Genco Shipping & Trading Limited (GNK)
NYSE: GNK · IEX Real-Time Price · USD
20.33
+0.19 (0.94%)
At close: Mar 28, 2024, 4:00 PM
20.05
-0.28 (-1.38%)
After-hours: Mar 28, 2024, 4:16 PM EDT
Genco Shipping & Trading Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for GNK stock have an average target of 21, with a low estimate of 20 and a high estimate of 22. The average target predicts an increase of 3.30% from the current stock price of 20.33.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 30, 2023.
Analyst Ratings
The average analyst rating for GNK stock from 3 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 5, 2024 |
Jefferies | Jefferies | Strong Buy Maintains $18 → $20 | Strong Buy | Maintains | $18 → $20 | -1.62% | Nov 30, 2023 |
Stifel | Stifel | Strong Buy Maintains $23 → $22 | Strong Buy | Maintains | $23 → $22 | +8.21% | Oct 19, 2023 |
BTIG | BTIG | Strong Buy Maintains $22 → $20 | Strong Buy | Maintains | $22 → $20 | -1.62% | Jul 21, 2023 |
Stifel | Stifel | Strong Buy Maintains $24 → $23 | Strong Buy | Maintains | $24 → $23 | +13.13% | Jul 19, 2023 |
Financial Forecast
Revenue This Year
307.32M
from 383.83M
Decreased by -19.93%
Revenue Next Year
306.18M
from 307.32M
Decreased by -0.37%
EPS This Year
2.55
from -0.30
EPS Next Year
2.73
from 2.55
Increased by 7.01%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 372.8M | 396.9M | 288.8M |
Avg | 307.3M | 306.2M | 276.7M |
Low | 266.6M | 231.3M | 267.4M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | -2.9% | 29.1% | -5.7% |
Avg | -19.9% | -0.4% | -9.6% |
Low | -30.6% | -24.7% | -12.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.86 | 4.63 | 3.49 |
Avg | 2.55 | 2.73 | 2.47 |
Low | 1.63 | 0.95 | 1.73 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | 81.4% | 27.8% |
Avg | - | 7.0% | -9.6% |
Low | - | -62.8% | -36.5% |
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.