Genco Shipping (GNU1) Stock Price & Analysis
GNU1 Stock Chart & Stats
- Day’s Range
- EUR 23.26 - EUR 23.32
- 52-Week Range
- EUR 13.38 - EUR 24.58
- Previous Close
- EUR 22.98
- Volume
- N/A
- Average Volume (3M)
- 10
- Market Cap
- EUR 1.02B
- Enterprise Value
- EUR 1.36B
- Total Cash (Recent Filing)
- EUR 73.59M
- Total Debt (Recent Filing)
- EUR 325.20M
- Price to Earnings (P/E)
- 28.6
- Beta
- 0.29
- Next Earnings
- Nov 04, 2026 (Est.)
- EPS Estimate
- 0.8
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- 6.38%
Bulls Say, Bears Say
Bulls Say
Low Leverage And Liquidity
Low leverage, sizable equity, and available borrowing capacity give Genco financial flexibility through drybulk cycles. This supports fleet investment, debt management, and shareholder returns while reducing the risk that moderate market weakness immediately constrains operations or capital allocation.
Modern Fleet Renewal
Fleet renewal can improve vessel quality, operating efficiency, and commercial competitiveness while extending asset lives. The company’s recent investment program also targets larger vessels and has been described as accretive, supporting earnings capacity and asset quality over several quarters.
Strong Operating Leverage
Higher TCE rates are translating into disproportionately stronger EBITDA because Genco reports an industry-low cash-flow breakeven of about $10,000 per vessel per day. This cost structure gives earnings meaningful upside when freight markets remain supportive and vessels stay utilized.
Bears Say
Weak Recent Free-cash-flow Conversion
Recent negative free cash flow indicates that reported earnings have not consistently converted into discretionary cash after investment and working-capital needs. Continued volatility could limit internally funded growth, increase reliance on borrowing, and make shareholder distributions less resilient.
Freight-rate Dependence
Genco’s enhanced dividend capacity remains closely tied to favorable freight markets, particularly spot-weighted Capesize exposure. If rates normalize, cash available for distributions could fall quickly, making shareholder returns less predictable despite the company’s current operating improvement.
Takeover And Governance Uncertainty
An extended anti-takeover plan can increase transaction friction and preserve greater board control over future change-of-control proposals. While intended to protect shareholders, it adds governance complexity and may delay or complicate strategic outcomes during the plan’s remaining term.
Genco Shipping News
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Genco Shipping Stock Smart Score
Company Description
Genco Shipping
Genco Shipping & Trading Limited, along with its associated companies, is a global participant in the maritime transport industry, focusing on the delivery of dry bulk commodities across the world's oceans. The firm owns and operates a fleet of dry bulk carrier vessels, which are utilized to convey various materials, including iron ore, coal, grains, steel products, and other loose bulk cargoes. These ships are predominantly leased to a range of clients such as major commodities traders, industrial producers, and state-owned organizations. As of December 31, 2021, Genco's fleet was composed of 44 dry bulk carriers, specifically featuring 17 Capesize, 15 Ultramax, and 12 Supramax vessels, collectively capable of transporting approximately 4,636,000 deadweight tons. Established in 2004, Genco Shipping & Trading Limited maintains its principal office in New York, New York.
- Sector
- Industrials
- Industry
- Marine Shipping
- CEO
- John C. Wobensmith
- Employees
- 1,056
- Website
- www.gencoshipping.com
- Address
- 299 Park Avenue, New York City, NY, 10171, US
Genco Shipping (GNU1) Earnings & Revenues
GNU1 Company Deck
GNU1 Earnings Call
Earnings Call SentimentPositive
The call conveyed strong operational and financial momentum driven by materially higher TCE rates, substantial year-over-year EBITDA improvement, accretive fleet renewal and a reinforced capital allocation policy that produced a record Q2 dividend and optimistic dividend guidance for Q3/Q4. Liquidity and leverage remain manageable, though near-term funding for the Genco Volunteer required a $50M revolver draw and $58.5M remaining CapEx. Key risks noted include one-time proxy/tender-related expenses, an active acquisition proposal from Diana Shipping that could introduce strategic uncertainty and dilution concerns, Panama Canal transit risks tied to a likely El Niño, and the exposure of future dividends to continued strong freight markets and firmer secondhand values.
View all DE:GNU1 earnings summariesGNU1 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 16 | 3 | 3 |
| Technical Analysis | 4 | 3 | 3 |
| Moving Averages | 12 | 0 | 0 |
