GNK

Genco Shipping & Trading Ltd

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Advanced Chart

13.540

+0.030(+0.220%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

13.680

Open

13.650

VWAP

13.53

Vol

751.53K

Mkt Cap

581.67M

Low

13.385

Amount

10.17M

EV/EBITDA(TTM)

5.60

Total Shares

42.75M

635.54M

EV/OCF(TTM)

6.52

P/S(TTM)

1.56

Genco Shipping & Trading Limited is a drybulk ship owning company. The Company provides a full-service logistics solution to its customers utilizing its in-house commercial operating platform. The Company transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Its wholly owned modern fleet of dry cargo vessels consists of the Capesize and the Ultramax and Supramax vessels enabling the Company to carry a range of cargoes. Its fleets consist of over 43 drybulk carriers, including 16 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and 12 Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,490,000 deadweight tons (dwt). The Company's vessels include Baltic Bear, Baltic Hornet, Genco Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Freedom, Genco Picardy and Genco Vigilant.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

55.01M

-28.35%

0.004

-99.13%

71.24M

+0.19%

0.296

-27.8%

76.23M

+12.19%

0.480

+63.6%

Estimates Revision

The market is revising Upward the revenue expectations for Genco Shipping & Trading Limited (GNK) for FY2025, with the revenue forecasts being adjusted by 3.58% over the past three months. During the same period, the stock price has changed by -3.55%.

Revenue Estimates for FY2025

Revise Upward

+3.58%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-25.27%

In Past 3 Month

Stock Price

Go Down

-3.55%

In Past 3 Month

3 Analyst Rating

29.47% Upside

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 17.53 USD with a low forecast of 15.00 USD and a high forecast of 22.50 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

29.47% Upside

Current: 13.540

Low

15.00

Averages

17.53

High

22.50

29.47% Upside

Current: 13.540

Low

15.00

Averages

17.53

High

22.50

Jefferies

Omar Nokta

Strong Buy

Maintains

$17

2025-05-08

New

Reason

Jefferies

Omar Nokta

Price Target

$17

2025-05-08

New

Maintains

Strong Buy

Reason

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

Jefferies

Omar Nokta

Strong Buy

Maintains

$25

2024-11-07

Reason

Jefferies

Omar Nokta

Price Target

$25

2024-11-07

Maintains

Strong Buy

Reason

Stifel

Benjamin Nolan

Strong Buy

Hold

Downgrades

$26 → $17

2024-10-23

Reason

Stifel

Benjamin Nolan

Price Target

$26 → $17

2024-10-23

Downgrades

Strong Buy

Hold

Reason

Stifel analyst Benjamin Nolan downgraded Genco Shipping to Hold from Buy with a price target of $17, down from $26. The firm says that for the better part of the past four years, most shipping segments have been strong, following a multi-year period of weakness. Growing demand and limited supply account for much of the strength, which has been augmented by longer ton-miles from Russian sanctions and the effective closure of the Red Sea, the analyst tells investors in a research note. Stifel believes that while these factors show no signs of reversing, and ship supply is "reasonable albeit higher," it expects the demand drivers, at least in the near term, to be played out. Most shipping segments are headed toward a rate pause, which should drag asset values lower, contends the firm. As such, it downgraded a number of dry bulk and tanker names "as the market finds its new level next year."

Deutsche Bank

Chris Robertson

Strong Buy

Initiates

$22

2024-09-04

Reason

Deutsche Bank

Chris Robertson

Price Target

$22

2024-09-04

Initiates

Strong Buy

Reason

Alliance Global Partners

Poe Fratt

Strong Buy

Maintains

$25 → $27

2024-07-01

Reason

Alliance Global Partners

Poe Fratt

Price Target

$25 → $27

2024-07-01

Maintains

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Genco Shipping & Trading Ltd (GNK.N) is 18.66, compared to its 5-year average forward P/E of 12.02. For a more detailed relative valuation and DCF analysis to assess Genco Shipping & Trading Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

12.02

Current PE

18.66

Overvalued PE

25.49

Undervalued PE

-1.45

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

5.36

Current EV/EBITDA

5.94

Overvalued EV/EBITDA

6.94

Undervalued EV/EBITDA

3.78

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.15

Current PS

2.29

Overvalued PS

2.72

Undervalued PS

1.58