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GNK - Genco Shipping & Trading Share Price

$7.03 -0.1  -1.5%

Last Trade - 9:10pm

Sector
Industrials
Size
Small Cap
Market Cap £227.0m
Enterprise Value £487.5m
Revenue £300.0m
Position in Universe 3395th / 6362
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +6.77%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -37.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
220.9 154 135.6 209.7 367.5 389.5 196.3 223.6 +12.0%
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Genco Shipping & Trading Limited revenues increased 5% to $98.3M. Net loss increased from $7.8M to $120.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Impairment of vessel assets increase from $0K to $112.8M (expense), Loss (gain) on sale of vessels increase from $611K (income) to $486K (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes through the ownership and operation of drybulk carrier vessels. The Company is engaged in the ocean transportation of drybulk cargoes around the world through the ownership and operation of drybulk carrier vessels. As of December 31, 2016, its fleet consisted of 61 drybulk carriers, including 13 Capesize, six Panamax, four Ultramax, 21 Supramax, two Handymax and 15 Handysize drybulk carriers, with an aggregate carrying capacity of approximately 4,735,000 deadweight tons (dwt). Of the vessels in its fleet, 15 are on spot market-related time charters, and 27 are on fixed-rate time charter contracts. As of December 31, 2016, additionally, 19 of the vessels in its fleet were operating in vessel pools. Its vessels include Genco Augustus, Genco Claudius, Genco Commodus, Genco London, Baltic Lion, Genco Beauty, Genco Raptor, Genco Thunder and Genco Vigour.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated September 27, 2004
Public Since July 22, 2005
No. of Shareholders: 18
No. of Employees: 1,215
Sector Industrials
Industry Freight & Logistics Services
Index
Exchange New York Stock Exchange
Shares in Issue 41,801,753
Free Float (0.0%)
Eligible for
ISAs
SIPPs
GNK Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for GNK
Upcoming Events for GNK
Thursday 6th August, 2020
Q2 2020 Genco Shipping & Trading Ltd Earnings Call
Friday 14th August, 2020
Dividend For GNK.N - 0.0200 USD
Frequently Asked Questions for Genco Shipping & Trading
What is the Genco Shipping & Trading share price?

As of 9:10pm, shares in Genco Shipping & Trading are trading at $7.03, giving the company a market capitalisation of £227.0m. This share price information is delayed by 15 minutes.

How has the Genco Shipping & Trading share price performed this year?

Shares in Genco Shipping & Trading are currently trading at $7.03 and the price has moved by -13.48% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Genco Shipping & Trading price has moved by -23.61% over the past year.

What are the analyst and broker recommendations for Genco Shipping & Trading?

Of the analysts with advisory recommendations for Genco Shipping & Trading, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Genco Shipping & Trading is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Genco Shipping & Trading next release its financial results?

Genco Shipping & Trading is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Genco Shipping & Trading dividend yield?

The Genco Shipping & Trading dividend yield is 4.9% based on the trailing twelve month period.

Does Genco Shipping & Trading pay a dividend?

Last year, Genco Shipping & Trading paid a total dividend of 0.35, and it currently has a trailing dividend yield of 4.9%. Looking ahead, shares in Genco Shipping & Trading are due to go ex-dividend on 2020-08-14 and the next dividend pay date is 2020-08-25.

When does Genco Shipping & Trading next pay dividends?

Genco Shipping & Trading are due to go ex-dividend on 2020-08-14 and the next dividend pay date is 2020-08-25. The historic dividend yield on Genco Shipping & Trading shares is currently 4.9%.

How do I buy Genco Shipping & Trading shares?

To buy shares in Genco Shipping & Trading you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Genco Shipping & Trading?

Shares in Genco Shipping & Trading are currently trading at $7.03, giving the company a market capitalisation of £227.0m.

Where are Genco Shipping & Trading shares listed? Where are Genco Shipping & Trading shares listed?

Here are the trading details for Genco Shipping & Trading:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: GNK
What kind of share is Genco Shipping & Trading?

Based on an overall assessment of its quality, value and momentum, Genco Shipping & Trading is currently classified as a Turnaround. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Genco Shipping & Trading share price forecast 2020?

Shares in Genco Shipping & Trading are currently priced at $7.03. At that level they are trading at 44.26% discount to the analyst consensus target price of 0.00.

Analysts covering Genco Shipping & Trading currently have a consensus Earnings Per Share (EPS) forecast of -0.317 for the next financial year.

How can I tell whether the Genco Shipping & Trading share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Genco Shipping & Trading. Over the past six months, the relative strength of its shares against the market has been -6.47%. At the current price of $7.03, shares in Genco Shipping & Trading are trading at -5.38% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Genco Shipping & Trading PE Ratio?

We were not able to find PE ratio data for Genco Shipping & Trading.

Who are the key directors of Genco Shipping & Trading?

Genco Shipping & Trading's management team is headed by:

John Wobensmith - PRE
James Dolphin - IND
Bao Truong - DRC
Apostolos Zafolias - CFO
Joseph Adamo - CAO
Kevin Mahony - DRC
Arthur Regan - CHM
Christoph Majeske - IND
Kathleen Haines - IND
Robert Hughes - COO
Who are the major shareholders of Genco Shipping & Trading?

Here are the top five shareholders of Genco Shipping & Trading based on the size of their shareholding:

Centerbridge Partners, L.P. Private Equity
Percentage owned: 25.09% (10.5m shares)
Strategic Value Partners, L.L.C. Hedge Fund
Percentage owned: 19.53% (8.17m shares)
Apollo Capital Management, L.P. Investment Advisor/Hedge Fund
Percentage owned: 12.96% (5.42m shares)
Evermore Global Advisors, LLC Investment Advisor
Percentage owned: 4.96% (2.07m shares)
Mangrove Partners Hedge Fund
Percentage owned: 3.78% (1.58m shares)
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