Golden Ocean Group Limited

NasdaqGS:GOGL Stock Report

Market Cap: US$2.3b

Golden Ocean Group Future Growth

Future criteria checks 1/6

Golden Ocean Group's revenue is forecast to decline at 7.9% per annum while its annual earnings are expected to grow at 14.2% per year. EPS is expected to grow by 14.9% per annum. Return on equity is forecast to be 17.1% in 3 years.

Key information

14.2%

Earnings growth rate

14.9%

EPS growth rate

Shipping earnings growth9.0%
Revenue growth rate-7.9%
Future return on equity17.1%
Analyst coverage

Low

Last updated05 Nov 2024

Recent future growth updates

Recent updates

Golden Ocean Is Picking Up A Tailwind

Nov 02

Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks

Oct 17
Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks

Golden Ocean Group: Top Spec Fleet And Attractive Shareholder Returns

Oct 15

Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business

Oct 04

When Should You Buy Golden Ocean Group Limited (NASDAQ:GOGL)?

Sep 19
When Should You Buy Golden Ocean Group Limited (NASDAQ:GOGL)?

Golden Ocean Group Has Potential For Long-Term Growth

Jul 22

We Think Golden Ocean Group (NASDAQ:GOGL) Is Taking Some Risk With Its Debt

Jul 12
We Think Golden Ocean Group (NASDAQ:GOGL) Is Taking Some Risk With Its Debt

Returns At Golden Ocean Group (NASDAQ:GOGL) Are On The Way Up

Jun 22
Returns At Golden Ocean Group (NASDAQ:GOGL) Are On The Way Up

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

May 21
Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

At US$14.86, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

May 08
At US$14.86, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

Golden Ocean Group Stock: What A Strength - More To Come

Apr 27

Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Apr 11
Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields

Mar 22

Is The Good News Priced In For Golden Ocean's Share Price?

Mar 05

Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall

Feb 22
Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

Feb 04
Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?

Jan 07
Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?

Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)

Nov 15
Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)

Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt

Oct 27
Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt

At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

Oct 05
At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger

Jul 28
Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger

Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Jul 13
Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching

Jun 28
Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching

Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate

May 23
Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Extensively

Apr 06
These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Extensively

What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?

Mar 21
What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?

Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital

Feb 16
Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital

These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Reasonably Well

Jan 01
These 4 Measures Indicate That Golden Ocean Group (NASDAQ:GOGL) Is Using Debt Reasonably Well

Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?

Dec 17
Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?

We Like These Underlying Return On Capital Trends At Golden Ocean Group (NASDAQ:GOGL)

Nov 17
We Like These Underlying Return On Capital Trends At Golden Ocean Group (NASDAQ:GOGL)

Golden Ocean Should Remain Profitable Even With Decreased TCE Rates

Oct 17

Golden Ocean Group - Buy The Pullback In This Leading Dry Bulk Shipper

Oct 06

Is Golden Ocean Group (NASDAQ:GOGL) Using Too Much Debt?

Sep 22
Is Golden Ocean Group (NASDAQ:GOGL) Using Too Much Debt?

Golden Ocean Group: Eradicating COVID-19 From China Is About To Hurt

Sep 16

Golden Ocean Group: Don't Fear This Pullback - It's Time To Be Brave And Buy More

Sep 09

Is Golden Ocean Group Limited (NASDAQ:GOGL) Potentially Undervalued?

Sep 06
Is Golden Ocean Group Limited (NASDAQ:GOGL) Potentially Undervalued?

Golden Ocean goes ex-dividend on Tuesday

Sep 02

Golden Ocean Q2 2022 Earnings Preview

Aug 24

Golden Ocean Group: Grab This Buying Opportunity Before Its Q2 Earnings

Aug 09

2 High-Yield Dividend Monsters To Strike Down Stagflation

Jul 20

Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital

Jul 15
Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital

Earnings and Revenue Growth Forecasts

NasdaqGS:GOGL - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20268023214334603
12/31/20257693053513975
12/31/20247992763584264
6/30/2024973214174337N/A
3/31/2024936186-60306N/A
12/31/2023886112-211266N/A
9/30/2023881123-196295N/A
6/30/2023942199-66346N/A
3/31/20231,045328257456N/A
12/31/20221,113462442503N/A
9/30/20221,239597517597N/A
6/30/20221,345688643699N/A
3/31/20221,307629340677N/A
12/31/20211,201527115560N/A
9/30/20219943495413N/A
6/30/2021792193-137270N/A
3/31/20216284734152N/A
12/31/2020611-138115141N/A
9/30/2020683-122106153N/A
6/30/2020716-12482141N/A
3/31/2020719-11669129N/A
12/31/201970537114158N/A
9/30/201964220111135N/A
6/30/201961218139153N/A
3/31/201963860176183N/A
12/31/20186598528187N/A
9/30/20186338821182N/A
6/30/201857153-45145N/A
3/31/201852832N/A118N/A
12/31/2017464-2N/A94N/A
9/30/2017399-23N/A56N/A
6/30/2017342-50N/A24N/A
3/31/2017297-77N/A3N/A
12/31/2016258-128N/A-23N/A
9/30/2016228-203N/A-47N/A
6/30/2016223-217N/A-40N/A
3/31/2016217-212N/A-30N/A
12/31/2015190-221N/A-15N/A
9/30/2015149-146N/A-6N/A
6/30/2015103-112N/A-2N/A
3/31/201574-72N/A4N/A
12/31/20147616N/A25N/A
12/31/2013384N/A12N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GOGL's forecast earnings growth (14.2% per year) is above the savings rate (2.6%).

Earnings vs Market: GOGL's earnings (14.2% per year) are forecast to grow slower than the US market (15.4% per year).

High Growth Earnings: GOGL's earnings are forecast to grow, but not significantly.

Revenue vs Market: GOGL's revenue is expected to decline over the next 3 years (-7.9% per year).

High Growth Revenue: GOGL's revenue is forecast to decline over the next 3 years (-7.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GOGL's Return on Equity is forecast to be low in 3 years time (17.1%).


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