its Peers Head to Head Survey
www.americanbankingnews.com - March 16 at 1:24 AM
Gener8 Maritime (GNRT) & Its Rivals Head to Head SurveyGener8 Maritime (GNRT) & Its Rivals Head to Head Survey
www.americanbankingnews.com - March 15 at 11:16 PM
Gener8 Maritime (GNRT) vs. Its Rivals Head to Head ContrastGener8 Maritime (GNRT) vs. Its Rivals Head to Head Contrast
www.americanbankingnews.com - March 15 at 7:26 PM
Contrasting Gener8 Maritime (GNRT) and Its PeersContrasting Gener8 Maritime (GNRT) and Its Peers
www.americanbankingnews.com - March 14 at 9:29 PM
Gener8 Maritime reports 4Q lossGener8 Maritime reports 4Q loss
finance.yahoo.com - March 14 at 6:40 PM
Tsakos Energy Navigation: Analyst Recommendations before 4Q17Tsakos Energy Navigation: Analyst Recommendations before 4Q17
finance.yahoo.com - March 12 at 11:51 AM
DNB Markets Upgrades Gener8 Maritime (GNRT) to "Buy"DNB Markets Upgrades Gener8 Maritime (GNRT) to "Buy"
www.americanbankingnews.com - March 6 at 8:42 AM
Zacks: Analysts Expect Gener8 Maritime Inc (GNRT) Will Announce Quarterly Sales of $54.65 MillionZacks: Analysts Expect Gener8 Maritime Inc (GNRT) Will Announce Quarterly Sales of $54.65 Million
www.americanbankingnews.com - March 5 at 2:28 AM
Gener8 Maritime (GNRT) Scheduled to Post Earnings on MondayGener8 Maritime (GNRT) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - March 5 at 2:16 AM
Royce & Associates LP Acquires 130,863 Shares of Gener8 Maritime Inc (GNRT)Royce & Associates LP Acquires 130,863 Shares of Gener8 Maritime Inc (GNRT)
www.americanbankingnews.com - February 28 at 9:42 AM
New Strong Sell Stocks for February 23rdNew Strong Sell Stocks for February 23rd
finance.yahoo.com - February 23 at 8:44 AM
Gener8 Maritime Inc (GNRT) Given Consensus Rating of "Hold" by AnalystsGener8 Maritime Inc (GNRT) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - February 22 at 3:32 AM
 Analysts Expect Gener8 Maritime Inc (GNRT) Will Announce Quarterly Sales of $54.65 Million Analysts Expect Gener8 Maritime Inc (GNRT) Will Announce Quarterly Sales of $54.65 Million
www.americanbankingnews.com - February 17 at 10:24 AM
Gener8 Maritime (GNRT) & International Seaways (INSW) Head to Head SurveyGener8 Maritime (GNRT) & International Seaways (INSW) Head to Head Survey
www.americanbankingnews.com - February 16 at 3:28 PM
Critical Survey: Gener8 Maritime (GNRT) versus International Seaways (INSW)Critical Survey: Gener8 Maritime (GNRT) versus International Seaways (INSW)
www.americanbankingnews.com - February 15 at 12:46 PM
Morgan Stanley Boosts Gener8 Maritime (GNRT) Price Target to $7.00Morgan Stanley Boosts Gener8 Maritime (GNRT) Price Target to $7.00
www.americanbankingnews.com - February 12 at 12:58 PM
$54.65 Million in Sales Expected for Gener8 Maritime Inc (GNRT) This Quarter$54.65 Million in Sales Expected for Gener8 Maritime Inc (GNRT) This Quarter
www.americanbankingnews.com - January 31 at 5:50 AM
Financial Contrast: Tsakos Energy Navigation (TNP) and Gener8 Maritime (GNRT)Financial Contrast: Tsakos Energy Navigation (TNP) and Gener8 Maritime (GNRT)
www.americanbankingnews.com - January 29 at 5:12 AM
Gener8 Maritime Inc (GNRT) Receives Consensus Rating of "Hold" from AnalystsGener8 Maritime Inc (GNRT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - January 28 at 3:30 AM
Key Updates from the Crude Tanker Industry Last WeekKey Updates from the Crude Tanker Industry Last Week
finance.yahoo.com - January 25 at 9:42 AM
-$0.21 EPS Expected for Gener8 Maritime Inc (GNRT) This Quarter-$0.21 EPS Expected for Gener8 Maritime Inc (GNRT) This Quarter
www.americanbankingnews.com - January 12 at 8:02 AM
Week 1: Crude Tanker Industry UpdateWeek 1: Crude Tanker Industry Update
finance.yahoo.com - January 11 at 10:10 AM
Gener8 Maritime Inc Forecasted to Post Q4 2018 Earnings of $0.11 Per Share (GNRT)Gener8 Maritime Inc Forecasted to Post Q4 2018 Earnings of $0.11 Per Share (GNRT)
www.americanbankingnews.com - January 8 at 2:46 PM
Gener8 Maritime (GNRT) Stock Rating Reaffirmed by UBS GroupGener8 Maritime (GNRT) Stock Rating Reaffirmed by UBS Group
www.americanbankingnews.com - January 8 at 12:44 AM
Gener8 Maritime Partners: Analysts Recommend a ‘Buy’Gener8 Maritime Partners: Analysts Recommend a ‘Buy’
finance.yahoo.com - January 5 at 9:57 AM
Financial Survey: Gener8 Maritime (GNRT) versus KNOT Offshore Partners (KNOP)Financial Survey: Gener8 Maritime (GNRT) versus KNOT Offshore Partners (KNOP)
www.americanbankingnews.com - January 4 at 1:32 PM
Gener8 Maritime (GNRT) Cut to Neutral at UBS GroupGener8 Maritime (GNRT) Cut to Neutral at UBS Group
www.americanbankingnews.com - January 3 at 6:24 PM
Gener8 Maritime Inc (GNRT) Given Average Rating of "Hold" by BrokeragesGener8 Maritime Inc (GNRT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - January 3 at 5:58 PM
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Gener8 Maritime, Inc. to Euronav is Fair to ShareholdersINVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Concerning Whether the Sale of Gener8 Maritime, Inc. to Euronav is Fair to Shareholders
finance.yahoo.com - December 28 at 3:40 PM
Gener8 Maritime Inc (GNRT) Expected to Announce Quarterly Sales of $65.82 MillionGener8 Maritime Inc (GNRT) Expected to Announce Quarterly Sales of $65.82 Million
www.americanbankingnews.com - December 28 at 5:50 AM

SEC Filings

General Maritime (NYSE:GNRT) SEC Filings

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Social Media

Financials

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

Chart

General Maritime (NYSE GNRT) Stock Chart for Friday, April, 20, 2018

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This page was last updated on 4/20/2018 by MarketBeat.com Staff

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