Upcoming Presentation: Genco Shipping & Trading Limited will present at the Jefferies Industrials Conference on September 3, 2025, at 2:10 pm Eastern Time, featuring CEO John C. Wobensmith and CFO Peter Allen.
Webcast Availability: The presentation will be available via webcast, accessible through the Investor Relations section of Genco's website, with recommendations to prepare in advance for software requirements.
Company Overview: Genco is a leading U.S.-based drybulk shipowner specializing in global commodity transportation, operating a fleet of 42 vessels with an average age of 12.7 years.
Cargo Capabilities: The company transports various key cargoes including iron ore, grain, and steel products, utilizing a modern fleet that includes Capesize, Ultramax, and Supramax vessels.
GNK
$18.17+Infinity%1D
Analyst Views on GNK
Wall Street analysts forecast GNK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GNK is 22.25 USD with a low forecast of 21.50 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast GNK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GNK is 22.25 USD with a low forecast of 21.50 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 18.110
Low
21.50
Averages
22.25
High
23.00
Current: 18.110
Low
21.50
Averages
22.25
High
23.00
Alliance Global
C. K. Poe Fratt
Buy
maintain
$22.50
2025-11-24
Reason
Alliance Global
C. K. Poe Fratt
Price Target
$22.50
2025-11-24
maintain
Buy
Reason
Alliance Global analyst C. K. Poe Fratt reiterated a Buy rating and $22.50 per share price target on Genco Shipping (GNK) after Diana Shipping (DSX) proposed to acquire the remaining Genco shares it doesn't own for $20.60 per share in cash. The firm said the cash buyout offer "looks interesting," adding that the offer should be attractive to Genco shareholders since it is a cash offer that gives them immediate liquidity at an attractive stock price. While the firm doesn't believe the current buyout offer will be successful and the stock price move narrows the risk/reward profile, it sees upside potential into the $22.50 per share bid.
SEB Equities
NULL -> Buy
initiated
$23
2025-09-26
Reason
SEB Equities
Price Target
$23
2025-09-26
initiated
NULL -> Buy
Reason
SEB Equities initiated coverage of Genco Shipping with a Buy rating and $23 price target. The company is positioned to benefit from a tighter dry bulk market in 2026, the analyst tells investors in a research note.
DNB Carnegie
Buy
to
Hold
downgrade
$14.90
2025-07-07
Reason
DNB Carnegie
Price Target
$14.90
2025-07-07
downgrade
Buy
to
Hold
Reason
DNB Carnegie downgraded Genco Shipping to Hold from Buy with a $14.90 price target.
Jefferies
Omar Nokta
Strong Buy
Maintains
$20 → $19
2025-02-20
Reason
Jefferies
Omar Nokta
Price Target
$20 → $19
2025-02-20
Maintains
Strong Buy
Reason
About GNK
Genco Shipping & Trading Limited is a drybulk ship owning company focused on the seaborne transportation of commodities globally. The Company provides a full-service logistics solution to its customers utilizing its in-house commercial operating platform. It transports key cargoes such as iron ore, grain, steel products, bauxite, cement, nickel ore among other commodities along worldwide shipping routes. Its wholly owned modern fleet of dry cargo vessels consists of the larger Capesize and the medium-sized Ultramax and Supramax vessels, enabling it to carry a range of cargoes. Its fleets consist of over 42 drybulk carriers, including 16 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and eleven Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,446,000 deadweight tons (dwt). Its vessels include Baltic Bear, Baltic Hornet, Genco Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Freedom, and Genco Vigilant.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
