KT31 Stock Overview A shipping company, owns and operates a fleet of dry bulk vessels worldwide. More details
Rewards Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Add noteGolden Ocean Group Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Golden Ocean Group Historical stock prices Current Share Price US$8.28 52 Week High US$14.63 52 Week Low US$8.15 Beta 1.2 1 Month Change -17.57% 3 Month Change -28.77% 1 Year Change -8.77% 3 Year Change 11.95% 5 Year Change 64.86% Change since IPO -90.77%
Recent News & Updates
Golden Ocean Group Limited Announces Dividend for the third Quarter of 2024, Payable on or About December 18, 2024 Nov 27
Investor sentiment improves as stock rises 17% Sep 17
Second quarter dividend of US$0.30 announced Sep 02
Second quarter 2024 earnings released: EPS: US$0.31 (vs US$0.17 in 2Q 2023) Aug 29
Investor sentiment deteriorates as stock falls 15% Jul 11
Investor sentiment deteriorates as stock falls 15% Jun 12 See more updates
Golden Ocean Group Limited Announces Dividend for the third Quarter of 2024, Payable on or About December 18, 2024 Nov 27
Investor sentiment improves as stock rises 17% Sep 17
Second quarter dividend of US$0.30 announced Sep 02
Second quarter 2024 earnings released: EPS: US$0.31 (vs US$0.17 in 2Q 2023) Aug 29
Investor sentiment deteriorates as stock falls 15% Jul 11
Investor sentiment deteriorates as stock falls 15% Jun 12
New major risk - Share price stability Jun 07
First quarter dividend of US$0.30 announced May 27
First quarter 2024 earnings released: EPS: US$0.33 (vs US$0.044 loss in 1Q 2023) May 23
New major risk - Share price stability Apr 23
Insider recently sold €2.3m worth of stock Mar 27
Upcoming dividend of US$0.30 per share Mar 05
Fourth quarter dividend of US$0.30 announced Mar 04
Full year 2023 earnings released: EPS: US$0.56 (vs US$2.30 in FY 2022) Mar 01
Investor sentiment improves as stock rises 21% Feb 28
Golden Ocean Group Limited Announces Dividend for the Fourth Quarter of 2023, Payable on or About 25 March, 2024 Feb 28
Less than half of directors are independent Jan 23
Golden Ocean Group Ltd. Announces the Appointment of Cato Stonex as Director Jan 19
Investor sentiment improves as stock rises 16% Nov 28
Third quarter 2023 earnings released: EPS: US$0.14 (vs US$0.52 in 3Q 2022) Nov 23
Golden Ocean Group Limited Announces Cash Dividend for the Third Quarter of 2023, Payable on or About December 13, 2023 Nov 21
Golden Ocean Group Limited Announces Cash Dividend for the Second Quarter of 2023, Payable on or About September 19, 2023 Aug 31
Second quarter 2023 earnings released: EPS: US$0.17 (vs US$0.82 in 2Q 2022) Aug 31
Now 24% undervalued after recent price drop Aug 02
Now 24% undervalued after recent price drop Jun 19 Golden Ocean Group Limited Announces Impairment Charges for the First Quarter of 2023
First quarter 2023 earnings released: US$0.04 loss per share (vs US$0.63 profit in 1Q 2022) May 17
Golden Ocean Group Limited Announces Cash Dividend for the First Quarter of 2023, Payable on or About June 6, 2023 May 16
Full year 2022 earnings released: EPS: US$2.30 (vs US$2.74 in FY 2021) Mar 20
Full year 2022 earnings released: EPS: US$2.30 (vs US$2.74 in FY 2021) Feb 17
Golden Ocean Group Limited Announces Dividend for the Fourth Quarter of 2022, Payable on or About 9 March, 2023 Feb 17 Golden Ocean Group Limited to Report First Half, 2023 Results on Aug 31, 2023
Third quarter 2022 earnings released: EPS: US$0.52 (vs US$0.97 in 3Q 2021) Nov 17
Less than half of directors are independent Nov 16
Golden Ocean Group Limited Announces Cash Dividend for the Third Quarter Ended September 30, 2022, Payable on or About December 5, 2022 Nov 16
Investor sentiment improved over the past week Nov 07
Investor sentiment improved over the past week Oct 06
Golden Ocean Group Limited (NasdaqGS:GOGL) announces an Equity Buyback for 10,000,000 shares, for $100 million. Oct 05
Investor sentiment deteriorated over the past week Sep 21
Investor sentiment deteriorated over the past week Sep 01
Upcoming dividend of US$0.60 per share Aug 30
Second quarter 2022 earnings released: EPS: US$0.82 (vs US$0.52 in 2Q 2021) Aug 26
Golden Ocean Group Limited Announces Cash Dividend for the Second Quarter of 2022, Payable on or About September 14, 2022 Aug 25
Golden Ocean Group Limited to Report Q2, 2022 Results on Aug 25, 2022 Aug 18
Investor sentiment deteriorated over the past week Jul 05
Investor sentiment deteriorated over the past week Jun 11
Upcoming dividend of US$0.50 per share May 24
First quarter 2022 earnings released: EPS: US$0.63 (vs US$0.14 in 1Q 2021) May 20
Golden Ocean Group Limited Announces Cash Dividend for the First Quarter of 2022, Payable on or About June 8, 2022 May 19
Golden Ocean Group Limited Announces Resignation of Tor Svelland as Director May 04
Less than half of directors are independent Apr 27
Investor sentiment improved over the past week Apr 18
Golden Ocean Group Limited to Report Fiscal Year 2021 Results on Mar 23, 2022 Mar 23
Golden Ocean Group Ltd Announces the Appointment of Jens Martin Jensen as Director Mar 10
Investor sentiment deteriorated over the past week Mar 09
Upcoming dividend of US$0.90 per share Feb 23
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Feb 17
Golden Ocean Group Limited Announces Cash Dividend for the Fourth Quarter of 2021, Payable on or About March 10, 2022 Feb 16
Investor sentiment improved over the past week Feb 10
Investor sentiment deteriorated over the past week Dec 15
Upcoming dividend of US$0.85 per share Dec 01
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Nov 25
Investor sentiment improved over the past week Nov 15
Second quarter 2021 earnings released: EPS US$0.52 (vs US$0.29 loss in 2Q 2020) Aug 27
Investor sentiment improved over the past week Jun 12
Inaugural dividend of US$0.25 per share May 26 Golden Ocean Group Limited Reports Impairment Loss for the First Quarter Ended March 31, 2021
First quarter 2021 earnings released: EPS US$0.14 (vs US$1.12 loss in 1Q 2020) May 21
Golden Ocean Group Limited has completed a Follow-on Equity Offering in the amount of NOK 143.649981 million. Apr 28
Full year 2020 earnings released: US$0.96 loss per share (vs US$0.26 profit in FY 2019) Mar 20
Golden Ocean Group Limited Announces Board Changes Mar 17
Full year 2020 earnings released: US$0.96 loss per share (vs US$0.26 profit in FY 2019) Feb 20
New 90-day high: €5.00 Feb 18 Golden Ocean Group Limited, Annual General Meeting, Sep 17, 2021
New 90-day high: €3.97 Jan 09
New 90-day high: €3.59 Dec 11
New 90-day high: €3.50 Nov 24
Third quarter 2020 earnings released: EPS US$0.27 Nov 20
OSM Maritime Group AS acquired SeaTeam Management Pte. Ltd. from Golden Ocean Group Limited (NasdaqGS:GOGL), Frontline Ltd. (NYSE:FRO) and others. Nov 20
Golden Ocean Group Limited Appoints Lars-Christian Svensen as Chief Commercial Officer Nov 12
New 90-day low: €2.73 Oct 31
New 90-day low - €2.82 Sep 10
Earnings released Aug 19 Shareholder Returns KT31 DE Shipping DE Market 7D -3.4% -2.4% -2.0% 1Y -8.8% -13.6% 6.9%
See full shareholder returns
Return vs Market: KT31 underperformed the German Market which returned 6.9% over the past year.
Price Volatility Is KT31's price volatile compared to industry and market? KT31 volatility KT31 Average Weekly Movement 7.7% Shipping Industry Average Movement 5.1% Market Average Movement 4.9% 10% most volatile stocks in DE Market 11.3% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: KT31's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: KT31's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company’s dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers.
Show more Golden Ocean Group Limited Fundamentals Summary How do Golden Ocean Group's earnings and revenue compare to its market cap? KT31 fundamental statistics Market cap €1.67b Earnings (TTM ) €232.23m Revenue (TTM ) €972.10m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) KT31 income statement (TTM ) Revenue US$1.01b Cost of Revenue US$501.49m Gross Profit US$510.16m Other Expenses US$268.48m Earnings US$241.68m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 28, 2025
Earnings per share (EPS) 1.21 Gross Margin 50.43% Net Profit Margin 23.89% Debt/Equity Ratio 65.2%
How did KT31 perform over the long term?
See historical performance and comparison Dividends
13.4% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/23 01:11 End of Day Share Price 2024/12/23 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
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.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 Golden Ocean Group Limited is covered by 19 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.
Analyst Institution Glenn Lodden ABN AMRO Bank N.V. Gregory Lewis BTIG Marius Furuly Carnegie Investment Bank AB
Show 16 more analysts