GOGL Stock Overview
A shipping company, owns and operates a fleet of dry bulk vessels worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Golden Ocean Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.14 |
| 52 Week High | US$15.77 |
| 52 Week Low | US$8.42 |
| Beta | 1.23 |
| 11 Month Change | 4.11% |
| 3 Month Change | -8.99% |
| 1 Year Change | 21.88% |
| 33 Year Change | 25.88% |
| 5 Year Change | 84.74% |
| Change since IPO | -47.45% |
Recent News & Updates
There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital
Nov 19
Golden Ocean Is Picking Up A Tailwind
Nov 02Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks
Oct 17Golden Ocean Group: Top Spec Fleet And Attractive Shareholder Returns
Oct 15Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business
Oct 04Recent updates
There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital
Nov 19Golden Ocean Is Picking Up A Tailwind
Nov 02Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks
Oct 17Golden Ocean Group: Top Spec Fleet And Attractive Shareholder Returns
Oct 15Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business
Oct 04When Should You Buy Golden Ocean Group Limited (NASDAQ:GOGL)?
Sep 19Golden Ocean Group Has Potential For Long-Term Growth
Jul 22We Think Golden Ocean Group (NASDAQ:GOGL) Is Taking Some Risk With Its Debt
Jul 12Returns At Golden Ocean Group (NASDAQ:GOGL) Are On The Way Up
Jun 22Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues
May 21At US$14.86, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?
May 08Golden Ocean Group Stock: What A Strength - More To Come
Apr 27Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?
Apr 11Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields
Mar 22Is The Good News Priced In For Golden Ocean's Share Price?
Mar 05Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall
Feb 22Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues
Feb 04Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?
Jan 07Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)
Nov 15Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt
Oct 27At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?
Oct 05Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger
Jul 28Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?
Jul 13Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching
Jun 28Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 23These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Extensively
Apr 06What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?
Mar 21Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital
Feb 16These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Reasonably Well
Jan 01Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?
Dec 17We Like These Underlying Return On Capital Trends At Golden Ocean Group (NASDAQ:GOGL)
Nov 17Golden Ocean Should Remain Profitable Even With Decreased TCE Rates
Oct 17Golden Ocean Group - Buy The Pullback In This Leading Dry Bulk Shipper
Oct 06Is Golden Ocean Group (NASDAQ:GOGL) Using Too Much Debt?
Sep 22Golden Ocean Group: Eradicating COVID-19 From China Is About To Hurt
Sep 16Golden Ocean Group: Don't Fear This Pullback - It's Time To Be Brave And Buy More
Sep 09Is Golden Ocean Group Limited (NASDAQ:GOGL) Potentially Undervalued?
Sep 06Golden Ocean goes ex-dividend on Tuesday
Sep 02Golden Ocean Q2 2022 Earnings Preview
Aug 24Golden Ocean Group: Grab This Buying Opportunity Before Its Q2 Earnings
Aug 09Shareholder Returns
| GOGL | US Shipping | US Market | |
|---|---|---|---|
| 7D | -7.6% | -3.6% | 2.2% |
| 1Y | 21.9% | 46.3% | 31.7% |
Return vs Industry: GOGL underperformed the US Shipping industry which returned 49.3% over the past year.
Return vs Market: GOGL underperformed the US Market which returned 31.1% over the past year.
Price Volatility
| GOGL volatility | |
|---|---|
| GOGL Average Weekly Movement | 5.0% |
| Shipping Industry Average Movement | 4.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: GOGL has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GOGL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 38 | n/a | www.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
| GOGL fundamental statistics | |
|---|---|
| Market cap | US$2.24b |
| Earnings (TTM) | US$214.08m |
| Revenue (TTM) | US$972.69m |
10.4x
P/E Ratio2.3x
P/S RatioIs GOGL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GOGL income statement (TTM) | |
|---|---|
| Revenue | US$972.69m |
| Cost of Revenue | US$509.51m |
| Gross Profit | US$463.18m |
| Other Expenses | US$249.10m |
| Earnings | US$214.08m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 27, 2024
| Earnings per share (EPS) | 1.07 |
| Gross Margin | 47.62% |
| Net Profit Margin | 22.01% |
| Debt/Equity Ratio | 57.5% |
How did GOGL perform over the long term?
See historical performance and comparison