Genco Shipping & Trading Limited (GNK)

NYSE: GNK · Real-Time Price · USD
24.06
-0.03 (-0.12%)
May 29, 2026, 4:00 PM EDT - Market closed
Market Cap1.05B +67.6%
Revenue (ttm)385.21M +2.2%
Net Income16.87M -63.1%
EPS0.39 -62.9%
Shares Out 43.58M
PE Ratio62.05
Forward PE15.23
Dividend$0.95 (3.95%)
Ex-Dividend DateMay 18, 2026
Volume321,995
Open23.99
Previous Close24.09
Day's Range23.74 - 24.33
52-Week Range12.66 - 27.25
Beta0.94
AnalystsBuy
Price Target29.25 (+21.57%)
Earnings DateMay 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]

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 6 analysts, the average rating for GNK stock is "Buy." The 12-month stock price target is $29.25, which is an increase of 21.57% from the latest price.

Price Target
$29.25
(21.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Genco Shipping to review revised, unsolicited tender offer from Diana Shipping

Genco Shipping & Trading (GNK) confirmed that Diana Shipping (DSX) has announced a revised tender offer to acquire all outstanding common shares of Genco not already owned by Diana at…

Other symbols: DSX
2 days ago - TheFly

Diana Shipping increases offer to acquire Genco Shipping to $24.80 per share

Diana Shipping (DSX), the largest shareholder of Genco Shipping (GNK), announced that it has increased its previously announced offer to purchase all outstanding shares of common stock of Genco to…

Other symbols: DSX
2 days ago - TheFly

Genco Shipping & Trading Board of Directors to Review Revised, Unsolicited Tender Offer from Diana Shipping

NEW YORK, May 27, 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...

2 days ago - GlobeNewsWire

Genco Shipping & Trading Proxy statement: Proxy filing

Genco Shipping & Trading filed a proxy statement on May 27, 2026, providing details for shareholder voting and corporate governance matters.

2 days ago - Filings

Genco Shipping: Diana Shipping’s May 19 presentation filled with ‘falsehoods’

Genco Shipping & Trading (GNK) released a presentation setting the record straight on the numerous inaccurate statements in the May 19 investor presentation of Diana Shipping (DSX). Genco issued the…

Other symbols: DSX
3 days ago - TheFly

Genco Shipping & Trading Limited Sets the Record Straight on Numerous Falsehoods in Diana's Investor Presentation

Diana Continues to Spread Misinformation to Shareholders in Pursuit of Its Agenda to Take Control of Genco on the Cheap

3 days ago - GlobeNewsWire

Genco Shipping & Trading Proxy statement: Proxy filing

Genco Shipping & Trading filed a proxy statement on May 26, 2026, providing details for shareholder voting and corporate governance matters.

3 days ago - Filings

Genco Shipping & Trading Limited Files Investor Presentation and Urges Shareholders to Vote for the Company's Highly Qualified Nominees and Reject Diana's Inadequate Tender Offer

Highlights Genco's Proven Comprehensive Value Strategy Delivering Superior Returns and Significant Momentum Underway to Capture Upside

8 days ago - GlobeNewsWire

Genco Shipping & Trading Proxy statement: Proxy filing

Genco Shipping & Trading filed a proxy statement on May 21, 2026, providing details for shareholder voting and corporate governance matters.

8 days ago - Filings

Diana Shipping urges Genco Shipping shareholders to vote the Gold proxy card

Diana Shipping (DSX), the largest shareholder of Genco Shipping & Trading (GNK), released a comprehensive investor presentation outlining the case for electing Diana’s six independent director nominee...

Other symbols: DSX
10 days ago - TheFly

Genco Shipping comments on Diana’s ‘misleading’ claims

Genco Shipping & Trading Limited (GNK) issued the following statement in response to Diana’s (DSX) latest “misleading” press release: “Genco continues to outperform the market and peers, including Dia...

Other symbols: DSX
11 days ago - TheFly

Genco Shipping & Trading Limited Responds to Diana's Latest Misleading Claims and Gamesmanship

Diana Shows its Hand Through Recent Stock Sales Underscoring Its Lack of Commitment to Creating Value for Genco Shareholders

11 days ago - GlobeNewsWire

Genco Shipping & Trading Proxy statement: Proxy filing

Genco Shipping & Trading filed a proxy statement on May 18, 2026, providing details for shareholder voting and corporate governance matters.

11 days ago - Filings

Genco Shipping CEO urges shareholders to vote the White proxy card

Genco Shipping (GNK) & Trading sent a letter to Genco shareholders from John Wobensmith, the company’s Chairman and CEO. The letter stated, in part, “Your vote on the WHITE proxy…

Other symbols: DSX
11 days ago - TheFly

Genco Shipping & Trading Limited Sends Letter to Shareholders from Chairman and CEO John Wobensmith

Expresses Confidence in Strength of Business, Momentum Underway and Ability to Continue Generating Superior Returns and Shareholder Value

11 days ago - GlobeNewsWire

Genco Shipping & Trading Proxy statement: Proxy filing

Genco Shipping & Trading filed a proxy statement on May 15, 2026, providing details for shareholder voting and corporate governance matters.

14 days ago - Filings

Genco Shipping board unanimously rejects Diana Shipping’s tender offer

Genco Shipping & Trading (GNK) announced that its Board of Directors unanimously rejected the unsolicited tender offer from Diana Shipping (DSX) to acquire all outstanding shares of Genco common stock...

Other symbols: DSX
14 days ago - TheFly

Genco Shipping & Trading Limited Board of Directors Unanimously Rejects Diana Shipping's Unsolicited Tender Offer

Offer Price is Unchanged from Prior Inadequate Proposal – Continues to Undervalue Genco's Assets and Business, Fails to Provide Control Premium

14 days ago - GlobeNewsWire

Genco Shipping & Trading Proxy statement: Proxy filing

Genco Shipping & Trading filed a proxy statement on May 12, 2026, providing details for shareholder voting and corporate governance matters.

17 days ago - Filings

Genco Shipping urges shareholders to vote the White proxy card

Genco Shipping (GNK) issued the following communication to shareholders: “Diana Shipping (DSX) has made numerous false, misleading and unsubstantiated claims as part of its hostile campaign to take ov...

Other symbols: DSX
17 days ago - TheFly

Genco Trading & Shipping Limited Sets the Record Straight on Diana's False and Misleading Claims

Urges Shareholders to Vote “FOR” Genco's Highly Qualified Board on the WHITE Proxy Card – and “WITHHOLD” on Diana's Nominees

17 days ago - GlobeNewsWire

Genco Shipping & Trading Q1 Earnings Call Highlights

Genco Shipping & Trading NYSE: GNK reported stronger first-quarter results and said improving dry bulk freight markets, recent fleet additions and low financial leverage are supporting higher dividend...

19 days ago - MarketBeat

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.

21 days ago - TheFly

Genco Shipping & Trading Proxy statement: Proxy filing

Genco Shipping & Trading filed a proxy statement on May 8, 2026, providing details for shareholder voting and corporate governance matters.

21 days ago - Filings

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...

22 days ago - GlobeNewsWire