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How to buy Genco Shipping-and-Trading stock

Learn how to easily invest in Genco Shipping-and-Trading stock.

Genco Shipping & Trading Ltd 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 1,027 staff and has a trailing 12-month revenue of around $612.5 million.

How to buy shares in Genco Shipping-and-Trading

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GNK – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

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

Information last updated 2022-10-02.
Latest market close$13.68
52-week range$11.92 - $26.38
50-day moving average $15.47
200-day moving average $18.71
Wall St. target price$25.68
PE ratio 2.2617
Dividend yield $2.11 (15.96%)
Earnings per share (TTM) $5.54

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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 $13.68 from 2022-10-05

1 week (2022-09-29) 12.87%
1 month (2022-09-06) -0.29%
3 months (2022-07-06) -17.14%
6 months (2022-04-06) -36.01%
1 year (2021-10-06) -30.73%
2 years (2020-10-06) 75.61%
3 years (2019-10-04) 45.22%
5 years (2017-10-06) 13.62%

Is Genco Shipping-and-Trading stock undervalued or overvalued?

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 P/E ratio

Genco Shipping-and-Trading's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Genco Shipping-and-Trading shares trade at around 2x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Genco Shipping-and-Trading's EBITDA

Genco Shipping-and-Trading's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $292.5 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 $612.5 million
Operating margin TTM 39.87%
Gross profit TTM $282.5 million
Return on assets TTM 12.89%
Return on equity TTM 27.49%
Profit margin 38.7%
Book value $22.47
Market capitalisation $529.8 million

TTM: trailing 12 months

Genco Shipping-and-Trading share dividends

38%

Dividend payout ratio: 38.36% of net profits

Recently Genco Shipping-and-Trading has paid out, on average, around 38.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 15.96% 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 15.96% return on their shares, in the form of dividend payments. In Genco Shipping-and-Trading's case, that would currently equate to about $2.11 per share.

While Genco Shipping-and-Trading's payout ratio might seem fairly standard, it's worth remembering that Genco Shipping-and-Trading may be investing much of the rest of its net profits in future growth.

Genco Shipping-and-Trading's most recent dividend payout was on 23 August 2022. The latest dividend was paid out to all shareholders who bought their shares by 15 August 2022 (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 8 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 $11.92 up to $26.3805. A popular way to gauge a stock's volatility is its "beta".

GNK.US volatility(beta: 1.02)Avg. volatility(beta: 1.00)LowHigh

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 1.0216. This would suggest that Genco Shipping-and-Trading's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

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 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. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 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 1.223% of Genco Shipping-and-Trading shares are held by insiders and 71.238% by institutions.
How many people work for Genco Shipping-and-Trading?
Latest data suggests 1,027 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

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