Genco Shipping & Trading Limited (GNK)

NYSE: GNK · Real-Time Price · USD
16.63
+0.16 (0.97%)
Aug 13, 2025, 3:00 PM - Market open
0.97%
Market Cap 714.42M
Revenue (ttm) 350.74M
Net Income (ttm) 15.41M
Shares Out 42.96M
EPS (ttm) 0.36
PE Ratio 46.61
Forward PE 17.22
Dividend $1.46 (8.81%)
Ex-Dividend Date Aug 18, 2025
Volume 273,132
Open 16.53
Previous Close 16.47
Day's Range 16.44 - 16.80
52-Week Range 11.20 - 19.51
Beta 1.16
Analysts Strong Buy
Price Target 19.33 (+16.24%)
Earnings Date Aug 6, 2025

About GNK

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 was incorporated in 2004 and is headquartered in New York, New York. [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Jul 22, 2005
Employees 1,037
Stock Exchange NYSE
Ticker Symbol GNK
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GNK stock is "Strong Buy." The 12-month stock price target is $19.33, which is an increase of 16.24% from the latest price.

Price Target
$19.33
(16.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Genco Shipping & Trading Limited (GNK) Q2 2025 Earnings Call Transcript

Genco Shipping & Trading Limited (NYSE:GNK) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants John C. Wobensmith - CEO, President, Secretary & Director Michael Orr - Cor...

5 days ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Q2 2025 Financial Results

Declares Dividend of $0.15 per share for Q2 2025 Represents Genco's 24 th Consecutive Quarterly Dividend

6 days ago - GlobeNewsWire

Genco Shipping: Strong Financial Position And Promising Outlook In Drybulk Shipping

Genco Shipping boasts a nearly net cash balance sheet, disciplined fleet management, and a strong, formula-driven dividend policy with opportunistic buybacks. Drybulk market fundamentals are favorable...

13 days ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Second Quarter 2025 Conference Call and Webcast

NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the second quarter of ...

22 days ago - GlobeNewsWire

Genco Shipping & Trading Closes New $600 Million Revolving Credit Facility, Increasing Borrowing Capacity by 50%

Further Enhances Financial Flexibility to Capitalize on Compelling Growth Opportunities Further Enhances Financial Flexibility to Capitalize on Compelling Growth Opportunities

4 weeks ago - GlobeNewsWire

Genco Shipping: Tailwinds Are Fading, Time To Hold Steady

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 FY2...

3 months ago - Seeking Alpha

Genco Shipping's Variable Dividend Story Still Appealing - COVID Reset Is Here

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 l...

3 months ago - Seeking Alpha

Genco Shipping & Trading Limited (GNK) Q1 2025 Earnings Call Transcript

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 Office...

3 months ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Q1 2025 Financial Results

Declares Dividend of $0.15 per share for Q1 2025 Represents Genco's 23ʳᵈ  Consecutive Quarterly Dividend

3 months ago - GlobeNewsWire

Genco Shipping & Trading Limited Announces First Quarter 2025 Conference Call and Webcast

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the first quarter of ...

4 months ago - GlobeNewsWire

Dividend Power Dogs: 3 Top Dividend Picks For March

Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strate...

5 months ago - Seeking Alpha

Genco Shipping: Take Advantage Of The Seasonal Low

Genco's current stock price offers value, trading at a discount to book value with an over 8% dividend yield despite a recent cut. The Baltic Drybulk Index's seasonal low impacts Genco's revenue and d...

6 months ago - Seeking Alpha

Genco Shipping & Trading Limited (GNK) Q4 2024 Earnings Call Transcript

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 Mic...

6 months ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Q4 2024 Financial Results

Declares Dividend of $0.30 per share for Q4 2024 Represents Genco's 22 nd Consecutive Quarterly Dividend

6 months ago - GlobeNewsWire

Genco Shipping & Trading Limited Announces Fourth Quarter 2024 Conference Call and Webcast

NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of ...

7 months ago - GlobeNewsWire

Tariffs, Trump and China: What 2025 holds for shipping stocks

The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.

7 months ago - Market Watch

Genco Shipping: Buy The Pullback For Richer Dividend Yields

The wider correction observed in the dry bulk stocks has been unwarranted indeed, attributed to the still higher spot rates and ongoing supply demand imbalance. The same has been observed in GNK's hig...

7 months ago - Seeking Alpha

A Dividend Anchor In A Sea Of Volatility: Genco Shipping's Steadfast Strategy

Low leverage and efficient, and a diversified fleet ensures stability in volatile markets. Operational resilience and competent management enables continued dividend payments. Strong dividend policy o...

7 months ago - Seeking Alpha

China more prepared for U.S. tariffs than in 2018, says Genco CEO

Genco Shipping and Trading CEO John Wobensmith discusses the potential impact of U.S. tariffs on global trade and shipping.

9 months ago - CNBC International TV

Genco Shipping & Trading Limited (GNK) Q3 2024 Earnings Call Transcript

Genco Shipping & Trading Limited (NYSE:GNK) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants John Wobensmith - Chief Executive Officer Peter Allen - Chief Financial O...

9 months ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Q3 2024 Financial Results

Declares Dividend of $0.40 per share for Q3 2024; Represents Genco's 21st Consecutive Quarterly Dividend Totaling $6.315 Per Share Declares Dividend of $0.40 per share for Q3 2024; Represents Genco's ...

9 months ago - GlobeNewsWire

Genco Shipping & Trading Limited Announces Third Quarter 2024 Conference Call and Webcast

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2...

10 months ago - GlobeNewsWire

Genco Shipping: A Great Platform To Weather Market Uncertainty

Post-COVID, dry bulk shipping saw growth driven by energy demand recovery and a limited vessel order book, though market sentiment has weakened due to China's slowing demand for steel and iron. Genco ...

10 months ago - Seeking Alpha

Genco Shipping & Trading Limited to Acquire High-Specification Capesize Vessel

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio...

11 months ago - GlobeNewsWire

Genco's Unique Dividend Structure May Hold Promise For Income Investors

Genco Shipping & Trading Limited offers an 8.18% dividend yield tied to excess quarterly cash flow, making it attractive for income investors despite volatility. Genco operates a high-quality fleet in...

1 year ago - Seeking Alpha