NASDAQ:GRIN Grindrod Shipping (GRIN) Stock Price, News & Analysis → Did you make $29,000 two days with AI options trades? (From Prosper Trading Academy) (Ad) Free GRIN Stock Alerts $10.53 +0.59 (+5.94%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$10.00▼$10.6050-Day Range$8.67▼$10.5352-Week Range$6.80▼$14.90Volume37,402 shsAverage Volume14,168 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield0.28%Price Target$12.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Grindrod Shipping alerts: Email Address Grindrod Shipping MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside18.7% Upside$12.50 Price TargetShort InterestHealthy0.82% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.31 out of 5 starsTransportation Sector103rd out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry25th out of 28 stocks 2.0 Analyst's Opinion Consensus RatingGrindrod Shipping has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.50, Grindrod Shipping has a forecasted upside of 18.7% from its current price of $10.53.Amount of Analyst CoverageGrindrod Shipping has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.82% of the float of Grindrod Shipping has been sold short.Short Interest Ratio / Days to CoverGrindrod Shipping has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Grindrod Shipping has recently decreased by 14.42%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrindrod Shipping has a dividend yield of 0.31%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthGrindrod Shipping does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GRIN. Previous Next 3.7 News and Social Media Coverage News SentimentGrindrod Shipping has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Grindrod Shipping this week, compared to 0 articles on an average week.Search Interest10 people have searched for GRIN on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Grindrod Shipping to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grindrod Shipping insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.77% of the stock of Grindrod Shipping is held by insiders. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Grindrod Shipping is -21.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Grindrod Shipping is -21.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGrindrod Shipping has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingAI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… ]click here to watch a free presentation where I reveal all the details of this lucrative opportunit About Grindrod Shipping Stock (NASDAQ:GRIN)Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of 15 handysize drybulk carriers and 16 supramax/ultramax drybulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore. Grindrod Shipping Holdings Ltd. operates as a subsidiary of Good Falkirk (MI) Limited.Read More GRIN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GRIN Stock News HeadlinesMarch 15, 2024 | msn.comGrindrod Shipping Secures New $83 Million Loan to Refinance DebtMarch 8, 2024 | msn.comGrindrod dividend soars after good growth in Maputo port volumesMarch 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:February 28, 2024 | markets.businessinsider.comGrindrod Shipping is about to announce earnings — here's what Wall Street expectsFebruary 28, 2024 | globenewswire.comGrindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023February 27, 2024 | benzinga.comEarnings Outlook For Grindrod Shipping HldgsFebruary 21, 2024 | finance.yahoo.comGrindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023February 21, 2024 | globenewswire.comGrindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023March 19, 2024 | Prosper Trading Academy (Ad)Did you make $29,000 two days with AI options trades?What if it was possible to find options trades on autopilot… Using A.I. to find the ones with the highest profit potential… And nearly perfect win rates… You can grab your free copy of my "Ultimate Guide to A.I. Options Trading" by clicking the link below:January 14, 2024 | seekingalpha.comGrindrod Shipping: Favorable Outlook, M&A Completion, And Very CheapJanuary 9, 2024 | seekingalpha.comGrindrod Shipping: When A Young Fleet And Healthy Financials Are Not EnoughJanuary 8, 2024 | seekingalpha.comGenco Shipping: A Quality Company With Excellent Financials And Attractive Dividend YieldsJanuary 8, 2024 | seekingalpha.comSafe Bulkers: My Favorite Bulker Stock To Play The Shipping CycleDecember 15, 2023 | msn.comGrindrod’s dry-bulk terminal in Maputo handles a record-breaking 416220 tons of coalNovember 28, 2023 | finance.yahoo.comGrindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Three Months and Nine Months Ended September 30, 2023November 27, 2023 | msn.comAfrican Bank’s Grindrod Bank reports lower taxed profitOctober 18, 2023 | msn.comGrindord Shipping Holdings goes ex-dividend tomorrowSeptember 26, 2023 | marketwatch.comTaylor Maritime To Sell Its Vessel Managers to Grindrod for Around $11.75 MlnSeptember 25, 2023 | finance.yahoo.comGrindrod Shipping Holdings Ltd. Announces Entry Into Sale and Purchase AgreementsSeptember 25, 2023 | markets.businessinsider.comLeading Dry Bulk Shipping Companies Presenting at Capital Link/DNB New York Maritime ForumSeptember 6, 2023 | msn.comGrindrod Shipping: Large One-Time Distribution Ahead But Uncertainties RemainAugust 2, 2023 | fool.comGrindrod Shipping (NASDAQ: GRIN)July 28, 2023 | finance.yahoo.comGrindrod Shipping Holdings Ltd. Announces Ship Sales and Other TransactionsJuly 17, 2023 | msn.comAlliance Global Partners Upgrades Grindrod Shipping Holdings (GRIN)July 13, 2023 | vernonmorningstar.comGrindrod water restrictions easedMay 10, 2023 | vernonmorningstar.comBoil notice rescinded, water restrictions changed for GrindrodMay 10, 2023 | finance.yahoo.comGrindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Three Months Ended March 31, 2023See More Headlines Receive GRIN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grindrod Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/28/2023Today3/18/2024Next Earnings (Estimated)5/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNASDAQ:GRIN CUSIPN/A CIK1725293 Webwww.grinshipping.com Phone65-6632-1315Fax65-6323-0046Employees607Year Founded1910Price Target and Rating Average Stock Price Target$12.50 High Stock Price Target$12.50 Low Stock Price Target$12.50 Potential Upside/Downside+18.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.50) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,620,000.00 Net Margins-2.49% Pretax Margin-2.31% Return on Equity-2.89% Return on Assets-1.63% Debt Debt-to-Equity Ratio0.51 Current Ratio1.13 Quick Ratio1.01 Sales & Book Value Annual Sales$387.10 million Price / SalesN/A Cash Flow$10.64 per share Price / Cash Flow0.99 Book Value$14.93 per share Price / Book0.71Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.73 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Edward Christopher David Buttery (Age 39)CEO & Executive Director Ms. Deborah DavelChief Financial OfficerMr. Carl AckerleyChief Operating OfficerSharon TingCompany SecretaryKey CompetitorsEuronavNYSE:EURNOkeanis Eco TankersNYSE:ECODynagas LNG PartnersNYSE:DLNGOceanPalNASDAQ:OPC3isNASDAQ:CISSView All CompetitorsInstitutional OwnershipMraz Amerine & Associates Inc.Sold 5,000 shares on 1/31/2024Ownership: 0.000%View All Institutional Transactions GRIN Stock Analysis - Frequently Asked Questions Should I buy or sell Grindrod Shipping stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grindrod Shipping in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GRIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRIN, but not buy additional shares or sell existing shares. View GRIN analyst ratings or view top-rated stocks. What is Grindrod Shipping's stock price target for 2024? 1 brokers have issued 12-month price targets for Grindrod Shipping's stock. Their GRIN share price targets range from $12.50 to $12.50. On average, they expect the company's share price to reach $12.50 in the next year. This suggests a possible upside of 18.7% from the stock's current price. View analysts price targets for GRIN or view top-rated stocks among Wall Street analysts. How have GRIN shares performed in 2024? Grindrod Shipping's stock was trading at $9.01 at the beginning of 2024. Since then, GRIN stock has increased by 16.9% and is now trading at $10.53. View the best growth stocks for 2024 here. Are investors shorting Grindrod Shipping? Grindrod Shipping saw a decrease in short interest in the month of February. As of February 29th, there was short interest totaling 26,700 shares, a decrease of 14.4% from the February 14th total of 31,200 shares. Based on an average trading volume of 15,700 shares, the short-interest ratio is presently 1.7 days. Approximately 0.8% of the company's stock are short sold. View Grindrod Shipping's Short Interest. When is Grindrod Shipping's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024. View our GRIN earnings forecast. How were Grindrod Shipping's earnings last quarter? Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) issued its earnings results on Tuesday, November, 28th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by $0.12. The company earned $112.46 million during the quarter. Grindrod Shipping had a negative net margin of 2.49% and a negative trailing twelve-month return on equity of 2.89%. How often does Grindrod Shipping pay dividends? What is the dividend yield for Grindrod Shipping? Grindrod Shipping announced a -- dividend on Friday, September 29th. Shareholders of record on Friday, October 20th will be paid a dividend of $1.016 per share on Thursday, October 19th. This represents a yield of 27.2%. The ex-dividend date is Thursday, October 19th. Read our dividend analysis for GRIN. Is Grindrod Shipping a good dividend stock? Grindrod Shipping (NASDAQ:GRIN) pays an annual dividend of $0.03 per share and currently has a dividend yield of 0.31%. Read our dividend analysis for GRIN. What other stocks do shareholders of Grindrod Shipping own? Based on aggregate information from My MarketBeat watchlists, some companies that other Grindrod Shipping investors own include Gran Tierra Energy (GTE), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), New Residential Investment (NRZ), Washington Prime Group (WPG), Pennsylvania Real Estate Investment Trust (PEI), Bionano Genomics (BNGO), CBL & Associates Properties (CBL), DHT (DHT) and Zosano Pharma (ZSAN). Who are Grindrod Shipping's major shareholders? Grindrod Shipping's stock is owned by a number of institutional and retail investors. Top institutional investors include Mraz Amerine & Associates Inc. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). How do I buy shares of Grindrod Shipping? Shares of GRIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GRIN) was last updated on 3/19/2024 by MarketBeat.com Staff From Our Partners8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Grindrod Shipping Holdings Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. 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