Genco Shipping (GNK) AI Stock Analysis

• Market Cap: $732.03M
• Dividend Yield: 5.87%
• Average Volume (3M): 539.21K
• Price to Earnings (P/E): 48.8
• Beta (1Y): 1.14
• Revenue Growth: -17.15%
• EPS Growth: 2.40%
• Country: US
• Employees: 1,037
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): -0.14
• Shares Outstanding: 42,959,465
• 10 Day Avg. Volume: 367,953
• 30 Day Avg. Volume: 539,208
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.86
• Enterprise Value/Revenue: 1.80
• Enterprise Value/Gross Profit: 6.39
• Enterprise Value/Ebitda: 6.48
• 1Y Price Target: $22.25
• Price Target Upside: 40.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 63 Neutral
• Price Target: $17.00 ▲(7.59% Upside)

Genco Shipping's overall stock score reflects a balance of strengths and challenges. The company's strong balance sheet and commitment to shareholder returns are significant positives. However, the bearish technical indicators and high P/E ratio suggest caution. The earnings call provided some optimism with strategic initiatives and improved freight rates, but the net loss and cash flow concerns weigh on the overall score.

Genco Shipping Business Overview & Revenue Model

Company Description

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.

How the Company Makes Money

Genco Shipping generates revenue primarily through the chartering of its vessels, which is based on both time charters and spot market contracts. Time charters provide a stable income stream as customers pay for the vessel's availability over a specified period, while spot market contracts can yield higher returns during favorable market conditions. The company also benefits from operational efficiencies and cost management strategies that enhance profitability. Additionally, Genco may engage in partnerships or long-term contracts with major commodity producers and traders, which can provide predictable revenue and reduce exposure to market volatility.

Genco Shipping Financial Statement Overview

Summary

Genco Shipping shows a mixed financial performance. The income statement indicates challenges in revenue growth but maintains reasonable profitability margins. The balance sheet is robust with low leverage, providing financial stability. However, the cash flow statement highlights a decline in free cash flow growth, which could impact future liquidity.

Income Statement

Genco Shipping's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth by 6.93%, reflecting challenges in maintaining top-line growth. However, the company maintains a reasonable gross profit margin of 28.17% and a net profit margin of 4.39%, suggesting some level of operational efficiency. The EBIT and EBITDA margins are moderate at 7.64% and 27.75%, respectively, indicating stable earnings before interest and taxes. Despite the recent revenue decline, the company has shown resilience in profitability.

Balance Sheet

The balance sheet of Genco Shipping is strong, with a low debt-to-equity ratio of 0.67%, indicating minimal leverage and financial risk. The return on equity (ROE) is modest at 1.69%, suggesting limited returns on shareholder investments. The equity ratio stands at 85.68%, highlighting a solid equity base relative to total assets. Overall, the company maintains a stable financial position with low leverage, which is a positive indicator for long-term sustainability.

Cash Flow

The cash flow statement reveals some concerns, with a significant decline in free cash flow growth by 52.59% in the TTM period. The operating cash flow to net income ratio is healthy at 1.52, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is lower at 0.25, suggesting limited free cash flow relative to earnings. The decline in free cash flow growth is a potential risk factor that needs to be addressed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	350.74M	423.02M	383.82M	536.93M	547.13M	355.56M
Gross Profit	98.81M	116.68M	68.16M	196.26M	226.26M	35.68M
EBITDA	97.34M	159.87M	60.62M	230.06M	255.02M	-136.63M
Net Income	15.41M	76.40M	-12.87M	158.58M	182.01M	-247.13M
Balance Sheet
Total Assets	1.04B	1.06B	1.14B	1.17B	1.20B	1.23B
Cash, Cash Equivalents and Short-Term Investments	35.75M	43.69M	46.54M	58.14M	114.57M	143.87M
Total Debt	98.96M	89.22M	194.26M	171.12M	246.29M	449.40M
Total Liabilities	147.21M	128.37M	227.26M	205.56M	286.33M	487.81M
Stockholders Equity	891.60M	926.74M	913.26M	967.43M	916.59M	744.99M
Cash Flow
Free Cash Flow	18.25M	70.17M	-2.23M	133.28M	113.66M	16.86M
Operating Cash Flow	73.87M	126.85M	91.78M	189.32M	231.12M	36.90M
Investing Cash Flow	-23.93M	47.85M	-91.62M	-55.02M	-67.57M	37.44M
Financing Cash Flow	-56.53M	-177.55M	-17.40M	-190.74M	-222.69M	-56.91M

Genco Shipping Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.80
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GNK, the sentiment is Positive. The current price of 15.8 is below the 20-day moving average (MA) of 16.32, below the 50-day MA of 17.24, and above the 200-day MA of 14.68, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 56.26 is Neutral, neither overbought nor oversold. The STOCH value of 80.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GNK.

Genco Shipping Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASC	―	$511.46M	12.22	7.10%	3.02%	-21.59%	-70.74%
SBLK	―	$2.16B	17.80	5.11%	4.20%	2.95%	-61.74%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GNK	―	$732.03M	48.84	1.70%	5.87%	-17.15%	2.40%
DSX	―	$202.60M	13.42	4.23%	2.29%	-4.90%	21.09%
SB	―	$473.74M	10.82	6.58%	4.26%	-9.65%	-46.46%
SHIP	―	$177.67M	11.24	5.93%	5.41%	1.66%	-46.13%

Genco Shipping Corporate Events

Genco Shipping Adopts Shareholder Rights Plan

On October 1, 2025, Genco Shipping & Trading Limited announced the adoption of a limited duration shareholder rights plan, effective immediately and expiring on September 30, 2026. This plan aims to protect shareholders’ interests by preventing any entity from gaining control of the company without paying a fair premium, while still allowing the Board to consider fair offers. The rights plan allows shareholders to purchase additional shares at a favorable rate if a person or group acquires 15% or more of the company’s stock without Board approval. This strategic move is designed to ensure shareholders can realize the long-term value of their investment and provides the Board with time to fulfill its fiduciary duties.

The most recent analyst rating on (GNK) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Genco Shipping stock, see the GNK Stock Forecast page.

Genco Shipping Announces Board Restructuring After Resignation

On August 26, 2025, Genco Shipping & Trading Limited announced the resignation of James G. Dolphin from its Board of Directors, effective immediately, with no disagreements on company strategy or operations. In response, CEO John C. Wobensmith was appointed as Chairman of the Board, and Kathleen C. Haines was named Lead Independent Director, enhancing the board’s independent oversight. Additionally, Arthur L. Regan and Basil G. Mavroleon were appointed to key committee roles, effective the same day, as part of the company’s succession planning.

The most recent analyst rating on (GNK) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Genco Shipping stock, see the GNK Stock Forecast page.

Genco Shipping’s Earnings Call: Resilience Amid Challenges

Genco Shipping & Trading Ltd’s recent earnings call showcased a blend of resilience and strategic growth, despite facing certain challenges. The company demonstrated financial robustness through strong credit facilities and consistent dividend payouts, even as it reported a net loss for the quarter. The sentiment was cautiously optimistic, buoyed by favorable market trends and improved TCE rates, suggesting a positive outlook for future performance.

Genco Shipping Reports Q2 2025 Results and Fleet Expansion

Genco Shipping & Trading Limited is a U.S.-based drybulk ship owning company that specializes in the global transportation of commodities, utilizing a modern fleet of Capesize, Ultramax, and Supramax vessels. The company is recognized for its strategic focus on fleet modernization and financial strength in the drybulk shipping sector.