Golden Ocean Group (GOGL) Expected to Announce Earnings on Wednesday

Golden Ocean Group (NASDAQ:GOGL) is projected to release its Q2 2025 results before the market opens on Wednesday, August 27th. Analysts expect Golden Ocean Group to post earnings of ($0.03) per share and revenue of $124.20 million for the quarter. Interested persons can check the company’s upcoming Q2 2025 earningsummary page for the latest details on the call scheduled for Friday, August 29, 2025 at 8:00 AM ET.

Golden Ocean Group (NASDAQ:GOGL) last issued its quarterly earnings results on Wednesday, May 21st. The shipping company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.09). The firm had revenue of $115.00 million during the quarter, compared to analysts’ expectations of $106.48 million. Golden Ocean Group had a return on equity of 5.56% and a net margin of 13.16%. On average, analysts expect Golden Ocean Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Golden Ocean Group Price Performance

Shares of GOGL stock opened at $7.98 on Wednesday. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 14.00 and a beta of 1.09. The business’s fifty day moving average is $8.10 and its 200 day moving average is $8.09. Golden Ocean Group has a twelve month low of $6.27 and a twelve month high of $13.44. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.66.

Analysts Set New Price Targets

Several brokerages recently weighed in on GOGL. Wall Street Zen assumed coverage on Golden Ocean Group in a research note on Thursday, May 22nd. They issued a “hold” rating on the stock. Jefferies Financial Group decreased their price target on Golden Ocean Group from $10.00 to $8.00 and set a “hold” rating for the company in a research note on Wednesday, April 23rd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Golden Ocean Group presently has a consensus rating of “Hold” and a consensus target price of $10.25.

Institutional Trading of Golden Ocean Group

Several large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its position in Golden Ocean Group by 109.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,490,464 shares of the shipping company’s stock valued at $11,894,000 after purchasing an additional 778,687 shares in the last quarter. Soros Fund Management LLC purchased a new position in Golden Ocean Group during the second quarter valued at $1,830,000. Squarepoint Ops LLC lifted its position in Golden Ocean Group by 346.8% during the second quarter. Squarepoint Ops LLC now owns 303,285 shares of the shipping company’s stock valued at $2,220,000 after purchasing an additional 235,410 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in Golden Ocean Group during the second quarter valued at $1,185,000. Finally, JPMorgan Chase & Co. lifted its position in Golden Ocean Group by 184.6% during the second quarter. JPMorgan Chase & Co. now owns 191,016 shares of the shipping company’s stock valued at $1,398,000 after purchasing an additional 123,903 shares in the last quarter. Institutional investors own 22.00% of the company’s stock.

Golden Ocean Group Company Profile

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company’s dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers.