GNK Stock Overview
Engages in the ocean transportation of drybulk cargoes worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
WA
Based on Analyst Price Targets
Dividend Strategy And Fleet Renewal Propel Shipping Innovator Towards Market Leadership
US$25.31
FV
29.0% undervalued intrinsic discount-14.93%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
2 days agoauthor updated this narrative
Genco Shipping & Trading Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.97 |
| 52 Week High | US$23.43 |
| 52 Week Low | US$12.65 |
| Beta | 0.94 |
| 11 Month Change | 3.63% |
| 3 Month Change | -14.59% |
| 1 Year Change | 33.31% |
| 33 Year Change | -5.42% |
| 5 Year Change | 91.99% |
| Change since IPO | -91.54% |
Recent News & Updates
Recent updates
Genco's Unique Dividend Structure May Hold Promise For Income Investors
Sep 10Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt?
Jul 11
Genco Shipping: Disciplined Strategy, Good Dividend Investment
Jun 21Genco Shipping & Trading Limited (NYSE:GNK) Investors Are Less Pessimistic Than Expected
Jun 15Genco Shipping & Trading's (NYSE:GNK) Upcoming Dividend Will Be Larger Than Last Year's
May 12Genco Shipping: FQ4'23 Dividends May Disappoint - You May Have Missed The Boat
Jan 27Genco Shipping & Trading Limited's (NYSE:GNK) Shareholders Might Be Looking For Exit
Jan 25Genco Shipping: A Quality Company With Excellent Financials And Attractive Dividend Yields
Jan 09Returns At Genco Shipping & Trading (NYSE:GNK) Are On The Way Up
Dec 08Genco Shipping: A Fine Hold, No Need To Rush
Dec 07Genco Shipping Is Still A Great Value Play
Oct 11Genco Shipping: Fuel Risks Are Still Outweighed By The Management's Competence
Oct 04Genco Shipping: Some Risk But Great Potential
Aug 18Analysts Have Just Cut Their Genco Shipping & Trading Limited (NYSE:GNK) Revenue Estimates By 11%
Aug 07Genco Shipping: Yield Of 13% And Improving Prospects
Jun 12Genco Shipping: Dividends Likely To Stay Strong Despite Challenging Market
May 31Is There Now An Opportunity In Genco Shipping & Trading Limited (NYSE:GNK)?
May 03Genco Shipping & Trading (NYSE:GNK) Is Experiencing Growth In Returns On Capital
Apr 14Genco Shipping: Dividend Play With Upside Potential
Feb 21Genco Shipping: Pause The Optimism Here - Potential Volatility Ahead
Feb 15We Think Genco Shipping & Trading (NYSE:GNK) Can Manage Its Debt With Ease
Jan 21Is Now The Time To Look At Buying Genco Shipping & Trading Limited (NYSE:GNK)?
Dec 26Genco Shipping: 18% Yield, Low Debt, Low Breakeven
Dec 09Genco Shipping: Still A Buy Despite The 33% Recovery - Yields Above 4Y Average
Nov 16Genco Shipping: Potential 44.5% Annualized Return
Oct 18Here's Why Genco Shipping & Trading (NYSE:GNK) Can Manage Its Debt Responsibly
Sep 28Genco Shipping: The Dividend Yields Could Move Much Higher - It's Time To Board
Sep 14Genco Shipping Stock: Why You Should Get On Board At Current Levels
Aug 31Investors Should Be Encouraged By Genco Shipping & Trading's (NYSE:GNK) Returns On Capital
Aug 31Genco Shipping: 11% Yield, Low Debt, Higher Dividends Ahead
Aug 12Genco Shipping slides after second quarter earnings, TCE outlook
Aug 04Genco Shipping: New Dividend Policy In Full Swing (Podcast Transcript)
Jul 26Shareholder Returns
| GNK | US Shipping | US Market | |
|---|---|---|---|
| 7D | 4.2% | 6.5% | 2.6% |
| 1Y | 33.3% | 49.2% | 30.5% |
Return vs Industry: GNK underperformed the US Shipping industry which returned 49.2% over the past year.
Return vs Market: GNK exceeded the US Market which returned 30.5% over the past year.
Price Volatility
| GNK volatility | |
|---|---|
| GNK Average Weekly Movement | 3.8% |
| Shipping Industry Average Movement | 4.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 1,105 | John Wobensmith | www.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
| GNK fundamental statistics | |
|---|---|
| Market cap | US$776.91m |
| Earnings (TTM) | US$15.20m |
| Revenue (TTM) | US$423.36m |
50.6x
P/E Ratio1.8x
P/S RatioIs GNK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GNK income statement (TTM) | |
|---|---|
| Revenue | US$423.36m |
| Cost of Revenue | US$257.60m |
| Gross Profit | US$165.76m |
| Other Expenses | US$150.56m |
| Earnings | US$15.20m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.36 |
| Gross Margin | 39.15% |
| Net Profit Margin | 3.59% |
| Debt/Equity Ratio | 10.4% |
How did GNK perform over the long term?
See historical performance and comparison