Genco Shipping & Trading Limited (GNK)
| Market Cap | 1.13B +105.2% |
| Revenue (ttm) | 385.21M +2.2% |
| Net Income | 16.87M -63.1% |
| EPS | 0.39 -62.9% |
| Shares Out | 43.58M |
| PE Ratio | 66.82 |
| Forward PE | 21.99 |
| Dividend | $0.95 (3.67%) |
| Ex-Dividend Date | May 18, 2026 |
| Volume | 209,857 |
| Open | 25.49 |
| Previous Close | 25.24 |
| Day's Range | 25.30 - 26.01 |
| 52-Week Range | 12.66 - 26.15 |
| Beta | 0.94 |
| Analysts | Buy |
| Price Target | 19.00 (-26.67%) |
| Earnings Date | May 6, 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 2 analysts, the average rating for GNK stock is "Buy." The 12-month stock price target is $19.0, which is a decrease of -26.67% from the latest price.
News
Genco Shipping price target raised to $29 from $26 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Genco Shipping (GNK) to $29 from $26 and keeps a Buy rating on the shares.
Genco Shipping & Trading Limited Issues Statement Regarding Diana's Unsubstantiated Assertions
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation...
Genco Shipping & Trading Earnings Call Transcript: Q1 2026
Q1 2026 saw record TCE rates, a 133% dividend increase, and strong cash flow, driven by fleet renewal and disciplined capital allocation. The outlook projects further dividend growth, with a robust market supported by low fleet growth and rising demand.
Genco Shipping & Trading Limited Files Definitive Proxy Materials and Mails Letter to Shareholders
Urges Shareholders to Vote “FOR” the Reelection of Genco's Highly Qualified and Experienced Board on the WHITE Proxy Card Today – and “WITHHOLD” on Diana's Nominees
Genco Shipping & Trading Limited Announces Q1 2026 Financial Results
Declares Dividend of $0.35 per Share for Q1 2026, Marking 133% Increase Year-Over-Year and 27 th Consecutive Quarterly Dividend
Genco Shipping to review Diana’s $23.50 per share unsolicited tender offer
Genco Shipping & Trading (GNK) confirmed that Diana Shipping (DSX) has commenced a conditional, unsolicited tender offer to acquire all of the outstanding shares of Genco not already owned by
Genco Shipping & Trading to Review Diana Shipping's Unsolicited Tender Offer
Offer Price Remains Unchanged from Prior Inadequate Proposal That the Genco Board of Directors Unanimously Rejected Shareholders Do Not Need to Take Action at This Time NEW YORK, May 04, 2026 (GLOBE N...
Diana Shipping launches tender offer to acquire Genco for $23.50 per share
Diana Shipping (DSX), which owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping (GNK), announced that it has commenced a tender offer through its wholly-owned subsidia...
Diana Shipping calls on Genco to set annual meeting date
Diana Shipping (DSX), which owns 14.8% of Genco Shipping’s (GNK) outstanding shares, called on the Genco board to announce the date of its 2026 annual meting. Diana said in a
Genco Shipping & Trading Files Preliminary Proxy Statement in Connection with 2026 Annual Meeting of Shareholders
Shareholders Are Encouraged to Vote FOR Genco's Highly Experienced, Qualified Board with Proven Record of Generating Superior Returns and Value
Genco Shipping agrees to acquire 2019 Imabari
Genco Shipping (GNK) & Trading has agreed to acquire a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel with prompt delivery expected in June 2026. Genco also announced today that
Genco Shipping & Trading Limited Announces Further Fleet Renewal and Growth as Part of Comprehensive Value Strategy
NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportati...
Genco Shipping & Trading Limited Announces First Quarter 2026 Conference Call and Webcast
NEW YORK, April 15, 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 first quarter of ...
Genco Shipping urges shareholders to ignore Diana Shipping’s letter
Genco Shipping & Trading (GNK) issued the following statement regarding Diana Shipping’s (DSX) letter to Genco shareholders: “The Genco Board of Directors and management team are committed to maximizi...
Genco Shipping & Trading Issues Statement Regarding Diana Shipping's Letter to Shareholders
NEW YORK, April 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S.-headquartered drybulk shipowner focused on the global transportati...
Diana Shipping urges Genco shareholders to elect its director nominees
Diana Shipping (DSX), which owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping & Trading (GNK). sent a letter to Genco shareholders in connection with its
Genco Shipping & Trading Launches Website for Shareholders
Learn More at www.GencoDrivesSuperiorReturns.com NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S.-headquartered dr...
Genco Shipping sends letter to shareholders regarding Diana Shipping proposal
Genco Shipping (GNK) sent a letter to Genco shareholders. The company said, “Highlights from the letter include: Genco continues to deliver on its value strategy, which includes generating substantial...
Genco Shipping & Trading Sends Letter to Shareholders
Comprehensive Value Strategy Delivering Strong Results and Returns for Shareholders Diana Shipping's Proposal Substantially Undervalues Genco and Fails to Provide Appropriate Premium to Shareholders f...
Genco Shipping announces delivery of Newcastlemax vessel
Genco Shipping (GNK) announced that it has taken delivery of the Genco Valkyrie, the second of two 2020-built 208,000 dwt scrubber-fitted Newcastlemax vessels that Genco agreed to acquire in November
Genco Shipping & Trading Limited Announces Delivery of Second High Specification Newcastlemax Vessel This Year
Reflects Strategic Action to Expand Premium Earning Asset Base and Increase Earnings Power and Dividend Capacity Reflects Strategic Action to Expand Premium Earning Asset Base and Increase Earnings Po...
Genco says Diana’s indicative proposal ‘not in best interests’ of shareholders
Genco Shipping (GNK) & Trading Limited issued the following statement: “Genco’s Board of Directors is committed to maximizing shareholder value. Diana’s indicative proposal does not meet this standard...
Genco Shipping ‘remains open to engaging’ with Diana Shipping, company says
13:37 EDT Genco Shipping (GNK) ‘remains open to engaging’ with Diana Shipping (DSX), company says
Genco Shipping & Trading Issues Statement
NEW YORK, March 20, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportati...
Diana Shipping comments on Genco Shipping rejection of increased offer
Diana Shipping (DSX), which owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping (GNK), commented on the Genco board of directors’ rejection of Diana’s increased and