Symbols / GNK $20.63 -4.80%
GNK Chart
About
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. It operates through two segments: major bulk and minor bulk fleet. 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. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Marine Shipping | Market Cap | 893.65M |
| Enterprise Value | 1.10B | Income | -4.37M | Sales | 342.05M |
| Book/sh | 20.73 | Cash/sh | 1.28 | Dividend Yield | 4.29% |
| Payout | 3.40% | Employees | 1056 | IPO | — |
| P/E | — | Forward P/E | 13.07 | PEG | — |
| P/S | 2.61 | P/B | 1.00 | P/C | — |
| EV/EBITDA | 18.08 | EV/Sales | 3.22 | Quick Ratio | 1.55 |
| Current Ratio | 2.39 | Debt/Eq | 21.68 | LT Debt/Eq | — |
| EPS (ttm) | -0.10 | EPS next Y | 1.58 | EPS Growth | 21.70% |
| Revenue Growth | 10.80% | Earnings | 2026-05-06 | ROA | 0.46% |
| ROE | -0.50% | ROIC | — | Gross Margin | 35.73% |
| Oper. Margin | 17.32% | Profit Margin | -1.28% | Shs Outstand | 43.32M |
| Shs Float | 35.88M | Short Float | 2.77% | Short Ratio | 2.66 |
| Short Interest | — | 52W High | 24.81 | 52W Low | 11.20 |
| Beta | 1.14 | Avg Volume | 429.18K | Volume | 413.05K |
| Target Price | $27.62 | Recom | Buy | Prev Close | $21.67 |
| Price | $20.63 | Change | -4.80% |
Valuation Models
Price estimates from analyst targets and simple models.
Ratings
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-19 | down | Alliance Global Partners | Buy → Neutral | — |
| 2025-08-07 | main | Jefferies | Buy → Buy | $19 |
| 2025-05-08 | main | Jefferies | Buy → Buy | $17 |
| 2025-02-20 | main | Jefferies | Buy → Buy | $19 |
| 2024-11-07 | main | Jefferies | Buy → Buy | $25 |
| 2024-10-23 | down | Stifel | Buy → Hold | $17 |
| 2024-09-04 | init | Deutsche Bank | — → Buy | $22 |
| 2024-07-01 | main | Alliance Global Partners | Buy → Buy | $27 |
| 2024-05-10 | main | B. Riley Securities | Buy → Buy | $30 |
| 2024-05-09 | main | Jefferies | Buy → Buy | $27 |
| 2024-04-19 | main | Stifel | Buy → Buy | $23 |
| 2024-01-05 | down | BTIG | Buy → Neutral | — |
| 2023-11-30 | main | Jefferies | Buy → Buy | $20 |
| 2023-10-19 | main | Stifel | Buy → Buy | $22 |
| 2023-07-21 | main | BTIG | Buy → Buy | $20 |
| 2023-07-19 | main | Stifel | Buy → Buy | $23 |
| 2023-06-06 | main | Jefferies | Buy → Buy | $18 |
| 2023-04-25 | main | Stifel | — → Buy | $24 |
| 2023-02-23 | main | BTIG | Buy → Buy | $22 |
| 2023-02-23 | reit | Jefferies | — → Buy | $20 |
News
RSS: Latest GNK news- Genco Shipping & Trading (NYSE:GNK) Trading Down 6.5% - Here's Why - MarketBeat Wed, 11 Mar 2026 17
- Diana ups Genco offer to $23.50 a share; board now weighing proposal - Stock Titan Fri, 06 Mar 2026 18
- Genco Shipping & Trading Limited (GNK) Delivers Strong Performance Amid Dry Bulk Market Activity - Yahoo Finance Mon, 09 Mar 2026 11
- Is Genco Shipping & Trading Limited (GNK) Stock Outpacing Its Transportation Peers This Year? - Nasdaq ue, 03 Mar 2026 14
- Analysts Have Conflicting Sentiments on These Industrial Goods Companies: QXO Inc (QXO), Clarkson (OtherCKNHF) and Genco Shipping (GNK) - The Globe and Mail Wed, 11 Mar 2026 08
- Diana Shipping raises offer for Genco Shipping to $23.50/share (DSX:NYSE) - Seeking Alpha Fri, 06 Mar 2026 16
- Did Genco’s New Newcastlemax Delivery Just Shift Genco Shipping & Trading's (GNK) Investment Narrative? - simplywall.st Fri, 06 Mar 2026 05
- Genco shipping CEO sells $928k in GNK stock - Investing.com Mon, 23 Feb 2026 08
- Genco adds 208,000-dwt cargo ship, eyeing higher freight income and dividends - Stock Titan hu, 05 Mar 2026 13
- American Century Companies Inc. Purchases 62,030 Shares of Genco Shipping & Trading Limited $GNK - MarketBeat Mon, 09 Mar 2026 07
- 1 Mooning Industrials Stock Worth Your Attention and 2 That Underwhelm - Finviz Mon, 09 Mar 2026 10
- Adamo of Genco Shipping sells $150k in GNK stock - Investing.com Mon, 23 Feb 2026 08
- Genco Shipping & Trading Limited $GNK Shares Acquired by Citigroup Inc. - MarketBeat hu, 05 Mar 2026 08
- 1 Industrials Stock to Research Further and 2 Facing Challenges - StockStory Fri, 06 Mar 2026 11
- How Genco Shipping & Trading Limited New (marshall Islands) (GNK) Affects Rotational Strategy Timing - Stock Traders Daily Sun, 08 Mar 2026 05
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 18450 | 436527.0 | — | Sale at price 23.66 per share. | CHRISTENSEN JESPER | Officer | — | 2026-02-23 00:00:00 | D |
| 1 | 13315 | 315006.0 | — | Sale at price 23.63 - 23.66 per share. | ALLEN PETER GEORGE | Chief Financial Officer | — | 2026-02-23 00:00:00 | D |
| 2 | 39244 | 928513.0 | — | Sale at price 23.66 per share. | WOBENSMITH JOHN C | Chief Executive Officer | — | 2026-02-23 00:00:00 | D |
| 3 | 6340 | 150068.0 | — | Sale at price 23.67 per share. | ADAMO JOSEPH | Officer | — | 2026-02-23 00:00:00 | D |
| 4 | 14087 | nan | — | — | ADAMO JOSEPH | Officer | — | 2026-02-23 00:00:00 | D |
| 5 | 38438 | nan | — | — | CHRISTENSEN JESPER | Officer | — | 2026-02-23 00:00:00 | D |
| 6 | 28015 | 21584.0 | — | Conversion of Exercise of derivative security at price 9.91 per share. | ALLEN PETER GEORGE | Chief Financial Officer | — | 2026-02-23 00:00:00 | D |
| 7 | 78486 | nan | — | — | WOBENSMITH JOHN C | Chief Executive Officer | — | 2026-02-23 00:00:00 | D |
| 8 | 8260 | 192210.0 | — | Sale at price 23.27 per share. | CHRISTENSEN JESPER | Officer | — | 2026-02-18 00:00:00 | D |
| 9 | 6232 | 145019.0 | — | Sale at price 23.27 per share. | ALLEN PETER GEORGE | Chief Financial Officer | — | 2026-02-18 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 2.07M | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.21 | 0.00 | 0.21 |
| NormalizedEBITDA | 86.41M | 150.02M | 106.06M | 230.06M |
| TotalUnusualItems | -1.33M | 9.87M | -41.72M | 0.00 |
| TotalUnusualItemsExcludingGoodwill | -1.33M | 9.87M | -41.72M | 0.00 |
| NetIncomeFromContinuingOperationNetMinorityInterest | -4.37M | 76.40M | -12.87M | 158.58M |
| ReconciledDepreciation | 77.34M | 70.10M | 67.92M | 61.61M |
| ReconciledCostOfRevenue | 296.05M | 306.33M | 315.66M | 340.68M |
| EBITDA | 85.08M | 159.90M | 64.34M | 230.06M |
| EBIT | 7.75M | 89.79M | -3.58M | 168.46M |
| NetInterestIncome | -10.78M | -10.32M | -6.11M | -8.05M |
| InterestExpense | 12.26M | 13.30M | 8.78M | 9.09M |
| InterestIncome | 1.48M | 2.98M | 2.67M | 1.04M |
| NormalizedIncome | -3.04M | 68.60M | 28.85M | 158.58M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -4.37M | 76.40M | -12.87M | 158.58M |
| TotalExpenses | 333.93M | 345.84M | 347.95M | 369.70M |
| RentExpenseSupplemental | 5.96M | 9.07M | 9.13M | 27.13M |
| TotalOperatingIncomeAsReported | 7.47M | 87.05M | -5.85M | 167.24M |
| DilutedAverageShares | 43.37M | 43.65M | 42.77M | 42.92M |
| BasicAverageShares | 43.37M | 43.05M | 42.77M | 42.41M |
| DilutedEPS | -0.10 | 1.75 | -0.30 | 3.70 |
| BasicEPS | -0.10 | 1.77 | -0.30 | 3.74 |
| DilutedNIAvailtoComStockholders | -4.37M | 76.40M | -12.87M | 158.58M |
| NetIncomeCommonStockholders | -4.37M | 76.40M | -12.87M | 158.58M |
| NetIncome | -4.37M | 76.40M | -12.87M | 158.58M |
| MinorityInterests | 149.00K | -95.00K | -514.00K | -788.00K |
| NetIncomeIncludingNoncontrollingInterests | -4.51M | 76.50M | -12.36M | 159.36M |
| NetIncomeContinuousOperations | -4.51M | 76.50M | -12.36M | 159.36M |
| PretaxIncome | -4.51M | 76.50M | -12.36M | 159.36M |
| OtherIncomeExpense | -1.86M | 9.64M | -42.12M | 178.00K |
| OtherNonOperatingIncomeExpenses | -531.00K | -234.00K | -396.00K | 178.00K |
| SpecialIncomeCharges | -1.33M | 9.87M | -41.72M | 0.00 |
| GainOnSaleOfPPE | 0.00 | 16.47M | 0.00 | 0.00 |
| OtherSpecialCharges | 678.00K | 4.41M | ||
| ImpairmentOfCapitalAssets | 651.00K | 6.59M | 41.72M | 0.00 |
| NetNonOperatingInterestIncomeExpense | -10.78M | -10.32M | -6.11M | -8.05M |
| InterestExpenseNonOperating | 12.26M | 13.30M | 8.78M | 9.09M |
| InterestIncomeNonOperating | 1.48M | 2.98M | 2.67M | 1.04M |
| OperatingIncome | 8.12M | 77.18M | 35.87M | 167.24M |
| OperatingExpense | 37.88M | 39.51M | 32.29M | 29.02M |
| OtherOperatingExpenses | 7.13M | 10.37M | 4.02M | 3.31M |
| SellingGeneralAndAdministration | 30.75M | 29.14M | 28.27M | 25.71M |
| GeneralAndAdministrativeExpense | 30.75M | 29.14M | 28.27M | 25.71M |
| OtherGandA | 30.75M | 29.14M | 28.27M | 25.71M |
| GrossProfit | 46.00M | 116.68M | 68.16M | 196.26M |
| CostOfRevenue | 296.05M | 306.33M | 315.66M | 340.68M |
| TotalRevenue | 342.05M | 423.02M | 383.82M | 536.93M |
| OperatingRevenue | 342.05M | 423.02M | 383.82M | 536.93M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 43.24M | 42.76M | 42.55M | 42.33M |
| ShareIssued | 43.24M | 42.76M | 42.55M | 42.33M |
| NetDebt | 133.54M | 38.48M | 143.63M | 106.78M |
| TotalDebt | 194.62M | 89.22M | 194.26M | 171.12M |
| TangibleBookValue | 896.48M | 926.74M | 913.26M | 967.43M |
| InvestedCapital | 1.09B | 1.01B | 1.10B | 1.13B |
| WorkingCapital | 63.40M | 57.33M | 121.99M | 88.89M |
| NetTangibleAssets | 896.48M | 926.74M | 913.26M | 967.43M |
| CapitalLeaseObligations | 5.54M | 7.04M | 4.10M | 6.20M |
| CommonStockEquity | 896.48M | 926.74M | 913.26M | 967.43M |
| TotalCapitalization | 1.09B | 1.01B | 1.10B | 1.13B |
| TotalEquityGrossMinorityInterest | 897.82M | 928.23M | 914.65M | 968.31M |
| MinorityInterest | 1.34M | 1.49M | 1.39M | 876.00K |
| StockholdersEquity | 896.48M | 926.74M | 913.26M | 967.43M |
| GainsLossesNotAffectingRetainedEarnings | 0.00 | 527.00K | 6.48M | 825.00K |
| OtherEquityAdjustments | 527.00K | 6.48M | 825.00K | |
| RetainedEarnings | -569.08M | -564.72M | -641.12M | -628.25M |
| AdditionalPaidInCapital | 1.47B | 1.49B | 1.55B | 1.59B |
| CapitalStock | 432.00K | 427.00K | 425.00K | 423.00K |
| CommonStock | 432.00K | 427.00K | 425.00K | 423.00K |
| TotalLiabilitiesNetMinorityInterest | 240.29M | 128.37M | 227.26M | 205.56M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 194.62M | 87.71M | 191.97M | 169.02M |
| NonCurrentDeferredLiabilities | 0.00 | |||
| NonCurrentDeferredRevenue | 0.00 | |||
| LongTermDebtAndCapitalLeaseObligation | 194.62M | 87.71M | 191.97M | 169.02M |
| LongTermCapitalLeaseObligation | 5.54M | 5.54M | 1.80M | 4.10M |
| LongTermDebt | 189.08M | 82.17M | 190.17M | 164.92M |
| CurrentLiabilities | 45.67M | 40.66M | 35.29M | 36.54M |
| CurrentDeferredLiabilities | 8.83M | 4.67M | 8.75M | 4.96M |
| CurrentDeferredRevenue | 8.83M | 4.67M | 8.75M | 4.96M |
| CurrentDebtAndCapitalLeaseObligation | 1.50M | 2.29M | 2.11M | 1.86M |
| CurrentCapitalLeaseObligation | 0.00 | 1.50M | 2.29M | 2.11M |
| PayablesAndAccruedExpenses | 36.84M | 34.49M | 24.25M | 29.48M |
| CurrentAccruedExpenses | 18.20M | 17.01M | 13.60M | 13.31M |
| Payables | 18.64M | 17.48M | 10.65M | 16.16M |
| AccountsPayable | 18.64M | 17.48M | 10.65M | 16.16M |
| TotalAssets | 1.14B | 1.06B | 1.14B | 1.17B |
| TotalNonCurrentAssets | 1.03B | 958.61M | 984.63M | 1.05B |
| OtherNonCurrentAssets | 315.00K | 315.00K | 315.00K | |
| NonCurrentDeferredAssets | 62.39M | 30.05M | 29.50M | 32.25M |
| FinancialAssets | 0.00 | 423.00K | 1.17M | |
| NetPPE | 966.65M | 928.56M | 954.81M | 1.02B |
| AccumulatedDepreciation | -385.05M | -332.62M | -304.51M | -309.35M |
| GrossPPE | 1.35B | 1.26B | 1.26B | 1.32B |
| Leases | 1.85M | 1.58M | 1.59M | 1.58M |
| ConstructionInProgress | 14.59M | 0.00 | 0.00 | 18.54M |
| OtherProperties | 5.25M | 6.36M | 2.63M | 4.08M |
| MachineryFurnitureEquipment | 2.02M | 1.91M | 1.76M | 1.56M |
| CurrentAssets | 109.06M | 97.99M | 157.27M | 125.43M |
| OtherCurrentAssets | 1.91M | 1.77M | 823.00K | 1.18M |
| HedgingAssetsCurrent | 0.00 | 572.00K | 6.31M | 0.00 |
| AssetsHeldForSaleCurrent | 0.00 | 55.44M | 0.00 | 0.00 |
| CurrentDeferredAssets | 2.17M | 1.08M | 1.94M | 2.47M |
| RestrictedCash | 0.00 | 315.00K | 0.00 | 5.64M |
| PrepaidAssets | 9.03M | 6.83M | 5.99M | 3.56M |
| Inventory | 25.19M | 22.23M | 26.75M | 21.60M |
| Receivables | 15.23M | 22.07M | 19.22M | 26.51M |
| OtherReceivables | 943.00K | 697.00K | 1.40M | 1.18M |
| AccountsReceivable | 14.28M | 21.38M | 17.82M | 25.33M |
| AllowanceForDoubtfulAccountsReceivable | -519.00K | -1.62M | -3.26M | -2.14M |
| GrossAccountsReceivable | 14.80M | 23.00M | 21.07M | 27.47M |
| CashCashEquivalentsAndShortTermInvestments | 55.54M | 43.69M | 46.54M | 58.14M |
| CashAndCashEquivalents | 55.54M | 43.69M | 46.54M | 58.14M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -60.55M | 70.17M | -2.23M | 133.28M |
| RepaymentOfDebt | -15.33M | -130.00M | -245.75M | -75.00M |
| IssuanceOfDebt | 125.33M | 20.00M | 274.75M | 0.00 |
| CapitalExpenditure | -92.44M | -56.68M | -94.01M | -56.04M |
| EndCashPosition | 55.54M | 44.01M | 46.86M | 64.10M |
| BeginningCashPosition | 44.01M | 46.86M | 64.10M | 120.53M |
| ChangesInCash | 11.54M | -2.85M | -17.24M | -56.43M |
| FinancingCashFlow | 71.22M | -177.55M | -17.40M | -190.74M |
| CashFlowFromContinuingFinancingActivities | 71.22M | -177.55M | -17.40M | -190.74M |
| NetOtherFinancingCharges | -5.98M | -38.00K | -5.49M | -11.00K |
| CashDividendsPaid | -32.81M | -67.51M | -40.91M | -115.73M |
| CommonStockDividendPaid | -32.81M | -67.51M | -40.91M | -115.73M |
| NetIssuancePaymentsOfDebt | 110.00M | -110.00M | 29.00M | -75.00M |
| NetShortTermDebtIssuance | 0.00 | -75.00M | -449.23M | |
| ShortTermDebtPayments | 0.00 | -75.00M | -449.23M | |
| ShortTermDebtIssuance | 0.00 | 350.00M | ||
| NetLongTermDebtIssuance | 110.00M | -110.00M | 29.00M | -75.00M |
| LongTermDebtPayments | -15.33M | -130.00M | -245.75M | -75.00M |
| LongTermDebtIssuance | 125.33M | 20.00M | 274.75M | 0.00 |
| InvestingCashFlow | -91.57M | 47.85M | -91.62M | -55.02M |
| CashFlowFromContinuingInvestingActivities | -91.57M | 47.85M | -91.62M | -55.02M |
| NetOtherInvestingChanges | 864.00K | 1.15M | 2.39M | 1.02M |
| NetPPEPurchaseAndSale | -92.44M | 46.70M | -94.01M | -56.04M |
| SaleOfPPE | 0.00 | 103.38M | 0.00 | 0.00 |
| PurchaseOfPPE | -92.44M | -56.68M | -94.01M | -56.04M |
| OperatingCashFlow | 31.89M | 126.85M | 91.78M | 189.32M |
| CashFlowFromContinuingOperatingActivities | 31.89M | 126.85M | 91.78M | 189.32M |
| ChangeInWorkingCapital | 4.18M | 1.76M | -2.92M | -11.69M |
| ChangeInOtherWorkingCapital | 4.16M | -4.08M | 3.79M | -5.12M |
| ChangeInOtherCurrentLiabilities | -1.50M | -2.22M | -2.11M | -1.86M |
| ChangeInPayablesAndAccruedExpense | 2.07M | 9.61M | -2.21M | -2.13M |
| ChangeInPayable | 5.41M | |||
| ChangeInAccountPayable | 5.41M | |||
| ChangeInPrepaidAssets | -4.68M | -2.50M | -4.77M | -317.00K |
| ChangeInInventory | -2.95M | 4.51M | -5.15M | 2.96M |
| ChangeInReceivables | 7.09M | -3.56M | 7.52M | -5.22M |
| ChangesInAccountReceivables | 7.09M | -3.56M | 7.52M | -5.22M |
| OtherNonCashItems | -53.49M | -17.53M | -8.31M | -23.29M |
| StockBasedCompensation | 7.05M | 5.85M | 5.53M | 3.24M |
| AssetImpairmentCharge | 651.00K | 6.59M | 41.72M | 0.00 |
| AmortizationOfSecurities | 0.00 | 45.00K | 210.00K | 86.00K |
| DepreciationAmortizationDepletion | 77.34M | 70.10M | 67.92M | 61.61M |
| DepreciationAndAmortization | 77.34M | 70.10M | 67.92M | 61.61M |
| Depreciation | 77.34M | 70.10M | 67.92M | 61.61M |
| OperatingGainsLosses | 678.00K | -16.47M | -516.00K | |
| GainLossOnSaleOfPPE | 0.00 | -16.47M | 0.00 | 0.00 |
| NetIncomeFromContinuingOperations | -4.51M | 76.50M | -12.36M | 159.36M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for GNK
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|