Golden Ocean Group Limited (GOGL)
Market Cap | 1.60B |
Revenue (ttm) | 968.42M |
Net Income (ttm) | 223.21M |
Shares Out | 199.40M |
EPS (ttm) | 1.12 |
PE Ratio | 7.16 |
Forward PE | 13.16 |
Dividend | $1.05 (13.13%) |
Ex-Dividend Date | Mar 11, 2025 |
Volume | 2,860,254 |
Open | 7.94 |
Previous Close | 7.99 |
Day's Range | 7.84 - 8.03 |
52-Week Range | 7.49 - 15.77 |
Beta | 1.18 |
Analysts | Hold |
Price Target | 11.25 (+40.63%) |
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]
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 StatementsAnalyst 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 40.63% from the latest price.
News

GOGL – Changes to the Board composition
Golden Ocean Group Limited (Nasdaq: GOGL & OSE: GOGL) (“GOGL” or the “Company”) is pleased to announce the appointment by the Board of Directors of Mr. Patrick De Brabandere and Mr. Patrick Molis as D...

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. ...

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...

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...

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 ...

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

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.

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. ...

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.

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...

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...

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...

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...

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...

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...

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 ...

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.

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...

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.

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...

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-...

Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business
GOGL has improved returns since 2014 by focusing on efficiency, cost-effectiveness, and flexibility in fleet management and market positioning. Despite a volatile bottom line due to fluctuating charte...

GOGL – Renewal of share buy-back program
Reference is made to the announcement by the Board of Directors in Golden Ocean Group Limited (OSE/NASDAQ: GOGL) dated 4 October 2022 and 3 October 2023 regarding the establishment and renewal of a sh...

GOGL - Company Presentation September 2024
Interim CEO and CFO Peder Simonsen will be presenting Golden Ocean Group Limited at Pareto Securities' 31st Energy Conference today, September 12, 2024.