Genco Shipping & Trading Limited (GNK)
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- symbol GNK
- Rev/Share 8.723
- Book/Share 20.9401
- PB 0.6319
- Debt/Equity 0.0987
- CurrentRatio 1.7883
- ROIC 24.2685
- MktCap 567494995.0
- FreeCF/Share 0.8911
- PFCF 14.7417
- PE 12.4934
- Debt/Assets 0.0859
- DivYield 0.0901
- ROE 0.0496
- Rating A
- Score 4
- Recommendation Buy
- P/E Score 4
- DCF Score 4
- P/B Score 5
- D/E Score 3
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Downgrade | GNK | Stifel | Buy | Hold | $26 | $17 | Oct. 23, 2024 |
News
Genco Shipping: Tailwinds Are Fading, Time To Hold Steady
Published: May 16, 2025 by: Seeking Alpha
Sentiment: Neutral
Genco Shipping & Trading faces challenges due to lower fleet utilization of larger vessels and rising operational costs, impacting profitability and cash flow volatility. The strong performance in FY2024 driven by Chinese demand and Suez Canal inefficiencies is unlikely to be sustained in FY2025, leading to potential revenue declines. Global trade uncertainties, tariffs, and rising fuel prices pose significant headwinds, making the shipping industry's outlook bleak and impacting Genco's financial stability.
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Genco Shipping's Variable Dividend Story Still Appealing - COVID Reset Is Here
Published: May 13, 2025 by: Seeking Alpha
Sentiment: Positive
GNK's new $50M share repurchase program highlights the management's confidence surrounding its future profitability, despite the normalizing TCE rates. Much of its tailwinds may be attributed to the longer ton-miles arising from the rerouted soybean trade, along with the low new order book and Red Sea diversion. With GNK already reporting a much healthier balance sheet and a relatively low break even rate, we are likely to see richer bottom-lines and variable dividend payouts from Q2'25 onwards.
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Genco Shipping & Trading Limited (GNK) Q1 2025 Earnings Call Transcript
Published: May 08, 2025 by: Seeking Alpha
Sentiment: Neutral
Genco Shipping & Trading Limited (NYSE:GNK ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Peter Allen - Chief Financial Officer John Wobensmith - Chief Executive Officer Michael Orr - Vice President of Finance Conference Call Participants Omar Nokta - Jefferies Liam Burke - B. Riley Securities, Inc. Poe Fratt - Alliance Global Partners Operator Good morning, ladies and gentlemen, and welcome to the Genco Shipping & Trading Limited First Quarter 2025 Earnings Conference Call and Presentation.
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Genco Shipping & Trading (GNK) Reports Q1 Loss, Tops Revenue Estimates
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Negative
Genco Shipping & Trading (GNK) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to earnings of $0.49 per share a year ago.
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Analysts Estimate Genco Shipping & Trading (GNK) to Report a Decline in Earnings: What to Look Out for
Published: April 30, 2025 by: Zacks Investment Research
Sentiment: Negative
Genco Shipping (GNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Genco Shipping & Trading Limited (GNK) Q4 2024 Earnings Call Transcript
Published: February 20, 2025 by: Seeking Alpha
Sentiment: Neutral
Genco Shipping & Trading Limited (NYSE:GNK ) Q4 2024 Earnings Call February 20, 2025 8:30 AM ET Company Participants Peter Allen - Chief Financial Officer John Wobensmith - Chief Executive Officer Michael Orr - Assistant Vice President, Finance Conference Call Participants Omar Nokta - Jefferies Chris Robertson - Deutsche Bank Sherif Elmaghrabi - BTIG Poe Fratt - Alliance Global Partners Operator Good morning, ladies and gentlemen and welcome to the Genco Shipping & Trading Limited Fourth Quarter 2024 Earnings Conference Call and Presentation. Before we begin, please note that there will be a slide presentation accompanying today's conference call.
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Genco Shipping & Trading (GNK) Surpasses Q4 Earnings and Revenue Estimates
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Positive
Genco Shipping & Trading (GNK) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.43 per share a year ago.
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About Genco Shipping & Trading Limited (GNK)
- IPO Date 2014-07-15
- Website https://www.gencoshipping.com
- Industry Marine Shipping
- CEO Mr. John C. Wobensmith C.F.A.
- Employees 1037