How to buy Genco Shipping-and-Trading stock | $17.54

Genco Shipping & Trading Limited is a marine shipping business based in the US. Genco Shipping-and-Trading shares (GNK) are listed on the NYSE and all prices are listed in US Dollars. Genco Shipping-and-Trading employs 960 staff and has a trailing 12-month revenue of around 0.00.

Genco Shipping-and-Trading stock price (NYSE: GNK)

Use our graph to track the performance of GNK stocks over time.

Genco Shipping-and-Trading shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$17.54
52-week range	$6.30 - $22.00
50-day moving average	$19.46
200-day moving average	$17.15
Wall St. target price	$26.21
PE ratio	N/A
Dividend yield	$0.19 (1.11%)
Earnings per share (TTM)	$-1.26

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Is it a good time to buy Genco Shipping-and-Trading stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Genco Shipping-and-Trading price performance over time

Historical closes compared with the close of $17.54 from 2021-10-22

1 week (2021-10-15)	2.21%
1 month (2021-09-24)	-7.68%
3 months (2021-07-23)	17.54
6 months (2021-04-23)	25.29%

1 year (2020-10-23)	130.79%
2 years (2019-10-23)	59.60%
3 years (2018-10-23)	48.77%
5 years (2016-10-21)	225.42%

Is Genco Shipping-and-Trading under- or over-valued?

Valuing Genco Shipping-and-Trading stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Genco Shipping-and-Trading's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Genco Shipping-and-Trading's EBITDA

Genco Shipping-and-Trading's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $117.2 million.

The EBITDA is a measure of a Genco Shipping-and-Trading's overall financial performance and is widely used to measure a its profitability.

Genco Shipping-and-Trading financials

Revenue TTM	$391.6 million
Operating margin TTM	16.33%
Gross profit TTM	$100.8 million
Return on assets TTM	3.15%
Return on equity TTM	-6.58%
Profit margin	-13.53%
Book value	$18.54
Market capitalisation	$719.3 million

TTM: trailing 12 months

Shorting Genco Shipping-and-Trading shares

There are currently 992,979 Genco Shipping-and-Trading shares held short by investors – that's known as Genco Shipping-and-Trading's "short interest". This figure is 0.3% down from 996,142 last month.

There are a few different ways that this level of interest in shorting Genco Shipping-and-Trading shares can be evaluated.

Genco Shipping-and-Trading's "short interest ratio" (SIR)

Genco Shipping-and-Trading's "short interest ratio" (SIR) is the quantity of Genco Shipping-and-Trading shares currently shorted divided by the average quantity of Genco Shipping-and-Trading shares traded daily (recently around 616757.14285714). Genco Shipping-and-Trading's SIR currently stands at 1.61. In other words for every 100,000 Genco Shipping-and-Trading shares traded daily on the market, roughly 1610 shares are currently held short.

However Genco Shipping-and-Trading's short interest can also be evaluated against the total number of Genco Shipping-and-Trading shares, or, against the total number of tradable Genco Shipping-and-Trading shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Genco Shipping-and-Trading's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Genco Shipping-and-Trading shares in existence, roughly 20 shares are currently held short) or 0.029% of the tradable shares (for every 100,000 tradable Genco Shipping-and-Trading shares, roughly 29 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Genco Shipping-and-Trading.

Find out more about how you can short Genco Shipping-and-Trading stock.

Genco Shipping-and-Trading share dividends

Dividend payout ratio: 17.92% of net profits

Recently Genco Shipping-and-Trading has paid out, on average, around 17.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Genco Shipping-and-Trading shareholders could enjoy a 2.33% return on their shares, in the form of dividend payments. In Genco Shipping-and-Trading's case, that would currently equate to about $0.19 per share.

While Genco Shipping-and-Trading's payout ratio might seem low, this can signify that Genco Shipping-and-Trading is investing more in its future growth.

Genco Shipping-and-Trading's most recent dividend payout was on 24 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 15 August 2021 (the "ex-dividend date").

Have Genco Shipping-and-Trading's shares ever split?

Genco Shipping-and-Trading's shares were split on a 1:10 basis on 7 July 2016. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Genco Shipping-and-Trading shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Genco Shipping-and-Trading shares which in turn could have impacted Genco Shipping-and-Trading's share price.

Genco Shipping-and-Trading share price volatility

Over the last 12 months, Genco Shipping-and-Trading's shares have ranged in value from as little as $6.3049 up to $22. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Genco Shipping-and-Trading's is 0.9847. This would suggest that Genco Shipping-and-Trading's shares are less volatile than average (for this exchange).

Genco Shipping-and-Trading overview

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, 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. As of February 24, 2021, the company fleet consisted of 17 Capesize, 9 Ultramax, and 15 Supramax with an aggregate capacity of approximately 4,421,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York. .

Frequently asked questions

What percentage of Genco Shipping-and-Trading is owned by insiders or institutions?
Currently 7.374% of Genco Shipping-and-Trading shares are held by insiders and 67.925% by institutions. How many people work for Genco Shipping-and-Trading?
Latest data suggests 960 work at Genco Shipping-and-Trading. When does the fiscal year end for Genco Shipping-and-Trading?
Genco Shipping-and-Trading's fiscal year ends in December. Where is Genco Shipping-and-Trading based?
Genco Shipping-and-Trading's address is: 299 Park Avenue, New York, NY, United States, 10171 What is Genco Shipping-and-Trading's ISIN number?
Genco Shipping-and-Trading's international securities identification number is: MHY2685T1313 What is Genco Shipping-and-Trading's CUSIP number?
Genco Shipping-and-Trading's Committee on Uniform Securities Identification Procedures number is: Y2685T107