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.

1. Analyst consensus
$27.63
Mean price target
2. Current target
$20.63
Latest analyst target
3. DCF / Fair value
$-0.48
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$20.63
Low
$25.00
High
$30.00
Mean
$27.63

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
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 Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.002.07M0.000.00
TaxRateForCalcs0.000.210.000.21
NormalizedEBITDA86.41M150.02M106.06M230.06M
TotalUnusualItems-1.33M9.87M-41.72M0.00
TotalUnusualItemsExcludingGoodwill-1.33M9.87M-41.72M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-4.37M76.40M-12.87M158.58M
ReconciledDepreciation77.34M70.10M67.92M61.61M
ReconciledCostOfRevenue296.05M306.33M315.66M340.68M
EBITDA85.08M159.90M64.34M230.06M
EBIT7.75M89.79M-3.58M168.46M
NetInterestIncome-10.78M-10.32M-6.11M-8.05M
InterestExpense12.26M13.30M8.78M9.09M
InterestIncome1.48M2.98M2.67M1.04M
NormalizedIncome-3.04M68.60M28.85M158.58M
NetIncomeFromContinuingAndDiscontinuedOperation-4.37M76.40M-12.87M158.58M
TotalExpenses333.93M345.84M347.95M369.70M
RentExpenseSupplemental5.96M9.07M9.13M27.13M
TotalOperatingIncomeAsReported7.47M87.05M-5.85M167.24M
DilutedAverageShares43.37M43.65M42.77M42.92M
BasicAverageShares43.37M43.05M42.77M42.41M
DilutedEPS-0.101.75-0.303.70
BasicEPS-0.101.77-0.303.74
DilutedNIAvailtoComStockholders-4.37M76.40M-12.87M158.58M
NetIncomeCommonStockholders-4.37M76.40M-12.87M158.58M
NetIncome-4.37M76.40M-12.87M158.58M
MinorityInterests149.00K-95.00K-514.00K-788.00K
NetIncomeIncludingNoncontrollingInterests-4.51M76.50M-12.36M159.36M
NetIncomeContinuousOperations-4.51M76.50M-12.36M159.36M
PretaxIncome-4.51M76.50M-12.36M159.36M
OtherIncomeExpense-1.86M9.64M-42.12M178.00K
OtherNonOperatingIncomeExpenses-531.00K-234.00K-396.00K178.00K
SpecialIncomeCharges-1.33M9.87M-41.72M0.00
GainOnSaleOfPPE0.0016.47M0.000.00
OtherSpecialCharges678.00K4.41M
ImpairmentOfCapitalAssets651.00K6.59M41.72M0.00
NetNonOperatingInterestIncomeExpense-10.78M-10.32M-6.11M-8.05M
InterestExpenseNonOperating12.26M13.30M8.78M9.09M
InterestIncomeNonOperating1.48M2.98M2.67M1.04M
OperatingIncome8.12M77.18M35.87M167.24M
OperatingExpense37.88M39.51M32.29M29.02M
OtherOperatingExpenses7.13M10.37M4.02M3.31M
SellingGeneralAndAdministration30.75M29.14M28.27M25.71M
GeneralAndAdministrativeExpense30.75M29.14M28.27M25.71M
OtherGandA30.75M29.14M28.27M25.71M
GrossProfit46.00M116.68M68.16M196.26M
CostOfRevenue296.05M306.33M315.66M340.68M
TotalRevenue342.05M423.02M383.82M536.93M
OperatingRevenue342.05M423.02M383.82M536.93M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber43.24M42.76M42.55M42.33M
ShareIssued43.24M42.76M42.55M42.33M
NetDebt133.54M38.48M143.63M106.78M
TotalDebt194.62M89.22M194.26M171.12M
TangibleBookValue896.48M926.74M913.26M967.43M
InvestedCapital1.09B1.01B1.10B1.13B
WorkingCapital63.40M57.33M121.99M88.89M
NetTangibleAssets896.48M926.74M913.26M967.43M
CapitalLeaseObligations5.54M7.04M4.10M6.20M
CommonStockEquity896.48M926.74M913.26M967.43M
TotalCapitalization1.09B1.01B1.10B1.13B
TotalEquityGrossMinorityInterest897.82M928.23M914.65M968.31M
MinorityInterest1.34M1.49M1.39M876.00K
StockholdersEquity896.48M926.74M913.26M967.43M
GainsLossesNotAffectingRetainedEarnings0.00527.00K6.48M825.00K
OtherEquityAdjustments527.00K6.48M825.00K
RetainedEarnings-569.08M-564.72M-641.12M-628.25M
AdditionalPaidInCapital1.47B1.49B1.55B1.59B
CapitalStock432.00K427.00K425.00K423.00K
CommonStock432.00K427.00K425.00K423.00K
TotalLiabilitiesNetMinorityInterest240.29M128.37M227.26M205.56M
TotalNonCurrentLiabilitiesNetMinorityInterest194.62M87.71M191.97M169.02M
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredRevenue0.00
LongTermDebtAndCapitalLeaseObligation194.62M87.71M191.97M169.02M
LongTermCapitalLeaseObligation5.54M5.54M1.80M4.10M
LongTermDebt189.08M82.17M190.17M164.92M
CurrentLiabilities45.67M40.66M35.29M36.54M
CurrentDeferredLiabilities8.83M4.67M8.75M4.96M
CurrentDeferredRevenue8.83M4.67M8.75M4.96M
CurrentDebtAndCapitalLeaseObligation1.50M2.29M2.11M1.86M
CurrentCapitalLeaseObligation0.001.50M2.29M2.11M
PayablesAndAccruedExpenses36.84M34.49M24.25M29.48M
CurrentAccruedExpenses18.20M17.01M13.60M13.31M
Payables18.64M17.48M10.65M16.16M
AccountsPayable18.64M17.48M10.65M16.16M
TotalAssets1.14B1.06B1.14B1.17B
TotalNonCurrentAssets1.03B958.61M984.63M1.05B
OtherNonCurrentAssets315.00K315.00K315.00K
NonCurrentDeferredAssets62.39M30.05M29.50M32.25M
FinancialAssets0.00423.00K1.17M
NetPPE966.65M928.56M954.81M1.02B
AccumulatedDepreciation-385.05M-332.62M-304.51M-309.35M
GrossPPE1.35B1.26B1.26B1.32B
Leases1.85M1.58M1.59M1.58M
ConstructionInProgress14.59M0.000.0018.54M
OtherProperties5.25M6.36M2.63M4.08M
MachineryFurnitureEquipment2.02M1.91M1.76M1.56M
CurrentAssets109.06M97.99M157.27M125.43M
OtherCurrentAssets1.91M1.77M823.00K1.18M
HedgingAssetsCurrent0.00572.00K6.31M0.00
AssetsHeldForSaleCurrent0.0055.44M0.000.00
CurrentDeferredAssets2.17M1.08M1.94M2.47M
RestrictedCash0.00315.00K0.005.64M
PrepaidAssets9.03M6.83M5.99M3.56M
Inventory25.19M22.23M26.75M21.60M
Receivables15.23M22.07M19.22M26.51M
OtherReceivables943.00K697.00K1.40M1.18M
AccountsReceivable14.28M21.38M17.82M25.33M
AllowanceForDoubtfulAccountsReceivable-519.00K-1.62M-3.26M-2.14M
GrossAccountsReceivable14.80M23.00M21.07M27.47M
CashCashEquivalentsAndShortTermInvestments55.54M43.69M46.54M58.14M
CashAndCashEquivalents55.54M43.69M46.54M58.14M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-60.55M70.17M-2.23M133.28M
RepaymentOfDebt-15.33M-130.00M-245.75M-75.00M
IssuanceOfDebt125.33M20.00M274.75M0.00
CapitalExpenditure-92.44M-56.68M-94.01M-56.04M
EndCashPosition55.54M44.01M46.86M64.10M
BeginningCashPosition44.01M46.86M64.10M120.53M
ChangesInCash11.54M-2.85M-17.24M-56.43M
FinancingCashFlow71.22M-177.55M-17.40M-190.74M
CashFlowFromContinuingFinancingActivities71.22M-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
NetIssuancePaymentsOfDebt110.00M-110.00M29.00M-75.00M
NetShortTermDebtIssuance0.00-75.00M-449.23M
ShortTermDebtPayments0.00-75.00M-449.23M
ShortTermDebtIssuance0.00350.00M
NetLongTermDebtIssuance110.00M-110.00M29.00M-75.00M
LongTermDebtPayments-15.33M-130.00M-245.75M-75.00M
LongTermDebtIssuance125.33M20.00M274.75M0.00
InvestingCashFlow-91.57M47.85M-91.62M-55.02M
CashFlowFromContinuingInvestingActivities-91.57M47.85M-91.62M-55.02M
NetOtherInvestingChanges864.00K1.15M2.39M1.02M
NetPPEPurchaseAndSale-92.44M46.70M-94.01M-56.04M
SaleOfPPE0.00103.38M0.000.00
PurchaseOfPPE-92.44M-56.68M-94.01M-56.04M
OperatingCashFlow31.89M126.85M91.78M189.32M
CashFlowFromContinuingOperatingActivities31.89M126.85M91.78M189.32M
ChangeInWorkingCapital4.18M1.76M-2.92M-11.69M
ChangeInOtherWorkingCapital4.16M-4.08M3.79M-5.12M
ChangeInOtherCurrentLiabilities-1.50M-2.22M-2.11M-1.86M
ChangeInPayablesAndAccruedExpense2.07M9.61M-2.21M-2.13M
ChangeInPayable5.41M
ChangeInAccountPayable5.41M
ChangeInPrepaidAssets-4.68M-2.50M-4.77M-317.00K
ChangeInInventory-2.95M4.51M-5.15M2.96M
ChangeInReceivables7.09M-3.56M7.52M-5.22M
ChangesInAccountReceivables7.09M-3.56M7.52M-5.22M
OtherNonCashItems-53.49M-17.53M-8.31M-23.29M
StockBasedCompensation7.05M5.85M5.53M3.24M
AssetImpairmentCharge651.00K6.59M41.72M0.00
AmortizationOfSecurities0.0045.00K210.00K86.00K
DepreciationAmortizationDepletion77.34M70.10M67.92M61.61M
DepreciationAndAmortization77.34M70.10M67.92M61.61M
Depreciation77.34M70.10M67.92M61.61M
OperatingGainsLosses678.00K-16.47M-516.00K
GainLossOnSaleOfPPE0.00-16.47M0.000.00
NetIncomeFromContinuingOperations-4.51M76.50M-12.36M159.36M
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