Genco Shipping & Trading Limited

NYSE:GNK Stock Report

Market Cap: US$629.8m

Genco Shipping & Trading Past Earnings Performance

Past criteria checks 5/6

Genco Shipping & Trading has been growing earnings at an average annual rate of 40.5%, while the Shipping industry saw earnings growing at 40.5% annually. Revenues have been growing at an average rate of 3.3% per year. Genco Shipping & Trading's return on equity is 7.4%, and it has net margins of 15.6%.

Key information

40.5%

Earnings growth rate

40.5%

EPS growth rate

Shipping Industry Growth51.9%
Revenue growth rate3.3%
Return on equity7.4%
Net Margin15.6%
Next Earnings Update19 Feb 2025

Recent past performance updates

Recent updates

Genco Shipping: Buy The Pullback For Richer Dividend Yields

Jan 11

A Dividend Anchor In A Sea Of Volatility: Genco Shipping's Steadfast Strategy

Jan 03

Is It Too Late To Consider Buying Genco Shipping & Trading Limited (NYSE:GNK)?

Dec 02
Is It Too Late To Consider Buying Genco Shipping & Trading Limited (NYSE:GNK)?

Genco Shipping & Trading (NYSE:GNK) Is Paying Out A Larger Dividend Than Last Year

Nov 10
Genco Shipping & Trading (NYSE:GNK) Is Paying Out A Larger Dividend Than Last Year

Does Genco Shipping & Trading (NYSE:GNK) Have A Healthy Balance Sheet?

Oct 25
Does Genco Shipping & Trading (NYSE:GNK) Have A Healthy Balance Sheet?

Genco Shipping: A Great Platform To Weather Market Uncertainty

Oct 10

Risks To Shareholder Returns Are Elevated At These Prices For Genco Shipping & Trading Limited (NYSE:GNK)

Oct 10
Risks To Shareholder Returns Are Elevated At These Prices For Genco Shipping & Trading Limited (NYSE:GNK)

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

Sep 25
Genco Shipping & Trading (NYSE:GNK) Is Experiencing Growth In Returns On Capital

Genco's Unique Dividend Structure May Hold Promise For Income Investors

Sep 10

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

Revenue & Expenses Breakdown

How Genco Shipping & Trading makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:GNK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2443969320
30 Jun 2442315320
31 Mar 244073320
31 Dec 23384-13320
30 Sep 2339511330
30 Jun 2344884320
31 Mar 23495120310
31 Dec 22537159290
30 Sep 22593221290
30 Jun 22613237290
31 Mar 22596222290
31 Dec 21547182300
30 Sep 2145925290
30 Jun 21392-53280
31 Mar 21345-103280
31 Dec 20356-226280
30 Sep 20369-159300
30 Jun 20385-152310
31 Mar 20394-169310
31 Dec 19389-56320
30 Sep 19393-39320
30 Jun 19381-18310
31 Mar 1938415320
31 Dec 18368-33310
30 Sep 18330-49300
30 Jun 18289-86310
31 Mar 18248-99300
31 Dec 17210-59300
30 Sep 17179-86400
30 Jun 17166-83420
31 Mar 17153-179480
31 Dec 16136-218540
30 Sep 16127-242330
30 Jun 16138-281560
31 Mar 16140-211630
31 Dec 15154-195700
30 Sep 15175-309950
30 Jun 15174-1,113840
31 Mar 15191-1,133730
31 Dec 14221-1,133680
30 Sep 14247-989560
30 Jun 14258-154430
31 Mar 14251-139410

Quality Earnings: GNK has high quality earnings.

Growing Profit Margin: GNK's current net profit margins (15.6%) are higher than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GNK has become profitable over the past 5 years, growing earnings by 40.5% per year.

Accelerating Growth: GNK's earnings growth over the past year (531.7%) exceeds its 5-year average (40.5% per year).

Earnings vs Industry: GNK earnings growth over the past year (531.7%) exceeded the Shipping industry 27.4%.


Return on Equity

High ROE: GNK's Return on Equity (7.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 05:23
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Genco Shipping & Trading Limited is covered by 29 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Charles FrattAlliance Global Partners
Martin JaerArctic Securities ASA
Liam BurkeB. Riley Securities, Inc.