My Portfolio
My Watchlists
Profile & Performance
Smart Portfolio
Find & Follow Experts
Top Lists
Top Experts
Make Better, Data Driven Investment Decisions
TipRanks tools are all you need to make data-driven investment decisions, conduct comprehensive stock research, find new investment ideas, analyze your portfolio, and follow the best-performing Wall Street experts.
About Us
Plans & Pricing
Genco Shipping (GNK)
NYSE:GNK
GNK nyse
United States
Genco Shipping

Genco Shipping Stock Analysis & Ratings

Genco Shipping Stock Analysis Overview

Smart Score
9
Outperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The Genco Shipping stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

GNK

GNK Stock Stats

Previous Close$15.31
Open$15.38
Bid14.66 x 200
Ask15.99 x 100
Today’s Range$14.74 - $15.45
52-Week Range$6.90 - $22.00
Volume686.24K
Average Volume692.42K
Market Cap$631.38M
Beta0.94
P/E Ratio26.4
EPS0.57
Earnings DateMar 01, 2022
Dividend & Yield0.6 (2.12%)
Ex-Dividend DateNov 12, 2021

Company Description

Genco Shipping

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It operates through the ocean transportation of drybulk cargoes worldwide through the ownership and operation of drybulk carrier vessels segment. The company was founded on September 27, 2004 and is headquartered in New York, NY.
Sector
Industrial Goods
Industry
Transportation
CEO
John C. Wobensmith
Employees
960
ISIN
MHY2685T1313
Address
299 Park Avenue, New York, NY, 10171, US

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

GNK FAQ

What was Genco Shipping’s price range in the past 12 months?
Genco Shipping lowest stock price was $6.90 and its highest was $22.00 in the past 12 months.
    What is Genco Shipping’s market cap?
    Genco Shipping’s market cap is $631.38M.
      What is Genco Shipping’s price target?
      The average price target for Genco Shipping is $30.00. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is $36.00 ,the lowest forecast is $26.00. The average price target represents 99.20% Increase from the current price of $15.06.
        What do analysts say about Genco Shipping?
        Genco Shipping’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.
          When is Genco Shipping’s upcoming earnings report date?
          Genco Shipping’s upcoming earnings report date is Mar 01, 2022 which is in 85 days.
            How were Genco Shipping’s earnings last quarter?
            Genco Shipping released its earnings results on Nov 03, 2021. The company reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.441 by -$0.001.
              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 $0.15 which represents an annual dividend yield of 2.12%. Genco Shipping’s last Quarterly dividend payment was on Nov 22, 2021. Genco Shipping’s upcoming ex-dividend date is Nov 12, 2021
                  What is Genco Shipping’s EPS estimate?
                  Genco Shipping’s EPS estimate for its next earnings report is not yet available.
                  How many shares outstanding does Genco Shipping have?
                  Genco Shipping has 41,920,000 shares outstanding.
                    What happened to Genco Shipping’s price movement after its last earnings report?
                    Genco Shipping reported an EPS of $1.44 in its last earnings report, missing expectations of $1.441. Following the earnings report the stock price went up 2.667%.
                      Which hedge fund is a major shareholder of Genco Shipping?
                      Among the largest hedge funds holding Genco Shipping’s share is Wexford Capital LP. It holds Genco Shipping’s shares valued at 2M.

                        What's Included in PREMIUM?
                        Make informed decisions based on Top Analysts' activity
                        Know what industry insiders are buying
                        Get actionable alerts from top Wall Street Analysts
                        Find out before anyone else which stock is going to shoot up
                        Get powerful stock screeners & detailed portfolio analysis