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Genco Shipping & Trading is a marine shipping business based in the US. Genco Shipping & Trading shares (GNK) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $13.74 – a decrease of 6.47% over the previous week. Genco Shipping & Trading employs 1,105 staff and has a trailing 12-month revenue of around $439.3 million.
What's in this guide?
- GNK shares summary
- Compare share dealing platforms
- Is GNK stock a buy or sell?
- Stock performance over time
- Can I short GNK shares?
- Are GNK shares over-valued?
- Genco Shipping & Trading's financials
- How volatile are GNK shares?
- Does Genco Shipping & Trading pay a dividend?
- Have GNK shares ever split?
- Other common questions
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Genco Shipping & Trading stock price (NYSE: GNK)
Use our graph to track the performance of GNK stocks over time.Genco Shipping & Trading shares at a glance
Information last updated 2024-12-18.
| Latest market close | $13.74 |
|---|---|
| 52-week range | $13.85 - $22.15 |
| 50-day moving average | $16.42 |
| 200-day moving average | $19.15 |
| Wall St. target price | $23.37 |
| PE ratio | 8.8101 |
| Dividend yield | $1.57 (11.49%) |
| Earnings per share (TTM) | $1.58 |
Is it a good time to buy Genco Shipping & Trading stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Genco Shipping & Trading price performance over time
Historical closes compared with the close of $13.64 from 2024-12-19
| 1 week (2024-12-13) | -7.15% |
|---|---|
| 1 month (2024-11-21) | -18.47% |
| 3 months (2024-09-20) | -24.10% |
| 6 months (2024-06-21) | -35.17% |
| 1 year (2023-12-21) | -15.70% |
|---|---|
| 2 years (2022-12-21) | 0.02% |
| 3 years (2021-12-21) | 21.43% |
| 5 years (2019-12-20) | 79.30% |
Is Genco Shipping & Trading stock undervalued or overvalued?
Valuing Genco Shipping & Trading stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Genco Shipping & Trading's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Genco Shipping & Trading's P/E ratio
Genco Shipping & Trading's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Genco Shipping & Trading shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Genco Shipping & Trading's EBITDA
Genco Shipping & Trading's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $137.4 million.
The EBITDA is a measure of a Genco Shipping & Trading's overall financial performance and is widely used to measure a its profitability.
Genco Shipping & Trading financials
| Revenue TTM | $439.3 million |
|---|---|
| Operating margin TTM | 20.67% |
| Gross profit TTM | $256.4 million |
| Return on assets TTM | 4.85% |
| Return on equity TTM | 7.48% |
| Profit margin | 15.63% |
| Book value | $21.75 |
| Market Capitalization | $595.2 million |
TTM: trailing 12 months
Genco Shipping & Trading share dividends
Dividend payout ratio: 87.71% of net profits
Recently Genco Shipping & Trading has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Genco Shipping & Trading shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Genco Shipping & Trading's case, that would currently equate to about $1.57 per share.
Genco Shipping & Trading's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Genco Shipping & Trading's most recent dividend payout was on 24 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 17 November 2024 (the "ex-dividend date").
Have Genco Shipping & Trading's shares ever split?
Genco Shipping & Trading's shares were split on a 1:10 basis on 7 July 2016 . So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Genco Shipping & Trading shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Genco Shipping & Trading shares which in turn could have impacted Genco Shipping & Trading's share price.
Genco Shipping & Trading share price volatility
Over the last 12 months, Genco Shipping & Trading's shares have ranged in value from as little as $13.85 up to $22.1519. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Genco Shipping & Trading's is 0.966. This would suggest that Genco Shipping & Trading's shares are less volatile than average (for this exchange).
Genco Shipping & Trading overview
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. The company owns and operates dry bulk vessels to transports iron ore, grains, coal, steel products, and other drybulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. The company was incorporated in 2004 and is headquartered in New York, New York. .
Frequently asked questions
nullWhat percentage of Genco Shipping & Trading is owned by insiders or institutions?
Currently 2.154% of Genco Shipping & Trading shares are held by insiders and 69.071% by institutions. How many people work for Genco Shipping & Trading?
Latest data suggests 1,105 work at Genco Shipping & Trading. When does the fiscal year end for Genco Shipping & Trading?
Genco Shipping & Trading's fiscal year ends in December. Where is Genco Shipping & Trading based?
Genco Shipping & Trading's address is: 299 Park Avenue, New York, NY, United States, 10171 What is Genco Shipping & Trading's ISIN number?
Genco Shipping & Trading's international securities identification number is: MHY2685T1313 What is Genco Shipping & Trading's CUSIP number?
Genco Shipping & Trading's Committee on Uniform Securities Identification Procedures number is: Y2685T131
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