NYSE
GNK

Genco Shipping & Trading Ltd

Marine Shipping
Industrials

Prices are adjusted according to historical splits.

Genco Shipping & Trading Ltd Stock Price

Vitals

Today's Low:
$13.44
Today's High:
$13.755
Open Price:
$13.64
52W Low:
$10.8071
52W High:
$18.9244
Prev. Close:
$13.6
Volume:
514483

Company Statistics

Market Cap.:
$578.39 million
Book Value:
22.429
Revenue TTM:
$447.89 million
Operating Margin TTM:
20.86%
Gross Profit TTM:
$256.45 million
Profit Margin:
18.69%
Return on Assets TTM:
5.03%
Return on Equity TTM:
8.85%

Company Profile

Genco Shipping & Trading Ltd had its IPO on 2005-07-22 under the ticker symbol GNK.

The company operates in the Industrials sector and Marine Shipping industry. Genco Shipping & Trading Ltd has a staff strength of 1,086 employees.

Stock update

Shares of Genco Shipping & Trading Ltd opened at $13.64 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $13.44 - $13.76, and closed at $13.44.

This is a -1.18% slip from the previous day's closing price.

A total volume of 514,483 shares were traded at the close of the day’s session.

In the last one week, shares of Genco Shipping & Trading Ltd have slipped by -2.68%.

Genco Shipping & Trading Ltd's Key Ratios

Genco Shipping & Trading Ltd has a market cap of $578.39 million, indicating a price to book ratio of 0.6364 and a price to sales ratio of 1.0588.

In the last 12-months Genco Shipping & Trading Ltd’s revenue was $447.89 million with a gross profit of $256.45 million and an EBITDA of $149.93 million. The EBITDA ratio measures Genco Shipping & Trading Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Genco Shipping & Trading Ltd’s operating margin was 20.86% while its return on assets stood at 5.03% with a return of equity of 8.85%.

In Q2, Genco Shipping & Trading Ltd’s quarterly earnings growth was a negative -75.5% while revenue growth was a negative 34.3%.

Genco Shipping & Trading Ltd’s PE and PEG Ratio

Forward PE
4.4131
Trailing PE
6.7327
PEG
-1.77

Its diluted EPS in the last 12-months stands at $2.02 per share while it has a forward price to earnings multiple of 4.4131 and a PEG multiple of -1.77. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Genco Shipping & Trading Ltd’s profitability.

Genco Shipping & Trading Ltd stock is trading at a EV to sales ratio of 1.2352 and a EV to EBITDA ratio of 2.5169. Its price to sales ratio in the trailing 12-months stood at 1.0588.

Genco Shipping & Trading Ltd stock pays annual dividends of $1.58 per share, indicating a yield of 11.43% and a payout ratio of 79%.

Balance sheet and cash flow metrics

Total Assets
$1.14 billion
Total Liabilities
$29.22 million
Operating Cash Flow
$-678000.00
Capital Expenditure
$1.85 million
Dividend Payout Ratio
79%

Genco Shipping & Trading Ltd ended 2024 with $1.14 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.14 billion while shareholder equity stood at $953.86 million.

Genco Shipping & Trading Ltd ended 2024 with $0 in deferred long-term liabilities, $29.22 million in other current liabilities, 425000.00 in common stock, $-614051000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $47.93 million and cash and short-term investments were $47.93 million. The company’s total short-term debt was $2,237,000 while long-term debt stood at $148.26 million.

Genco Shipping & Trading Ltd’s total current assets stands at $110.68 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $19.69 million compared to accounts payable of $19.04 million and inventory worth $22.96 million.

In 2024, Genco Shipping & Trading Ltd's operating cash flow was $-678000.00 while its capital expenditure stood at $1.85 million.

Comparatively, Genco Shipping & Trading Ltd paid $0.79 in dividends in 2024.

Other key metrics

Current Trading Price
$13.44
52-Week High
$18.9244
52-Week Low
$10.8071
Analyst Target Price
$22.8

Genco Shipping & Trading Ltd stock is currently trading at $13.44 per share. It touched a 52-week high of $18.9244 and a 52-week low of $18.9244. Analysts tracking the stock have a 12-month average target price of $22.8.

Its 50-day moving average was $13.74 and 200-day moving average was $14.76 The short ratio stood at 2.45 indicating a short percent outstanding of 0%.

Around 129.7% of the company’s stock are held by insiders while 5801.5% are held by institutions.

Frequently Asked Questions About Genco Shipping & Trading Ltd

The stock symbol (also called stock or share ticker) of Genco Shipping & Trading Ltd is GNK

The IPO of Genco Shipping & Trading Ltd took place on 2005-07-22

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About

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, grains, coal, steel products, and other dry-bulk 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.

Address

299 Park Avenue, New York, NY, United States, 10171