Golden Ocean Group Limited (GOGL)

Market Cap	2.37B
Revenue (ttm)	972.69M
Net Income (ttm)	214.08M
Shares Out	200.03M
EPS (ttm)	1.07
PE Ratio	11.05
Forward PE	8.67
Dividend	$1.20 (10.14%)
Ex-Dividend Date	Sep 11, 2024

Volume	1,278,542
Open	11.96
Previous Close	11.93
Day's Range	11.72 - 12.03
52-Week Range	8.42 - 15.77
Beta	1.23
Analysts	Hold
Price Target	14.50 (+22.57%)
Earnings Date	Nov 29, 2024

About GOGL

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company’s dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: Feb 6, 1997
• Employees: 38
• Stock Exchange: NASDAQ
• Ticker Symbol: GOGL
• Website: https://www.goldenocean.bm

Financial Performance

In 2023, Golden Ocean Group's revenue was $885.77 million, a decrease of -20.42% compared to the previous year's $1.11 billion. Earnings were $112.27 million, a decrease of -75.69%.

Analyst Forecast

According to 2 analysts, the average rating for GOGL stock is "Hold." The 12-month stock price forecast is $14.5, which is an increase of 22.57% from the latest price.

Price Target

$14.5

(22.57% upside)

Analyst Consensus: Hold