Genco Shipping & Trading Ltd. (GNK): Price and Financial Metrics

Genco Shipping & Trading Ltd. (GNK): $20.26

0.16 (-0.78%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

C

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Industry: Shipping

Industry

A

Ranked

#38 of 41

in industry

GNK Price/Volume Stats

Current price $20.26 52-week high $21.24
Prev. close $20.42 52-week low $12.39
Day low $20.07 Volume 605,200
Day high $20.40 Avg. volume 777,375
50-day MA $18.35 Dividend yield 8%
200-day MA $15.22 Market Cap 865.71M

GNK Stock Price Chart Interactive Chart >

GNK POWR Grades

  • Momentum is the dimension where GNK ranks best; there it ranks ahead of 84.65% of US stocks.
  • GNK's strongest trending metric is Value; it's been moving down over the last 26 weeks.
  • GNK's current lowest rank is in the Growth metric (where it is better than 6.79% of US stocks).

GNK Stock Summary

  • GNK's current price/earnings ratio is 65.63, which is higher than 89.96% of US stocks with positive earnings.
  • Of note is the ratio of GENCO SHIPPING & TRADING LTD's sales and general administrative expense to its total operating expenses; only 9.04% of US stocks have a lower such ratio.
  • As for revenue growth, note that GNK's revenue has grown -33.37% over the past 12 months; that beats the revenue growth of merely 8.17% of US companies in our set.
  • Stocks that are quantitatively similar to GNK, based on their financial statements, market capitalization, and price volatility, are PECO, REXR, GMRE, SITC, and VRRM.
  • GNK's SEC filings can be seen here. And to visit GENCO SHIPPING & TRADING LTD's official web site, go to www.gencoshipping.com.

GNK Valuation Summary

  • GNK's price/sales ratio is 1.8; this is 50% higher than that of the median Industrials stock.
  • Over the past 115 months, GNK's price/earnings ratio has gone NA NA.

Below are key valuation metrics over time for GNK.

Stock Date P/S P/B P/E EV/EBIT
GNK 2023-12-29 1.8 0.8 64.9 41.6
GNK 2023-12-28 1.8 0.8 64.5 41.3
GNK 2023-12-27 1.8 0.8 64.4 41.3
GNK 2023-12-26 1.7 0.8 63.5 40.8
GNK 2023-12-22 1.8 0.8 64.4 41.3
GNK 2023-12-21 1.7 0.8 63.3 40.7

GNK Growth Metrics

    The 3 year net cashflow from operations growth rate now stands at 296.98%.
  • The 3 year cash and equivalents growth rate now stands at -74.69%.
  • The 2 year net cashflow from operations growth rate now stands at 515.78%.
GNK's revenue has moved up $77,589,000 over the prior 15 months.

The table below shows GNK's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 536.934 189.323 158.576
2022-09-30 593.239 249.58 220.752
2022-06-30 612.521 267.726 237.056
2022-03-31 595.765 270.18 221.711
2021-12-31 547.129 231.119 182.007
2021-09-30 459.345 155.868 25.233

GNK's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • GNK has a Quality Grade of C, ranking ahead of 69.27% of graded US stocks.
  • GNK's asset turnover comes in at 0.385 -- ranking 51st of 137 Transportation stocks.
  • ECHO, USDP, and AIRT are the stocks whose asset turnover ratios are most correlated with GNK.

The table below shows GNK's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.385 0.454 0.032
2021-06-30 0.319 0.386 -0.025
2021-03-31 0.271 0.301 -0.057
2020-12-31 0.269 0.284 -0.133
2020-09-30 0.264 0.273 -0.083
2020-06-30 0.264 0.264 -0.074

GNK Price Target

For more insight on analysts targets of GNK, see our GNK price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $25.23 Average Broker Recommendation 1.4 (Strong Buy)

Genco Shipping & Trading Ltd. (GNK) Company Bio


Genco Shipping & Trading transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. The company was founded in 2004 and is based in New York, New York.


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Latest GNK News From Around the Web

Below are the latest news stories about GENCO SHIPPING & TRADING LTD that investors may wish to consider to help them evaluate GNK as an investment opportunity.

Why Are Shipping Stocks ZIM, GNK, EGLE, SBLK Up Today?

Shipping stocks are up on Monday after BP announced that it will no longer be using shipping routes that travel through the Red Sea.

William White on InvestorPlace | December 18, 2023

Genco Shipping & Trading Limited's (NYSE:GNK) Popularity With Investors Is Under Threat From Overpricing

Genco Shipping & Trading Limited's ( NYSE:GNK ) price-to-sales (or "P/S") ratio of 1.7x may not look like an appealing...

Yahoo | December 18, 2023

How to Boost Your Portfolio with Top Transportation Stocks Set to Beat Earnings

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Yahoo | December 14, 2023

Genco Shipping & Trading Limited Closes $500 Million Credit Facility

Revolving Credit Facility Significantly Increases Borrowing Capacity & Enhances Financial FlexibilityNEW YORK, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has closed its previously announced $500 million revolving credit facility. Key terms of the $500 million revolving credit facility include: Borrowing capaci

Yahoo | December 4, 2023

13 Best Shipping and Container Stocks To Buy

In this article, we will take a look at the 13 best shipping and container stocks to buy. To skip our recent market trends and activity analysis, you can go directly to see the 5 Best Shipping and Container Stocks to Buy. The usually inconspicuous realm of shipping stocks gained prominence during the COVID-19 pandemic, […]

Yahoo | November 28, 2023

Read More 'GNK' Stories Here

GNK Price Returns

1-mo 16.72%
3-mo 31.31%
6-mo 57.50%
1-year 41.14%
3-year 113.01%
5-year 237.54%
YTD 24.67%
2023 14.44%
2022 11.41%
2021 121.79%
2020 -28.23%
2019 41.19%

GNK Dividends

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