Genco Shipping & Trading Limited (GNK)
| Market Cap | 1.05B +67.6% |
| Revenue (ttm) | 385.21M +2.2% |
| Net Income | 16.87M -63.1% |
| EPS | 0.39 -62.9% |
| Shares Out | 43.58M |
| PE Ratio | 62.05 |
| Forward PE | 15.23 |
| Dividend | $0.95 (3.95%) |
| Ex-Dividend Date | May 18, 2026 |
| Volume | 321,995 |
| Open | 23.99 |
| Previous Close | 24.09 |
| Day's Range | 23.74 - 24.33 |
| 52-Week Range | 12.66 - 27.25 |
| Beta | 0.94 |
| Analysts | Buy |
| Price Target | 29.25 (+21.57%) |
| 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 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.
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…
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…
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...
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.
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…
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
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.
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
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.
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...
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...
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
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.
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…
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
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.
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...
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
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.
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...
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
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...
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 Proxy statement: Proxy filing
Genco Shipping & Trading filed a proxy statement on May 8, 2026, providing details for shareholder voting and corporate governance matters.
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...