Genco Q4 revenue beats estimates

Genco Shipping & Trading

17/02/2026 21:30

Overview

Drybulk shipowner's Q4 revenue beat analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Company declared $0.50 per share dividend, highest since 2022

Outlook

Genco expects Q1 2026 TCE to be $17,966 for 80% of fleet days

Company anticipates higher Q1 2026 dividend year-over-year

Result Drivers

INCREASED BORROWING CAPACITY - Co upsized borrowing capacity by $80 mln, enhancing financial flexibility

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$109.92 mln
$101.30 mln (5 Analysts)
Q4 Net Income
$15.33 mln
Q4 Adjusted EBITDA
Beat
$42 mln
$41.18 mln (7 Analysts)
Q4 Dividend
$0.50


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the marine freight & logistics peer group is "buy"

Wall Street's median 12-month price target for Genco Shipping & Trading Ltd is $23.50, about 5.8% above its February 13 closing price of $22.21

Press Release: ID:nGNX2qCFk3

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)