Golden Ocean Group Limited (GOGL): Price and Financial Metrics

Golden Ocean Group Limited (GOGL): $9.38

0.20 (+2.18%)

POWR Rating

Component Grades













Add GOGL to Watchlist
Sign Up

Industry: Shipping



in industry


  • GOGL scores best on the Quality dimension, with a Quality rank ahead of 79.92% of US stocks.
  • The strongest trend for GOGL is in Growth, which has been heading down over the past 178 days.
  • GOGL's current lowest rank is in the Growth metric (where it is better than 0.62% of US stocks).

GOGL Stock Summary

  • Of note is the ratio of GOLDEN OCEAN GROUP LTD's sales and general administrative expense to its total operating expenses; merely 6.66% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for GOLDEN OCEAN GROUP LTD is higher than it is for about 92.65% of US stocks.
  • GOLDEN OCEAN GROUP LTD's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 34.84%, greater than the shareholder yield of 94.68% of stocks in our set.
  • Stocks that are quantitatively similar to GOGL, based on their financial statements, market capitalization, and price volatility, are DLNG, ATCO, AQN, NNN, and NSA.
  • GOGL's SEC filings can be seen here. And to visit GOLDEN OCEAN GROUP LTD's official web site, go to

GOGL Valuation Summary

  • In comparison to the median Industrials stock, GOGL's price/sales ratio is 54.55% higher, now standing at 1.7.
  • GOGL's EV/EBIT ratio has moved down 2.8 over the prior 243 months.

Below are key valuation metrics over time for GOGL.

Stock Date P/S P/B P/E EV/EBIT
GOGL 2023-03-17 1.7 1 4.0 5.7
GOGL 2023-03-16 1.7 1 4.2 5.8
GOGL 2023-03-15 1.7 1 4.1 5.8
GOGL 2023-03-14 1.8 1 4.3 6.0
GOGL 2023-03-13 1.7 1 4.1 5.8
GOGL 2023-03-10 1.7 1 4.2 5.9

GOGL Growth Metrics

    Its 2 year cash and equivalents growth rate is now at -9.91%.
  • Its year over year cash and equivalents growth rate is now at -64.78%.
  • The 3 year cash and equivalents growth rate now stands at -41.89%.
Over the past 49 months, GOGL's revenue has gone up $614,205,000.

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

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 1,245.706 596.937 597.455
2022-06-30 1,351.275 698.741 688.219
2022-03-31 1,310.312 677.444 628.965
2021-12-31 1,203.181 560.398 527.218
2021-12-31 1,203.181 560.398 527.218
2021-09-30 990.081 412.598 348.773

GOGL'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.
  • GOGL has a Quality Grade of D, ranking ahead of 16.6% of graded US stocks.
  • GOGL's asset turnover comes in at 0.265 -- ranking 76th of 137 Transportation stocks.
  • DSKE, HTLD, and DAC are the stocks whose asset turnover ratios are most correlated with GOGL.

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

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.265 0.412 0.060
2021-06-30 0.265 0.412 0.060
2021-03-31 0.226 0.329 0.025
2020-12-31 0.222 0.256 -0.026
2020-12-31 0.222 0.256 -0.026
2020-09-30 0.244 0.252 -0.020

GOGL Price Target

For more insight on analysts targets of GOGL, see our GOGL 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 $11.29 Average Broker Recommendation 1.44 (Moderate Buy)

GOGL Stock Price Chart Interactive Chart >

Price chart for GOGL

GOGL Price/Volume Stats

Current price $9.38 52-week high $16.46
Prev. close $9.18 52-week low $7.24
Day low $9.35 Volume 1,261,000
Day high $9.55 Avg. volume 1,955,233
50-day MA $9.57 Dividend yield 8.66%
200-day MA $9.74 Market Cap 1.34B

Golden Ocean Group Limited (GOGL) Company Bio

Golden Ocean Group Limited engages in the transportation of dry bulk cargoes in the Capesize and Panamax markets. The company transports ores, coal, grains, and fertilizers along worldwide shipping routes. The company was founded in 2004 and is based in Hamilton, Bermuda.

GOGL Latest News Stream

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

GOGL Latest Social Stream

Loading social stream, please wait...

View Full GOGL Social Stream

Latest GOGL News From Around the Web

Below are the latest news stories about GOLDEN OCEAN GROUP LTD that investors may wish to consider to help them evaluate GOGL as an investment opportunity.

There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...

Yahoo | March 20, 2023

GOGL - Filing of 2022 Annual Report on Form 20-F

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website,, or in the link below. The Annual Report is also available on the website of the Commission, Shareholders may also request a hard copy of the Annual

Yahoo | March 16, 2023

12 Dividend Giants with Lowest Short Interest

In this article, we discuss 12 dividend giants with the lowest short interest. You can skip our detailed analysis of dividend stocks and their performance in the past, and go directly to read 5 Dividend Giants with Lowest Short Interest. Short interest refers to the total number of shares of a particular stock that investors […]

Yahoo | March 8, 2023

Those who invested in Golden Ocean Group (NASDAQ:GOGL) three years ago are up 306%

It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes...

Yahoo | March 4, 2023

Golden Ocean Group Full Year 2022 Earnings: Beats Expectations

Golden Ocean Group ( NASDAQ:GOGL ) Full Year 2022 Results Key Financial Results Revenue: US$1.11b (down 7.3% from FY...

Yahoo | February 18, 2023

Read More 'GOGL' Stories Here

GOGL Price Returns

1-mo N/A
3-mo 5.11%
6-mo 20.36%
1-year -5.76%
3-year 396.53%
5-year 95.67%
YTD 10.07%
2022 15.44%
2021 135.46%
2020 -19.32%
2019 -0.15%
2018 -20.18%

GOGL Dividends

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

Continue Researching GOGL

Here are a few links from around the web to help you further your research on Golden Ocean Group Ltd's stock as an investment opportunity:

Golden Ocean Group Ltd (GOGL) Stock Price | Nasdaq
Golden Ocean Group Ltd (GOGL) Stock Quote, History and News - Yahoo Finance
Golden Ocean Group Ltd (GOGL) Stock Price and Basic Information | MarketWatch

Get Free Updates

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

Page generated in 1.1854 seconds.