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Golden Ocean Group LSE:0RII Stock Report

Last Price

NOK 122.58

Market Cap

NOK 24.8b

7D

-9.4%

1Y

23.1%

Updated

22 Nov, 2024

Data

Company Financials +

Golden Ocean Group Limited

LSE:0RII Stock Report

Market Cap: NOK 24.8b

Golden Ocean Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Golden Ocean Group
Historical stock prices
Current Share PriceUS$122.58
52 Week HighUS$168.00
52 Week LowUS$92.70
Beta1.23
11 Month Change4.01%
3 Month Change-5.09%
1 Year Change23.10%
33 Year Change58.53%
5 Year Change131.06%
Change since IPO-28.38%

Recent News & Updates

Recent updates

Shareholder Returns

0RIIGB ShippingGB Market
7D-9.4%-0.3%2.2%
1Y23.1%6.2%8.0%

Return vs Industry: 0RII exceeded the UK Shipping industry which returned 6.5% over the past year.

Return vs Market: 0RII exceeded the UK Market which returned 6.6% over the past year.

Price Volatility

Is 0RII's price volatile compared to industry and market?
0RII volatility
0RII Average Weekly Movement4.7%
Shipping Industry Average Movement5.2%
Market Average Movement4.8%
10% most volatile stocks in GB Market10.3%
10% least volatile stocks in GB Market2.6%

Stable Share Price: 0RII has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0RII's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a38n/awww.goldenocean.bm

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.

Golden Ocean Group Limited Fundamentals Summary

How do Golden Ocean Group's earnings and revenue compare to its market cap?
0RII fundamental statistics
Market capNOK 24.79b
Earnings (TTM)NOK 2.37b
Revenue (TTM)NOK 10.77b

10.4x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0RII income statement (TTM)
RevenueUS$972.69m
Cost of RevenueUS$509.51m
Gross ProfitUS$463.18m
Other ExpensesUS$249.10m
EarningsUS$214.08m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 27, 2024

Earnings per share (EPS)1.07
Gross Margin47.62%
Net Profit Margin22.01%
Debt/Equity Ratio57.5%

How did 0RII perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

93%

Payout Ratio