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Genco Shipping & Trading DB:GNU1 Stock Report

Last Price

€12.86

Market Cap

€563.1m

7D

-9.1%

1Y

-9.6%

Updated

22 Dec, 2024

Data

Company Financials +

Genco Shipping & Trading Limited

DB:GNU1 Stock Report

Market Cap: €563.1m

GNU1 Stock Overview

Engages in the ocean transportation of drybulk cargoes worldwide. More details

GNU1 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 89.4% below our estimate of its fair value

Earnings grew by 531.7% over the past year

Risk Analysis

Dividend of 11.43% is not well covered by earnings or free cash flows

Earnings are forecast to decline by an average of 0.4% per year for the next 3 years


My Notes

Capture your thoughts, links and company narrative

Genco Shipping & Trading Limited Competitors

SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft

HMSE:NEP

€114.9m

HAMMONIA Schiffsholding

HMSE:HHX

€37.4m

Hapag-Lloyd

XTRA:HLAG

€27.0b

Logwin

XTRA:TGHN

€685.3m

Price History & Performance

Summary of share price highs, lows and changes for Genco Shipping & Trading
Historical stock prices
Current Share PriceUS$12.86
52 Week HighUS$21.57
52 Week LowUS$12.68
Beta0.95
1 Month Change-18.25%
3 Month Change-19.42%
1 Year Change-9.56%
3 Year Change-1.08%
5 Year Change38.28%
Change since IPO24.13%

Recent News & Updates

Recent updates

Shareholder Returns

GNU1DE ShippingDE Market
7D-9.1%-3.0%-2.6%
1Y-9.6%-13.6%6.9%

Return vs Industry: GNU1 exceeded the German Shipping industry which returned -13.6% over the past year.

Return vs Market: GNU1 underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is GNU1's price volatile compared to industry and market?
GNU1 volatility
GNU1 Average Weekly Movement4.4%
Shipping Industry Average Movement5.1%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.2%
10% least volatile stocks in DE Market2.4%

Stable Share Price: GNU1 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: GNU1's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,105John Wobensmithwww.gencoshipping.com

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. The company owns and operates dry bulk vessels to transports iron ore, grains, coal, steel products, and other drybulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities.

Genco Shipping & Trading Limited Fundamentals Summary

How do Genco Shipping & Trading's earnings and revenue compare to its market cap?
GNU1 fundamental statistics
Market cap€563.05m
Earnings (TTM)€65.81m
Revenue (TTM)€421.05m

8.6x

P/E Ratio

1.3x

P/S Ratio

Is GNU1 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GNU1 income statement (TTM)
RevenueUS$439.33m
Cost of RevenueUS$250.91m
Gross ProfitUS$188.42m
Other ExpensesUS$119.75m
EarningsUS$68.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.61
Gross Margin42.89%
Net Profit Margin15.63%
Debt/Equity Ratio7.7%

How did GNU1 perform over the long term?

See historical performance and comparison

Dividends

11.4%

Current Dividend Yield

98%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 18:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Genco Shipping & Trading Limited is covered by 31 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Martin JaerArctic Securities ASA
Liam BurkeB. Riley Securities, Inc.