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GNK Stock Chart & Stats
$27.32
$1.02(3.96%)
At close: 4:00 PM EDT
$27.32
$1.02(3.96%)
Day’s Range― - ―
52-Week Range$15.56 - $28.42
Previous CloseN/A
Volume232.22K
Average Volume (3M)555.72K
Market Cap
$1.08B
Enterprise Value$1.36B
Total Cash (Recent Filing)$73.59M
Total Debt (Recent Filing)$325.20M
Price to Earnings (P/E)27.0
Beta1.00
Next Earnings
Nov 04, 2026EPS Estimate
0.92Next Dividend Ex-DateN/A
Dividend Yield7.28%
Share Statistics
EPS (TTM)0.92
Shares Outstanding43,586,605
10 Day Avg. Volume495,134
30 Day Avg. Volume555,716
Financial Highlights & Ratios
PEG Ratio1.74
Price to Book (P/B)0.89
Price to Sales (P/S)2.34
P/FCF Ratio-13.20
Enterprise Value/Market Cap1.26
Enterprise Value/Revenue3.08
Enterprise Value/Gross Profit8.99
Enterprise Value/Ebitda9.60
Forecast
1Y Price Target
$32.00Price Target Upside17.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)2.84
Revenue Forecast (FY)$386.59M
Bulls Say, Bears Say
Bulls Say
Low Leverage And LiquidityLow 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 RenewalFleet 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 LeverageHigher 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 ConversionRecent 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 DependenceGenco’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 UncertaintyAn 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
GNK FAQ
What was Genco Shipping’s price range in the past 12 months?
Genco Shipping lowest stock price was $15.56 and its highest was $28.42 in the past 12 months.
What is Genco Shipping’s market cap?
Genco Shipping’s market cap is $1.08B.
When is Genco Shipping’s upcoming earnings report date?
Genco Shipping’s upcoming earnings report date is Nov 04, 2026 which is in 14 days.
How were Genco Shipping’s earnings last quarter?
Genco Shipping released its earnings results on Aug 05, 2026. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.604 by $0.046.
Is Genco Shipping overvalued?
According to Wall Street analysts Genco Shipping’s price is currently Undervalued.
Does Genco Shipping pay dividends?
Genco Shipping pays a Quarterly dividend of $0.8 which represents an annual dividend yield of 7.28%. See more information on Genco Shipping dividends here
What is Genco Shipping’s EPS estimate?
Genco Shipping’s EPS estimate is 0.92.
How many shares outstanding does Genco Shipping have?
Genco Shipping has 43,586,605 shares outstanding.
What happened to Genco Shipping’s price movement after its last earnings report?
Genco Shipping reported an EPS of $0.65 in its last earnings report, beating expectations of $0.604. Following the earnings report the stock price went down -1.722%.
Which hedge fund is a major shareholder of Genco Shipping?
Currently, no hedge funds are holding shares in GNK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Genco Shipping Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$32.00 (17.13% Upside)
$32.00 (17.13% Upside)
Blogger Sentiment
Bullish
GNK Sentiment 75%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 20.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $56.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
67.63%
12-Months-Change
Fundamentals
Return on Equity
0.02%
Trailing 12-Months
Asset Growth
21.25%
Trailing 12-Months
Learn more about TipRanks 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.
GNK Company Deck
GNK Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
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 GNK earnings summariesGNK Stock 12 Month Forecast
Average Price Target
$32.00
▲(17.13% Upside)
Technical Analysis
Diana Shipping
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Safe Bulkers
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Seanergy Maritime
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Star Bulk Carriers
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Himalaya Shipping Ltd.
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Ownership Overview
11.50% Insiders
11.44% Mutual Funds
0.87% Other Institutional Investors
59.28% Public Companies and
Individual Investors