Grindrod Shipping Holdings Ltd. (GRIN)

NASDAQ: GRIN · IEX Real-Time Price · USD
23.97
+0.04 (0.17%)
At close: Oct 3, 2022 4:00 PM
23.85
-0.12 (-0.50%)
After-hours: Oct 3, 2022 7:07 PM EDT
0.17%
Market Cap 455.35M
Revenue (ttm) 496.46M
Net Income (ttm) 182.59M
Shares Out 19.00M
EPS (ttm) 8.59
PE Ratio 2.79
Forward PE 4.57
Dividend $2.75 (11.47%)
Ex-Dividend Date Sep 8, 2022
Volume 253,938
Open 24.04
Previous Close 23.93
Day's Range 23.88 - 24.40
52-Week Range 12.83 - 28.98
Beta 0.83
Analysts Buy
Price Target 32.13 (+34.0%)
Earnings Date Nov 15, 2022

About GRIN

Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 32 vessels consisting of 24 owned dry bulk carriers and 7 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates one owned tanker, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as hea... [Read more...]

Industry Marine
IPO Date Jun 18, 2018
Employees 596
Stock Exchange NASDAQ
Ticker Symbol GRIN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for GRIN stock is "Buy." The 12-month stock price forecast is 32.13, which is an increase of 34.04% from the latest price.

Price Target
$32.13
(34.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Grindrod Shipping Stock Blasted 17% Higher Today

A buyout proposal pops the shares on an otherwise unmemorable Monday for the market.

1 month ago - The Motley Fool

Why Is Grindrod Shipping (GRIN) Stock Up 15% Today?

Source: Avigator Fortuner / Shutterstock.com This morning, Grindrod Shipping (NASDAQ: GRIN ) disclosed that it is in “exclusive discussions” with Taylor Maritime Investments (OTCMKTS: TMILF ) regarding ...

1 month ago - InvestorPlace

Grindrod Shipping Holdings Ltd. Holding Announcement

SINGAPORE, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transpor...

1 month ago - GlobeNewsWire

Grindrod Shipping Holdings Ltd. Unaudited Financial Results For the Second Quarter & First Half of the Year Ending De...

SINGAPORE, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transpor...

1 month ago - GlobeNewsWire

What's in Store for Grindrod Shipping (GRIN) in Q2 Earnings?

High fuel costs are likely to get reflected in Grindrod Shipping's (GRIN) Q2 results.

1 month ago - Zacks Investment Research

Grindrod Shipping Holdings Ltd. Announces Date for Its Second Quarter and First Half 2022 Financial Results Release

SINGAPORE, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services predomina...

1 month ago - GlobeNewsWire

Is Grindrod Shipping (GRIN) Stock Outpacing Its Transportation Peers This Year?

Here is how Grindrod Shipping Holdings Ltd. (GRIN) and Matson (MATX) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

Should Value Investors Buy Grindrod Shipping (GRIN) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

6 Blue Chip Stocks Under $20 to Buy

These are the top 6 blue chip stocks under $20 available right now that pay dividends and have low P/E multiples. Moreover, the earnings more than cover the dividends paid out.

Other symbols: CGBDCPGCVEFGNK
2 months ago - InvestorPlace

3 Shipping Stocks to Buy Now

The shipping industry is critical to the world's economy. Here are three shipping stocks to buy now that all have important positive traits.

Other symbols: DACNMM
3 months ago - InvestorPlace

Are Investors Undervaluing Grindrod Shipping (GRIN) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

Here's Why Momentum in Grindrod Shipping Holdings Ltd. (GRIN) Should Keep going

Grindrod Shipping Holdings Ltd. (GRIN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

3 months ago - Zacks Investment Research

Is Grindrod Shipping (GRIN) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

4 months ago - Zacks Investment Research

Here's Why Grindrod Shipping Holdings Ltd. (GRIN) Could be Great Choice for a Bottom Fisher

Grindrod Shipping Holdings Ltd. (GRIN) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart.

4 months ago - Zacks Investment Research

Grindrod Shipping Holdings Ltd. (GRIN) Q1 Earnings and Revenues Surpass Estimates

Grindrod Shipping Holdings Ltd. (GRIN) delivered earnings and revenue surprises of 14.71% and 0.19%, respectively, for the quarter ended March 2022.

4 months ago - Zacks Investment Research

Grindrod Shipping Holdings Ltd. Unaudited Financial Results for the Three Months Ended March 31, 2022

SINGAPORE, May 24, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or the “Company” or the “Group” or “we” or “us” or “our”), a global provider of...

4 months ago - GlobeNewsWire

Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

4 months ago - FreightWaves

What's in Store for Grindrod Shipping (GRIN) in Q1 Earnings?

Grindrod Shipping's (GRIN) first-quarter 2022 results are likely to have been aided by improved market conditions in the drybulk business.

4 months ago - Zacks Investment Research

What Makes Grindrod Shipping Holdings Ltd. (GRIN) a Good Fit for "Trend Investing"

Grindrod Shipping Holdings Ltd. (GRIN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

4 months ago - Zacks Investment Research

New Strong Buy Stocks for May 20th

ARR, GRIN, AMR, BSM, and HCI have been added to the Zacks Rank #1 (Strong Buy) List on May 20, 2022.

Other symbols: AMRARRBSMHCI
4 months ago - Zacks Investment Research

Best Value Stocks to Buy for May 20th

AMR, CPLP, and GRIN made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 20, 2022.

Other symbols: AMRCPLP
4 months ago - Zacks Investment Research

Best Income Stocks to Buy for May 20th

ARR, GRIN, and BSM made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 20, 2022.

Other symbols: ARRBSM
4 months ago - Zacks Investment Research

Can Grindrod Shipping Holdings Ltd. (GRIN) Keep the Earnings Surprise Streak Alive?

Grindrod Shipping Holdings Ltd. (GRIN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research

Grindrod Shipping Holdings Ltd. Announces Date for Its First Quarter 2022 Financial Results Release

SINGAPORE, May 18, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services predominan...

4 months ago - GlobeNewsWire

Grindrod Shipping Holdings Ltd. Announces Sale of Matuku, Acquisition of IVS Pinehurst, and Charter Extension for IVS...

SINGAPORE, May 17, 2022 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “it” or “we”), a global provider of maritime transportation ser...

4 months ago - GlobeNewsWire