Genco Shipping (GNK)
NYSE:GNK

Genco Shipping (GNK) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

GNK Analyst Ratings

Strong Buy
6Ratings
6 Buy
0 Hold
0 Sell
Based on 6 analysts giving stock ratings to
Genco
Shipping
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

GNK Stock 12 Months Forecast

Average Price Target

$24.17
▲(63.98% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Genco Shipping in the last 3 months. The average price target is $24.17 with a high forecast of $28.00 and a low forecast of $20.00. The average price target represents a 63.98% change from the last price of $14.74.
Highest Price Target$28.00Average Price Target$24.17Lowest Price Target$20.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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Alliance Global Partners
$29.00
Buy
96.74%
Upside
Initiated
Genco Shipping (GNK) Receives a New Rating from a Top Analyst
Deutsche Bank
$29.00
Buy
96.74%
Upside
Reiterated
Genco Shipping (GNK) Gets a Buy Rating from Jefferies
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GNK Financial Forecast

GNK Earnings Forecast
Next quarter’s earnings estimate for GNK is $0.75 with a range of $0.57 to $1.07. The previous quarter’s EPS was $1.00. GNK beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.91% of the time in the same period. In the last calendar year GNK has Underperformed its overall industry.
Next quarter’s earnings estimate for GNK is $0.75 with a range of $0.57 to $1.07. The previous quarter’s EPS was $1.00. GNK beat its EPS estimate 0.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.91% of the time in the same period. In the last calendar year GNK has Underperformed its overall industry.
GNK Sales Forecast
Next quarter’s sales forecast for GNK is $81.57M with a range of $71.90M to $101.00M. The previous quarter’s sales results were $135.97M. GNK beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 72.00% of the time in the same period. In the last calendar year GNK has Outperformed its overall industry.
Next quarter’s sales forecast for GNK is $81.57M with a range of $71.90M to $101.00M. The previous quarter’s sales results were $135.97M. GNK beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 72.00% of the time in the same period. In the last calendar year GNK has Outperformed its overall industry.
GNK Analyst Recommendation Trends
In the current month, GNK has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The GNK average analyst price target in the past 3 months is $24.17
In the current month, GNK has received 0 Buy ratings 0 Hold ratings, and 0 Sell ratings. The GNK average analyst price target in the past 3 months is $24.17

GNK Stock Forecast FAQ

What is GNK’s average 12-month price target, according to analysts?
Based on analyst ratings, Genco Shipping’s 12-month average price target is $24.17.
    What is GNK’s upside potential, based on the analysts’ average price target?
    Genco Shipping has 63.98% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is GNK a Buy, Sell or Hold?
          Genco Shipping has a conensus rating of Strong Buy which is based on 6 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Genco Shipping’s price target?
            The average price target for Genco Shipping is $24.17. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $28.00 ,the lowest forecast is $20.00. The average price target represents 63.98% Increase from the current price of $14.74.
              What do analysts say about Genco Shipping?
              Genco Shipping’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.

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