Golden Ocean Group Limited (GOGL)

Market Cap	2.71B
Revenue (ttm)	885.77M
Net Income (ttm)	112.27M
Shares Out	199.63M
EPS (ttm)	0.56
PE Ratio	24.32
Forward PE	14.88
Dividend	$0.60 (4.42%)
Ex-Dividend Date	Mar 12, 2024

Volume	1,588,920
Open	13.50
Previous Close	13.38
Day's Range	13.47 - 13.73
52-Week Range	6.89 - 13.95
Beta	1.40
Analysts	Buy
Price Target	15.00 (+10.38%)
Earnings Date	May 14, 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

Financial Performance

In 2023, GOGL's revenue was $885.77 million, a decrease of -20.45% 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 "Buy." The 12-month stock price forecast is $15.0, which is an increase of 10.38% from the latest price.

Price Target

$15.0

(10.38% upside)

Analyst Consensus: Buy