Golden Ocean Group Limited (GOGL)

NASDAQ: GOGL · Real-Time Price · USD
7.08
-0.21 (-2.88%)
At close: Apr 15, 2025, 4:00 PM
7.10
+0.02 (0.25%)
After-hours: Apr 15, 2025, 7:03 PM EDT
-2.88%
Market Cap 1.41B
Revenue (ttm) 968.42M
Net Income (ttm) 223.21M
Shares Out 199.40M
EPS (ttm) 1.12
PE Ratio 6.33
Forward PE 11.41
Dividend $1.05 (14.83%)
Ex-Dividend Date Mar 11, 2025
Volume 2,888,484
Open 7.24
Previous Close 7.29
Day's Range 7.04 - 7.32
52-Week Range 6.27 - 15.77
Beta 1.15
Analysts Hold
Price Target 11.25 (+58.9%)
Earnings Date May 21, 2025

About GOGL

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. Its dry bulk vessels consist of Newcastlemax, Capesize, Kamsarmax, and Panamax vessels operating in the spot and time charter markets. The company also transports various bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2025, it owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda. [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Feb 6, 1997
Employees 44
Stock Exchange NASDAQ
Ticker Symbol GOGL
Full Company Profile

Financial Performance

In 2024, Golden Ocean Group's revenue was $968.42 million, an increase of 9.33% compared to the previous year's $885.77 million. Earnings were $223.21 million, an increase of 98.82%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GOGL stock is "Hold." The 12-month stock price forecast is $11.25, which is an increase of 58.90% from the latest price.

Price Target
$11.25
(58.90% upside)
Analyst Consensus: Hold
Stock Forecasts

News

GOGL – Notice of 2025 Annual General Meeting

Golden Ocean Group Limited (the “Company”) announces that its 2025 Annual General Meeting will be held on May 8, 2025. A copy of the Notice of Annual General Meeting and associated information includi...

5 days ago - GlobeNewsWire

GOGL - Appointment of CEO and CFO

The Board of Golden Ocean Group Ltd. ("Golden Ocean" or the "Company") is pleased to announce the appointment of Mr. Peder Simonsen as the Chief Executive Officer of Golden Ocean Management AS. Mr. Si...

10 days ago - GlobeNewsWire

GOGL – Notice of Annual General Meeting 2025

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (“GOGL” or the “Company”) advises that the 2025 Annual General Meeting of the Company will be held on May 8, 2025. The record date for voting at the A...

12 days ago - GlobeNewsWire

GOGL – Changes to the Board composition

Golden Ocean Group Limited (Nasdaq: GOGL & OSE: GOGL) (“GOGL” or “the Company”) is pleased to announce the appointment of Mr. Carl Erik Steen and Mr. James Ayers as Directors of the Company.

18 days ago - GlobeNewsWire

GOGL - Filing of 2024 Annual Report on Form 20-F

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) has been filed with the U.S. ...

26 days ago - GlobeNewsWire

Dividend Power Dogs: 3 Top Dividend Picks For March

Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strate...

4 weeks ago - Seeking Alpha

CMB.TECH acquires Hemen's shares in Golden Ocean – Disclosure of large shareholdings

ANTWERP, Belgium, 4 March, 2025 - CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMB.TECH”) today announced that it, through its wholly-owned subsidiary, CMB.TECH Bermuda Ltd., has entered into a share p...

6 weeks ago - GlobeNewsWire

Hemen sells stake in Golden Ocean to CMB.TECH

Limassol, Cyprus, March 4, 2025 – Hemen Holding Limited (“Hemen”) today announced that it has entered into an agreement to sell 81,363,730 shares in Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the ...

6 weeks ago - GlobeNewsWire

Golden Ocean Group Limited (GOGL) Q4 2024 Earnings Call Transcript

Golden Ocean Group Limited (GOGL) Q4 2024 Earnings Call Transcript

6 weeks ago - Seeking Alpha

GOGL – Q4 2024 Presentation

Please find enclosed the presentation of Golden Ocean Group Limited's fourth quarter 2024 results for today's webcast / conference call at 15:00 CET.

6 weeks ago - GlobeNewsWire

10 Ideal 'Safer' January Dividend Buys, Out Of 40 Choices From Readers

Before January 31, 2025, my REaders mentioned 40 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers spoke-up about the ReFa/Ro. ...

Other symbols: ARRCAGCCIFDOWFROFSKIVR
7 weeks ago - Seeking Alpha

GOGL – Invitation to presentation of Q4 2024 Results

Golden Ocean Group Limited (the “Company”) will publish its financial results for the fourth quarter of 2024 on Wednesday February 26, 2025.

7 weeks ago - GlobeNewsWire

5 'Safe' Buys In 35 February Dividend Power Dogs

The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 20...

2 months ago - Seeking Alpha

GOGL: Purchase Option Declaration

Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company”) announces that it has declared the purchase options for eight Capesize vessels under the long-term charter-in agreements with subsidiaries...

2 months ago - GlobeNewsWire

Golden Ocean: A Top-Tier Dry Bulk Operator Focused On The Capesize Market

Golden Ocean owns 91 dry bulk vessels with a combined capacity of 13.8 million deadweight tons, one of the industry's largest fleets and second only to Star Bulk. With an average age of 7.7 years, Gol...

2 months ago - Seeking Alpha

Tariffs, Trump and China: What 2025 holds for shipping stocks

The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.

3 months ago - Market Watch

4 Of 35 Safe-Buy Dividend Power Dogs In January

Four low-priced Dividend Power stocks, Golden Ocean, Invesco Mortgage, ARMOUR Residential, and FutureFuel, offer safer dividends with free cash-flow yields exceeding dividend yields. The Dividend Powe...

3 months ago - Seeking Alpha

GOGL - Transactions made under the buy-back program

Reference is made to the stock announcement on October 2, 2024, where Golden Ocean Group Limited (OSE/NASDAQ: GOGL) announced the renewal of its share buy-back program of maximum USD 100 million to pu...

3 months ago - GlobeNewsWire

Golden Ocean Group: The Drop In Stock Price May Offer An Opportunity

Golden Ocean Group delivered a pretty good Q3 financial results, despite a sluggish freight market for the Panamax vessels. Uncertainties around imminent U.S. tariffs on import will change some tradin...

4 months ago - Seeking Alpha

Golden Ocean Group Limited (GOGL) Q3 2024 Earnings Call Transcript

Golden Ocean Group Limited (NASDAQ:GOGL) Q3 2024 Earnings Conference Call November 27, 2024 8:30 PM ET Company Participants Conference Call Participants Operator Good day, and thank you for standing ...

4 months ago - Seeking Alpha

GOGL – Q3 2024 Presentation

Please find enclosed the presentation of Golden Ocean Group Limited's third quarter 2024 results for today's webcast / conference call at 14:30 CET.

4 months ago - GlobeNewsWire

GOGL – Third Quarter 2024 Results

Hamilton, Bermuda, November 27, 2024 - Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced...

4 months ago - GlobeNewsWire

GOGL – Invitation to presentation of Q3 2024 Results

Golden Ocean Group Limited (the “Company”) will publish its financial results for the third quarter of 2024 on Wednesday November 27, 2024.

5 months ago - GlobeNewsWire

Golden Ocean Is Picking Up A Tailwind

Shipping is an essential tool to serve the growing demand for dry bulk commodities: supply chains must be maintained, amid ongoing conflicts and longer routes. Increased distances and instability risk...

5 months ago - Seeking Alpha

Golden Ocean Group: Top Spec Fleet And Attractive Shareholder Returns

Golden Ocean net and operating results remained stable QoQ due to revenue and expense changes offsetting each other. GOGL's balance sheet is in shape. The company reported $99 million cash, $994 long-...

6 months ago - Seeking Alpha