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 | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
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US$15.01
FV
33.7% undervalued intrinsic discount-8.85%
Revenue growth p.a.
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Golden Ocean Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.95 |
| 52 Week High | US$15.77 |
| 52 Week Low | US$8.42 |
| Beta | 1.2 |
| 11 Month Change | -7.53% |
| 3 Month Change | -14.15% |
| 1 Year Change | 12.56% |
| 33 Year Change | 1.32% |
| 5 Year Change | 75.49% |
| Change since IPO | -53.07% |
Recent News & Updates
Golden Ocean Group: The Drop In Stock Price May Offer An Opportunity
Nov 29There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital
Nov 19
Recent updates
Golden Ocean Group: The Drop In Stock Price May Offer An Opportunity
Nov 29There'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 02Shareholder Returns
| GOGL | US Shipping | US Market | |
|---|---|---|---|
| 7D | -8.4% | -4.8% | 0.7% |
| 1Y | 12.6% | 33.3% | 32.2% |
Return vs Industry: GOGL underperformed the US Shipping industry which returned 33.3% over the past year.
Return vs Market: GOGL underperformed the US Market which returned 32.2% over the past year.
Price Volatility
| GOGL volatility | |
|---|---|
| GOGL Average Weekly Movement | 5.1% |
| Shipping Industry Average Movement | 4.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.4% |
| 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$1.97b |
| Earnings (TTM) | US$241.68m |
| Revenue (TTM) | US$1.01b |
8.2x
P/E Ratio2.0x
P/S RatioIs GOGL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GOGL 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 GOGL perform over the long term?
See historical performance and comparisonDividends
12.1%
Current Dividend Yield98%
Payout RatioDoes GOGL pay a reliable dividends?
See GOGL dividend history and benchmarks| Golden Ocean Group dividend dates | |
|---|---|
| Ex Dividend Date | Dec 09 2024 |
| Dividend Pay Date | Dec 18 2024 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 14 days |
Does GOGL pay a reliable dividends?
See GOGL dividend history and benchmarks