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Genco Shipping & Trading Limited (GNK)

Stock Price: $6.79 USD -0.31 (-4.37%)
Updated Jul 31, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 283.83M
Revenue (ttm) 394.37M
Net Income (ttm) -168.53M
Shares Out 41.80M
EPS (ttm) -4.03
PE Ratio n/a
Forward PE n/a
Dividend $0.37
Dividend Yield 5.45%

Stock Quote

Trading Day Jul 31, 2020
Last Price $6.79
Previous Close $7.10
Change ($) -0.31
Change (%) -4.37%
Day's Open 7.05
Day's Range 6.60 - 7.05
Day's Volume 196,000
52-Week Range 4.27 - 11.82

More Stats

Market Cap 283.83M
Enterprise Value 622.42M
Earnings Date (est) Aug 5, 2020
Ex-Dividend Date May 15, 2020
Shares Outstanding 41.80M
Float 17.46M
EPS (basic) -4.03
EPS (diluted) -4.03
FCF / Share 0.72
Dividend $0.37
Dividend Yield 5.45%
Earnings Yield n/a
FCF Yield 10.55%
Payout Ratio n/a
Shares Short 1.04M
Short Ratio 4.25
Short % of Float 6.06%
Beta 0.77
PE Ratio n/a
Forward PE n/a
P/FCF Ratio 9.47
PS Ratio 0.72
PB Ratio 0.35
Revenue 394.37M
Operating Income -140.94M
Net Income -168.53M
Free Cash Flow 29.96M
Net Cash -338.59M
Net Cash / Share -8.10
Gross Margin 26.39%
Operating Margin -35.74%
Profit Margin -42.70%
FCF Margin 7.60%
ROA 0.02%
ROE -17.77%
ROIC -8.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 7
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$10.79*
(58.91% upside)
Low
8.00
Current: $6.79
High
15.00
Target: 10.79
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015
Revenue389368210136154
Revenue Growth5.98%75.26%54.66%-11.93%-
Gross Profit10415486.298.7211.69
Operating Income-28.400.52-29.62-186-193
Net Income-55.99-32.94-58.73-218-195
Shares Outstanding41.7638.3834.247.256.58
Earnings Per Share-1.34-0.86-1.71-30.03-29.61
Dividend Per Share0.50----
Operating Cash Flow59.5365.9124.07-52.31-56.09
Capital Expenditures-23.46-19914.9612.24-67.36
Free Cash Flow36.07-13339.03-40.07-123
Cash & Equivalents162202182142141
Total Debt494535518515580
Net Cash / Debt-332-333-336-373-440
Assets1,5291,6271,5211,5691,715
Liabilities550574546539609
Book Value9781,0539751,0301,106
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Genco Shipping & Trading Limited
Country United States
Employees 1,255
CEO John C. Wobensmith

Stock Information

Ticker Symbol GNK
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Marine Shipping
Unique Identifier NYSE: GNK
IPO Date July 22, 2005

Description

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 25, 2020, the company's fleet consisted of 17 Capesize, 1 Panamax, 6 Ultramax, 20 Supramax, and 10 Handysize vessels with an aggregate capacity of approximately 4,914,000 deadweight tons. Genco Shipping & Trading Limited was founded in 2004 and is headquartered in New York, New York.