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GNK

Genco Shipping & Trading NYSE:GNK Stock Report

Last Price

US$14.48

Market Cap

US$612.9m

7D

-1.0%

1Y

-9.3%

Updated

06 Dec, 2022

Data

Company Financials +
GNK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends4/6

GNK Stock Overview

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide.

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$14.48
52 Week HighUS$27.15
52 Week LowUS$11.92
Beta1.05
1 Month Change-2.23%
3 Month Change9.12%
1 Year Change-9.27%
3 Year Change38.70%
5 Year Change7.18%
Change since IPO-93.19%

Recent News & Updates

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

Recent updates

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

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

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

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

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

Apr 28
Does Genco Shipping & Trading (NYSE:GNK) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At Genco Shipping & Trading (NYSE:GNK)

Apr 09
Returns On Capital Are Showing Encouraging Signs At Genco Shipping & Trading (NYSE:GNK)

Why Genco Shipping & Trading Limited (NYSE:GNK) Could Be Worth Watching

Jan 30
Why Genco Shipping & Trading Limited (NYSE:GNK) Could Be Worth Watching

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

Sep 21
Genco Shipping & Trading (NYSE:GNK) Is Experiencing Growth In Returns On Capital

Analysts Just Made A Neat Upgrade To Their Genco Shipping & Trading Limited (NYSE:GNK) Forecasts

Aug 07
Analysts Just Made A Neat Upgrade To Their Genco Shipping & Trading Limited (NYSE:GNK) Forecasts

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

Jul 18
Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt?

Here's Why It's Unlikely That Genco Shipping & Trading Limited's (NYSE:GNK) CEO Will See A Pay Rise This Year

May 06
Here's Why It's Unlikely That Genco Shipping & Trading Limited's (NYSE:GNK) CEO Will See A Pay Rise This Year

Analysts Just Published A Bright New Outlook For Genco Shipping & Trading Limited's (NYSE:GNK)

Apr 24
Analysts Just Published A Bright New Outlook For Genco Shipping & Trading Limited's (NYSE:GNK)

There's Been No Shortage Of Growth Recently For Genco Shipping & Trading's (NYSE:GNK) Returns On Capital

Apr 15
There's Been No Shortage Of Growth Recently For Genco Shipping & Trading's (NYSE:GNK) Returns On Capital

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

Mar 28
Does Genco Shipping & Trading (NYSE:GNK) Have A Healthy Balance Sheet?

What You Need To Know About Genco Shipping & Trading Limited's (NYSE:GNK) Investor Composition

Mar 10
What You Need To Know About Genco Shipping & Trading Limited's (NYSE:GNK) Investor Composition

Loss-Making Genco Shipping & Trading Limited (NYSE:GNK) Set To Breakeven

Feb 18
Loss-Making Genco Shipping & Trading Limited (NYSE:GNK) Set To Breakeven

How Much Did Genco Shipping & Trading's(NYSE:GNK) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 31
How Much Did Genco Shipping & Trading's(NYSE:GNK) Shareholders Earn From Share Price Movements Over The Last Three Years?

Is Genco Shipping & Trading Limited (NYSE:GNK) A Strong Dividend Stock?

Jan 13
Is Genco Shipping & Trading Limited (NYSE:GNK) A Strong Dividend Stock?

How Does Genco Shipping & Trading's (NYSE:GNK) CEO Pay Compare With Company Performance?

Dec 26
How Does Genco Shipping & Trading's (NYSE:GNK) CEO Pay Compare With Company Performance?

Genco Shipping & Trading (NYSE:GNK) Has No Shortage Of Debt

Dec 11
Genco Shipping & Trading (NYSE:GNK) Has No Shortage Of Debt

Is There More Growth In Store For Genco Shipping & Trading's (NYSE:GNK) Returns On Capital?

Nov 26
Is There More Growth In Store For Genco Shipping & Trading's (NYSE:GNK) Returns On Capital?

Shareholder Returns

GNKUS ShippingUS Market
7D-1.0%-3.1%-0.4%
1Y-9.3%-27.3%-20.6%

Return vs Industry: GNK exceeded the US Shipping industry which returned -24.4% over the past year.

Return vs Market: GNK exceeded the US Market which returned -17.6% over the past year.

Price Volatility

Is GNK's price volatile compared to industry and market?
GNK volatility
GNK Average Weekly Movement7.3%
Shipping Industry Average Movement7.3%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: GNK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GNK's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,027John Wobensmithhttps://www.gencoshipping.com

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk 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$612.90m
Earnings (TTM)US$220.75m
Revenue (TTM)US$593.24m

2.8x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GNK income statement (TTM)
RevenueUS$593.24m
Cost of RevenueUS$281.66m
Gross ProfitUS$311.58m
Other ExpensesUS$90.83m
EarningsUS$220.75m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.22
Gross Margin52.52%
Net Profit Margin37.21%
Debt/Equity Ratio17.8%

How did GNK perform over the long term?

See historical performance and comparison

Dividends

21.8%

Current Dividend Yield

52%

Payout Ratio