GNK

Genco Shipping & Trading Ltd

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Advanced Chart

15.970

-0.28(-1.723%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

16.185

Open

16.080

VWAP

16.07

Vol

112.08K

Mkt Cap

698.09M

Low

15.950

Amount

1.80M

EV/EBITDA(TTM)

8.10

Total Shares

42.75M

757.06M

EV/OCF(TTM)

10.25

P/S(TTM)

2.01

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

55.87M

+27.23%

0.007

-102.38%

75.07M

+10.48%

0.367

+24.85%

63.21M

-11.09%

0.213

-47.97%

Estimates Revision

The market is revising Downward the revenue expectations for Genco Shipping & Trading Limited (GNK) for FY2025, with the revenue forecasts being adjusted by -2.01% over the past three months. During the same period, the stock price has changed by 12.54%.

Revenue Estimates for FY2025

Revise Downward

-2.01%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-6.23%

In Past 3 Month

Stock Price

Go Up

+12.54%

In Past 3 Month

1 Analyst Rating

40.89% 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 22.50 USD with a low forecast of 22.50 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.

1 Buy

0 Hold

0 Sell

Moderate Buy

40.89% Upside

Current: 15.970

Low

22.50

Averages

22.50

High

22.50

40.89% Upside

Current: 15.970

Low

22.50

Averages

22.50

High

22.50

DNB Carnegie

Buy

Hold

downgrade

$14.90

2025-07-07

Reason

DNB Carnegie

Price Target

$14.90

2025-07-07

downgrade

Buy

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

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

See All Ratings

Valuation Metrics

The current forward P/E ratio for Genco Shipping & Trading Ltd (GNK.N) is 22.36, compared to its 5-year average forward P/E of 12.54. 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.

Fair

5Y Average PE

12.54

Current PE

22.36

Overvalued PE

23.60

Undervalued PE

1.48

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.

Overvalued

5Y Average EV/EBITDA

5.31

Current EV/EBITDA

6.87

Overvalued EV/EBITDA

6.84

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

2.21

Current PS

2.73

Overvalued PS

2.75

Undervalued PS

1.67