Golden Ocean Group Limited

NasdaqGS:GOGL Stock Report

Market Cap: US$2.6b

Golden Ocean Group Future Growth

Future criteria checks 3/6

Golden Ocean Group's revenue is forecast to decline at 1.2% per annum while its annual earnings are expected to grow at 29.7% per year. EPS is expected to grow by 31% per annum. Return on equity is forecast to be 16.8% in 3 years.

Key information

29.7%

Earnings growth rate

31.0%

EPS growth rate

Shipping earnings growth19.1%
Revenue growth rate-1.2%
Future return on equity16.8%
Analyst coverage

Good

Last updated07 Mar 2024

Recent future growth updates

Recent updates

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

Golden Ocean Group: Abandon Ship, The Best Days Are Over

Jul 10

Shipping Is Always Volatile - Golden Ocean CEO Ulrik Anderson

Jun 28

Is It Too Late To Consider Buying Golden Ocean Group Limited (NASDAQ:GOGL)?

Jun 08
Is It Too Late To Consider Buying Golden Ocean Group Limited (NASDAQ:GOGL)?

Golden Ocean Vs. Star Bulk Carriers: Latter Is Still A Better Buy

Jun 07

New Forecasts: Here's What Analysts Think The Future Holds For Golden Ocean Group Limited (NASDAQ:GOGL)

May 21
New Forecasts: Here's What Analysts Think The Future Holds For Golden Ocean Group Limited (NASDAQ:GOGL)

3 Best Shipping Stocks To Buy Amid The Global Shipping Crisis

May 18

Golden Ocean: It Does Look Like Stars Are Aligning

May 03

Golden Ocean: Still A Long Way To Go Before It Reaches The Top

Apr 27

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

Apr 09
Golden Ocean Group (NASDAQ:GOGL) Is Experiencing Growth In Returns On Capital

Is Golden Ocean Group (NASDAQ:GOGL) A Risky Investment?

Mar 22
Is Golden Ocean Group (NASDAQ:GOGL) A Risky Investment?

Earnings and Revenue Growth Forecasts

NasdaqGS:GOGL - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20268583413994164
12/31/20258023153794216
12/31/20247592783134135
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
3/31/201852832-81118N/A
12/31/2017464-2-6694N/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 (29.7% per year) is above the savings rate (2.3%).

Earnings vs Market: GOGL's earnings (29.7% per year) are forecast to grow faster than the US market (13.5% per year).

High Growth Earnings: GOGL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GOGL's revenue is expected to decline over the next 3 years (-1.2% per year).

High Growth Revenue: GOGL's revenue is forecast to decline over the next 3 years (-1.2% 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 (16.8%).


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