NASDAQ:GRIN Grindrod Shipping (GRIN) Stock Price, News & Analysis → Altcoin FRENZY Alert… (From Crypto 101 Media) (Ad) Free GRIN Stock Alerts $10.57 +0.07 (+0.67%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$10.02▼$10.5750-Day Range$8.67▼$10.8952-Week Range$6.80▼$14.90Volume9,663 shsAverage Volume17,708 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/Downside18.3% Upside$12.50 Price TargetShort InterestHealthy0.65% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.48Based 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.1.15 out of 5 stars 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 18.3% from its current price of $10.57.Amount of Analyst CoverageGrindrod Shipping has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.65% 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 1.4, 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 20.60%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrindrod Shipping has a dividend yield of 0.29%, 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 3.0 News and Social Media Coverage News SentimentGrindrod Shipping has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment 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 Interest8 people have searched for GRIN on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows2 people have added Grindrod Shipping to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 -21.14, 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 -21.14, 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 Crypto Swap ProfitsGrab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here 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 22, 2024 | americanbankingnews.comFinancial Analysis: Caravelle International Group (NASDAQ:CACO) versus Grindrod Shipping (NASDAQ:GRIN)March 15, 2024 | msn.comGrindrod Shipping Secures New $83 Million Loan to Refinance DebtMarch 29, 2024 | Behind the Markets (Ad)4x Better than Bitcoin4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 8, 2024 | msn.comGrindrod dividend soars after good growth in Maputo port volumesFebruary 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, 2023March 29, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.February 21, 2024 | globenewswire.comGrindrod Shipping Holdings Ltd. Announces Date for Unaudited Financial Results for the Second Half and Full Year Ended December 31, 2023January 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 GrindrodSee 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 Earnings2/28/2024Today3/28/2024Next 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+18.3%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$10.07 per share Price / Cash Flow1.05 Book Value$14.93 per share Price / Book0.71Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta0.73 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsStealthGasNASDAQ:GASSSeanergy MaritimeNASDAQ:SHIPEuroseasNASDAQ:ESEAToroNASDAQ:TOROHimalaya ShippingNYSE:HSHPView 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 equities 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 equities 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 1-year price objectives for Grindrod Shipping's shares. Their GRIN share price targets range from $12.50 to $12.50. On average, they expect the company's stock price to reach $12.50 in the next year. This suggests a possible upside of 18.3% 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 on January 1st, 2024. Since then, GRIN shares have increased by 17.3% and is now trading at $10.57. View the best growth stocks for 2024 here. Are investors shorting Grindrod Shipping? Grindrod Shipping saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 21,200 shares, a decrease of 20.6% from the February 29th total of 26,700 shares. Based on an average daily volume of 15,200 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.7% of the shares of the company 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) posted its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.04) earnings per share for the quarter. The business earned $69.17 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 declared a -- dividend on Friday, September 29th. Investors of record on Friday, October 20th will be given 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 0.29%. 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 variety 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 3/29/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & CompanyAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry Research 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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