GNK Logo

GNK Stock Forecast: Genco Shipping & Trading Limited Price Predictions for 2027

Home โ€บ Stocks โ€บ United States | NYSE | Industrials | Marine Shipping

$24.31

-0.85 (-3.38%)

GNK Stock Forecast 2026-2027

$24.31
Current Price
$1.10B
Market Cap
6 Ratings
Buy 4
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to GNK Price Targets

+23.4%
To High Target of $30.00
+21.3%
To Median Target of $29.50
+15.2%
To Low Target of $28.00

GNK Price Momentum

-0.8%
1 Week Change
+3.4%
1 Month Change
+65.3%
1 Year Change
+31.9%
Year-to-Date Change
-10.8%
From 52W High of $27.25
+75.5%
From 52W Low of $13.85
๐Ÿ“Š TOP ANALYST CALLS

Did GNK Make This Month's Elite Buy List?

We don't follow just any analyst โ€” only the top 3% with a proven track record make our cut. See if Genco is one of their latest high-conviction picks.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest GNK Stock Price Targets & Analyst Predictions

Based on our analysis of 2 Wall Street analysts, GNK has a bullish consensus with a median price target of $29.50 (ranging from $28.00 to $30.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $24.31, the median forecast implies a 21.3% upside. This outlook is supported by 4 Buy, 2 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

GNK Analyst Ratings

4
Buy
2
Hold
0
Sell

GNK Price Target Range

Low
$28.00
Average
$29.50
High
$30.00
Current: $24.31

Latest GNK Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for GNK.

Date Firm Analyst Rating Change Price Target
Feb 19, 2026 Alliance Global Partners C.K. Poe Fratt Neutral Downgrade $N/A
Aug 7, 2025 Jefferies Buy Maintains $N/A
May 8, 2025 Jefferies Buy Maintains $N/A
Feb 20, 2025 Jefferies Buy Maintains $N/A
Nov 7, 2024 Jefferies Buy Maintains $N/A
Oct 23, 2024 Stifel Hold Downgrade $N/A
Sep 4, 2024 Deutsche Bank Buy Initiates $N/A
Jul 1, 2024 Alliance Global Partners Buy Maintains $N/A
May 10, 2024 B. Riley Securities Buy Maintains $N/A
May 9, 2024 Jefferies Buy Maintains $N/A
Apr 19, 2024 Stifel Buy Maintains $N/A
Jan 5, 2024 BTIG Neutral Downgrade $N/A
Nov 30, 2023 Jefferies Buy Maintains $N/A
Oct 19, 2023 Stifel Buy Maintains $N/A
Jul 21, 2023 BTIG Buy Maintains $N/A
Jul 19, 2023 Stifel Buy Maintains $N/A
Jun 6, 2023 Jefferies Buy Maintains $N/A
Apr 25, 2023 Stifel Buy Maintains $N/A
Feb 23, 2023 BTIG Buy Maintains $N/A
Feb 23, 2023 Jefferies Buy Reiterates $N/A

Genco Shipping & Trading Limited (GNK) Competitors

The following stocks are similar to Genco based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Genco Shipping & Trading Limited (GNK) Financial Data

Genco Shipping & Trading Limited has a market capitalization of $1.10B with a P/E ratio of 62.2x. The company generates $385.21M in trailing twelve-month revenue with a 4.4% profit margin.

Revenue growth is +60.6% quarter-over-quarter, while maintaining an operating margin of +13.6% and return on equity of +1.9%.

Valuation Metrics

Market Cap $1.10B
Enterprise Value $1.37B
P/E Ratio 62.2x
PEG Ratio -0.4x
Price/Sales 2.7x

Growth & Margins

Revenue Growth (YoY) +60.6%
Gross Margin +21.4%
Operating Margin +13.6%
Net Margin +4.4%
EPS Growth +60.6%

Financial Health

Cash/Price Ratio +5.2%
Current Ratio 3.0x
Debt/Equity 36.6x
ROE +1.9%
ROA +1.8%
๐Ÿ’ก SKIP THE NOISE

97% of Analyst Ratings Go Nowhere

We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ€” tracked and updated every Monday and Thursday.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Genco Shipping & Trading Limited logo

Genco Shipping & Trading Limited (GNK) Business Model

About Genco Shipping & Trading Limited

What They Do

Specializes in ocean transportation of drybulk cargoes.

Business Model

The company owns and operates a modern fleet of dry bulk vessels, including Capesize, Ultramax, and Supramax ships. It generates revenue by chartering its vessels to trading houses, commodities traders, and government entities, facilitating the transportation of essential commodities like iron ore and coal.

Additional Information

Headquartered in New York and founded in 2004, Genco is the largest U.S. headquartered drybulk shipowner, significantly contributing to global supply chains and the movement of industrial raw materials for various sectors.

Company Information

Sector

Industrials

Industry

Marine Shipping

Employees

1,056

CEO

Mr. John C. Wobensmith C.F.A.

Country

United States

IPO Year

2015

Genco Shipping & Trading Limited (GNK) Latest News & Analysis

Latest News

GNK stock latest news image
Quick Summary

Genco Shipping criticized Diana Shipping's $24.80 tender offer as undervaluing its assets and lacking a control premium, claiming it seeks to mislead Genco shareholders.

Why It Matters

Diana's undervalued tender offer for Genco raises concerns over fair valuation and control premium, potentially impacting shareholder sentiment and stock price volatility.

Source: GlobeNewsWire
Market Sentiment: Neutral
GNK stock latest news image
Quick Summary

Genco Shipping (GNK) is under pressure from activist Diana Shipping after a failed board vote. GNK trades at a low EV/EBITDA of 6.4x, 47% below the sector median, with low debt enhancing safety for investors.

Why It Matters

Genco Shipping's low valuation and Diana Shipping's aggressive bid signal potential upside. The board's resistance enhances uncertainty, presenting a tactical entry point for investors.

Source: Seeking Alpha
Market Sentiment: Positive
GNK stock latest news image
Quick Summary

Genco Shipping & Trading (NYSE:GNK) urges shareholders to vote by today's 11:59 PM ET deadline, supporting its director nominees per proxy advisory firms' recommendations. Voting info at Genco's website.

Why It Matters

Genco's push for shareholder votes can impact leadership and strategic direction, influencing future performance and stock value, which is critical for current and potential investors.

Source: GlobeNewsWire
Market Sentiment: Neutral
GNK stock latest news image
Quick Summary

Genco Shipping & Trading will hold its Annual Meeting on June 18, 2026. The Board will review a revised proposal from Diana Shipping to maximize shareholder value.

Why It Matters

Genco's review of Diana Shipping's proposal signals potential changes in ownership or strategy, impacting share value and market perceptions of Genco's future prospects.

Source: GlobeNewsWire
Market Sentiment: Neutral
GNK stock latest news image
Quick Summary

Genco's recent results demonstrate strong support for its Board of Directors and highlight the effective implementation of its comprehensive value strategy.

Why It Matters

Strong support for Genco's board suggests confidence in management's strategy, potentially leading to sustained growth and increased shareholder value, which can attract more investment.

Source: GlobeNewsWire
Market Sentiment: Neutral
GNK stock latest news image
Quick Summary

Leading proxy advisory firms ISS, Glass Lewis, and Egan-Jones support the reelection of Genco's full board, citing their success in delivering shareholder value amid a strengthening drybulk market.

Why It Matters

Support from leading proxy advisory firms for Genco's board signals confidence in management, potentially boosting stock prices and attracting more investor interest amid a strong drybulk market.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About GNK Stock

What is Genco Shipping & Trading Limited's (GNK) stock forecast for 2027?

Based on our analysis of 2 Wall Street analysts, Genco Shipping & Trading Limited (GNK) has a median price target of $29.50. The highest price target is $30.00 and the lowest is $28.00.

Is GNK stock a good investment in 2027?

According to current analyst ratings, GNK has 4 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $24.31. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for GNK stock?

Wall Street analysts predict GNK stock could reach $29.50 in the next 12 months. This represents a 21.3% increase from the current price of $24.31. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Genco Shipping & Trading Limited's business model?

The company owns and operates a modern fleet of dry bulk vessels, including Capesize, Ultramax, and Supramax ships. It generates revenue by chartering its vessels to trading houses, commodities traders, and government entities, facilitating the transportation of essential commodities like iron ore and coal.

What is the highest forecasted price for GNK Genco Shipping & Trading Limited?

The highest price target for GNK is $30.00 from at , which represents a 23.4% increase from the current price of $24.31.

What is the lowest forecasted price for GNK Genco Shipping & Trading Limited?

The lowest price target for GNK is $28.00 from at , which represents a 15.2% increase from the current price of $24.31.

What is the overall GNK consensus from analysts for Genco Shipping & Trading Limited?

The overall analyst consensus for GNK is bullish. Out of 2 Wall Street analysts, 4 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $29.50.

How accurate are GNK stock price projections?

Stock price projections, including those for Genco Shipping & Trading Limited, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: July 10, 2026 2:52 AM UTC
Serious About Growing Your Portfolio?

We highlight 2 high-upside stocks each month – no fluff.

Missedย NVDA?
Donโ€™t Miss the Next One.

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ€” for free.