Genco Shipping & Trading Ltd
$ 24.17
1.47%
15 Apr - close price
- Market Cap 1,031,830,000 USD
- Current Price $ 24.17
- High / Low $ 24.25 / 23.73
- Stock P/E N/A
- Book Value 20.73
- EPS -0.10
- Next Earning Report 2026-05-06
- Dividend Per Share $0.95
- Dividend Yield 3.97 %
- Next Dividend Date -
- ROA N/A %
- ROE N/A %
- 52 Week High 24.35
- 52 Week Low 11.50
About
Genco Shipping & Trading Limited, is dedicated to the shipping of dry bulk cargo worldwide. The company is headquartered in New York, New York.
Analyst Target Price
$27.62
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-02-17 | 2025-11-05 | 2025-08-06 | 2025-05-07 | 2025-02-19 | 2024-11-06 | 2024-08-07 | 2024-05-08 | 2024-02-21 | 2023-11-08 | 2023-08-04 | 2023-05-03 |
| Reported EPS | 0.39 | -0.01 | -0.14 | -0.28 | 0.2937 | 0.41 | 0.46 | 0.49 | 0.43 | -0.09 | 0.27 | 0.06 |
| Estimated EPS | 0.4259 | 0.23 | -0.13 | -0.28 | 0.3012 | 0.41 | 0.45 | 0.52 | 0.42 | -0.11 | 0.24 | 0.13 |
| Surprise | -0.0359 | -0.24 | -0.01 | 0 | -0.0075 | 0 | 0.01 | -0.03 | 0.01 | 0.02 | 0.03 | -0.07 |
| Surprise Percentage | -8.4292% | -104.3478% | -7.6923% | 0% | -2.49% | 0% | 2.2222% | -5.7692% | 2.381% | 18.1818% | 12.5% | -53.8462% |
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-05-06 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | 0.0 |
| Currency | USD |
Previous Dividend Records
| Mar 2026 | Nov 2025 | Aug 2025 | May 2025 | Mar 2025 | Nov 2024 | Aug 2024 | May 2024 | Mar 2024 | Nov 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-03-18 | 2025-11-24 | 2025-08-25 | 2025-05-30 | 2025-03-18 | 2024-11-25 | 2024-08-26 | 2024-05-30 | 2024-03-13 | 2023-11-30 |
| Amount | $0.5 | $0.15 | $0.15 | $0.15 | $0.3 | $0.4 | $0.34 | $0.42 | $0.41 | $0.15 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: GNK
2026-04-15 20:39:20
Genco Shipping will host a conference call on May 7, 2026, at 8:30 a.m. Eastern Time to discuss its first-quarter 2026 financial results, which will be released on May 6, 2026, after market close. The call will be broadcast live and available for replay on the company's website. Genco Shipping is a U.S.-based dry bulk shipping company, and analysts generally forecast its stock price to rise, with a "Moderate Buy" rating.
2026-04-15 20:39:20
Genco Shipping & Trading Limited (NYSE: GNK) announced it will release its first-quarter 2026 financial results after market close on Wednesday, May 6, 2026. A conference call and webcast to discuss these results will follow on Thursday, May 7, 2026, at 8:30 a.m. ET. Investors can register online to participate in the live call, which will include a slide presentation and be available for replay on the company's website.
2026-04-13 21:39:46
Diana Shipping Inc. (NYSE: DSX), the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) with 14.8% ownership, has filed a proxy statement to elect six independent directors to Genco's board and acquire the company for $23.50 per share in cash. Diana alleges that Genco's board has engaged in entrenchment tactics, including adopting a poison pill and delaying its annual meeting, to avoid engagement on the offer. Diana's offer is fully financed and supported by a parallel agreement for Star Bulk to acquire 16 Genco vessels.
2026-04-13 21:39:46
Genco Shipping & Trading Limited has issued a strong statement urging shareholders to disregard Diana Shipping Inc.'s inadequate takeover proposal and proxy contest. Genco highlights its superior shareholder returns, comprehensive value strategy, and a track record of strong corporate governance, positioning itself well for future growth in the drybulk market. The company argues that Diana's proposal undervalues Genco and aims to seize control of the board, potentially jeopardizing shareholder interests with a history of related-party transactions and poor returns.
2026-04-13 16:10:29
Diana Shipping Inc. has sent an open letter to Genco Shipping & Trading shareholders, urging them to elect six independent director nominees to Genco's Board. Diana, Genco's largest shareholder with 14.8% ownership, is critical of Genco's board for rejecting its all-cash offer of $23.50 per share and for implementing entrenchment tactics, including a poison pill and delayed annual meeting. Diana argues that its offer provides significant premium value and that Genco's current board is prioritizing self-interest over shareholder value.
2026-04-11 03:10:00
Genco Shipping & Trading Limited (NYSE:GNK) has received a "Moderate Buy" consensus recommendation from brokerages, with an average 12-month target price of $21.00. The company recently increased its quarterly dividend to $0.50, resulting in an annualized yield of approximately 8.7%. Despite mixed fundamentals including a negative net margin and return on equity, Genco beat EPS and revenue expectations in its last quarterly report.
