Golden Ocean Group Limited (GOGL)

Market Cap	1.74B
Revenue (ttm)	1.01B
Net Income (ttm)	241.68M
Shares Out	200.03M
EPS (ttm)	1.22
PE Ratio	7.15
Forward PE	8.84
Dividend	$1.20 (13.78%)
Ex-Dividend Date	Dec 9, 2024

Volume	1,595,020
Open	8.60
Previous Close	8.62
Day's Range	8.52 - 8.80
52-Week Range	8.52 - 15.77
Beta	1.20
Analysts	Hold
Price Target	12.25 (+40.64%)
Earnings Date	Nov 27, 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 3 analysts, the average rating for GOGL stock is "Hold." The 12-month stock price forecast is $12.25, which is an increase of 40.64% from the latest price.

Price Target

$12.25

(40.64% upside)

Analyst Consensus: Hold