GNK

Genco Shipping & Trading Limited [GNK] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

GNK Stock Summary

Top 10 Correlated ETFs

GNK


Top 10 Correlated Stocks

GNK


In the News

02:24 10 Jun 2023 GNK

Genco Shipping: Dividends Likely To Stay Strong Despite Challenging Market

Downward trending market TCE rates are challenging for the bottom line. Strong liquidity enables Genco to continue dividend payouts. Low valuation makes the risk-reward ratio tempting for income-seeking investors.

08:38 10 Jun 2023 GNK

Top 5 Industrials Stocks Which Could Rescue Your Portfolio This Month - Ducommun (NYSE:DCO), DLH Hldgs (NASDAQ:DLHC)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

07:37 10 Jun 2023 GNK

Genco Stock Is a Good Bet as Rising Shipping Rates Help Boost Dividend

The stock is down 35% since Barron's first recommended it. Here's why it's a good time to get in.

01:13 10 Jun 2023 GNK

Genco Shipping & Trading Ltd (GNK) Q1 2023 Earnings Call Transcript

Genco Shipping & Trading Ltd (NYSE:GNK ) Q1 2023 Earnings Conference Call May 4, 2023 8:30 AM ET Company Participants Peter Allen - SVP, Strategy & Finance John Wobensmith - CEO, President, Secretary & Director Apostolos Zafolias - CFO & EVP, Finance Conference Call Participants Omar Nokta - Jefferies Liam Burke - B. Riley Securities Operator Good morning, ladies and gentlemen, and welcome to the Genco Shipping & Trading Limited First Quarter 2023 Earnings Conference Call and Presentation.

10:00 10 Jun 2023 GNK

Genco Shipping & Trading (GNK) Q1 Earnings Miss Estimates

Genco Shipping & Trading (GNK) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.97 per share a year ago.

01:40 10 Jun 2023 GNK

Will Genco Shipping (GNK) Beat Estimates Again in Its Next Earnings Report?

Genco Shipping (GNK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

09:14 10 Jun 2023 GNK

These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Genco Shipping & Trading (NYSE:GNK), Greenbrier Companies (NYSE:GBX)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

08:30 10 Jun 2023 GNK

Genco Shipping & Trading Limited Announces First Quarter 2023 Conference Call and Webcast

NEW YORK, April 19, 2023 (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 2023 on Thursday, May 4, 2023 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the first quarter ended March 31, 2023 on Wednesday, May 3, 2023 after the close of market trading.

08:24 10 Jun 2023 GNK

Genco: Profit From The Dry Bulk Shipping Recovery With A Margin Of Safety

Genco has a generous and sustainable dividend policy that rewards shareholders with an annualized yield of 17% on the current stock price. GNK has a strong competitive advantage in the dry bulk shipping industry, with a diverse fleet of 44 vessels, a flexible operational strategy, and a loyal customer base.

03:42 10 Jun 2023 GNK

Genco Shipping: Playing The Supply-Demand Imbalances

Genco Shipping owns a modern fleet of dry cargo vessels consisting of 27 Capesize and 17 Ultramax/Supramax vessels. I believe GNK stock has a fairly stable margin of safety, supported by the low order book and rising demand for dry bulk shipping services from emerging markets.

GNK Financial details

Company Rating
Buy
Market Cap
578.1M
Income
119.52M
Revenue
495.1M
Book val./share
22.25
Cash/share
1.04
Dividend
1.93
Dividend %
13.81%
Employees
1.09K
Optionable
No
Shortable
Yes
Earnings
01 Aug 2023
P/E
4.99
Forward P/E
-
PEG
-1.42
P/S
1.2
P/B
0.63
P/C
13.45
P/FCF
4.12
Quick Ratio
1.79
Current Ratio
3.14
Debt / Equity
0.2
LT Debt / Equity
0.17
-
-
EPS (TTM)
2.81
EPS next Y
-
EPS next Q
1.49
EPS this Y
-13.63%
EPS next Y
-
EPS next 5Y
126.01%
EPS last 5Y
NAN%
Revenue last 5Y
7.88%
Revenue Q/Q
-25.66%
EPS Q/Q
-90.78%
-
-
-
-
SMA20
-
SMA50
-6.67%
SMA100
-12.5%
Inst Own
54.17%
Inst Trans
0.74%
ROA
10%
ROE
12%
ROC
0.1%
Gross Margin
32%
Oper. Margin
23%
Profit Margin
24%
Payout
91%
Shs Outstand
42.51M
Shs Float
41.9M
-
-
-
-
Target Price
20
52W Range
11.92-27.15
52W High
-48.19%
52W Low
+27.18%
RSI
54
Rel Volume
0.39
Avg Volume
957.29K
Volume
374.55K
Perf Week
7.7%
Perf Month
-9.21%
Perf Quarter
-4.44%
Perf Half Y
-3.38%
-
-
-
-
Beta
1.05911
-
-
Volatility
0.13%, 0.58%
Prev Close
0.07%
Price
13.99
Change
-0.99%

GNK Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
Revenue per share
9.589.338.4813.0112.66
Net income per share
-0.86-2.01-10.414.333.74
Operating cash flow per share
1.721.430.885.494.46
Free cash flow per share
-4.620.220.42.73.14
Cash per share
5.153.733.432.721.37
Book value per share
27.4423.4317.7821.7922.81
Tangible book value per share
27.4423.4317.7821.7922.83
Share holders equity per share
27.4423.4317.7821.7922.81
Interest debt per share
14.812.611.266.224.25
Market cap
302.84M443.52M308.44M672.98M651.46M
Enterprise value
640.49M781.87M613.97M804.69M764.44M
P/E ratio
-9.19-5.29-0.713.74.11
Price to sales ratio
0.821.140.871.231.21
POCF ratio
4.597.458.362.913.44
PFCF ratio
-1.7148.7318.35.924.89
P/B Ratio
0.290.450.410.730.67
PTB ratio
0.290.450.410.730.67
EV to sales
1.742.011.731.471.42
Enterprise value over EBITDA
9.2710.218.283.163.32
EV to operating cash flow
9.7213.1316.643.484.04
EV to free cash flow
-3.6185.936.427.085.74
Earnings yield
-0.11-0.19-1.410.270.24
Free cash flow yield
-0.590.020.050.170.2
Debt to equity
0.550.560.650.310.21
Debt to assets
0.350.360.40.240.18
Net debt to EBITDA
4.884.424.120.520.49
Current ratio
2.651.752.184.173.43
Interest coverage
0.020.120.3413.118.39
Income quality
-2-1.06-0.161.271.19
Dividend Yield
00.050.030.020.18
Payout ratio
0-0.25-0.020.070.73
Sales general and administrative to revenue
0.060.060.060.040.05
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
-3.69-0.85-0.54-0.51-0.3
Capex to revenue
-0.66-0.13-0.06-0.21-0.1
Capex to depreciation
-3.53-0.69-0.3-2.04-0.91
Stock based compensation to revenue
0.010.010.0100.01
Graham number
23.0232.5264.5446.0643.81
ROIC
000.020.190.15
Return on tangible assets
-0.02-0.05-0.350.150.14
Graham Net
-8.93-8.88-7.72-3.43-2.77
Working capital
168.58M95.54M133.58M132.94M88.89M
Tangible asset value
1.05B978.43M744.99M916.68M968.31M
Net current asset value
-303.71M-327.27M-240.61M-111.5M-80.13M
Invested capital
0.510.510.60.270.18
Average receivables
20.9M19.57M13.35M16.55M22.72M
Average payables
12.49M32.36M30.73M20.91M23.06M
Average inventory
22.76M28.38M24.4M23.07M23.08M
Days sales outstanding
25.2712.8413.3413.4217.22
Days payables outstanding
19.550.5413.5434.0817.32
Days of inventory on hand
38.1427.7224.6327.9423.14
Receivables turnover
14.4428.4327.3727.221.2
Payables turnover
18.727.2226.9610.7121.08
Inventory turnover
9.5713.1714.8213.0615.77
ROE
-0.03-0.09-0.590.20.16
Capex per share
-6.34-1.21-0.48-2.79-1.32

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q1

Metric History 2022-03-312022-06-302022-09-302022-12-31 2023-03-31
Revenue per share
3.233.253.22.982.21
Net income per share
0.991.120.960.670.06
Operating cash flow per share
1.251.11.280.840.46
Free cash flow per share
0.131.021.190.790.39
Cash per share
1.021.051.541.371.04
Book value per share
22.1522.4122.8522.7322.25
Tangible book value per share
22.1522.4222.8722.7522.27
Share holders equity per share
22.1522.4122.8522.7322.25
Interest debt per share
4.744.514.284.073.85
Market cap
995.96M818.89M532.9M653.78M667.62M
Enterprise value
1.15B962.93M647.29M766.76M785.49M
P/E ratio
5.974.323.265.763.37
Price to sales ratio
7.315.943.925.157.07
POCF ratio
18.9517.579.8218.2234.12
PFCF ratio
178.1718.9110.519.4340.52
P/B Ratio
1.070.860.550.680.7
PTB ratio
1.070.860.550.680.7
EV to sales
8.446.994.766.048.32
Enterprise value over EBITDA
19.6614.8410.9224.7437.06
EV to operating cash flow
21.8920.6611.9221.3740.15
EV to free cash flow
205.7922.2412.7522.7947.67
Earnings yield
0.040.060.080.040
Free cash flow yield
0.010.050.10.050.02
Debt to equity
0.250.250.240.210.2
Debt to assets
0.20.20.190.180.17
Net debt to EBITDA
2.642.221.933.645.56
Current ratio
2.782.462.633.433.14
Interest coverage
18.7720.4619.856.732.19
Income quality
1.260.981.321.246.84
Dividend Yield
0.030.040.040.050.03
Payout ratio
0.680.70.521.158.23
Sales general and administrative to revenue
0.040.050.040.060.08
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
-0.89-0.07-0.07-0.06-0.16
Capex to revenue
-0.34-0.02-0.03-0.02-0.03
Capex to depreciation
-3.26-0.22-0.22-0.14-0.19
Stock based compensation to revenue
0.010.010.010.010.02
Graham number
22.223.7422.2218.565.56
ROIC
0.040.040.040.010
Return on tangible assets
0.040.040.030.020
Graham Net
-3.88-3.69-3.11-2.76-2.93
Working capital
67.33M71.23M90.44M88.89M73.05M
Tangible asset value
934.07M950.46M972.52M968.31M949.58M
Net current asset value
-128.29M-115.54M-87.45M-80.13M-87.07M
Invested capital
0.210.20.190.180.17
Average receivables
21.25M22.5M25.41M25.6M21.01M
Average payables
21.4M13.26M18.02M19.25M21.57M
Average inventory
23.95M27.54M31.96M26.89M23.32M
Days sales outstanding
13.2416.3117.1217.9615.92
Days payables outstanding
13.2515.1223.916.5529.81
Days of inventory on hand
24.0935.0634.4322.1227.66
Receivables turnover
6.85.525.265.015.65
Payables turnover
6.795.953.775.443.02
Inventory turnover
3.742.572.614.073.25
ROE
0.040.050.040.030
Capex per share
-1.11-0.08-0.08-0.05-0.07

GNK Frequently Asked Questions

What is Genco Shipping & Trading Limited stock symbol ?

Genco Shipping & Trading Limited is a US stock , located in New york of Ny and trading under the symbol GNK

Is Genco Shipping & Trading Limited buy or a sell ?

3 stock analysts have 3 predictions with a medium analyst target price of $23. The lowest prediction is $20 and the highest is $29

What is GNK stock prediction ?

With a median analyst target price of $20, 2 stock analysts have made 2 forecasts in last 90 days. $20 is the lowest and $20 is the greatest projection.

What is Genco Shipping & Trading Limited stock quote today ?

Genco Shipping & Trading Limited stock price is $13.99 today.

Is Genco Shipping & Trading Limited stock public?

Yes, Genco Shipping & Trading Limited is a publicly traded company.

Something similar

Top by Market Cap
Top Correlated ETFs
Top Correlated Stocks
Similar Market Cap