Genco Shipping & Trading Limited (GNK)

NYSE: GNK · Real-Time Price · USD
21.57
-0.63 (-2.84%)
At close: Mar 9, 2026, 4:00 PM EDT
21.59
+0.02 (0.09%)
After-hours: Mar 9, 2026, 7:50 PM EDT
Market Cap934.37M +54.4%
Revenue (ttm)342.05M -19.1%
Net Income-4.37M
EPS-0.10
Shares Out 43.32M
PE Ration/a
Forward PE14.03
Dividend$0.95 (4.40%)
Ex-Dividend DateMar 11, 2026
Volume1,179,334
Open22.02
Previous Close22.20
Day's Range21.33 - 22.20
52-Week Range11.20 - 24.81
Beta1.13
AnalystsBuy
Price Target19.00 (-11.91%)
Earnings DateFeb 17, 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]

IPO Date Jul 22, 2005
Employees 1,056
Stock Exchange NYSE
Ticker Symbol GNK
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for GNK stock is "Buy." The 12-month stock price target is $19.0, which is a decrease of -11.91% from the latest price.

Price Target
$19.0
(-11.91% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Diana Shipping Increases Offer to Acquire Genco

Shipping transportation services company said Star Bulk Carriers had agreed to acquire 16 of Genco's vessels if the acquisition closes.

Other symbols: DSX
3 days ago - WSJ

Genco Shipping & Trading Responds to Revised Unsolicited Proposal from Diana Shipping Inc.

Board to Review Diana's Revised Indicative Proposal  No Shareholder Action Required at This Time NEW YORK, March 06, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or th...

3 days ago - GlobeNewsWire

Genco Shipping & Trading Limited Announces Delivery of First High Specification Newcastlemax Vessel

Second Newcastlemax Vessel Expected to Deliver at the End of March Premium Earning Assets Further Enhance Earnings Power and Dividend Capacity NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Genco Shippi...

4 days ago - GlobeNewsWire

Genco Shipping & Trading Limited (GNK) Q4 2025 Earnings Call Transcript

Genco Shipping & Trading Limited (GNK) Q4 2025 Earnings Call Transcript

19 days ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Q4 2025 Financial Results

Declares Dividend of $0.50 per share for Q4 2025, Marking Highest Dividend Since 2022 and 26 th Consecutive Quarterly Dividend

20 days ago - GlobeNewsWire

Genco Shipping & Trading Limited Announces Fourth Quarter 2025 Conference Call and Webcast

NEW YORK, Jan. 20, 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 fourth quarter of ...

6 weeks ago - GlobeNewsWire

Diana Nominates 6 Candidates for Genco's Board, Teeing Up Proxy Fight

The nominations come days after Genco rejected Diana's offer to acquire the company via an all-cash deal. Diana has a roughly 14.8% stake in Genco.

Other symbols: DSX
7 weeks ago - WSJ

Genco Shipping & Trading Responds to Diana Shipping Inc.'s Intent to Nominate Directors to Replace Entire Genco Board

Reiterates Commitment to Enhancing Shareholder Value Reiterates Benefits of Genco Acquiring Diana for Creating Value for Both Company Shareholders No Shareholder Action Required at This Time NEW YORK,...

7 weeks ago - GlobeNewsWire

Diana Shipping Inc. Nominates Six Director Candidates for Election to Genco Shipping & Trading Board

Diana's Highly Qualified Independent Director Nominees Bring Extensive Experience Across Dry Bulk Shipping, Finance, Mergers & Acquisitions and Corporate Governance  Current Genco Board Has Failed to ...

Other symbols: DSX
7 weeks ago - GlobeNewsWire

Exclusive: Diana Shipping plans proxy fight at Genco, ready to nominate 6 directors, sources say

Global shipping company Diana Shipping plans to launch a proxy fight to replace rival Genco Shipping & Trading's six current directors, making its decision just days after the board rejected Diana's t...

Other symbols: DSX
7 weeks ago - Reuters

Genco Shipping & Trading Rejects Non-Binding Indicative Proposal from Diana Shipping Inc.

Board Unanimously Determined Proposal Significantly Undervalues Genco, Has Significant Execution Risk with No Committed Financing and is Not in Best Interest of Shareholders

7 weeks ago - GlobeNewsWire

Diana Shipping Says Genco Rejected Acquisition Offer Without Engagement

Diana, which owns a roughly 14.8% stake in Genco, had offered on Nov. 24 to buy the company for $20.60 a share in cash, representing a 15% premium to Genco's closing price on Nov. 21.

Other symbols: DSX
7 weeks ago - WSJ

Genco Shipping: Diana's Bid Is A Floor, Not A Ceiling

Genco Shipping (GNK) received a $20.60/share cash buyout proposal from Diana Shipping (DSX), validating the bull thesis of asset undervaluation. DSX seeks GNK's strong balance sheet and cash flows to ...

2 months ago - Seeking Alpha

Genco Shipping & Trading Confirms Receipt of a Non-Binding Indicative Proposal from Diana Shipping Inc.

NEW YORK, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio...

3 months ago - GlobeNewsWire

Genco Shipping & Trading to Acquire Two High-Specification Newcastlemax Vessels

Further Modernizes Asset Base and Enhances Earnings and Dividend Capacity Further Modernizes Asset Base and Enhances Earnings and Dividend Capacity

3 months ago - GlobeNewsWire

Genco Shipping & Trading Limited Adopts Amendment to Limited Duration Shareholder Rights Plan to Protect the Best Interests of Shareholders

NEW YORK, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio...

4 months ago - GlobeNewsWire

Genco Shipping & Trading Limited (GNK) Q3 2025 Earnings Call Transcript

Genco Shipping & Trading Limited ( GNK) Q3 2025 Earnings Call November 6, 2025 8:30 AM EST Company Participants Peter Allen - Chief Financial Officer John Wobensmith - CEO, President, Secretary & Cha...

4 months ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Q3 2025 Financial Results

Declares Dividend of $0.15 per share for Q3 2025 Represents Genco's 25 th Consecutive Quarterly Dividend

4 months ago - GlobeNewsWire

Genco Shipping & Trading Limited Announces Third Quarter 2025 Conference Call and Webcast

NEW YORK, Oct. 17, 2025 (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 third quarter of 2...

5 months ago - GlobeNewsWire

Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel

NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio...

5 months ago - GlobeNewsWire

Genco Shipping & Trading Limited Adopts Limited Duration Shareholder Rights Plan to Protect the Best Interests of Shareholders

NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio...

5 months ago - GlobeNewsWire

Genco Shipping & Trading Announces Appointment of John C. Wobensmith as Chairman and Kathleen C.

NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio...

6 months ago - GlobeNewsWire

Genco Shipping & Trading Limited to Participate in the Jefferies Industrials Conference

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio...

7 months ago - GlobeNewsWire

Genco Shipping & Trading Limited (GNK) Q2 2025 Earnings Call Transcript

Genco Shipping & Trading Limited (NYSE:GNK) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants John C. Wobensmith - CEO, President, Secretary & Director Michael Orr - Cor...

7 months ago - Seeking Alpha

Genco Shipping & Trading Limited Announces Q2 2025 Financial Results

Declares Dividend of $0.15 per share for Q2 2025 Represents Genco's 24 th Consecutive Quarterly Dividend

7 months ago - GlobeNewsWire