Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK): Price and Financial Metrics


Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)

Today's Latest Price: $8.72 USD

0.16 (-1.80%)

Updated Jan 21 3:29pm

Add GNK to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 53 in Shipping

See all "A" rated Strong Buy stocks

GNK Stock Summary

  • Of note is the ratio of Genco Shipping & Trading Ltd's sales and general administrative expense to its total operating expenses; only 5.4% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, Genco Shipping & Trading Ltd is reporting a growth rate of 2,450.42%; that's higher than 99.62% of US stocks.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for GNK comes in at 19.79% -- higher than that of 90.41% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to Genco Shipping & Trading Ltd, a group of peers worth examining would be ENLC, NINE, NHLD, EEX, and OIS.
  • 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 Stock Price Chart Interactive Chart >

Price chart for GNK

GNK Price/Volume Stats

Current price $8.72 52-week high $9.48
Prev. close $8.88 52-week low $4.27
Day low $8.49 Volume 542,539
Day high $9.01 Avg. volume 1,653,951
50-day MA $7.59 Dividend yield 0.9%
200-day MA $6.73 Market Cap 364.51M

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (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.

GNK Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$8.72$43.43 389%

Below please find a table outlining a discounted cash flow forecast for GNK, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Genco Shipping & Trading Ltd ranked in the 80th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Genco Shipping & Trading Ltd ended up being:

  • The company's balance sheet shows it gets 44% of its capital from equity, and 56% of its capital from debt. Notably, its equity weight is greater than merely 17.09% of US equities in the Industrials sector yielding a positive free cash flow.
  • Genco Shipping & Trading Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
  • Genco Shipping & Trading Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -5.36. This coverage rate is greater than that of only 11.67% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%379%
1%384%
2%389%
3%394%
4%399%
5%403%

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as GNK, try EML, KNOP, APWC, USDP, and ABM.


GNK Latest News Stream


Event/Time News Detail
Loading, please wait...

GNK Latest Social Stream


Loading social stream, please wait...

View Full GNK Social Stream

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.

Genco Shipping & Trading Limited to Participate in NobleCon17 - Noble Capital Markets’ Seventeenth Annual Investor Conference

NEW YORK, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, announced today that John C. Wobensmith, Chief Executive Officer, is scheduled to present at NobleCon17 - Noble Capital Markets’ Seventeenth Annual Investor Conference today, Wednesday, January 20 at 10:30 a.m. Eastern Time. A high-definition, video webcast of the presentation will be available the following day on the Company's website: https://www.gencoshipping.com, and as part of a complete catalog of presentations to be rebroadcast on Channelchek next month. About Genco Shipping & Trading LimitedGenco Shipping & Trading Limited transports iron ore, coal, grain, steel prod...

Yahoo | January 20, 2021

W.R. Grace, GameStop See Activist Action

40 North Management, which owns a large stake in W.R. Grace, raised its bid for the company. RC Ventures reached an agreement to appoint three directors to the board of videogaming retailer GameStop.

Yahoo | January 16, 2021

15 Biggest Shipping Companies in the World

In this article we are going to list the 15 biggest shipping companies in the world. Click to skip ahead and jump to the 5 biggest shipping companies in the world. The shipping industry is one of the oldest industries in the world and one of the first true methods of transporting and facilitating international […]

Yahoo | December 31, 2020

Genco Shipping & Trading (NYSE:GNK) Share Prices Have Dropped 51% In The Last Five Years

For many, the main point of investing is to generate higher returns than the overall market. But every investor is...

Yahoo | December 26, 2020

Genco Shipping & Trading to Acquire Three Modern, Fuel-Efficient Ultramax Vessels in Exchange for Six Older Non-Core Handysize Vessels

Asset Swap Transaction Grows Genco’s Presence in Minor Drybulk Trades while Preserving Leadership in the Capesize SectorNEW YORK, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today announced that it has entered into an agreement to acquire three modern, eco Ultramax vessels in exchange for six older Handysize vessels. The transaction, which is part of Genco’s efforts to modernize its fleet and create a more focused asset base while reducing its carbon footprint, is structured as an asset swap without monetary consideration or additional capital required. The vessels are scheduled to deliver to both parti...

Yahoo | December 21, 2020

Read More 'GNK' Stories Here

GNK Price Returns

1-mo 21.62%
3-mo 15.07%
6-mo 43.50%
1-year -1.20%
3-year -34.58%
5-year -21.07%
YTD 18.48%
2020 -28.23%
2019 41.19%
2018 -40.77%
2017 80.49%
2016 -50.47%

GNK Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full GNK Dividend History

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!



Page generated in 0.9818 seconds.