Genco Shipping & Trading Limited (GNK)
NYSE: GNK · Real-Time Price · USD
14.38
+0.11 (0.77%)
Jan 17, 2025, 4:00 PM EST - Market closed
Genco Shipping & Trading Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for GNK stock have an average target of 24.2, with a low estimate of 17 and a high estimate of 30. The average target predicts an increase of 68.29% from the current stock price of 14.38.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 7, 2024.
Analyst Ratings
The average analyst rating for GNK stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $25 | Strong Buy | Maintains | $25 | +73.85% | Nov 7, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $26 → $17 | Strong Buy → Hold | Downgrades | $26 → $17 | +18.22% | Oct 23, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $22 | Strong Buy | Initiates | $22 | +52.99% | Sep 4, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | +87.76% | Jul 1, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $27 → $30 | Strong Buy | Maintains | $27 → $30 | +108.62% | May 10, 2024 |
Financial Forecast
Revenue This Year
430.41M
from 383.83M
Increased by 12.14%
Revenue Next Year
414.30M
from 430.41M
Decreased by -3.74%
EPS This Year
1.80
from -0.30
EPS Next Year
1.84
from 1.80
Increased by 2.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 459.1M | 486.2M | 554.4M |
| Avg | 430.4M | 414.3M | 426.5M |
| Low | 413.7M | 383.3M | 303.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.6% | 13.0% | 33.8% |
| Avg | 12.1% | -3.7% | 3.0% |
| Low | 7.8% | -11.0% | -26.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.08 | 2.97 | 3.99 |
| Avg | 1.80 | 1.84 | 2.16 |
| Low | 1.53 | 0.68 | 0.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 65.5% | 116.8% |
| Avg | - | 2.5% | 17.1% |
| Low | - | -62.3% | -84.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.