B. Riley Issues Optimistic Forecast for GNK Earnings

Genco Shipping & Trading Limited (NYSE:GNK) – Research analysts at B. Riley lifted their Q4 2025 EPS estimates for shares of Genco Shipping & Trading in a note issued to investors on Thursday, July 24th. B. Riley analyst L. Burke now anticipates that the shipping company will earn $0.28 per share for the quarter, up from their previous forecast of $0.24. The consensus estimate for Genco Shipping & Trading’s current full-year earnings is $0.48 per share.

Other research analysts have also issued reports about the stock. Dnb Nor Markets upgraded shares of Genco Shipping & Trading to a “strong-buy” rating in a report on Thursday, May 1st. Jefferies Financial Group restated a “buy” rating and issued a $17.00 price objective on shares of Genco Shipping & Trading in a report on Thursday, May 8th. Wall Street Zen lowered shares of Genco Shipping & Trading from a “hold” rating to a “sell” rating in a report on Wednesday, May 21st. Finally, Pareto Securities upgraded shares of Genco Shipping & Trading to a “strong-buy” rating in a report on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $18.67.

Genco Shipping & Trading Stock Down 0.2%

Shares of NYSE GNK opened at $16.16 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.28 and a debt-to-equity ratio of 0.09. Genco Shipping & Trading has a 12 month low of $11.20 and a 12 month high of $20.00. The firm has a market capitalization of $694.02 million, a PE ratio of 15.53, a price-to-earnings-growth ratio of 12.56 and a beta of 1.18. The firm has a fifty day simple moving average of $13.94 and a two-hundred day simple moving average of $13.80.

Genco Shipping & Trading (NYSE:GNK) last issued its quarterly earnings data on Wednesday, May 7th. The shipping company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.02). Genco Shipping & Trading had a return on equity of 4.22% and a net margin of 12.12%. The company had revenue of $41.64 million during the quarter, compared to the consensus estimate of $43.49 million. During the same quarter last year, the company posted $0.49 earnings per share. The firm’s revenue for the quarter was down 39.3% compared to the same quarter last year.

Genco Shipping & Trading Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 23rd were paid a $0.15 dividend. The ex-dividend date was Thursday, May 22nd. This represents a dividend yield of 4.28%. Genco Shipping & Trading’s payout ratio is 57.69%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Banque Transatlantique SA bought a new position in shares of Genco Shipping & Trading in the 4th quarter worth about $28,000. Signaturefd LLC increased its stake in shares of Genco Shipping & Trading by 239.0% in the 2nd quarter. Signaturefd LLC now owns 2,549 shares of the shipping company’s stock worth $33,000 after acquiring an additional 1,797 shares in the last quarter. Summit Securities Group LLC bought a new position in shares of Genco Shipping & Trading in the 1st quarter worth about $39,000. Farther Finance Advisors LLC increased its stake in shares of Genco Shipping & Trading by 303.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 3,275 shares of the shipping company’s stock worth $43,000 after acquiring an additional 2,463 shares in the last quarter. Finally, New Age Alpha Advisors LLC bought a new stake in Genco Shipping & Trading during the 4th quarter valued at about $56,000. 58.62% of the stock is currently owned by institutional investors.

Genco Shipping & Trading Company Profile

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, bauxite, steel products, and other drybulk cargoes. It operates through the Major Bulk and Minor Bulk segments. The Major Bulk segment focuses on Capesize vessels. The Minor Bulk segment consists of Ultramax and Supramax vessels.