Genco Shipping & Trading is a marine shipping business based in the US. Genco Shipping & Trading shares (GNK) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $16.97 – a decrease of 4.88% over the previous week. Genco Shipping & Trading employs 1,105 staff and has a trailing 12-month revenue of around $423.4 million.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
| Latest market close | $16.97 |
|---|---|
| 52-week range | $11.81 - $22.67 |
| 50-day moving average | $17.74 |
| 200-day moving average | $19.47 |
| Wall St. target price | $24.73 |
| PE ratio | 49.9706 |
| Dividend yield | $1.32 (7.88%) |
| Earnings per share (TTM) | $0.34 |
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.
Historical closes compared with the close of $16.97 from 2024-10-18
| 1 week (2024-10-11) | -4.88% |
|---|---|
| 1 month (2024-09-20) | -5.56% |
| 3 months (2024-07-19) | -16.16% |
| 6 months (2024-04-19) | -17.42% |
| 1 year (2023-10-20) | 19.51% |
|---|---|
| 2 years (2022-10-20) | 25.80% |
| 3 years (2021-10-20) | 18.13 |
| 5 years (2019-10-18) | 85.55% |
Valuing Genco Shipping & Trading stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Genco Shipping & Trading's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Genco Shipping & 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 50x. In other words, Genco Shipping & Trading shares trade at around 50x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Genco Shipping & Trading's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $115 million.
The EBITDA is a measure of a Genco Shipping & Trading's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $423.4 million |
|---|---|
| Operating margin TTM | 17.51% |
| Gross profit TTM | $256.4 million |
| Return on assets TTM | 3.43% |
| Return on equity TTM | 1.67% |
| Profit margin | 3.59% |
| Book value | $21.56 |
| Market Capitalization | $726.5 million |
TTM: trailing 12 months
Dividend payout ratio: 102.33% of net profits
Recently Genco Shipping & Trading has paid out, on average, around 102.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.88% 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 & Trading shareholders could enjoy a 7.88% return on their shares, in the form of dividend payments. In Genco Shipping & Trading's case, that would currently equate to about $1.32 per share.
Genco Shipping & Trading's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Genco Shipping & Trading's most recent dividend payout was on 25 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 18 August 2024 (the "ex-dividend date").
Genco Shipping & 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 & Trading shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Genco Shipping & Trading shares which in turn could have impacted Genco Shipping & Trading's share price.
Over the last 12 months, Genco Shipping & Trading's shares have ranged in value from as little as $11.8101 up to $22.6653. 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 & Trading's is 0.942. This would suggest that Genco Shipping & Trading's shares are less volatile than average (for this exchange).
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. The company was incorporated in 2004 and is headquartered in New York, New York. .
Fundamental analysis of stocks can help you become a better investor and find the true value of stocks and other assets.
These are the stocks to buy when you don’t have much to spend.
Check out our picks for the brokers with the best cash sweep rates on uninvested cash.
These are the best day trading apps, according to Finder’s comprehensive analysis.
Explore the best bonuses for opening a new brokerage account.
Titan invest is a members-only automated platform best for hands-off investors looking to build wealth.
A beginner-friendly investing platform with fractional shares and no commissions on stocks and ETFs.
What you need to know about investing in the leading indicator for the overall US stock market.
Learn about Wealthfront’s automated investing tools and services to see if it’s the right platform for you.
Read our beginner’s guide to trading options in the US.