Genco Shipping & Trading Limited (GNK)
| Market Cap | 1.16B +49.7% |
| Revenue (ttm) | 440.69M +25.6% |
| Net Income | 40.32M +161.6% |
| EPS | 0.91 +156.3% |
| Shares Out | 43.59M |
| PE Ratio | 29.28 |
| Forward PE | 11.55 |
| Dividend | $0.95 (3.56%) |
| Ex-Dividend Date | Aug 17, 2026 |
| Volume | 166,406 |
| Open | 27.16 |
| Previous Close | 27.14 |
| Day's Range | 26.57 - 27.26 |
| 52-Week Range | 15.55 - 27.82 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 29.50 (+10.69%) |
| Earnings Date | Aug 5, 2026 |
About GNK
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 Y... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for GNK stock is "Buy." The 12-month stock price target is $29.5, which is an increase of 10.69% from the latest price.
News
Genco Shipping issues shareholder letter after Diana Shipping offer withdrawal
Genco Shipping (GNK) issued an open letter to Genco shareholders following the announcement by Diana Shipping (DSX) that Diana has withdrawn its offer to acquire all outstanding Genco shares not…
Genco Shipping takes delivery of Genco Volunteer
Genco Shipping (GNK) announced that it has taken delivery of the Genco Volunteer, a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel. John Wobensmith, chairman and CEO, commented, “We ar...
Genco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its Offer
Genco Board Provided Diana Clear Criteria for a Transaction Reflecting Fair Value and in the Best Interests of All Genco Shareholders
Diana Shipping withdraws offer to acquire Genco Shipping & Trading
16:39 EDT Diana Shipping (DSX) withdraws offer to acquire Genco Shipping (GNK) & Trading
Diana Shipping withdraws offer to acquire Genco Shipping & Trading
Diana Shipping (DSX), the largest shareholder of Genco Shipping & Trading (GNK), announced that it has withdrawn its offer to acquire all outstanding Genco shares not already owned by Diana,…
Diana Shipping Drops Bid to Acquire Genco Shipping & Trading
The decision ends a nearly year-long takeover battle between the two shipping companies.
Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel
Further Expands Fleet of Premium Earning Assets, Including 20 Capesize/Newcastlemax Vessels Highly Accretive Capesize/Newcastlemax Acquisitions Have Generated ~30% IRR and Meaningfully Contributed to ...
Genco Shipping price target raised to $32 from $30 at B. Riley
B. Riley analyst Liam Burke raised the firm’s price target on Genco Shipping (GNK) to $32 from $30 and keeps a Buy rating on the shares post the Q2 report.
Genco Shipping & Trading Earnings Call Transcript: Q2 2026
Q2 2026 saw record financial performance, with adjusted EBITDA up 300% year-over-year and a record dividend. Strong market fundamentals, low leverage, and fleet expansion support a positive outlook, with projected dividends exceeding $1 per share in Q3 and Q4.
Genco Shipping & Trading Slides: Q2 2026
Genco Shipping & Trading has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Genco Shipping & Trading Earnings release: Q2 2026
Genco Shipping & Trading released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Genco Shipping & Trading Quarterly report: Q2 2026
Genco Shipping & Trading has published its Q2 2026 quarterly earnings report on August 6, 2026.
Genco Shipping & Trading Limited Announces Q2 2026 Financial Results
Declares Dividend of $0.80 per Share for Q2 2026, a Record Value Strategy Dividend Projects Another Record Dividend in Q3 2026 NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limi...
Diana Shipping calls on Genco board to ‘act in best interest of shareholders’
Diana Shipping (DSX), the largest shareholder of Genco Shipping & Trading Limited (GNK) highlighted data from VesselsValue showing that Genco’s fleet values have declined meaningfully since peaking in...
Genco will continue to engage in ‘good faith discussions’ with Diana
Genco Shipping (GNK) issued a statement regarding the expiration of the tender offer of Diana Shipping (DSX), which reads in part, “Genco is executing its Comprehensive Value Strategy, which is…
Genco Shipping & Trading Limited Issues Statement in Response to Expiration of Diana Shipping's Tender Offer
Genco Will Continue to Engage in Good Faith Discussions with Diana and Act in the Best Interests of Genco Shareholders Genco's Board Continues to Review Diana's Separate Non-Binding Indicative Proposa...
Diana Shipping Inc. Urges Genco Shipping & Trading to Stop Misleading Investors and Engage in Good Faith Negotiations
Offer of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table Genco's Characterization of Advisor Engagement to Discuss the Price, Terms and Structure of Diana's Pro...
Genco Shipping issues statement on updated review of Diana Shipping proposal
Genco Shipping (GNK) provided an update on its board of directors’ review of the revised, non-binding indicative proposal of Diana Shipping (DSX) to acquire all outstanding common shares of Genco…
Genco Shipping & Trading Limited Board of Directors Provides Update on Review of Diana Shipping's Revised, Non-Binding Indicative Proposal
Genco's Advisors Engaged with Diana's Advisors as Part of the Board's Ongoing Review Genco's Board is Committed to Maximizing Shareholder Value NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Genco Shippi...
Genco Shipping & Trading Limited Announces Second Quarter 2026 Conference Call and Webcast
NEW YORK, July 14, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the second quarter of ...
Genco comments on extension of Diana Shipping’s ‘inadequate’ tender offer
Genco Shipping & Trading (GNK) issued the following statement regarding the extension by Diana Shipping (DSX) of its inadequate tender offer to acquire all outstanding common shares of Genco not…
Genco Shipping & Trading Limited Comments on Extension of $24.80 Per Share Tender Offer by Diana Shipping
Diana Still Has Not Updated Its Tender Offer Materials to Align Terms with Indicative, Non-Binding Proposal NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Ge...
Genco Shipping comments on Diana Shipping’s ‘misleading’ tender disclosures
Genco Shipping & Trading Limited (GNK) issued the following statement regarding the pending tender offer by Diana Shipping Inc. (DSX): “We are dismayed by Diana’s continued misleading disclosures rega...
Genco Shipping & Trading Limited Comments on Diana Shipping Inc.'s Misleading Tender Offer Disclosures
Tender Offer is For Only $24.80 Per Share in Cash Cautions Shareholders Not to Tender into $24.80 Per Share Tender Offer NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (N...
Diana Shipping announces extension of financing to support acquisition of Genco
Diana Shipping (DSX) announced an extension of the fully committed financing supporting Diana’s offer to acquire the outstanding shares of Genco Shipping & Trading (GNK) not already owned by Diana.