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Genco Shipping & Trading NYSE:GNK Stock Report

Last Price

US$20.93

Market Cap

US$890.9m

7D

-0.7%

1Y

54.6%

Updated

12 Jul, 2024

Data

Company Financials +

Genco Shipping & Trading Limited

NYSE:GNK Stock Report

Market Cap: US$890.9m

Genco Shipping & Trading Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Genco Shipping & Trading
Historical stock prices
Current Share PriceUS$20.93
52 Week HighUS$23.43
52 Week LowUS$12.65
Beta0.94
11 Month Change-1.88%
3 Month Change1.85%
1 Year Change54.58%
33 Year Change29.68%
5 Year Change101.06%
Change since IPO-90.15%

Recent News & Updates

Recent updates

Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt?

Jul 11
Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt?

Genco Shipping: Disciplined Strategy, Good Dividend Investment

Jun 21

Genco Shipping & Trading Limited (NYSE:GNK) Investors Are Less Pessimistic Than Expected

Jun 15
Genco Shipping & Trading Limited (NYSE:GNK) Investors Are Less Pessimistic Than Expected

Genco Shipping & Trading's (NYSE:GNK) Upcoming Dividend Will Be Larger Than Last Year's

May 12
Genco Shipping & Trading's (NYSE:GNK) Upcoming Dividend Will Be Larger Than Last Year's

Genco Shipping: FQ4'23 Dividends May Disappoint - You May Have Missed The Boat

Jan 27

Genco Shipping & Trading Limited's (NYSE:GNK) Shareholders Might Be Looking For Exit

Jan 25
Genco Shipping & Trading Limited's (NYSE:GNK) Shareholders Might Be Looking For Exit

Genco Shipping: A Quality Company With Excellent Financials And Attractive Dividend Yields

Jan 09

Returns At Genco Shipping & Trading (NYSE:GNK) Are On The Way Up

Dec 08
Returns At Genco Shipping & Trading (NYSE:GNK) Are On The Way Up

Genco Shipping: A Fine Hold, No Need To Rush

Dec 07

Genco Shipping Is Still A Great Value Play

Oct 11

Genco Shipping: Fuel Risks Are Still Outweighed By The Management's Competence

Oct 04

Genco Shipping: Some Risk But Great Potential

Aug 18

Analysts Have Just Cut Their Genco Shipping & Trading Limited (NYSE:GNK) Revenue Estimates By 11%

Aug 07
Analysts Have Just Cut Their Genco Shipping & Trading Limited (NYSE:GNK) Revenue Estimates By 11%

Genco Shipping: Yield Of 13% And Improving Prospects

Jun 12

Genco Shipping: Dividends Likely To Stay Strong Despite Challenging Market

May 31

Is There Now An Opportunity In Genco Shipping & Trading Limited (NYSE:GNK)?

May 03
Is There Now An Opportunity In Genco Shipping & Trading Limited (NYSE:GNK)?

Genco Shipping & Trading (NYSE:GNK) Is Experiencing Growth In Returns On Capital

Apr 14
Genco Shipping & Trading (NYSE:GNK) Is Experiencing Growth In Returns On Capital

Genco Shipping: Dividend Play With Upside Potential

Feb 21

Genco Shipping: Pause The Optimism Here - Potential Volatility Ahead

Feb 15

We Think Genco Shipping & Trading (NYSE:GNK) Can Manage Its Debt With Ease

Jan 21
We Think Genco Shipping & Trading (NYSE:GNK) Can Manage Its Debt With Ease

Is Now The Time To Look At Buying Genco Shipping & Trading Limited (NYSE:GNK)?

Dec 26
Is Now The Time To Look At Buying Genco Shipping & Trading Limited (NYSE:GNK)?

Genco Shipping: 18% Yield, Low Debt, Low Breakeven

Dec 09

Genco Shipping: Still A Buy Despite The 33% Recovery - Yields Above 4Y Average

Nov 16

Genco Shipping: Potential 44.5% Annualized Return

Oct 18

Here's Why Genco Shipping & Trading (NYSE:GNK) Can Manage Its Debt Responsibly

Sep 28
Here's Why Genco Shipping & Trading (NYSE:GNK) Can Manage Its Debt Responsibly

Genco Shipping: The Dividend Yields Could Move Much Higher - It's Time To Board

Sep 14

Genco Shipping Stock: Why You Should Get On Board At Current Levels

Aug 31

Investors Should Be Encouraged By Genco Shipping & Trading's (NYSE:GNK) Returns On Capital

Aug 31
Investors Should Be Encouraged By Genco Shipping & Trading's (NYSE:GNK) Returns On Capital

Genco Shipping: 11% Yield, Low Debt, Higher Dividends Ahead

Aug 12

Genco Shipping slides after second quarter earnings, TCE outlook

Aug 04

Genco Shipping: New Dividend Policy In Full Swing (Podcast Transcript)

Jul 26

Is Genco Shipping & Trading Limited (NYSE:GNK) Potentially Undervalued?

Jul 05
Is Genco Shipping & Trading Limited (NYSE:GNK) Potentially Undervalued?

Genco: Solid Dividends And Balance Sheet

Jun 26

Genco Shipping: 12% Yield, Low Debt, Very Strong Earnings

Jun 05

Shareholder Returns

GNKUS ShippingUS Market
7D-0.7%-3.7%1.2%
1Y54.6%50.1%22.3%

Return vs Industry: GNK exceeded the US Shipping industry which returned 49.6% over the past year.

Return vs Market: GNK exceeded the US Market which returned 21.7% over the past year.

Price Volatility

Is GNK's price volatile compared to industry and market?
GNK volatility
GNK Average Weekly Movement3.6%
Shipping Industry Average Movement4.8%
Market Average Movement5.8%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.8%

Stable Share Price: GNK has not had significant price volatility in the past 3 months.

Volatility Over Time: GNK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,105John Wobensmithwww.gencoshipping.com

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. The company owns and operates dry bulk vessels to transports iron ore, grains, coal, steel products, and other drybulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities.

Genco Shipping & Trading Limited Fundamentals Summary

How do Genco Shipping & Trading's earnings and revenue compare to its market cap?
GNK fundamental statistics
Market capUS$890.95m
Earnings (TTM)US$3.29m
Revenue (TTM)US$406.87m

271.6x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GNK income statement (TTM)
RevenueUS$406.87m
Cost of RevenueUS$250.35m
Gross ProfitUS$156.52m
Other ExpensesUS$153.23m
EarningsUS$3.29m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.077
Gross Margin38.47%
Net Profit Margin0.81%
Debt/Equity Ratio17.5%

How did GNK perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

1,470%

Payout Ratio
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